Zhixin Group Holding switches auditor from PwC to Crowe over fee dispute

Reuters02-26
Zhixin Group Holding switches auditor from PwC to Crowe over fee dispute

Zhixin Group Holding Ltd. changed its auditor after failing to agree audit fees with PricewaterhouseCoopers for the year ending Dec. 31, 2025. PwC had proposed raising the audit fee to RMB2.7 million from RMB2.2 million a year earlier, while the company appointed Crowe at RMB1.5 million, saying the lower fee would not compromise audit quality under a risk-based audit plan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhixin Group Holding Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260226-12030394), on February 26, 2026, and is solely responsible for the information contained therein.

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