Core Viewpoint - The internal control evaluation report of Beijing Beichen Industrial Co., Ltd. for the year 2024 indicates that the company has maintained effective internal controls over financial reporting and has not identified any significant deficiencies in both financial and non-financial internal controls as of December 31, 2024 [1][2][3]. Internal Control Evaluation Conclusion - The company has confirmed that there are no significant deficiencies in financial reporting internal controls as of the evaluation date [2][3]. - There are also no significant deficiencies identified in non-financial reporting internal controls [2][3]. - The evaluation period did not experience any factors that would affect the conclusion of internal control effectiveness [2][3]. Internal Control Evaluation Work - The evaluation covered all major units, businesses, and high-risk areas, with 100% of the total assets and operating income included in the evaluation scope [3]. - The evaluation encompassed five key components: internal environment, risk assessment, control activities, information and communication, and internal supervision [3]. Internal Control Deficiency Recognition Standards - The company has established quantitative and qualitative standards for recognizing deficiencies in financial reporting internal controls, with specific thresholds for major, important, and general deficiencies based on pre-tax profit [4][5]. - Qualitative standards for deficiencies include criteria for major and important deficiencies, focusing on the potential impact on financial reporting and operational effectiveness [4][5][6]. Internal Control Deficiency and Rectification Status - During the reporting period, the company did not identify any major or important deficiencies in financial reporting internal controls [6][9]. - General deficiencies were noted in operational management and compliance with internal procedures, but these did not significantly impact the overall effectiveness of the internal control system [10]. - The company has developed rectification plans and measures to address identified deficiencies, aiming for substantial progress by the end of 2025 [10][11]. Other Significant Internal Control Matters - The company has assigned responsibility for rectification of identified deficiencies and is implementing targeted follow-up checks to ensure compliance with corrective measures [11]. - The internal control system's effective operation has validated the design and operational effectiveness of the internal control framework [11].
北辰实业: 北辰实业2024年内部控制评价报告