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China Communications Services Corporation Limited Annual Report 2015
CORPORATE GOVERNANCE REPORT
The internal control self-assessment was conducted under the supervision of the Company’s working group on risk management.
The Risk Management Department organized and coordinated the assessment of key processes conducted by the relevant
processes leading department, with each relevant department, in particular, the business department, coordinates this internal
control self assessment exercise, and tackles risk management issues from the sources. The implementation departments of the
control points in the processes participated in the assessment work. By vesting the control points within the processes to each
person-in-charge by the implementation department, thereby splitting the assessment work among specific staff in the control
points to ensure that the width and depth of the internal control assessment work comply with the requirements.
In response to the defects identified during the self assessment and internal auditing work, the Company enhanced the checking
and supervision on the internal control defects rectification so as to ensure the effectiveness of the rectification work. Each of the
provincial companies proactively rectified the defects identified during internal and external assessment.
The Board continued to monitor and supervise the Company’s risk management and internal control system, and conducted
annual review on the internal control system of the Company and its subsidiaries for the financial year ended 31 December 2015.
After receiving the report from the internal audit division as to the effectiveness of the relevant system, the Board considered that
the internal control system of the Company is stable, healthy, proper, effective and adequate, and has satisfied the requirements
under Rule C.2 of the Corporate Governance Code of the Hong Kong Stock Exchange regarding to the internal control.
