Announcement on Re-appointment of Audit Firm for 2026
Securities code: 603363 Securities abbreviation: Aonong Biotechnology Announcement number: 2026-056
Fujian Aonong Biotechnology Group Co., Ltd.
Announcement on the Re-appointment of the Annual Audit Institution
2026
The company's board of directors and all directors guarantee that the contents of this announcement do not contain any false records, misleading statements or major omissions, and assume legal responsibility for the authenticity, accuracy and completeness of its contents.
Important content reminder:
Name of the accounting firm to be re-appointed: Rongcheng Accounting Firm (Special General Partnership)
Fujian Aonong Biotechnology Group Co., Ltd. (hereinafter referred to as the "Company") held the 26th meeting of the fourth board of directors on August 28, 2026, and reviewed and approved the "Proposal on Renewal of the Audit Institution for 2026". This proposal still needs to be submitted to the company's shareholders' meeting for review. The relevant matters are now announced as follows:
1. Basic information about the accounting firm to be appointed
(1) Institutional information
- Basic information
Rongcheng Accounting Firm (Special General Partnership) was renamed from the original Huapu Tianjian Accounting Firm (Special General Partnership). It was initially established in August 1988 and restructured into a special general partnership on December 10, 2013. It is one of the earliest accounting firms in China approved to engage in securities services business and has been engaged in securities services business for a long time. The registered address is Rooms 1001-1 to 1001-26, Floor 10, Building 1, No. 22 Fuchengmenwai Street, Xicheng District, Beijing, Chief Partner Liu Wei.
- Personnel information
As of December 31, 2025, Rongcheng Accounting Firm had a total of 233 partners and 1,507 certified public accountants, 856 of whom had signed the securities service business audit report.
- Business scale
The audited total revenue of Rongcheng Accounting Firm in 2025 was 2.9100844 million yuan, including 2.6371956 million yuan from auditing business and 1.3906964 million yuan from securities and futures business.
Rongcheng Accounting Firm is responsible for auditing the 2025 annual reports of 557 listed companies, with total audit fees of 575.5023 million yuan. Its clients are mainly concentrated in manufacturing, information transmission, software and information technology services, wholesale and retail, scientific research and technical services, construction, water conservancy, environment and public facilities management and other industries. Rongcheng Accounting Firm has 416 audit clients of listed companies in the same industry in which the company is located.
- Investor protection capabilities
Rongcheng Accounting Firm has purchased CPA professional liability insurance. The cumulative compensation limit of professional insurance is not less than 250 million yuan. The purchase of professional insurance complies with relevant regulations.
Civil liability in relevant civil litigation during practice in the past three years:
On September 21, 2023, the Beijing Financial Court issued a judgment on the securities misrepresentation liability dispute case of LeTV Information Technology (Beijing) Co., Ltd. (hereinafter referred to as LeTV) [(2021) Beijing 74 Minchu No. 111], ruling that Huapu Tianjian Consulting (Beijing) Co., Ltd. (hereinafter referred to as "Huapu Tianjian Consulting") and Rongcheng Accounting Firm (Special General Partnership) (hereinafter referred to as "Rongcheng Tepu") jointly settled the 2011 Plaintiff investors who have purchased LeTV shares after March 17, 2019 (inclusive) shall be jointly and severally liable with defendant LeTV for losses within 1%. Huapu Tianjian Consulting and Rongcheng Tepu have appealed after receiving the judgment. As of now, the case is still in the second instance proceedings.
On March 16, 2026, the Intermediate People’s Court of Xiamen City, Fujian Province settled the dispute over the liability for false statements of securities of Hongxiang Co., Ltd. (hereinafter referred to as Hongxiang Shares) [(2025) Min 02 Minchu No. 735, (2025) Min 02 Minchu 736 No.] issued a first-instance judgment, ruling that: the plaintiff (investor of Hongxiang Shares) claimed that Hongxiang Shares shall bear all liability for compensation for the reasonable part of the loss, and Rongcheng shall bear joint and several liability for compensation within the scope of 25%. Rong Cheng has appealed after receiving the judgment. As of now, the case is still in the second instance proceedings.
