Lajin Entertainment Network Group Limited (8172) published further details regarding its recent change of auditor. The announcement indicates that the outgoing auditor, BDO, originally proposed an audit fee of around HKD1.06 million for the year ending December 2025, including out-of-pocket expenses. In seeking more stringent cost control, management compared proposals from other accounting firms and subsequently chose RCHK, which bid HKD860,000.

According to the documents, RCHK had previously worked with several subsidiaries of Lajin Entertainment Network Group Limited. Following a due diligence period from late November to mid-December 2025, the Audit Committee recommended appointing RCHK as auditor after reviewing its audit plan, fee quote, staffing resources, and professional credentials. The company highlights that RCHK’s proposed engagement structure, timelines, and scope of work are comparable to industry norms for listed-company audits.

The announcement also addresses concerns about audit quality, underscoring that the lower audit fee reflects RCHK’s organizational resources, including a team drawn primarily from mainland China. The Audit Committee views RCHK as independent, competent, and capable of meeting the company’s auditing needs.

The announcement reiterates that trading in the shares of Lajin Entertainment Network Group Limited remains suspended from 13 November 2025 and will continue until further notice. Shareholders and investors are cautioned to take note of this ongoing suspension when dealing with the company’s securities.