Baiwang Co. Ltd. Announces Proposed Change of Auditor to RSM China CPA LLP Following Deloitte's Retirement

Reuters
Jun 03
Baiwang Co. Ltd. Announces Proposed Change of Auditor to RSM China CPA LLP Following Deloitte's Retirement

Baiwang Co. Ltd., a joint stock company incorporated in the People's Republic of China, has announced a proposed change of auditor. The company's current auditor, Deloitte Touche Tohmatsu, is set to retire, and the Board has proposed appointing RSM China CPA LLP as the new independent auditor. This change is subject to the approval of the shareholders at the forthcoming Annual General Meeting $(AGM)$. The company's decision to appoint RSM China CPA LLP was based on various factors, including the firm's audit proposal, experience, technical competence, independence, and resources. The proposed appointment will be effective from the conclusion of the AGM and will last until the next annual general meeting.

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