Yunnan Energy New Material proposes new auditor for 2025 financial year

Yunnan Energy New Material (002812) announced its proposal to appoint Dahua Certified Public Accountants as its auditor for the 2025 financial year, replacing Rongcheng Certified Public Accountants. This change is intended to bolster the independence and objectivity of the company's audit work, aligning with its business development and overall audit requirements. The company has communicated with both firms, and all parties have acknowledged and expressed no objection to the change.

Dahua Certified Public Accountants, established in 2012, had 150 partners and 887 registered accountants as of December 31, 2024. The firm reported total audited income of RMB 2,107,341,200 in 2024, with audit services contributing RMB 1,898,807,600 and securities services RMB 804,723,700. For the 2025 financial year, the proposed audit fee for Yunnan Energy New Material is RMB 2,800,000, covering both annual report and internal control audits.

The appointment has been approved by the company's audit committee and board of directors, and now awaits approval from shareholders at the 2025 ninth extraordinary general meeting. The change will take effect upon shareholder approval.