---
title: "HG Semiconductor Details Terms for Re-Appointment of Rongcheng as Auditor"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285579081.md"
description: "HG Semiconductor Limited has announced details regarding the proposed re-appointment of Rongcheng (Hong Kong) CPA Limited as its external auditor for the financial year ending December 31, 2026. The board seeks shareholder approval, estimating the audit fee at approximately RMB600,000 to RMB700,000, excluding expenses. The board believes the fee is fair due to the auditor's familiarity with the company, and any significant changes will be disclosed to ensure transparency. HG Semiconductor is listed on the Hong Kong Stock Exchange and operates in the semiconductor sector."
datetime: "2026-05-07T15:11:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285579081.md)
  - [en](https://longbridge.com/en/news/285579081.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285579081.md)
---

# HG Semiconductor Details Terms for Re-Appointment of Rongcheng as Auditor

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The latest announcement is out from HG Semiconductor Limited ( (HK:6908) ).

HG Semiconductor Limited has issued a supplemental announcement ahead of its 2026 annual general meeting, providing additional details on the proposed re-appointment of Rongcheng (Hong Kong) CPA Limited as its external auditor. The board, following a recommendation from the audit committee, plans to seek shareholder approval for Rongcheng to continue in the role through the financial year ending 31 December 2026, with authority for the board to determine the auditor’s remuneration.

The company estimates the audit fee for Rongcheng at approximately RMB600,000 to RMB700,000, excluding out-of-pocket expenses, based on historical fees, market rates, business complexity and the expected audit scope and timetable. Citing the auditor’s familiarity with the group’s operations, the board considers the fee fair and reasonable and expects efficiency benefits, while noting that any material change to the underlying assumptions or final fee will trigger further disclosure, reinforcing governance transparency for shareholders.

**More about HG Semiconductor Limited**

HG Semiconductor Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange. The group operates in the semiconductor sector through a range of subsidiaries and prepares consolidated financial statements reflecting its business activities and growth plans in its chosen markets.

**Average Trading Volume:** 1,940,985

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$568.3M

Find detailed analytics on 6908 stock on TipRanks’ Stock Analysis page.

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