Quectel Wireless Solutions Co.Ltd(603236)
Performance report of the audit committee of the board of directors in 2021
In accordance with the guidelines for self regulatory supervision of listed companies on Shanghai Stock Exchange No. 1 - standardized operation, the articles of association and the detailed rules for the implementation of the audit committee of the board of directors and other relevant provisions, Quectel Wireless Solutions Co.Ltd(603236) (hereinafter referred to as the "company") the audit committee of the board of directors is diligent, scrupulous and prudent in performing its duties. Now the performance of the Committee in 2021 (hereinafter referred to as the "reporting period") is reported as follows: I Basic information of the audit committee
The audit committee of the third board of directors of the company is composed of independent director Ms. Yu Chunbo, independent director Mr. Geng Xiangming and director Mr. Zhang Dong. Independent directors account for 2 / 3 of the total members of the committee, of which the chairman is Ms. Yu Chunbo, an independent director with professional accounting qualification. The members of the company's serving committee meet the requirements of relevant laws and regulations on the number, proportion and professional allocation of independent directors of the audit committee of the board of directors of listed companies.
2、 Meetings held by the Audit Committee during the reporting period
During the reporting period, the audit committee held 5 meetings and all members attended the meeting. The details are as follows:
Date session consideration
1. Summary and report on 2020 annual review; 2. Review the proposal on the performance report of the audit committee in 2020;
2021 / 4 / 19 Audit of the second session of the board of directors 3. Review the proposal on using raised funds to replace self raised funds for the purpose of the 10th meeting of the raised investment project committee in advance;
4. Deliberating the proposal on changes in accounting policies;
5. Deliberation on the proposal of the self-evaluation report on internal control in 2020
Proposal on the company's report for the first quarter of 2021 audited by the second board of directors
2021 / 4 / 28 eleventh meeting of the Committee
Discuss
Audit of the second board of directors 1. Review the proposal on renewing the appointment of accounting firms;
2021 / 6 / 1 the 12th meeting of the Committee 2. Deliberating on the proposal on using some idle raised funds to temporarily supplement the working capital
Audit of the second board of directors 1. Proposal on the company's 2021 semi annual report and summary; The 13th meeting of the Committee on August 23, 2021 2. Proposal on the special report on the deposit and actual use of the company's raised funds in the half year of 2021
3. Proposal on using some idle raised funds to temporarily supplement working capital
Audit of the third board of directors 1. Deliberation on the company's report for the third quarter of 2021
2021 / 10 / 25 draft resolution of the first meeting of the Committee.
3、 Main work of the Audit Committee during the reporting period
(I) supervise and evaluate the work of external audit institutions
1. Evaluate the independence and professionalism of external audit institutions
During the reporting period, the audit committee assessed the independence and professionalism of external audit institutions. Lixin Certified Public Accountants (special general partnership) (hereinafter referred to as "Lixin") has the practice certificate of certified public accountants and has many years of experience in providing audit services for listed companies, which can meet the audit requirements of the company. During the 2020 financial audit of the company, Lixin completed the annual audit of the company truthfully, accurately, completely and on schedule in accordance with the accounting standards for business enterprises and other relevant laws and regulations, and finally issued the 2020 annual audit report, the special description of the occupation of non operating funds and other related capital transactions, the verification report on the annual storage and actual use of raised funds, and fairly expressed the audit opinion, which was objective, fair and reasonable Accurately reflected the financial situation of the company, earnestly performed the responsibilities of the audit institution, and safeguarded the legitimate rights and interests of the company and shareholders from a professional perspective. 2. Discussion and communication with external audit institutions
The audit committee and the internal audit department continue to pay attention to the audit work of the company's annual report and other periodic reports, communicate and discuss with the company's audit institution Lixin certified public accountants, understand the audit plan, solve problems, review the audit results, and supervise and evaluate the work of Lixin certified public accountants.
(II) guide internal audit
During the reporting period, the audit committee maintained communication with the Audit Department of the company in strict accordance with relevant regulations and in combination with the actual situation of the company, put forward guiding opinions on the main problems found in the internal audit work, and effectively supervised the implementation of the Audit Department of the company. After reviewing the internal audit work report of the company, we found no major problems in the internal audit work of the company, and the internal audit work of the company can be carried out effectively.
(III) review the company's financial report
During the reporting period, the audit committee carefully reviewed the company's financial report and believed that the confirmation of various expenditures, revenues, expenses and profits was true and accurate, in line with laws, regulations and relevant systems. The company's financial report was true, accurate and complete, free of fraud, fraud and other major misstatement, and could fairly reflect the company's financial status, operating results and cash flow. During the reporting period, we reviewed the company's financial report and fully communicated and confirmed with the board of directors, management and external audit institutions on the company's financial report, the implementation of accounting policies and key audit matters.
(IV) evaluate the effectiveness of internal control
During the reporting period, the audit committee investigated and guided the company's internal control, and carefully reviewed the summary report of the internal audit department and the audit work plan for the next year. The company strictly implemented various laws and regulations, the articles of association and internal management system, and standardized the operation of the general meeting of shareholders, the board of directors, the board of supervisors and the management, ensuring the implementation and implementation of the company's internal control measures and the orderly development of the company's business activities.
4、 Overall work evaluation
In 2021, the audit committee of the board of directors earnestly performed their duties in strict accordance with relevant laws and regulations and the requirements of the company's system, based on the principle of objectivity and impartiality, performed their duties diligently, gave full play to the control role of internal audit, and made a certain contribution to the construction of the company's risk management and control system. In 2022, the audit committee will continue to give full play to its supervision function, perform its duties in improving and perfecting the internal control system, continuing to improve the quality of internal audit, strengthening risk management awareness, coordinating external audit work and the implementation of major events of the company, and effectively safeguard the interests of the company and all shareholders.
Quectel Wireless Solutions Co.Ltd(603236) the chairman of the audit committee of the third board of directors: Yu Chunbo members of the Audit Committee: Geng Xiangming, Zhang Dong April 15, 2022
