Greenland Hong Kong Holdings Limited (the Company, Stock Code: 337) announced the resignation of Deloitte Touche Tohmatsu (Deloitte) as auditor, effective 17 October 2025. The resignation followed the absence of a consensus on the audit fee for the financial year ending 31 December 2025.

The board of directors (the Board) and the audit committee (the Audit Committee) reviewed the proposed fees, industry experience, and technical capability of Deloitte and Daxin Global (HK) CPA Limited (the New Auditor). In view of the more competitive fee quotation from the New Auditor, the Board and the Audit Committee consider that the change would enhance cost-effectiveness.

Deloitte confirmed that there are no circumstances connected with its resignation that should be brought to the attention of the Company’s security holders. The Board and the Audit Committee further stated there is no disagreement with Deloitte except for the audit fee.

The Board resolved, in line with the Audit Committee’s recommendation, to appoint the New Auditor effective 17 October 2025. This appointment will fill the vacancy until the next annual general meeting. The Board and the Audit Committee assessed the industry knowledge, fees, resources, and track record of the New Auditor, concluding that the appointment serves the overall interests of the Company and its shareholders.

The Board expressed appreciation to Deloitte for its professional services during its term as the Company’s auditor and extended a warm welcome to the New Auditor.