On the afternoon of November 10, the first meeting of the third term Board Audit Committee of the company was held in the 15/F conference room of Quanzhou Office Building. The meeting was held via video conference.

The internal/ external auditors and management representative reported at the meeting, including the Follow-ups of the Resolutions of The Last Board Audit Committee Meeting, The Internal Audit Work Report, the Special Report on Management Actions, the External Audit Work Report and the Company Control Work. The above topics were fully discussed at the meeting.

The Committee affirmed and appreciated the work of Internal Audit. The BAC members recognized the improvements and efforts made by the company management in aspects of unplanned shutdown management and project management, and paid attention to the closure of shareholders audit gaps, environmental incidents, and signing of employee confidentiality agreement. The company management was expected to control business risks and improve production/ operation efficiency and results through effective operation of the internal control system.

The Five-year Rolling Plan of Internal Audit (2022 – 2026), the Internal Audit Work Plan and the People Allocation Plan of 2022 were approved at the meeting. (Liu Zhaoyu)