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Lianlian DigiTech Moves to Replace PwC With Deloitte as Auditor in Governance-Driven Rotation

Story Highlights
  • Lianlian DigiTech will end PwC’s mandate after the 2026 AGM to support periodic auditor rotation and stronger governance.
  • The company plans to appoint Deloitte as 2026 auditor, citing independence, experience, and appropriate fees pending shareholder approval.
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Lianlian DigiTech Moves to Replace PwC With Deloitte as Auditor in Governance-Driven Rotation

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The latest update is out from Lianlian DigiTech Co., Ltd. Class H ( (HK:2598) ).

Lianlian DigiTech Co., Ltd. announced that PricewaterhouseCoopers will retire as its auditor after the annual general meeting on June 5, 2026, ending a mandate that began in 2017. The board and audit committee said the move reflects a policy of periodic auditor rotation to strengthen corporate governance, and they intend to reassess the need for a change every three to five years.

The company will propose appointing Deloitte Touche Tohmatsu as its new auditor for 2026, with estimated fees of RMB3 million to RMB4 million based on the group’s size, business complexity, and audit scope. The audit committee cited Deloitte’s experience with Hong Kong-listed firms, independence, resources, and quality controls, confirmed there is no disagreement with PwC, and will put the appointment to shareholders for approval at the upcoming AGM.

More about Lianlian DigiTech Co., Ltd. Class H

Lianlian DigiTech Co., Ltd. is a PRC-incorporated company listed in Hong Kong, operating through a group structure and positioned in the digital technology and fintech space. The Group focuses on providing technology-driven services and solutions, and adheres to Hong Kong’s corporate governance and listing standards to support its capital markets presence.

Average Trading Volume: 2,071,865

Technical Sentiment Signal: Sell

Current Market Cap: HK$6.79B

Learn more about 2598 stock on TipRanks’ Stock Analysis page.

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