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Harbin Electric Proposes Auditor Change to Enhance Governance

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Harbin Electric Proposes Auditor Change to Enhance Governance

An update from Harbin Electric Co. Ltd. Class H ( (HK:1133) ) is now available.

Harbin Electric Company Limited has announced a proposed change of auditor, transitioning from Dahua Certified Public Accountants LLP to ShineWing Certified Public Accountants LLP for the 2025 financial statements. This decision aligns with regulatory requirements for auditor rotation and aims to enhance corporate governance and audit independence. The board and audit committee have confirmed no disagreements with the outgoing auditor, and the change is subject to shareholder approval at the 2024 annual general meeting.

More about Harbin Electric Co. Ltd. Class H

Harbin Electric Company Limited is a joint stock company incorporated in the People’s Republic of China, operating in the electric industry. The company is focused on providing high-quality electric equipment and services, primarily targeting the H-share listed market.

YTD Price Performance: 57.43%

Average Trading Volume: 685

Technical Sentiment Signal: Strong Sell

Current Market Cap: €1.1B

For an in-depth examination of 1133 stock, go to TipRanks’ Stock Analysis page.

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