WEIYE HOLDINGS LIMITED (the “Company”), incorporated in Singapore and listed in Hong Kong (stock code 1570), disclosed that its Hong Kong auditor BDO Limited resigned on 7 November 2025 due to an inability to reach an agreement on the audit fee for the financial year ending 31 December 2025. Meanwhile, BDO LLP plans to resign as the Company’s Singapore auditor over similar fee-related discussions. BDO LLP’s resignation will become effective once consent is obtained from the Accounting and Corporate Regulatory Authority of Singapore.
Following these developments, the board of directors, with the recommendation from the audit committee, proposes appointing D & Partners CPA Limited as the new Hong Kong auditor and OA Assurance PAC as the new Singapore auditor until the conclusion of the next annual general meeting. The Company intends to convene an extraordinary general meeting to seek shareholder approval for these appointments.
BDO Limited confirmed that it is not aware of any additional matters needing attention, and the board indicated there is no disagreement among the exiting auditors and the Company. The board also expressed gratitude to BDO Limited and BDO LLP for their services.