HJT(SH:603577) Zheng Quan Zhi Xing·2025-03-24 09:12Core Viewpoint - The report evaluates the performance of Deloitte Huayong as the auditor for Qingdao Huijintong Electric Equipment Co., Ltd. for the year 2024, concluding that Deloitte Huayong meets compliance and independence standards while demonstrating diligence and fairness in its opinions [1][2]. Group 1: Auditor Qualifications - Deloitte Huayong, established in February 1993, is a special general partnership with a registered address in Shanghai and holds a valid practicing certificate approved by the Ministry of Finance [1]. - The firm has extensive experience in securities services, having provided audit services for 58 listed companies in 2023, with total audited business revenue of RMB 4.1 billion, including RMB 3.2 billion from audit services and RMB 600 million from securities services [2]. Group 2: Personnel Information - The project partner and signing CPA, Wang Lixin, has nearly 20 years of professional service experience and will provide audit services starting in 2024 [3]. - Another signing CPA, Zhang Zhuo, has over 10 years of experience, while the quality control reviewer, Yin Lili, has nearly 20 years of experience in the securities service industry [3]. Group 3: Integrity Records - The project partner and signing CPAs have not faced any criminal or administrative penalties in the past three years, nor have they been subject to regulatory measures from securities supervision authorities [4]. Group 4: Quality Management Level - Deloitte Huayong has established a comprehensive quality management system in compliance with legal and professional standards, ensuring the effective execution of audit responsibilities [4][5]. - The firm implements a partner-led audit delivery model to enhance audit quality and has a clear mechanism for resolving disagreements among team members [5][6]. Group 5: Project Quality Review - The firm has a structured internal review process, including detailed reviews of work papers and quality assessments by qualified personnel independent of the audit team [6][7]. Group 6: Risk Management and Insurance - Deloitte Huayong has a professional liability insurance coverage exceeding RMB 200 million, ensuring investor protection [10]. Group 7: Change of Auditor - The company has decided to change its auditor from Zhongtianyun to Deloitte Huayong to enhance the independence and objectivity of the audit process, following a thorough communication process with the previous auditor [12].