CALB proposes replacing H-share auditor with Rongcheng HK; 2026 audit fee projected at HK$3.80–4.20 million

Bulletin Express05-13

CALB Group Co., Ltd. announced that its Board, following Audit Committee advice, has resolved on 13 May 2026 to seek shareholder approval at the forthcoming AGM for the appointment of Rongcheng (Hong Kong) CPA Limited as auditor of the company’s H shares for the 2026 financial year. The engagement would run from the end of the 2026 AGM to the conclusion of the 2027 AGM.

The proposed change follows the scheduled expiry of RSM Hong Kong’s one-year mandate. CALB cited the need to coordinate domestic and overseas audit work and to periodically refresh audit arrangements as core reasons for the move. Rongcheng HK, established in 2008 and an overseas branch of RSM China CPA LLP—the company’s onshore auditor—currently serves more than 55 listed entities on the Hong Kong Stock Exchange.

Audit fees for 2026 are preliminarily estimated at HK$3.80 million to HK$4.20 million, exclusive of tax. The final fee will be subject to adjustment only if audit scope or related factors materially change; management will be authorised to set the final amount once approved by shareholders.

RSM Hong Kong confirmed in writing that there are no matters requiring attention from shareholders or creditors regarding its termination, and both the Board and the Audit Committee reported no disagreements or unresolved issues linked to the proposed auditor change.

A circular containing full details and the AGM notice will be posted on the HKEX and company websites in due course.

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