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Xi’an Kingfar Property Services Announces Auditor Change and Governance Overhaul

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Xi’an Kingfar Property Services Announces Auditor Change and Governance Overhaul

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An announcement from Xian Kingfar Property Services Co., Ltd. ( (HK:1354) ) is now available.

Xi’an Kingfar Property Services Co., Ltd. has announced a proposed change of auditors, with SHINEWING Certified Public Accountants and SHINEWING (HK) CPA Limited set to replace Xigema Certified Public Accountants and KPMG, subject to shareholder approval. Additionally, the company plans to abolish its Supervisory Committee in line with revised corporate governance laws in China, transferring its functions to the Audit Committee, and amending its Articles of Association accordingly. These changes are aimed at enhancing corporate governance and aligning with updated regulatory requirements.

The most recent analyst rating on (HK:1354) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on Xian Kingfar Property Services Co., Ltd. stock, see the HK:1354 Stock Forecast page.

More about Xian Kingfar Property Services Co., Ltd.

Xi’an Kingfar Property Services Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the property services industry. The company focuses on providing property management and related services, catering to both domestic and international markets.

Average Trading Volume: 58,263

Technical Sentiment Signal: Sell

Current Market Cap: HK$320M

See more insights into 1354 stock on TipRanks’ Stock Analysis page.

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