Company code: China National Gold Group Gold Jewellery Co.Ltd(600916) company abbreviation: China National Gold Group Gold Jewellery Co.Ltd(600916) Announcement No.: 2022020 China National Gold Group Gold Jewellery Co.Ltd(600916)
Internal control evaluation report in 2021
China National Gold Group Gold Jewellery Co.Ltd(600916) all shareholders:
In accordance with the provisions of the basic norms of enterprise internal control and its supporting guidelines and other internal control regulatory requirements (hereinafter referred to as the enterprise internal control normative system), combined with the company's (hereinafter referred to as the company's) internal control system and evaluation methods, and on the basis of daily and special supervision of internal control, we evaluated the effectiveness of the company's internal control on December 31, 2021 (the benchmark date of internal control evaluation report). I Important statement
It is the responsibility of the board of directors of the company to establish, improve and effectively implement internal control, evaluate its effectiveness and truthfully disclose the internal control evaluation report in accordance with the provisions of the enterprise's internal control standard system. The board of supervisors shall supervise the establishment and implementation of internal control by the board of directors. The management is responsible for organizing and leading the daily operation of the enterprise's internal control. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this report, and bear individual and joint legal liabilities for the authenticity, accuracy and completeness of the contents of the report.
The objective of the company's internal control is to reasonably ensure the legal compliance of operation and management, asset safety, authenticity and integrity of financial reports and relevant information, improve operation efficiency and effect, and promote the realization of development strategy. Due to the inherent limitations of internal control, it can only provide reasonable assurance for the realization of the above objectives. 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 evaluation results. II Internal control evaluation conclusion 1 On the benchmark date of the internal control evaluation report, does the company have any major defects in the internal control of financial reporting
□ yes √ no
2. Evaluation conclusion of internal control over financial reporting
√ valid □ invalid
According to the identification of major defects in the company's internal control over financial reporting, there are no major defects in the internal control over financial reporting on the benchmark date of the internal control evaluation report. The board of Directors believes that the company has maintained effective internal control over financial reporting in all major aspects in accordance with the requirements of the enterprise's internal control standard system and relevant regulations. 3. Whether major defects in internal control over non-financial reporting are found
□ yes √ no
According to the identification of major defects in the company's internal control over non-financial reports, the company found no major defects in the company's internal control over non-financial reports on the benchmark date of the internal control evaluation report. 4. Factors affecting the evaluation conclusion of internal control effectiveness from the benchmark date of internal control evaluation report to the date of issuance of internal control evaluation report □ applicable √ not applicable
There are no factors affecting the evaluation conclusion of the effectiveness of internal control from the base date of the internal control evaluation report to the date of issuance of the internal control evaluation report. 5. Whether the internal control audit opinion is consistent with the company's evaluation conclusion on the effectiveness of internal control over financial reporting
√ yes □ No 6 Whether the disclosure of major defects in internal control of non-financial reports in the internal control audit report is consistent with the disclosure of the company's internal control evaluation report √ yes □ no III Internal control evaluation (I) Scope of internal control evaluation
According to the risk oriented principle, the company determines the main units, businesses and matters included in the evaluation scope and high-risk areas. 1. The main units included in the evaluation scope include: China National Gold Group Gold Jewellery Co.Ltd(600916) and its holding subsidiaries ( China National Gold Group Gold Jewellery Co.Ltd(600916) Group Marketing Co., Ltd., China National Gold Group Gold Jewellery Co.Ltd(600916) group gold jewelry (Beijing) Co., Ltd., CICC jewelry (Tianjin) Co., Ltd., China National Gold Group Gold Jewellery Co.Ltd(600916) group Sanmenxia Zhongyuan Gold and silver products Co., Ltd., Jiangsu gold Co., Ltd., Shanghai Gold Co., Ltd., yangchuang (Shenzhen) Fashion Culture Development Co., Ltd China National Gold Group Gold Jewellery Co.Ltd(600916) group gold jewelry (Zhengzhou) Co., Ltd., CICC jewelry (Sanya) Co., Ltd., CICC jewelry (Qingdao) Co., Ltd., CICC refining (Shenzhen) Technology Group Co., Ltd., China National Gold Group Gold Jewellery Co.Ltd(600916) group gold jewelry (Kunming) Co., Ltd., Sichuan Zhongjin zhubao Co., Ltd.) 2 Proportion of units included in the scope of evaluation:
Proportion of indicators (%)
The ratio of the total assets of the units included in the evaluation scope to the total assets of the company's consolidated financial statements 100
The total operating income of the units included in the evaluation scope accounts for 100% of the total operating income in the company's consolidated financial statements
3. The main business scope of evaluation includes:
Organizational structure, development strategy, human resources, social responsibility, corporate culture, capital activities, procurement business, asset management, sales business, research and development, production management, guarantee business, financial reporting, comprehensive budget, contract management, business outsourcing, information system, information transmission, internal supervision, etc. 4. High risk areas of focus mainly include:
The company's key businesses include brand promotion business, direct business management, franchise business management, credit risk management, raw material and product procurement, asset management, fund management and control of holding subsidiaries.
