Summary by Moomoo AI
HUNG SHENG CHANG RESOURCES GROUP LIMITED (“HONG SHENG CHANG RESOURCES”) ANNOUNCED ON 29 APRIL 2024 THAT DUE TO THE FAILURE TO REACH AGREEMENT ON THE 2024 AUDIT FEES, PIONEER ACCOUNTING FIRM LTD. HAS RESIGNED AS AUDITOR ON THE SAME DAY. THE COMPANY ACKNOWLEDGES THAT THERE IS NO DISAGREEMENT WITH PRIMO AND THAT IT HAS NOT COMMENCED AUDITING WORK ON THE COMPANY'S 2024 FINANCIAL STATEMENTS. The Board of Directors and the Audit Committee consider that the replacement of the auditor will not have a material impact on the annual audit and the publication of results. At the same time, Hung Shing Cheong Resources appointed Kaoling Accountants Limited as the new Auditor for a term of office until the end of the next Annual General Meeting. The Audit Committee makes recommendations based on factors such as Kaohling's professional experience, independence, market reputation and resource capacity. The Board of Directors expressed its gratitude for the past service of Pionetime and welcomed Kaohling's appointment.