TELLHOW(SH:600590) Zheng Quan Zhi Xing·2025-07-16 10:17Core Viewpoint - The internal audit work system of Taihao Technology Co., Ltd. aims to enhance corporate governance and establish a robust internal audit framework to promote effective risk management and internal control [1][2]. Group 1: General Principles - The internal audit is defined as an independent and objective evaluation of the company's financial activities, economic operations, internal controls, and risk management [2]. - The internal audit institution is responsible for conducting audits and must adhere to relevant laws and professional standards, ensuring independence and objectivity [3][4]. - The internal audit institution reports directly to the board of directors and the audit committee, ensuring oversight and guidance [3][6]. Group 2: Responsibilities and Authority - The internal audit institution is tasked with developing the internal audit work system, auditing economic management efficiency, and evaluating the effectiveness of internal controls [5][6]. - It has the authority to request necessary documents from audited units, participate in relevant meetings, and investigate issues related to financial activities and internal controls [14]. - The audit committee is responsible for overseeing the internal audit work, including reviewing audit plans and ensuring compliance with regulations [7][9]. Group 3: Implementation Procedures - The internal audit institution must create an annual audit work plan and notify the audited units before conducting audits [10][11]. - Audit reports must be submitted to the internal audit institution and the audit committee, with provisions for feedback from the audited units [12][13]. - A mechanism for rectifying issues identified during audits is established, with the audited unit's leadership held accountable for implementing corrective actions [28][29]. Group 4: Accountability - The company will take corrective actions against units that refuse to cooperate with audits or fail to provide accurate information [29]. - Internal auditors who perform their duties diligently and contribute significantly may receive recognition and rewards, while those involved in misconduct will face disciplinary actions [30]. Group 5: Supplementary Provisions - Any matters not covered by this system or conflicting with laws and regulations will be governed by relevant legal provisions and the company's articles of association [31][32]. - The board of directors is responsible for formulating and interpreting this internal audit work system, which will take effect upon approval [32].