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
More information
2020
07-31
Daye Peak Declared 4 Invention Patents Last Year
In 2019, Daye Jianfeng Cement Company changed its thinking, actively explored and tested the use of new materials, and summarized the research results in a timely manner, and successively declared 4 invention patents. In the production process of low-alkali cement, Daye Peak changed the traditional scheme of using high-grade sandstone ingredients alone to replace part of the sandstone and part of the iron correction material with iron ore waste soil, which not only controlled the alkali content in the clinker, but also increased the Al2O3 content in the clinker, ensuring the easy burnability and high early strength of the clinker. Innovation has also been made in the raw material batching scheme, breaking the original high-grade and low-grade sandstones used together and changing them to separate batching of high-grade and low-grade sandstones respectively, thus avoiding the disadvantage of easy material segregation in the process of high-grade and low-grade sandstones used together. At the same time, the original four-component batching is changed to five-component batching, so that low-alkali clinker can be freely switched, which is convenient for production organization and production cost. On the basis of a series of innovative achievements, Daye Peak declared four invention patents in 2019: "a technology for producing clinker from gas sludge and dust collection in steel mills", "a method for treating sludge in machine-made sand mills", "an improvement in raw material batching method" and "a technology for producing low cement from iron ore mining waste soil", all of which have high practical value. (Fan Liangwu)
2020
07-31
On January 14, the Party Committee of the Group Company held a summary meeting on the theme of "Do not forget your initiative mind, Keeping in mind the mission" to comprehensively summarize the progress and effectiveness of the theme education work, and on this basis further put forward the requirements for strengthening Party building. At this point, the theme education of "Do not forget your initiative mind, Keeping in Mind Mission" has been successfully concluded. Although according to the arrangement of the central government, the theme education of "Do not forget your initiative mind, Keeping in mind the mission" will start in September 2019, since the central government issued the relevant documents on the theme education of "Do not forget your initiative mind, Keeping in mind the mission", the Party committee of the group company has started to prepare in advance and organized and studied the spirit of General Secretary Xi Jinping's important speech on "Do not forget your initiative mind, Keeping in mind. Party organizations at all levels plan ahead and make full use of the "Peak News", publicity boards, party-mass activity rooms, WeChat public accounts and other media to carry out various forms of publicity to guide the majority of party members and cadres to deeply understand the important content and significance of the theme education. On June 29, the Party committee of the group company and the Party branch of Jiangbei sub branch of China Merchants Bank jointly organized party members and cadres to visit the old revolutionary base area of yinkeng village, Shafan Township, Jinhua. By reviewing the revolutionary history of the ancestors, studying the party history, reviewing the oath of joining the party, and strengthening the belief of striving for the party for the whole life, Further deeply understand the original intention and mission of seeking happiness for the Chinese people and rejuvenation of the Chinese nation. After the second batch of "Do not forget your initiative mind, Keeping in Mind Mission" thematic education officially started in September, the Party Committee of the Group Company held a thematic education arrangement meeting in a timely manner and set up a thematic education leader composed of Party Secretary Jiang Xiaomeng as the team leader and all Party committee members.
