Wuxi Life International Holdings Group Limited (8148) announced that Fan, Chan & Co. Limited resigned as auditor on 25 November 2025. According to the announcement, the resignation resulted from an inability to reach an agreement on the audit fees for the financial year ending 31 December 2025. Both Fan Chan and the board of directors confirmed that there were no other disagreements or unresolved matters regarding the resignation.
CCTH CPA Limited has been appointed as the new auditor with effect from 25 November 2025 following a recommendation by the audit committee. In assessing CCTH, the audit committee considered factors such as industry knowledge, technical competence, independence, proposed fees, and alignment with relevant guidelines. The board expects that the change of auditor will not impact the annual audit process and welcomes CCTH in its new role.
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