1月27日，*ST宇顺(002289.SZ）发布公告，拟聘任华兴会计师事务所（特殊普通合伙）（以下简称"华 兴会计师事务所"）作为公司2025年度财务报告及内部控制审计机构，以替代原审计机构深圳正一会计 师事务所（特殊普通合伙）（以下简称"正一会计师事务所"）。 此次变更已履行严格的内部决策程序。*ST宇顺董事会审计委员会对华兴会计师事务所的基本情况、独 立性、专业胜任能力等进行了充分调研审查，认为其具备为公司提供审计服务的资质与能力。*ST宇顺 第六届董事会第三十四次会议以7票同意、0票反对、0票弃权的表决结果审议通过相关议案，后续将提 交2026年第一次临时股东大会审议。 对于*ST宇顺而言，此次更换会计师事务所是多重客观因素叠加下的理性选择，既严格契合监管对审计 独立性的要求，又顺势引入更专业的会计师事务所，为*ST宇顺接下来的审计工作提供更强有力的支 撑。 而新任审计机构在规模体量与执业经验上具有相当实力。公开资料显示，华兴会计师事务所成立于2013 年12月，拥有超过10年的执业经验，并于2020年11月完成证券服务业务备案，具备为上市公司提供审计 服务的合法资质。截至2024年末，该所拥有合伙人7 ...

Core Viewpoint - The investigation into ST Lifan's financial fraud case has led to the formal investigation of the accounting firm Zhongxing Caiguanghua by the China Securities Regulatory Commission (CSRC), marking a significant case in the A-share market where both the listed company and its intermediary are being penalized simultaneously [1][2]. Group 1: Financial Fraud Details - From 2021 to 2023, Lifan Shuke inflated its revenue by 638 million yuan and costs by 628 million yuan through various fraudulent activities [2]. - In 2021, the inflated revenue and costs were 280 million yuan and 277 million yuan, respectively; in 2022, they were 312 million yuan and 305 million yuan; and in 2023, they were 46 million yuan and 45 million yuan [2]. - The Anhui Securities Regulatory Bureau plans to impose a fine of 10 million yuan on Lifan Shuke and a total of 30 million yuan on 10 responsible individuals [2]. Group 2: Impact on Accounting Firm - Zhongxing Caiguanghua, established in 1983, ranks 29th among 105 accounting firms in the latest evaluation, with a revenue of 131.37 million yuan and 805 registered accountants [3]. - The firm has faced multiple regulatory penalties in the past for failing to exercise due diligence in audits, including a fine of 9.25 million yuan related to a previous case [3]. Group 3: Regulatory Environment and Industry Response - The case highlights systemic risks in the auditing industry due to conflicts of interest and regulatory lag, prompting calls for a shift from individual case penalties to institutional prevention measures [4]. - Experts suggest enhancing regulatory and punitive measures, improving audit independence, and promoting information sharing and public oversight to strengthen accountability in the auditing sector [4][5]. - In 2024, the CSRC plans to hold various intermediary institutions accountable for negligence, with a total of 673 million yuan in fines imposed on multiple firms [5].

Group 1 - The fourth Supervisory Board meeting of Aerospace Hongtu Information Technology Co., Ltd. was held on November 21, 2025, in Beijing, with all three supervisors participating in the voting [2][4] - The Supervisory Board approved the appointment of Zhongxing Caiguanghua Accounting Firm as the auditor for the 2025 annual financial statements, with a term of one year [3][4] Group 2 - The fourth Board of Directors meeting was also held on November 21, 2025, with all nine directors present [7][8] - The Board approved the revision of the company's articles of association and related governance documents, which will be submitted for shareholder approval [9][10] - The Board also approved the appointment of Zhongxing Caiguanghua Accounting Firm as the auditor for the 2025 annual financial statements, which will also require shareholder approval [13][15] - A proposal to hold the fifth extraordinary general meeting of shareholders on December 8, 2025, was approved [16][18] Group 3 - The company plans to cancel the Supervisory Board and revise its articles of association, transferring the supervisory functions to the Audit Committee of the Board [54][55] - The company aims to enhance its internal management mechanisms and protect the rights of shareholders through the revision of internal governance documents [56]

Core 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].

