Shenzhen Sunlord Electronics Co., Ltd. Announcement on the Reappointment of the Accounting Firm for the Listed Company
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
I. Basic Information on the Proposed Reappointment of the Accounting Firm
(1) Firm Information
Rongcheng Accounting Firm (Special General Partnership) was renamed from Huapu Tianjian Accounting Firm (Special General Partnership), originally established in August 1988, and restructured into a special general partnership on December 10, 2013. It is one of the earliest accounting firms authorized to engage in securities services in China and has long been involved in securities services. The registered address is 10th Floor, Building 1, No. 22 Fuchengmen Outer Street, Xicheng District, Beijing, with Liu Wei as the chief partner.
(2) Personnel Information
As of December 31, 2025, Rongcheng Accounting Firm has 196 partners and 1,549 certified public accountants, of which 781 have signed audit reports for securities services.
(3) Business Scale
The total audited revenue of Rongcheng Accounting Firm for the year 2024 is RMB 2,510.258 million, with audit service revenue of RMB 2,348.6294 million and securities and futures service revenue of RMB 1,237.6458 million. The firm undertook the annual report audit services for 518 listed companies in 2024, with total audit fees of RMB 620.4752 million, primarily concentrated in various industries including manufacturing, information transmission, software and information technology services, wholesale and retail, scientific research and technical services, construction, water conservancy, environmental and public facility management. The number of audit clients in the same industry as Shenzhen Sunlord Electronics Co., Ltd. is 383.
(4) Investor Protection Capability
Rongcheng Accounting Firm has purchased professional liability insurance for certified public accountants, with a cumulative compensation limit exceeding RMB 250 million, and the purchase of professional insurance complies with relevant regulations. In the past three years, there have been civil liabilities in related civil litigation: On September 21, 2023, the Beijing Financial Court ruled on the securities false statement liability dispute case of LeTV Network Information Technology (Beijing) Co., Ltd. [(2021) Jing 74 Min Chu 111]. The ruling held Huapu Tianjian Consulting (Beijing) Co., Ltd. and Rongcheng Accounting Firm (Special General Partnership) jointly liable for compensating the losses of plaintiff investors who purchased LeTV stock after March 17, 2011, within a range of 1%. Huapu Tianjian Consulting and Rongcheng Accounting Firm have appealed the ruling, and the case is currently in the second-instance litigation process.