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China Boqi Environmental (Holding) Co., Ltd. ( (HK:2377) ) has issued an update.
China Boqi Environmental plans to replace Ernst & Young as its external auditor after the 29 May 2026 annual general meeting, following an inability to agree on the audit fee for the 2026 financial year. The board emphasizes that there were no other disagreements with Ernst & Young, and that the change should not affect the 2026 annual audit or the timing of results.
Following a tender process launched in November 2025, the audit committee has recommended Confucius International CPA Limited as the new auditor, citing its experience with Hong Kong-listed companies, independence, resources, and suitable fee level for the group’s scale. The proposed appointment, which the board believes will maintain audit quality and serves shareholders’ interests, is subject to shareholder approval at the upcoming AGM, with further details to be provided in a circular.
More about China Boqi Environmental (Holding) Co., Ltd.
China Boqi Environmental (Holding) Co., Ltd. is an environmental services company based in Beijing and listed in Hong Kong. The group focuses on environmental protection solutions and operates through various subsidiaries, positioning itself within the broader environmental and utilities sector serving the Chinese market.
Average Trading Volume: 87,375
Technical Sentiment Signal: Buy
Current Market Cap: HK$808.7M
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