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Zhuguang Holdings Announces Auditor Resignation Amid Fee Dispute

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Zhuguang Holdings Announces Auditor Resignation Amid Fee Dispute

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The latest announcement is out from Zhuguang Holdings Group Co., Ltd. ( (HK:1176) ).

Zhuguang Holdings Group Company Limited announced the resignation of Ernst & Young as their auditor, effective December 15, 2025, due to a disagreement over audit fees for the year ending December 31, 2025. Ernst & Young had previously been unable to express an opinion on the company’s 2024 financial statements due to uncertainties regarding the company’s ability to continue as a going concern and issues related to the valuation of an associate investment. The company is currently seeking a new auditor and will announce the appointment in due course.

The most recent analyst rating on (HK:1176) stock is a Sell with a HK$0.06 price target. To see the full list of analyst forecasts on Zhuguang Holdings Group Co., Ltd. stock, see the HK:1176 Stock Forecast page.

More about Zhuguang Holdings Group Co., Ltd.

Average Trading Volume: 1,304,366

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$477.9M

For a thorough assessment of 1176 stock, go to TipRanks’ Stock Analysis page.

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