Oriental Wealth Plans to Reappoint EY Huaming as the Auditor for 2026

MaticHoleFiller · 2026-03-20T14:05:24+00:00

Oriental Wealth Information Co., Ltd. approved the re-engagement of Ernst & Young Hua Ming Certified Public Accountants as the audit firm for 2026 at its board meeting on March 18, 2026. The engagement period is one year, and this matter requires approval by the shareholders' meeting. Ernst & Young Hua Ming is a large accounting firm with extensive experience, and its team members meet independence requirements.

MaticHoleFiller

2026-03-20 14:05:24

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Data from Zhongfangwang: On March 18, 2026, the Seventh Board of Directors of Oriental Fortune Information Co., Ltd. held its second meeting and approved the proposal to reappoint the accounting firm. The company plans to continue engaging Ernst & Young Hua Ming LLP (special general partnership) as its financial statement audit and internal control audit firm for 2026, with a one-year engagement period. This matter is still subject to approval by the company’s 2025 annual shareholders’ meeting.

According to the disclosed information, Ernst & Young Hua Ming is a large accounting firm with extensive experience in securities services. Its audited total revenue for 2024 was 5.71 billion yuan, of which securities business revenue was 2.369 billion yuan. In that year, it provided annual report audit services for 155 A-share listed companies. Regarding investor protection capabilities, Ernst & Young Hua Ming has established a professional risk fund and purchased professional insurance, with a total compensation limit exceeding 200 million yuan.

The key personnel in this audit project team include Project Partner and Certified Public Accountant Zhao Ying, Certified Public Accountant Ding Pengfei, and Project Quality Control Reviewer Chen Qi. The announcement states that these individuals have not been subject to criminal penalties, administrative sanctions, or self-regulatory measures related to their professional conduct in the past three years. Ernst & Young Hua Ming and the project team have confirmed that their independence meets the requirements of relevant professional ethics codes.

The company’s Audit Committee has reviewed Ernst & Young Hua Ming’s qualifications, professional capabilities, and integrity record, and believes they are qualified to perform the company’s audits. The reappointment process complies with the “Measures for the Management of the Appointment of Accounting Firms by State-Owned Enterprises and Listed Companies.” The specific audit fee for 2026 will be determined through negotiations between management and Ernst & Young Hua Ming based on market principles, authorized by the company.

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