TigerResearch/tigerbot-earning-plugin huggingface dataset:
reports confirmed by the Company is as follows: Material deficiencies: serious violations and being sentenced to heavy fines or need taking criminal responsibility; utterly disregard the rules of law, illegal behaviors in the operation and management are particularly severe and the circumstance is very bad, which leads to the suspension or cessation to the company's daily operation and management activities, and leads to the audit report with a
disclaimer of opinion or a negative opinion issued by the CPA; the negative news spread all over the country, which caused severe damage to the
company’s reputation; resulted in decease of a number of workers or citizens, or resulted in
damages that are unable to recover to workers or citizens; reached the circumstance(grade II) of major environmental event. Significant
deficiencies: illegal and being punished; disregard the requirements of the company’s management system and the relevant rules of law, there are illegal acts of using the authority to seek illegal
interests in the work, which significantly affect the efficiency and the result of daily operation and
management activities and lead to the audit report with qualified opinion issued by the CPA; the
negative news spread in a region, which caused the large-extent damage to the company’s reputation; resulted in decease of a worker or a citizen, or
resulted in damages that need long time to recover to workers or citizens;
reached the circumstance(grade III) of big
environmental event. General deficiencies: minor violations; the awareness of management under in compliance with laws and regulations is weak, lacking of business and management knowledge, and there are phenomena such as being slack in
performing management duties, being passive and poorly execute the institution in the work, which shall affect the efficiency and the result of daily operation and management activities and lead to small effects to the company’s management goal; the negative news spread within the company, which caused the little-extent damage to the
company’s
reputation; shortly affected the health of the
workers or citizens and the workers or citizens can be recovered in a short time; reached the
circumstance(grade IV) of general environmental event.
Standards of The qualitative criteria for the evaluation of The qualitative criteria for the evaluation of Quantization internal control deficiencies in financial reports
confirmed by the Company is as follows: Material deficiencies: potential
misstatement≧1% of the total amount of the
owner’s equity or RMB 200 million; significant deficiencies: 0.5% of the total amount of the owner’s equity or RMB 100 million≤potential misstatement<1% of the total amount of the owner’s equity or RMB 200 million; general deficiencies: potential misstatement<0.5% of the total amount of the owner’s equity or RMB100 million Standards of Quantization
internal control deficiencies in financial reports
confirmed by the Company is as follows:Material deficiencies: potential misstatement≧1% of the total amount of the
owner’s equity or RMB 200 million; significant deficiencies: 0.5% of the total amount of the owner’s equity or RMB 100 million≤potential misstatement<1% of the total amount of the owner’s equity or RMB 200 million; general
deficiencies: potential misstatement<0.5% of the total amount of the owner’s equity or RMB 100 million Standards of Quantization
Number of major defects in financial reporting(a)
Number of major
defects in non financial reporting (a)
Number of important defects in financial reporting(a)
Number of important defects in non financial reporting(a)
2. Internal Control audit report
Review opinions in the internal control audit report
In our opinion, Guangdong Expressway has maintained effective financial report internal control in all material aspects according to the basic standards for Enterprise internal control and relevant regulations ended December 31, 2022.
Disclosure of internal audit report Disclosure Disclosure date of audit report
of internal control (full-text)
March 21,2023
Disclosure index of audit report of internal control (full-text)
Internal audit report’s opinion Unqualified audit opinion Non-financial reporting has material deficiencies No
Has the CPAs issued a qualified auditor’s report of internal control .□Yes √No
Does the internal control audit report issued by the CPAs agree with the self-assessment report of the Board of Directors
XV. Rectification of self-examination problems in special governance actions of listed companies
According to the Notice on Well Ensuring Self-examination and Self-correction for Special Governance Actions of Listed Companies issued by Guangdong Securities Regulatory Bureau, the Company carefully combed the corporate governance including the establishment of the organization, the revision of the company system, the operation and decision-making of the organization, the code of conduct of controlling shareholders and related parties, the related party transactions and the internal control standard system.
Upon self-examination, it is found that the Company strictly follows the requirements of the Company Law, the Securities Law, the Governance Guidelines for Listed Companies, the Stock Listing Rules and other laws and regulations to build and improve the corporate governance structure and improve the standard operation level. The Company has formulated the Articles of Association, the rules of procedure for the operation of the third meetings, the working rules of the special committees of the Board of Directors, the working rules of the general manager and other systems, as well as the internal control system covering the Company's financial management, investment management, information disclosure, related party transactions, external guarantee, fund raising and other aspects of operation and management, and all these systems have been well implemented.
