Shenwan Hongyuan (H.K.) Proposes Deloitte as New Auditor

Shenwan Hongyuan (H.K.) Limited (HK:0218) has released an update.

Shenwan Hongyuan (H.K.) Limited has announced the resignation of KPMG as its auditor after eight consecutive financial periods, as part of a corporate governance strategy for auditor rotation. Deloitte Touche Tohmatsu has been proposed as the new auditor, pending approval by shareholders, with the Board confident in Deloitte’s qualifications and the continuity of audit quality. This change is anticipated to have no significant impact on the company’s annual audit.

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