Grand Baoxin Auto Auditor Resigns Over Unresolved Audit Issues

Reuters

11/06

<a href="https://laohu8.com/S/GBXXY">Grand Baoxin Auto</a> Auditor Resigns Over Unresolved Audit Issues

Grand Baoxin Auto Group Limited announced the resignation of its auditor, Rongcheng (Hong Kong) CPA Limited, effective 6 November 2025. The resignation follows the revocation of authorizations for certain dealership outlets and subsequent personnel changes, which have delayed the company's ability to provide necessary audit documentation, including bank confirmations and impairment tests. The company and the auditor were unable to agree on additional fees and a timetable for completing the audit of the 2024 financial statements. Both the company and Rongcheng confirmed there are no other disagreements or unresolved matters related to the resignation.

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. Grand Baoxin Auto Group Limited published the original content used to generate this news brief on November 06, 2025, and is solely responsible for the information contained therein.

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The resignation follows the revocation of authorizations for certain dealership outlets and subsequent personnel changes, which have delayed the company's ability to provide necessary audit documentation, including bank confirmations and impairment tests. The company and the auditor were unable to agree on additional fees and a timetable for completing the audit of the 2024 financial statements. Both the company and Rongcheng confirmed there are no other disagreements or unresolved matters related to the resignation.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Grand Baoxin Auto Group Limited published the original content used to generate this news brief on November 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01293","symbol_name":"廣匯寶信","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251106:nNDL3B7bDf:1","article_id":"2581105457","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581105457","pubTimestamp":1762418425,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Grand Baoxin Auto Group Limited announced the resignation of its auditor, Rongcheng  CPA Limited, effective 6 November 2025. The resignation follows the revocation of authorizations for certain dealership outlets and subsequent personnel changes, which have delayed the company's ability to provide necessary audit documentation, including bank confirmations and impairment tests. The company and the auditor were unable to agree on additional fees and a timetable for completing the audit of the 2024 financial statements. Both the company and Rongcheng confirmed there are no other disagreements or unresolved matters related to the resignation.Disclaimer: This news brief was created by Public Technologies  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. 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Both the company and Rongcheng confirmed there are no other disagreements or unresolved matters related to the resignation.\n      \n\nDisclaimer: 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. Grand Baoxin Auto Group Limited published the original content used to generate this news brief on November 06, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}