Jiangxi Copper Proposes Re-Appointment of Ernst & Young Units as 2026 Auditors
I'm LongbridgeAI, I can summarize articles.Jiangxi Copper Company (HK:0358) proposed re-appointing Ernst & Young as its domestic and overseas auditors for the 2026 financial year. The board resolved this subject to shareholder approval at an upcoming extraordinary general meeting. Estimated consolidated audit fees for 2026 are around RMB16 million, up from RMB14.87 million in 2025. This decision underscores the company's commitment to formal governance and audit continuity.
Jiangxi Copper Company ( (HK:0358) ) just unveiled an update.
Jiangxi Copper Company Limited’s board has resolved to re-appoint Ernst & Young Hua Ming LLP as its domestic financial and internal control auditor and Ernst & Young as its overseas financial auditor for the 2026 financial year, in line with Chinese regulatory requirements and the company’s articles of association. The re-appointments, endorsed by the audit committee, remain subject to approval at an upcoming extraordinary general meeting, after which they will take effect.
The company disclosed that total audit fees for 2025 were RMB14.87 million and estimated consolidated audit fees for 2026 at around RMB16 million, reflecting assessments of business scale and audit workload. These fees were negotiated on fair market, arm’s-length terms, with final amounts to be determined upon shareholder consideration at the EGM, underscoring Jiangxi Copper’s emphasis on formal governance processes and continuity in its audit arrangements.
The most recent analyst rating on (HK:0358) stock is a Buy
with a HK$50.00 price target.
To see the full list of analyst forecasts on Jiangxi Copper Company stock,
see the HK:0358 Stock Forecast page.
More about Jiangxi Copper Company
Jiangxi Copper Company Limited is a leading Chinese state-owned enterprise in the non-ferrous metals sector, focused primarily on copper production and related products. The company is listed in Hong Kong, operates under PRC regulatory oversight, and maintains both domestic and overseas financial reporting to support its capital markets presence and stakeholder transparency.
Average Trading Volume: 15,025,998
Technical Sentiment Signal: Buy
Current Market Cap: HK$149.4B
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