Core Viewpoint - The document outlines the annual audit work system of the Audit Committee of Guangdong Vanward New Electric Co., Ltd, emphasizing the responsibilities of the committee in overseeing the preparation of annual financial reports and maintaining audit independence [1][2][3]. Group 1: Responsibilities and Procedures - The financial officer must report the company's annual production and operational status to the Audit Committee within two months after the fiscal year-end, including significant matters and progress [1]. - The financial officer is required to submit the annual audit work plan and related materials to the Audit Committee before the arrival of the annual audit CPA [2]. - The Audit Committee collaborates with the annual audit CPA to determine the timeline for the annual financial report in accordance with the Shenzhen Stock Exchange's disclosure requirements [2]. Group 2: Review and Communication - The Audit Committee must review the annual financial report prepared by the company before the CPA's arrival and provide written opinions [2]. - After the CPA provides preliminary audit opinions, the Audit Committee should review the annual financial report again and document their opinions [2]. - The Audit Committee is responsible for ensuring that the CPA submits the audit report within the agreed timeframe and must document the methods, frequency, and results of their follow-ups [2]. Group 3: Final Review and Decision-Making - Upon completion of the annual financial report audit, the Audit Committee must meet with the CPA to discuss issues identified during the audit process and conduct a final review and vote on the audited annual report before submitting it to the Board of Directors [2]. - The company is generally prohibited from changing the CPA during the annual audit period unless necessary, in which case the Audit Committee must evaluate the quality of both the previous and new CPA [2]. - The financial officer and the Board Secretary are responsible for facilitating communication between the Audit Committee, independent directors, and the company's management during the report preparation process [3].