Qingdao Gaoce(SH:688556) Zheng Quan Zhi Xing·2025-07-11 16:26Core Viewpoint - The company intends to appoint Ernst & Young Huaming as its auditor for the fiscal year 2025, highlighting the firm's qualifications and experience in providing audit services to listed companies in various industries [1][5][6]. Group 1: Auditor Information - Ernst & Young Huaming was established in September 1992 and transitioned to a special partnership in August 2012, with its headquarters located in Beijing [1]. - As of the end of 2024, Ernst & Young Huaming has 251 partners and over 1,700 certified public accountants, with more than 1,500 having experience in securities-related services [1][2]. - The firm reported total audited business revenue of RMB 5.71 billion for 2024, with RMB 2.37 billion coming from securities-related services [2]. Group 2: Client and Industry Engagement - Ernst & Young Huaming audited 155 A-share listed companies in 2024, generating a total fee of RMB 1.19 billion, with clients spanning manufacturing, finance, wholesale and retail, mining, and information technology sectors [2]. - Among the audited companies, 86 are in the same industry as Qingdao High Test Technology Co., Ltd [2]. Group 3: Compliance and Quality Control - The firm has not faced any criminal or administrative penalties in the past three years, with only three supervisory measures and one self-regulatory measure recorded [3][4]. - The project partners and signing accountants have maintained a clean record, with no penalties affecting their ability to perform securities services [4]. Group 4: Audit Fee Determination - Audit fees will be determined based on the responsibilities and professional services required, considering the experience and level of the audit staff involved [5]. - The board of directors has proposed to authorize management to negotiate the audit fees with Ernst & Young Huaming based on the specific workload and market price levels [5]. Group 5: Approval Process - The audit committee has reviewed and approved the proposal to reappoint Ernst & Young Huaming, confirming its qualifications and ability to provide necessary audit services [5][6]. - The proposal will be submitted to the shareholders' meeting for final approval, and it will take effect upon approval [6].