Qingda Oriental Issues Supplemental AGM Circular; Proposes Re-appointing ZSZH Fuson as Auditor with FY-2026 Fee Set at RMB1.30–1.50 Million

Bulletin Express
Jun 02

Qingda Oriental Group Co., Ltd. has released a supplemental announcement to its 15 May 2026 AGM Circular, providing additional details on Ordinary Resolution 2 concerning external audit arrangements.

The Board confirms that incumbent auditor ZSZH Fuson (HK) CPA Limited will retire at the upcoming annual general meeting and is standing for re-appointment. The proposed mandate would extend the firm’s tenure until the conclusion of the next AGM.

Key financial term: • Estimated audit fee for the financial year ending 31 December 2026: RMB1.30 million–RMB1.50 million (exclusive of out-of-pocket expenses and any non-audit service fees).

The fee range was negotiated at arm’s length, reflecting the anticipated audit scope, timetable, and the complexity and volume of the Group’s transactions. Both the Board and the Audit Committee regard the proposed remuneration as fair and reasonable.

No other sections of the original AGM Circular or proxy materials are affected by this supplemental disclosure, and previously dispatched documents remain valid for voting at the AGM.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10