Foshan Haitian Flavouring And Food Company Ltd(603288)
Performance report of the audit committee of the board of directors in 2021
Dear directors
Foshan Haitian Flavouring And Food Company Ltd(603288) (hereinafter referred to as “the company”) the audit committee of the board of directors has performed due diligence and actively carried out its work in accordance with the relevant provisions of the governance standards for listed companies, the Listing Rules of Shanghai Stock Exchange, the articles of association and the rules of procedure of the audit committee of the board of directors of the company. The performance of the audit committee in 2021 is reported as follows:
1、 Basic information of the audit committee of the board of directors
The audit committee of the board of directors of the company is composed of four directors, including two independent directors. The convener of the committee is Zhu Tao, an independent director with professional accounting qualification. During the reporting period, the members of the audit committee of the board of directors of the company remained unchanged, including Zhu Tao, Pang Kang, Cheng Xue and Chao gang.
2、 Meetings of the audit committee of the board of directors
During the reporting period, the audit committee of the board of directors of the company held four meetings, as follows:
1. On March 30, 2021, the fifth meeting of the audit committee of the Fourth Board of directors was held, which deliberated and adopted the 2020 performance report of the audit committee, the full text and summary of the company’s 2020 annual report, the company’s 2020 financial final account report, the company’s 2021 financial budget report, the company’s 2020 financial statements, the proposal on the renewal of the company’s 2021 audit institution, the company’s 2020 internal control evaluation report Summary statement of non operating fund occupation and other related capital transactions of the company in 2020, proposal on the company’s change of accounting policy and daily related party transaction plan in 2021, etc. Agree to submit the above proposal to the 12th meeting of the 4th board of directors for deliberation.
2. On April 29, 2021, the sixth meeting of the audit committee of the Fourth Board of directors was held, at which the first quarter report of 2021 and the financial statements of the company in the first quarter of 2021 were considered and adopted. Agree to submit the above proposal to the 13th meeting of the Fourth Board of directors for deliberation.
3. On August 30, 2021, the company’s seventh and semi annual board of directors reviewed and approved the company’s financial statements and other reports. Agree to submit the above proposal to the 17th meeting of the Fourth Board of directors for deliberation
4. On October 29, 2021, the eighth meeting of the audit committee of the Fourth Board of directors was held, at which the full text and summary of the company’s report for the third quarter of 2021 were reviewed and adopted. Agree to submit the above proposal to the 19th meeting of the Fourth Board of directors for deliberation
3、 Performance of relevant work of the audit committee of the board of directors of the company
1. Supervise and evaluate the work of external audit institutions
During the reporting period, the audit committee of the board of directors of the company evaluated the independence and professionalism of the external audit institution, and supervised and evaluated the audit of its financial report in 2020. It is considered that KPMG Huazhen Certified Public Accountants (special general partnership) strictly abides by the provisions of the auditing standards for Chinese certified public accountants and performs its duties rigorously, objectively, fairly and independently in providing audit services for the company, Reflects a good professional standard and professional ethics, and can realistically express relevant audit opinions. Therefore, the audit committee recommends that the board of directors of the company renew the appointment of KPMG Huazhen Certified Public Accountants (special general partnership) as the external auditor of the company in 2021.
2. Review and comment on the company’s financial report
During the reporting period, the audit committee of the board of directors of the company carefully reviewed the financial and accounting statements prepared by the company and believed that the basis of the company’s financial statements was sufficient, the accounting records were true, credible and complete, and there were no major accounting error adjustment, major accounting policy and evaluation changes, matters involving important accounting judgments and matters leading to non-standard unqualified audit reports.
3. Evaluate the effectiveness of internal control
The audit committee of the company’s board of directors gave full play to the role of professional committees and actively promoted the construction of the company’s internal control system. During the reporting period, the audit committee of the company’s board of directors reviewed the company’s internal control self-evaluation report and the internal control audit report issued by the external audit institution, and believed that the report basically reflected the company’s internal control and there were no major defects and important defects.
4. Coordinate the effectiveness of audit work
During the reporting period, on the basis of fully listening to the opinions of all parties, the audit committee of the board of directors actively coordinated the communication between the company’s management 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 of the company performed the duties of the audit committee diligently and conscientiously in accordance with the articles of association and the rules of procedure of the audit committee of the board of directors of the company. It is hereby reported. Members of the Audit Committee: Zhu Tao, Pang Kang, Cheng Xue, Chao Gang
Foshan Haitian Flavouring And Food Company Ltd(603288) board of directors audit committee March 24, 2022
