Company code: Bohai Automotive Systems Co.Ltd(600960) company abbreviation: Bohai Automotive Systems Co.Ltd(600960)
Bohai Automotive Systems Co.Ltd(600960)
Internal control evaluation report in 2021
Bohai Automotive Systems Co.Ltd(600960) 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 base date of internal control evaluation report to the date of issuance of internal control evaluation report
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: the main businesses and matters of the company and its subsidiaries 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 operations and matters included in the scope of evaluation include:
Internal environment, risk assessment, control activities, information and communication, internal supervision. 4. High risk areas of focus mainly include:
Strategic risk, operational risk, financial risk and compliance risk. 5. the above units, businesses, matters and high-risk areas included in the evaluation scope cover the main aspects of the company's operation and management. Are there any major omissions □ yes √ no 6 Is there a statutory exemption
□ yes √ No 7 Other explanatory matters
None. （2） 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 and internal control system. 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
If the change range of pre tax profit reaches or exceeds 5%, and the change range reaches or exceeds 2%, other defects that fail to meet the identification standards of major defects and important defects are recognized as general defects
Other defects where the change range of main business income reaches or exceeds 0.5% and the change range reaches or exceeds 0.2% and fails to meet the identification standards of major defects and important defects are recognized as general defects
Other defects where the change range of asset scale reaches or exceeds 5% and the change range reaches or exceeds 2% and fails to meet the identification standards of major defects and important defects are recognized as general defects
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 provide false financial reports, mislead users of financial reports and interfere with market order;
② The preparation of financial reports violates accounting laws and regulations and the national unified accounting standards system;
③ There are major errors in the announced financial statements, which need to be corrected.
Except for retroactive adjustment of previous years due to changes in policies or other objective factors;
④ Failure to make effective use of financial reports to timely find problems existing in the company's operation and management, resulting in out of control financial and operational risks;
⑤ The financial statements are given negative opinions or refused to give opinions by certified public accountants.
Important defects: ① the business process design of financial report preparation is unreasonable or poorly controlled;
② The preparation of the financial report is not standardized, the content is incomplete, the report is not timely, and the disclosure is inappropriate;
③ The financial report can not truly and fairly reflect the financial status and operating results of the enterprise, and can not meet the reasonable needs of all parties for accounting information;
④ Incompatible financial reports and nonstandard separation of posts.
General defects and other defects that fail to meet the identification standards of major defects and important defects are identified as general defects.
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
Other defects where the judicial organ has registered or transferred more than 3 people and failed to meet the identification standards of major defects and important deficiencies are recognized as general defects.
Administrative supervision punishment is subject to major administrative supervision punishment, and the supervision department notifies that other defects that meet or fail to meet the major defects and important defects that fail to meet or exceed the recognition standards for more than two times are recognized as general defects.
Abnormal production shutdown reaches or exceeds 2 times, and one time can not reach major defects and important defects
Other defects that fall into the identification criteria are identified as general defects.
Other defects where the turnover of employees in key positions reaches or exceeds 20% and reaches or exceeds 10% and fails to meet the identification standards of major defects and important defect rate are recognized as general defects.
Defect rectification major defects within the specified period, the general defect rectification rate is less than 90%, and other defects that fail to meet the identification standard of effective rectification within 3 months of major defects and important defects are recognized as general defects.
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 directors, supervisors and senior managers have been or are suspected of fraud, or employees of the enterprise have colluded in fraud, which has caused heavy losses and adverse effects to the enterprise;
② Major violations of laws and regulations and liability accidents in asset management, capital operation, information disclosure, product quality, safe production, environmental protection, etc., resulting in heavy losses and adverse effects to the enterprise, or major administrative supervision penalties;
③ Unscientific decision-making procedures of enterprises lead to major investment mistakes;
④ Massive loss of employees in key positions;
⑤ There are major hidden dangers in the security of information system;
⑥ Negative news frequently appears in the media, involving a wide range;
⑦ Lack of system control or failure of control system for important business;
⑧ Key defects were not rectified within the specified period.
Important defects ① the decision-making process is not standardized, resulting in general investment mistakes;
② Production and operation activities are notified by the regulatory authorities;
③ The turnover of employees in key positions exceeds the normal level;
④
