GMT Data

Ernst & Young

CompanyStock CodeFromToRelease Date / Document LinksReason for Change
SIS MOBILE0136230-Jun-26
SIS INT'L0052930-Jun-26
MMG0120828-May-26
TRANSCENTA-B0662812-Nov-25
PING AN HKDIV0307031-Oct-25
PA TECHSELECT0340631-Oct-25
PA EW SELECT0347731-Oct-25
PING AN HKDIV-U0907031-Oct-25
PA TECHSELECT-U0940631-Oct-25
PA EW SELECT-U0947731-Oct-25
HENGRUI PHARMA0127616-Sep-25
CHINA WATER0085518-Aug-25
FORTIOR0130415-Aug-25
MAN WAH HLDGS0199906-Aug-25
TAIZHOU WATER0154218-Jul-25
LUFAX0662325-Jun-25
LEEPORT(HOLD)0038725-Jun-25
MNSO0989612-Jun-25
LI NING0233112-Jun-25
LI NING-R8233112-Jun-25
LI NING,LI NING-R02331,8233112-Jun-25
VIVA GOODS0093312-Jun-25
XINYI GLASS0086830-May-25
XINYI SOLAR0096830-May-25
XINYI ENERGY0386830-May-25
BOC AVIATION0258829-May-25
PA GOODDOCTOR0183329-May-25
LOPAL TECH0246528-May-25
BQD0386628-May-25
CONCH ENVIRO0058722-May-25
BAIC MOTOR0195829-Apr-25
WILLAS-ARRAY0085408-Apr-25
GENOR-B0699819-Feb-25
SYNTRUST GK0862924-Dec-24
MING YUAN CLOUD0090923-Dec-24
ZHEJIANGEXPRESS0057617-Dec-24
SHENZHEN INVEST0060410-Dec-24
LEPU BIO-B0215726-Nov-24
CHALCO0260019-Nov-24
EVEREST MED-B0195215-Nov-24
HAITIAN INT'L0188206-Nov-24
NEUEDU0961623-Oct-24
XIKANG CLOUD0968621-Oct-24
BOC HONG KONG0238824-Sep-24
BOC HONG KONG-R8238824-Sep-24
FUYAO GLASS0360629-Aug-24
BANK OF CHINA0398819-Aug-24
BOC 20USDPREF0461919-Aug-24
NEWTIMES ENERGY0016609-Aug-24
ICBC 20USDPREF0462007-Aug-24
ICBC0139807-Aug-24
HINGTEX HLDGS0196815-Jul-24
YUEXIU SERVICES0662612-Jun-24
CHINA LIFE0262811-Jun-24
TONGRENTANGCM0361307-Jun-24
CINDA 21USDPREF0462103-Jun-24
CHINA CINDA0135903-Jun-24
CHINA YOUZAN0808330-May-24
PICC P&C0232829-May-24
COSMO LADY0229821-May-24
TONG REN TANG0166614-May-24
EC HEALTHCARE0213819-Mar-24
CICC0390807-Feb-24
CARSGEN-B0217112-Jan-24
CONCH CEMENT0091429-Dec-23
CNE TECH CORP0061131-Oct-23
LEVER STYLE0134626-Sep-23
CH AGRI-P N24090575518-Sep-23
CH AGRI-PROD EX0014918-Sep-23
CHINA TRAVEL HK0030811-Jul-23
CTG DUTY-FREE0188029-Jun-23
YX REIT N26024057731-May-23
PICC GROUP0133929-May-23
PRU0237825-May-23
WEILONG0998525-May-23
YUEXIU PROPERTY0012318-May-23
CON AERO TECH0023228-Apr-23
YUEXIU REIT0040509-Mar-23
KINGWISOFT TECH0829503-Mar-23
VODATEL NETWORK0803309-Jan-23
CROCODILE0012216-Dec-22
SKYLIGHT HLDG0388214-Dec-22
LEON INSPECTION0158630-Aug-22
CHESHI TECH0149022-Jul-22
CHINA COAL0189815-Jun-22
ZZBNK 17USDPREF0461310-Jun-22
MEGA GENOMICS0666710-Jun-22
30-Jun-25 130-Jun-25 230-Jun-25 3
The Company and EY have been unable to reach a consensus on the audit issues regarding revenue recognition of genetic testing kits business and promotion expense and prepayment. After considering the facts and circumstances, the Audit Committee was of the view that it would be in the best interest of the Company and its Shareholders as a whole to replace EY with another sizeable accounting firm.
CHAOWEI POWER0095109-Jun-22
SAI LEISURE0183202-Jun-22
HUAFA PPT SER0098231-May-22
ANHUIEXPRESSWAY0099528-Mar-22
MONGOLIA ENERGY0027621-Mar-22
HOPSON DEV HOLD0075428-Jan-22
08-Jun-26 108-Jun-26 2
The Company has served EY a special notice for the Proposed Termination. EY would like to bring to the attention of the Shareholders or creditors that, up to 28 April 2026, being the date of the Reply Letter, the management of the Company has not provided sufficient and appropriate audit evidence to EY to support its going concern assessment of the Group, and accordingly, EY is unable to satisfy themselves whether the going concern assumption for the preparation of the Group’s FY2025 consolidated financial statements is appropriate at this stage.
HOPSON B23010431228-Jan-22
PKU RESOURCES00618
19-Jan-22
Rotation of auditor after an appropriate period of time is a good governance practice
DONGFENG GROUP00489
COURAGE INV01145
ZHAOWEI02692
ALSCO POOLING02649
CASSAVA RES00841
13-May-26 113-May-26 2
Could not reach a consensus in respect of the audit fee for the year ended 31 March 2026. The Audit Committee considered that the estimated fee level may not commensurate with the current operation scale of the Group.
NANHUA FUTURES02691
BJ DIGITAL0618825-Jun-1430-Jun-26
04-Jun-26
Unable to reach a consensus on the audit fee for the year ending 31 December 2026 and served as the Auditor for more than 10 years. EY has confirmed that except for the material uncertainty related to going concern of the Group for 2025 as set out in their auditor’s report dated 31 March 2026, there are no circumstances which should be brought to attention.
GEMDALE PPT0053529-Jun-26
03-Jun-26 103-Jun-26 2
Taking into account that EY has served as auditor of the Company for 20 consecutive years, the audit committee and the Board are of the view that a change of auditor after an appropriate period of time is a good corporate governance measure to ensure the independence and objectivity of external audit services and is in the best interests of the Company and its shareholders as a whole.
GREENTOWN CHINA0390018-Jun-2129-Jun-26
04-Jun-26 104-Jun-26 2
EY has been the auditor since June 2021, for a period of five years. Having considered the recommendation of the Company’s substantial shareholder regarding auditor rotation, the Board and the audit committee also consider that the change of auditor after a considerable period of time is good corporate governance.
GREENTOWN MGMT0997913-Jun-2426-Jun-26
05-Jun-26 105-Jun-26 2
EY has served as the auditor since 2024. Having considered the recommendation of the Company’s controlling shareholder regarding auditor rotation, the Board and the audit committee consider that it is good corporate governance practice to periodically review and refresh the Company’s audit arrangements to bring in new perspectives.
FS ANTHRACITE0173831-Dec-1326-Jun-26
21-May-26 121-May-26 2
Could not reach consensus on the audit fee. Other than the fact that EY has issued a disclaimer of opinion on the going concern basis for the 2025 consolidated financial statements, there are no other matters in respect of the circumstances leading to their cessation which in their opinion need to be reported to the Company
EDA GROUP HLDGS0250520-May-2422-Jun-26
29-May-26
EY has been the auditor of the Company for consecutive years since 2020. Following the conclusion of a tender process, the Audit Committee resolved to recommend to the Board the non-re-appointment of EY and the appointment of ZHONGHUI ANDA CPA Limited as the new auditor of the Company.
