Shanghai Fudan Microelectronics Group Company Limited published a set of Implementation Rules for the Audit Committee of the Board, aimed at strengthening decision-making oversight and refining corporate governance. The rules specify that the committee shall comprise three to seven non-executive directors, with a majority being independent directors. An accounting professional among the independent directors shall act as the committee chair, leading the group in overseeing both internal and external audit work, evaluating financial disclosures, and monitoring internal controls.

In the published guidelines, the Audit Committee is tasked with proposing the appointment or dismissal of external auditors, supervising the internal audit system, reviewing financial reports, and ensuring the integrity of disclosure practices. The committee also holds authority to recommend convening emergency board and shareholder meetings if required. Meeting procedures stipulate regular gatherings at least four times a year and possible extraordinary sessions as needed, with resolutions passed by more than half of all committee members. All members must possess relevant professional expertise to fulfill these duties.

The document confirms that the Audit Committee reports directly to the Board. The Board will also provide necessary resources and personnel support, ensuring unobstructed communication with senior management and the external auditor. The rules are set to be implemented upon approval by the Board, with any amendments or clarifications subject to the same ratification process. According to the announcement, the company will disclose annual committee performance and meeting details in its periodic reports. The guidelines were issued in October 2025.