China High-Speed Transmission Proposes Auditor Change After Shareholder Dispute

Reuters
Yesterday
China High-Speed Transmission Proposes Auditor Change After Shareholder Dispute

China High-Speed Transmission Equipment Group Co. Ltd. said it plans to remove auditor HLB Hodgson Impey Cheng and appoint Prism Hong Kong after its controlling shareholder Fullshare challenged the validity of HLB Hodgson’s appointment. The proposed auditor change will be put to shareholders at an extraordinary general meeting, but the company expects a delay in releasing its 2025 annual results and report. Trading in the company’s shares is set to be suspended from April 1, 2026 due to the expected reporting delay.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China High-Speed Transmission Equipment Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260226-12031058), on February 26, 2026, and is solely responsible for the information contained therein.

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