Fulu Holdings Ltd. Appoints HLB as New Auditor Following EY Resignation

Reuters
2025.09.23 09:22
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Fulu Holdings Ltd. has appointed HLB Hodgson Impey Cheng Limited as its new auditor after Ernst & Young (EY) resigned due to a disagreement over audit fees for the financial year ending December 31, 2025. The change, effective September 23, 2025, was made to enhance cost-effectiveness and align with shareholder interests, based on HLB's independence and competitive fee proposal.

Fulu Holdings Ltd. has announced a change in its auditor, following the resignation of Ernst & Young (EY) due to an inability to reach an agreement on the audit fees for the financial year ending December 31, 2025. The company’s Board of Directors has appointed HLB Hodgson Impey Cheng Limited as the new auditor, effective September 23, 2025. The decision was based on HLB’s independence, competence, and capability, alongside a more competitive audit fee proposal. The Board believes this change will enhance the cost-effectiveness of the company’s annual audit and align with the interests of its shareholders. 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. Fulu Holdings Ltd. published the original content used to generate this news brief on September 23, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here