hbky(SH:600985) Zheng Quan Zhi Xing·2025-08-26 16:35Core Points - The article outlines the management system for selecting, renewing, and changing accounting firms for Huabei Mining Holding Co., Ltd, aiming to enhance financial information quality and protect shareholder interests [1][14] - The selection process must comply with relevant laws and regulations, including the Company Law and Accounting Law of the People's Republic of China [1][14] Group 1: General Provisions - The company must appoint an accounting firm to audit financial reports and internal controls, ensuring the firm meets specific qualifications [1][2] - The selection and dismissal of accounting firms require approval from the Audit Committee, the Board of Directors, and the Shareholders' Meeting [1][2] Group 2: Quality Requirements for Accounting Firms - Selected accounting firms must possess independent civil liability, necessary qualifications, and a good reputation for audit quality [1][2][3] - Firms must have a solid organizational structure, confidentiality measures, and familiarity with relevant financial laws and regulations [1][2][3] Group 3: Selection Methods and Evaluation Standards - The company can use competitive negotiation, public bidding, or invitation bidding to select accounting firms [2][3] - Evaluation criteria for accounting firms include audit fees, qualifications, past performance, quality management, and resource allocation [3][4] Group 4: Selection Procedures - The Audit Committee is responsible for the selection process, including drafting policies, reviewing selection documents, and proposing candidates to the Board of Directors [5][6] - The selection process must be transparent, with public disclosure of the selected firm and audit fees [2][5] Group 5: Renewal and Change of Accounting Firms - The Audit Committee evaluates the performance of the accounting firm annually and can propose renewal if the evaluation is positive [6][7] - Continuous appointment of the same accounting firm is limited to a maximum of eight years, extendable to ten years under specific conditions [7][8] Group 6: Supervision and Penalties - The Audit Committee must monitor situations that may indicate issues with the accounting firm, such as frequent changes or significant fee fluctuations [9][10] - Serious violations by the accounting firm can lead to termination of the contract and potential penalties for responsible individuals [10][11] Group 7: Information Security and Document Management - The company must ensure information security and confidentiality during the selection process, with specific clauses in contracts to protect sensitive information [12][13] - All documents related to the selection process must be archived for at least ten years [12][13]