- Integrity record
In the past three years (the last three complete calendar years and the current year), Rongcheng Accounting Firm has been subject to 0 criminal penalties, 2 administrative penalties, 12 supervisory and management measures, 13 self-regulatory measures, 5 disciplinary actions, and 1 self-disciplinary action due to its professional conduct.
In the past three years (the last three complete calendar years and the current year), 108 employees have received 0 criminal penalties, 5 administrative penalties (a total of 3 items), 20 administrative regulatory measures, 1 industry punishment, 11 disciplinary sanctions, 10 self-regulatory regulatory measures, and 1 self-regulatory sanction due to their professional behavior.
According to the provisions of relevant laws and regulations, the aforementioned supervisory and management measures, self-regulatory measures and self-regulatory sanctions will not affect Rongcheng Accounting Firm's continued undertaking or execution of securities service business and other businesses.
(2) Project information
- Basic information
Project partner/project signing accountant: Zhang Huiling, became a Chinese certified public accountant in 2005, began to engage in the audit business of listed companies in 2007, and started practicing at Rongcheng Accounting Firm in 2019; she has signed multiple audit reports for listed companies in the past three years.
Project signing accountant: Li Chunmei, who became a certified public accountant in 2007, began to engage in the audit business of listed companies in 2008, started practicing at Rongcheng Accounting Firm in 2019, and began to provide audit services for the company in 2023; in the past three years, it has provided annual report audit and other securities services for a number of listed companies.
Project quality reviewer: Guo Xiaopeng, who started working in auditing in July 1999. In 2002, he became a Chinese certified public accountant and began to engage in the audit business of listed companies. He started working in project quality review in October 2010 and started practicing at Rongcheng Accounting Firm in 2020. He has reviewed the audit reports of many listed companies in the past three years.
- Integrity record
Li Chunmei, the certified accountant who signed the project, and Guo Xiaopeng, the project quality reviewer, have not been subject to criminal penalties, administrative penalties, supervisory and management measures, self-regulatory measures, or disciplinary sanctions due to their professional conduct in the past three years. Project partner Zhang Huiling has not been subject to criminal penalties, administrative penalties, self-regulatory measures, or disciplinary sanctions due to her professional behavior in the past three years. In the past three years, she has received one administrative supervision and management measure (warning letter) and one disciplinary action (notice of criticism) from the exchange (for the same project).
- Independence
Rongcheng Accounting Firm and the above-mentioned personnel did not violate the independence requirements of the "Chinese Code of Professional Ethics for Certified Public Accountants".
2. Procedures to be followed by the accounting firm to be re-appointed
(1) Opinions of the Audit Committee of the Board of Directors
The Audit Committee of the company's board of directors will perform duties related to this renewal in accordance with the "Administrative Measures for the Selection and Employment of Accounting Firms by State-owned Enterprises and Listed Companies" and the company's relevant systems. The Audit Committee of the company's board of directors has reviewed Rongcheng Accounting Firm. Its qualifications for engaging in securities business are in compliance with the relevant regulations of the China Securities Regulatory Commission, and it has the ability to provide audit services, professional competence and investor protection capabilities for listed companies; it has securities qualifications and has extensive experience in auditing listed companies. While serving as the company's annual audit agency in 2025, he can communicate with the company's audit committee, independent directors, and company management in a timely manner, effectively perform the responsibilities and obligations of the external audit agency, and be able to complete various audit services agreed with the company independently, objectively, fairly, and in a timely manner. In summary, it was agreed to appoint him as the company's auditor for 2026 and submit the matter to the company's board of directors for consideration.
(2) Review and voting by the board of directors
The company held the 26th meeting of the fourth board of directors on August 28, 2026, and reviewed and approved the "Proposal on Renewing the Audit Institution for 2026" with a vote of 9 in favor, 0 against, and 0 abstentions, and agreed to renew the appointment of Rongcheng Accounting Firm as the company's audit institution for 2026.
(3) The appointment of an accounting firm needs to be submitted to the company’s shareholders’ meeting for review and will take effect from the date of review and approval by the company’s shareholders’ meeting.
Announcement is hereby made.
Board of Directors of Fujian Aonong Biotechnology Group Co., Ltd.
August 31, 2026