JNCEC Proposes Appointment of Grant Thornton as Domestic Auditor

Stock News05-19

JNCEC (00579) announced that, due to contract expiration, Tianzhi International Certified Public Accountants (Special General Partnership) will resign as the company's domestic auditor upon the conclusion of its current term, effective at the end of the annual shareholders' meeting to be held on June 25, 2026. To comply with state-owned enterprise regulatory requirements and applicable accounting standards, the company conducted an invitation tender for audit services, which was awarded to Grant Thornton Certified Public Accountants (Special General Partnership). Based on the tender results and the recommendation of the board's audit committee, the board has resolved to propose the appointment of Grant Thornton as the company's domestic auditor for the 2026 fiscal year. The appointment will be effective from the conclusion of the upcoming annual shareholders' meeting until the end of the company's next annual shareholders' meeting, with audit fees amounting to approximately RMB 2.52 million.

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