Nuode Investment Co.Ltd(600110)
Report of the audit committee of the board of directors on the performance of duties in 2021
According to the standards for the governance of listed companies issued by China Securities Regulatory Commission, the guidelines for the operation of the audit committee of the board of directors of listed companies of Shanghai Stock Exchange, the Listing Rules of Shanghai Stock Exchange and the articles of association of Nuode Investment Co.Ltd(600110) (hereinafter referred to as ” Nuode Investment Co.Ltd(600110) ” or “the company”), in 2021, the audit committee of the board of directors of the company, based on the principle of diligence and responsibility, Conscientiously fulfilled the responsibility of audit and supervision. The performance of the audit committee in 2021 is reported as follows:
1、 Basic information of the audit committee
The audit committee of the board of directors of the company is composed of Mr. Cai Mingxing, Mr. Xu Songqing and Ms. Guo Xinmei, of which the chairman is Mr. Cai Mingxing, an independent director with professional accounting qualification.
2、 Meetings of the audit committee held this year
In 2021, the audit committee held four meetings, and the main deliberations were as follows:
1. On April 23, 2021, the 11th meeting of the audit committee of the ninth board of directors was held, at which the annual report and summary of the company in 2020, the internal control evaluation report of the company in 2020 and the performance report of the audit committee of the board of directors in 2020 were considered. After deliberation, the audit committee agreed to submit the above proposal to the 38th meeting of the ninth board of directors and the 2020 annual board of directors for deliberation.
2. On July 30, 2021, the 12th meeting of the audit committee of the ninth board of directors was held, at which the company’s 2021 semi annual report and summary were considered. After deliberation, the audit committee agreed to submit the above proposal to the 42nd meeting of the ninth board of directors for deliberation.
3. On October 28, 2021, the 13th meeting of the audit committee of the ninth board of directors was held, at which the third quarter report of 2021 was considered. After deliberation, the audit committee agreed to submit the above proposal to the 44th meeting of the ninth board of directors for deliberation.
4. On December 2, 2021, the 14th meeting of the audit committee of the ninth board of directors was held, at which the proposal on renewing the appointment of accounting firms was considered. After deliberation, the audit committee agreed to submit the above proposal to the 45th meeting of the ninth board of directors for deliberation.
3、 Main work of the audit committee this year
1. Review the company’s financial report and perform the functions of supervision and verification
In 2021, the members of the audit committee communicated with the accounting firm through on-site meetings, talks and telephone communication, so as to coordinate and clarify the company’s annual audit work plan, perform professional responsibilities and express professional opinions on the company’s financial report audit. In accordance with the relevant provisions on the audit of the company’s annual report, the audit committee performs the functions of supervision and verification in the preparation of the company’s annual report. Before the official entry of the accounting firm, the audit committee carefully reviewed the financial statements prepared by the company and believed that the company’s final financial statements could comprehensively, objectively and truly reflect the company’s financial status, operating results, cash flow and asset quality. After the accounting firm issued the preliminary audit opinion, the audit committee reviewed the company’s financial and accounting statements again and considered that the company’s financial and accounting statements met the requirements of national laws and regulations, and prepared the financial and accounting statements in strict accordance with the accounting standards for business enterprises and the accounting system for business enterprises. During the preparation of the audit report, the audit committee continuously communicated with the accounting firm on important accounting issues and important audit matters, earnestly urged the accounting firm to audit with due diligence and issue appropriate audit opinions.
2. Supervise and evaluate the work of external audit institutions
During the reporting period, the company continued to employ Dahua certified public accountants as the company’s financial and internal control audit institution in 2021, which was reviewed and approved by the audit committee of the board of directors and the 45th meeting of the ninth board of directors.
In 2021, the audit committee actively coordinated the work communication between the company’s management, internal audit department and relevant functional departments and external audit institutions to promote the orderly and effective development of the company’s audit work and internal control construction.
3. Guide the company’s internal audit
In 2021, in combination with the company’s internal audit work plan, the audit committee urged the company’s internal audit institutions to carry out the audit work in strict accordance with the audit plan, and reviewed the company’s internal audit work report in combination with the implementation of the audit work. The audit committee found no major problems in the company’s internal audit work.
4. 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, the securities law and other laws and regulations and the requirements of the relevant provisions of the CSRC and Shanghai Stock Exchange. In 2021, the company strengthened the internal control inspection and rectification of all functional departments and subordinate subsidiaries, and strengthened the important role of internal control in the process of enterprise management. The Audit Department of the company conducted a comprehensive inspection on the internal control work of all subsidiaries and subsidiaries of the company. The inspection was risk-oriented and focused on the implementation effectiveness of relevant systems, business processes and approval authorities. The evaluation results showed that all departments and subsidiaries of the company met the requirements of the internal control system of the company. Strictly implement the company’s internal control evaluation and assessment management measures, combine the enterprise’s internal control self-assessment results with the enterprise’s overall performance assessment, realize the overall control, train the relevant personnel of internal control, form a practical and effective internal control system, and strictly require each subsidiary to implement the internal control operation report formulated by each subsidiary.
In conclusion, in 2021, the audit committee performed all professional duties of the audit committee with due diligence in accordance with the operation guidelines of the audit committee of the board of directors of listed companies on Shanghai Stock Exchange and other relevant laws and regulations.
It is hereby reported. (no text below)
This page is the signature page of the report of the audit committee of Nuode Investment Co.Ltd(600110) board of directors on the performance of duties in 2021: member signature: Cai Mingxing: Xu Songqing: Guo Xinmei:
Nuode Investment Co.Ltd(600110) board of directors audit committee April 19, 2022
