Hainan Mining(SH:601969) Zheng Quan Zhi Xing·2025-03-25 12:28Core Viewpoint - The evaluation report indicates that the accounting firm, Shanghui, is qualified and capable of fulfilling its auditing responsibilities for Hainan Mining Co., Ltd. in 2024, maintaining independence and diligence in expressing opinions [7]. Group 1: Qualifications - Shanghui was established on December 27, 2013, and holds a valid practicing certificate approved by the Ministry of Finance, allowing it to conduct audits for A-share companies [1]. - The firm has registered for securities service business according to relevant regulations [1]. Group 2: Financial Performance - The total audited revenue for Shanghui in 2024 is RMB 683 million, with audit business revenue at RMB 479 million and securities business revenue at RMB 204 million [2]. - Shanghui has 72 listed company audit clients, with total audit fees for annual reports amounting to RMB 81 million [2]. Group 3: Professional Team - The chief partner of Shanghui is Zhang Xiaorong, with a total of 112 partners and 553 registered accountants, of which 185 have signed securities service audit reports [2]. - The signing project partner, Guo Xiuqi, has been providing audit services to the company since 2021, while the signing registered accountant, Wang Yuanyuan, has been with the firm since 2020 [2]. Group 4: Quality Control - Shanghui has implemented a comprehensive quality review process, including internal reviews and independent project quality reviews, ensuring the adequacy and appropriateness of audit procedures [5]. - The firm has established a monitoring and rectification committee responsible for overseeing the quality management system [5]. Group 5: Risk Management - Shanghui has developed internal management systems addressing risk assessment, governance, and ethical requirements, forming a complete quality management system [6]. - The firm has a professional insurance coverage of RMB 100 million and has not faced any civil lawsuits related to its professional conduct in the past three years [7]. Group 6: Overall Assessment - The evaluation concludes that Shanghui's qualifications are compliant and effective, ensuring independence and diligence in its auditing responsibilities for 2024 [7].