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The latest announcement is out from CALB Co., Ltd. Class H ( (HK:3931) ).
CALB Group plans to replace RSM Hong Kong as auditor of its H shares for the 2026 financial year, aiming to better coordinate domestic and overseas audit work and strengthen overall corporate governance. The board, following the audit committee’s recommendation, has proposed appointing Rongcheng (Hong Kong) CPA Limited, an overseas branch of its domestic auditor RSM China, subject to shareholder approval at the next annual general meeting.
Rongcheng HK, which serves over 55 Hong Kong–listed companies and has core staff from Big Four firms, is deemed to have the necessary expertise in Hong Kong and IFRS standards and capital market rules. The company estimates 2026 audit fees at HK$3.8 million to HK$4.2 million, notes there is no disagreement with the outgoing auditor, and will seek shareholder authorization for the board and management to finalize the audit fee within the agreed range.
The most recent analyst rating on (HK:3931) stock is a Buy with a HK$36.00 price target. To see the full list of analyst forecasts on CALB Co., Ltd. Class H stock, see the HK:3931 Stock Forecast page.
More about CALB Co., Ltd. Class H
CALB Group Co., Ltd. is a PRC-incorporated company listed in Hong Kong, primarily engaged in the new energy and battery technology sector, supplying lithium battery products and related solutions. The group focuses on both domestic and overseas capital markets through its H share listing and maintains an emphasis on corporate governance and regulatory compliance in its financial reporting.
Average Trading Volume: 6,190,351
Technical Sentiment Signal: Buy
Current Market Cap: HK$56.71B
Learn more about 3931 stock on TipRanks’ Stock Analysis page.