Core Viewpoint - The audit committee of Shanghai Jinlitai Chemical Co., Ltd. has conducted an evaluation of the performance of the accounting firm for the year 2024, highlighting the appointment of Zhongxinghua Accounting Firm and the audit results, including the issuance of an audit report with a disclaimer of opinion on the financial statements and a negative opinion on internal controls [1][3]. Group 1: Basic Information of the Accounting Firm - Zhongxinghua Accounting Firm, established in 1993, is headquartered in Beijing and has 199 partners and 1,052 registered accountants as of December 31, 2024 [1]. - The firm had 522 registered accountants who signed audit reports for securities services in 2024 [1]. Group 2: Appointment Process of the Accounting Firm - The company held a series of meetings in December 2024, including the eighth board meeting and the first temporary shareholders' meeting, to approve the appointment of Zhongxinghua Accounting Firm for the 2024 financial report and internal control audit [2]. - The audit committee unanimously agreed to submit the proposal for the appointment to the board, with independent directors expressing their consent [2]. Group 3: Audit Performance of the Accounting Firm - Zhongxinghua conducted the audit in accordance with the auditing standards and communicated with the company's management regarding various aspects of the audit, including independence, audit team composition, risk assessment, and internal control [2]. - The firm issued a disclaimer of opinion on the financial statements and a negative opinion on the internal controls, along with special reports on non-operating fund occupation and related party transactions [3]. Group 4: Supervision by the Audit Committee - The audit committee reviewed the qualifications and professional capabilities of Zhongxinghua, concluding that the firm met the requirements for the annual audit and that the reasons for changing the accounting firm were appropriate [3]. - The committee emphasized the importance of timely and accurate reporting by the accounting firm and maintained effective communication throughout the audit process [5]. Group 5: Overall Evaluation - The audit committee adhered to relevant regulations and effectively supervised the accounting firm's performance, ensuring an independent and objective audit of the company's financial status and internal controls [5]. - The committee recognized Zhongxinghua's commitment to fair and objective auditing practices, reflecting good professional ethics and business quality [5].

Core Points - The implementation rules for the Audit Committee of Huawai Technology Co., Ltd. aim to enhance the decision-making function of the board and ensure effective supervision of the management team [1][2] - The Audit Committee is composed of three directors who are not senior management, with a majority being independent directors [2][3] - The Audit Committee's main responsibilities include reviewing financial information, supervising internal and external audits, and ensuring compliance with laws and regulations [5][6] Group 1: General Provisions - The Audit Committee is established to strengthen the board's decision-making and oversight capabilities [1] - The committee operates under the authority granted by the board and is responsible for submitting proposals for board review [1][2] Group 2: Composition and Qualifications - The committee must have a chairperson who is an independent director with accounting expertise [2][3] - Members must possess sufficient professional knowledge and experience to fulfill their duties effectively [2][3] Group 3: Responsibilities and Authority - The Audit Committee is responsible for reviewing financial reports, supervising audits, and ensuring the accuracy of financial disclosures [5][6] - The committee has the authority to inspect the company's finances and supervise the actions of directors and senior management [12][20] Group 4: Meeting Procedures - The Audit Committee must meet at least quarterly, with additional meetings called as necessary [16][30] - A quorum requires the presence of at least two-thirds of the members [36] Group 5: Reporting and Disclosure - The company must disclose the Audit Committee's annual performance and any significant issues identified during its oversight [50][51] - The committee's recommendations that are not adopted by the board must be disclosed along with the reasons [52]

Core Viewpoint - The legal opinion letter from Beijing Dentons (Fuzhou) Law Firm confirms the legality of the procedures and results of the 2024 annual general meeting of shareholders for Crown City New Materials Co., Ltd. [1][2][8] Group 1: Meeting Procedures - The annual general meeting was proposed and convened by the board of directors, with the notice and proposal content announced on June 7, 2025 [3]. - The meeting was conducted through a combination of on-site and online voting, held at Crown City Plaza [3][4]. - The meeting adhered to the relevant laws, regulations, and the company's articles of association regarding the convening and holding procedures [3][4]. Group 2: Attendance and Voting - A total of 315 participants attended the meeting, representing 515,722,368 shares, which is 37.83% of the total voting shares [4]. - Online voting involved 312 shareholders, representing 27,120,906 shares, accounting for 1.99% of the total voting shares [4]. - The qualifications of the attendees and the convenor were confirmed to be valid and in compliance with legal requirements [5]. Group 3: Proposals and Voting Results - The meeting included seven proposals for voting, which were consistent with the notice provided [6][8]. - The voting results showed that all proposals were approved, with significant support for the annual reports and financial statements [6][7]. - Specific proposals required separate voting for minority investors, which also passed successfully [7][8].

