Two departments: conducting comprehensive evaluations of H-share accounting firms every year. Those no longer meeting the basic requirements will have their recommendations revoked.

According to the financial and economic news app, on November 21, officials from the Ministry of Finance and the China Securities Regulatory Commission answered questions from reporters regarding the "Notice on the Supplement of Accounting Firms Engaged in Audit Services for H-share Companies." It was mentioned that the Ministry of Finance and the China Securities Regulatory Commission will strictly regulate the accounting firms approved to engage in audit services for H-share companies according to the regulatory requirements of mainland China and Hong Kong, ensuring that they continue to meet the audit recommendation requirements and complete the audit services for H-share companies with high quality. The continuous review of conditions is not a "lifelong system" and is not permanent. The Ministry of Finance and the China Securities Regulatory Commission will improve the dynamic management of the list and market exit mechanism, conducting comprehensive evaluations of H-share accounting firms annually based on securities service registration and practice quality inspections. If an accounting firm no longer meets the basic requirements of the notice, the Ministry of Finance and the China Securities Regulatory Commission will withdraw their recommendation.