财政部、证监会，共同发布！

Core Viewpoint - The Ministry of Finance and the China Securities Regulatory Commission (CSRC) have announced the addition of two qualified accounting firms to the list of firms authorized to conduct audits for H-share companies, aiming to enhance cooperation between the accounting sectors of mainland China and Hong Kong, reduce listing costs for mainland enterprises, and promote connectivity between the two capital markets [1][6]. Group 1: Requirements for Inclusion - Accounting firms wishing to join the H-share audit list must meet several basic requirements, including completion of securities service business filing, specific revenue levels, and a sufficient number of registered accountants [2][3]. - The revenue and audit income will be based on the audited financial statements for the year 2024, and firms with overseas branches can consolidate their income from these branches [2][3]. Group 2: Evaluation Criteria - In addition to basic requirements, the Ministry of Finance and CSRC will prioritize firms with high levels of information technology in practice, strong risk management capabilities, and significant audit experience in Hong Kong [3][5]. - Firms must submit detailed partner/shareholder information and documentation regarding their Hong Kong branches as part of the application process [3][5]. Group 3: Management and Oversight - A dedicated committee will oversee the addition of firms to the H-share audit list, ensuring a transparent and fair process [4][5]. - The committee will consist of officials from the Ministry of Finance and CSRC, and will follow a structured process for reviewing applications, including public notice and on-site evaluations [4][5]. Group 4: Dynamic Management of the List - The inclusion on the list is not permanent; the Ministry of Finance and CSRC will conduct annual evaluations to ensure compliance with the requirements, and firms that no longer meet the criteria may be removed from the list [5][6]. - The auditing projects for H-share companies will be included in annual quality checks conducted by provincial finance departments [5][6]. Group 5: Historical Context and Significance - The mechanism for recommending accounting firms for H-share audits has been in place since December 2010, initially including 12 firms, which has effectively reduced costs for mainland companies seeking to list in Hong Kong [6][7]. - The update to the list is significant due to changes in the status of some original firms, ensuring that the list reflects current capabilities and compliance [6][7].