Securities code: 300712 securities abbreviation: Fujian Yongfu Power Engineering Co.Ltd(300712) Announcement No.: 2021-132 Fujian Yongfu Power Engineering Co.Ltd(300712)
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.
Fujian Yongfu Power Engineering Co.Ltd(300712) (hereinafter referred to as “the company” or “the company”) held the second meeting of the third board of directors and the second meeting of the third board of supervisors on December 14, 2021, deliberated and adopted the proposal on renewing the appointment of accounting firm respectively, and planned to renew the appointment of Lixin Certified Public Accountants (special general partnership) (hereinafter referred to as “Lixin”) ）As the company’s 2021 financial report audit institution, the employment period is one year from the date of deliberation and approval by the general meeting of shareholders, and the audit fee is RMB 1.05 million. The above matters need to be submitted to the tenth extraordinary general meeting of shareholders of the company in 2021 for deliberation. The relevant information is hereby announced as follows:
1、 Basic information of the accounting firm to be renewed
(i) Institutional information
1. Basic information
Lixin Certified Public Accountants (special general partnership) was founded by Dr. pan Xulun in Shanghai in 1927 and reopened in 1986. In 2010, it became the first special general partnership accounting firm in China to complete the restructuring. Its registered address is Shanghai and its chief partner is Mr. Zhu Jiandi. Lixin is a member of the international accounting network BDO. It has been engaged in securities service business for a long time and has securities before the implementation of the new securities law Futures business license, with H-share audit qualification, and has been registered with the U.S. public company accounting oversight board (PCAOB).
2. Personnel information
By the end of 2020, Lixin had 232 partners, 2323 certified public accountants and 9114 employees. Both certified public accountants and employees of Lixin had engaged in securities service business.
3. Business scale
In 2020, the business income (audited) of Lixin was 4.106 billion yuan, including 3.431 billion yuan from audit business and 1.357 billion yuan from securities business.
In 2020, Lixin provided annual report audit services for 576 listed companies and audit of Listed Companies in the same industry
4. Investor protection capacity
By the end of 2020, Lixin had withdrawn 129 million yuan from the occupational risk fund, and the cumulative compensation limit of the occupational insurance purchased was 1.25 billion yuan. The relevant occupational insurance can cover the civil liability caused by audit failure. 5. Independence and integrity record
In recent three years, Lixin has been subject to criminal punishment 0 times, administrative punishment 4 times, supervision and management measures 26 times, self-discipline and supervision measures 0 times and disciplinary punishment 2 times for its practice behavior, involving 62 employees.
（2） Project information
1. Personnel information
Start to be a certified public accountant of the company
Project Name: audit practice time provided by the municipal company audit office
Time service time
Project partner Yang Zhiping 2009 2002 2017
Signed by certified public accountant Zhou Fangfang 2019 2014 2017
Reviewed by: Zhu Yuqin 2000 2000 2021
(1) Employment of project partners in recent three years:
Name: Yang Zhiping
Time listed company name position
2019 Guosheng Financial Holding Inc(002670) project partner
2019 Shanghai Kehua Bio-Engineering Co.Ltd(002022) project partner
2019-2021 Richinfo Technology Co.Ltd(300634) project partner
2019-2020 Eurocrane (China) Co.Ltd(603966) project partner
2019-2021 Fujian Yongfu Power Engineering Co.Ltd(300712) project partner
2019 Argus ( Shanghai) Textile Chemicals Co.Ltd(603790) project partner
2020-2021 Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) project partner
2020 Beijing Zuojiang Technology Co.Ltd(300799) project partner
2020-2021 Geron Co.Ltd(002722) project partner
(2) Employment of the signing accountant in recent three years:
Name: Zhou Fangfang
Time listed company name position
Signed accountant in 2020 Sichuan Jiuyuan Yinhai Software Co.Ltd(002777)
Signed accountant Fujian Yongfu Power Engineering Co.Ltd(300712) in 2021
(3) Employment of quality control reviewer in recent three years:
Name: Zhu Yuqin
Time listed company name position
2019-2021 Suzhou Good-Ark Electronics Co.Ltd(002079) project partner
2020-2021 Shanghai Dragonnet Technology Co.Ltd(300245) project partner
2020-2021 Wutong Holding Group Co.Ltd(300292) project partner
2020-2021 Shanghai No.1 Pharmacy Co.Ltd(600833) project partner
2021 Shanghai Material Trading Co.Ltd(600822) project partner
2. Record of independence and integrity of project team members
The project partner, the signing certified public accountant and the quality control reviewer do not violate the independence requirements of the code of professional ethics for Chinese certified public accountants.
