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Chengdu SIWI Faces Delay in Auditor Appointment Due to Procedural Changes

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Chengdu SIWI Faces Delay in Auditor Appointment Due to Procedural Changes

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Chengdu Putian Telecommunications Cable Co., Ltd. Class H ( (HK:1202) ) has issued an announcement.

Chengdu SIWI Science and Technology Company Limited announced a delay in appointing new auditors due to procedural requirements set by China Electronics Technology Group Corporation. The current auditors, Da Hua, are not eligible for re-selection as the pool of qualified auditors is being renewed. The company has no disagreements with Da Hua and will select new auditors once the renewed pool is established.

More about Chengdu Putian Telecommunications Cable Co., Ltd. Class H

Chengdu SIWI Science and Technology Company Limited is a sino-foreign joint stock company incorporated in the People’s Republic of China. It operates under the indirect control of China Electronics Technology Group Corporation, which is wholly owned by the State-owned Assets Supervision and Administration Commission of the State Council of the PRC. The company is involved in the telecommunications industry.

Average Trading Volume: 271,018

Technical Sentiment Signal: Hold

Current Market Cap: HK$308M

For a thorough assessment of 1202 stock, go to TipRanks’ Stock Analysis page.

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