Stock Code: Maanshan Iron & Steel Company Limited(600808) stock abbreviation: Maanshan Iron & Steel Company Limited(600808) Announcement No.: pro 2022016 Maanshan Iron & Steel Company Limited(600808)
Announcement on reappointment of accounting firm
Maanshan Iron & Steel Company Limited(600808) (“the company” or “the company”) the board of directors and all directors 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:
Name of the accounting firm to be employed: Ernst & Young Huaming accounting firm (special general partnership) I. Basic information of the accounting firm to be employed
(I) institutional information
1. Basic information. Ernst & Young Huaming Certified Public Accountants (special general partnership) (hereinafter referred to as “Ernst & Young Huaming”) was established in September 1992, completed the localization transformation in August 2012, and transformed from a Sino foreign cooperative limited liability firm to a special general partnership firm. Ernst & Young Huaming is headquartered in Beijing and its registered address is room 01-12, 17th floor, Ernst & Young building, Oriental Plaza, No. 1, East Chang’an Street, Dongcheng District, Beijing. By the end of 2021, it has 203 partners, and the chief partner is Mr. Mao Anning. An Yonghua Ming has always paid attention to talent training. By the end of 2021, it has 1604 certified public accountants, including more than 1300 certified public accountants with experience in securities related business services, and more than 400 certified public accountants who have signed the audit report of securities service business. Ernst & Young Huaming’s total business revenue in 2020 was 4.76 billion yuan, including 4.589 billion yuan from audit business (including 2.146 billion yuan from securities business). In 2020, there were 100 annual report audit clients of A-share listed companies, with a total charge of 824 million yuan. The main industries of these listed companies involve manufacturing, finance, wholesale and retail, information transmission, software and information technology services, real estate, etc. The company has 44 audit clients of Listed Companies in the same industry.
2. Investor protection ability. Ernst & Young Huaming has good investor protection ability and has purchased professional insurance in accordance with relevant laws and regulations, covering Beijing head office and all branches. The sum of the accrued occupational risk fund and the purchased occupational insurance cumulative compensation limit exceeds 200 million yuan. Ernst & Young Huaming has not borne any civil liability due to civil litigation related to practice in recent three years.
3. Integrity record. Ernst & Young Huaming and its employees have not been subject to any criminal punishment or administrative punishment due to their professional behavior in recent three years, as well as the self-discipline supervision measures and disciplinary sanctions of self-discipline organizations such as stock exchanges and industry associations. It has twice received the decision of warning letter measures issued by the securities regulatory authority, involving 13 employees. The aforesaid decision to issue a warning letter is a supervisory and administrative measure, not an administrative penalty. According to the provisions of relevant laws and regulations, the supervision and management measures will not affect an Yonghua ming to continue to undertake or perform securities service business and other businesses.
(II) project information
1. Basic information
(1) Ms. Guo Jing, the project partner, became a certified public accountant in 2005, began to engage in audit services for listed companies in 2004 and provided audit services for the company in 2020; He has more than 13 years of professional service experience in signing / reviewing the annual reports / internal control audit of several listed companies, including non-ferrous metal smelting and rolling processing industry, ferrous metal smelting and rolling processing industry, general equipment manufacturing industry, electrical machinery and equipment manufacturing industry, ecological protection and environmental governance industry.
(2) Mr. Zhao Yizhi, the reviewer of quality control, became a certified public accountant in 2002, began to engage in the audit of Listed Companies in 2002, began to practice at Ernst & Young Huaming in 1995, and began to provide audit services for the company in 2012 (including the rotation period from 2017 to 2018); In the past three years, we have signed / reviewed the annual reports / internal control audits of several listed companies, involving industries such as electric power, thermal power production and supply industry, non-ferrous metal mining and beneficiation industry, non-ferrous metal smelting and rolling processing industry, and ferrous metal smelting and rolling processing industry.
(3) Certified public accountant to be signed
1) The first certified public accountant to be signed is the same as the project partner.
2) Mr. Gong Wei, the proposed second signing certified public accountant, is now the senior manager of Ernst & Young Huaming. He became a certified public accountant in 2015, began to audit listed companies in 2010, began to practice at Ernst & Young Huaming in 2015 and began to provide audit services for the company in 2019; Signed / reviewed the annual report / internal control audit of a listed company in recent three years, involving ferrous metal smelting and rolling processing industry.
2. Integrity record
The above project partners, quality control reviewers and current signing accountants have not violated the independence requirements of the code of professional ethics for Chinese certified public accountants, and have not been subject to criminal punishment, administrative punishment, administrative supervision measures and self-discipline supervision measures in the past three years.
3. Independence
Ernst & Young Huaming and the above project partners, signed certified public accountants and project quality control reviewers do not violate the independence requirements of the code of professional ethics for Chinese certified public accountants.
4. Audit fees
An Yonghua Ming is the auditor of the company in 2021 (i.e. accounting firm). The company paid Ernst & Young Huaming 3.26 million yuan (including tax, the following are tax inclusive) for the annual audit fee and the agreed procedure fee for the Interim Implementation in 2021, including 2.76 million yuan (including 550000 yuan for the internal control audit fee) and 500000 yuan for the agreed procedure fee for the Interim Implementation. During the auditor’s work in the company, the company provides working meals and transportation in the plant, and other accommodation and transportation shall be taken care of by itself.
The 2021 annual general meeting of shareholders of the company will consider the appointment of an Yonghua Ming as the auditor of the company in 2022, and suggest that the general meeting of shareholders authorize the board of directors to decide on his remuneration. If the matter is approved by the general meeting of shareholders, the board of directors of the company will determine the audit fee for 2022 according to the audit work and other conditions in 2022.
2、 Procedures to be performed by the accounting firm to be reappointed
(I) the audit (AUDIT) Committee of the board of directors composed of all independent directors of the company believes that an Yonghua Ming has professional competence and investor protection ability, does not violate the independence requirements of the code of professional ethics for Chinese certified public accountants, and the integrity record has no impact on his service to the company. Agree to renew his appointment as the auditor of the company in 2022 and submit it to the board of directors for deliberation.
(II) the independent directors of the company issued prior approval and independent opinions and believed that an Yonghua Ming has the qualification of accounting firm and H-share enterprise audit, and has rich professional experience and good professional service ability in securities business services. At the same time, an Yonghua Ming has provided annual audit services for the company for many years, continuously understands the company, works diligently and continuously improves. Agree to renew his appointment as the auditor of the company in 2022. On March 23, 2022, the 58th meeting of the ninth board of directors of the company deliberated and approved the proposal on the remuneration of auditors in 2021 and the appointment of auditors in 2022 and authorized the board of directors to decide their remuneration. The voting procedure is legal and effective, and there is no situation that damages the interests of minority shareholders.
(III) the company held the 58th meeting of the ninth board of directors on March 23, 2022. Five directors should be present at the meeting, and actually five directors. After voting, the five directors unanimously considered and approved the matter, proposed to appoint an Yonghua Ming as the auditor of the company in 2022, and suggested that the general meeting of shareholders authorize the board of directors to determine its remuneration.
(IV) the matter still needs to be submitted to the 2021 annual 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.
Maanshan Iron & Steel Company Limited(600808) board of directors March 23, 2022
