Kaired 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 January 28, 2021, the 31st meeting of the 7th board of directors and the 15th meeting of the 7th supervisory board of Kaired Holdings Co., Ltd. reviewed and approved the proposal on the reappointment of the audit institution for 2021, intending to reappoint Asia-Pacific (Group) CPA Firm (hereinafter referred to as "Asia-Pacific Group") as the company's audit institution for 2021. This proposal is subject to approval at the shareholders' meeting. The relevant matters are announced as follows:
1. Explanation of the Reappointment of the CPA Firm
Asia-Pacific Group is a CPA firm primarily engaged in auditing listed companies, independently undertaking CPA business in accordance with the law, possessing qualifications for securities and futures-related business, and having the experience and capability to provide audit services to listed companies. They adhere to independent, objective, and fair professional standards and can meet the company's requirements for establishing sound internal controls and financial auditing.
On May 21, 2020, the company held the 2019 annual shareholders' meeting, which approved the proposal to reappoint Asia-Pacific Group as the audit institution for 2020. Asia-Pacific Group issued a qualified audit report on the company's 2020 financial statements. To ensure the smooth conduct of the company's 2021 audit work, the board of directors' audit committee proposed to reappoint Asia-Pacific Group as the audit institution for 2021. The board of directors intends to request the shareholders' meeting to authorize the chairman to determine the audit fees for Asia-Pacific Group.
2. 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 Type of Enterprise Special General Partnership Executive Partner Zhao Qingjun Date of Establishment September 2, 2013 Business Location 20th Floor, Building 3, No. 16 Lize Road, Fengtai District, Beijing Business Scope Reviewing corporate financial statements, issuing audit reports; verifying corporate capital, issuing capital verification reports; conducting audit business in corporate mergers, divisions, and liquidation, issuing relevant reports; annual financial settlement audits for basic construction; bookkeeping; accounting consulting, tax consulting, management consulting, accounting training; and other businesses as stipulated by laws and regulations.
Asia-Pacific Group was established in 1984 and is headquartered in Beijing, with over 20 branches in Zhengzhou, Shenzhen, Shanghai, Tianjin, Xiong'an, Nanjing, Guangzhou, and other locations. Each branch is uniformly managed in terms of human resources, project undertaking and execution, professional standards, quality control, and information systems, enabling them to provide nationwide standardized and convenient professional services. In 2011, Asia-Pacific Group joined the international organization - the International Association of Accountants (CPAAI), sharing resources and developing together within its framework. Asia-Pacific Group has qualifications for securities and futures-related business and has purchased professional liability insurance with a cumulative compensation limit of over 200 million yuan, covering civil liability due to audit failures.