Audit Opinion - The audit report states that the financial statements of Anhui Yingjia Distillery Co., Ltd. fairly reflect its financial position as of December 31, 2024, in accordance with accounting standards [1]. Key Audit Matters - Inventory existence, valuation, and allocation are identified as key audit matters due to the significant value of inventory, which amounts to 5,043.14 million yuan, representing 37.67% of total assets and 51.15% of current assets [2]. - Revenue recognition is also a key audit matter, as the company recognizes revenue when control of the product is transferred to the customer, which poses a risk of fraud [3]. Audit Procedures - For inventory, the audit procedures included understanding the cost accounting and inventory control processes, conducting inventory counts, analyzing inventory turnover, and performing impairment tests [2][3]. - For revenue recognition, the audit procedures involved evaluating internal controls, reviewing sales contracts, checking shipping documents, and performing analytical procedures to ensure compliance with accounting standards [3][4]. Management Responsibilities - Management is responsible for preparing financial statements in accordance with accounting standards and maintaining effective internal controls to prevent material misstatements due to fraud or error [5]. Auditor Responsibilities - The auditor's goal is to obtain reasonable assurance that the financial statements are free from material misstatement, whether due to fraud or error, and to issue an audit report that includes an opinion [6][7].

General Provisions - The company establishes an Audit Committee to enhance the decision-making function of the Board of Directors, ensuring effective supervision of the management team and improving corporate governance structure [1][2] - The Audit Committee is responsible for communication, supervision, and verification of internal and external audits, reporting directly to the Board of Directors [1][2] Composition of the Committee - The Audit Committee consists of three directors, with at least two being independent directors and one being a professional in accounting [5][6] - The committee members are nominated by the Chairman or a majority of independent directors and elected by the Board [5][6] Responsibilities and Authority - The Audit Committee is tasked with reviewing financial information, supervising internal and external audits, and ensuring the integrity of financial reporting [5][6] - The committee must meet at least quarterly and can convene additional meetings as necessary [5][15] - It is responsible for evaluating the work of external auditors and internal audit departments, and for coordinating communication between management and auditors [5][6] Meeting Procedures - The Audit Committee meetings can be held in person or via remote communication, with a minimum attendance of two-thirds of members required for valid proceedings [15][16] - Meeting notifications must be sent out in advance, detailing the agenda and relevant materials [16][19] Voting and Decision-Making - Decisions made during meetings require a majority vote from the members present, and members with conflicts of interest must abstain from voting [22][24] - The committee's resolutions and voting results must be documented and reported to the Board [28][29] Implementation and Amendments - The implementation rules for the Audit Committee take effect upon approval by the Board of Directors, and any amendments must comply with national laws and the company's articles of association [30][31][15]

Audit Opinion - The audit opinion states that the financial statements of Jiangsu Litong Electronics Co., Ltd. fairly reflect the company's financial position as of December 31, 2024, and its operating results and cash flows for the year 2024 [2]. Key Audit Matters - Revenue recognition is identified as a key audit matter due to inherent risks associated with improper revenue recognition to meet specific targets. The company's revenue for 2024 primarily comes from the sales of precision metal stamping components, electronic components, and computing services [3][4]. - Long-term asset impairment is another key audit matter, as the book value of fixed assets, construction in progress, and right-of-use assets collectively accounts for 49.17% of total assets as of December 31, 2024. The impairment testing involves significant management judgment and estimates [4][5]. Financial Statements Overview - The company’s financial statements are prepared based on the going concern assumption, indicating no significant doubts about its ability to continue operations for the next 12 months [10]. - The company’s registered capital is RMB 259.93 million, with a total of 259.93 million shares, and its stock has been listed on the Shanghai Stock Exchange since December 24, 2018 [10]. Accounting Policies - The company adheres to the Chinese Accounting Standards, ensuring that the financial statements provide a true and complete reflection of its financial status, operating results, and cash flows [11]. - The company uses the weighted average method for inventory valuation and recognizes inventory at the lower of cost or net realizable value [28]. Financial Performance - The company’s revenue for the year 2024 is primarily derived from its core business activities, including the sale of precision metal components and electronic components, as well as computing services [3][4].

Core Points - The article outlines the operational guidelines for the Audit Committee of Beijing Jinchengzi Technology Co., Ltd, emphasizing the importance of effective supervision and internal control [2][3]. Group 1: Committee Structure and Responsibilities - The Audit Committee is a specialized committee under the Board of Directors, responsible for overseeing external and internal audits, ensuring compliance with laws and regulations, and enhancing corporate governance [2][3]. - The committee consists of three directors, with a majority being independent directors, and at least one member must be a professional accountant [2][3][4]. - The committee is tasked with reviewing financial reports, ensuring their authenticity and completeness, and addressing any significant accounting issues or potential fraud [3][4]. Group 2: Meeting Procedures - The Audit Committee must hold at least one meeting per quarter, with additional meetings called as necessary [5][6]. - A quorum requires the presence of two-thirds of the committee members, and decisions are made by a majority vote [7]. - Meeting records must be maintained, and confidentiality regarding discussed matters is mandatory for all members [7][8]. Group 3: Training and Evaluation - The company is responsible for providing necessary training to committee members to ensure they are equipped with relevant legal, accounting, and regulatory knowledge [2][3]. - The Board of Directors is required to regularly evaluate the independence and performance of the Audit Committee members [2][3]. Group 4: Authority and Reporting - The Audit Committee has the authority to recommend the hiring or replacement of external auditors and to review their fees and terms of engagement [3][4]. - The committee must report its findings and recommendations to the Board of Directors, ensuring transparency and accountability [3][4].