CHINA COMM CONS0180016-Jun-1616-Jun-26
30-Mar-26
The Company has decided to change its auditors as the service period of Ernst & Young (the international auditor) and Ernst & Young Hua Ming LLP (the domestic auditor) has reached the prescribed limit.
MINSHENG EDU0156910-Mar-1709-Jun-26
09-Jun-26
The resolution numbered 3 relating to the re-appointment of Ernst & Young as auditor of the Company (the “Auditor”) was not passed at the AGM, Ernst & Young has retired as the Auditor with effect from the conclusion of the AGM.
GR LIFE STYLE0010804-Jun-26
05-Jun-26 105-Jun-26 2
To enhance the efficiency of audit works and reduce the anticipated auditor’s remuneration. Ernst & Young is expected to confirm in writing before the 2026 AGM on whether there are any matters in connection with its retirement that need to be brought to the attention of the Shareholders.
BOQI ENV0237712-Jun-2029-May-26
29-May-26 129-May-26 229-May-26 3
As approved by the Shareholders at the AGM, Confucius International CPA Limited has been appointed as the Auditor.
3SBIO0153001-Jun-1526-May-26
03-Jun-26 103-Jun-26 2
Having considered that Ernst & Young has served as the auditor for more than 15 years and it would be in good corporate practice to engage a new auditor with comparable quality to conduct the audit for the upcoming years.
AIRDOC-B0225123-May-2325-May-26
28-May-26 128-May-26 2
To further optimise the Group’s audit arrangements and cost management.
MEDLIVE0219230-Jun-2115-May-26
21-Apr-26 121-Apr-26 2
Could not reach consensus on the audit fee.
RADIANCE HLDGS0999316-Oct-2030-Apr-26
30-Apr-26
In reaching the decision of the Retirement, EY had considered a number of factors including the level of audit fees and their available internal resources in the light of current workflows. EY did not express an opinion on the consolidated financial statements for the year ended 31 December 2025, because they were not able to obtain sufficient appropriate audit evidence to assess the appropriateness of the directors’ use of the going concern basis of accounting and adequacy of the related disclosures in the consolidated financial statements
GIANT BIOGENE0236731-Oct-0030-Apr-26
06-May-26 106-May-26 2
Having considered Ernst & Young has audited the Group for seven consecutive financial years, the Company has reviewed the need for a change of auditors. The Board announces that, based on the Company’s adherence to sound corporate governance principles, the Board has resolved not to re-appoint the current auditors of the Company, EY.
GIANT BIOGENE0236731-Oct-0030-Apr-26
28-May-26
SUPPLEMENTAL ANNOUNCEMENT -"Chronology of events in relation to the proposed change of auditors
QUNABOX GROUP0091723-Apr-26
15-May-26 115-May-26 215-May-26 3
In reaching the decision of the Retirement, Ernst & Young had considered a number of factors including the Group’s business expansion, the resulting increase in audit effort, the level of audit fees and their available internal resources in the light of current workflows.
CLARITY MEDICAL0140626-Oct-2231-Mar-26
02-Apr-26
Could not reach a consensus on the timetable and costs to complete the 2025 Audit, and any further delay would adversely affect the overall progress of the resumption in trading of the Company’s shares. EY said it is unable to assess the scope of additional audit procedures that will be required in order for it to complete the 2025 Audit without the satisfactory completion of the Independent Investigations into the two sets of allegations.
CLARITY MEDICAL0140626-Oct-2231-Mar-26
11-May-26
SUPPLEMENTAL ANNOUNCEMENT - Chronology of events leading to the change of auditor.
ZHUGUANG HOLD0117621-Dec-1815-Dec-25
16-Dec-25 116-Dec-25 2
Could not reach a consensus on the audit fee for the year ending 31 December 2025. EY did not express an opinion on the consolidated financial statements of the Group for 2024 due to multiple uncertainties relating to going concern. Even had there been no multiple uncertainties, their opinion would have been qualified due to scope limitations in respect of the Group’s investment in an associate with a carrying amount of approximately HK$488m as at 31 December 2024, and the Group’s share of loss of an associate of approximately HK$223m and share of an associate’s other comprehensive loss of approx. HK$12m for 2024. Further details are set out in their auditor’s report in the 2024 annual report.
ULFERTS0171116-Jan-1808-Dec-25
08-Dec-25
Unable to reach a consensus on the proposed audit fee of the Group for year ending 31 March 2026.
RUISEN LIFE SER0192225-Oct-1902-Dec-25
04-Dec-25 104-Dec-25 2
The Board received a letter from Ernst & Young stating that they would not be seeking re-appointment at the forthcoming AGM. In reaching the decision of Retirement, EY had considered a number of factors including the professional risk associated with the audit and their available internal resources in the light of current workflows.
MACAU LEGEND0168027-Jul-2001-Dec-25
01-Dec-25
The Board and EY have not been able to reach an agreement on the audit fee for the financial year ending 31 December 2025. EY, in their letter of resignation, also mentioned the matters as detailed below: EY did not express an opinion on the Group’s consolidated financial statements for 2024 due to multiple uncertainties relating to going concern., EY did not express a conclusion on the Group’s interim financial information for the six months ended 30 June 2025 due to multiple uncertainties relating to going concern.
MACAU LEGEND0168027-Jul-2001-Dec-25
20-May-26
CLARIFICATION ANNOUNCEMENT - The Company would like to clarify that, it received the signed resignation letter from EY on 1 December 2025, after the Board communicated with EY on its decision to change auditor because EY cannot reach consensus on the audit fee after the Company requested a reduction in the audit fee as part of its ongoing cost control measures and in light of more competitive quotes offered by other audit firms. Accordingly, the Board considered the resignation of EY as auditor was by mutual agreement of both the Company and EY.
SHANGHAI GROWTH0077028-Nov-25
08-Dec-25 108-Dec-25 2
Unable to reach a consensus on the audit fee for the year ending 31 December 2025.
XUNZHONG0259710-Dec-0119-Nov-25
09-Jan-26 109-Jan-26 209-Jan-26 309-Jan-26 4
In view of the Accepted CASBE Arrangement, the completion of the Global Offering, the dual-listing status of the Company (being listed on both the NEEQ and the Stock Exchange, both of which recognize the Accepted CASBE Arrangement), and in order to improve efficiency and reduce the cost of disclosure and audit expenses, the Board has proposed to prepare only one set of audited financial statements for the Company under CASBE.
CR CONSTRUCTION0158227-Sep-1918-Nov-25
18-Nov-25
The number of years that the Company has continuously engaged Ernst & Young (“EY”) has reached the prescribed time limit.
CNT GROUP0070117-Nov-25
17-Nov-25
Could not reach a consensus on the audit fee.
CPM GROUP0193219-Jun-1717-Nov-25
17-Nov-25
Could not reach a consensus on the audit fee.
ZHENRO SERVICES0695829-Jun-2014-Nov-25
14-Nov-25
Could not reach a consensus on the proposed audit fee of EY for the financial year ending 31 December 2025, the more competitive proposals provided by other suitable professional accounting firms, and in order to maintain good corporate governance and to enhance the independence of the auditor.
NEW MEDIA LAB0128430-Jun-2312-Nov-25
12-Nov-25
Unable to reach a consensus on the proposed audit fee of the Group for the financial year ending 31 December 2025. Taking into consideration the audit fee proposal provided by EY and the need to carry out appropriate cost control measures, the Audit Committee recommended the Board to change the Company’s auditor.
