WXSJ(SH:603185) Zheng Quan Zhi Xing·2025-09-05 16:34Core Viewpoint - The article outlines the selection system for accounting firms at Hongyuan Green Energy Co., Ltd., aiming to standardize the hiring process, protect shareholder interests, and ensure the quality of financial information and audits [1][2]. Group 1: General Principles - The selection system is established to comply with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [1]. - The company must follow the established procedures for hiring accounting firms for auditing financial reports and internal controls [2]. Group 2: Selection Conditions - The accounting firms must meet specific criteria, including having independent qualifications and a good reputation in the industry [2]. - Firms should not have faced multiple administrative penalties for audit quality issues in the past three years [2]. Group 3: Selection Procedures - The Audit Committee is responsible for hiring or dismissing accounting firms and must follow a defined process [3]. - The selection process includes preparing documents, reviewing proposals, and obtaining approvals from the board and shareholders [4][5]. Group 4: Evaluation Criteria - Evaluation factors for accounting firms include audit fees, qualifications, past performance, and quality management systems [5][6]. - The quality management level must account for at least 40% of the evaluation score, while audit fees should not exceed 15% [6]. Group 5: Supervision and Reporting - The Audit Committee must evaluate the performance of the accounting firm annually and report to the board [7][10]. - Any significant issues or violations during the selection process must be reported to the board for appropriate action [10][11]. Group 6: Miscellaneous Provisions - The selection system will be effective upon approval by the shareholders' meeting and will be interpreted by the board of directors [13].