| RSM | | | | |
| Confucius Int | 27-Dec-24 | 23-Jun-26 | | After reviewing the independent investigation report, it had requested further information on unresolved matters but considered that management’s responses were insufficient. The Auditor further asserted that issues relating to fund flow arrangements, undisclosed share pledges, financial assistance to major shareholders and the commercial substance of material transactions remained insufficiently clarified, which could result in a limitation of audit scope and an inability to obtain sufficient appropriate audit evidence. Accordingly, the Auditor concluded that it was unable to reasonably determine the audit scope and could not commit to completing the audit within the Company’s resumption timetable, and therefore resigned with immediate effect, citing Hong Kong Standard on Auditing 240 in light of alleged fraud or integrity issues involving certain individuals. |
| KPMG | 24-Oct-19 | 09-Dec-24 | | As the Company is still in the process of gathering and organizing relevant audit information, KPMG was unable to obtain such information in time to complete the audit plan. Therefore, no reasonable estimate can be made of the time and cost required to complete the audit work for the year 2024 and it is expected that the audit fee for the year 2024 will increase significantly as a result. Resigned international auditor: KPMG and domestic auditor KPMG Huazhen LLP, appointed international auditor: Confucius International CPA Limited and domestic auditor: The Hunan branch of Pan-China Certified Public Accountants LLP |
| KPMG | 24-Oct-19 | 09-Dec-24 | | As the Company is still in the process of gathering and organizing relevant audit information, KPMG was unable to obtain such information in time to complete the audit plan. Therefore, no reasonable estimate can be made of the time and cost required to complete the audit work for the year 2024 and it is expected that the audit fee for the year 2024 will increase significantly as a result. Resigned international auditor: KPMG and domestic auditor KPMG Huazhen LLP, appointed international auditor: Confucius International CPA Limited and domestic auditor: The Hunan branch of Pan-China Certified Public Accountants LLP |
