Kairui De Holdings Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
On April 28, 2020, the 25th meeting of the 7th board of directors of Kairui De Holdings Co., Ltd. reviewed and approved the proposal on the reappointment of the audit institution for the year 2020, intending to reappoint Asia-Pacific (Group) CPA Firm (Special General Partnership) (hereinafter referred to as "Asia-Pacific Group") as the audit institution for the year 2020. This proposal is subject to approval by the shareholders' meeting. The relevant matters are announced as follows:
I. Explanation of the Reappointment of the CPA Firm
Asia-Pacific Group is a CPA firm primarily engaged in the audit business of listed companies, independently undertaking CPA services in accordance with the law. It has qualifications for securities and futures-related business and possesses the experience and capability to provide audit services for listed companies, adhering to independent, objective, and fair professional standards, and meeting the requirements for establishing and improving internal controls and financial audit work.
On March 26, 2020, the Company held its first extraordinary shareholders' meeting of 2020, which approved the proposal to appoint a CPA firm, hiring Asia-Pacific Group as the audit institution for the year 2019. To ensure the smooth progress of the Company's audit work for 2020, the board of directors' audit committee proposed to reappoint Asia-Pacific Group as the audit institution for the year 2020. The board of directors intends to request the shareholders' meeting to authorize the chairman to determine the audit remuneration for Asia-Pacific Group.
II. Basic Information of the Proposed CPA Firm
- Firm Information
Item Details Firm Name Asia-Pacific (Group) CPA Firm (Special General Partnership) Unified Social Credit Code 911100000785632412 Enterprise Type Special General Partnership Executive Partner Wang Zilong Establishment Date September 2, 2013 Business Location Room 301, Building 1 (B2), No. 9 Chegongzhuang Street, Xicheng District, Beijing Business Scope Reviewing enterprise financial statements, issuing audit reports; verifying enterprise capital, issuing capital verification reports; handling audit business in enterprise mergers, divisions, and liquidations, issuing relevant reports; annual financial settlement audits for basic construction; bookkeeping; accounting consulting, tax consulting, management consulting, accounting training; other businesses as stipulated by laws and regulations.