China Longyuan Power Plans to Engage Ernst & Young Entities as 2026 Auditors

Stock News06-26

An announcement from China Longyuan (00916) indicates that, based on the tender results for its 2026 fiscal year auditor and following a recommendation from its Board Audit Committee, the company's board of directors intends to appoint Ernst & Young Hua Ming LLP and Ernst & Young as its Chinese and international auditors for the 2026 financial year, respectively.

The appointments are contingent upon approval by shareholders at an extraordinary general meeting and will remain in effect until the conclusion of the 2026 annual general meeting.

The Chinese auditor will be responsible for auditing the company's A-share financial statements, internal controls, and providing other related audit services.

The international auditor will handle the audit of H-share financial statements, the review of quarterly reports, the review of the interim report, the preparation of a limited assurance ESG report, and other associated audit services.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment