Huashi Group says BDO audit fee not competitive, backs ZSZH Hong Kong as new auditor for 2026 audit

PUBT·06/24/2026 12:15:46

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Huashi Group flagged cost as the driver of its proposed auditor switch, citing BDO’s 2026 audit fee quote as uncompetitive.
BDO is set to retire at the June 26 annual meeting; the board plans to appoint ZSZH Hong Kong for the year ending Dec. 31, 2026.
ZSZH Hong Kong’s estimated fee was RMB 1-1.3 million, versus BDO’s RMB 1.3-1.4 million in the company’s tender process.
ZSZH Hong Kong completed internal client acceptance and onboarding on June 8; BDO is expected to issue a clearance letter on June 26.

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. Huashi Group Holdings 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-20260624-12213777), on June 24, 2026, and is solely responsible for the information contained therein.

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