WXLH(SZ:300694) Zheng Quan Zhi Xing·2025-08-06 16:22Core Points - The internal audit system of Wuxi Lihu Pressure Technology Co., Ltd. aims to enhance the quality of internal audit work and protect investors' rights [1] - The internal audit applies to all business segments related to financial reporting and information disclosure within the company and its subsidiaries [1] - The internal audit is defined as an evaluation activity conducted by internal personnel to assess the effectiveness of internal controls and risk management, as well as the authenticity and completeness of financial information [1] Internal Audit Organization and Responsibilities - The board of directors is responsible for establishing and implementing the internal control system, which must be approved by the board [2] - An internal audit department is established to supervise the implementation of internal control systems and the authenticity of financial information [2][3] - The internal audit department must maintain independence and report to the board's audit committee [2][3] Internal Audit Procedures - The internal audit department is responsible for evaluating the integrity and effectiveness of internal control systems across various company entities [4] - Internal auditors must avoid conflicts of interest and are required to report any significant internal control deficiencies to the board [6][7] - The internal audit department must conduct audits on significant external investments, asset purchases and sales, external guarantees, and related party transactions [18][19][20] Information Disclosure - The board or its audit committee must issue an annual internal control evaluation report based on the internal audit department's findings [26] - The internal control evaluation report must include the authenticity of the evaluation, the overall situation, and any identified deficiencies [27] - The company must disclose the internal control evaluation report and any opinions from external auditors or financial advisors [14][29]