Securities Code: 001312 Securities Abbreviation: Fuen Shares Announcement No.: 2026-012
Hangzhou Fuen Co., Ltd. Announcement on Re-engagement of Accounting Firm
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
Special Reminder: The re-engagement of the accounting firm complies with the "Measures for the Selection and Engagement of Accounting Firms by State-owned Enterprises and Listed Companies" issued by the Ministry of Finance, the State-owned Assets Supervision and Administration Commission of the State Council, and the China Securities Regulatory Commission.
Hangzhou Fuen Co., Ltd. (hereinafter referred to as the "Company") held the 18th meeting of the First Board of Directors on April 27, 2026, and reviewed and approved the "Proposal on Re-engaging the Accounting Firm." The Company proposes to re-engage Tianjian Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Tianjian Firm") as the accounting firm for the Company's 2026 annual financial report and internal control audit. The relevant matters are hereby announced as follows:
I. Basic Information of the Proposed Re-engagement of Accounting Firm
Tianjian Firm possesses qualifications for securities and futures related business audits and has rich experience and professional ethics in auditing listed companies, which can better meet the Company's requirements for establishing and improving internal controls and financial auditing. During its tenure as the Company's audit institution, it has diligently performed its duties, complied with relevant regulations such as the "Chinese Certified Public Accountants Independent Auditing Standards," and adhered to independent, objective, and fair auditing principles to issue fair and reasonable audit opinions. To maintain the continuity of audit work, the Company proposes to re-engage Tianjian Firm as the Company's audit institution for 2026. The Company's Board of Directors proposes to authorize the Chairman to negotiate the audit fees for 2026 with Tianjian Firm based on the actual audit work.