Announcement of the Group on the Relevant Regulations for the Special Establishment of the Supervision Department

In order to further strengthen the management of the assets (financial and material) of the group and each branch, manage all aspects of the assets that may be lost, and really supervise in place, so that each post or the supervision department can detect problems and prevent bad situations in time happened. Therefore, on the basis of "Regulations on Further Strengthening Financial Inventory and Material Sampling" [2007] No. 3, the Group specially set up a supervision department for management.

1. Supervisors:

Person in charge: Zhang Weimin

Departmental personnel: Group Finance Department, and the office directors of each branch are dispatched to participate at any time as needed.

2. Objects of supervision: all positions that may unintentionally or intentionally lose corporate assets.

1. Purchasing Department: The corresponding quality of the purchased items and the reasonableness of the corresponding price.

2. Purchasers and salesmen use their positions for personal gain.

3. Production department:

①The use of raw and auxiliary materials and machine materials is in place

②Standard operation of picking link

③Residues of raw and auxiliary materials and packaging of machine materials.

4. Quality Inspection Department:

① Inspection of finished products.

② Inspection of measuring tools such as electronic scales and ground scales.

5. Laboratory: Inspection of raw materials and oil.

6. Finance: Check all kinds of expenditures (expense reimbursement, borrowing), invoicing, approval, audit and other links.

7. Warehouse:

①The custodian shall inspect the receipt, storage, distribution and external quality of raw and auxiliary materials and machine materials.

②The custodian is accurate in the warehousing, delivery and inventory of finished products, and the inventory is consistent with the financial book.

8. Other positions:

3. Supervision means:

1. Basic inspection (see "Regulations on Further Strengthening Financial Inventory and Material Sampling" for details).

2. Spot checks (see "Regulations on Further Strengthening Financial Inventory and Material Spot Checks" for details).

3. Report the situation of each inspection and random inspection:

①If the inspection or random inspection is in good condition or there is no major situation, report it in the publicity window of the relevant branch.

②If any major or special situation is found, in addition to the notification in the relevant branch, it will also be notified in all branches, lines and two covered spinning mills of the group at the same time.

③The supervision department will feed back the inspection or random inspection situation to the inspected or random inspection object (department or individual), the general manager of the relevant branch, the relevant branch office (retained), and the group office (reported to the general manager).

4. Supervision and processing:

1. If there is no major impact, the Supervision Department will record the inspection results and notify the person in charge of the department to be included in the error assessment book and included in the year-end work award assessment content.

2. If losses are caused to the company, the company leaders will discuss and decide the handling situation according to the seriousness of the circumstances and the amount of money, which will be included in the assessment content of the year-end work award in turn, and the amount will be compensated and dismissed as appropriate. In particular, intentional problems caused subjectively (this is the principle of the enterprise) will increase processing and other responsibilities.

 

Zhejiang Xingfa Chemical Fiber Group Co., Ltd.