We established the Audit Committee on 27th May, 2022.

The audit committee intends to assist the board of directors in overseeing the quality and integrity of the company's accounting, auditing, and financial reporting processes and financial controls. Matters to be deliberated by the audit committee include:

•Hold quarterly audit committee meetings to supervise the company's financial and business conditions and internal control system

•Review of financial reports

•Evaluate the effectiveness of the internal control system:

The audit committee evaluates the effectiveness of the Company's internal control systems, policies, and procedures (including financial, operational, risk management, information security, compliance, and other control measures) and then reviews the regular reports submitted by the audit department and the registered public accountant and management.

•Other major issues stipulated by the company or the competent authority

Internal Audit Department：An independent unit reports directly to the Board of Directors.
There are four full time employees dedicated to Internal Audit, including one director and three staff members.
Majority and Function:
1. The majority of the Audit Unit is mainly executing according to a regular annual audit plan approved by the Board of Directors and auditing special projects if necessary. The execution provides the management that the functioning of the internal control system with feedback is accordingly.
2. The internal auditors report their audit operations to the Board of Directors , each supervisor on a regular basis and trace improvements to provide a basis for review and correction, with the overall goal of achieving operation within the Company.
3. The Audit Unit which supplements the Company to review activities with documented self-assessments by respective divisions and supervises to it that these activities do take place and reviews the submissions, consolidates the results of the self-assessments as the main references for the Board of Directors and the CEO in evaluating the overall effectiveness of the internal control system and issuing the Internal Control System Statement.
4. According to Zippy internal audit implementation rules approved by board of directors, appointment, dismissal, evaluation and review, salary and compensation of internal auditors shall be submitted by the chief auditor to the board chairperson for approval.