Datang International Power Generation Co.Ltd(601991) board of directors audit committee
2021 annual performance report
As Datang International Power Generation Co.Ltd(601991) current member of the audit committee, the report on the work of 2021 is as follows:
1、 Composition and working mechanism of audit committee
The audit committee is now composed of five directors, including three independent directors, more than half of them. The audit committee shall have a convener, who shall be the independent director of the company and preside over the work of the audit committee.
The audit committee is a special working organization established by the board of directors, which is mainly responsible for the communication, supervision and verification of internal and external audit of the company. Through prior audit and professional audit, ensure the effective supervision of the board of directors over the management and promote the improvement of the company’s governance structure. The Secretary of the board of directors is responsible for daily work liaison and meeting organization.
2、 Meeting of the audit committee
In 2021, the audit committee of the board of directors of the company held 3 meetings. The meetings were as follows:
1. On March 25, 2021, the audit committee held its first meeting in 2021, organized the members of the audit committee, independent directors and supervisors to communicate with the company’s audit institutions on the company’s audit work in 2020, fully discussed the implementation, audit focus and content of the audit work in 2020, and determined the audit work plan and audit focus in 2021. At the meeting, six proposals including the 2020 internal control evaluation report and audit report, the 2020 internal audit work report and the 2020 performance report of the audit committee were considered and adopted.
2. On July 5, 2021, the audit committee held the second meeting in 2021 and considered the proposal on employing internal control audit accounting firm in 2021.
3. On August 26, 2021, the audit committee held the third meeting in 2021, considered and approved the proposal of Tianzhi International Certified Public Accountants (special general partnership) on the interim performance report of the company in 2021 and the special report on the deposit and actual use of raised funds in the half year of 2021.
3、 Work in the reporting period
1. Review the company’s annual audit work plan and implementation, and negotiate with the accounting firm to determine the audit matters related to the annual financial report;
2. Supervise the disclosure of the company’s financial information;
3. Review and urge the company’s internal control construction;
4. Communicate with the company’s annual audit accountant on the problems found in the audit process; 5. Summarize the annual audit work of the accounting firm;
6. Express opinions on the employment of accounting firms in 2021;
7. Review the deposit and actual use of the company’s raised funds;
8. Guide the internal audit work, review the company’s internal audit work plan, and urge the implementation of the internal audit plan.
4、 Audit opinions of the Audit Committee on relevant matters of the company
During the reporting period, the audit committee reviewed the company’s performance and audit work, and communicated with the management on the work reported by the accountants. The audit committee recommended: attach great importance to the risk problems and improvement suggestions put forward by the accountants, further strengthen corporate governance and ensure the high-quality development of the company; Strengthen the management of related party transactions to avoid violations; Continuously strengthen the internal control work, attach great importance to the problems found in the internal control evaluation, and take effective measures to improve them; Continue to pay close attention to the audit work, further improve the audit organization, innovate the audit mode and strengthen the audit application, give full play to the important role of audit in corporate governance, and escort the healthy and sustainable development of the company.
5、 Overall evaluation
In 2021, the members of the audit committee performed the duties of the audit committee diligently and faithfully in accordance with the guidelines for the operation of the audit committee of the board of directors of listed companies and the company’s detailed rules for the work of the audit committee.
Datang International Power Generation Co.Ltd(601991) board of directors
Audit Committee
March 29, 2022
