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XXF Group Proposes Replacing PwC With HLB as Auditor to Cut Costs

PUBT·10/30/2026 11:39:17
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XXF Group Proposes Replacing PwC With HLB as Auditor to Cut Costs
  • XXF Group Holdings proposed replacing PwC with HLB Hodgson Impey Cheng on October 30, 2026, subject to shareholder approval.
  • HLB quoted RMB 1.6 million for the 2026 audit, versus PwC's RMB 2.78 million, a 42.4% reduction.
  • The proposed switch reflects cost-control objectives; PwC's fee exceeded the company's budget following an expanded audit scope.
  • The board reported no disagreements with PwC or concerns over its integrity, competence or audit quality.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XXF Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261030-12391123), on October 30, 2026, and is solely responsible for the information contained therein.