CNANO(SH:688116) Zheng Quan Zhi Xing·2025-07-04 16:12General Overview - The article outlines the implementation rules for the Audit Committee of Jiangsu Tiannai Technology Co., Ltd, aimed at enhancing the decision-making function of the board and ensuring effective supervision of the management team [1][2]. Composition of the Audit Committee - The Audit Committee consists of three directors, with a majority being independent directors, and is chaired by an independent director with accounting expertise [2][3]. - Committee members are nominated by the chairman or a majority of independent directors and elected by the board [2]. Responsibilities and Authority - The Audit Committee is responsible for tracking the implementation of the company's business strategy, supervising external audit work, evaluating internal audit systems, and ensuring accurate financial reporting [3][4]. - It has the authority to review financial information, supervise internal controls, and assess compliance with laws and regulations [4][5]. Decision-Making Procedures - The Audit Committee must approve certain matters by a majority before submitting them to the board for review, including financial reports and the hiring or dismissal of external auditors [3][4]. - The committee is required to hold regular meetings at least quarterly and can convene special meetings as necessary [8][9]. Information Disclosure - The company must disclose the Audit Committee's annual performance and any significant issues identified during its oversight to the Shanghai Stock Exchange [31][32]. - If the board does not adopt the committee's recommendations, the company must disclose the reasons for this decision [33].