Communication Between
Independent Directors and Accountants
IIn accordance with the Code of Practice for Corporate Governance of Listed OTC Companies, Greenfiltec established an audit committee to replace the supervisor in 110 years. The audit committee is composed of all independent directors and communicates with internal audit supervisors and accountants on a regular basis every quarter.
The communication between independent directors and accountants mainly focuses on “explanation and discussion of individual financial report audit procedures“; the communication between independent directors and internal audit supervisors focuses on “auditing business execution report” and the communication is good.
Communication Between Independent
Directors and Accountants
1. The company established an audit committee to replace the supervisor on March 30, 2010. The audit committee is composed of all independent directors.
2. Accountants and independent directors have good communication in the Audit Committee and the Board of Directors on a regular basis every quarter.
3. The internal audit supervisor has fully communicated the implementation of the audit business through the audit report provided by the board of directors on a quarterly basis and monthly.
Communication Between Independent
Directors and Internal Audit Supervisors
| Date | Communication Method | Communication Topic | Participants | Opinions of Independent Directors |
| 2022.03.23 | The Audit Committee | Report on the Execution of Audit Business in the Fourth Quarter of 2021 | Independent Director（Gu Siming, Zhu Jiancheng and Zhan Junyu）、Audit Supervisor（Lu Shuyun） | Fully Understood, No Objection |
| 2022.05.11 | The Audit Committee | Report on the Implementation of Audit Business in the First Quarter of 2022 | Independent Director（Gu Siming, Zhu Jiancheng and Zhan Junyu）、Audit Supervisor（Lu Shuyun） | Fully Understood, No Objection |
| 2022.08.05 | The Audit Committee | Report on the Implementation of Audit Business in the Second Quarter of 2022 | Independent Director（Gu Siming, Zhu Jiancheng and Zhan Junyu）、Audit Supervisor（Lu Shuyun） | Fully Understood, No Objection |
Communication Between Independent
Directors and Accountants
| Date | Communication Method | Communication Focus | Participants | Opinions of Independent Directors |
| 2022.03.23 | Board of Directors The Audit Committee | Accountant Explain and Discuss Individual Financial Reports In 2022 According To The Inspection Procedure | Independent Director（Gu Siming, Zhu Jiancheng and Zhan Junyu）、Accountant（Wu Yulong） | Fully Understood, No Other Suggestions |
| 2022.05.11 | Board of Directors The Audit Committee | Accountant Explain and Discuss Individual Financial Reports In 2022 Q1 According To The Review Procedure | Independent Director（Gu Siming, Zhu Jiancheng and Zhan Junyu）、Accountant（Huang Shijun） | Fully Understood, No Other Suggestions |
| 2022.08.05 | Board of Directors The Audit Committee | Accountant Explain and Discuss Individual Financial Reports In 2022 Q2 According To The Review Procedure | Independent Director（Gu Siming, Zhu Jiancheng and Zhan Junyu）、Manager（Yao Renyu） | Fully Understood, No Other Suggestions |
