China State Construction Engineering Corporation Limited(601668) board of directors audit and risk committee 2021 performance report
In 2021, the audit and risk committee of the board of directors of China State Construction Engineering Corporation Limited(601668) performed its duties diligently and prudently in the supervision and evaluation of internal and external audits in accordance with the standards for the governance of listed companies, the Listing Rules of Shanghai Stock Exchange, the operation guidelines of the audit committee of the board of directors of listed companies of Shanghai Stock Exchange, the articles of association of China State Construction Engineering Corporation Limited(601668) and the rules of procedure of the audit and risk committee of the board of directors of China State Construction Engineering Corporation Limited(601668) and other relevant provisions Review the company’s financial information and its disclosure, supervise and evaluate the effectiveness of the company’s comprehensive risk management and internal control. The report on the performance of the audit and risk committee of the board of directors in 2021 is as follows:
1、 Basic information of audit and risk committee
In 2021, combined with the relevant requirements of SASAC and the work needs of the board of directors, the company adjusted the audit committee to the audit and risk committee, and adjusted the personnel and responsibilities of the committee according to the actual work and the change of office. The audit committee of the second board of directors is composed of four independent directors, namely Mr. Jia Chen, Mr. Yang Chunjin, Mr. Yu Hailong and Mr. Zheng Changhong; The chairman of the audit committee is Mr. Jia Chen, with professional accounting qualification.
The audit and risk committee of the third board of directors is composed of four independent directors: Mr. Jia Chen, Mr. Xu Wenrong, Mr. Sun Chengming and Mr. Li Ping; The chairman of the audit and risk committee is Mr. Jia Chen. The rules of procedure of China State Construction Engineering Corporation Limited(601668) audit and risk committee (version 2021) revised and printed by the company defines the responsibilities of supervising and evaluating the company’s internal control system, risk management system, legal compliance management system, accountability system for illegal operation and investment, and strengthens the management and guidance of the Committee on internal control construction, risk control, compliance management and audit supervision.
2、 Meetings of audit and risk committee
In 2021, the company held 7 meetings of the audit committee and the audit and risk committee, including 2 meetings of the audit committee of the second board of directors and 5 meetings of the audit and risk committee of the third board of directors; 4 on-site meetings and 3 written meetings. All members attended and voted at the meeting, deliberated on proposals and listened to reports, totaling 25 items.
The details are as follows:
No. name of meeting time of meeting topic form of meeting
1. China State Construction Engineering Corporation Limited(601668) the audit of the second board of directors
Performance report of the Committee in 2020
2. Review on China State Construction Engineering Corporation Limited(601668) 2020
Proposal on financial statement report
3. Listen to Ernst & Young Huaming’s consolidated financial report for 2020
Table. Report on internal control audit
4. Review on 2020 China State Construction Engineering Corporation Limited(601668) internal control system
Proposal of department work report
5. Review on China State Construction Engineering Corporation Limited(601668) 2020
Proposal on internal control evaluation report
Review of the second board of directors 6 Hearing from the audit department about China State Construction Engineering Corporation Limited(601668)
2021
1 report on the implementation of the 20th 2020 internal audit of the Planning Commission on April 15
Fifth meeting 7 Review the internal audit report of China State Construction Engineering Corporation Limited(601668) 2021
Audit work plan
8. Review on 2021 China State Construction Engineering Corporation Limited(601668) major risk assessment
Proposal of the appraisal report
9. Review on the renewal of China State Construction Engineering Corporation Limited(601668) 2021
Proposal of annual financial report audit institution
10. Review on the renewal of China State Construction Engineering Corporation Limited(601668) 2021
Proposal of annual internal control audit organization
11. Consideration of the proposal of serving as China State Construction Engineering Corporation Limited(601668) director
Supervisors and senior managers renew their responsibilities from 2021 to 2023
Proposal on insurance
The second session of the board of directors
2021 about China State Construction Engineering Corporation Limited(601668) the first quarter of 2021
2. Proposal on the financial report of the 20th written meeting of the Planning Commission on April 28
Sixth meeting
1. Review on the revision of China State Construction Engineering Corporation Limited(601668)
Department of control, system management and quality, environment, occupational health and safety
It is the proposal of management regulations
The third session of the board of directors
