Notice of Group Supervision Department Expanding Supervision Scope

Branches and lines:

Through nearly 14 years of development and continuous improvement, Xingfa has made clear the basic concepts and basic systems of the enterprise, that is to say, the requirements for everyone to do are basically clear, in order to:

① Better implement these requirements, and continuously improve, improve, and improve again.

② More clearly reflect the quality of work of managers and employees at all levels.

The Group has decided: on the basis of the supervision of the assets, the Supervision Department will strengthen the inspection and supervision of all the work of the Group, each branch, each department and each employee. Strengthen the supervision and inspection of the first-level. The relevant matters are notified as follows:

1. The scope of supervision of the Supervision Department:

1. Supervision of assets (financial and material). (See Group Document [2009011] for details)

2. Supervision of work.

2. Relevant content of work supervision:

1. Personnel:

The specific person in charge: Wang Loubin.

Composition: The office staff of each branch company and the financial department staff can be transferred at any time as needed.

2. Content: All work is subject to supervision.

① Working status at work.

②The implementation of the "Two Basic Principles of Managers". (For details, please refer to Document No. [200617])

③ The implementation of various systems.

④ The implementation of the work that has been clarified.

⑤ The quality of work within the scope of responsibility.

⑥Other:

3. Supervision means:

①Group inspection: The Group Supervision Department conducts inspections of the Group and all branches, departments, teams and employees at any time.

②Branch inspection: The director of the branch office is responsible for dispatching office personnel or personnel from the financial department as needed to inspect the company's various work regularly or irregularly. The specific branches are arranged by themselves and reported to the general manager of the branch.

③Inspection form: choose a reasonable inspection method according to the different inspection contents, such as listening to the report of the inspected person, learning from the inspected person’s leader, colleagues or subordinates, understanding from the supplier or customer, checking the record book, checking the scene, and writing or verbally, etc.

4. Supervision and processing:

① Notification: a. The contents and results of each inspection are reported to the group (group inspection) and each branch (branch inspection) and reported to the general manager.

b. Feedback to the inspected object.

②Treatment: a. The inspection content and results are discussed and assessed by relevant personnel, and rewards and punishments are clearly defined. (Refer to the document No. [2009021] of the Group)

b. The office is retained as a reference for year-end work awards and post adjustment.

Attachment: Sample of "Group Work Inspection Circular"

Sample of "Chengbang Chemical Fiber Work Inspection Bulletin" (for branch reference)

 

Zhejiang Xingfa Chemical Fiber Group Co., Ltd.