Internal Audit Organization and Operations

Purpose of Internal Audit:
To inspect and evaluate the effectiveness of internal controls, measure the efficiency and effectiveness of operations, ensure the reliability of financial reporting and compliance with relevant laws and regulations, and provide timely recommendations for improvement to ensure the continuous and effective implementation of all systems.
Internal Audit Organization Chart:
The Company’s internal audit unit has one Chief Internal Auditor, who reports directly to the Board of Directors. The appointment and dismissal of the Chief Internal Auditor must be approved by a majority of the Board of Directors. The Chief Internal Auditor undertakes continuing professional education in relevant internal auditing courses each year, and a position deputy system is in place.
Internal Audit Operations:
Audit Execution:
Classified into regular and ad hoc audits. Regular audits are executed by auditors according to the plan; ad hoc audits are conducted upon the instruction of the Board of Directors or the Audit Committee.
Audit Responsibilities:
1. Formulation, amendment, and execution of internal control and internal audit systems for the Company and its subsidiaries.
2. Formulation, amendment, and execution of internal control and internal audit systems for the Company and its subsidiaries.
3. Execute operations in accordance with the relevant provisions of the "Regulations Governing Establishment of Internal Control Systems by Public Companies."
4. Attend Board of Directors meetings to report on the execution status of the audit plan.
5. Based on the formulated audit plan, prepare audit reports with relevant attached documents to report identified deficiencies and improvement recommendations, and continuously track the improvement progress.
6. Other ad hoc audit tasks assigned.