Beijing Digital Telecom says EY to retire as auditor after fee talks stall

• Beijing Digital Telecom will replace auditor Ernst & Young at its next annual general meeting, citing a failure to agree FY2026 audit fees.
• Ernst & Young will retire at the conclusion of the meeting, due on or before June 30, 2026, ending a tenure of over 10 years.
• Ernst & Young flagged a material uncertainty on the group’s ability to continue as a going concern in its March 31, 2026 audit report.
• Appointment of a new auditor will be delayed until a later extraordinary general meeting as tendering remains in progress.
• No disputes or unresolved issues were reported between the company and Ernst & Young over the auditor change.

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. Beijing Digital Telekom Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260604-12189058), on June 04, 2026, and is solely responsible for the information contained therein.