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The latest update is out from Shenzhen Woer Heat-Shrinkable Material Co., Ltd. Class H ( (HK:9981) ).
Shenzhen Woer Heat-Shrinkable Material Co., Ltd. plans to appoint Moore CPA Limited as its overseas auditor for the 2025 financial year, following its recent listing on the Main Board of the Hong Kong Stock Exchange. The move is driven by regulatory requirements to audit financial statements under International Financial Reporting Standards and aims to maintain continuity, as Moore already served as reporting auditor for the company’s H-share issuance.
The appointment remains subject to shareholder approval, with management to be authorized to set audit fees based on the scope and workload of the 2025 overseas audit. Moore, a Hong Kong-based firm with extensive listed-company audit experience across multiple industries and registrations in Hong Kong, mainland China and with the US PCAOB, has a clean recent practice record and professional indemnity insurance, supporting investor confidence in the robustness of Woer’s external audit oversight.
More about Shenzhen Woer Heat-Shrinkable Material Co., Ltd. Class H
Shenzhen Woer Heat-Shrinkable Material Co., Ltd. is a PRC-incorporated joint stock company listed on the Main Board of the Hong Kong Stock Exchange. The company focuses on heat-shrinkable materials and related products, serving industrial and power-related applications, and has recently issued H shares to expand its access to international capital markets.
Average Trading Volume: 9,306,611
Current Market Cap: HK$8.16B
See more insights into 9981 stock on TipRanks’ Stock Analysis page.