Securities abbreviation: Kweichow Moutai Co.Ltd(600519) securities code: Kweichow Moutai Co.Ltd(600519) No.: Lin 2022006 Kweichow Moutai Co.Ltd(600519)
Announcement on the renewal of accounting firm
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:
● Kweichow Moutai Co.Ltd(600519) (hereinafter referred to as the company) plans to renew the appointment of Tianzhi International Certified Public Accountants (special general partnership) as the company's financial audit institution and internal control audit institution in 2022. 1、 Basic information of the accounting firm to be employed
(I) institutional information
1. Basic information
Founded in December 1988 and headquartered in Beijing, Tianzhi International Certified Public Accountants (special general partnership) (hereinafter referred to as Tianzhi International) is a super large comprehensive consulting organization focusing on audit and assurance, capital market services, management consulting, government affairs consulting, tax services, legal affairs and liquidation, information technology consulting, engineering consulting and enterprise valuation.
The chief partner of Tianzhi international is Qiu Jingzhi, whose registered address is area A-1 and a-5, building 68, No. 19, Chegongzhuang West Road, Haidian District, Beijing. The organizational form is special general partnership.
Tianzhi international has obtained the practice certificate issued by the Beijing Municipal Bureau of finance. It is one of the first accounting firms in China to obtain the qualification of securities and futures related business, the qualification of engaging in the audit business of super large state-owned enterprises, the qualification of financial audit, the qualification of Accounting judicial appraisal, and the qualification of security and confidentiality of military secret related business consulting services, And registered with PCAOB in the United States. Tianzhi international has been engaged in securities service business for more than 20 years.
As of December 31, 2021, there were 71 partners of Tianzhi international, 939 certified public accountants and 313 certified public accountants who signed the audit report of securities service business.
In 2020, the total audited revenue of Tianzhi international was 2.228 billion yuan, the audit revenue was 1.693 billion yuan and the securities business revenue was 813 million yuan. In 2020, there were 185 audit clients of listed companies, and the main industries (industries of the CSRC, the same below) include manufacturing, information transmission, software and information technology services, power, heat, gas and water production and supply, transportation, warehousing and postal services, real estate, etc. the total audit fees were 207 million yuan, and the company had 110 audit clients of Listed Companies in the same industry.
2. Investor protection ability
In accordance with relevant laws and regulations, Tianzhi international has accrued full amount of occupational risk fund in previous years, and the cumulative compensation limit of accrued occupational risk fund and purchased occupational insurance shall not be less than 80 million yuan. The withdrawal of occupational risk fund and the purchase of occupational insurance comply with relevant regulations. In recent three years (from 2019, 2020, 2021 and the beginning of 2022 to the date of this announcement, the same below), Tianzhi international has not borne civil liability in relevant civil proceedings due to its practice.
(II) integrity record
0 times of criminal punishment and 0 times of self-discipline management measures in recent years. In the past three years, employees have been subject to supervision and management measures for practice for 6 times, involving 16 personnel. There is no case of criminal punishment, administrative punishment and self-discipline supervision measures for practice.
2、 Project information
(I) basic information
The basic information of the project partner, signing certified public accountant and project quality control reviewer is as follows: project partner and signing certified public accountant 1: Tong Wenguang, who became a certified public accountant in 1999, began to engage in the audit of Listed Companies in 2010, began to practice in Tianzhi international in 2010, began to provide audit services for the company in 2018, and signed 6 audit reports of Listed Companies in recent three years, One audit report of a listed company has been reviewed in recent three years.
Signature certified public accountant 2: Liu Zonglei, who became a certified public accountant in 2014, began to engage in the audit of Listed Companies in 2010, began to practice in Tianzhi international in 2019, began to provide audit services for the company in 2019, signed 4 audit reports of Listed Companies in recent three years and reviewed 0 audit reports of Listed Companies in recent three years.
Signature certified public accountant 3: Yang Shu, who became a certified public accountant in 2016, began to engage in the audit of Listed Companies in 2014, began to practice in Tianzhi international in 2016, began to provide audit services for the company in 2018, signed 1 audit report of Listed Companies in recent three years and reviewed 0 audit report of Listed Companies in recent three years.
Reviewer of project quality control: Wang Haodong, who became a certified public accountant in 2008, began to engage in the audit of Listed Companies in 2007, began to practice in Tianzhi international in 2007, began to provide audit services for the company in 2018, signed 0 audit reports of Listed Companies in recent three years, and rechecked no less than 20 audit reports of Listed Companies in recent three years.
(II) integrity record
In the past three years, the project partner, the signing certified public accountant and the project quality control reviewer have not been subject to criminal punishment due to their professional behavior, administrative punishment and supervision measures by the CSRC and its dispatched offices, industry competent departments, self-discipline supervision measures and disciplinary sanctions by self-discipline organizations such as stock exchanges and industry associations.
(III) independence
There are no circumstances that may affect the independence of Tianzhi international, project partners, signing certified public accountants and project quality control reviewers.
(IV) audit fees
The audit service charge of Tianzhi international is determined according to the business responsibility, complexity, work requirements, required working conditions and working hours, as well as the professional knowledge and working experience invested by staff at all levels who actually participate in the business. The total audit fee in 2022 is 1.61 million yuan (including annual report audit fee of 1.2 million yuan and internal control audit fee of 410000 yuan), an increase of 230000 yuan compared with the audit fee in the previous period.
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 has fully understood and evaluated the professional competence, investor protection ability, independence and integrity of Tianzhi international, and believes that Tianzhi international has relevant professional qualifications and experience and ability to provide audit services for the company. In the audit of the company's annual report in 2021, Tianzhi international completed all audit work independently, objectively and fairly. The audit report issued by Tianzhi international truly, accurately and completely reflected the company's financial status and operating results. It is recommended that the company continue to hire Tianzhi international as the company's financial audit institution and internal control audit institution in 2022.
(II) prior approval and independent opinions of independent directors
Before the meeting, the independent directors of the company approved the proposal to renew the appointment of the accounting firm and expressed their consent.
The independent directors of the company believe that Tianzhi international has the professional qualification and competence to provide audit services for the company, can fulfill their duties in the audit work, follow the independent, objective and fair professional standards, and agree that the company will continue to employ Tianzhi international as the financial audit institution and internal control audit institution of the company in 2022.
(III) the second meeting of the third board of directors of the company in 2022 deliberated and approved the proposal on employing 2022 financial audit institution and internal control audit institution, and agreed to continue to appoint Tianzhi international as the company's 2022 financial audit institution and internal control audit institution.
(IV) the renewal of the accounting firm shall be submitted to the general meeting of shareholders of the company for deliberation, and the renewal shall take effect after it is deliberated and approved by the general meeting of shareholders of the company.
4、 Directory of documents for future reference
(I) resolution of the second meeting of the third board of directors in 2022;
(II) independent opinions of independent directors on relevant proposals of the second meeting of the third board of directors in 2022;
(III) report on the performance of the audit committee of the board of directors in 2021;
(IV) Tianzhi International's basic information.
It is hereby announced.
Kweichow Moutai Co.Ltd(600519) board of directors March 31, 2022
