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iMotion Automotive Shifts Auditor and Plans Debt Issuance

iMotion Automotive Technology (Suzhou) Co., Ltd. Class H (HK:1274) has released an update.

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iMotion Automotive Technology (Suzhou) Co., Ltd. has announced a shift in its auditing services, replacing PricewaterhouseCoopers with KPMG, following PwC’s resignation. Additionally, the company seeks shareholder approval to authorize the Board to issue various debt financing instruments up to $200 million, providing flexibility for future capital needs.

For further insights into HK:1274 stock, check out TipRanks’ Stock Analysis page.

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