---
title: "DAOMING: Establish a system for accountability for significant errors in annual report information disclosure"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253422167.md"
description: "DAOMING Optical Co., Ltd. has established a system for accountability regarding significant errors in annual report information disclosure to improve the quality of information disclosure. This system applies to the company's directors, senior executives, etc., and clarifies the criteria for identifying significant errors, including financial reports and performance forecasts. The handling of responsible parties is categorized into severe, light, or exempt from handling, with forms of accountability including orders for correction and public criticism. The system will be implemented from the date of approval by the board of directors"
datetime: "2025-08-18T08:51:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253422167.md)
  - [en](https://longbridge.com/en/news/253422167.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253422167.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/253422167.md) | [繁體中文](https://longbridge.com/zh-HK/news/253422167.md)


# DAOMING: Establish a system for accountability for significant errors in annual report information disclosure

DAOMING Optical Co., Ltd. has established this system to improve the level of standardized operations and enhance the quality of information disclosure, in accordance with relevant laws and regulations and the company's articles of association. This system applies to the company's directors, senior executives, and other relevant personnel, adhering to principles such as seeking truth from facts. It clarifies that significant errors in annual report information disclosure include discrepancies in financial reports, other information disclosures, performance forecasts, or quick reports, and specifies the criteria for identification. The handling of responsible parties for errors varies from severe, lenient, or exempt from handling. There are specific identification standards and handling procedures for significant accounting errors in financial reports, and corresponding identification and handling methods for other significant errors in annual report information disclosure. The forms of accountability are diverse, including orders for correction, public criticism, etc., and the system will be implemented from the date of approval by the board of directors

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