MAYAIR(SH:688376) Zheng Quan Zhi Xing·2025-09-03 11:17Core Viewpoint - The company plans to change its auditing firm from Ernst & Young Hua Ming to KPMG Huazhen for the 2025 fiscal year, following a thorough selection process and communication with both firms [1][6][8] Group 1: Change of Auditing Firm - The new auditing firm will be KPMG Huazhen, while the previous firm was Ernst & Young Hua Ming, which provided services for six consecutive years [1][2] - The change is based on the company's business development needs and the requirements for overall audit quality, as per relevant regulations [6][7] - Both the audit committee and the board of directors have no objections to the proposed change [2][7] Group 2: KPMG Huazhen's Profile - KPMG Huazhen was established on August 18, 1992, and became a special general partnership in 2012 [2] - The firm has 241 partners and 1,309 registered accountants, with over 300 accountants having signed securities service audit reports [2][3] - KPMG Huazhen's audited revenue for 2024 exceeded RMB 4.1 billion, with audit service revenue surpassing RMB 4 billion [2][3] Group 3: Audit Fees and Services - The proposed audit fee for the company's 2025 financial report is RMB 2,260,000, with an additional RMB 220,000 for internal control audits, reflecting an increase from the previous year [6][7] - KPMG Huazhen has audited 127 listed companies in 2024, with total audit fees amounting to approximately RMB 682 million [3][6] Group 4: Compliance and Communication - The company has communicated with both Ernst & Young Hua Ming and KPMG Huazhen regarding the change, and both firms have acknowledged the matter without objections [6][8] - The change in auditing firm is subject to approval at the company's first extraordinary general meeting of shareholders in 2025 [8]