ZHENGGUANG(SZ:301092) Zheng Quan Zhi Xing·2025-07-02 16:25Core Points - The article outlines the implementation rules for the Audit Committee of Zhejiang Zhangguang Industrial Co., Ltd, aimed at enhancing the board's decision-making and supervision over management [1][2] - The Audit Committee is established as a specialized working body under the board, responsible for communication, supervision, and verification of internal and external audits [1][2] Committee Composition - The Audit Committee consists of three directors who are not senior management, including at least two independent directors, with one being a professional in accounting [3] - Committee members are nominated by the chairman, more than half of the independent directors, or one-third of all directors, and elected by the board [3][4] Committee Responsibilities - The Audit Committee exercises the powers of the supervisory board as defined by the Company Law, including reviewing financial information and overseeing internal controls [3][4] - It must approve certain matters by a majority before submission to the board, such as financial reports, hiring or firing of auditors, and changes in accounting policies [3][4] Meeting Procedures - The Audit Committee holds regular meetings at least quarterly and can convene temporary meetings as needed, requiring a two-thirds attendance for decisions [5][6] - Meeting records must be accurate and reflect the opinions of attendees, and decisions must be reported to the board in writing [7][8] Internal Audit Oversight - The internal audit department assists the Audit Committee and is responsible for preparing materials and reports on audit findings [4][5] - The Audit Committee supervises the internal audit department's work and ensures compliance with internal audit plans [4][5]