“A股大所”负责人疑失联

Core Viewpoint - The resignation of independent director Yang Xiong from three listed companies has raised concerns about his alleged disappearance, which has implications for Beijing Dehao International, the auditing firm he leads [1][2][4]. Group 1: Resignation and Background - Yang Xiong, aged 59, has over 30 years of experience in the accounting industry and has held key management positions in various firms before becoming the executive partner at Beijing Dehao International [2][5]. - In a short span, Yang resigned from his roles as an independent director at three companies, citing "personal reasons" [2][3]. - His absence from board meetings, particularly the lack of communication leading to his resignation, has been noted as unusual and concerning [3][4]. Group 2: Impact on Auditing and Companies - Beijing Dehao International is responsible for auditing over 120 companies in the A-share market for the 2024 fiscal year, ranking 13th among accounting firms, with audit fees exceeding 190 million yuan [1]. - Despite the ongoing concerns regarding Yang's status, ST Changyuan has decided to retain Beijing Dehao International as its auditing firm for the 2025 fiscal year, which has drawn scrutiny given the internal control issues faced by the company [1][6][7]. - The decision by ST Changyuan's board to hire Beijing Dehao International was contentious, with some directors opposing the move due to the firm's past regulatory warnings [7][9]. Group 3: Governance and Future Considerations - The governance issues at ST Changyuan have been longstanding, with previous financial discrepancies reported, raising questions about the quality of audits conducted by firms associated with Yang [8][11]. - There are uncertainties regarding Yang's current status and whether it could affect Beijing Dehao International's compliance with bidding requirements, potentially impacting the company's audit quality and timeliness [11][12]. - Investors are concerned that despite the board's approval of the auditing firm, the final decision requires shareholder approval, which may lead to reconsideration of the appointment given the current uncertainties surrounding Yang [11].