Huajin International Replaces Deloitte With KTC Partners as Auditor Over Fee Dispute

Tip Ranks
2025.12.29 14:45
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Huajin International Holdings Ltd. has replaced Deloitte Touche Tohmatsu with KTC Partners CPA Ltd. as its auditor due to a dispute over audit fees for the 2025 financial year. The change, effective from December 29, 2025, follows the parties' inability to agree on fees amid operational changes and liquidity issues. The board assures there are no disagreements needing shareholder attention and expects the new auditor to enhance cost-effectiveness without impacting the audit process. The current analyst rating for Huajin International stock is a Hold with a price target of HK$0.25.