The significance of the annual report is to let users know more about the company's operation in the past year.
The annual report shall include: basic information of the company, summary of accounting data and operating data, changes in share capital and shareholder information, information of directors, supervisors, senior managers and employees, corporate governance structure, information of shareholders' meeting, report of the board of directors, report of the board of supervisors, report of important events and list of reference documents for financial reports.
Personally, for investors, the core of the annual report is the financial report.
The following are the requirements of the CSRC for the 2009 annual report of listed companies published on the Oriental Fortune website:
According to the announcement of CSRC on doing a good job in the annual report of listed companies in 2009 and related work, listed companies should strengthen their awareness of information disclosure responsibility and disclose the establishment of the accountability system for major errors in information disclosure in the annual report in the "corporate governance structure" section.
At the same time, listed companies should, in accordance with the relevant requirements of special corporate governance activities, effectively rectify governance issues, consolidate the achievements of special corporate governance activities, improve the governance structure and improve the standard operation level. The CSRC requires listed companies to strengthen the disclosure of the implementation of the insider management system to prevent short-term trading of company shares during the sensitive period and within six months.
In order to prevent illegal activities such as capital occupation, the CSRC requires listed companies to fully disclose the amount of capital occupation, reasons for occupation, repayment amount, ending balance, expected repayment method and repayment time in the "important matters" section of the annual report. At the same time, the company shall disclose the special audit opinions of the annual auditors on the capital occupation.
The CSRC specifically mentioned that GEM listed companies should focus on disclosing their core values, risks and the use of raised funds, and truthfully disclose their core competitiveness and its important changes, its impact on the company, R&D expenditures, changes in intangible assets and major influencing factors; Fully reveal the company's risks, fully disclose all kinds of risk factors, changes in core technical teams or key technical personnel that may adversely affect the company's future development strategy and business objectives, and strengthen the warning of delisting risks; Strengthen the disclosure of its investment and the use of raised funds, and disclose the use of its financial assets and over-raised funds.