Jiangsu Jingyuan Environmental Protection Co.Ltd(688096)
Performance report of the audit committee of the board of directors in 2021
The audit committee of the board of directors of Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) (hereinafter referred to as the "company") was diligent and responsible in 2021 in accordance with the standards for the governance of listed companies issued by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC"), the rules for the listing of shares on the science and Innovation Board of Shanghai Stock Exchange (revised in December 2020) and the Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) (hereinafter referred to as the "articles of association"), We have actively fulfilled our audit and supervision responsibilities, and now report the work of 2021 as follows:
1、 Basic information of the audit committee
In 2021, the audit committee of the third board of directors of the company was composed of three members, namely Mr. Zeng Xiaoqing, an independent director, Mr. Xu Yang and Mr. Ji Xianhua. Mr. Zeng Xiaoqing, an independent director of accounting professionals, served as the chairman and convener of the audit committee.
2、 Meetings of the audit committee
In 2021, the audit committee held 6 meetings. All members attended the meeting in person and voted on all the proposals. The details are as follows:
(I) on March 15, 2021, the audit committee held its first meeting in 2021, considered and passed the following proposals:
1. Proposal on applying for credit line from banks.
(II) on April 16, 2021, the audit committee held its second meeting in 2021, considered and passed the following proposals:
1. Proposal on 2020 annual report (and summary).
2. Proposal on 2020 financial final accounts report.
3. Proposal on financial budget report of 2021.
4. Proposal on 2020 profit distribution plan.
5. Proposal on the special report on the deposit and actual use of raised funds in 2020. 6. Proposal on the renewal of the company's audit institution.
7. Proposal on changes in accounting policies.
(III) on April 29, 2021, the audit committee held its third meeting in 2021, considered and passed the following proposals:
1. Proposal on the company's report for the first quarter of 2021 (and text).
2. Proposal on the special report on the use of the company's previously raised funds.
3. Proposal on the company's internal control evaluation report in 2020.
(IV) on August 6, 2021, the audit committee held its fourth meeting in 2021, considered and passed the following proposals:
1. Proposal on correcting 2020 annual report and 2021 first quarter report.
2. Proposal on ratification of related party transactions.
3. Proposal on using some over raised funds and idle self owned funds to purchase financial products.
(V) on August 30, 2021, the audit committee held its fifth meeting in 2021, considered and passed the following proposals:
1. Proposal on the 2021 semi annual report (and summary).
2. Proposal on the special report on the deposit and actual use of raised funds in the half year of 2021. 3. Proposal on Amending the raised funds management system.
4. Proposal on Amending the related party transaction management system.
(VI) on October 29, 2021, the audit committee held its sixth meeting in 2021, considered and passed the following proposals:
1. Proposal on the company's report for the third quarter of 2021.
2. Proposal on using some over raised funds to repay bank loans and permanently supplement working capital. 3、 Main performance of the audit committee
(I) supervise and evaluate the work of external audit institutions
The audit committee investigated and evaluated the audit work of Dahua Certified Public Accountants (special general partnership), the audit institution of the company's annual report, and believed that the institution can strictly implement the audit plan formulated, carry out the audit work in strict accordance with the relevant national regulations and the requirements of the professional norms of certified public accountants, follow the principle of independence, issue objective and fair audit opinions, and be diligent and responsible, Completed various tasks entrusted by the company.
(II) guide internal audit and internal control
The audit committee shall participate in the formulation of internal audit and internal control work plans, give full play to the functions of the audit committee, supervise and guide relevant internal control departments to carry out all work in strict accordance with the work plans, and ensure the standardized operation of the company.
(III) review of financial reports
During the reporting period, the audit committee carefully considered the company's financial reports of each period, widely communicated with the company's management on the preparation and key matters of the financial report, supervised the authenticity, accuracy and integrity of the company's financial report from a professional perspective, and believed that the company's financial report was true, accurate and complete, free of false records, misleading statements and major omissions, and could be objective Fairly reflect the company's financial position, operating results and cash flow. The company has no major accounting error adjustment, major accounting policy changes, estimation changes, matters involving important accounting judgments and leading to non-standard unqualified audit reports.
(IV) coordinate the communication between the management, internal audit department and external audit institutions
During the reporting period, the audit committee actively coordinated the communication between the company's management, relevant internal departments and external audit institutions on the basis of fully listening to the opinions of all parties, so as to ensure the smooth progress of audit work and improve the efficiency of audit work.
4、 Overall evaluation
During the reporting period, in accordance with the above relevant provisions, we made full use of our respective professional knowledge and work experience, earnestly fulfilled the responsibilities and obligations of the audit committee, provided professional opinions for the scientific decision-making of the company's board of directors, and actively safeguarded the legitimate rights and interests of the company and shareholders.
Members of the Audit Committee: Zeng Xiaoqing, Xu Yang, Ji Xianhua April 29, 2022
