Core Insights - The report emphasizes the theme "Intelligent Start, Green Future," showcasing Ernst & Young's (EY) practices and achievements in economic prosperity, green future, social good, and governance paradigms [1][2]. Economic Prosperity - EY has executed over 100,000 overseas service projects in the past three years, covering 90% of the Belt and Road countries, supporting Chinese enterprises in internationalization [26]. - The company actively participates in regional development strategies, receiving certifications such as "Regional Headquarters of Multinational Corporations" [1][2]. Green Future - EY aims to achieve net-zero emissions by 2050 or earlier, with a near-term goal of carbon neutrality in operations by FY2025 through purchasing carbon credits and green power certificates [2][28]. - The company has reduced carbon emissions by over 30 tons in the fiscal year and has implemented green operational measures, including promoting LEED-certified workplaces [2][31]. Social Good - EY focuses on talent development, with female employees making up 65% of the workforce and 53% in leadership roles. The company invested 55.53 million yuan in employee training, with over 90,000 hours dedicated to ESG-related training [2][30]. - Through the EY Ripples program, 7,089 volunteers contributed a total of 11,000 hours of service, positively impacting approximately 2.83 million people [2][29]. Governance Paradigm - EY has established a comprehensive ESG governance structure and risk management framework, achieving a 100% completion rate for ethics and compliance training [2][33]. - The company actively participates in industry standard-setting, contributing to ESG disclosure and green finance discussions [2][33]. Future Directions - EY plans to deepen its "All in" strategy, leveraging AI for business innovation and enhancing green transformation practices [2][30].

坚持把推动中央及省市重大决策部署落地见效作为工作重点，精准开展跟踪审计。对全市总投资17.34 亿元的11个排水防涝项目实施穿透式审计，推动3000余万元拖欠工程款、1500余万元结存资金加快支 付。紧盯"两重""两新"政策机遇，揭示资金分配与实际需求不匹配、项目前期论证不充分等问题20余 个，推动加快形成9.79亿元实物工作量，助推项目规范高效实施。 2025年以来，淮安市审计局深入贯彻省审计厅"强研究、提质效"行动提升年的部署要求，牢固确立"为 国而审、为民而计"的审计理念，紧紧围绕市委、市政府中心工作，系统谋划、精准发力，以高质量审 计服务经济社会高质量发展，持续擦亮第六届江苏省"人民满意的公务员集体"金字招牌。 注重科学规范拧紧审计质量"安全阀" 全面规范审计程序、优化业务流程，制定出台《淮安市审计项目全流程操作指引》《提升效率效能助推 科学规范开展审计十项制度》，压实调查取证、复核审理等各环节工作责任，细化方案拟制、现场管 理、质量控制、整改督办等10个方面工作要求，为审计工作提供科学精准的操作规范。 贯彻为基层减负工作要求，编制实施《2025年统筹融合审计项目(事项)清单》，推动审计对象、内容、 ...

Group 1 - The article emphasizes the importance of comprehensive audit supervision to ensure stable economic operation, improve social welfare, and regulate power exercise, thereby providing solid audit support for high-quality development [1][2] - The focus is on enhancing government investment audits, particularly in key areas such as project bidding, major design changes, project settlement, and completion acceptance, to improve fiscal fund performance and ensure efficient implementation of major projects [1] - The article highlights the need to address key risk areas in economic operations and to promote the rectification of issues identified in audits, transforming these corrections into strong momentum for driving high-quality development [1] Group 2 - The article discusses the implementation of economic responsibility audits for three departments and certain towns, focusing on the execution of major economic decisions, adherence to the "three major and one large" system, and management of special funds [2] - It underscores the role of audits in reinforcing the awareness of power regulation among leadership and promoting integrity in governance, thereby playing a significant role in anti-corruption efforts [2]

Group 1 - The core viewpoint of the article emphasizes the implementation of a "research-based audit checklist" mechanism to enhance audit quality through systematic management and proactive research [1] - The audit process is transformed from reactive problem-solving to proactive assessment, ensuring alignment with central tasks and macro decision-making [1] - The establishment of various checklists, including "superior deployment checklist" and "local policy checklist," aims to consolidate political attributes and policy support for audit work [1] Group 2 - The article highlights the importance of a closed-loop management mechanism that follows the "politics—policy—project—funding" line to ensure orderly implementation of checklist construction [1] - The focus is on researching policies, projects, and funding introduced since 2025, with departments responsible for summarizing, reviewing, and guiding rectifications to ensure checklist quality [1] - A shared platform is created to form a comprehensive knowledge base of checklists, facilitating knowledge sharing and collaborative research through keyword searches [1] Group 3 - The practical value of the checklist is realized through the identification of high-risk and significant areas, which serve as important bases for audit project initiation [2] - The content of the checklist allows for precise targeting of audit focuses, effectively improving the efficiency of problem detection [2] - Regular and institutionalized checklist submissions and discussions enhance the capabilities of audit personnel in policy research, data analysis, and macro thinking, supporting high-quality development of audit work [2]

珠光控股(01176)发布公告，应董事会要求，安永会计师事务所(安永)已辞任本公司核数师，自2025年12 月15日起生效。 ...

