Baiwang Co. Ltd. has announced a proposed change of their auditing firm due to an inability to reach an agreement on the audit fee with their current auditor, Deloitte Touche Tohmatsu. The decision follows deliberations regarding the audit for the financial year ending December 31, 2025. Deloitte Touche Tohmatsu is set to retire from its role as the company's auditor. This announcement was made supplemental to previous communications and is aimed at providing shareholders with clarity on the situation. The change is scheduled to be discussed further at the annual general meeting on June 27, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baiwang Co. Ltd. published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.