The high-risk areas that the company focuses on mainly include:
(1) Changes in important accounting policies and accounting estimates have not been properly approved, resulting in improper use of accounting policies;
(2) Lack of clear and appropriate accounting treatment methods for non routine transactions, transactions and accounting subjects, or the events are not recorded, processed and reported according to the latest information of the company and the understanding of the management on the enterprise operation, and the non routine transactions and events do not obtain relevant, sufficient and reliable data;
(3) Unreasonable accounting treatment of major events, such as debt restructuring, non monetary transactions, measurement of fair value, mergers and acquisitions, asset impairment, etc., will lead to distorted accounting information and can not truthfully reflect the actual operation of the enterprise;
(4) The assets and liabilities are inconsistent with the actual accounts, and the assets and liabilities are falsely increased or decreased; The asset valuation method is changed at will; Advance, postpone or even fail to recognize assets and liabilities;
(5) The adjustment of the statements is not properly authorized, reviewed and supervised, resulting in the possibility of fraud in the financial report;
(6) The financial reports provided to the outside world are not audited strictly or improperly, resulting in false reports and major omissions, which may mislead investors and other report users, cause decision-making mistakes and interfere with the market order;
(7) Lax payment review, inappropriate payment method and lax control of payment amount may lead to capital loss or credit damage of the enterprise; (8) The unreasonable formulation of financing plan or improper decision-making may lead to the imbalance of the company's debt structure, the unreasonable structure of long-term and short-term loans, and the debt repayment risk;
(9) Entering into a guarantee contract without authorization, or there are major omissions and fraud in the content of the guarantee contract, which may lead to the failure of enterprise litigation, passive recourse to rights, and damage to economic interests, image and reputation;
(10) Unauthorized delivery or non-compliance with the contract may lead to loss of goods or sales disputes between customers and enterprises, and the sales payment cannot be recovered.
5. The above units, businesses and matters included in the evaluation scope and high-risk areas cover the main aspects of the company's operation and management. Is there any major omission □ yes √ No 6 Is there a statutory exemption
□ yes √ No 7 Other explanatory matters
None (II) Basis of internal control evaluation and identification standard of internal control defects
The company organizes and carries out internal control evaluation according to the enterprise internal control standard system, internal control system and evaluation methods. 1. Whether the specific identification standard of internal control defects is adjusted with that of previous years
□ yes √ no
The board of directors of the company distinguished the internal control of financial report from the internal control of non-financial report according to the identification requirements for major defects, important defects and general defects of the enterprise internal control standard system, combined with the factors such as the company's size, industry characteristics, risk preference and risk tolerance, and studied and determined the specific identification standards of internal control defects applicable to the company, which are consistent with the previous years. 2. Identification standard of internal control defects in financial reporting
The quantitative criteria for the evaluation of internal control defects in financial reporting determined by the company are as follows:
Index name major defect quantitative standard important defect quantitative standard general defect quantitative standard
Total profit this defect alone or together with other defects alone or together with other defects may lead to financial reporting misstatement. Financial reporting misstatement may lead to financial reporting misstatement. The reported amount exceeds 3% of the total profit and the reported amount is less than 3% of the total profit But less than 5%
Total assets this defect alone or together with other defects alone or together with other defects may lead to financial reporting misstatement. Financial reporting misstatement may lead to financial reporting misstatement. The reported amount exceeding the total profit is less than 0.5% of the total profit %But less than 1% 0.5%
Description: None
The qualitative criteria for the evaluation of internal control defects in financial reporting determined by the company are as follows:
Qualitative standard of defect nature
Major defects ① fraud of directors, supervisors and senior managers of the company; ② The company corrects the published financial report; ③ Material misstatement in the current financial report found by the certified public accountant but not identified by the company's internal control; ④ The supervision of the audit committee and the audit department on the company's external financial report and internal control over financial report is invalid.
Significant defects ① failure to select and apply accounting policies in accordance with generally accepted accounting standards; ② Failure to establish anti fraud procedures and control measures; ③ No corresponding control mechanism has been established or implemented for the accounting treatment of unconventional or special transactions, and there is no corresponding compensatory control; ④ There are one or more defects in the control of the financial reporting process at the end of the period, and it can not reasonably ensure that the prepared financial statements achieve the true and complete goal.
General defects are other control defects other than the above major defects and important defects.
Note: none 3 Identification standard of internal control defects in non-financial reporting
The quantitative criteria for the evaluation of internal control defects in non-financial reporting determined by the company are as follows:
Index name major defect quantitative standard important defect quantitative standard general defect quantitative standard
Total profit this defect alone or together with other defects alone or together with other defects may lead to financial reporting misstatement. Financial reporting misstatement may lead to financial reporting misstatement. The reported amount exceeds 3% of the total profit and the reported amount is less than 3% of the total profit But less than 5%
Total assets this defect alone or together with other defects alone or together with other defects may lead to financial reporting misstatement. Financial reporting misstatement may lead to financial reporting misstatement. The reported amount exceeding the total profit is less than 0.5% of the total profit %But less than 1% 0.5%
Description: None
The qualitative criteria for the evaluation of internal control defects in non-financial reporting determined by the company are as follows:
Qualitative standard of defect nature
Major defects ① fraud of directors, supervisors and senior managers of the company; ② The company corrects the published financial report; ③ Material misstatement in the current financial report found by the certified public accountant but not identified by the company's internal control; ④ The supervision of the audit committee and the audit department on the company's external financial report and internal control over financial report is invalid.
Significant defects ① failure to select and apply accounting policies in accordance with generally accepted accounting standards; ② Failure to establish anti fraud procedures and control measures; ③ No corresponding control mechanism has been established or implemented for the accounting treatment of unconventional or special transactions, and there is no corresponding compensatory control; ④ There are one or more defects in the control of the financial reporting process at the end of the period, and it can not reasonably ensure that the prepared financial statements achieve the true and complete goal.
General defects are other control defects other than the above major defects and important defects.
Description: None
（3） Identification and rectification of internal control defects 1 Identification and rectification of internal control defects in financial reporting 1.1 Major defects
Whether the company has major defects in internal control over financial reporting during the reporting period □ yes √ no 1.2 Important defects
Whether the company has significant defects in internal control over financial reporting during the reporting period □ yes √ no 1.3 General defect
