CMBC Capital Holdings Announces Proposed Auditor Change from PwC to KPMG at 2025 AGM

Reuters

05-30

CMBC Capital Holdings Announces Proposed Auditor Change from PwC to KPMG at 2025 AGM

CMBC Capital Holdings Ltd. announced a proposed change of auditor, with PricewaterhouseCoopers (PwC) set to retire at the conclusion of the upcoming annual general meeting $(AGM)$ on June 30, 2025. The company's board, following the recommendation of its audit committee, plans to propose the appointment of KPMG as the new auditor. This move aims to align audit work between the Group and its controlling shareholder, China Minsheng Bank, to enhance audit efficiency. The change is subject to shareholder approval at the 2025 AGM and the completion of KPMG's client acceptance procedures.

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. CMBC Capital Holdings Ltd. published the original content used to generate this news brief on May 30, 2025, and is solely responsible for the information contained therein.

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