Chapter 1 General Provisions
To standardize the selection (including re-appointment and change of appointment) of accounting firms by Shandong Delisi Food Co., Ltd. (hereinafter referred to as "the Company"), enhance audit quality, and effectively protect the legitimate rights and interests of shareholders, in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for the Selection of Accounting Firms by State-owned Enterprises and Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-regulatory Supervision Guide No. 1 - Normative Operation of Main Board Listed Companies," and other relevant laws and regulations, and in accordance with the "Articles of Association of Shandong Delisi Food Co., Ltd." (hereinafter referred to as "the Articles of Association"), this system is hereby formulated.
Article 2 For the purposes of this system, the selection of an accounting firm refers to the act of the Company appointing an accounting firm to express an audit opinion on the Company's financial accounting report and internal control, and to issue an audit report, in accordance with relevant laws and regulations. If the Company appoints an accounting firm to perform other statutory audit services, this system may be applied with reference.
Article 3 The Company's selection of an accounting firm shall be reviewed by the Audit Committee of the Board of Directors and deliberated by the Board of Directors and the Shareholders' Meeting. The Company shall not engage an accounting firm to conduct audit services before the deliberation by the Board of Directors and the Shareholders' Meeting.