SHANGHAI GROWTH0077001-Nov-25
14-May-26
SUPPLEMENTAL ANNOUNCEMENT: Could not reach a consensus on the audit fee. The chronology of key events leading to the change of auditor and details of W&P’s proposed audit plan and audit approach.
SUNFONDA GP0177128-Feb-1431-Oct-25
31-Oct-25
Could not reach an agreement on the audit fees.
CIRTEK HLDGS0143328-Feb-2015-Oct-25
15-Oct-25
Could not reach a consensus on the audit fee for the financial year ending 31 December 2025, as a result of the increase in audit work in relation to the overseas operations of the Group during FY2025.
CARRIANNA0012625-Sep-25
02-Sep-25 102-Sep-25 2
To maintain good corporate governance and to ensure the independence and objectivity of the audit work. Ernst & Young has confirmed in its retirement letter that, except for the possible effects of the matters described in the “Material uncertainty related to going concern” section of the independent auditor’s report dated 27 June 2025, there are no other matters that need to be brought to the attention of the Shareholders.
FULU HOLDINGS0210107-Sep-2023-Sep-25
23-Sep-25
Unable to reach an agreement on the audit fees for the financial year ending 31 December 2025. EY has agreed to resign as the auditor of the Company as the request of the Board.
CENT UNIT HLDG0195930-Sep-1927-Aug-25
27-Aug-25
A lower audit fee would allow the Company to implement more effective cost control measures and reduce overall operating expenses, which would benefit the Company and its shareholders. EY has confirmed in its letter of resignation dated 27 August 2025 that, the Company was unable to reach a consensus with EY on the auditor’s remuneration.
MEIHAO GROUP0194730-Nov-2229-Jul-25
29-Jul-25
Could not reach an agreement on the audit fee.
VALUES CULTURAL0174030-Dec-1925-Jul-25
25-Jul-25
Could not reach an agreement on the audit fee for the financial year ended 31 December 2025.
MEMESTRATEGY0244030-Nov-2222-Jul-25
22-Jul-25
Could not reach an agreement on the audit fee.
ZHENRO PPT0615828-Dec-1719-Jul-25
15-Aug-25 115-Aug-25 215-Aug-25 315-Aug-25 4
Unable to reach an agreement on the proposed audit fee for the year ending 31 December 2025. EY has confirmed in writing that, other than the multiple uncertainties relating to going concern of the Group for the year ended 31 December 2024 as set out in its auditor’s report dated 28 March 2025, there are no matters connected with the Resignation that should be brought to the attention of the Shareholders or creditors of the Company.
C CHENG HLDGS0148617-Jan-2015-Jul-25
15-Jul-25
Could not reach a consensus on the audit fee for the year ending 31 December 2025. EY has confirmed in its letter of resignation that save as the disagreement in audit fee as a result of increase in audit work in relation to the recognition of the right-of-use asset of the Group from a major acquisition and the rights issue by the Company during the year, there are no circumstances connected with their resignation that they consider ought to be brought to the attention of the shareholders or creditors of the Company.
TIMES NEIGHBOR0992809-Dec-1903-Jul-25
03-Jul-25
Could not reach an agreement on the audit fee.
APOLLO FMG0086030-Jun-25
30-Jun-25 130-Jun-25 230-Jun-25 3
Could not reach a consensus on the audit fee for the financial year ending 31 December 2025. EY has issued a qualified opinion in the auditor’s report dated 31 March 2025 in relation to the limitation of scope on the Group’s deposit for research and development costs as at 31 December 2024
GUANZE MEDICAL0242715-Dec-2230-Jun-25
30-Jun-25
A lower audit fee would allow the Company to implement more effective cost control measures and reduce overall operating expenses, which would benefit the Company and its shareholders as a whole. Following discussion between the Company and Ernst & Young regarding the proposed change of auditor, at the request of the Board, EY has agreed to resign as the Company’s auditor, effective from 30 June 2025.
HUISHANG BANK0369822-Jun-1730-Jun-25
30-Jun-25
Retired
MINMETALS LAND0023027-Jun-25
13-Jun-25 113-Jun-25 213-Jun-25 3
According to the relevant regulations issued by the State-owned Assets Supervision and Administration Commission regarding to the audit work on financial statements of state-owned enterprises, Ernst & Young will retire as the independent auditor of the Company at the conclusion of the AGM.
MINMETALS LAND0023027-Jun-25
13-Jun-25 113-Jun-25 213-Jun-25 3
According to the relevant regulations issued by the State-owned Assets Supervision and Administration Commission regarding to the audit work on financial statements of state-owned enterprises, Ernst & Young will retire as the independent auditor of the Company at the conclusion of the AGM.
TAIZHOU WATER0154217-Dec-1927-Jun-25
27-Jun-25 127-Jun-25 2
The terms of office of Pan-China Certified Public Accountants LLP , the domestic auditor, and Ernst & Young, the international auditor, will expire upon the conclusion of the AGM. Delay in appointment due as the tender process for the international auditor role fell below the minimum threshold of three under the relevant PRC Laws, rendering the tender process for the international auditor role invalid.
CH TIANBAO GP0142730-Oct-1926-Jun-25
26-Jun-25 126-Jun-25 226-Jun-25 3
Could not reach a consensus on the proposed auditor’s remuneration for the financial year ending December 31, 2025. EY confirmed that, other than material uncertainty related to going concern of the Group for FY2024, as set out in the auditor’s report dated March 31, 2025, there are no circumstances connected with the retirement which EY consider should be brought to the attention of the Shareholders or creditors of the Company.
CH TIANBAO GP0142730-Oct-1926-Jun-25
26-Jun-25 126-Jun-25 226-Jun-25 3
Could not reach a consensus on the proposed auditor’s remuneration for the financial year ending December 31, 2025. EY confirmed that, other than material uncertainty related to going concern of the Group for FY2024, as set out in the auditor’s report dated March 31, 2025, there are no circumstances connected with the retirement which EY consider should be brought to the attention of the Shareholders or creditors of the Company.
EMPEROR CULTURE0049125-Jun-25
25-Jun-25
Unable to reach a consensus on the proposed audit fee. Taking into consideration the audit fee proposal provided by EY and the need to carry out appropriate cost control measures, the Audit Committee recommended the Board to change the Company’s auditor. EY has confirmed in its resignation letter that, except for the possible effects of the matters described in the “Material uncertainty related to going concern” section of the independent auditor’s report dated 26 September 2024, there are no other matters in relation to its resignation that need to be brought to the attention of the Shareholders.
XINKONG INT CAP0099319-Jun-25
03-Jun-25 103-Jun-25 2
Having taken into consideration the actual circumstances of the Company’s business development, the needs for audit services and cost effectiveness, the Board considers that rotation of the auditor at an appropriate time will be in the best interests of the Company and its shareholders as a whole.
CHINANEWTOWN0127819-Jun-25
19-Jun-25 119-Jun-25 2
Wishes not to seek for re-appointment at the forthcoming 2025 AGM, after having taken into account a number of factors including the level of audit fees and their available internal resources in the light of current workflows.
AGILE GROUP0338315-Dec-2212-Jun-25
23-May-25 123-May-25 2
Could not reach a consensus on the audit fee for the financial year ending 31 December 2025. EY also noted in its retirement letter the disclaimer of opinion due to multiple uncertainties relating to going concern of the Group for the financial year ended 31 December 2024.
TIMES CHINA0123329-Nov-1309-Jun-25
16-May-25 116-May-25 2
Could not reach a consensus on the audit fee.
TRAD CHI MED0057029-May-25
27-Jun-25 127-Jun-25 227-Jun-25 3
There are certain limits to the number of years for which an accounting firm may continuously undertake financial auditing work in respect of a central state-owned enterprise and its subsidiaries. As the company is a subsidiary of CNPGC and subject to the rotation requirements, accordingly, E&Y has retired as the auditor of the Company at the conclusion of the AGM.
