Zhejiang Expressway Proposes Pan-China as New Domestic Auditor
Reuters
Oct 31
Zhejiang Expressway Proposes Pan-China as New Domestic Auditor
Zhejiang Expressway Co. Ltd. has announced a proposed change of its domestic auditor. The company plans to appoint Pan-China Certified Public Accountants as its new domestic auditor for the 2025 annual audit, replacing RSM China CPA Limited. This change is linked to a significant asset restructuring involving Zhejiang Expressway and Zhejiang Oceanking Development Co., Ltd., under the direction of their controlling shareholder, Zhejiang Communications Investment Group Co., Ltd. The restructuring requires overlapping audit work for both the project and the annual audit, prompting the proposed appointment. The proposal is subject to shareholder approval, with both the board and audit committee supporting the change. RSM China has confirmed it has no disagreement with the proposed change.
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