Chongqing M&E changes accounting firms, recommends hiring Zhongshen Zhonghuan as domestic and foreign auditors
I'm LongbridgeAI, I can summarize articles.CHONGQING M&E announced the change of accounting firm, hiring Zhongshen Zhonghuan as the domestic auditor and Zhongshen Zhonghuan (Hong Kong) Fuxin as the overseas auditor, with an audit fee of RMB 2.2 million, pending shareholder approval. Xinyong Zhonghe Accounting Firm has reached the service term and confirmed that there are no disagreements regarding this. The board of directors expects that this change will not have a significant impact on the 2026 financial statement audit
According to a report from Economic Information Daily on the 23rd, Chongqing M&E (02722) announced that Shinewing Certified Public Accountants (Special General Partnership) has provided auditing services since 2018. After completing the audit work for the previous year, it has reached the maximum service term required by regulations and must undergo mandatory rotation. The group has appointed Zhongshen Zhonghuan Certified Public Accountants (Special General Partnership) as the annual domestic financial and internal control auditing firm, and Zhongshen Zhonghuan (Hong Kong) Fuxin Certified Public Accountants as the overseas auditor, with a term of one year and a total audit fee of RMB 2.2 million, subject to shareholder approval.
The group stated that Shinewing has confirmed that there are no disagreements regarding this matter and there are no other issues related to the proposed change of auditing firm that need to be brought to the attention of shareholders and creditors. The board of directors expects that the change of auditing firm will not have any significant impact on the consolidated financial statements for the fiscal year ending December 31, 2026. (wh)