Leader Education Switches Auditor to Jon Gepsom for Cost-Efficient, High-Quality Audit

Leader Education Limited ( (HK:1449) ) has provided an update.

Leader Education Limited has issued a supplemental announcement detailing the circumstances and rationale behind its recent change of auditors, following the retirement of BDO Limited at the 24 February 2026 annual general meeting after a failure to agree on audit fees for the year ending 31 August 2026. After a competitive tender process, the board and audit committee selected Jon Gepsom CPA Limited, citing a more favorable fee range, efficiency from using PRC-based personnel and off-peak timing, and an audit approach that leverages digital tools without reducing scope or quality.

The audit committee stated it had assessed Jon Gepsom’s independence, competence and capability in line with regulatory guidance, noting no conflicts of interest, relevant industry experience, adequate manpower and resources, and adherence to professional ethics standards. The company emphasized that the new appointment aligns with its cost-control objectives while maintaining high-quality audits, signaling a focus on operational efficiency in its financial reporting and regulatory compliance framework.

The most recent analyst rating on (HK:1449) stock is a Hold with a HK$0.27 price target. To see the full list of analyst forecasts on Leader Education Limited stock, see the HK:1449 Stock Forecast page.

More about Leader Education Limited

Leader Education Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating through subsidiaries primarily in Mainland China. The group engages in education-related activities and maintains its financial reporting in accordance with Hong Kong listing standards, relying on external auditors with experience in listed-company audits.

Average Trading Volume: 67,540

Technical Sentiment Signal: Hold

Current Market Cap: HK$180M

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