Inner Mongolia Electric Power changes auditor, approves related-party property deal

Inner Mongolia Electric Power Investment Energy Co., Ltd. announced the appointment of Da Xin Certified Public Accountants (Special General Partnership) as its auditor for the 2025 financial statements. This replaces Tianjian Certified Public Accountants (Special General Partnership), which had served for three years. The change ensures audit independence and complies with regulations for state-owned enterprises and listed companies. The estimated audit fee is yuan 1,325,000, a decrease of yuan 93,000 from the previous period. The proposal awaits shareholder approval.

Additionally, the company approved a related-party transaction for property management services at its Hohhot Production Dispatch and Command Center. The yuan 40,929,000 (tax inclusive) contract for 15 months was awarded via single-source procurement to Shanghai China Power New Energy Real Estate Development Co., Ltd. (a related party). The agreement covers nine services including cleaning, customer service, greening, engineering maintenance, catering, security, driving, and strong and transfer system operation and maintenance. Independent directors approved the transaction, noting it is a normal business practice with fair pricing based on market rates.