Chapter 1 General Principles
Article 1
To standardize the appointment of accounting firms by Hangzhou Wanlong Optoelectronic Equipment Co., Ltd. (hereinafter referred to as "the Company"), promote audit quality, and protect the legitimate rights and interests of stakeholders and accounting firms, these measures are formulated in accordance with the Company Law of the People's Republic of China, the Management Measures for the Appointment of Accounting Firms by State-owned Enterprises and Listed Companies, and other relevant laws and regulations, as well as the provisions of the Articles of Association of Hangzhou Wanlong Optoelectronic Equipment Co., Ltd. (hereinafter referred to as "the Articles of Association"), combined with the actual situation of the Company.
Article 2
The term "appointment of accounting firms" in these measures refers to the Company's engagement of accounting firms to express audit opinions and issue audit reports on financial accounting reports in accordance with relevant laws and regulations. The Company may also apply these measures to engage accounting firms for other statutory audit services beyond financial accounting report audits.
Article 3
The hiring or dismissal of accounting firms by the Company shall be reviewed and approved by the Audit Committee, submitted to the Board of Directors for deliberation, and decided by the Shareholders' Meeting.
Chapter 2 Procedures for the Appointment of Accounting Firms
Article 4
The Company shall adopt competitive negotiation, public bidding, invitation to bid, and other methods that allow for a comprehensive understanding of the competency of accounting firms to ensure that the appointment process is fair and just. When using competitive negotiation, public bidding, or invitation to bid, the appointment documents shall be published through public channels such as the Company’s official website, and must include basic information about the appointment, evaluation factors, and specific scoring criteria. The Company shall legally determine the response time for accounting firms to submit application documents after the appointment documents are published, ensuring sufficient time for firms to obtain appointment information and prepare application materials. The Company shall not impose unreasonable conditions to restrict or exclude potential applicants, nor tailor appointment conditions for specific accounting firms. The results of the appointment shall be publicly disclosed in a timely manner, including the proposed accounting firm and audit fees.