Hengtong(SH:600226) Zheng Quan Zhi Xing·2025-08-25 16:30Core Points - The article outlines the operational guidelines for the Audit Committee of Zhejiang Hengtong Holdings Co., Ltd, aiming to enhance corporate governance and ensure effective internal and external audit processes [1][2][3] Group 1: General Provisions - The Audit Committee is established to oversee communication, supervision, and verification of internal and external audits, reporting directly to the Board of Directors [2][3] - The committee is supported by an Internal Control Audit Department responsible for daily operations and ensuring the authenticity and legality of financial reports [3][4] Group 2: Composition - The Audit Committee consists of three directors who are not senior management, including two independent directors, with at least one being an accounting professional [4][5] - The committee is elected by the Board and has a term of three years, aligning with the Board's term [5][6] Group 3: Responsibilities and Authority - The main responsibilities include selecting and evaluating external audit firms, supervising internal audits, reviewing financial information, and ensuring effective internal controls [9][10] - The committee must approve significant financial disclosures and changes in accounting policies before submission to the Board [10][11] Group 4: Decision-Making Procedures - The Internal Control Audit Department prepares necessary documentation for the committee's decisions, including financial reports and audit evaluations [11][12] - Meetings are held regularly, with at least one meeting per quarter, and require a two-thirds majority for decisions [14][15] Group 5: Information Disclosure - The company is required to disclose the composition and professional background of the Audit Committee members, as well as their annual performance [16][17] - Any significant issues identified by the committee that meet disclosure standards must be reported promptly [17][18]