Powerlong Real Estate Holdings Ltd. (HK:1238) has released an update.
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Powerlong Real Estate Holdings Limited announced the resignation of its auditor Elite Partners CPA Limited due to internal resource constraints and a ban by China’s Ministry of Finance prohibiting the firm from auditing mainland enterprises listed abroad. The company is currently seeking a new auditor and assures shareholders that the change will not affect the upcoming financial year’s audit and results. Powerlong expressed gratitude towards Elite Partners for their past services.
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