Beijing Aerospace Changfeng Co.Ltd(600855)
Report on the work of the audit committee of the board of directors in 2021
In 2021, in accordance with the standards for the governance of listed companies issued by the CSRC, the guidelines for the operation of the audit committee of the board of directors of listed companies on the Shanghai Stock Exchange, the stock listing rules of the Shanghai Stock Exchange, the articles of association, the rules of procedure of the audit Committee of the board of directors, the working procedures of the annual report of the audit committee and other relevant provisions, as well as the rights and obligations conferred by the board of directors, Beijing Aerospace Changfeng Co.Ltd(600855) (hereinafter referred to as "the company") the audit committee of the board of directors has conscientiously performed its audit supervision duties based on the principle of diligence. The report on the work of the company's audit committee in 2021 is as follows:
1、 Basic information of the audit committee
The audit committee of the board of directors of the company is composed of 5 directors, of which 3 are independent directors. The chairman is an independent director with professional accounting knowledge.
2、 Meetings of the audit committee
During the reporting period, the audit committee of the board of directors held five meetings to review the audit of the company's annual report, the renewal of the accounting firm in 2021, periodic reports, expected daily related party transactions, internal audit, internal control and other matters.
3、 Performance of the audit committee of the board of directors in 2021
During the reporting period, the audit committee of the board of directors of the company performed the functions of the audit committee with due diligence, reasonably expressed professional opinions on relevant matters, and performed the following duties:
(I) review the annual financial report
During the reporting period, the audit committee of the board of directors of the company performed its duties in strict accordance with the regulations of the annual report of the audit committee of the company:
1. Carefully reviewed the company's 2020 audit work plan and relevant materials, communicated with the certified public accountants of Zhitong accounting firm (special general partnership) responsible for the company's annual audit, and confirmed the schedule of the company's 2020 financial report audit.
2. Before the annual audit, the certified public accountant carefully reviewed the financial statements preliminarily prepared by the company, agreed to submit the company's 2020 financial statements to Grant Thornton Certified Public Accountants (special general partnership) for audit, and agreed to Grant Thornton Certified Public Accountants (special general partnership)'s audit plan and audit focus on the company's 2020 annual statements.
3. After the company's annual audit certified public accountant issued the preliminary audit opinion, the audit committee reviewed the company's 2020 annual financial statements again and considered that the company's 2020 annual financial report met the requirements of the accounting standards for business enterprises, and the financial data truly, accurately, objectively and fairly reflected the company's financial position, operating results and cash flow in 2020, Agree to submit the company's 2020 annual audit report issued by Zhitong Certified Public Accountants (special general partnership) to the board of directors for deliberation.
(II) supervise and evaluate the work of external audit institutions
1. Assess the independence and professionalism of external audit institutions;
2. Audit the audit fees of external audit institutions;
3. Discuss and communicate with external audit institutions on audit scope, audit plan, audit methods and major matters found in the audit;
4. Monitor and evaluate the diligence of external audit institutions.
It is believed that the financial report audit institution Zhitong accounting firm (special general partnership) hired by the company can abide by relevant national laws and regulations, provide high-quality audit services for the company independently, objectively and fairly, better complete various audit related work of the company and earnestly perform the responsibilities of the audit institution.
5. Appointment of accounting firm
Through reviewing and making professional judgment on the professional qualification, investor protection ability, employee information, business experience and integrity records of Grant Thornton Certified Public Accountants (special general partnership), the Audit Committee believes that Grant Thornton Certified Public Accountants (special general partnership) has the professional qualification and ability to be competent for the annual audit of the company and has earnestly performed the duties of the audit institution during its tenure as the audit institution of the company, It provides the company with better audit services and can meet the company's requirements for audit institutions in terms of independence, professional competence and investor protection ability. In order to maintain the continuity of the company's financial report audit, the audit committee of the board of Directors proposes to renew the appointment of Grant Thornton Certified Public Accountants (special general partnership) as the company's audit institution in 2021.
6. Review related party transactions
The audit committee has reviewed the implementation and prediction of daily related party transactions. After careful review, we believe that the company expects daily related party transactions in 2021 to meet the business development needs in the process of production and operation. The pricing of related party transactions is based on the market price, reflecting the principles of fairness, impartiality and rationality. This related party transaction of the company complies with the provisions of relevant laws and regulations and will not damage the company The legitimate rights and interests of unrelated shareholders and the majority of minority shareholders.
(III) guide internal audit
During the reporting period, the audit committee carefully reviewed the company's internal audit work plan and recognized the feasibility of the plan. At the same time, it urged the company's internal audit institutions to strictly implement the audit plan and put forward guiding opinions on the problems arising from internal audit. After reviewing the internal audit work report, no major problems were found in the internal audit work.
(IV) evaluate the effectiveness of internal control
During the reporting period, the audit committee of the board of directors supervised and made suggestions on the establishment, revision and implementation of the company's internal control, and considered the 2020 self-evaluation report on the company's internal control and the 2020 audit report on the company's internal control. The audit committee evaluated the appropriateness of the design of the company's internal control system and urged the rectification of the company's internal control defects. The company's internal control shall adapt to the company's scale, business scope, competition and risk level, and shall be adjusted in time with the changes of the business environment and the company's business. The company has established internal control over the businesses and matters included in the evaluation scope, which has been effectively implemented, achieved the goal of the company's internal control, and there are no major defects.
4、 Overall evaluation
During the reporting period, the audit committee of the board of directors of the company conscientiously complied with the operation guidelines of the audit committee of the board of directors of listed companies on Shanghai Stock Exchange, the articles of association, the working rules of the audit committee of the board of directors of the company and other relevant provisions, and performed relevant duties diligently and scrupulously.
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(there is no text on this page, which is the signature page of the work report of the audit committee of the board of directors in Beijing Aerospace Changfeng Co.Ltd(600855) 2021)
Signature of member: Yue Cheng
Ben zhe Wang
Hui Rutai
Chen Guangcai
He Jianping
Beijing Aerospace Changfeng Co.Ltd(600855)
Audit Committee of the board of directors
March 30, 2022
