Dividends or other sums to holders in RMB
=
The mean of the exchange rates for each unit of the foreign currency against RMB as announced by the People’s Bank of China for the calendar week preceding the date on which such dividends or other sums to
holders are declared by the Company
Article 273 The Company shall implement an internal audit system, and shall establish an internal audit department or retain auditors to conduct internal audit of its income and expenditure and financial activities under the supervision of the supervisory committee.
Article 274 The internal audit system and the terms of reference of the auditors are implemented under the approval of the Board. The auditors are required to report to the Board.
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CHAPTER 17 APPOINTMENT OF ACCOUNTANT FIRM
Article 275 The Company shall appoint an independent accountant firm which is qualified under the relevant regulations of the State to audit the Company’s annual report and review the Company’s other financial reports.
The first accountant firm of the Company may be appointed by the inaugural meeting of the Company before the first annual general meeting. The accountant firm so appointed shall hold office until the conclusion of the first annual general meeting.
If the inaugural meeting fails to exercise its powers under the preceding paragraph, those powers shall be exercised by the Board of Directors.
Article 276 The accountant firm appointed by the Company shall hold office from the conclusion of the annual general meeting until the conclusion of the next annual general meeting, and the appointment may be renewed.
Article 277 The accountant firm appointed by the Company shall have the following rights:
(1) A right to inspect the books, records and vouchers of the Company at any time, the right to require the directors, president, vice president or other senior administrative officers of the Company to supply relevant information and explanation;
(2) A right to require the Company to take all reasonable steps to obtain from its subsidiaries such information and explanation as are necessary for the purpose of discharging its duties;
(3) A right to attend shareholders’ general meetings and to receive all notices of, and other communications relating to, any shareholders’ general meeting which any shareholder is entitled to receive, and to speak at any shareholders’ general meeting in relation to matters concerning its role as the Company’s accountant firm.
Article 278 The company shall provide true and complete accounting evidences, books, financial and accounting reports and other accounting data to the accountant it hires without any refusal, withholding and false information.
Article 279 If there is a vacancy in the position of auditor of the Company, the Board may engage an accounting firm to fill such vacancy before the convening of the shareholders’ general meeting. Any other accountant firm which has been engaged by the Company may continue to act during the period during such a vacancy exists.
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Article 280 Notwithstanding the stipulations in the contract between the Company and the accountant firm, the shareholders in shareholders’ general meeting may by ordinary resolution remove an accountant firm before the expiration of its term of office, but without prejudice to the firm’s right to claim, if any, for damages in respect of such removal.
Article 281 The remuneration of an accountant firm or the manner in which such firm is to be remunerated shall be determined by the shareholders in shareholders’ general meeting. The remuneration of an accountant firm appointed by the Board of Directors shall be determined by the Board of Directors. 中國航空網 www.k6050.com 航空翻譯 www.aviation.cn 本文鏈接地址：Articles of Association of China Southern Airlines Company L(52)