Core Viewpoint - The investigation by Jiangsu Securities Regulatory Commission into insider trading involving the controlling shareholder and former financial director of Nanwei Co., Ltd. has led to significant penalties and highlighted the importance of audit independence [1][6]. Group 1: Insider Trading Investigation - Jiangsu Securities Regulatory Commission has initiated an investigation into insider trading activities by Li Ping, the controlling shareholder, and former financial director Xiang Qinhua of Nanwei Co., Ltd. [1] - The investigation revealed that Li Ping and Xiang Qinhua sold company shares to avoid losses after being informed of financial irregularities [1][6]. - Li Ping was penalized with the confiscation of illegal gains amounting to 11.77 million yuan and a fine of 35.33 million yuan, while Xiang Qinhua faced confiscation of 101,675.47 yuan and a fine of 1.5 million yuan [7]. Group 2: Audit Findings and Internal Control Issues - The audit firm Tianheng discovered that funds had been misappropriated and not returned, leading to a negative opinion on the internal control audit report [2][3]. - The audit process began in November 2022, and by January 2023, significant issues regarding fund misappropriation were identified, prompting the auditors to consider issuing a non-standard audit opinion [2][3]. - The auditors maintained their stance on the integrity of the audit report despite pressure from company officials to alter the conclusions [5]. Group 3: Impact on Company Operations - The negative audit opinion resulted in the company’s stock being subject to risk warnings and suspension, significantly affecting its market price [5]. - The sensitive period for insider information was identified as being from March 1, 2023, to April 28, 2023, during which the controlling shareholder was aware of the financial issues [5].

Core Viewpoint - The company has disclosed its third-quarter financial report and made several important decisions regarding fundraising and corporate governance, including the use of raised funds and changes in the auditing firm [8][10][37]. Financial Data - The third-quarter financial report has not been audited [7]. - The company reported a total of 190,259,867.48 yuan to be used for replacing self-raised funds that were previously invested in fundraising projects and paid issuance costs [10][32]. - The company has raised a total of 487 million yuan through the issuance of convertible bonds, with a net amount of 479,637,140.50 yuan after deducting fees [52][53]. Shareholder Information - The company has approved the use of 477,637,140.50 yuan of raised funds to increase capital in its subsidiary, Guangxi Lijin New Materials Co., Ltd., which will subsequently invest in its wholly-owned subsidiary, Xiangtan Lijin New Materials Co., Ltd. [5][6]. Corporate Governance - The company has decided to change its auditing firm from Tianjian Accounting Firm to Zhongshun Zhonghuan Accounting Firm for the 2025 fiscal year to ensure independence and objectivity in auditing [37][44]. - The board of directors has approved the appointment of Cheng Xijun as a non-independent director, and Ma Yi as the head of the internal audit department [16][21]. Other Important Matters - The company has established a joint venture with related parties to set up Hunan New Energy Materials Research Institute Co., Ltd., with a registered capital of 40 million yuan [6]. - The company has applied for a comprehensive credit line of 200 million yuan from Shanghai Pudong Development Bank, with a one-year term [24].

Group 1 - The company intends to appoint Zhongshen Zhonghuan Certified Public Accountants as its auditor for the fiscal year 2025, replacing the previous auditor, Zhongxinghua Certified Public Accountants [2][3] - The change in auditors is aimed at ensuring the independence and objectivity of the audit work, as Zhongxinghua has provided audit services for several consecutive years [2][17] - The proposal to change the auditor will be submitted for approval at the company's upcoming shareholders' meeting [3][20] Group 2 - Zhongshen Zhonghuan was established in 1987 and is one of the first large accounting firms approved to engage in securities and financial business audits in China [3][4] - The firm has a total revenue of approximately 2.17 billion yuan for 2024, with audit service revenue accounting for about 1.83 billion yuan [7] - Zhongshen Zhonghuan has 216 partners and 1,304 registered accountants, with 723 having signed audit reports for securities services [5][7] Group 3 - The audit fee for the fiscal year 2024 was 1.35 million yuan, with 1.15 million yuan for financial report audits and 200,000 yuan for internal control audits [15] - The audit fee for 2025 will be determined based on various factors, including the company's business scale and the complexity of accounting treatments [15][16] - The previous auditor, Zhongxinghua, issued a standard unqualified opinion on the company's 2024 financial statements and internal controls [17]

