Fenglin Group(SH:601996) Zheng Quan Zhi Xing·2025-08-14 16:38Core Points - The document outlines the selection and appointment process for accounting firms by Guangxi Fenglin Wood Industry Group Co., Ltd, ensuring compliance with relevant laws and regulations [1][2][3] Group 1: General Provisions - The purpose of the selection system is to standardize the appointment of accounting firms, protect shareholder interests, and comply with national regulations [1] - The selection process includes hiring, reappointment, and dismissal of accounting firms, which must be approved by the board of directors and shareholders [1][2] Group 2: Quality Requirements for Accounting Firms - Selected accounting firms must meet specific qualifications, including necessary licenses, a solid organizational structure, a good reputation, and familiarity with relevant laws [1][3] Group 3: Selection Procedure - The selection process involves several steps, including the audit committee proposing qualifications, reviewing applications, and submitting recommendations to the board for approval [3][4] - The audit committee is responsible for ensuring a fair and competitive selection process, utilizing methods such as competitive negotiation and public bidding [3][4] Group 4: Responsibilities of the Audit Committee - The audit committee oversees the selection process, evaluates the qualifications of accounting firms, and submits annual performance reports to the board [2][3] - The committee must maintain records of evaluation criteria and ensure transparency throughout the selection process [3][4] Group 5: Supervision and Disclosure - The company must disclose information regarding the accounting firm, including service duration and audit fees, in its annual report [7] - Any significant changes in the accounting firm or audit team must be communicated to shareholders, along with reasons for such changes [7][6]