Bohai Automotive Systems Co.Ltd(600960)
Performance report of the audit committee of the board of directors in 2021
In accordance with the relevant provisions of the standards for the governance of listed companies, the articles of association and the working rules of the audit committee of the CSRC, as the current member of the audit committee of Bohai Automotive Systems Co.Ltd(600960) (hereinafter referred to as the “company”), I hereby make the following report to the board of directors on the performance of my duties in 2021:
1、 Basic information of the audit committee
During the reporting period, the audit committee of the board of directors of the company was composed of independent directors Li Gang, Mao Xinping and director Hu Hanjun, with independent director Li Gang as the chairman.
2、 Annual meeting of the audit committee
During the reporting period, the audit committee of the board of directors of the company actively performed its duties in accordance with the company law, the standards for the governance of listed companies, the articles of association, the detailed rules for the work of the audit committee and other relevant provisions. In 2021, the audit committee of the board of directors of the company held four meetings, and all members attended all the meetings in person. The meeting deliberated on the company’s annual report, semi annual report, quarterly report, profit distribution plan and employment of accounting firms.
3、 Main work contents of the audit committee in 2021
1. Performance of duties in annual report audit
In the audit of the company’s annual report, the audit committee of the board of directors carefully read the company’s annual audit work arrangement and relevant materials, communicated with the certified public accountant responsible for the audit of the company’s annual report, and urged the annual audit accountant to complete the annual report audit in time according to the work progress. After the annual audit accountant issued the audit opinion, the audit committee of the board of directors reviewed the company’s financial report and agreed to submit the company’s annual financial statements formally audited by the annual audit accountant to the board of directors for deliberation.
2. Supervise and evaluate the work of external audit institutions
The audit committee of the board of directors of the company has supervised and evaluated the financial report and internal control audit work of the internal control audit institution zhongxinghua Certified Public Accountants (special general partnership) in 2021, and believes that zhongxinghua Certified Public Accountants (special general partnership) has provided good services for the company, with meticulous and serious work and objective and fair work results, Be able to express relevant audit opinions in a realistic manner. 3. Guide internal audit
During the reporting period, the audit committee of the board of directors carefully reviewed the work materials of the company’s internal audit department, urged the company’s internal audit institution to conduct internal audit in strict accordance with the requirements of relevant laws, regulations and normative documents, and put forward guiding opinions on the problems arising from internal audit.
4. Review the financial reports of listed companies and express opinions on them
During the reporting period, the audit committee of the company’s board of directors carefully reviewed the company’s financial report and believed that the company’s financial report was true, complete and accurate, there were no relevant fraud, fraud and material misstatement, and there were no major accounting error adjustments, matters involving important accounting judgments, and matters leading to non-standard unqualified audit reports.
5. Evaluate the effectiveness of internal control
The company has established a relatively perfect corporate governance structure and internal control system in accordance with the company law, securities law and other laws and regulations and the requirements of relevant regulations of China Securities Regulatory Commission and Shanghai Stock Exchange. During the reporting period, the company strictly implemented various laws, regulations, rules, articles of association and internal management systems, and standardized the operation of the general meeting of shareholders, the board of directors, the board of supervisors and the management, effectively protecting the legitimate rights and interests of the company and shareholders. The Audit Committee believes that the actual operation of the company’s internal control meets the requirements on the internal control of listed companies issued by the CSRC.
6. Coordinate the communication between management, internal audit department and relevant departments and external audit institutions
After listening to the audit report of the board of directors and the external audit department, the company actively and effectively coordinated the relevant work with the internal audit department during the audit period.
4、 Overall evaluation
During the reporting period, the audit committee of the board of directors of the company performed the duties of the audit committee with due diligence in strict accordance with relevant regulations. In the new fiscal year, we will continue to strictly abide by relevant regulations, fulfill the responsibilities of the audit committee with due diligence, give full play to the supervision function, and make unremitting efforts to safeguard the common interests of the company and all shareholders.
Audit Committee: Li Gang (signature)
Mao Xinping (signature)
Hu Hanjun (signature)
April 22, 2022
