Securities code: Wuxi Apptec Co.Ltd(603259) securities abbreviation: Wuxi Apptec Co.Ltd(603259) Announcement No.: pro 2022030 Wuxi Apptec Co.Ltd(603259)
Announcement on reappointment of accounting firm in 2022
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
\uf020 name of domestic accounting firm to be renewed in 2022:
Deloitte Touche Tohmatsu (special general partnership).
\uf020 this proposal needs to be submitted to the general meeting of shareholders of Wuxi Apptec Co.Ltd(603259) (hereinafter referred to as “the company” or “the company”) for deliberation.
1、 Basic information about the proposed renewal of domestic accounting firm
(I) institutional information
1. Basic information
Deloitte Touche Tohmatsu (special general partnership) (hereinafter referred to as “Deloitte Touche Tohmatsu”) was formerly known as Hujiang Deloitte Touche Tohmatsu Co., Ltd. established in February 1993. It was renamed Deloitte Touche Tohmatsu Co., Ltd. in 2002 and was transformed into a special general partnership with the approval of the Ministry of Finance and other departments in September 2012. Deloitte Huayong’s registered address is 30 / F, No. 222 Yan’an East Road, Huangpu District, Shanghai.
Deloitte Huayong has the practice certificate of accounting firm approved by the Ministry of finance, and is approved by the Ministry of Finance and China Securities Regulatory Commission to engage in the audit business of H-share enterprises. Deloitte Huayong has filed for securities service business in accordance with the administrative measures for the filing of accounting firms engaged in securities service business and other relevant documents issued by the Ministry of Finance and the CSRC. Deloitte Huayong has been engaged in Securities and futures related service business for more than 20 years and has rich experience in securities service business.
2. Personnel information
The chief partner of Deloitte Huayong is Mr. Fu Jianchao. At the end of 2021, there were 220 partners, 6681 employees and 1131 certified public accountants, including more than 220 certified public accountants who signed the audit report of securities service business.
3. Business scale
Deloitte Huayong’s total audited business income in 2020 was RMB 4 billion, including audit business income of RMB 3.1 billion and securities business income of RMB 688 million. Deloitte Huayong provided annual report audit services for 60 listed companies in 2020, with a total audit fee of RMB 205 million. Among the listed companies served by Deloitte Huayong, the main industries are manufacturing, finance, information transmission, software and information technology services, real estate and mining. Among the listed companies that Deloitte Huayong provides audit services, there are 2 customers in the same industry as the company.
4. Investor protection ability
The cumulative compensation limit of occupational insurance purchased by Deloitte Huayong exceeds 200 million yuan, which is in line with relevant regulations. Deloitte Huayong has not borne civil liability in relevant civil proceedings due to its practice in recent three years.
5. Integrity record
Deloitte Huayong and its employees have not been subject to criminal punishment or administrative punishment due to their professional behavior in recent three years, and have not been subject to the supervision and management measures of securities regulatory institutions or the self-discipline supervision measures and disciplinary sanctions of stock exchanges, industry associations and other self-discipline organizations.
(II) project information
1. Basic information
Yu Yang, the project partner, is now a practicing member and senior member of the Chinese Institute of certified public accountants, a non practicing member of the American Institute of certified public accountants and the Australian Institute of public accountants. He is the certified public accountant signing the A-share audit report of the project. Mr. Yu Yang has been engaged in professional audit services for more than 20 years. He has worked full-time in the firm and has provided audit services for many large state-owned enterprises, listed companies and multinational enterprises. The audit reports of listed companies signed by Mr. Yu Yang in recent three years include Jiangsu Expressway Company Limited(600377) audit report, Nanjing Chervon Auto Precision Technology Co.Ltd(603982) audit report and Ways Electron Co.Ltd(605218) audit report. Mr. Yu Yang has provided professional audit services for the company since 2019.
Mou Zhengfei, the reviewer of project quality control, is now a practicing member of Chinese certified public accountants and a member of the Hong Kong Institute of certified public accountants. Mr. Mou Zhengfei joined Deloitte Huayong since 1998 and registered as a Chinese certified public accountant in 2000. He worked full-time in the firm and provided audit services for many large state-owned enterprises, listed companies and multinational enterprises. Mou Zhengfei has been a partner for more than 13 years and has worked in securities business for more than 23 years. The audit reports of listed companies signed by Mou Zhengfei in recent three years include Adama Ltd(000553) . In addition, Mou Zhengfei served as the quality control reviewer of the audit of many listed companies. Mr. Mou Zhengfei has provided professional audit services for the company since 2018.
