China Tianrui Automotive Interiors FY2025 audit fee drops to HK$1,050,000 due to auditor change from KPMG to Ascenda Cachet

Reuters03-26
<a href="https://laohu8.com/S/CTAUF">China Tianrui Automotive Interiors</a> FY2025 audit fee drops to HK$1,050,000 due to auditor change from KPMG to Ascenda Cachet
  • China Tianrui Automotive Interiors said KPMG resigned as auditor effective Dec. 10, 2025 after the parties could not agree on the audit fee.
  • Ascenda Cachet CPA was appointed to fill the vacancy, and KPMG issued a professional clearance letter stating it was not aware of any circumstances related to the change.
  • KPMG had quoted an audit fee of RMB2.1 million, while Ascenda Cachet proposed HKD1.1 million for the audit.


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