CITIC Bank Audit Committee 2025 Annual Performance Report Released, Enhancing Financial Oversight and Internal Control Management

MaticHoleFiller · 2026-03-23T07:21:37+00:00

The Board Audit Committee of CITIC Bank released its 2025 annual performance report, convening 8 meetings throughout the year and reviewing 26 proposals. It fully played its role in financial supervision and audit evaluation, assessed and renewed the engagement of KPMG Certified Public Accountants, and enhanced corporate governance and compliance management.

MaticHoleFiller

2026-03-23 07:21:37

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China Visitor Network Data
The Board Audit Committee of China CITIC Bank Corporation Limited recently released the 2025 Annual Performance Report. The report shows that the committee diligently fulfilled its duties in 2025, holding 8 meetings, reviewing and approving 26 proposals, and listening to 11 work reports. It played a key role in financial supervision, internal control, and internal and external audit evaluations.

In terms of core decision-making, the Audit Committee evaluated and approved the continued appointment of KPMG Accounting Firm (including KPMG Huazhen and KPMG) as the bank’s 2025 audit institution, believing they possess the necessary professional competence and independence. Throughout the year, the committee continuously supervised external audit work, maintaining full communication with the audit firm regarding the annual audit plan, semi-annual review, and annual audit conclusions.

Key data includes the review of all regular financial reports, such as the 2024 annual report, quarterly and semi-annual reports for 2025, as well as important documents like the 2024 internal control evaluation report and related-party transaction special report. The committee also approved revisions to the Audit Committee Meeting Rules and the consolidated management policy, among other internal systems.

Throughout the year, important meetings and review activities took place, including the March 2025 review of the appointment of the accounting firm, June and August discussions on the annual audit plan and semi-annual review, and the March 2026 review of the annual audit work summary.

The scope of influence covers several key areas of corporate governance. The Audit Committee effectively performed its supervisory and evaluative duties regarding financial information, internal control, and internal and external audits. It also exercised the supervisory powers of the board of supervisors as required by regulatory regulations, conducted annual performance evaluations of the board and senior management, and further strengthened the company’s oversight and compliance mechanisms.

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