China Frontier Technology Group Moves to Replace Auditor Over Fees, Taps Prism Hong Kong
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China Frontier Technology Group plans to replace its auditor, Infinity CPA Limited, with Prism Hong Kong Limited, pending shareholder approval. This decision follows unsuccessful negotiations over audit fees. Prism was selected for its lower fees and experience with Hong Kong-listed companies. The board assures that this change will not significantly impact the audit timetable or quality. The company, formerly known as Wisdom Sports Group, is listed on the Hong Kong Stock Exchange and focuses on cost management while maintaining audit standards.
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