Performance report of the audit committee of the board of directors in 2021
In 2021, as a member of the audit committee of Wuxi Chipown Micro-Electronics Limited(688508) (hereinafter referred to as “the company”), we performed our duties and obligations diligently and conscientiously in strict accordance with the relevant provisions and requirements of the standards for corporate governance of listed companies, the Listing Rules of the science and Innovation Board of Shanghai Stock Exchange, the articles of association and the working system of the audit committee of the board of directors, based on the principles of objectivity, impartiality and independence, The work in 2021 is reported to the board of directors as follows:
1、 Basic information of the audit committee of the board of directors
The audit committee of the Fourth Board of directors of the company is composed of Wu Chengzhong, Xu Wei and Zhang Lixin, including 2 independent directors, and the chairman of the audit committee is Wu Chengzhong, an independent director with professional accounting qualification.
The above members have professional knowledge and experience competent for the work of members of the audit committee, and have put forward rich opinions and guidance for the work related to the company’s audit matters.
During the reporting period, the audit committee of the Fourth Board of directors held five meetings.
2、 2021 annual meeting of the audit committee of the board of directors
During the reporting period, the audit committee held five audit committee meetings:
(I) on January 13, 2021, the company held the first meeting of the audit committee of the Fourth Board of directors. The audit committee reviewed and discussed the special report of the internal audit department on monetary fund management, the special report of the internal audit department on human resources and payroll management, the work report of the audit committee of the board of directors (2020) Proposal on the audit work arrangement of the company in 2020 and proposal on the internal audit work plan in 2021.
(II) on March 25, 2021, the company held the second meeting of the audit committee of the Fourth Board of directors. The Audit Committee deliberated and discussed the 2020 annual report and summary, the proposal on the 2020 annual financial statement report, the 2020 performance report of the audit committee of the board of directors, the proposal on profit distribution in 2020, the proposal on the 2020 annual internal control evaluation report Proposal on renewing the appointment of notary Tianye Certified Public Accountants (special general partnership) as the company’s audit institution and proposal on special report on the deposit and actual use of raised funds in 2020.
(III) on April 20, 2021, the company held the third meeting of the audit committee of the Fourth Board of directors. The Audit Committee deliberated and discussed the proposal on the company’s report for the first quarter of 2021.
(IV) on July 30, 2021, the company held the fourth meeting of the audit committee of the Fourth Board of directors. The Audit Committee deliberated and discussed the proposal on the 2021 annual internal audit work plan, the special report of the internal audit department on sales and collection management, the proposal on the 2021 semi annual report and its summary Proposal on the special report on the deposit and use of the company’s raised funds in the first half of 2021 and the work report of the audit committee of the board of directors (the first half of 2021).
(V) on October 20, 2021, the company held the fifth meeting of the audit committee of the Fourth Board of directors. The Audit Committee deliberated and discussed the proposal on the third quarter report of the company in 2021.
3、 Main work contents of the audit committee in 2021
1. Supervise and evaluate the work of external audit institutions
During the reporting period, the audit committee reviewed the audit plan, audit methods, progress and implementation of the audit work of the company’s external audit institutions, and found no other major matters in the audit during the audit.
The audit committee evaluated the audit work during the reporting period and believed that the company’s external audit institutions were able to follow the audit standards and other laws and regulations, abide by professional ethics, earnestly perform the audit responsibilities, and independently, objectively and fairly complete the financial audit work during the reporting period.
2. Review the company’s financial information and its disclosure
During the reporting period, the audit committee carefully considered the company’s financial report and believed that the company’s financial report was true, accurate and complete, there were no fraud, fraud and material misstatement related to the financial report, and fairly reflected the company’s financial situation and operating results.
3. Guide internal audit
During the reporting period, the audit committee of the board of directors carefully reviewed the company’s internal audit work plan and recognized the feasibility of the plan. At the same time, it urged the company’s internal audit institutions to strictly implement the audit plan and put forward guiding opinions on the problems arising from internal audit. After reviewing the internal audit report, no major problems were found in the internal audit.
4. Evaluate the company’s internal control
During the reporting period, the audit committee considered the self-evaluation report on the company’s internal control. The audit committee actively promotes the construction of the company’s internal control system, promotes the development of the company’s internal control system and the implementation of the internal control system, and realizes the company’s compliant operation.
5. Coordinate the communication and work between relevant internal departments and external audit institutions
During the reporting period, the audit committee actively coordinated the communication between the company’s internal and external audit institutions, the communication between the company’s internal audit department and external audit institutions and the cooperation of external audit work, which improved the efficiency of relevant audit work.
4、 Overall evaluation
During the reporting period, the audit committee of the board of directors performed the duties of the audit committee with due diligence in accordance with the operation guidelines of the audit committee of the board of directors of listed companies on Shanghai Stock Exchange and the working system of the audit committee of the board of directors of the company. In 2022, the audit committee of the company will continue to give better play to the important role of the audit committee and safeguard the legitimate rights and interests of the company and all shareholders in accordance with the requirements of relevant laws and regulations.
It is hereby reported.
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