The general meeting of shareholders performs its functions effectively in strict accordance with the Company Law, the Articles of Association and other relevant regulations. The Board of Directors is responsible to the general meeting of shareholders, bears the ultimate responsibility of daily operation and management, holds meetings according to legal procedures and exercises its powers. In the attitude of being responsible to all shareholders, the Board of Supervisors maintains close contact and communication with the Board of Directors and management, and effectively performs all supervisory powers and obligations.
The Company must operate independently in terms of business, personnel, assets, institutions and finance for controlling shareholders.
The Company rectified the insufficiency in number of meetings held by the professional committee of the Board of Directors every year. During the reporting period, the Audit Committee of the Board of Directors held 4 meetings; the Remuneration and Assessment Committee held 3 meetings; the Strategy Committee and the Risk Management Committee held 1 meeting respectively. Communication, supervision and verification of internal and external audit of the Company by the professional committees of the Board of Directors; it reviews the remuneration policies and programs of directors and senior management personnel of the Company; studies the strategic development direction of the Company and the establishment of enterprise risk management system, puts forward guiding opinions for the establishment of enterprise risk management system, and provides advice and suggestions for major decisions of the Board of Directors.
V. Environmental & Social Responsibility
I. Significant environmental issues
Whether the Company or any of its subsidiaries is identified as a key polluter by the environment authorities□Yes √No
Administrative penalties for environmental problems during the reporting period
Refer to other environmental information disclosed by key pollutant discharge units
Measures and effects taken to reduce its carbon emissions during the reporting period□Applicable √Not applicable
Reasons for not disclosing other environmental information None
II. Social responsibilities
For details of CSR work, please refer to the "2022 Environmental, Social and Governance (ESG) Report of Guangdong Expressway Development Co., Ltd" disclosed on Cninfo Information Network
(www.cninfo.com.cn) onMarch 21, 2023
III. Consolidate and expand the achievements of poverty alleviation and rural revitalization
VI. Important Events
I. Commitments to fulfill the situation
1.The fulfilled commitments in the reporting period and under-fulfillment commitments by the end of the reporting period made by the company, shareholder, actual controller, acquirer, director, supervisor, senior management personnel and other related parities.
Commitment Commitment maker Type Contents
Time of making
Period of commitment
Commitment on share
Provincial Freeway Co.,Ltd.
Performance commitment
The predicted net profit of Guangdong Guanghui Expressway Co., Ltd. after deducting non-recurring gains and losses in 2020, 2021 and 2022 (hereinafter referred to as "predicted net profit") is RMB 652,477,500, RMB1,112,587,300 and RMB 1,234,200,900 respectively. According to the special audit opinion issued by the accounting firm, if the accumulated realized net profit of Guangdong Guangzhou-Huizhou Expressway Co., Ltd. at the end of any fiscal year does not reach the accumulated predicted net profit within the compensation period, Guangdong Provincial Freeway Co.,Ltd. will compensate in cash as agreed.
November25,
Commitment on authenticity, accuracy and
completeness of the information provided
1. The explanations, commitment and information provided by the Company for this transaction are authentic, accurate and complete, and there are no false records, misleading statements or major omissions. 2. The information
provided by the Company to the intermediaries that provide professional services such as auditing, evaluation, legal and financial consulting for this
transaction is authentic, accurate and complete original written information or duplicate information, and the duplicate or photocopy of the information is consistent with its original information or original copy; The signatures and seals of all documents are authentic, and the legal procedures required for signing and sealing have been fulfilled and legal authorization has been
obtained; There are no false records, misleading statements or major
omissions. 3. The Company guarantees that it will provide timely information about this transaction in accordance with relevant laws and regulations,
relevant regulations of China Securities Regulatory Commission and
Shenzhen Stock Exchange, ensure the authenticity, accuracy and completeness
Permanently effective
of such information, and guarantee that there are no false records, misleading statements or major omissions. 4. The Company shall bear individual and joint legal responsibilities for the authenticity, accuracy and completeness of the
information provided or disclosed for this exchange. In case of any loss caused to investors due to violation of the above commitments, the Company will bear corresponding liability for compensation according to law.
