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Qilu Expressway Announces Auditor Rotation for Enhanced Governance

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Qilu Expressway Announces Auditor Rotation for Enhanced Governance

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Qilu Expressway Co., Ltd. Class H ( (HK:1576) ) has shared an announcement.

Qilu Expressway Co., Ltd. has announced a proposed change in its auditing firms, with Ernst & Young set to retire as both domestic and international auditors following the 2024 AGM. The decision to rotate auditors is part of the company’s commitment to good corporate governance and ensuring audit independence. ShineWing Certified Public Accountants has been selected as the new auditor for 2025 after a competitive tender process, which evaluated factors such as qualifications, reputation, and industry experience. This change is expected to enhance the impartiality and quality of the company’s audit services.

More about Qilu Expressway Co., Ltd. Class H

Qilu Expressway Co., Ltd. Class H operates in the transportation infrastructure industry, primarily focusing on the management and operation of expressways in China. The company is involved in providing toll road services and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: 4.35%

Average Trading Volume: 87,806

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$4.8B

For detailed information about 1576 stock, go to TipRanks’ Stock Analysis page.

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