Group 1 - BYD's General Manager Li Yunfei addressed recent controversies regarding "atmospheric pressure fuel tanks" and "car circle Evergrande," stating that the atmospheric pressure fuel tank solution used from 2021 to 2023 complies with regulations. Customer feedback led to a switch to high-pressure fuel tanks [1] - The company faced malicious reports from a competitor regarding high debt ratios and financial audits, which were confirmed to be unfounded by regulatory investigations [1] Group 2 - Avita announced that its cumulative sales have surpassed 150,000 units, with an average selling price exceeding 270,000 yuan [3] - In May, the promotional intensity for new energy vehicles decreased to a mid-high level of 11%, reflecting a 1.6 percentage point increase from the previous month, indicating a market recovery and reduced pressure from price wars [4]

Core Points - The article outlines the working rules of the Audit Committee of Shanghai Chengdi Xiangjiang Data Technology Co., Ltd, emphasizing the importance of internal control and corporate governance [2][3] Group 1: General Provisions - The Audit Committee is established by the Board of Directors to enhance internal control and improve corporate governance structure [2] - The committee is responsible for communication, supervision, and verification of both internal and external audits [2] Group 2: Composition of the Audit Committee - The Audit Committee consists of three directors, with a majority being independent directors, and at least one member must be a professional accountant [3] - The committee members must possess the necessary professional knowledge and experience to effectively supervise and evaluate audit work [3] Group 3: Responsibilities and Authority - The Audit Committee's responsibilities include supervising external audit work, evaluating internal audit, reviewing financial information, and ensuring effective internal controls [9][10] - The committee has the authority to propose the hiring or replacement of external auditors and to review financial reports for accuracy and completeness [11][12] Group 4: Meeting Procedures - The Audit Committee must meet at least quarterly, and meetings require the presence of two-thirds of the members to be valid [24] - Decisions made during meetings must be approved by a majority of the committee members, and meeting records must be maintained for ten years [34][36] Group 5: Reporting and Disclosure - The Audit Committee is required to report its annual performance to the Shanghai Stock Exchange alongside the company's annual report [7] - If the Board of Directors does not adopt the committee's recommendations, the company must disclose the reasons for this decision [28]

Core Viewpoint - The article outlines the work regulations of the Audit Committee of Anhui Liuguo Chemical Co., Ltd., emphasizing the importance of governance structure and the quality of information disclosure in the annual report preparation and auditing process [1][2][3]. Group 1: Responsibilities and Procedures - The Audit Committee is responsible for actively fulfilling its duties and ensuring diligent oversight during the annual financial report audit process [1]. - The timing of the annual financial report audit work is to be determined through consultation between the Audit Committee and the accounting firm responsible for the audit [1]. - The Audit Committee must urge the accounting firm to submit the audit report within the agreed timeframe and document the methods, frequency, results, and responsible personnel's signatures [1]. - Prior to the arrival of the annual audit accountant, the Audit Committee is required to review the financial statements prepared by the company and provide written opinions [1]. - After the initial audit opinion is issued by the annual audit accountant, the Audit Committee should review the financial statements again and provide a written opinion [2]. Group 2: Decision-Making and Communication - The Audit Committee is to vote on the annual financial audit report, form a resolution, and submit it to the Board of Directors for review, along with a summary report from the accounting firm and a decision on reappointment or replacement for the next year [2]. - The company is generally not allowed to change the annual audit accounting firm during the audit period; if necessary, the Audit Committee must evaluate both the previous and proposed firms and provide opinions based on sufficient reasoning [2]. - When reappointing the annual audit accounting firm, the Audit Committee must conduct a comprehensive evaluation of the firm's performance and quality, submitting a positive opinion to the Board of Directors for approval [2][3]. Group 3: Confidentiality and Reporting - During the preparation and review of the annual report, members of the Audit Committee are obligated to maintain confidentiality and prevent any leaks or insider trading violations before the report is disclosed [3]. - The financial officer of the company is responsible for coordinating communication between the Audit Committee and the accounting firm, ensuring necessary conditions for the Committee to fulfill its responsibilities [3]. - Any communication, evaluation opinions, and suggestions regarding the aforementioned matters must be documented in writing and reported to the local securities regulatory authority within three working days after the shareholders' meeting resolution is disclosed [3].