Aokanginternational(SH:603001) 券商中国·2025-11-11 23:53Core Viewpoint - The independence of auditors is a cornerstone of the capital market, and recent violations have raised concerns about the integrity of audit practices [1][6]. Group 1: Violation Details - Auditor Zhang Mouci, responsible for the 2024 audit report of Zhejiang Aokang Footwear Co., Ltd., was found to have illegally traded Aokang International stocks, violating Article 42 of the Securities Law [2][5]. - The Securities Law prohibits auditors from trading the securities of companies they are auditing during the underwriting period and for six months thereafter [2][5]. - Zhang Mouci has a long history in the profession, having obtained his CPA qualification in 2009 and previously issued a non-standard audit opinion for Aokang International's 2022 report, leading to risk warnings for the company [2][4]. Group 2: Market Impact - Following the removal of the non-standard audit opinion on June 26, 2024, Aokang International lifted its risk warning, changing its stock trading limit from 5% to 10% and its name from "ST Aokang" to "Aokang International" [3]. - Aokang International's stock price reached 8.87 yuan per share, reflecting a 28% increase this year, with a notable rise from 4.27 yuan on April 9 to a peak of 10.63 yuan in August [4]. Group 3: Industry Implications - The incident highlights the critical importance of auditor independence in maintaining audit quality and the health of the capital market [6]. - Experts emphasize that auditors must strictly adhere to regulations prohibiting stock ownership in audited companies to avoid conflicts of interest [6][7]. - Similar cases of auditor independence violations have occurred, indicating a broader issue within the industry regarding compliance with independence regulations [7].