Zhangjiagang Guangda Special Material Co.Ltd(688186)
Performance report of the audit committee of the board of directors in 2021
The audit committee of the board of directors of the company has conscientiously performed relevant duties in accordance with the guidelines for self-discipline supervision of companies listed on the science and Innovation Board of Shanghai Stock Exchange No. 1 - standardized operation, the governance standards of listed companies, the Listing Rules of the science and Innovation Board of Shanghai Stock Exchange, and the relevant provisions of the articles of association and the detailed rules for the implementation of the audit committee. The performance of the audit committee in 2021 is reported as follows:
1、 Basic information of the audit committee of the board of directors
On January 8, 2021, the board of directors of the company completed the general election and elected independent director Wang Jian, independent director Pang Xiaonan and director Xu Weiming as members of the audit committee of the second board of directors of the company, of which the chairman is Wang Jian, an accounting professional.
2、 Meetings of the audit committee
During the reporting period, the audit committee of the second board of directors of the company held four meetings, namely:
(1) On March 12, 2021, the first meeting of the audit committee of the second board of directors in 2021 was held, and the proposals such as the 2020 annual report and summary, the 2020 profit distribution plan, the 2020 financial statement report, and the proposal on renewing the appointment of the 2021 audit institution were considered and adopted.
(2) On April 10, 2021, the second meeting of the audit committee of the second board of directors was held, and the report of the first quarter of 2021 was considered and adopted.
(3) On August 6, 2021, the third meeting of the audit committee of the second board of directors in 2021 was held, and the proposal on the 2021 semi annual report and summary was considered and adopted
(4) On October 22, 2021, the third meeting of the audit committee of the second board of directors was held, and the third quarter report of 2021 was considered and adopted.
3、 Relevant work of the audit committee
(I) supervise and evaluate the work of external audit institutions
1. Evaluate the independence and professionalism of external audit institutions
The audit institution Tianjian Certified Public Accountants (special general partnership) (hereinafter referred to as "Tianjian certified public accountants") employed by the company is an accounting firm that complies with the provisions of the securities law. It can follow the independent, objective and impartial professional standards and better complete the work entrusted by the company. The personnel of Tianjian office participating in the annual audit have the professional knowledge and relevant practice certificates required for the implementation of the audit. During the audit process, they are serious and responsible, maintain due attention and professional prudence, and are competent for the audit work of the company.
2. Propose to the board of directors to hire an external audit institution
Based on the comprehensive evaluation of the audit work of the external audit institution, the Audit Committee believes that Tianjian firm can meet the requirements of the company's annual financial audit, and proposes to the board of directors to reappoint Tianjian firm as the company's audit institution in 2021.
3. Discuss and communicate with external audit institutions on audit scope, audit plan, audit methods and major matters found in the audit.
During the reporting period, we fully discussed and communicated with Tianjian firm on audit scope, audit plan, audit methods and other matters, and no other major matters were found during the audit.
4. Monitor and evaluate the diligence of external audit institutions
We believe that Tianjian firm was diligent and conscientious during the audit of the company and followed the professional standards of independence, objectivity and impartiality.
(II) guide internal audit
During the reporting period, we carefully reviewed the company's internal audit work plan and internal audit work report, recognized the feasibility of the plan, urged the company's internal audit organization to implement it in strict accordance with the audit plan, put forward guiding opinions on the problems of internal audit, and improved the effectiveness of the company's internal audit.
(III) review the company's financial report and express opinions on it
During the reporting period, we carefully reviewed the company's financial report and believed that the company's financial report was true, complete and accurate, there were no relevant fraud, fraud and material misstatement, and there were no major accounting error adjustment, major accounting policy and estimation changes and events leading to non-standard unqualified audit report.
(IV) coordinate the communication between the management, internal audit department and relevant departments and external audit institutions
During the reporting period, in order to better enable the management, internal audit department and relevant departments to fully and effectively communicate with Tianjian firm, we actively coordinated the relevant work of annual audit and internal control after listening to the opinions of both parties, so as to ensure the smooth implementation of the audit of financial report and internal control evaluation report.
4、 Overall evaluation
During the reporting period, the audit committee of the board of directors of the company scrupulously performed its duties and responsibilities in accordance with the guidelines for self discipline supervision of companies listed on the science and Innovation Board of Shanghai Stock Exchange No. 1 - standardized operation, the detailed rules for the implementation of the audit committee and other relevant provisions, and better performed the duties of the audit committee. In the future, we will continue to strengthen communication with the board of directors, the board of supervisors and the management of the company, carefully supervise and guide the internal and external audit of the company, and give better play to the important role of the audit committee.
It is hereby reported.
Zhangjiagang Guangda Special Material Co.Ltd(688186) board of directors audit committee March 18, 2022