UNI MEDICAL0266624-Jun-1528-May-25
06-May-25 106-May-25 2
Having considered that Ernst & Young (“EY”) has served as the auditor of the Company for over ten consecutive years. Based on the result of the open procurement and selection process and with the recommendation of the audit committee of the Board, Ernst & Young will retire upon the conclusion of the Annual General Meeting and the Board resolved not to re-appoint EY as the auditor of the Company.
CAPITAL ENV0398929-Jun-1728-May-25
02-Jun-25 102-Jun-25 2
Since the number of years that the Company has continuously engaged its existing independent auditor, Ernst & Young, has reached the prescribed time limit, EY will retire as the auditor of the Company with effect from the conclusion of the forthcoming AGM. The Board also considers that a change of auditor after an appropriate period of time will enhance the independence of the auditor and maintain good corporate governance.
JINSHANG BANK0255809-Jun-2027-May-25
28-May-25 128-May-25 2
Pursuant to the Administrative Measures the term of appointment of an accounting firm by a financial enterprise shall not exceed five years. Ernst & Young has been engaged for five consecutive years since 2020. In order to comply with above requirement, the Bank’s auditing service was put out to invite tendering and KPMG Huazhen LLP and KPMG won the bidding.
SCVE GROUP0691330-Jun-2120-May-25
02-Jul-25 102-Jul-25 202-Jul-25 3
Could not reach a consensus on the audit fee. EY would like to bring to the attention of the shareholders that it has issued a qualified opinion in relation to the limitation of scope on the promotion expenses of RMB12,495,000 of the Group for the year ended 31 December 2024
CLOVER BIO-B0219725-Oct-2119-May-25
21-May-25 121-May-25 2
Due to the lack of consensus on the audit fee for the year ending December 31, 2025, the Board proposed that EY will retire as the auditor at the conclusion of the AGM upon the expiration of its current term of office.
TSAKER NE0198623-Jun-1515-May-25
15-May-25 115-May-25 215-May-25 3
Retirement as part of good corporate governance practice to maintain the independence of the Company’s auditor.
CITIC FAMC0279930-Jun-2023-Apr-25
24-Apr-25 124-Apr-25 2
Term of consecutive engagement of the same accounting firm by a state-owned financial enterprise shall not exceed five years in principle.
CHINANEWTOWN0127812-Mar-25
03-Apr-25 103-Apr-25 2
Having taken into account a number of factors including the level of audit fees and their available internal resources in the light of current workflows, they will retire as the Independent Auditor upon the expiration of their current term of office at the forthcoming 2025 AGM and wishes not to seek for re-appointment at the forthcoming 2025 AGM.
LEADER EDU0144927-Jul-2024-Feb-25
06-Feb-25 106-Feb-25 2
Could not reach a consensus on the audit fee.
TAIHE M-FIN0191524-Apr-1716-Jan-25
16-Jan-25 116-Jan-25 216-Jan-25 316-Jan-25 4
Could not reach a consensus on the audit fee.
BBMG0200917-Jul-0913-Jan-25
14-Jan-25
As Ernst & Young has been providing audit services to the Company for consecutive years, and for the purpose of ensuring the independence and objectivity of the audit work of the Company, as well as considering collectively factors such as the business development and the audit work requirements of the Company, the Company has conducted tender and bidding procedures, and Deloitte Touche Tohmatsu Certified Public Accountants LLP has become the successful bidder.
STAR CM0669815-Dec-2203-Jan-25
06-Jan-25
Both parties failed to reach an agreement on the audit fee for the year ended December 31, 2024 in consideration of the Company’s operating and cost reduction strategy. As EY was unable to adjust its fee to match the lower rate proposed by the prospective audit firm, as the reduced fee was not commensurate with the audit workload and associated risks, and the parties failed to reach a mutual consensus, EY has resigned as the auditor of the Company with effect from January 3, 2025. EY has confirmed that there is no any other matter in relation to its resignation as the auditor that, in its opinion, needs to be reported to the shareholders of Company except for the effects of the matter described in the “Basis for qualified opinion” section of the independent auditor’s report dated March 28, 2024.
HUISHANG BANK0369822-Jun-1730-Dec-24
30-Dec-24
Provided audit services to the Bank for eight consecutive years, which is the maximum term of consecutive engagement of an accounting firm as stipulated. The Bank is required to change its external auditors for the year 2025. Resigned international auditor: Ernst & Young and domestic auditor Ernst & Young Hua Ming LLP, appointed international auditor: KPMG and domestic auditor KPMG Huazhen LLP (Special General Partnership)
BANKOFZHENGZHOU0619610-Jun-2218-Dec-24
28-Nov-24 128-Nov-24 2
Change of external auditors is in the interests of the Bank and the Shareholders as a whole. Based on the results of the public tender and selection process and recommendations by the audit committee of the Board, the Board considered and approved the Resolution on the Change of External Auditors of Bank of Zhengzhou Co., Ltd. Resigned international auditor: Ernst & Young and domestic auditor Ernst & Young Hua Ming LLP, appointed international auditor: SHINEWING (HK) CPA Limited and domestic auditor ShineWing Certified Public Accountants LLP
YUNNAN ENERGY0129818-Dec-1818-Dec-24
18-Dec-24
On the basis of the more competitive audit fee proposal provided by one of the professional audit firms who has the necessary capabilities and competence (including technical expertise, industry knowledge and track record, manpower and other resources) to perform their duties in respect of an engagement for 2024 Audit, the Board with the recommendation of the Audit Committee, is satisfied that the change of auditor is in the interest of the Company and the shareholders of the Company as a whole.
HUANENG POWER0090212-Dec-24
22-Nov-24
To maintain good corporate governance practices, the Board has decided to rotate the auditors upon the expiration of the current terms of EY and EYHM. Resigned international auditor: EY and domestic auditor EYHM, appointed international auditor: BDO and domestic auditor Hong Kong BDO
HIGHTIDE-B0251114-Dec-2311-Dec-24
11-Dec-24
Could not reach an agreement on the proposed audit fee for the year ending 31 December 2024. In view of the more competitive proposals provided by other professional accounting firms possessing the necessary capabilities and competence (including specialties, reputation, industry knowledge and track record, manpower, fee and other resources) to perform its duties as independent auditor than EY, the Board, with the recommendation of the Audit Committee, considered that a change in auditor would achieve the cost-effectiveness of the Company’s annual audit, which is in the interest of the Company and the shareholders of the Company as a whole.
CANBRIDGE-B0122806-Sep-0106-Dec-24
06-Dec-24
Lack of agreement on the proposed audit fee in respect of the audit of the Group’s consolidated financial statements for the year ending December 31, 2024.
LING YUE SER GP0216529-Jun-2106-Dec-24
06-Dec-24
Could not reach consensus of the audit fees for the financial year ending 31 December 2024.
HAICHANG HLDG0225528-Feb-1406-Dec-24
06-Dec-24
Could not reach an agreement on the audit fee.
LEADING HLDGS0699926-Nov-2006-Dec-24
06-Dec-24
Could not reach consensus of the audit fees for the financial year ending 31 December 2024.
LINMON MEDIA0985729-Jul-2206-Dec-24
06-Dec-24
Failed to reach agreement on the audit fees for the year of 2024 in consideration of the factor of cost effectiveness.
VICTORY SEC0854030-Jun-1802-Dec-24
02-Dec-24
Could not reach a consensus on the fee for the audit of the consolidated financial statements of the Group for the financial year ending 31 December 2024.
