CHINA WACAN (01920): Guowei Appointed as New Auditor

Stock News2025-12-11

CHINA WACAN (01920) announced that Guocheng Certified Public Accountants Limited (Guocheng) has resigned as the company's auditor, effective December 11, 2025. In the resignation letter dated December 11, 2025, Guocheng stated its decision to step down due to a failure to reach an agreement with the company on the proposed audit fees for the fiscal year ending December 31, 2025.

The board of directors further announced that, upon the recommendation of the audit committee, Guowei Certified Public Accountants Limited (Guowei) has been appointed as the new auditor to fill the vacancy caused by the resignation. The appointment takes effect from December 11, 2025, and will remain in place until the conclusion of the company's next annual general meeting.

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