ZHONGYU ENERGY (03633) has announced that its current auditor, KPMG, will retire upon the conclusion of the upcoming Annual General Meeting scheduled for June 26, 2026, due to the expiration of its existing term and will not be reappointed. Following a recommendation from the Audit Committee, the company has resolved to appoint Deloitte Touche Tohmatsu (Deloitte) as the new auditor after KPMG's retirement. Deloitte's appointment will be effective until the conclusion of the next Annual General Meeting, subject to approval by shareholders at the meeting. The formal appointment of Deloitte as the company's new auditor is also contingent upon the completion of its client acceptance procedures.
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