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Zhenro Properties Announces Auditor Change to Enhance Cost-Effectiveness

Story Highlights
  • Zhenro Properties is changing auditors due to a fee disagreement with Ernst & Young.
  • The company plans to appoint Zhonghui to maintain audit quality and cost-effectiveness.
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Zhenro Properties Announces Auditor Change to Enhance Cost-Effectiveness

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Zhenro Properties Group Limited ( (HK:6158) ) has shared an announcement.

Zhenro Properties Group Limited has announced a change in its auditors, with Ernst & Young resigning due to a disagreement over audit fees for the year ending December 2025. The company plans to appoint ZHONGHUI ANDA CPA Limited as the new auditors, citing their competitive proposals and capabilities as beneficial for cost-effectiveness and future business development. This change is expected to maintain audit quality and support the company’s operations without impacting the release of annual results.

More about Zhenro Properties Group Limited

Zhenro Properties Group Limited is a company incorporated in the Cayman Islands, operating in the real estate industry. The company, along with its subsidiaries, is involved in property development and management, focusing on residential and commercial properties primarily in the Chinese market.

YTD Price Performance: -28.36%

Average Trading Volume: 2,002,639

Technical Sentiment Signal: Sell

Current Market Cap: HK$209.7M

See more data about 6158 stock on TipRanks’ Stock Analysis page.

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