Summary by Moomoo AI
Great Wall Motor Corporation released its 2023 Internal Control Assessment Report on March 28, 2024, based on the Enterprise Internal Control Fundamentals and its accompanying Guidelines, which is designed to reasonably assure the integrity of the Company's management of regulatory compliance, asset safety, financial reporting and related information, and to improve operational efficiency。 The report showed that as of December 31, 2023, Great Wall Motor had no significant internal control deficiencies in financial reporting and financial reporting internal controls were assessed as effective. At the same time, the company did not find a significant defect in internal controls for non-financial reporting. During the reporting period, Great Wall Motor performed a cause analysis and correction of the general internal control defects found and completed the correction prior to the reporting baseline date. In addition, the company conducted a detailed internal control assessment in terms of organizational structure, development strategy, human resources, social responsibility, etc., and disclosed full-year sales growth and sales of new energy vehicles in 2023, showing solid growth in the company's performance.