Wuling Motors Proposes KPMG Re-appointment; FY2026 Audit Fee Estimated at RMB2.20–2.50 Million

Bulletin Express
05/22

Wuling Motors Holdings Limited announced that KPMG will retire and, being eligible, offer itself for re-appointment as the group’s external auditor at the 11 June 2026 annual general meeting.

The Board, acting on the Audit Committee’s recommendation, intends to seek shareholder approval to re-appoint KPMG for the 2026 financial year and to authorise the Board to determine the auditor’s remuneration.

Management anticipates that the audit fee for the consolidated financial statements for the year ending 31 December 2026 will range between RMB2.20 million and RMB2.50 million, inclusive of tax but exclusive of out-of-pocket expenses. The estimate reflects the prior-year fee, expected audit scope, proposed timetable and required resources in light of the group’s operational complexity.

The Board does not expect the final agreed fee to deviate materially from the stated range. Should material changes occur, the company will issue a further announcement.

Apart from the disclosed audit fee estimate, all other information in the 29 April 2026 AGM circular remains unchanged.

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