YSDZ(SZ:002289) Quan Jing Wang·2026-01-27 06:30Core Viewpoint - *ST Yushun (002289.SZ) has announced the appointment of Huaxing Accounting Firm as its auditor for the 2025 financial report and internal control audit, replacing Shenzhen Zhengyi Accounting Firm due to concerns over audit independence [1][3]. Group 1: Audit Firm Change - The change in audit firms is primarily in response to regulatory requirements regarding audit independence, as the fees paid to the previous auditor could exceed 15% of its estimated total revenue for 2025, potentially affecting its independence [1]. - The previous auditor, Shenzhen Zhengyi Accounting Firm, has not yet signed an audit service agreement for 2025, and the audit work has not commenced [1]. Group 2: New Auditor's Qualifications - Huaxing Accounting Firm, established in December 2013, has over 10 years of experience and has been qualified to provide audit services to listed companies since November 2020 [2]. - As of the end of 2024, Huaxing has 71 partners and 346 registered accountants, with 182 having signed securities service audit reports, indicating a well-equipped core audit team [2]. - In 2024, Huaxing's audited total revenue was 370 million yuan, with audit business revenue at 356 million yuan and securities business revenue at 197 million yuan [2]. Group 3: Decision-Making Process - The decision to change auditors followed a strict internal decision-making process, with the audit committee of *ST Yushun conducting thorough research on Huaxing's qualifications and independence [3]. - The board of directors approved the change with a unanimous vote, and the decision will be submitted for review at the first extraordinary shareholders' meeting in 2026 [3]. - This change is seen as a rational choice for *ST Yushun, aligning with regulatory requirements while bringing in a more professional auditing firm to support future audit work [3].