CCT FORTIS0013829-Nov-24
29-Nov-24
Could not reach a consensus on the proposed audit fee for the financial year ending 31 December 2024. Except for the disagreement in audit fee and EY did not express an opinion on the consolidated financial statements of the Group for the year ended 31 December 2023 due to multiple uncertainties relating to going concern, there are no disagreements or unresolved matters between the Company and EY, and there are no other circumstances in respect of the Resignation that need to be brought to the attention of the shareholders of the Company.
PURAPHARM0149825-Jun-1528-Nov-24
28-Nov-24
Could not reach a consensus on the audit fee. EY further confirmed that, other than the emphasis of the material uncertainty related to the going concern of the Group which existed at 31 December 2023 as set out in the respective audit report dated 28 March 2024, EY does not have any other matters that would like to bring to the attention to the shareholders or creditors of the Company.
RSUN SER0197124-Jun-2020-Nov-24
20-Nov-24
Could not reach an agreement on the audit fee.
RSUN PPT0199629-Jun-1820-Nov-24
20-Nov-24
Could not reach an agreement on the audit fee.
ZHONGLIANG HLDG0277227-Jun-1915-Nov-24
15-Nov-24
Could not reach a consensus on the audit fee for the financial year ending 31 December 2024.
GRAND BAOXIN0129302-Dec-1108-Nov-24
08-Nov-24
Could not reach an agreement on the audit fee.
ROYALE HOME0119827-Feb-9208-Nov-24
08-Nov-24
It is stated in EY’s resignation letter that they have been informed by the Company of its decision to change the auditors for the financial year ending 31 December 2024 in consideration of the factor of cost effectiveness.
SILVER GRANT0017108-Nov-24
22-Nov-24 122-Nov-24 2
Unable to reach an agreement on the audit fee in respect of the audit of the Group’s consolidated financial statements for the year ending 31 December 2024. EY have confirmed in their letter of resignation that except for the disagreement in audit fee and the matters as detailed (4 points; see announcement) there are no circumstances connected with their resignation which they consider should be brought to the attention of the shareholders or creditors of the Company.
BJ PROPERTIES0092501-Nov-24
31-Oct-24
Since the number of years that the Company has continuously engaged Ernst & Young (“EY”) has reached the prescribed time limit, the board of directors of the Company (the “Board”) announces that EY has resigned as the auditor of the Company with effect from 1 November 2024.
DUIBA0175324-Apr-1901-Nov-24
01-Nov-24
The Company and EY cannot reach an agreement on the audit fee for the audit of the consolidated financial statements of the Group for year ending 31 December 2024. The audit committee of the Company has reviewed the audit fee proposal provided by EY in September 2024 and considered that the estimated fee level may not be commensurate with the cost control measures of the Group. The Audit Committee has also obtained and reviewed audit fee proposals provided by other professional accounting firms, which were lower in comparison with EY’s audit fee proposal. In view of the more competitive fee proposals provided by other professional accounting firms possessing the necessary capabilities and competence to perform its duties as the auditor of the Company, the Board, with the recommendation of the Audit Committee, is satisfied that the resignation of EY is in the interests of the Company and the shareholders of the Company as a whole.
BE ENVIRONMENT0015431-Oct-24
31-Oct-24
Since the number of years that the Company has continuously engaged Ernst & Young (“EY”) has reached the prescribed time limit, the board of directors of the Company (the “Board”) announces that EY has resigned as the auditor of the Company with effect from 31 October 2024.
BEIJING ENT0039231-Oct-24
31-Oct-24
Since the number of years that the Company has continuously engaged Ernst & Young (“EY”) has reached the prescribed time limit, the board of directors of the Company (the “Board”) announces that EY has resigned as the auditor of the Company with effect from 31 October 2024.
IVD MEDICAL0193129-Jun-1928-Oct-24
28-Oct-24
Could not reach a consensus on the proposed audit fee for the year ending 31 December 2024.
WECON HOLDINGS0179330-Jan-1904-Oct-24
08-Oct-24 108-Oct-24 2
Unable to reach a consensus on the auditor’s remuneration for the financial year ending 31 March 2025.
BIOSINO BIO-TEC0824716-Feb-0613-Sep-24
27-Sep-24 127-Sep-24 2
Could not reach a consensus in respect of the audit fee of the Company for the year ending 31 December 2024. Resigned international auditor: Ernst & Young and domestic auditor Ernst & Young Hua Ming LLP, appointed international auditor: BDO Limited and domestic auditor BDO China Shu Lun Pan Certified Public Accountants LLP
SANXUN GROUP0661130-Jun-2128-Aug-24
16-Dec-24 116-Dec-24 2
Retired
ZHONG AO HOME0153826-May-1723-Aug-24
23-Aug-24
Could not reach an agreement on the audit fee for the financial year ending 31 December 2024.
3D MEDICINES0124429-Nov-2228-Jun-24
05-Jun-24
Could not reach a consensus on the audit fee.
MELCO INT'L DEV0020028-Jun-24
28-Jun-24
Align the audit arrangements between the Company and Melco Resorts Group, enhancing the efficiency of the audit services and saving cost.
SANXUN GROUP0661130-Jun-2128-Jun-24
14-Aug-24 114-Aug-24 214-Aug-24 314-Aug-24 4
Professional risk associated with the audit and the level of audit fees.
DESUN SERVICES0227030-Nov-2127-Jun-24
05-Jun-24
Due consideration to audit fees
VPOWER GROUP0160814-Nov-1618-Jun-24
18-Jun-24 118-Jun-24 2
The board has reviewed the need for a change of auditor, considering that Ernst & Young has served as the auditor for over seven consecutive years and the audit fees involved.
GREENLAND BROAD0125330-Jun-1407-Jun-24
07-Jun-24
In arriving at the decision on whether to continue with the audit, it has taken into account a number of factors including, among other things, the level of audit fees related to the audit and the availability of its internal resources.
GREENLAND BROAD0125330-Jun-1407-Jun-24
30-Oct-24 130-Oct-24 230-Oct-24 3
Retirement upon the expiration of its term of office
EB GRAND CHINA0369910-Dec-1406-Jun-24
27-Mar-24
Restrictions in respect of the number of years of audit services that an accounting firm can continuously provide to a state-owned enterprise.
EB ENVIRONMENT0025730-May-24
30-May-24
Not Specified
EB SECURITIES0617815-May-1828-May-24
28-May-24
Retirement
KINERGY0330230-Jun-1824-May-24
12-Apr-24
Enhance the independence and objectivity of the external audit services.
SICHUAN EXPRESS0010723-May-24
27-Mar-24
Exceeded the longest term as set out by the Administrative Measures.
CHINA EB LTD0016523-May-24
23-May-24
Not Specified
MAOYE INT'L0084807-May-24
12-Apr-24
Enhance the independence of the auditor of the Company
CEB WATER0185725-Apr-1726-Apr-24
28-Mar-24
Retirement
CEB WATER0185725-Apr-1726-Apr-24
26-Apr-24
Not Specified
CHINA LONGYUAN0091625-Apr-24
25-Apr-24
Approaching the end of its service term as stipulated in the Administrative Measures
COOLPAD GROUP0236930-Nov-0428-Mar-24
16-Apr-24 116-Apr-24 2
Unable to estimate an audit timetable for the completion of 2023 Audit and the additional fees incurred due to significant outstanding matters.
EB ENVIRONMENT0025727-Mar-24
27-Mar-24
The number of years that the Company has continuously engaged EY has reached the prescribed time limit, and in order to maintain good corporate governance and the independency of auditor.
CEB GREENTECH0125728-Jan-9427-Mar-24
27-Mar-24
Reached the prescribed time limit according to relevant regulations and to maintain good corporate governance and auditor independence.
CHINA EB LTD0016522-Mar-24
22-Mar-24
Restrictions in respect of the years of audit services that an accounting firm can continuously provide to a central state-owned enterprise.
