Zijin Mining Group Company Limited(601899)
Audit and internal control committee of the board of directors
Performance report of 2021
Zijin Mining Group Company Limited(601899) (hereinafter referred to as “the company”) the audit and internal control committee of the board of directors in accordance with the governance standards of listed companies of China Securities Regulatory Commission (hereinafter referred to as “CSRC”) and the operation guidelines of the audit committee of the board of directors of listed companies of Shanghai Stock exchange (hereinafter referred to as “Shanghai Stock Exchange”) The rules for the listing of securities on the stock exchange of Hong Kong Limited (hereinafter referred to as the “Listing Rules”), the stock exchange of Hong Kong Limited (hereinafter referred to as the “Stock Exchange”) and other relevant laws, regulations and normative documents, as well as the articles of association, the detailed rules for the implementation of the audit and internal control committee of the board of directors and other relevant systems, actively and conscientiously perform their duties and perform their duties diligently. The performance of duties in 2021 is reported as follows:
1、 Meeting of audit and internal control committee
In 2021, the audit and internal control committee held 7 on-site meetings, as follows:
No. meeting time meeting content
On March 3, January, the second communication meeting of 2020 annual audit
On March 17, the third communication meeting of 2020 annual audit and the review meeting of 2020 Annual Report
Review the first quarter report of 2021 on March 15
4. On May 27, Ernst & Young reported risk tips and management suggestions
5. Review the semi annual report of 2021 on July 29
6. Review the third quarter report of 2021 on October 13
On December 15, July, the first communication meeting of 2021 annual audit
2、 Supervise and evaluate the work of external audit institutions
1. Before the certified public accountant enters the site, he carefully listened to and reviewed the work plan and relevant materials of Ernst & Young Huaming Certified Public Accountants (hereinafter referred to as “Ernst & Young”) for the annual audit of the company, put forward specific opinions and requirements on the overall objective of the audit, and communicated and negotiated relevant audit arrangements.
2. During Ernst & Young’s audit of the company, the audit and internal control committee shall supervise the audit work, fully communicate and exchange the problems found by Ernst & Young in the audit process, seriously urge Ernst & young to audit with due diligence, and ensure that the audit report is issued on schedule.
3. Require the audit institution to put forward opinions and suggestions to the management on the problems found in the company’s audit, urge the management to implement them, and improve the company’s risk prevention and control ability.
4. The audit and internal control committee believes that Ernst & Young has conscientiously performed its duties and completed the audit work independently, objectively and impartially in providing audit services for the company in 2021, and proposes to renew the appointment of Ernst & young as the audit institution of the company in 2022.
3、 Review the company’s financial reports of each period and issue written audit opinions
After careful review of the company’s financial reports for each period in 2021, it is considered that the preparation of the company’s financial reports for each period complies with the provisions of laws and regulations, the articles of association and the company’s internal management system, the content and format of the report comply with the relevant provisions of China Securities Regulatory Commission, Shanghai Stock Exchange and stock exchange, and the information contained can truly and fairly reflect the company’s financial status, operating results and cash flow for each period in all aspects Accurate and complete, and issued written audit opinions on the company’s financial reports of each period.
Ernst & Young issued an audit report with standard unqualified opinion on the company’s 2021 audit. The audit and internal control committee has no objection to the audit opinion of the company’s 2021 financial report issued by Ernst & young and agrees to submit it to the board of directors of the company for deliberation.
4、 Cooperate with the board of supervisors and relevant functional departments to communicate with external audit institutions
During the reporting period, the audit and internal control committee actively cooperated with the board of supervisors, the supervision and audit office, the planning and finance department and other relevant functional departments of the company to communicate with Ernst & Young on major audit matters, fully listened to and understood the opinions of all parties, and ensured the smooth progress of all audit work.
5、 Evaluate the effectiveness of internal control
The audit and internal control committee has carefully reviewed the 2021 internal control evaluation report prepared by the company and believes that the company has established a relatively perfect corporate governance structure and governance system in accordance with the company law, securities law and other laws and regulations as well as the relevant provisions and requirements of China Securities Regulatory Commission, Shanghai stock exchange and stock exchange, The actual operation of the company’s internal control meets the requirements of the governance norms of listed companies issued by the CSRC. The audit and Internal Control Committee hopes that in combination with the 2021 internal control evaluation report, the company will strengthen the working mechanism arrangement between the Committee and the company’s internal audit organization, constantly optimize and improve the internal control system, standardize the implementation of the internal control system, strengthen the supervision and inspection of internal control, and promote the sustainable and healthy development of the company.
6、 Guide internal audit
During the reporting period, the audit and internal control committee carefully reviewed the company’s annual internal audit work plan and recognized the feasibility of the plan. At the same time, it urged the company’s internal audit organization to implement it in strict accordance with the plan and put forward guiding opinions on the problems arising from internal audit. After reviewing the relevant work materials of internal audit, no major problems are found in the company’s internal audit. 7、 Investigation and research
During the reporting period, the audit and internal control committee listened to the report of the company’s management on the production and operation and major matters, and fully affirmed the completion of the company’s annual production and operation. Members of the audit and internal control committee also went deep into Heilongjiang Duobaoshan Copper Co., Ltd. and Heilongjiang Zijin Copper Co., Ltd. to conduct field research, and participated in the production and operation cost analysis meeting of Ashele copper mine to understand the production and operation, financial system, cost accounting, legal compliance and other conditions of the ownership enterprises.
In 2022, the audit and internal control committee will continue to improve the internal audit and internal control management system, strengthen the supervision and evaluation of external audit and improve the effectiveness of internal control in accordance with the operation guidelines of the audit committee of the board of directors of listed companies of Shanghai Stock Exchange, the Listing Rules of the stock exchange and other relevant laws and regulations, as well as the articles of association and the implementation rules of the audit and internal control committee of the board of directors, At the same time, further strengthen the research on key ownership enterprises to ensure the sustainable and healthy development of the company.
Zijin Mining Group Company Limited(601899) board of directors audit and internal control committee March 18, 2022
