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Bonny International Holding Ltd. ( (HK:1906) ) has shared an announcement.
Bonny International Holding Ltd. has issued a supplemental announcement to its AGM circular detailing arrangements for its external audit. The board, following the audit committee’s recommendation, plans to seek shareholder approval to reappoint Ernst & Young as auditor from the close of the upcoming AGM until the next annual meeting.
The company expects to pay Ernst & Young an audit fee of about RMB1.6 million to RMB1.8 million for the 2026 financial year, excluding out-of-pocket expenses, based on market rates, historical fees and the anticipated audit scope. The board argues that Ernst & Young’s familiarity with the group should enhance audit efficiency and views the agreed fee as fair and in shareholders’ best interests, with any material changes to the assumptions to be separately disclosed.
More about Bonny International Holding Ltd.
Bonny International Holding Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates through a group structure with various subsidiaries. Its governance framework includes executive, non-executive and independent non-executive directors, reflecting a typical Hong Kong–listed corporate setup focused on audited consolidated financial reporting.
Average Trading Volume: 3,333,125
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$750.3M
Learn more about 1906 stock on TipRanks’ Stock Analysis page.