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Haitong Unitrust International Financial Leasing Co., Ltd Class H ( (HK:1905) ) has issued an announcement.
Haitong Unitrust International Financial Leasing plans to replace Deloitte as its auditor for the 2026 financial year, proposing the appointment of KPMG Hong Kong and KPMG Huazhen to handle its overseas and domestic audits under IFRS and China Accounting Standards, respectively. The company aims to align its audit arrangements with indirect controlling shareholder Guotai Haitong Securities, leverage KPMG’s sector expertise, maintain audit fees at or below the prior year, and improve audit efficiency and investor protection, with the change pending approval at the upcoming annual shareholders’ meeting.
The board and audit committee emphasized that KPMG Firms are independent and competent under local regulatory guidelines and that Deloitte has raised no objections to the transition, with no disagreements over work arrangements, fees or opinions reported. By synchronizing auditors with its controlling shareholder and selecting a firm with strong leasing and financial institution credentials, Haitong Unitrust seeks to streamline its reporting processes and reinforce confidence among shareholders and other stakeholders in the quality of its financial disclosures.
The most recent analyst rating on (HK:1905) stock is a Buy with a HK$0.84 price target. To see the full list of analyst forecasts on Haitong Unitrust International Financial Leasing Co., Ltd Class H stock, see the HK:1905 Stock Forecast page.
More about Haitong Unitrust International Financial Leasing Co., Ltd Class H
Haitong Unitrust International Financial Leasing Co., Ltd. is a PRC-incorporated financial leasing company listed on the Main Board of the Hong Kong Stock Exchange. The firm focuses on leasing and related financial services, operating within the broader financial institutions sector and serving both domestic Chinese and cross-border clients.
Average Trading Volume: 1,962,373
Technical Sentiment Signal: Hold
Current Market Cap: HK$6.42B
See more data about 1905 stock on TipRanks’ Stock Analysis page.