Project partner Yang Zhiping was subject to regulatory talk measures once in 2020.
In addition, the project partner, the signing certified public accountant and the quality control reviewer have not been subject to other criminal penalties, administrative penalties, supervision and management measures, self-discipline supervision measures and disciplinary sanctions in recent three years.
（3） Audit fees
1. Audit fee pricing principle
The pricing is mainly based on the responsibility of professional services and the degree of professional technology investment, taking into account the experience and level of employees involved in the work, the corresponding charging rate and the working hours invested.
2. Year on year changes in audit fees
Audit content: increase or decrease in 2020 and 2021
Audit of financial statements: 800000.95 million 18.75%
Special audit (excluding internal control assurance) 100000 0.00%
Total 900000.05 million 16.67%
2、 Procedures to be performed by the accounting firm to be renewed
(i) Performance of the audit committee
The first meeting of the audit committee of the third board of directors of the company deliberated and adopted the proposal on renewing the appointment of accounting firms. The members of the audit committee of the company checked the professional competence, investor protection ability, integrity and independence of Xinxin Certified Public Accountants (special general partnership), and agreed that it has the qualification requirements for serving the company, has sufficient experience and good practice team, is familiar with the company’s business, and can meet the requirements of the company’s annual audit.
（2） Prior approval and independent opinions of independent directors
1. Prior approval
Lixin has sufficient experience and good practice team, is familiar with the company’s business, can meet the requirements of the company’s annual audit, and has sufficient independence, professional competence, investor protection ability and good integrity. The employment is legal and compliant, and does not harm the interests of the company and minority shareholders.
We agree to submit the above matters to the second meeting of the third board of directors for deliberation.
2. Independent opinion
Lixin has the experience and ability to provide audit services for listed companies. Since the company hired Lixin as the audit institution of the company, it has been diligent and responsible, insisted on fair and objective independent audit, completed various audit tasks as planned, and the report issued fairly and objectively reflects the financial status, production and operation of the company during the reporting period. Lixin’s professional competence, investor protection ability, integrity and independence meet the qualification requirements for serving the company. The employment is legal and compliant, and does not harm the interests of the company and minority shareholders. The company has performed sufficient and appropriate review procedures.
As an independent director of the company, we agree to renew the appointment of Lixin as the company’s annual audit institution and agree to submit the matter to the tenth extraordinary general meeting of shareholders in 2021 for deliberation.
（3） Deliberation and voting of proposals by the board of directors
On December 14, 2021, the company held the second meeting of the third board of directors, deliberated and approved the proposal on renewing the appointment of accounting firm by unanimous vote, proposed to renew the appointment of Lixin as the audit institution of the company’s financial report in 2021, and agreed to submit the proposal to the tenth extraordinary general meeting of shareholders in 2021 for deliberation. （4） Effective date
The proposal on renewing the appointment of accounting firm shall come into force after being deliberated and approved by the tenth extraordinary general meeting of shareholders in 2021 held by the company on December 30, 2021.
3、 Filing documents
1. Resolutions of the second meeting of the third board of directors;
2. Resolutions of the first meeting of the third Audit Committee;
3. Prior approval opinions of independent directors on relevant proposals of the second meeting of the third board of directors;
4. Independent opinions of independent directors on matters related to the second meeting of the third board of directors;
5. Explanation on the basic information of the proposed accounting firm.
It is hereby announced.
Fujian Yongfu Power Engineering Co.Ltd(300712) board of directors December 14, 2021
