Summary by Moomoo AI
huaneng power international, inc. (huaneng power) announced the assessment report on the performance of Ernst and Young Hua Ming Certified Public Accountants LLP (Special General Partnership). The report covers the evaluation of Ernst and Young Hua Ming's qualifications as the company's auditors for the fiscal years 2023 and 2024, professional record, quality management level, work plan, staffing and other resource allocation, and level of risk-taking ability. Since its establishment in 1992, Ernst and Young Hua Ming completed the localization transformation in 2012 and established its headquarters in Peking. As of the end of 2023, the firm had 245 partners, nearly 1,800 certified accountants, and rich experience in securities business services. The evaluation results show that Ernst and Young Hua Ming maintained independence, diligence, and did not identify significant issues in the audit work over the past year. The company plans to change the annual auditors after the service term of Ernst and Young Hua Ming and Ernst and Young expires.