CEB WATER0185725-Apr-1727-Feb-24
27-Feb-24
The number of years that the Company has continuously engaged EY will reach the prescribed time limit according to the relevant regulations.
CEBHK N24034061029-Jun-1606-Feb-24
06-Feb-24
Maximum term of consecutive engagement reached as stipulated by the Ministry of Finance of the People’s Republic of China
CEB BANK0681829-Jun-1606-Feb-24
06-Feb-24
Maximum term of consecutive engagement of an accounting firm as stipulated by the Ministry of Finance of the People’s Republic of China.
QINGDAO HLDGS0049919-Jan-24
19-Jan-24
Could not reach an agreement on the audit fee for the financial year ended 31 December 2023.
CEBHK N24064072429-Jun-1631-Dec-23
06-Feb-24
Maximum term of consecutive engagement reached as stipulated by the Ministry of Finance of the People’s Republic of China
EB SECURITIES0617815-May-1831-Dec-23
27-Mar-24
To ensure the independence and objectivity of the Company’s auditors
SCE CM0060629-Dec-23
29-Dec-23
Could not reach an agreement on the audit fee.
CHINA SCE GROUP0196625-Jan-1029-Dec-23
29-Dec-23
Could not reach an agreement on the audit fee.
KWG LIVING0391319-Oct-2027-Dec-23
27-Dec-23
Could not reach a consensus on the audit fee and the audit timetable for the year ending 31 December 2023.
KWG GROUP0181318-Jun-0727-Dec-23
27-Dec-23
Could not reach a consensus on a mutually acceptable audit timetable and the level of audit fees.
ZENSUN ENT0018525-Dec-23
27-Dec-23
Could not reach a consensus on the level of audit fees.
XINGYE WULIAN0991625-Feb-2021-Dec-23
22-Dec-23
Could not reach a consensus on the level of audit fees.
RUNHUA SERVICE0245530-Dec-2218-Dec-23
09-Jan-24 109-Jan-24 2
Could not reach a consensus on the audit fee.
SUNNY SIDE UP0808204-Oct-1715-Dec-23
15-Dec-23
Unable to reach an agreement on the proposed audit fee for the financial year ending 31 December 2023.
TONGDA GROUP0069801-Dec-23
10-Dec-23
Could not reach an agreement on the audit fee for the financial year ending 31 December 2023.
CHINFMINING0125828-Jun-2228-Nov-23
28-Nov-23
No specific reason provided, but EY confirmed no matters need to be brought to the attention of holders of the securities or creditors of the Company.
PLATT NERA0194916-Jul-1928-Nov-23
29-Nov-23
Could not reach a consensus on the audit fee.
21CENTURY EDU0159815-May-1822-Nov-23
19-Dec-23 119-Dec-23 2
Could not reach consensus on the audit fee in respect of the audit of the consolidated financial statements of the Group for the year ending 31 December 2023. Among the factors that Ernst & Young assessed their audit fee for 2023, Ernst & Young considered that a matter related to certain bank loans of the Group should be brought to the attention of the shareholders or creditors of the Company.
GP LOGISTICS0848909-Jul-2116-Nov-23
16-Nov-23
Unable to reach an agreement on the proposed audit fee for the financial year ending 31 December 2023.
BWI INT'L0233930-Jan-1510-Nov-23
10-Nov-23
The number of years that the Company has continuously engaged its existing auditor has exceeded the prescribed time limit.
CHINAVTM MINING0089307-Nov-23
07-Nov-23
Could not reach a consensus on the audit fee.
YINCHENG INTL0190222-Feb-1901-Nov-23
06-Nov-23
(a) due to a significant reduction in audit fees proposed by the Company after the date of annual general meeting, the Company and Ernst & Young were unable to reach a consensus as to the audit fees for the year ending 31 December 2023. Ernst & Young has, as a result, neither been formally engaged by the Company for the audit of the financial statements for such financial year nor has it commenced any related audit work; (b) a certain portion of the audit fees owed by the Company to Ernst & Young for the year ended 31 December 2022 remains overdue and unsettled, which in Ernst & Young’s view, may impact its independence according to paragraph R410.13 of the Code of Ethics for Professional Accountants issued by the Hong Kong Institute of Certified Public Accountants, and which issue also raised concerns on whether the Company would be able to settle its audit fees for the year ending 31 December 2023 should a consensus on such fees be reached; and (c) with reference to the Announcements, the Company continues to be delinquent in publishing the 2023 Interim Results and despatching the 2023 Interim Report to the Shareholders within the timeframe required under the Listing Rules, as additional time is required to complete the outstanding matters as described in the Company’s announcement dated 25 September 2023. The Company has not indicated the expected date by which it is able to do so. Furthermore, Ernst & Young has learnt from the management of the Company that there has been certain changes to the personnel of the finance team of the Company. In view of the above, there were concerns on the part of Ernst & Young as to the Company’s ability to timely and accurately prepare its financial statements and underlying evidence, and for Ernst & Young to satisfy its obligation as the auditor of the Company to timely execute and complete a quality audit for 2023.
HPC HOLDINGS0174206-Aug-1906-Oct-23
06-Oct-23
Cannot reach a mutual agreement on the audit fee for the financial year ending 31 October 2023.
CH GENERAL EDU0217530-Jun-2101-Sep-23
25-Sep-23 125-Sep-23 2
Inability to reach an agreement with the Company on the proposed scope of EY’s involvement in the work performed by the Company’s investigation specialists and issues identified prior to the suspension of EY’s audit.
UCD0159925-Jun-1403-Aug-23
03-Aug-23
The term of audit services provided by Ernst & Young for the Company has reached the longest consecutive audit period specified in the Administrative Measures.
HUIJING HLDGS0996831-Dec-1931-Jul-23
31-Jul-23
Due to the staff turnover of key management personnel in the finance department of the Group, the management is unable to provide to EY relevant information and documents required for their audit of the consolidated financial statements of the Group for the year ended 31 December 2022 in accordance with the original pre-agreed timetable.
SANERGY GROUP0245930-Dec-2231-Jul-23
31-Jul-23
Unable to reach a consensus in respect of the audit fees for the year ending 31 December 2023.
HUIJING HLDGS0996831-Dec-1931-Jul-23
07-Aug-23
Not Specified
CONANT OPTICAL0227630-Nov-2118-Jul-23
21-Jul-23 121-Jul-23 2
Cost control and the proposed audit fee quote provided by Ernst & Young.
YESTAR HEALTH0239318-Feb-9707-Jul-23
28-Jul-23 128-Jul-23 2
Unable to reach a consensus in respect of the cost effectiveness and the proposed audit fees for the year ending 31 December 2023.
VENUS MEDTECH-B0250028-Nov-1930-Jun-23
02-Jun-23
Could not reach a consensus on the audit fee. Appointed international auditor: ZHONGHUI ANDA CPA Limited and domestic auditor Zhonghui Certified Public Accountants LLP
SUNKWAN PPT0690031-Oct-2030-Jun-23
30-Jun-23
Could not reach a consensus on the audit fee for FY2023.
ASCLETIS-B0167220-Jul-1829-Jun-23
24-May-23
Could not reach a consensus on the audit fee.
SINOTRUK0380829-Jun-2028-Jun-23
12-May-23
In order to further optimise management costs and achieve good corporate governance and having taken into account the practical needs of the Company
CINDA 21USDPREF0462129-Jun-1520-Jun-23
21-Apr-23
The term of appointment of the same accounting firm by a state-owned financial enterprise shall not exceed eight years. Resigned international auditor: Ernst & Young and domestic auditor Ernst & Young Hua Ming, appointed international auditor: PricewaterhouseCoopers and domestic auditor PricewaterhouseCoopers Zhong Tian LLP
SHINSUN N23084080830-Oct-2020-Jun-23
23-Jun-23
Could not reach a consensus with EY on the level of audit fees and the relevant payment schedule for the year ended 31 December 2022.
