Securities Code: 300920 Securities Abbreviation: Runyang Technology Announcement Number: 2026-018 Zhejiang Runyang New Materials Co., Ltd. Announcement on Re-appointment of Auditor for 2026
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Zhejiang Runyang New Materials Co., Ltd. (hereinafter referred to as the "Company") held the twenty-fifth meeting of the Fourth Board of Directors on March 30, 2026, and reviewed and approved the "Proposal on Re-appointing the Auditor for 2026". The Board of Directors agreed to re-appoint Lixin Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Lixin") as the Company's auditor for 2026. This proposal needs to be submitted to the Company's 2025 Annual Shareholders' Meeting for review. The re-appointment of the accounting firm complies with the "Administrative Measures for the Selection and Appointment of Accounting Firms by State-owned Enterprises and Listed Companies" (Cai Kuai [2023] No. 4) issued by the Ministry of Finance, the State-owned Assets Supervision and Administration Commission of the State Council, and the China Securities Regulatory Commission. The specific details are hereby announced as follows:
I. Basic Information of the Proposed Re-appointed Accounting Firm
(I) Firm Information
- Basic Information Name: Lixin Certified Public Accountants (Special General Partnership) Unified Social Credit Code: 91310101568093764U Firm Type: Special General Partnership
Lixin was founded in Shanghai in 1927 by Dr. Pan Xilun, a renowned Chinese accounting scholar. It was re-established in 1986 and became the first special general partnership accounting firm in China to complete its restructuring in 2010. Its registered address is in Shanghai. Lixin is a member of the international accounting network BDO and has long been engaged in securities service business. It held securities and futures business licenses before the implementation of the new Securities Law, possesses H-share audit qualifications, and is registered with the Public Company Accounting Oversight Board (PCAOB) in the United States. Registered Address: 4th Floor, 61 Nanjing East Road, Huangpu District, Shanghai Managing Partners: Zhu Jiandi, Yang Zhiguo
As of the end of 2025, Lixin has 300 partners, 2,523 certified public accountants, and a total of 9,933 employees.
The number of certified public accountants who have signed securities service business audit reports is 802. Lixin's business revenue for 2025 (unaudited) was RMB 5.00 billion, of which audit business revenue was RMB 3.672 billion and securities business revenue was RMB 1.505 billion. In 2025, Lixin provided annual report audit services for 770 listed companies, with audit fees of RMB 0.916 billion. It served 19 listed companies in the same industry.
- Investor Protection Capability
As of the end of 2025, Lixin has set aside a professional risk fund of RMB 171 million and purchased professional liability insurance with a cumulative compensation limit of RMB 1.05 billion. This professional liability insurance can cover civil compensation liabilities arising from audit failures. 情况: