Internal Audit

The company’s internal audit is an independent unit directly under the board of directors; in addition to reporting at regular board meetings, it also immediately monitors the reports of the director, chairman and general manager when necessary to implement the spirit of corporate governance. The company’s internal audit implementation rules clearly stipulate the internal control of internal audit and review of the company’s operating procedures, and report whether the design of such controls and routine practice are appropriate to achieve the purpose of the internal control system; the internal control system and audit scope include the company’s All operations and subsidiaries of the Company.

The audit work is mainly carried out in accordance with the audit plan approved by the board of directors. The audit plan is formulated based on the identified risks, and special audits or reviews are carried out as needed. Combining the execution of the above-mentioned general audits and special audits, it provides the operation status of the internal control function of the management level, and provides another channel for the management level to understand the existing or potential lack of internal control in a timely manner. Internal audit issues written audit reports and follow-up reports after the implementation of the audit plan review, and regularly submits them to supervisors for inspection.

Internal audit reviews the self-assessment of the internal control system implemented by each unit, including checking whether the operation is implemented and reviewing documents to ensure the quality of the implementation, and comprehensive self-assessment results, and the internal control deficiencies and abnormalities found by the audit unit The improvement of the matter will serve as the basis for recommending that the company’s board of directors, chairman and general manager issue an internal control statement.

The company’s internal auditing unit assigns full-time auditors to supervise the auditing business of subsidiaries. The appointment, dismissal, evaluation, and salary of the company’s internal auditors are approved by the chairman of the board of directors.