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BAIC Motor Proposes Change of Auditors to Ernst & Young

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BAIC Motor Proposes Change of Auditors to Ernst & Young

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An announcement from BAIC Motor ( (HK:1958) ) is now available.

BAIC Motor Corporation Limited has announced a proposed change of auditors, appointing Ernst & Young and Ernst & Young Hua Ming LLP as its new international and domestic auditors, respectively, for the year ending December 31, 2025. This decision, subject to shareholder approval at the upcoming annual general meeting, follows a review by the board and audit committee, which found the new auditors to meet necessary regulatory requirements. The change is not expected to have a material impact on the company and is considered beneficial for the shareholders.

More about BAIC Motor

BAIC Motor Corporation Limited is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the automotive industry. The company focuses on manufacturing and selling vehicles, and it operates both domestically and internationally.

YTD Price Performance: -20.0%

Average Trading Volume: 4,558

Technical Sentiment Signal: Buy

Current Market Cap: $1.87B

See more data about 1958 stock on TipRanks’ Stock Analysis page.

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