Core Viewpoint - The company has approved the appointment of a special auditing firm for the issuance of A-shares to specific targets in 2025, ensuring compliance with relevant regulations and standards [1] Group 1: Meeting Details - The 2025 third meeting of the Board of Directors' Audit Committee was held via communication voting, with all 3 members present [1] - The committee unanimously approved the proposal to hire a special auditing firm for the 2025 A-share issuance [1] Group 2: Audit Firm Evaluation - The Audit Committee conducted a thorough evaluation of the appointed auditing firm, assessing its independence, professional competence, investor protection capability, and integrity [1] - The auditing firm possesses qualifications for auditing securities, futures, and related businesses, along with extensive experience in auditing listed companies [1] - The committee concluded that the auditing firm meets the requirements for the 2025 A-share issuance audit work [1]

胜宏科技（300476）(300476.SZ)公告，公司董事会、监事会同意公司聘请香港立信德豪会计师事务所 有限公司(简称"香港立信")为公司发行境外上市股份(H股)并申请在中国香港联合交易所有限公司主板上 市的审计机构。 ...

Group 1 - The company Fortior (01304) has announced the appointment of Zhongxinghua as the financial audit institution and internal control audit institution for the fiscal year 2025 for its A-shares [1] - The company plans to appoint Ernst & Young Hong Kong as the audit institution for its H-shares for the fiscal year 2025 [1]

Core Viewpoint - Deloitte is under investigation by the UK's Financial Reporting Council (FRC) regarding its audit work for Glencore and its UK subsidiaries from 2013 to 2020, specifically whether it adequately considered the risks of legal and regulatory violations [1] Group 1 - The FRC announced the investigation on July 22, indicating concerns over Deloitte's auditing practices [1] - Glencore and its UK subsidiaries have been subject to investigations by UK government agencies for misconduct [1]

Core Viewpoint - The company, Zhengrong Real Estate, announced that Ernst & Young has resigned as its auditor [1] Group 1 - The resignation of Ernst & Young may impact the company's financial reporting and investor confidence [1]

Core Viewpoint - The company intends to appoint KPMG Huazhen as its auditor for the 2025 financial report and internal control audit, following a thorough review by the audit committee and board of directors [1][6]. Group 1: Auditor Information - KPMG Huazhen was established on August 18, 1992, in Beijing and officially began operations on August 1, 2012 [1]. - The firm reported total audited business revenue exceeding RMB 4.1 billion for 2024, with audit service revenue surpassing RMB 4 billion [2]. - KPMG Huazhen served 127 listed companies in 2024, with total audit fees amounting to approximately RMB 682 million [2]. Group 2: Professional Qualifications and Compliance - KPMG Huazhen has a cumulative professional insurance compensation limit and risk fund exceeding RMB 200 million, complying with legal regulations [3]. - The firm has not faced any criminal or administrative penalties in the past three years, although it received an administrative warning involving four employees [3][5]. - The project partner and signing CPA, Jiang Hui, has been with KPMG Huazhen since 2007, while the quality control reviewer, Gao Song, has been with the firm since 2002 [4][5]. Group 3: Audit Fees and Approval Process - The audit fee is set at RMB 1.15 million, with an additional RMB 200,000 for internal control auditing [5]. - The audit committee has reviewed KPMG Huazhen's qualifications and recommended its appointment to the board, which was unanimously approved [6]. - The appointment is subject to approval at the company's shareholder meeting to take effect [6].

Key Points - The People's Bank of China reported that as of the end of June, the broad money supply (M2) reached 330.29 trillion yuan, reflecting a year-on-year growth of 8.3% [1] - The narrow money supply (M1) stood at 113.95 trillion yuan, with a year-on-year increase of 4.6% [1] - The currency in circulation (M0) was 13.18 trillion yuan, showing a year-on-year growth of 12% [1] - The net cash injection in the first half of the year amounted to 363.3 billion yuan [1] - The total social financing scale increased by 22.83 trillion yuan in the first half of 2025, which is 4.74 trillion yuan more than the same period last year [1] - As of the end of June, the total social financing stock was 430.22 trillion yuan, with a year-on-year growth of 8.9% [1] - The balance of RMB loans reached 268.56 trillion yuan, reflecting a year-on-year growth of 7.1% [1] - The balance of RMB deposits was 320.17 trillion yuan, with a year-on-year increase of 8.3% [1] Trade and Economic Relations - The General Administration of Customs reported that China's total goods trade import and export value for the first half of the year was 21.79 trillion yuan, a year-on-year increase of 2.9% [2] - Exports accounted for 13 trillion yuan, growing by 7.2%, while imports were 8.79 trillion yuan, showing a decline of 2.7% [2] - In June, all categories of trade (imports, exports, and total trade) achieved positive year-on-year growth, with accelerating growth rates [2] - The Deputy Director of the General Administration of Customs emphasized the importance of dialogue and cooperation in Sino-U.S. economic relations, advocating for a fair and open global trade system [2] Corporate Actions - The State Administration for Market Regulation approved the acquisition of shares in Ansi Technology by New Thinking Technology with additional restrictive conditions due to potential competition concerns in the optical software and EDA software markets [3] - The approval includes obligations for the parties involved to divest certain business segments related to optical solutions and power analysis software [3] Healthcare Sector - The National Healthcare Security Administration released a report indicating that by the end of 2024, approximately 1.327 billion people will be covered by basic medical insurance in China, maintaining a coverage rate of over 95% [3] - The total income of the national basic medical insurance fund for 2024 is projected to be 34,913.37 billion yuan, with total expenditures of 29,764.03 billion yuan [3]

