---
title: "Global Chinese Business Club Replaces Auditor After Fee Dispute"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278192165.md"
description: "Global Chinese Business Club has replaced its auditor, ZSZH (HK) Fuson CPA Limited, due to a dispute over audit fees for the financial year ending 31 March 2026. The resignation is effective from 6 March 2026, with no other issues reported that require shareholder attention. Wilson & Partners CPA has been appointed as the new auditor, aiming to enhance audit efficiency and cost-effectiveness. The company, formerly known as Affluent Foundation Holdings Ltd., is listed on the Hong Kong Stock Exchange and has a current market cap of HK$17.62B."
datetime: "2026-03-06T14:41:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278192165.md)
  - [en](https://longbridge.com/en/news/278192165.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278192165.md)
---

# Global Chinese Business Club Replaces Auditor After Fee Dispute

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Affluent Foundation Holdings Ltd. ( (HK:1757) ) just unveiled an update.

Global Chinese Business Club has announced a change of auditor, with ZSZH (HK) Fuson CPA Limited resigning effective 6 March 2026 after the two sides failed to agree on audit fees for the financial year ending 31 March 2026. Both the outgoing auditor and the board, including its audit committee, stated there were no other issues requiring shareholder attention, and the company said the resignation should not materially affect the timing of its annual audit or results release.

To fill the vacancy, the board has appointed Wilson & Partners CPA as the new auditor, following an assessment of its market reputation, Main Board audit experience, fee proposal, independence and compliance with regulatory guidelines. The board and audit committee concluded that the switch will enhance the cost-effectiveness and efficiency of the group’s annual audit, signalling an effort to optimise professional service costs while maintaining audit quality for shareholders.

The most recent analyst rating on (HK:1757) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on Affluent Foundation Holdings Ltd. stock, see the HK:1757 Stock Forecast page.

**More about Affluent Foundation Holdings Ltd.**

Global Chinese Business Club, formerly known as Affluent Foundation Holdings Ltd., is a Cayman Islands-incorporated company listed on the Main Board of the Hong Kong Stock Exchange. The group operates through various subsidiaries, although this announcement focuses on its corporate governance and audit arrangements rather than specific business lines or markets.

**Average Trading Volume:** 2,646,089

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$17.62B

Learn more about 1757 stock on TipRanks’ Stock Analysis page.

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