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Apollo Future Mobility Group Proposes Auditor Change

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Apollo Future Mobility Group Proposes Auditor Change

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Apollo Future Mobility Group Limited ( (HK:0860) ) has issued an announcement.

Apollo Future Mobility Group Limited has announced a proposed change of auditor, with Ernst & Young set to retire following the upcoming annual general meeting due to a disagreement over audit fees. The company plans to appoint Forvis Mazars as the new auditor, aiming to enhance cost-effectiveness in its audit processes. This change comes after EY issued a qualified opinion on the company’s financial statements, highlighting a limitation of scope concerning research and development costs.

More about Apollo Future Mobility Group Limited

Apollo Future Mobility Group Limited operates in the mobility industry, focusing on developing advanced mobility solutions and technologies.

Average Trading Volume: 523,117

Technical Sentiment Signal: Hold

Current Market Cap: HK$889.5M

See more data about 0860 stock on TipRanks’ Stock Analysis page.

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