Zhongxin Saike (002912) Changes Audit Institution for 2026!

(Source: Talking Finance Tax)

On the evening of March 18, Zhongxin Saike (002912) simultaneously disclosed its 2025 annual report and an announcement of a change in its auditing firm. While delivering a year of double growth in revenue and net profit, the company also announced plans to change its auditing firm for 2026.

In 2025, Zhongxin Saike’s operating performance steadily increased, achieving a total revenue of 751 million yuan, up 14.03% year-over-year; net profit attributable to shareholders was 69.41 million yuan, up 15.83%, with basic earnings per share of 0.41 yuan. The company also plans to distribute 4 yuan per 10 shares as cash dividends to all shareholders, giving back real value to investors.

As a leading enterprise in China’s network visualization field, the company focused on core business throughout the year, continuously investing in technology research and product upgrades, with R&D expenditure reaching 238 million yuan, a 9.23% increase year-over-year.

Relying on AI technology empowerment, the company’s three core products—broadband networks, mobile networks, and network content security—have all been upgraded iteratively. This not only deepened applications in anti-telecom fraud and electromagnetic space monitoring but also successfully entered the low-altitude economy market, launching drone detection modules and achieving commercial use. Meanwhile, the company kept pace with the innovation industry wave, enhancing product localization to build integrated innovative solutions for finance, central and state-owned enterprises, further strengthening industry technical barriers.

While maintaining steady growth in performance, the company is advancing the standardized selection of auditing firms in accordance with regulatory requirements.

The announcement states that since the previous auditor, Lixin Certified Public Accountants, has provided audit services for the company for five consecutive years, to ensure the independence and objectivity of the audit work, and referencing relevant regulations from the Shenzhen State-owned Assets Supervision and Administration Commission, the company conducted an open tender and plans to appoint Tianzhi International Certified Public Accountants as the 2026 financial and internal control audit firm.

Tianzhi International, as a large domestic comprehensive consulting firm, holds full qualifications for securities, futures, and large state-owned enterprise audits. In 2024, it served 154 listed companies, including 11 in the same industry, with extensive audit experience and sufficient provision of professional risk funds to protect investors.

This change has been reviewed and approved by the company’s audit committee and board of directors, and still requires approval from the shareholders’ meeting. The previous and current audit firms have completed thorough communication, and Lixin has no objection to the change, ensuring a smooth transition of audit work.

This change in the auditing firm is also a measure taken by Zhongxin Saike in accordance with the “Management Measures for the Selection and Appointment of Certified Public Accountants for State-Owned Enterprises and Listed Companies.”