2020
07-31
City Red Cross thanks spike help "anti-epidemic"
On February 26, Jinhua City Red Cross Party Secretary, Executive Vice President Shi Yiwei and his entourage to visit the peak, the peak in the prevention and control of the new coronary pneumonia epidemic actively contribute to love, brave social responsibility of the great love and kindness to express gratitude. Jiang Xiaomeng, chairman of the group company, Huang Jinlong, deputy general manager of the group company and general manager of the pharmaceutical company, and Xiang Chongping, deputy general manager of the group company, had a discussion with Vice President Shi Yiwei and his party. In order to solve the difficult problems for caring enterprises to resume work and production, the Municipal Red Cross Society, based on its own functional positioning and giving full play to its unique advantages, conducted a large feedback and return visit to caring enterprises, and jointly established three Red Cross volunteer service teams, including traditional Chinese medicine service, psychological assistance, and emergency rescue training, to take "eight measures" to help caring enterprises resume work and production. Vice President Shi Yiwei led the backbone of three volunteer service teams to the peak for a return visit, expressing his gratitude for the contribution made by the peak in the prevention and control of the new coronary pneumonia epidemic, and sent a letter of thanks and the "New Coronary Pneumonia Prevention and Control Enterprises Resuming Work and Resuming Production Protection Manual". Chairman Jiang Xiaomeng introduced the industrial layout, production and operation of the peak, focusing on the resumption of work and production of the peak enterprises, and put forward opinions and suggestions on the reduction and exemption of basic electricity charges for enterprises, the support policies for small and medium-sized enterprises, and the payment of "five insurance and one fund. (Reporter Ni Yingzhen)
2020
07-30
City Red Cross thanks spike help "anti-epidemic"
On February 26, Jinhua City Red Cross Party Secretary, Executive Vice President Shi Yiwei and his entourage to visit the peak, the peak in the prevention and control of the new coronary pneumonia epidemic actively contribute to love, brave social responsibility of the great love and kindness to express gratitude. Jiang Xiaomeng, chairman of the group company, Huang Jinlong, deputy general manager of the group company and general manager of the pharmaceutical company, and Xiang Chongping, deputy general manager of the group company, had a discussion with Vice President Shi Yiwei and his party. In order to solve the difficult problems for caring enterprises to resume work and production, the Municipal Red Cross Society, based on its own functional positioning and giving full play to its unique advantages, conducted a large feedback and return visit to caring enterprises, and jointly established three Red Cross volunteer service teams, including traditional Chinese medicine service, psychological assistance, and emergency rescue training, to take "eight measures" to help caring enterprises resume work and production. Vice President Shi Yiwei led the backbone of three volunteer service teams to the peak for a return visit, expressing his gratitude for the contribution made by the peak in the prevention and control of the new coronary pneumonia epidemic, and sent a letter of thanks and the "New Coronary Pneumonia Prevention and Control Enterprises Resuming Work and Resuming Production Protection Manual". Chairman Jiang Xiaomeng introduced the industrial layout, production and operation of the peak, focusing on the resumption of work and production of the peak enterprises, and put forward opinions and suggestions on the reduction and exemption of basic electricity charges for enterprises, the support policies for small and medium-sized enterprises, and the payment of "five insurance and one fund. (Reporter Ni Yingzhen)
2020
07-31
City Red Cross thanks spike help "anti-epidemic"
On February 26, Jinhua City Red Cross Party Secretary, Executive Vice President Shi Yiwei and his entourage to visit the peak, the peak in the prevention and control of the new coronary pneumonia epidemic actively contribute to love, brave social responsibility of the great love and kindness to express gratitude. Jiang Xiaomeng, chairman of the group company, Huang Jinlong, deputy general manager of the group company and general manager of the pharmaceutical company, and Xiang Chongping, deputy general manager of the group company, had a discussion with Vice President Shi Yiwei and his party. In order to solve the difficult problems for caring enterprises to resume work and production, the Municipal Red Cross Society, based on its own functional positioning and giving full play to its unique advantages, conducted a large feedback and return visit to caring enterprises, and jointly established three Red Cross volunteer service teams, including traditional Chinese medicine service, psychological assistance, and emergency rescue training, to take "eight measures" to help caring enterprises resume work and production. Vice President Shi Yiwei led the backbone of three volunteer service teams to the peak for a return visit, expressing his gratitude for the contribution made by the peak in the prevention and control of the new coronary pneumonia epidemic, and sent a letter of thanks and the "New Coronary Pneumonia Prevention and Control Enterprises Resuming Work and Resuming Production Protection Manual". Chairman Jiang Xiaomeng introduced the industrial layout, production and operation of the peak, focusing on the resumption of work and production of the peak enterprises, and put forward opinions and suggestions on the reduction and exemption of basic electricity charges for enterprises, the support policies for small and medium-sized enterprises, and the payment of "five insurance and one fund. (Reporter Ni Yingzhen)
2020
07-31