jiangsu leili(SZ:300660) Zheng Quan Zhi Xing·2025-07-23 16:14Core Viewpoint - The document outlines the selection and management procedures for accounting firms engaged in auditing financial statements for Jiangsu Leili Electric Motor Co., Ltd, aiming to enhance the quality of financial information disclosure [1][2][3]. Group 1: General Principles - The selection of accounting firms must comply with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [1]. - The selection process requires approval from the Board of Directors and the Shareholders' Meeting after review by the Audit Committee [1][2]. - The controlling shareholders and actual controllers are prohibited from interfering in the selection process before the Board and Shareholders' Meeting [1] Group 2: Conditions for Selection - Selected accounting firms must possess independent legal status and necessary qualifications as per regulatory requirements [1]. - Firms must have a fixed workplace, sound organizational structure, and robust internal management systems [1]. - They should demonstrate good professional ethics, quality records, and compliance with relevant laws and regulations [1][2]. Group 3: Selection Procedures - The Audit Committee is responsible for the selection process, including developing policies and evaluating candidates [2][3]. - The selection process involves competitive negotiation, public bidding, or other methods to ensure fairness [3]. - The Audit Committee must conduct a thorough review of the qualifications and performance of the accounting firms [3][4]. Group 4: Reappointment and Dismissal - The Audit Committee must evaluate the performance of the accounting firm before reappointment and submit a report to the Board [4][5]. - The company can only change accounting firms under specific circumstances, such as significant quality defects or inability to meet deadlines [5][6]. - A 30-day notice is required before dismissing or not renewing the contract with an accounting firm [5][6]. Group 5: Supervision and Penalties - The Audit Committee is tasked with supervising the selection process and ensuring compliance with laws and internal regulations [6][7]. - Any violations by the accounting firm can lead to penalties, including dismissal and financial liability for responsible individuals [7][8]. - The company must maintain proper documentation of the selection and evaluation processes for at least ten years [6].