Performance report of the audit committee in 2021
Zhejiang Dayuan Pumps Industry Co.Ltd(603757)
Performance report of the audit committee of the board of directors in 2021
In 2021, the audit committee of the board of directors of Zhejiang Dayuan Pumps Industry Co.Ltd(603757) (hereinafter referred to as ” Zhejiang Dayuan Pumps Industry Co.Ltd(603757) ” or “the company”) performed its duties in strict accordance with the working rules of the audit committee of the board of directors of Zhejiang Dayuan Pumps Industry Co.Ltd(603757) “in accordance with the principle of diligence and responsibility in accordance with the relevant provisions of the guidelines for self regulation of listed companies of Shanghai Stock Exchange No. 1 – standardized operation and the standards for the governance of listed companies. The performance of the audit committee in 2021 is reported as follows:
1、 Basic information of the audit committee
Zhejiang Dayuan Pumps Industry Co.Ltd(603757) the audit committee under the second board of directors is composed of Mr. Yi Yanxin, Mr. Zhang wusheng and Mr. Wang Guoliang. Among them, Mr. Yi Yanxin and Mr. Zhang wusheng are independent directors, and the chairman (convener) of the committee is an independent director with professional accounting qualification, Mr. Yi Yanxin.
On June 9, 2021, the company held the first extraordinary general meeting of shareholders in 2021 and elected all directors of the third board of directors. On June 15, 2021, the first meeting of the third board of directors of the company deliberated and adopted the proposal on the election of members of the special committee of the third board of directors. The audit committee of the third board of directors of the company is composed of independent director Ms. LV jiuqin, independent director Mr. Ma Guixiang and non independent director Mr. Wang Guoliang, of which the chairman is Ms. LV jiuqin, an independent director with professional accounting qualification.
2、 Meetings of the audit committee
During the reporting period, the audit committee of Zhejiang Dayuan Pumps Industry Co.Ltd(603757) board of directors held 6 meetings on April 14, 2021, April 26, 2021, June 15, 2021, August 29, 2021, October 21, 2021 and October 28, 2021 (including 4 regular meetings throughout the year), and considered 14 proposals in total. All members personally attended all the above six meetings by means of communication or on-site participation, and carefully considered and expressed relevant opinions on the company’s financial report, internal control, business plan, renewal of external audit institution, daily connected transactions, use and management of raised funds, etc.
3、 Performance of the audit committee
(I) supervise and evaluate the work of external audit institutions
Performance report of the audit committee in 2021
During the audit of the company’s annual report, the company’s audit committee and Lixin certified public accountants fully discussed and communicated the audit scope, audit plan, audit methods and major matters found in the audit, and urged the certified public accountants to be diligent and responsible and issue the audit report on schedule.
By carefully evaluating the independence and professionalism of the external audit institution, the board of directors was proposed to renew the appointment of Lixin Certified Public Accountants (special general cooperation) as the audit institution of the company in 2021 during the reporting period.
(II) guide internal audit
During the reporting period, we carefully reviewed the company’s internal audit work plan and recognized the feasibility of the plan. At the same time, we 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 report, we found no major problems in the internal audit.
(III) review the financial reports of listed companies and express opinions on them
During the reporting period, the audit committee carefully reviewed the financial reports of listed companies and paid special attention to the authenticity, completeness and accuracy of the financial reports and whether they were prepared in accordance with the accounting standards for business enterprises and the relevant financial systems of the company, so as to ensure the legality and compliance of the preparation and disclosure of the financial reports of listed companies.
(IV) evaluate the effectiveness of internal control
The company has established a relatively perfect corporate governance structure and governance system in accordance with the company law, securities law and other laws and regulations and the requirements of the relevant provisions of the CSRC and Shanghai Stock Exchange. During the reporting period, the company strictly implemented various laws, regulations, rules, articles of association and internal management systems, and standardized the operation of the general meeting of shareholders, the board of directors, the board of supervisors and the management, effectively protecting the legitimate rights and interests of the company and shareholders. Therefore, we believe that the actual operation of the company’s internal control meets the requirements of the governance norms of listed companies issued by the CSRC.
(V) coordinate the communication between the management, internal audit department and relevant departments and external audit institutions
During the reporting period, on the basis of fully listening to the opinions of all parties, the audit committee of the company actively coordinated the communication between the company’s management and the external audit institutions, the communication between the company’s internal audit department and relevant departments and the external audit institutions, and urged the relevant internal departments to cooperate with the external audit work, which improved the efficiency of relevant audit work.
Performance report of the audit committee in 2021
4、 Overall evaluation
During the reporting period, the audit committee, in accordance with the relevant provisions of the operation guidelines of the audit committee of the board of directors of listed companies on Shanghai Stock Exchange and the working rules of the audit committee of the board of directors formulated by the company, and relying on the professional ability of each member, scrupulously performed the duties of the audit committee, gave full play to its supervision and guidance functions, and promoted the continuous improvement of the level of corporate governance, The legitimate rights and interests of all shareholders of the company have been effectively safeguarded.
In 2022, the audit committee of the board of directors will continue to perform its duties diligently and fully in strict accordance with relevant regulations, and effectively safeguard the legitimate rights and interests of the company and all shareholders.
Zhejiang Dayuan Pumps Industry Co.Ltd(603757) board of directors audit committee April 7, 2022
Performance report of the audit committee in 2021
(there is no text on this page, which is the signature page of the 2021 performance report of the audit committee of Zhejiang Dayuan Pumps Industry Co.Ltd(603757) board of directors) member signature: LV jiuqin: Ma Guixiang: Wang Guoliang:
Zhejiang Dayuan Pumps Industry Co.Ltd(603757) board of directors audit committee date