February 2021 Review on the application of China State Construction Engineering Corporation Limited(601668) Group Co., Ltd. to China Construction
3. The written meeting of the planning and risk committee proposed that the Construction Co., Ltd. provide a entrusted loan of 1.4 billion yuan on July 22
First meeting
3. Review on the application of China State Construction Engineering Corporation Limited(601668) Group Co., Ltd. to China Construction
Discussion on providing 60 million yuan entrusted loan by Construction Co., Ltd
case
No. name of meeting time of meeting topic form of meeting
1. Review China State Construction Engineering Corporation Limited(601668) 2021 interim financial statements
Business Analysis Report
2. Listen to Ernst & Young Huaming’s interim financial report for 2021
Report on the review of the form of the third board of directors
2021
4 planning and risk committee 3 Listen to the on-site meeting of audit department China State Construction Engineering Corporation Limited(601668) 2021 on August 27
Second meeting: internal audit development, problems found, rectification and accountability in the first half of the year
Report on the situation
4. Review on China State Construction Engineering Corporation Limited(601668) accounting policy
Proposal of “change”
1. Review on the three-year plan of China State Construction Engineering Corporation Limited(601668) 2021
The third session of the board of directors
Proposal for 2021 quarterly financial analysis report
5 on site meeting of planning and risk committee October 25 2 Listen to the audit of China State Construction Engineering Corporation Limited(601668) “the 14th five year plan”
Third meeting
Report of special planning
1. Review on China Construction Finance Co., Ltd. and China State Construction Engineering Corporation Limited(601668) set
Proposal on the renewal of the financial services framework agreement by the third board review panel Co., Ltd
2021
6 Planning and risk committee 2 Deliberation on the on-site meeting between China State Construction Engineering Corporation Limited(601668) and CSCEC on November 26
The fourth meeting on the renewal of the comprehensive service framework agreement by Zhuzhu Group Co., Ltd
bill
1. Review on the appointment of Gu Xiaobai as the general manager of the Audit Department of the company
The third session of the board of directors
Proposal for 2021
7. Written meeting of the planning and risk Committee on December 7 2 Deliberating on the joint contribution to China Construction Finance Co., Ltd. with the controlling shareholder
Fifth meeting
Proposal on capital increase and related party transactions of the company
3、 Performance of responsibilities of audit and risk committee in 2021
(I) supervision and evaluation of external audit
In 2021, the audit and risk committee carried out the following supervision and evaluation on the external audit: first, put forward renewal suggestions to the board of directors for the 2021 financial report and internal control audit institution, and carefully review the business agreement and audit fees.
Second, regularly listen to Ernst & Young Huaming’s report on the audit / review of financial reports. The third is to put forward work requirements and suggestions on how to better play the role of risk prevention and promote the improvement of the company’s management.
The audit and risk committee believes that Ernst & Young Huaming, the financial report and internal control audit institution, can independently and objectively perform the responsibilities and obligations of the audit institution in the process of audit services, complete the company’s 2020 financial report and internal control audit on time, and the report issued reflects the company’s financial status and operating results fairly, objectively, truly and accurately.
(II) supervise and evaluate the company’s internal audit
The audit and risk committee carefully reviewed the company’s 2021 internal audit plan and audit scope in accordance with the company law, the securities law, the basic norms of enterprise internal control and other relevant provisions, and recognized the focus and feasibility of the plan. At the same time, urge the company’s internal audit institutions to focus on risk prevention and find problems in a timely and accurate manner; Allocate sufficient audit force to ensure the completion of audit tasks throughout the year.
The audit and risk committee listened to the report of the company’s audit department on the implementation of internal audit in 2020 and the report on the implementation, problems found, rectification and accountability of internal audit in the first half of 2021, affirmed that the company attaches great importance to healthy development and the rectification of problems found in audit, comprehensively and carefully summarized the problems found in audit, classified and analyzed the causes of frequent problems, and effectively promoted the implementation of rectification Put forward targeted management suggestions and agree. At the same time, it is suggested that the company continue to analyze the key problems found in the audit, and increase the punishment for the repeated trial and repeated violation of the same problem in the same unit; Further improve the application of audit results, and seriously deal with the problems found in the audit that touch the bottom line of the red line, so as to further enhance the authority of the audit.
