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Jinchuan Group International Resources Co. Ltd ( (HK:2362) ) has provided an announcement.
Jinchuan Group International Resources has issued a supplemental announcement detailing the circumstances around Deloitte’s decision not to seek reappointment as its auditor for the 2025 financial year and the subsequent selection of Crowe. Following Deloitte’s April 2025 notification, the company began approaching alternative audit firms and ultimately chose Crowe after its audit committee evaluated the firm’s proposal, independence, resources and industry experience, including its ability to support the company’s ongoing forensic investigation and meet regulatory reporting deadlines.
The board highlighted that Crowe had already begun non-audit preparatory work in mid-2025, holding a series of meetings with management to understand the group’s structure, operations in the DRC and South Africa, and the timetable for audit completion and resumption guidance. Crowe has outlined a three-phase audit plan starting with on-site due diligence and extensive pre-acceptance procedures, signaling the company’s effort to reinforce audit continuity, regulatory compliance and stakeholder confidence during a period of heightened scrutiny.
More about Jinchuan Group International Resources Co. Ltd
Jinchuan Group International Resources Co. Ltd is a Hong Kong-listed resources company engaged in the mining and production of metals, with operations including assets in the Democratic Republic of Congo and South Africa. The group focuses on supplying international markets with key mineral resources, supported by overseas subsidiaries and a cross-border operational structure.
Technical Sentiment Signal: Hold
Current Market Cap: HK$8.4B
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