Industrial Bank Co.Ltd(601166)
Performance report of the audit and related party transaction control committee of the board of directors in 2021. In 2021, the change of the board of directors was successfully completed. The new audit and related party transaction control committee of the board of directors was composed of five directors, including three independent directors (including one female director), one executive director and one non-executive director. More than half of the directors with financial and financial professional background, as well as green finance Experts in science, technology and finance, as well as the experience and resume of relevant units engaged in senior management, provide an important guarantee for promoting the independent and effective performance of duties of the Committee. In accordance with the relevant provisions of regulatory regulations, the articles of association of the bank and the working rules of the committee, the audit and connected transaction control committee of the board of directors independently performed its duties and assisted the board of directors in making scientific decisions. A total of 6 meetings were held throughout the year to consider and listen to 28 topics. 1、 Guide the accounting firm to complete the audit and review. Actively strengthen communication and interaction with KPMG Huazhen accounting firm, review and determine the accounting firm's plans for 2020 audit, 2021 semi annual report review and 2021 financial audit and internal control audit in combination with the bank's development strategy, require the accounting firm to complete legal audit services with high quality, and give full play to the role of independent third-party intermediary, Timely remind the Bank of the risk points and important risk matters that need to be focused on, and report to the Committee at the first time, so as to provide more professional advice and suggestions for the bank and its subsidiaries to improve management and promote the better development of the group's business.
2、 Review periodic reports and financial budget plans in advance. Before the board meeting, we carefully considered the fourth periodic report and the 2021 financial budget plan, fully affirmed the bank's operating performance, considered that the bank's operating performance was stable and its market position was stable, requested the management to continue to pay attention to the risk of Thunderstorm in large enterprise groups and make a good prediction, and suggested the management to strengthen the training of the management team of subsidiaries and continuously improve the basic management level of the group as a whole.
3、 Strengthen the guidance of internal audit and internal control. Carefully considered the reports on internal control evaluation, internal audit project plan and internal audit work, stressed that the internal audit department has great responsibility and should steadily promote team construction, proposed to strengthen the benign flow of cadres between business lines and internal audit, and required the bank to do targeted risk investigation and improve the internal control mechanism in combination with hot events in the capital market and banking industry. Listen to the reports on the rectification of the bank's regulatory notification and the rectification of internal control audit defects by the regulatory authorities, and require to make full use of the results of external regulatory inspection, properly solve the problems existing in operation, and continuously improve the bank's compliance and internal control level. 4、 Independently select some topics to conduct research at the grass-roots level
According to the feedback from internal and external audit and regulatory notification, the Committee independently determined two topics, and jointly conducted in-depth research with some members of the board of supervisors to understand the operation of relevant institutions, and put forward relevant opinions and suggestions. First, carry out special research on Societe Generale trust. It is suggested to clarify the target positioning of Societe Generale trust in the group and provide guidance for Societe Generale trust to realize transformation and form core competitiveness as soon as possible. Second, carry out special research on the head office's Credit Card Center and actively make suggestions and suggestions on further improving the refinement level of credit card business. The chairman reported the above investigation to the board of directors and senior management at the meeting of the board of directors, and the management paid attention to it.
5、 Standardize and implement the management of related party transactions. We will continue to audit the compliance of the bank's internal and external related party transactions in strict accordance with the relevant regulations and rules. First, we reviewed the report on connected transactions in 2020 and required the bank to continuously strengthen the fairness and compliance review of connected transactions to ensure the compliance of connected transactions. Second, perform the duty of prior review of major related party transactions, review the amount of related party transactions granted to some major shareholders, and require the bank to regularly report and update the related party transactions with major related parties to the committee, so as to ensure that the transactions between the bank and related parties are compliant, safe and fair, there is no transfer of interests, and in line with the market conditions and principles. Third, regularly review the bank's related party information to ensure the compliance of related party and related transaction management.
