Cosco Shipping Development Company Limited(601866)
Year 2021
Internal control audit report
Index page number
Internal control audit report 1-2
ShineWing certified public accountants, Chaoyang men North Street, Dongcheng District, Beijing Tel: + 86 (010) 65542288, 9 / F, block a, Fu Hua Manson,
ShineWing No.8, Chaoyangmen Beidajie,
Dongcheng District, Beijing, fax: + 86 (010) 65547190 certified public accounts 100027, P.R.China facile: + 86 (010) 65547190 internal control audit report
XYZH/2022BJAA130213
Cosco Shipping Development Company Limited(601866) board of directors:
In accordance with the guidelines on audit of internal control of enterprises and the relevant requirements of the practice standards of Chinese certified public accountants, we have audited
Cosco Shipping Development Company Limited(601866) (hereinafter referred to as Cosco Shipping Development Company Limited(601866) company) internal financial report on December 31, 2021
Effectiveness of control.
1、 Responsibility of enterprises for internal control
It is the responsibility of the board of directors of Cosco Shipping Development Company Limited(601866) company to establish, improve and effectively implement internal control and evaluate its effectiveness in accordance with the provisions of the basic norms of enterprise internal control, guidelines for the application of enterprise internal control and guidelines for the evaluation of enterprise internal control.
2、 Responsibilities of Certified Public Accountants
Our responsibility is to express audit opinions on the effectiveness of internal control over financial reporting based on the implementation of audit work, and disclose the significant defects of non-financial reporting internal control noted.
3、 Inherent limitations of internal control
Internal control has inherent limitations, and there is the possibility that misstatement can not be prevented and found. In addition, as changes in circumstances may lead to inappropriate internal control or reduced compliance with control policies and procedures, there is a certain risk to speculate the effectiveness of internal control in the future according to the internal control audit results.