Group 1 - Multiple ministries have outlined a task list for 2026, focusing on boosting consumption, stabilizing investment, and fostering new growth drivers, with more incremental policies expected to be introduced based on changing circumstances [2][31] - Policies will accelerate the implementation of measures in areas such as the economy, event economy, e-commerce, and "AI + consumption" to stimulate consumption [2][31] - The central budget investment scale will be appropriately increased, and major projects under the 14th Five-Year Plan will be prioritized for implementation [2][31] Group 2 - The Ministry of Commerce, the People's Bank of China, and the National Financial Regulatory Administration jointly issued 11 policy measures to enhance collaboration between commerce and finance to boost consumption [3][32] - The focus is on deepening system collaboration, increasing financial support, and expanding cooperative connections across various sectors [3][32] - The central economic work conference emphasizes "domestic demand as the main driver" for economic work in the coming year, with a wide range of measures to stimulate consumption [3][32] Group 3 - The automotive market is experiencing mixed emotions as the purchase tax exemption for new energy vehicles will be halved starting January 1, 2026, leading to increased costs for consumers [8][37] - The central economic work conference has set the tone for the continuation of national subsidy policies, including trade-in programs, which will influence consumer and dealer decisions [8][37] Group 4 - The commercial aerospace sector is seeing increased interest from A-share companies, with many viewing it as a second growth curve [10][39] - Companies like Xunwei Communication are establishing unique advantages in the commercial aerospace field, supporting low-orbit satellite projects and developing comprehensive technical capabilities [10][39] Group 5 - The price of Feitian Moutai has shown significant fluctuations, with recent reports indicating a rise in wholesale prices, attributed to increased demand and potential support measures for distributors [11][40] - The average retail price of Feitian Moutai has exceeded 1800 yuan, reflecting a recovery in market dynamics [11][40] Group 6 - The company Moer Thread has announced plans to use up to 75 billion yuan of idle fundraising for cash management, focusing on safe and liquid investment products [12][41] - This move has drawn attention in the market, especially given the company's recent IPO [12][41] Group 7 - Zhaoli Pharmaceutical plans to acquire a multi-element injection asset group for 356 million yuan, which includes both marketed and in-development products [21][50] - This acquisition is part of the company's strategy to expand its product offerings in the pharmaceutical sector [21][50]

Core Viewpoint - The article discusses regulatory penalties imposed on various intermediaries involved in the acquisition of Zhongke Shijie by Anhui Fuhuang Steel Structure, highlighting issues of financial misconduct and inadequate auditing practices [1][3][6]. Group 1: Regulatory Actions - Anhui Securities Regulatory Bureau imposed a total fine of 8 million yuan on four intermediary institutions involved in the acquisition, including audit and evaluation firms [2][5]. - The audit firm Tianjian was fined 2.5 million yuan for failing to execute adequate audit procedures, leading to the oversight of significant discrepancies in revenue recognition [3][4]. - The evaluation firm Jinzhen was also fined 2.5 million yuan for lacking independence and failing to verify key performance indicators, resulting in inflated revenue figures for Zhongke Shijie [4][6]. Group 2: Financial Misconduct - The acquisition process revealed that Zhongke Shijie had inflated its revenue for 2024 by 24.66 million yuan, which was not disclosed in the relevant reports [3][7]. - The financial advisors from Huatai United Securities and Guoyuan Securities received warning letters for not adequately verifying the revenue recognition issues related to Zhongke Shijie [6][7]. - Previous penalties were also imposed on Zhongke Shijie and Fuhuang Steel for similar violations, including a fine of 7 million yuan on Zhongke Shijie for false disclosures [7][8]. Group 3: Insider Trading Case - An insider trading case linked to the acquisition involved Fuhuang Steel's chairman, who discussed the acquisition's feasibility during a sensitive period, leading to significant trading activity by an associated individual [9]. - The individual involved in insider trading was found to have made a profit of 2.31 million yuan from trading Fuhuang Steel shares based on non-public information [9].

格隆汇12月2日丨SHANGHAI GROWTH(00770.HK)发布公告，由于安永会计师事务所("安永")未能与公 司就审核集团截至2025年12月31日止年度的综合财务报表的审核费用达成共识，安永已应董事会要求辞 任公司核数师，自2025年11月28日起生效。 ...

Core Insights - The audit rectification process has improved engineering quality supervision and closed three management loopholes, resulting in a reduction of over 400,000 yuan in fiscal funds for a single project [1] - The Taizhou Municipal Audit Bureau emphasizes political construction, quality construction, and self-construction to enhance audit work and support local economic and social development [1][2] Group 1: Political and Quality Construction - The bureau prioritizes political construction by deepening theoretical learning through the "first agenda" system, ensuring audit work aligns with central objectives [1][2] - A comprehensive mechanism has been established for major issues reporting, enhancing the effectiveness of upper-level deployments, with two meetings of the Municipal Audit Committee held and eight special reports submitted this year [1][2] Group 2: Quality Control and Audit Process - The bureau focuses on key areas such as engineering construction and policy implementation, integrating various professional forces to enhance audit effectiveness through data screening, on-site verification, and risk assessment [2] - A full-process control system has been developed, detailing audit project workflows and clarifying key responsibilities, ensuring objective and fair audit conclusions [2] Group 3: Team Building and Technological Integration - The bureau strengthens discipline and team building through regular warning education and on-site inspections, enhancing the integrity of audit personnel [3] - A mentorship and assessment mechanism has been established to support the rapid development of young auditors, alongside the integration of digital technologies and big data into audit practices [3]

Core Viewpoint - Yongli Investment (01145.HK) announced the resignation of its auditor, Deloitte, effective November 27, 2025, due to increased audit work related to the company's new mineral logistics business and transactions announced in October 2025, leading to a disagreement on audit fees for the consolidated financial statements for the year ending December 31, 2025 [1] Group 1 - The resignation of Deloitte as the auditor is effective from November 27, 2025 [1] - The reason for the resignation is the increase in audit work due to the company's new business initiatives [1] - The company and Deloitte could not reach an agreement on the audit fees for the upcoming financial year [1]