On December 6, the Company held the fifth meeting of the third term Board Audit Committee. Zhao Tianxing, director of the Company and chairman of the Board Audit Committee, chaired the meeting.

At the meeting, the Committee reviewed the on the Status of the resolutions from the last BAC Meeting, and the reports about the shareholders joint audit, the internal audit activities, the external audit activities and the internal controls. The Five-year Internal Auditing Rolling Plan 2024-2028, the Internal Auditing Work Plan of 2024 and the Internal Auditors Staffing Plan have been approved at the meeting.

The BAC commended the Company in cooperating the shareholders’ joint audit of 2023 and timely rectifying the gaps identified by the shareholders’ auditors. It was required at the meeting that the Company shall pay more attention to cybersecurity, smart company, urgent procurement management and special operation personnel certification, as well as to make continuous efforts on strengthening internal control. (Liu Zhaoyu)