China International Capital Corporation Limited(601995)
Performance report of the audit committee of the board of directors in 2021
In 2021 (hereinafter referred to as the "reporting period"), China International Capital Corporation Limited(601995) (hereinafter referred to as "the company"), the audit committee of the board of directors (hereinafter referred to as "the audit committee") strictly follows the regulatory rules such as the governance standards for listed companies, the governance standards for securities companies, the China International Capital Corporation Limited(601995) articles of Association (hereinafter referred to as "the articles of association"), the working rules of the audit committee of the board of directors (hereinafter referred to as "the working rules of the audit committee") and other internal systems, Perform duties faithfully and diligently. The performance of the audit committee in 2021 is reported as follows:
1、 Basic information of the audit committee
As of the end of the reporting period, the audit committee was composed of four directors: Mr. Xiao Weiqiang, Mr. Zhu Hailin, Mr. Liu Li and Mr. Ben Shenglin. Among them, Mr. Xiao Weiqiang, Mr. Liu Li and Mr. Ben Shenglin are independent non-executive directors, and the number of independent non-executive directors accounts for more than half of the total number of members of the audit committee.
All members of the audit committee have professional knowledge and work experience that can be competent for the duties of the audit committee. Among them, Mr. Xiao Weiqiang, the chairman, is an accounting professional and serves as the convener and host of the audit committee. The composition of the audit committee meets the regulatory requirements and the provisions of the articles of association and other relevant documents. The main work experience and professional background of the members of the audit committee are detailed in the company's annual report 2021.
2、 Meetings held
During the reporting period, the audit committee gave full play to its role of review and supervision in accordance with the requirements of relevant laws and regulations, and worked diligently, playing an important role in improving corporate governance and improving the quality of internal and external audit. During the reporting period, the audit committee held 5 meetings. The details of the meetings are as follows:
Date of convening meeting contents of resolutions of the session
1. Proposal on 2020 annual report;
2. Proposal on "2020 annual audit report";
3. Proposal on renewing the appointment of accounting firms;
For the first time in 2021 Proposal on withdrawing provision for asset impairment;
2021 / 3 / 25 meeting 5 Proposal on internal control evaluation report in 2020;
6. Proposal on the report on the effectiveness evaluation of internal control, comprehensive risk management, compliance management and information technology management in 2020;
7. Proposal on the special report on the deposit and actual use of raised funds in 2020;
Date of convening meeting contents of resolutions of the session
8. Proposal on anti money laundering audit report in 2020;
9. Proposal on the 2020 work report of the internal audit department;
10. Proposal on the 2020 performance report of the audit committee of the board of directors.
2021 / 4 / 28 the second time in 2021 1 1 Proposal on the report of the first quarter of 2021;
Meeting 2 Proposal on the review plan of 2021 interim financial statements.
2021 / 8 / 20 the third time in 2021 1 1 Proposal on the 2021 semi annual report.
meeting
2021 / 8 / 27 the fourth time in 2021 1 1 Proposal on the 2021 semi annual report.
meeting
The fifth time in 2021 Proposal on the third quarter report of 2021;
2021 / 10 / 26 meeting 2 Proposal on "2021 annual audit plan";
3. Proposal on the 2022 annual work plan of the internal audit department.
During the reporting period, members of the audit committee actively participated in the meeting, and the attendance is as follows:
Name position held by the board of directors and the audit committee number of attendance / actual attendance
Xiao Weiqiang, independent non-executive director and chairman of the Audit Committee 5 / 5
Zhu Hailin 1 non executive director and member of the audit committee 1 / 1
Liu Li, independent non-executive director and member of the Audit Committee 5 / 5
Ben Shenglin independent non-executive director and member of the Audit Committee 5 / 5
Xiong Lianhua 2 non executive director and member of the audit committee 0 / 0
Note: 1. Mr. Zhu Hailin has served as a non-executive director and a member of the Audit Committee since September 28, 2021;
2. Ms. Xiong Lianhua has resigned as a non-executive director and a member of the audit committee, with effect from January 14, 2021.
3、 Performance of duties and key concerns
(I) pay attention to the arrangement and progress of annual audit
Annual audit is the focus of the audit committee. Before the annual audit, the audit committee and the working department shall review the audit plan submitted by the external audit institutions, communicate with the auditors, audit scope, time arrangement, audit strategies and methods, main concerns and key audit matters, and listen to the statement of the auditor's independence. During the annual audit, the audit committee supervises the audit progress, listens to the report of external audit institutions on the summary of audit work, communicates and exchanges on key audit matters such as the determination of the fair value of financial instruments measured at the third level, the merger of structured entities, as well as the key areas of audit concern and their audit response, and reviews and expresses opinions on the audit results.
(II) review of financial reports
During the reporting period, the audit committee reviewed the financial information in the company's reports for the first quarter, half year and third quarter of 2020 and 2021. After review, the Audit Committee believes that the preparation of the relevant financial reports of the company complies with the provisions of the accounting standards for business enterprises and other regulations, truly, accurately and completely reflects the financial status and operation of the company, and agrees to submit them to the board of directors for deliberation and disclosure.
(III) supervise and evaluate the work of external audit institutions
During the reporting period, the Audit Committee deliberated and approved the proposal on renewing the appointment of accounting firms, agreed to renew the appointment of Deloitte Touche Tohmatsu (special general partnership) and Deloitte guanhuang Chenfang as the domestic and overseas accounting firms of the company in 2021, and agreed to renew the appointment of Deloitte Touche Tohmatsu (special general partnership) as the internal control audit institution of the company in 2021, The renewal period is 1 year.
After review, the Audit Committee believes that Deloitte Touche Tohmatsu (special general partnership) and Deloitte guanhuang Chenfang certified public accountants have due professional competence, investor protection ability, independence and good integrity, agree to renew their employment and agree to submit them to the board of directors for deliberation.
During the reporting period, the audit committee also listened to the report of the external auditor on the implementation results of the agreed procedures for the financial statements of the first quarter and the third quarter of 2021, and communicated with the external auditor on the review of the interim financial statements of 2021. The focus of the report and communication included the summary of relevant procedures, work findings, staffing, etc.
(IV) supervise and guide the internal audit work
During the reporting period, the Audit Committee attached great importance to the internal audit work, gave full play to its professional role, reviewed the 2022 work plan of the internal audit department, listened to the work report of the internal audit department regularly and supervised the implementation of the internal audit work plan, so as to play a positive role in further improving the internal audit level of the company.
(V) evaluate the effectiveness of internal control
During the reporting period, the audit committee considered the proposal on the evaluation report on internal control in 2020 and the proposal on the evaluation report on the effectiveness of internal control, comprehensive risk management, compliance management and information technology management in 2020, and listened to the arrangement and progress of the evaluation on the effectiveness of the company's internal control, comprehensive risk management, compliance management and information technology management in 2021, Review and evaluate the effectiveness of the company's internal control, and urge to improve the internal control system.
4、 Overall evaluation
During the reporting period, the audit committee strictly abided by the regulatory rules such as the standards for the governance of listed companies, the standards for the governance of securities companies and the relevant provisions of the internal systems such as the articles of association and the working rules of the audit committee, and performed its duties in accordance with the law, honesty and trustworthiness, diligence and diligence, which played an important and positive role in further improving the standard operation level of the company and the quality of internal and external audit.
China International Capital Corporation Limited(601995) board of directors audit committee March 30, 2022