All directors, supervisors and
senior management personnel of
1. The explanations, commitment and information provided by the Promisee for this transaction are authentic, accurate and complete, and there are no false records, misleading statements or major omissions. 2. The information
provided by the Promisee to the intermediaries that provide professional
services such as auditing, evaluation, legal and financial consulting for this
omissions. 3. The Promisee guarantees that it will provide timely information about this transaction in accordance with relevant laws and regulations,
Shenzhen Stock Exchange, ensure the authenticity, accuracy and completeness of such information, and guarantee that there are no false records, misleading statements or major omissions. 4. If this transaction is suspected of false
records, misleading statements or major omissions in the information provided or disclosed, and is put on file for investigation by judicial organs or by China Securities Regulatory Commission, the transfer of its shares with interests in the listed company will be suspended until the investigation conclusion of the case is obtained. 5. The Promisee shall bear individual and joint legal
responsibilities for the authenticity, accuracy and completeness of the
information provided or disclosed for this exchange. In case of any loss caused to investors due to violation of the above commitments, the Promisee will bear corresponding liability for compensation according to law.
Commitment on filling measures to dilute immediate reward
1. I promise not to transfer benefits to other units or individuals without
compensation or under unfair conditions, nor to damage the interests of the Company by other means. 2. I promise to restrain my job consumption
behavior. 3. I promise not to use the assets of the Company to engage in any
investment and consumption activities unrelated to my duties. 4. I promise that
Expressway the salary system formulated by the Board of Directors or the Remuneration
Committee of Guangdong Expressway will be linked with the implementation of the reward filling measures of Guangdong Expressway. 5. If Guangdong Expressway plans to implement equity incentive, I promise that the exercise
conditions of equity incentive of Guangdong Expressway to be announced will be linked with the implementation of the reward filling measures. 6. In case of any loss caused to Guangdong Expressway or its shareholders due to violation of the above commitments or refusal to perform the above commitments, I will bear corresponding compensation responsibilities according to law.
Commitment on avoiding
horizontal competition
1. The Company and its holding subsidiaries will not use the controlling
shareholder's holding relationship with Guangdong Expressway to conduct business activities that harm the legitimate rights and interests of Guangdong Expressway, its minority shareholders and its holding subsidiaries. 2. The Company and its holding subsidiaries will not use the information obtained from Guangdong Expressway and its holding subsidiaries to engage in the main business competing with Guangdong Expressway or its holding
subsidiaries, and will not engage in any acts or activities that damage or may damage the legitimate rights and interests of Guangdong Expressway, its
minority shareholders and its holding subsidiaries. 3. If the Company and its holding subsidiaries transfer any toll roads, bridges, tunnels and related
ancillary facilities or rights invested or managed by the Company to a
company other than Guangdong Communications Group Co., Ltd. and the company directly or indirectly controlled by it, Guangdong Expressway will be entitled to the preemptive right under the same conditions, unless the
transferee is explicitly designated by the relevant government authorities under the premise permitted by relevant laws and regulations. 4. In the future, if the Company and its holding subsidiaries invest in the construction of
expressways parallel to or in the same direction within 20 km from each side of the expressway controlled by Guangdong Expressway, Guangdong
Expressway will enjoy the priority of investment over Guangdong
Communications Group Co., Ltd. and its directly or indirectly controlled
companies except Guangdong Expressway and its holding subsidiaries, except for the projects whose investment entities are clearly designated by the
relevant government authorities under the premise permitted by relevant laws and regulations.
26,2015
This letter of commitment is valid from the date of signing to the date when the
Expressway is no longer
controlled by the controlling shareholder of Guangdong Expressway
Provincial Freeway
Commitment on maintaining the
The Company will not damage the independence of Guangdong Expressway due to the increase of shares held by the Company after the completion of this
This letter of commitment is
Co.,Ltd. independence of
listed companies
major asset restructuring, and will continue to maintain the principle of
separation from Guangdong Expressway in terms of assets, personnel, finance, organization and business, and strictly abide by the relevant regulations of China Securities Regulatory Commission on the independence of listed
companies, and will not use Guangdong Expressway to provide guarantees, nor occupy Guangdong Expressway funds illegally, so as to maintain and
protect the independence of Guangdong Expressway and protect the legitimate rights and interests of other shareholders of Guangdong Expressway.
valid from the date of signing to the date when the
Commitment on reducing and standardizing related
1. After the completion of this major asset restructuring, the Company and the companies directly or indirectly controlled by the Company and other related parties will try to avoid related transactions with Guangdong Expressway and its holding subsidiaries; Related transactions that are really necessary and unavoidable are carried out in accordance with the principles of fairness,
equity and compensation of equal value. The transaction price is determined at a reasonable price recognized by the market. The transaction approval
procedures and information disclosure obligations are performed in
accordance with relevant laws, regulations and normative documents, and the interests of Guangdong Expressway and its minority shareholders are
effectively protected. 2. The Company guarantees to exercise shareholders' rights and fulfill shareholders' obligations in strict accordance with relevant laws and regulations, rules and normative documents promulgated by China Securities Regulatory Commission, business rules promulgated by Shenzhen Stock Exchange and Articles of Association of Guangdong Provincial
Expressway Development Co., Ltd., and it will not use the controlling position of Guangdong Expressway's controlling shareholders to seek improper
benefits or damage the legitimate rights and interests of Guangdong Expressway and its minority shareholders.
