---
title: "Luxshare Precision Aligns Hong Kong and PRC Reporting Under CASBE"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294094496.md"
description: "Luxshare Precision announced it will adopt China Accounting Standards for Business Enterprises (CASBE) for all future consolidated financial statements, starting from the interim results ending June 30, 2026. This aligns its Hong Kong reporting with its existing PRC framework. The company expects this move to enhance consistency, improve efficiency, and lower compliance costs without materially affecting financial results. Additionally, BDO Limited's role as reporting accountant has ended, allowing future audits by approved PRC firms under Hong Kong rules."
datetime: "2026-07-28T14:09:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294094496.md)
  - [en](https://longbridge.com/en/news/294094496.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294094496.md)
---

# Luxshare Precision Aligns Hong Kong and PRC Reporting Under CASBE

Luxshare Precision Industry Co., Ltd. Class H ( (HK:2475) ) has issued an update.

Luxshare Precision Industry Co., Ltd. has resolved to adopt China Accounting Standards for Business Enterprises on a uniform basis for all future consolidated financial statements, starting with its interim results for the six months ended 30 June 2026. The move aligns its Hong Kong reporting with its existing PRC reporting framework, reflecting the substantial convergence between CASBE and International Financial Reporting Standards.

The board expects the unified use of CASBE to enhance consistency in financial reporting and disclosures, improve operational efficiency and lower compliance and audit costs without materially affecting the company’s results or financial position. Following completion of its H-share listing work, BDO Limited’s engagement as reporting accountant has ended, and future audits may be undertaken by approved PRC firms under Hong Kong’s listing and audit recognition rules, further streamlining the company’s cross-border compliance structure.

**More about Luxshare Precision Industry Co., Ltd. Class H**

Luxshare Precision Industry Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed on both the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. The group’s principal operations, assets and management are primarily located in the PRC, and it prepares statutory financial statements under China Accounting Standards for Business Enterprises to serve its domestic reporting needs.

**Average Trading Volume:** 12,116,749

**Current Market Cap:** HK$537.9B

For a thorough assessment of 2475 stock, go to TipRanks’ Stock Analysis page.

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