SHINSUN HOLD GP0259930-Oct-2020-Jun-23
23-Jun-23
Could not reach a consensus with EY on the level of audit fees and the relevant payment schedule for the year ended 31 December 2022.
SINOPHARM0109925-Feb-9815-Jun-23
28-Apr-23
The term of service of Ernst & Young has reached the prescribed time limit.
CR MEDICAL0151530-May-1901-Jun-23
28-Mar-23
The number of years that the Company has continuously engaged its existing independent auditor, Ernst & Young, is approaching the prescribed time limit.
CHINARES PHARMA0332018-May-1829-May-23
30-Mar-23
Rotation of its independent auditor after an appropriate period of time as a good corporate governance measure.
CHINARES CEMENT0131311-May-1825-May-23
17-Mar-23
Reached the prescribed time limit for audit services for state-owned enterprises.
CHINA RES GAS0119323-May-1825-May-23
13-Apr-23
Reached the prescribed time limit for audit services as per regulations for state-owned enterprises.
CINDA INTL HLDG0011122-May-23
22-May-23
In order to align the Company’s appointment of auditor with that of its controlling shareholder
CDB LEASING0160628-Jun-1927-Apr-23
10-May-23 110-May-23 2
Term of the existing accounting firm engaged by the Company will expire upon the conclusion of the 2022 annual general meeting of the Company. Resigned international auditor: Ernst & Young and domestic auditor Ernst & Young Hua Ming LLP, appointed international auditor: BDO Limited and domestic auditor BDO China Shu Lun Pan Certified Public Accountants LLP
CHINA CINDA0135929-Jun-1521-Apr-23
21-Apr-23
The term of appointment of the same accounting firm by a state-owned financial enterprise shall not exceed eight years. Resigned international auditor: Ernst & Young and domestic auditor Ernst & Young Hua Ming, appointed international auditor: PricewaterhouseCoopers and domestic auditor PricewaterhouseCoopers Zhong Tian LLP
CR LAND SPCS4009101-Jun-1829-Mar-23
29-Mar-23
Reached the prescribed time limit for audit services as per relevant regulations.
CR LAND N24020570101-Jun-1829-Mar-23
29-Mar-23
Reached the prescribed time limit for audit services as per relevant regulations.
CR LAND N24080578701-Jun-1829-Mar-23
29-Mar-23
Reached the prescribed time limit for audit services as per regulations.
CR LAND N29100581901-Jun-1829-Mar-23
29-Mar-23
Reached the prescribed time limit for audit services as per relevant regulations.
CHINA RES LAND0110901-Jun-1829-Mar-23
29-Mar-23
Reached the prescribed time limit for audit services as per regulations.
CR LAND N29020578601-Jun-1829-Mar-23
29-Mar-23
Reached the prescribed time limit for audit services as per regulations.
CHINA RES MIXC0120925-Nov-2028-Mar-23
28-Mar-23
Approaching the prescribed time limit for audit services as per regulations.
DAFA PPT0611128-Sep-1817-Feb-23
20-Feb-23
Unable to reach a consensus on the audit fee and the timetable for the audit of the consolidated financial statements.
DAFA PPT0611128-Sep-1817-Feb-23
16-Jun-23
Not Specified
KANGHUA HEALTH0368903-Jan-2203-Feb-23
03-Feb-23
Unable to reach a consensus regarding the auditor’s remuneration for the year ended 31 December 2022.
STARLIGHT CUL0115929-Jun-1831-Dec-22
10-Jan-23
Professional risk associated with the audit, the level and timeliness of assistance from the Company, the outstanding unpaid audit fees for year ended 31 December 2021 and EY’s available internal resources in light of the current work flows.
SINCO PHARMA0683329-Feb-1608-Dec-22
08-Dec-22
Could not come to a consensus in relation to the timeline for the preparation of the audit work for the Company’s annual results for the year ended 31 December 2022. The Company was informed by EY that they could only commence the Audit after the completion of the Forensic Investigation.
SINCO PHARMA0683329-Feb-1608-Dec-22
13-Dec-22
Not Specified
NAMYUE HOLDINGS0105828-May-9928-Nov-22
28-Nov-22
Failure to reach a consensus on the audit fee of the Company for the year ending 31 December 2022.
KING STONE ENGY0066328-Nov-22
30-Nov-22
Could not reach a consensus in respect of the audit fee for the year ending 31 December 2022.
FEIYANG GROUP0190118-Jun-1917-Nov-22
17-Nov-22
Could not reach a consensus in respect of the audit fee of the Company for the year ending 31 December 2022.
GBA HOLDINGS0026111-Nov-22
11-Nov-22
Unable to reach consensus regarding audit fee.
CHYY GP0812826-Nov-0110-Nov-22
10-Nov-22
Not Specified
SOUTH MANGANESE0109108-Nov-1019-Oct-22
19-Oct-22
For the purpose of maintaining good corporate governance practice and enhancing its standard, the Board and the audit committee of the Company consider that the auditor of the Company should be rotated after an appropriate period of time.
CHYY GP0812826-Nov-0106-Sep-22
07-Oct-22 107-Oct-22 2
Could not reach a consensus on the audit fee for the financial year ending 31 December 2022.
AUSNUTRIA0171724-Sep-0905-Sep-22
29-Jul-22
Maintaining good corporate governance practice and improving its standard
CHEN XING0228622-Jun-1502-Sep-22
02-Sep-22
Failure to reach a consensus on proposed fee for auditing annual results.
LVJI TECH0174531-Dec-1905-Aug-22
05-Aug-22
Could not reach a consensus on the proposed fees in relation to the audit of the annual results of the Group for the year ending 31 December 2022.
NEWLINK TECH0960021-Dec-2026-Jul-22
26-Jul-22
Could not reach a consensus in respect of the audit fee of the Company for the financial year ending 31 December 2022.
BISON FINANCE0088822-Jul-22
22-Jul-22
Could not reach a consensus on the audit fee for the year ending 31 December 2022.
DATANG ENVIRO0127203-Nov-1630-Jun-22
30-Jun-22 130-Jun-22 2
Service terms will expire soon due to restrictions on the term of years of audit services that an accounting firm can provide.
BESTSTUDY EDU0397812-Dec-1830-Jun-22
30-Jun-22 130-Jun-22 2
Could not reach a consensus on the audit remuneration for the financial year ending 31 December 2022
COSCO SHIP DEV0286626-Jun-1230-Jun-22
30-Jun-22 130-Jun-22 2
Ernst & Young has been the international auditor for 10 years. Rotation of its international auditor after an appropriate period of time as a good corporate governance practice.
DATANG RENEW0179830-Jun-1530-Jun-22
30-Jun-22
Not Specified
NCI0133620-May-1428-Jun-22
28-Apr-22 128-Apr-22 2
Cessation after the conclusion of the annual general meeting of 2021 of the Company.
BETTERLIFE HLDG0690930-Jun-2128-Jun-22
03-Aug-22 103-Aug-22 2
Resolution for re-appointment was not passed at the AGM.
HANG CHI HLDG0840528-Jun-1727-Jun-22
27-Jun-22
Retirement
GUANGDONG INV0027023-Jun-22
23-Jun-22
Retirement
DATANG RENEW0179830-Jun-1514-Jun-22
14-Jun-22
Pursuant to the relevant provisions on the number of years of audit by accounting firms as stipulated in the “Measures for the Administration of the Final Account Reports of Central Enterprises” and the “Notice on Strengthening the Auditing of Final Accounts of Central Enterprises”
YASHILI INT'L0123006-Dec-1308-Jun-22
03-May-22
Enhance the independence of the auditors
MENGNIU DAIRY0231901-Jun-0408-Jun-22
08-Jun-22 108-Jun-22 2
Rotation of auditors after an appropriate period of time as a good corporate governance practice.
