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Air China Proposes Auditor Change to KPMG for 2025

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The latest announcement is out from Air China ( (HK:0753) ).

Air China Limited has announced a proposed change of auditors, moving from Deloitte to KPMG Huazhen LLP for domestic auditing and KPMG for international auditing for the year 2025. This decision, recommended by the Audit and Risk Management Committee, follows a procurement process and is subject to shareholder approval at the 2024 annual general meeting. The change aims to maintain audit fees at a similar level to the previous year, and both Air China and Deloitte have confirmed there are no outstanding issues or disagreements related to this transition.

More about Air China

Air China Limited is a major airline company based in the People’s Republic of China. It operates as a joint stock limited company and is listed on the Stock Exchange of Hong Kong. The company provides both domestic and international flight services and is a key player in the aviation industry.

YTD Price Performance: 0.00%

Average Trading Volume: 4,000

Technical Sentiment Signal: Sell

Current Market Cap: £13.01B

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