| PwC | | | | The Board proposed to remove PricewaterhouseCoopers (PwC) as the auditor of the Company due to a disagreement on audit fees for the FY2026 audit. PwC's proposed fee of RMB2,780,000 (which was revised upwards to reflect an expanded audit scope from a proposed acquisition and additional statutory audit requirements) did not align with the Company's cost-control objectives. HLB Hodgson Impey Cheng Limited proposed a lower fee of RMB1,600,000, which was considered more commensurate with the Group's current operational scale. The change is also intended to bring a fresh perspective to the external audit process. |