Mr. Chen Tangyin, the signatory certified public accountant, is now a practicing member of Chinese certified public accountants. Mr. Chen Tangyin joined Deloitte Huayong since 2008 and was registered as a certified public accountant in 2014. He worked full-time in the firm and provided audit services for many listed companies and multinational enterprises. The audit report of listed companies signed by Mr. Chen Tangyin in recent three years is the audit report of the company in 2020. Mr. Chen Tangyin has provided professional audit services for the company since 2020.
2. Integrity record
In the past three years, the above personnel have not been subject to criminal punishment or administrative punishment due to their professional behavior, nor have they been subject to the supervision and management measures of securities regulatory institutions or the self-discipline supervision measures and disciplinary sanctions of stock exchanges, industry associations and other self-discipline organizations.
3. Independence
Deloitte Huayong, the project partner, the signing certified public accountant and the project quality control reviewer have no circumstances that may affect their independence.
4. Audit fees
In 2021, the audit cost of consolidated financial statements of domestic listed companies was RMB 2.81 million, and the audit cost of internal control was RMB Shanghai Pudong Development Bank Co.Ltd(600000) . The total expenses for the audit of consolidated financial statements and internal control of domestic listed companies in 2020 are RMB 3.57 million. The total audit fees of consolidated financial statements and internal control of domestic listed companies in 2021 decreased by 4% year-on-year compared with the previous year. The above audit fees in 2021 are determined based on the time and cost spent by Deloitte Huayong’s partners and other employees at all levels in this audit, taking into account the responsibilities and risks of professional services and other factors.
Based on the audit fee of 2021, the audit fee of 2022 will be determined through consultation with the accounting firm in accordance with the fair and reasonable pricing principle of the market and the nature and complexity of audit services, and relevant review procedures will be performed.
2、 Procedures to be performed by the accounting firm to be renewed
(I) deliberation and voting of the board of directors
The company held the 24th Meeting of the second board of directors and the annual board meeting of 2021 on March 23, 2022, deliberated and approved the proposal on renewing the employment of domestic and foreign accounting firms in 2022, and agreed to renew the employment of Deloitte Touche Tohmatsu (special general partnership) as the domestic financial report audit institution and internal control audit institution of the company in 2022 for one year; Chen Deloitte’s financial report for the year of 2022 is approved by the overseas auditor.
Agree to request the general meeting of shareholders to authorize the board of directors to determine the audit fee according to the actual workload of Deloitte Huayong Certified Public Accountants (special general partnership) and Deloitte guanhuang Chenfang certified public accountants.
(II) review opinions of the audit committee of the board of directors
The audit committee of the board of directors expressed the following opinions: Deloitte Touche Tohmatsu (special general partnership) has the ability to continue to provide domestic audit related services for the company. It is recommended that the board of directors continue to hire Deloitte Touche Tohmatsu (special general partnership) as the domestic consolidated financial report audit institution and internal control audit institution of the company in 2022 for one year; Deloitte guanhuang Chenfang certified public accountants has the ability to continue to provide overseas audit related services for the company. It is suggested that the board of directors continue to hire Deloitte guanhuang Chenfang certified public accountants to act as the company’s overseas financial report audit institution in 2022 for one year. The general meeting of shareholders is requested to authorize the board of directors to determine the audit fee according to the actual workload of Deloitte Huayong Certified Public Accountants (special general partnership) and Deloitte guanhuang Chenfang certified public accountants. (III) prior approval and independent opinions of independent directors
The independent directors have approved in advance and agreed to submit the proposal to the board of directors for deliberation, and expressed independent opinions as follows: Deloitte Huayong Certified Public Accountants (special general partnership) and Deloitte guanhuang Chenfang certified public accountants have relevant business practice qualifications, are capable of continuing to provide domestic and foreign audit related services for the company, and do not have any behavior damaging the interests of the company and shareholders. Therefore, we agree to renew the appointment of Deloitte Touche Tohmatsu (special general partnership) as the domestic consolidated financial report audit institution and internal control audit institution of the company in 2022; Agree to renew the appointment of Deloitte’s accountant Guan Huang Chenfang as the company’s overseas financial report audit institution in 2022, and agree to submit relevant proposals to the company’s general meeting of shareholders for deliberation.
(IV) the renewal of the accounting firm needs to be submitted to the general meeting of shareholders of the company for deliberation and effective from the date of deliberation and approval by the general meeting of shareholders of the company.
It is hereby announced.
Wuxi Apptec Co.Ltd(603259) board of directors March 24, 2022