Core Viewpoint - The article discusses the increasing trend of listed companies suing accounting firms over dissatisfaction with audit services, highlighting the structural weaknesses faced by accounting firms in their relationships with these companies [1][5]. Group 1: Frequency of Lawsuits - Since the beginning of 2024, at least six listed companies have filed lawsuits against accounting firms due to dissatisfaction with their audit services [1]. - *ST Xinchao has sued Lixin Accounting Firm for 3.501 million yuan, claiming negligence in their audit work [2]. - Other companies, including *ST Hengli and Gongzhi Tui, have also initiated legal actions against various accounting firms for similar reasons [4][6]. Group 2: Structural Weakness of Accounting Firms - Experts indicate that the lawsuits reflect a fundamental weakness in the position of accounting firms when dealing with listed companies, suggesting a need for reforms to enhance audit independence [1][5]. - The relationship between accounting firms and listed companies is characterized by a conflict of interest, where firms may feel pressured to compromise their independence due to their reliance on these companies for fees [7][8]. Group 3: Suggestions for Improvement - Experts propose several reforms to strengthen the independence of accounting firms, including trialing third-party payment for audit services and implementing mandatory rotation of accounting firms [9][10]. - The introduction of a three-dimensional system combining economic separation, functional isolation, and process control is suggested to enhance audit independence [11].

Core Viewpoint - The company has proposed to appoint Beijing Guofu Certified Public Accountants as the auditing firm for the fiscal year 2025, replacing the previous firm, Crowe Horwath, to ensure the independence and objectivity of the audit process [4][6][7]. Group 1: Appointment of Auditing Firm - The company’s board of directors approved the selection of Beijing Guofu Certified Public Accountants for the 2025 financial statement and internal control audit services, pending shareholder approval [2][7]. - Beijing Guofu was established on August 31, 2016, and has 48 partners and 281 registered accountants, with 50 of them having signed audit reports for securities services [2][3]. - The audit fee for 2025 is set at 900,000 yuan, which includes 600,000 yuan for financial statement audit and 300,000 yuan for internal control audit, representing a 23.28% increase from the previous year due to an increase in the number of subsidiaries [5][6]. Group 2: Reasons for Change - The change in auditing firms is aimed at enhancing the independence and objectivity of the audit, as the previous firm had provided services for several consecutive years [4][6]. - The company has communicated with both the outgoing and incoming auditing firms, and both have acknowledged the change without objections [6][7]. Group 3: Compliance and Communication - The audit committee and board of directors have reviewed and approved the appointment of Beijing Guofu, confirming its qualifications and independence [6][7]. - The previous auditing firm, Crowe Horwath, provided a standard unqualified audit report for the fiscal year 2024, and the transition to Beijing Guofu is in compliance with relevant regulations [5][6].

Group 1 - The company held its 7th meeting of the 8th Board of Directors on July 17, 2025, with all 9 directors present, complying with legal and regulatory requirements [2][3] - The Board approved several proposals, including amendments to the management systems for directors, supervisors, and senior management, as well as the investor relations management system [3][4][6] - The Board also approved the change of the accounting firm from Lixin Certified Public Accountants to Huaxing Certified Public Accountants for the 2025 fiscal year [7][21][33] Group 2 - The company plans to increase its investment in its subsidiary, North America Electric (Zhuhai) Co., Ltd., by RMB 96 million, with half allocated to registered capital and the other half to capital reserves [39] - This capital increase aims to optimize the subsidiary's financial structure and support business expansion, without constituting a related party transaction or a major asset restructuring [39][42] Group 3 - The company intends to publicly sell certain assets held by its subsidiary, Dalian Zongde Lighting Technology Co., Ltd., including two land use rights and construction projects, with an estimated value of RMB 67.83 million [46][49] - The sale is part of the company's strategy to optimize resource allocation and enhance operational efficiency, and it will not significantly impact the company's financial status [51] Group 4 - The company announced the convening of its first extraordinary general meeting of 2025 on August 5, 2025, to discuss the matters approved in the Board and Supervisory Board meetings [55][56] - The meeting will allow shareholders to vote on the proposals, with provisions for both on-site and online voting [56][67]