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Guangdong Yueyun Transportation Plans Auditor Switch to KPMG Huazhen

Story Highlights
  • Guangdong Yueyun will let BDO retire as auditor after the 2025 AGM without any disputes reported.
  • The company will seek shareholder approval to appoint KPMG Huazhen as new auditor for 2026 after a tender process.
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Guangdong Yueyun Transportation Plans Auditor Switch to KPMG Huazhen

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The latest update is out from Guangdong Yueyun Transportation Co., Ltd. Class H ( (HK:3399) ).

Guangdong Yueyun Transportation Company Limited will see its current auditor, BDO China Shu Lun Pan Certified Public Accountants, retire after serving five consecutive financial years, with the term ending at the 2025 annual general meeting in June 2026. The board and audit committee said there were no disagreements with BDO and do not expect the retirement to materially affect the 2026 annual audit or the timing of the company’s results.

Following a public tender involving several qualified firms, the board plans to seek shareholder approval at the upcoming AGM to appoint KPMG Huazhen LLP as the new auditor for the financial year ending 31 December 2026. The audit committee cited KPMG Huazhen’s proposal, market reputation, listed-company experience, independence, fee structure, and alignment with regulatory guidelines as reasons it believes the firm is well suited to meet the group’s audit and compliance needs.

More about Guangdong Yueyun Transportation Co., Ltd. Class H

Guangdong Yueyun Transportation Company Limited is a PRC-incorporated joint stock company listed in Hong Kong, operating in the transportation sector through a group structure. The company focuses on providing transport-related services and adheres to corporate governance standards applicable to issuers on the Hong Kong Stock Exchange.

Average Trading Volume: 229,087

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.16B

Learn more about 3399 stock on TipRanks’ Stock Analysis page.

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