Pro 2014-027 (Jianfeng Group Accounting Policy Change Announcement)
Release time:
2020-08-05
Securities Code: 600668 Securities Short Name: Jianfeng Group Announcement No.: 2014-027
Bond Short Name: 13 Jianfeng 01 Bond Code: 122227
Zhejiang Jianfeng Group Co., Ltd.
Announcement on Changes in the Company's Accounting Policy
The Board of Directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important Note:
l This change in accounting policy is a reasonable adjustment in accordance with the requirements of the Ministry of Finance of the People's Republic of China and will not have a significant impact on the Company's assets, liabilities, profit and loss, cash flow, etc.
1. Overview
The Ministry of Finance has successively revised and issued "Accounting Standards for Enterprises No. 9 - Employee Compensation" and "Accounting Standards for Enterprises No. 30 - Financial Statements Presentation" since 2014 "," Accounting Standards for Business Enterprises No. 33 - Consolidated Financial Statements "," Accounting Standards for Business Enterprises No. 39 - Fair Value Measurement "," Accounting Standards for Business Enterprises No. 40 - Joint Venture Arrangement "," Accounting Standards for Business Enterprises No. 2 - long-Term Equity Investments, Corporate Accounting Standards 41 - Disclosure of Interests in Other Entities, and Corporate Accounting Standards 37 - Presentation of Financial Instruments , and other eight specific standards, and requires that from 2014 7 1 to be implemented within the scope of all enterprises that implement the accounting standards for enterprises. 2014 7 February 23 , the Ministry of Finance issued the "Decision of the Ministry of Finance on Amending < Accounting Standards for Enterprises - Basic Standards > ", which will come into force on the date of promulgation. The China Securities Regulatory Commission issued the "Notice on Doing a Good Job in the Disclosure of Financial Information Related to Newly Promulgated or Revised Accounting Standards in the Quarterly Report of the Third Quarter of 2014". The Shanghai Stock Exchange also used the "Important Reminder" to remind listed companies to do a good job in implementing the new standards when preparing and reviewing the third quarter report. As a A- share listed company,
Company implemented the above revised accounting standards in the quarterly report of the third quarter of 2014 and made corresponding changes to the company's accounting policies. The remaining unchanged parts still adopt the relevant standards and relevant regulations promulgated by the Ministry of Finance on 2006
15 . The 19th meeting of the eighth board of directors of the company reviewed and approved the "Proposal on Changes in the Company's Accounting Policy" and agreed to the company's implementation of the above changes in accounting policies.
Details of 2. Accounting Policy Changes and Their Impact on the Company
1, Impact of Implementing Accounting Standards for Business Enterprises 2
- Long-Term Equity Investment on the Company's Financial Statements According to the Standards, for , "
equity investmentthat does not have control, joint control or significant influence on the invested unit and has no quotation in the active market and whose fair value cannot be reliably measured" shall be treated according to "Accounting Standards for Business Enterprises No. 22 No. -# Recognition and Measurement of 126 Financial Assets. From "Long-term equity investment " to "Available-for-sale financial assets. Impact of Changes in Long-term Equity Investment Standards on Consolidated Financial Reporting
Unit: Yuan Currency: RMBLong Term Equity Investment |
Available-for-Sale Financial Assets |
|
-105,000,000.00 |
105,000,000.00 |
|
-36,363,832.51 |
36,363,832.51 |
|
-66,362,988.10 |
66,362,988.10 |
|
-20,000,000.00 |
241 ,000,000 |
|
| # | Zhejiang Jiaxing Santa Building Materials Co., Ltd.
||
-924,803.00 |
924,803.00 |
|
-330,000.00 |
330,000.00 |
|
-1,200,000.00 |
1,200,000.00 |
|
-230,181,623.61 |
230,181,623.61 |
2
-Long-Term Equity Investments" on the Company's financial statements, the implementation of the remaining standards will not have a material impact on the Company's financial statements. This adjustment will not have a significant impact on the total assets, total liabilities, net assets, and net profit of the company 2013 and the interim report of this year.
Independent Opinions of 3. Independent Directors
The independent directors of the company expressed their independent opinions on this. They believed that: in accordance with the relevant regulations and requirements of the Ministry of Finance and the China Securities Regulatory Commission,has made changes to the company's accounting policies and made retrospective adjustments to the business accounting involved to make the company's accounting policies comply with the relevant regulations of the Ministry of Finance, the China Securities Regulatory Commission and the Shanghai Stock Exchange, it is in the interests of the Company and all shareholders to be able to objectively and fairly reflect the Company's financial position and results of operations. The decision-making process for this change in accounting policy is in compliance with relevant laws, regulations and the Company's Articles of Association, and does not harm the rights and interests of the Company and its small and medium shareholders.
Opinions of the 4. Board of Supervisors
The Board of Supervisors believes that this adjustment is a reasonable change and adjustment in accordance with the relevant accounting standards newly promulgated or revised by the Ministry of Finance in 2014. The implementation of the relevant accounting standards newly promulgated or revised by the Ministry of Finance in 2014 can more objectively and fairly reflect the company's financial situation and operating results; the relevant decision-making procedures are in compliance with relevant laws and regulations and the Company's Articles of Association, and there is no harm to the interests of the Company and its shareholders. The Supervisory Board agreed to change the Company's accounting policies in accordance with the relevant accounting standards newly issued or revised by the Ministry of Finance in 2014.5. Online Announcement Annex
(I) Independent Director's Opinions on Changes in Company Accounting Policies
(II) Company's 7th 13th Board of Supervisors Resolution Announcement
(III) Company's 8th 19th Board of Directors Resolution Announcement
This is hereby announced.
Zhejiang Jianfeng Group Co., Ltd. Board of Directors
October 27, 2014
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2020
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The company requires to do a good job in summer safety production
The high temperature season is approaching, and the group company issued a notice a few days ago to make arrangements for safe production in summer. The notice requires all subordinate units of the company to attach great importance to the work of production safety in summer, and all production and business units should hold a special meeting on production safety in summer. According to the characteristics of production in summer, they should focus on safety risk analysis for mines, outdoor operations and high-temperature posts, and implement control measures to avoid the occurrence of safety accidents such as scalding, heatstroke and electric shock. In order to further strengthen the safety production management in the high temperature season, the notice requires the main person in charge of each production and business unit to lead a team to conduct a comprehensive inspection of the production and business premises according to the characteristics of summer production; strengthen the daily safety production inspection of key posts and special posts; timely rectify the found unsafe behaviors and hidden dangers; Strengthen the management of the storage and use of flammable, explosive, dangerous chemicals and drugs; cooling measures shall be taken for the space exceeding the storage temperature limit of articles. If it is found that the electrical equipment circuit and exhaust fan circuit are aged and damaged, replace them in time and keep the grounding wire in good condition. Do a good job in checking the fire pool, pipeline water pressure and fire extinguishing equipment to ensure that the fire fighting facilities are sensitive, intact and reliable. The high temperature in summer is also a period of frequent occurrence of heatstroke and other diseases. The notice requires all units to do a good job in heatstroke prevention and cooling, implement various relevant measures, and equip necessary cooling facilities or materials such as fans, air conditioners, ice cubes and other cooling facilities or materials according to the conditions of the production site; do a good job in the distribution of heatstroke prevention drugs, supplies and cool drinks in workshops, warehouses, construction sites and other production lines; strengthen canteen management to prevent food poisoning. (this newspaper reporter)
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