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CR Construction Group Holdings Limited ( (HK:1582) ) has shared an announcement.
CR Construction Group Holdings Limited has announced a change in its auditor due to regulatory restrictions on the duration of audit services provided to state-owned enterprises. Ernst & Young will resign, and KPMG will take over as the new auditor effective 18 November 2025. The transition is expected to have no significant impact on the company’s financial reporting for the year ending 31 December 2025. The decision to appoint KPMG was based on their industry expertise, technical competence, and familiarity with Hong Kong’s financial regulations, which is seen as beneficial for the company and its stakeholders.
The most recent analyst rating on (HK:1582) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on CR Construction Group Holdings Limited stock, see the HK:1582 Stock Forecast page.
More about CR Construction Group Holdings Limited
CR Construction Group Holdings Limited operates in the construction industry, providing a range of construction services. It is a subsidiary of Zhejiang State-owned Capital Operation Company Limited, a state-owned enterprise, indicating its significant role in state-related construction projects.
Average Trading Volume: 497,050
Technical Sentiment Signal: Sell
Current Market Cap: HK$182.5M
For detailed information about 1582 stock, go to TipRanks’ Stock Analysis page.