China Longyuan Power proposes Ernst & Young as 2026 auditor, replacing KPMG
I'm LongbridgeAI, I can summarize articles.China Longyuan Power Group proposes appointing Ernst & Young as its 2026 auditors, replacing KPMG and Zhongshen Zhonghuan. The appointment is contingent on shareholder approval and covers the period through the 2026 AGM. Audit fee caps are set at RMB 7.65 million each for PRC and international audits, a significant decrease from 2025 levels. The outgoing firms reported no issues or disagreements.
- China Longyuan Power Group proposed replacing its 2025 auditors with Ernst & Young Hua Ming (PRC) and Ernst & Young (international) for 2026. * Appointments would run from shareholder approval at an extraordinary meeting through the close of the 2026 annual general meeting. * 2026 audit fee caps set at RMB 7.65 million each for PRC and international audits, versus RMB 16.94 million and RMB 14.8 million in 2025. * Outgoing firms Zhongshen Zhonghuan and KPMG reported no matters to flag; the board cited no disagreements or unresolved issues. 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. China Longyuan Power Group Corporation Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260626-12218342), on June 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)