Group 1 - The Shanghai Equity Investment Business Environment Promotion Conference was successfully held on May 15, themed "Intelligent Surge in the Yangtze River Delta, Leading the Future" [2] - The conference aimed to enhance the influence of Shanghai's equity investment industry and support the construction of Shanghai as an international financial and technological innovation center [2] - Over 300 guests from renowned equity investment institutions, industry representative fund managers, large financial institutions, and technology innovation enterprises attended the event [2] Group 2 - The "2024 Equity Investment Annual List" was released at the conference, recognizing outstanding institutions in the industry [4] - Ernst & Young's Greater China Private Equity Services team was awarded the "Best Audit Service Institution" for 2024, marking it as the only institution to receive this honor this year [4] - Ernst & Young has nearly 400,000 professionals globally, with 27,100 focused on wealth and asset management, including 6,100 in the Asia-Pacific region [4] Group 3 - Looking ahead, Ernst & Young aims to inject more vitality into the private equity and venture capital industry by leveraging its extensive experience and innovative vision [5] - The company is committed to promoting industry prosperity and embarking on a new journey of high-quality development [5]

Core Viewpoint - *ST Hengli has initiated a public selection process for an accounting firm for the 2024 annual audit due to its failure to disclose the 2024 financial report on time, attributing the delay to the previous auditor's misconduct [1][2] Group 1: Audit Selection Process - The company has set a deadline of May 20, 2025, for applications from accounting firms, requiring the selected firm to provide a stamped financial report by June 22, 2025 [1] - Specific qualifications for the auditing firm include having at least 10 staff members on-site, with a minimum of 5 holding valid CPA licenses, emphasizing the complexity and urgency of the audit [1] Group 2: Previous Auditor Issues - The previous auditor, Shenzhen Xutai Accounting Firm, allegedly ignored the company's legal rights and created obstacles during the audit process, leading to a flawed audit report issued on April 29, 2025 [2] - The company has filed a lawsuit against the previous auditor, seeking over 38 million yuan in damages due to the auditor's negligence and failure to meet professional standards [2] Group 3: Regulatory Consequences - As a result of the failure to disclose the 2024 financial report, the company received a notice from the Shenzhen Stock Exchange regarding the potential termination of its listing [2][3] - The company has submitted a hearing application to the Shenzhen Stock Exchange, indicating its intention to present written statements and defense materials within the specified timeframe [3] Group 4: Company Valuation and Shareholder Information - Prior to the suspension of trading, the company's total market value was 760 million yuan, with 18,480 ordinary shareholders reported as of the end of the third quarter of the previous year [4]

Group 1 - The core point of the article is that Li Ning has announced the appointment of Ernst & Young as its new auditor, replacing PwC, which will not be renewing its contract after the upcoming annual general meeting on June 12 [1][3][5] - Li Ning's audit committee and board of directors recommended the change to ensure good corporate governance and maintain the independence and objectivity of external auditors [5] - The decision to appoint Ernst & Young was based on several factors, including their experience with Hong Kong-listed companies, industry knowledge, familiarity with listing rules and international accounting standards, and audit fees [5] Group 2 - Li Ning has been audited by PwC since its listing in 2004, and the change marks a significant shift in its auditing practices [5] - The audit fees paid to PwC for 2023 and 2024 were reported as 9.355 million yuan and 8.828 million yuan respectively, indicating a slight decrease in fees [6] - The ongoing trust crisis surrounding PwC, particularly due to the Evergrande audit case, has led to multiple companies terminating their contracts with them since April 2024 [8][10]