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The latest announcement is out from Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ).
Chengdu Expressway Co., Ltd. announced a proposed change of auditor due to regulatory requirements limiting the tenure of accounting firms for state-owned enterprises. Ernst & Young Hua Ming LLP, having served for over eight years, will retire after the 2024 annual general meeting. The company has recommended Deloitte Touche Tohmatsu Certified Public Accountants LLP as the new auditor for 2025, following a tender process. This change is subject to shareholder approval at the 2024 annual general meeting.
More about Chengdu Expressway Co., Ltd. Class H
Chengdu Expressway Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the operation and management of expressways. The company is listed on the Hong Kong Stock Exchange and focuses on providing high-quality transportation infrastructure services.
YTD Price Performance: 0.42%
Average Trading Volume: 50,307
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.97B
For detailed information about 1785 stock, go to TipRanks’ Stock Analysis page.