On February 8, Tianjin Teda Co.Ltd(000652) received a letter of concern from Shenzhen Stock Exchange. Tianjin Teda Co.Ltd(000652) was asked to specify the reasons for changing the annual audit accountant twice, whether the communication between the former and the latter accountants was well done, and whether the company had significant differences with PricewaterhouseCoopers Zhongtian certified public accountants and Daxin Certified Public Accountants on matters related to the audit of the annual report.
According to the announcement, on October 26, 2021, Tianjin Teda Co.Ltd(000652) disclosed the announcement on the proposed change of accounting firm. The announcement showed that in view of the expiration of the contract of PWC Zhongtian Certified Public Accountants (special general partnership) (hereinafter referred to as "PwC Zhongtian certified public accountants") originally employed by the company, PwC Zhongtian certified public accountants has provided audit services for the company for many years. According to the relevant requirements of state-owned assets management, the company plans to hire Daxin certified public accountants as the company's audit institution in 2021 through public bidding.
However, on February 8, 2022, Tianjin Teda Co.Ltd(000652) also disclosed the announcement on the proposed change of accounting firm, which said that it planned to appoint China Audit Asia Pacific accounting firm (special general partnership) (hereinafter referred to as "China Audit Asia Pacific accounting firm") as the company's 2021 financial statements and internal control audit institution. The reason for the change is that Daxin Certified Public Accountants (special general partnership) (hereinafter referred to as "Daxin certified public accountants"), the original audit accounting firm of the company in 2021, was unable to enter the site to carry out audit work in Tianjin due to the impact of Tianjin epidemic prevention and isolation policies; In addition, due to the tight personnel arrangement of Daxin certified public accountants, it was unable to coordinate enough internal audit resources to meet its requirements for undertaking the on-site workload of listed companies for the first time, and it was unable to complete the audit work of Tianjin Teda Co.Ltd(000652) 2021 on schedule, so it negotiated with Tianjin Teda Co.Ltd(000652) to terminate the audit business of 2021.
Shenzhen stock exchange requires Tianjin Teda Co.Ltd(000652) to explain the following issues:
1. Please specify the reasons for changing the annual audit accountant twice, whether you have done a good job in the communication between the previous and subsequent accountants, and whether your company has significant differences with PricewaterhouseCoopers Zhongtian certified public accountants and Daxin Certified Public Accountants on matters related to annual report audit. The independent director is requested to check the specific reasons for the change of accounting firm, and explain whether there are other reasons or matters leading to the change of accounting firm and whether the company purchases audit opinions.
2. Daxin certified public accountants is requested to verify and disclose the reasons why the relevant audit work and progress carried out since the appointment of the company's annual audit accountant cannot be completed on schedule in 2021, and whether there is any active resignation due to the limited audit scope, differences on accounting treatment and other controversial matters, Communicate with your company on the process and content of appointment and resignation, and explain the specific reasons for accepting and resigning the company's annual audit accountant in a short time, and whether the appointment in the early stage is prudent.
3. Your company's 2021 annual report is scheduled to be disclosed on April 13, 2022. The change of audit institution needs to be reviewed and approved by the general meeting of shareholders. Please add the specific time and personnel arrangement, audit plan, understanding of key audit risk areas and audit procedures to be implemented for the audit of your company's 2021 annual report by China Audit Asia Pacific Certified Public Accountants, whether there is sufficient time to ensure the smooth implementation of annual audit projects and the full implementation of key audit procedures, relevant audit Whether the review plan complies with the relevant provisions of the auditing standards for Chinese certified public accountants.