June 26,2015
1. The information involved in the explanations and commitment provided by the Company for this transaction are authentic, accurate and complete, and there are no false records, misleading statements or major omissions. 2. The information provided by the Company to the intermediaries that provide
professional services such as auditing, evaluation, legal and financial
consulting for this transaction is authentic, accurate and complete original
written information or duplicate information, and the duplicate or photocopy of the information is consistent with its original information or original copy; The signatures and seals of all documents are authentic, and the legal
procedures required for signing and sealing have been fulfilled and legal authorization has been obtained; There are no false records, misleading
statements or major omissions. 3. The Company guarantees that it will provide timely information about this transaction in accordance with relevant laws and regulations, relevant regulations of China Securities Regulatory Commission and Shenzhen Stock Exchange, ensure the authenticity, accuracy and
completeness of such information, and guarantee that there are no false records, misleading statements or major omissions.
Communications Group
Commitment on maintaining the independence of listed companies
The Company and the companies directly or indirectly controlled by the
Company except Guangdong Expressway and its holding subsidiaries will not damage the independence of Guangdong Expressway due to the increase in the shares of Guangdong Expressway held by the Company and the companies directly or indirectly controlled by the Company except Guangdong
Expressway and its holding subsidiaries after the completion of this major asset restructuring, and will continue to maintain the principle of separation from Guangdong Expressway in terms of assets, personnel, finance,
organization and business, and strictly abide by the relevant regulations of China Securities Regulatory Commission on the independence of listed
June 18,2015
1. The Company and the companies directly or indirectly controlled by the
Company except Guangdong Expressway and its holding subsidiaries will not use the controlling shareholder's holding relationship with Guangdong
Expressway to conduct business activities that harm the legitimate rights and interests of Guangdong Expressway, its minority shareholders and its holding subsidiaries. 2. The Company and the companies directly or indirectly
controlled by the Company except Guangdong Expressway and its holding subsidiaries will not use the information obtained from Guangdong
Expressway and its holding subsidiaries to engage in the main business
competing with Guangdong Expressway or its holding subsidiaries, and will not engage in any acts or activities that damage or may damage the legitimate rights and interests of Guangdong Expressway, its minority shareholders and
controlled by the controlling shareholder of
its holding subsidiaries. 3. If the Company and other companies directly or indirectly controlled by the Company except Guangdong Expressway and its holding subsidiaries transfer any toll roads, bridges, tunnels and related
ancillary facilities or interests invested or managed by the Company to
companies other than the Company directly or indirectly controlled by the Company, Guangdong Expressway shall be entitled to the preemptive right
under the same conditions, unless the transferee is explicitly designated by the relevant government authorities under the premise permitted by relevant laws and regulations. 4. In the future, if the Company and the companies directly or indirectly controlled by the Company except Guangdong Expressway and its holding subsidiaries invest in the construction of expressways parallel to or in the same direction within 20 km from each side of the expressway controlled by Guangdong Expressway, Guangdong Expressway will be entitled to the priority investment right compared with the Company and the companies
directly or indirectly controlled by the Company except Guangdong
Expressway and its holding subsidiaries, except for the projects whose investment entities are clearly designated by the relevant government
authorities under the premise permitted by relevant laws and regulations.
1. After the completion of this major asset restructuring, the Company and other companies and other related parties directly or indirectly controlled by the Company except Guangdong Expressway and its holding subsidiaries will try to avoid related transactions with Guangdong Expressway and its holding subsidiaries; Related transactions that are really necessary and unavoidable are carried out in accordance with the principles of fairness, equity and
compensation of equal value. The transaction price is determined at a reasonable price recognized by the market. The transaction approval procedures and information disclosure obligations are performed in
Expressway Development Co., Ltd., and it will not use the controlling position of controlling shareholders to seek improper benefits or damage the legitimate rights and interests of Guangdong Expressway and its minority shareholders.
18,2015
obtained; The validity of the originals of each document has not been revoked within its validity period, and such originals are held by their respective legal holders up to now; There are no false records, misleading statements or major omissions. 3. The Company guarantees that if there are false records,
misleading statements or major omissions in the information provided or disclosed for this transaction, which are filed for investigation by judicial
organs or filed for investigation by China Securities Regulatory Commission, before the investigation conclusion is revealed, the Company promises to