Z Fin to Replace PwC With Deloitte as Auditor to Boost Audit Alignment and Efficiency

The latest update is out from Sinolink Worldwide Holdings ( (HK:1168) ).

Z Fin Limited has announced that PricewaterhouseCoopers will retire as its auditor at the conclusion of the annual general meeting on 8 June 2026 and will not seek reappointment, with the board stating there are no disagreements or unresolved matters with the outgoing firm. The company expects no significant impact on its 2026 audit timetable and has expressed gratitude to PwC for its past service.

Following a recommendation from its audit committee, Z Fin plans to appoint Deloitte Touche Tohmatsu as its new auditor, subject to shareholder approval at the upcoming AGM, with Deloitte to serve until the next annual meeting. The board cites the desire to align audits with a key equity-accounted investment already audited by Deloitte, leverage Deloitte’s prior experience with the group, and improve audit efficiency and communication, while emphasizing that the change is driven by synergy and quality rather than cost considerations.

The audit committee reviewed Deloitte’s proposal, experience with Hong Kong-listed companies, independence, market reputation and resources, and concluded that Deloitte meets regulatory requirements and is suitable to act as auditor. The estimated audit fee for 2026 is HK$2.3 million, deemed commensurate with the scope and complexity of the work, and the company will circulate a detailed AGM notice and circular on the proposed change of auditor to shareholders in due course.

More about Sinolink Worldwide Holdings

Z Fin Limited is a Hong Kong-listed company incorporated in Bermuda, with operations involving at least one major equity-accounted investment audited by Deloitte. The group’s business is of sufficient scale and complexity to require a leading international auditor and to justify a multi-million Hong Kong dollar annual audit engagement.

Average Trading Volume: 205,450

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.66B

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