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Great Wall Motor Proposes Re-Appointment of Deloitte as Auditor

Story Highlights
  • Great Wall Motor plans to reappoint Deloitte CPA as its external auditor, maintaining continuity in financial oversight.
  • Deloitte CPA, with strong regulatory credentials and sector experience, will assign senior partners to lead Great Wall Motor’s audit engagement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Great Wall Motor Proposes Re-Appointment of Deloitte as Auditor

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The latest announcement is out from Great Wall Motor Co ( (HK:2333) ).

Great Wall Motor has proposed the re-appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as its auditor, underscoring continuity in its external oversight of financial reporting. Deloitte CPA, a Shanghai-based special general partnership, holds licenses from the Ministry of Finance and the CSRC to provide audit services to H-share listed companies and has extensive experience in securities and futures-related business.

The firm reported audited 2024 revenue of RMB3.893 billion, with a substantial portion from audit and securities services, and serves 61 listed companies, including 24 in the same industry as Great Wall Motor. The engagement will be led by partner Liu Yu, with quality review by Zheng Qun, both experienced CICPA-certified public accountants, and Deloitte’s compliance record and professional indemnity coverage are presented as supporting its suitability to safeguard investor interests despite a limited number of past regulatory measures.

The most recent analyst rating on (HK:2333) stock is a Hold with a HK$14.00 price target. To see the full list of analyst forecasts on Great Wall Motor Co stock, see the HK:2333 Stock Forecast page.

More about Great Wall Motor Co

Great Wall Motor Company Limited is a Chinese automaker listed in Hong Kong, focusing on the manufacturing and sale of vehicles and related automotive products. The group operates in a competitive global auto industry and relies on established professional service firms to meet regulatory and disclosure standards for its H-share listings.

Average Trading Volume: 15,736,952

Technical Sentiment Signal: Buy

Current Market Cap: HK$174.8B

For a thorough assessment of 2333 stock, go to TipRanks’ Stock Analysis page.

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