Core Viewpoint - The company has established a management approach for the hiring, management, and evaluation of intermediary institutions and experts involved in auditing, asset evaluation, and engineering consulting to enhance service quality and ensure compliance with relevant regulations [1][6]. Group 1: General Principles - The management approach aims to standardize the hiring and management of intermediary institutions and experts to improve the quality of their work [1]. - The approach applies to various tasks commissioned by the company, including auditing and asset evaluation [1]. Group 2: Selection Criteria and Procedures - The internal audit department is responsible for selecting qualified intermediary institutions and establishing a backup library of these institutions [2]. - Intermediary institutions must meet specific criteria, including having been established for at least three years and maintaining a good reputation without legal violations in the past three years [3]. - The selection process involves a comprehensive evaluation based on various criteria, including qualifications, operational strength, and past performance [4]. Group 3: Expert Selection and Evaluation - A backup library of experts will be established, with recommendations from selected intermediary institutions [5]. - Experts must possess relevant professional qualifications and have at least five years of experience in similar projects [5]. - The company will maintain a management archive for intermediary institutions and experts, documenting their qualifications, experience, and performance evaluations [5]. Group 4: Supervision and Quality Control - The company will implement supervision and quality control measures for the commissioned intermediary institutions and experts, including project management records and evaluation forms [5]. - Annual evaluations will rank intermediary institutions and experts based on their performance in commissioned projects [5]. - Any intermediary institution or expert found to have significant issues will have their contracts terminated and be removed from the backup library [5].

Group 1 - The implementation of the "Law of the People's Republic of China on Promoting the Development of the Private Economy" on May 20 marks a significant policy shift aimed at enhancing the growth of private enterprises [1] - The core issue causing financing difficulties for private enterprises is insufficient financial transparency, which can be addressed through collaboration among enterprises, financial institutions, and regulatory bodies [1] - Enterprises are encouraged to improve financial management systems and enhance information disclosure quality by engaging professional auditing firms [1] Group 2 - Data governance is highlighted as a means for private enterprises to unlock asset value, with a focus on establishing standardized data collection and management systems [2] - The concept of "new productive forces" is introduced, emphasizing the need for a comprehensive innovation system that integrates data, technology, and talent for the growth of private enterprises [2] - Companies planning to go public in Hong Kong should understand their market fit, align governance structures with Hong Kong standards, and assess compliance with regulatory requirements [2] Group 3 - Deloitte China, established in 1981, is a well-recognized professional services firm with significant influence in the industry, operating in 29 cities with over 350 partners and 7,000 employees [3] - The firm offers a range of services including auditing, tax, consulting, valuation, and engineering management, aiming to support clients in achieving sustainable and responsible growth [3]

Group 1 - The company has approved the proposal to appoint ShineWing Hong Kong Certified Public Accountants Limited as the auditor for its H-share issuance and listing on the Hong Kong Stock Exchange [1][3] - ShineWing Hong Kong has extensive experience in auditing for overseas listings and possesses the necessary independence and professional capability [1][2] - The board of directors has agreed to submit the proposal to the shareholders' meeting for approval, and the appointment will take effect upon approval at the 2024 annual shareholders' meeting [1][4] Group 2 - ShineWing Hong Kong provides auditing, tax, and consulting services and has served numerous listed companies in Hong Kong across various industries [2] - The firm has over 400 employees and has not faced any civil lawsuits or penalties in the last three years [2] - The audit committee of the board reviewed ShineWing Hong Kong's qualifications and confirmed its capability to meet the financial audit requirements for the H-share issuance [2][3]