HANG CHI HLDG0840528-Jun-1727-May-22
25-Mar-22
Rotation of auditor after an appropriate period of time is a good corporate governance practice to ensure independence of the auditor.
VIRSCEND EDU0156531-Dec-1516-May-22
17-Jun-22 117-Jun-22 2
Retirement; the Company has received a letter from Ernest & Young on 16 May 2022 that it will not be seeking re-appointment as auditor of the Company.
LOGAN GRP N25104041117-Nov-1711-May-22
13-May-22
Restrictions imposed as a result of the outbreak of the COVID-19 pandemic in the Mainland since March 2022 have led to delay in its audit process. The Company has not been able to agree with EY on a mutually acceptable timetable to complete the audit. In the circumstances, the board believes that it is in the best interest to move forward and engage another auditor and complete the audit as soon as practicable. On such basis, the Board has resolved to request EY to resign as auditor. At the request of the Board, EY has resigned as auditor. In its resignation letter, EY has set out the key outstanding matters and information which include finalisation of the Group’s cashflow forecast and valuation reports and the receipt of external confirmations.
LOGAN GRP N28014052717-Nov-1711-May-22
13-May-22
Restrictions imposed as a result of the outbreak of the COVID-19 pandemic in the Mainland since March 2022 have led to delay in its audit process. The Company has not been able to agree with EY on a mutually acceptable timetable to complete the audit. In the circumstances, the board believes that it is in the best interest to move forward and engage another auditor and complete the audit as soon as practicable. On such basis, the Board has resolved to request EY to resign as auditor. At the request of the Board, EY has resigned as auditor. In its resignation letter, EY has set out the key outstanding matters and information which include finalisation of the Group’s cashflow forecast and valuation reports and the receipt of external confirmations.
LOGAN GRP N26074075417-Nov-1711-May-22
13-May-22
Restrictions imposed as a result of the outbreak of the COVID-19 pandemic in the Mainland since March 2022 have led to delay in its audit process. The Company has not been able to agree with EY on a mutually acceptable timetable to complete the audit. In the circumstances, the board believes that it is in the best interest to move forward and engage another auditor and complete the audit as soon as practicable. On such basis, the Board has resolved to request EY to resign as auditor. At the request of the Board, EY has resigned as auditor. In its resignation letter, EY has set out the key outstanding matters and information which include finalisation of the Group’s cashflow forecast and valuation reports and the receipt of external confirmations.
LOGAN GRP N24094038517-Nov-1711-May-22
13-May-22
Restrictions imposed as a result of the outbreak of the COVID-19 pandemic in the Mainland since March 2022 have led to delay in its audit process. The Company has not been able to agree with EY on a mutually acceptable timetable to complete the audit. In the circumstances, the board believes that it is in the best interest to move forward and engage another auditor and complete the audit as soon as practicable. On such basis, the Board has resolved to request EY to resign as auditor. At the request of the Board, EY has resigned as auditor. In its resignation letter, EY has set out the key outstanding matters and information which include finalisation of the Group’s cashflow forecast and valuation reports and the receipt of external confirmations.
LOGAN GRP N25014011417-Nov-1711-May-22
13-May-22
Restrictions imposed as a result of the outbreak of the COVID-19 pandemic in the Mainland since March 2022 have led to delay in its audit process. The Company has not been able to agree with EY on a mutually acceptable timetable to complete the audit. In the circumstances, the board believes that it is in the best interest to move forward and engage another auditor and complete the audit as soon as practicable. On such basis, the Board has resolved to request EY to resign as auditor. At the request of the Board, EY has resigned as auditor. In its resignation letter, EY has set out the key outstanding matters and information which include finalisation of the Group’s cashflow forecast and valuation reports and the receipt of external confirmations.
LOGAN GRP N26124050817-Nov-1711-May-22
13-May-22
Restrictions imposed as a result of the outbreak of the COVID-19 pandemic in the Mainland since March 2022 have led to delay in its audit process. The Company has not been able to agree with EY on a mutually acceptable timetable to complete the audit. In the circumstances, the board believes that it is in the best interest to move forward and engage another auditor and complete the audit as soon as practicable. On such basis, the Board has resolved to request EY to resign as auditor. At the request of the Board, EY has resigned as auditor. In its resignation letter, EY has set out the key outstanding matters and information which include finalisation of the Group’s cashflow forecast and valuation reports and the receipt of external confirmations.
LOGAN GRP N25074064217-Nov-1711-May-22
13-May-22
Restrictions imposed as a result of the outbreak of the COVID-19 pandemic in the Mainland since March 2022 have led to delay in its audit process. The Company has not been able to agree with EY on a mutually acceptable timetable to complete the audit. In the circumstances, the board believes that it is in the best interest to move forward and engage another auditor and complete the audit as soon as practicable. On such basis, the Board has resolved to request EY to resign as auditor. At the request of the Board, EY has resigned as auditor. In its resignation letter, EY has set out the key outstanding matters and information which include finalisation of the Group’s cashflow forecast and valuation reports and the receipt of external confirmations.
LOGAN GRP N24060573217-Nov-1711-May-22
13-May-22
Restrictions imposed as a result of the outbreak of the COVID-19 pandemic in the Mainland since March 2022 have led to delay in its audit process. The Company has not been able to agree with EY on a mutually acceptable timetable to complete the audit. In the circumstances, the board believes that it is in the best interest to move forward and engage another auditor and complete the audit as soon as practicable. On such basis, the Board has resolved to request EY to resign as auditor. At the request of the Board, EY has resigned as auditor. In its resignation letter, EY has set out the key outstanding matters and information which include finalisation of the Group’s cashflow forecast and valuation reports and the receipt of external confirmations.
LOGAN GROUP0338017-Nov-1711-May-22
13-May-22
Restrictions imposed as a result of the outbreak of the COVID-19 pandemic in the Mainland since March 2022 have led to delay in its audit process. The Company has not been able to agree with EY on a mutually acceptable timetable to complete the audit. In the circumstances, the board believes that it is in the best interest to move forward and engage another auditor and complete the audit as soon as practicable. On such basis, the Board has resolved to request EY to resign as auditor. At the request of the Board, EY has resigned as auditor. In its resignation letter, EY has set out the key outstanding matters and information which include finalisation of the Group’s cashflow forecast and valuation reports and the receipt of external confirmations.
KWONG LUEN ENG0141326-Feb-2120-Apr-22
22-Apr-22
Could not reach consensus on the audit fee.
CMGE0030208-Apr-22
08-Apr-22 108-Apr-22 2
Could not reach a consensus on the audit timetable and audit fee due to practical difficulties under the Pandemic.
BYD COMPANY0121130-Jan-0729-Mar-22
29-Mar-22
Proposed Alignment with China Accounting Standards for Business Enterprises (CASBE)
GOLDIN FIN HOLD0053004-Mar-22
07-Mar-22
Taking into account various factors including the level of audit fee, internal resources and professional risk associated with audit.
YUZHOU GROUP0162820-Oct-0925-Feb-22
25-Feb-22
The progress of the 2021 audit was significantly behind the original pre-agreed timetable and there were a number of key outstanding matters.
DESON DEV INT'L0026213-Jan-22
14-Jan-22
Could not reach a consensus on the audit fee for the year ending 31 March 2022.
TONGDA HONG TAI0236328-Feb-1812-Jan-22
13-Jan-22
Could not reach an agreement on the audit fee for the financial year ended 31 December 2021.