Breo(SH:688793) Zheng Quan Zhi Xing·2025-08-01 16:36General Provisions - The company establishes an Audit Committee to enhance the decision-making function of the Board of Directors, ensuring effective supervision of management and improving corporate governance structure [1] - The Audit Committee is responsible for communication, supervision, and verification of internal and external audits, reporting to the Board of Directors [1][2] Composition of the Committee - The Audit Committee consists of three directors, with a majority being independent directors, including at least one accounting professional [2][3] - The 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 [2] Responsibilities and Authority - The main responsibilities of the Audit Committee include supervising and evaluating internal and external audits, reviewing financial reports, and coordinating communication between management and auditors [4][5] - The committee has the authority to propose measures to the Board regarding necessary actions or improvements [5][6] Meeting Rules - The Audit Committee must hold at least one meeting per quarter, with provisions for temporary meetings as needed [8][9] - A quorum requires the presence of more than two-thirds of the committee members, and decisions are made by majority vote [9][10] Documentation and Confidentiality - Meeting records must be kept for ten years, and all members have a confidentiality obligation regarding the discussed matters [10][10] - The committee's proposals and voting results must be reported to the Board in written form [10]