On 17 November 2025, CPM Group Limited announced the resignation of its auditor, Ernst & Young (EY). According to the official notice, the company and EY were unable to agree on the audit fee for the financial statements for the year ending 31 December 2025. EY had only recently begun initial planning for the audit and confirmed in its resignation letter that there were no circumstances requiring further attention from shareholders.

The board of directors and the audit committee reviewed proposals from several professional accounting firms, noting that other firms offered more competitive fees and relevant industry expertise. It was concluded that changing auditors would enhance cost-effectiveness, and the board therefore appointed ZHONGHUI ANDA CPA Limited to fill the vacancy until the next annual general meeting.

The board and audit committee indicated there were no disagreements or unresolved matters with EY, beyond the fee issue. They also expressed gratitude for EY’s contributions in past years and formally welcomed ZHONGHUI ANDA CPA Limited as CPM Group Limited’s new auditor, citing its audit experience, capabilities, independence, and technical competence as key factors in the decision.