China Railway Group (HK:0390) has released an update.
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China Railway Group Limited has announced a proposal to appoint Deloitte Touche Tohmatsu Certified Public Accountants LLP and Deloitte Touche Tohmatsu as its new domestic and international auditors for 2024, replacing PricewaterhouseCoopers. The change, which includes appointing Deloitte as internal control auditors with a total auditing fee of RMB 25 million, is pending shareholder approval at the 2023 annual general meeting. PricewaterhouseCoopers has stated there are no issues requiring shareholder attention concerning their replacement.
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