Annual Report 2019

76 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2019 Corporate Governance Report 企業管治報告 • Completed internal control review of key business processes of each business segment and department; • Completed the trial run of the risk identification on key risk indicators (“ KRI ”) in each business segment and department; • Monitored the operating results of the KRI per month and gave a timely warning on the indicator results; • Monitored the implementation of the response measures of the monitor risks per month and revised the response plan in a timely manner; • Completed the implementation of the annual risks and the KRI checking; • Optimized the assessment criteria of the risk management and a risk list database; • Collected the major risk events in each business segment and department per month and formed a risk event database; and • Held the annual conclusion meeting of risk management and commenced the self-evaluation of risk management for 2020. Risk Management Policy Framework Effective risk management and internal control systems are critical in achieving the Group’s strategic objectives. The Group has established a risk management policy framework, which is approved by the Board and the Audit Committee, and executed by the Risk Management Group. It authorizes the Group to mandates a consistent and effective approach applied across the Group to fully manage the risks associated with strategies, financing, operations, market and laws. • 完成各事業分部和部門重點業務流程內控 審閱； • 完成各事業分部和部門關鍵風險指標 （「 KRI 」）識別試運行工作； • 每月監控關鍵風險指標運行結果，並對指 標結果進行及時預警； • 每月監控風險應對措施落實情況，並及時 修訂應對計劃； • 完成年度風險落實情況核查及 KRI 盤點工 作； • 優化風險管理評估標準及風險清單庫； • 每月收集各事業分部和部門重要風險事 件，並形成風險事件庫；及 • 召開風險管理年度總結會議，啟動二零二 零年風險管理自評。 風險管理政策框架 有效的風險管理及內部監控系統對實現本集團 的戰略目標至關重要。本集團己制定風險管理 政策框架，由董事會及審核委員會通過，並由 風險管理工作小組執行，授權本集團採用貫徹 一致及有效的方針，充分管理與戰略、財務、 運營、市場及法律相關的風險。