Securities code: 000878 securities abbreviation: Yunnan Copper Co.Ltd(000878) Announcement No.: 2021-086 bond Code: 149134 bond abbreviation: 20 Yunnan Copper 01
Announcement on the proposed renewal of accounting firm
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Yunnan Copper Co.Ltd(000878) (hereinafter referred to as the company) held the 27th meeting of the 8th board of directors on December 14, 2021, deliberated and approved the plan for Yunnan Copper Co.Ltd(000878) on the proposed renewal of accounting firm, and the company plans to renew the appointment of ShineWing Certified Public Accountants (special general partnership) (hereinafter referred to as ShineWing) is the audit institution of financial report and internal control in 2021, and hereby announces the relevant matters as follows:
1、 Basic information of the accounting firm to be renewed
(i) Institutional information
1. Basic information
Name: ShineWing Certified Public Accountants (special general partnership)
Date of establishment: March 2, 2012
Organizational form: special general partnership
Registered address: A, Fuhua building, No. 8, Chaoyangmen North Street, Dongcheng District, Beijing
Chief partner: Mr. Tan Xiaoqing
As of December 31, 2020, ShineWing has 229 partners (shareholders) and 1750 certified public accountants. More than 600 certified public accountants have signed the audit report of securities service business.
ShineWing's business income in 2020 was RMB 3.174 billion, including audit business income of RMB 2.267 billion and securities business income of RMB 724 million. In 2020, there were 346 annual report audit projects of ShineWing listed companies, with a total charge of RMB 383 million. The main industries involved include manufacturing, information transmission, software and information technology services, power, heat, gas and water production and supply, transportation, warehousing and postal services, finance, wholesale and retail, real estate, mining, etc. There are 205 audit clients of Listed Companies in the same industry.
2. Investor protection capacity
ShineWing has purchased professional insurance and covered the civil liability for providing audit services according to law. The cumulative compensation limit of professional insurance invested in 2020 is 150 million yuan.
In the past three years, there is no relevant civil litigation and civil liability in practice. 3. Integrity record
In recent three years (from 2018 to 2020), ShineWing certified public accountants has received 0 criminal punishment, 0 administrative punishment, 8 supervision and management measures, 0 self regulatory measures and 0 disciplinary measures for practicing behavior. 17 employees have received 0 criminal punishment, 0 administrative punishment, 19 supervision and management measures and 0 self regulatory measures for practicing behavior in recent three years.
（2） Project information
1. Basic information
Project partner to be signed: Mr. Guo Yong, who obtained the qualification of Chinese certified public accountant in 2007, began to engage in the audit of Listed Companies in 2008, began to practice in ShineWing in 2019, and began to provide audit services for the company in 2020. Four listed companies have signed in recent three years.
Certified public accountant to be signed: Mr. Zuo Dongqiang, who obtained the qualification of Chinese certified public accountant in 2018, began to engage in the audit of Listed Companies in 2016, began to practice in ShineWing in 2019, began to provide audit services for the company in 2020, and two listed companies signed in recent three years.
Proposed reviewer of project quality control: Mr. Li Jianxun, who obtained the qualification of Chinese certified public accountant in 1996, began to audit listed companies in 1996, began to practice in ShineWing in 2013, and began to provide audit services for the company in 2021. More than 7 listed companies have signed and reviewed in recent three years.
2. Integrity record
In recent three years, the project partner, the signing certified public accountant and the project quality control reviewer have not been subject to criminal punishment, administrative punishment and supervision measures by the CSRC and its dispatched offices and industry competent departments, and have not been subject to self-discipline supervision measures and disciplinary sanctions by self-discipline organizations such as securities trading places and industry associations.
3. Independence
ShineWing certified public accountants, project partners, signing certified public accountants, project quality control reviewers and other practitioners do not violate the independence requirements of the code of professional ethics for Chinese certified public accountants.
4. Audit fees
The company's 2021 financial statement audit fee is RMB 2.62 million and internal control audit fee is RMB 650000, with a total cost of RMB 3.27 million.
3、 Procedures to be performed by the accounting firm to be renewed
(i) Performance of the audit committee
The audit committee of the board of directors of the company reviewed the experience and ability of ShineWing in providing audit services, and considered that ShineWing had better fulfilled its audit responsibilities and obligations in the company's audit work in 2020, and that ShineWing had the audit qualification for securities and futures related businesses recognized by the Ministry of Finance and the CSRC, Have the professional competence and investor protection ability required for the annual audit of the listed company, be able to independently audit the financial and internal control status of the listed company, meet the audit needs of the company in 2021, and agree that the company will continue to hire ShineWing as the audit institution of the company's financial report and internal control in 2021.
（2） Prior approval and independent opinions of independent directors
The independent directors of the 8th board of directors of the company, Mr. Yu Dingming, Mr. Wang Yong, Mr. Yang Yong and Mr. Na Pengjie, approved the matter in advance and believed that:
ShineWing has the practicing certificate of accounting firm and the business license related to securities and futures, and has the experience and ability to provide audit services for listed companies. During its tenure as the company's financial statement audit institution and internal control audit institution in 2020, ShineWing worked rigorously, objectively, fairly and independently, and better fulfilled the responsibilities and obligations stipulated by both parties, It can provide fair and fair audit services for the company, meet the requirements of the company's audit work in 2021, and renew ShineWing as the company's financial report audit and internal control audit institution in 2021, which is conducive to ensuring the quality of the company's audit work and protecting the interests of the company and shareholders, especially the interests of minority shareholders. We agree to submit the proposal to the board of directors of the company for deliberation.
The independent directors of the company expressed independent opinions on the matter and held that:
ShineWing has the practicing qualification of securities and futures related businesses approved by the CSRC, has the experience of providing audit services for listed companies, and has sufficient independence, professional competence and investor protection ability, can provide fair and fair audit services for the company, and meet the requirements of the company's audit work in 2021. Appoint ShineWing as the company's 2021 financial report audit and internal control audit institution. It is conducive to ensuring the quality of the company's audit work and protecting the interests of the company and shareholders, especially the interests of minority shareholders. The review and decision-making procedures of the audit institution employed by the company comply with the relevant provisions of relevant laws and regulations, and there is no situation that damages the interests of the company and shareholders, especially the interests of minority shareholders.
It is agreed that the company intends to appoint ShineWing as the company's 2021 financial report audit and internal control audit institution, and it is agreed to submit this proposal to the company's general meeting for deliberation.
（3） Deliberation and voting of proposals by the board of directors
At the 24th Meeting of the 8th board of directors in 2021, the company deliberated and adopted the Yunnan Copper Co.Ltd(000878) plan on the proposed renewal of accounting firm with 11 affirmative votes, 0 negative votes and 0 abstention votes.
（4） Effective date
The renewal of the accounting firm shall be submitted to the general meeting of shareholders of the company for deliberation, and shall take effect from the date of deliberation and approval by the general meeting of shareholders of the company.
4、 Documents for future reference
(i) Yunnan Copper Co.Ltd(000878) resolution of the 27th meeting of the 8th board of directors;
（2） Yunnan Copper Co.Ltd(000878) resolution of the 24th Meeting of the 8th board of supervisors;
（3） Supporting documents for the performance of the duties of the Audit Committee;
（4） Prior approval opinions of independent directors and opinions of independent directors;
（5） Description of the basic information of the accounting firm to be employed.
It is hereby announced.
Yunnan Copper Co.Ltd(000878) board of directors December 14, 2021
