EGING PV(SH:600537) Zheng Quan Zhi Xing·2025-08-25 16:52Core Viewpoint - The document outlines the operational guidelines for the Audit Committee of Yijing Photovoltaic Technology Co., Ltd, emphasizing its role in enhancing corporate governance, financial oversight, and internal control mechanisms. Group 1: General Provisions - The Audit Committee is established to improve the governance level of the company and enhance the decision-making function of the board of directors [1] - The committee is responsible for supervising the company's financial information, internal control, and auditing processes [1] - The company must provide necessary working conditions for the Audit Committee, which is supported by the internal control audit department [1] Group 2: Composition of the Audit Committee - The Audit Committee consists of at least three members appointed from the board, with independent directors making up more than half of the committee [2] - All members must possess the necessary professional knowledge and experience to fulfill their responsibilities effectively [2] - The committee is led by a convener who must be an independent director with accounting expertise [2] Group 3: Responsibilities of the Audit Committee - The committee is responsible for reviewing financial information and overseeing internal and external audits [3] - It must approve significant financial disclosures and the hiring or dismissal of external auditors [3][4] - The committee is tasked with ensuring the accuracy and completeness of financial reports and addressing any discrepancies [4] Group 4: Supervision of External Auditors - The Audit Committee oversees the hiring process of external auditors and evaluates their performance [5] - It must ensure that the external auditors operate independently and without undue influence from major shareholders or management [5] Group 5: Internal Audit Oversight - The committee supervises the internal audit department and reviews its annual work plan [6] - It is responsible for ensuring that internal controls are effective and that any deficiencies are reported [8] Group 6: Meeting Procedures - The Audit Committee must hold at least one meeting per quarter, with provisions for additional meetings as necessary [28] - A quorum requires the presence of at least two-thirds of the members, and decisions are made by majority vote [29] Group 7: Information Disclosure - The company is required to disclose the Audit Committee's annual performance and any significant issues identified during its oversight [36][37] - Any recommendations made by the committee that are not adopted by the board must be disclosed along with the reasons [38]