On-site Inspection Matters
Corporate Governance
Inspection Methods: Review of company articles, rules of the three meetings, and other management systems; review of meeting documents; interviews with actual controllers, directors, and senior management; on-site visits to major production and operation sites.
| Item | Opinion |
|---|---|
| 1. Are the articles of association and corporate governance systems complete and compliant? | √ |
| 2. Are the articles of association and rules of the three meetings effectively executed? | √ |
| 3. Are the meeting records complete, including time, location, attendees, and content? | √ |
| 4. Are the resolutions of the three meetings signed by relevant attendees? | √ |
| 5. Do directors, supervisors, and senior management fulfill their duties according to laws and regulations? | √ |
| 6. If there are significant changes in directors or senior management, are the corresponding procedures and disclosure obligations fulfilled? | √ |
| 7. If there are changes in controlling shareholders or actual controllers, are the corresponding procedures and disclosure obligations fulfilled? | √ |
| 8. Are the company’s personnel, assets, finances, institutions, and operations independent? | √ |
| 9. Is there no competition between the company and its controlling shareholders or actual controllers? | √ |
Internal Control
Inspection Methods: Interviews with the internal audit department manager; review of specialized committee meeting documents; review of internal audit system documents; review of internal audit department reports.