Internal Audit

The Company’s audit office is an independent department directly reports to the Board of Directors. Internal auditors perform their tasks both independently and objectively to provide the Board of Directors timely feedback on the functioning of internal control system. The appointment of Chief Audit Officer needs to be approved by the Board of Directors, and an adequate number of employees are dedicated to the audit office.  Appointment, dismissal, evaluation and review, salary and compensation of internal auditors are submitted by the Chief Audit Officer to the Chairman for approval in accordance with the provisions of the Company’s HR Approval Form, Hiring Management Procedure, Work Rules, Employee Performance Appraisal Procedure and other HR processes.