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Hengxin Technology Moves to Replace Resigned Singapore Auditor

Story Highlights
  • Nexia Singapore PAC resigned as Hengxin Technology’s Singapore auditor after a dispute over 2025 audit fees.
  • The board plans to appoint RSM SG Assurance LLP as new Singapore auditor, pending shareholder approval at an EGM.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hengxin Technology Moves to Replace Resigned Singapore Auditor

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The latest update is out from Hengxin Technology Ltd. ( (HK:1085) ).

Hengxin Technology Ltd., a Singapore-incorporated company listed in Hong Kong, has announced a change in its Singapore auditor following the resignation of Nexia Singapore PAC, which had been re-appointed in 2024 to serve until the conclusion of the 2025 annual general meeting. Nexia Singapore PAC resigned with effect from 20 January 2026 after the parties failed to reach agreement on the audit fee for the financial year ended 31 December 2025, with the board and audit committee stating there were no other disagreements or matters requiring shareholders’ attention.

To fill the vacancy, the board, on the recommendation of its audit committee, intends to appoint RSM SG Assurance LLP as the new Singapore auditor, having assessed the firm’s qualifications, competence, independence and integrity and found them satisfactory. The proposed appointment is subject to shareholder approval at an extraordinary general meeting to be convened, and the company plans to issue a circular with further details and the meeting notice in due course, signalling an orderly transition aimed at maintaining continuity and regulatory compliance in its audit oversight.

The most recent analyst rating on (HK:1085) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Hengxin Technology Ltd. stock, see the HK:1085 Stock Forecast page.

More about Hengxin Technology Ltd.

Average Trading Volume: 236,571

Technical Sentiment Signal: Buy

Current Market Cap: HK$810.1M

See more data about 1085 stock on TipRanks’ Stock Analysis page.

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