Hybrid Kinetic Group Limited (1188) announced the resignation of ZHONGHUI ANDA CPA LIMITED (Zhonghui Anda) as auditor, effective 27 November 2025. The company reported that the resignation stemmed from a lack of consensus on the audit fee for the financial year ending 31 December 2025. According to the announcement, Zhonghui Anda has not commenced any audit work for that period, and there are no other matters concerning its resignation that need to be drawn to shareholder attention.
Infinity CPA Limited (Infinity) has been appointed as the replacement auditor with effect from 27 November 2025, holding office until the conclusion of the next annual general meeting. The company’s board and audit committee believe Infinity meets the required technical competence, industry knowledge, and independence standards and consider this auditor change to be in the overall interest of the company and its shareholders.
The announcement also notes that trading in Hybrid Kinetic’s shares remains suspended from 9:00 a.m. on 1 April 2025, pending fulfillment of resumption guidance issued by The Stock Exchange of Hong Kong Limited. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.