Summary by Moomoo AI
Taibao of China convened its Board of Directors on 28 March 2024 to consider the motion to appoint a financial reporting and internal control audit body for the financial reporting and internal control audit body for the year 2024. The decision is still subject to submission to the General Meeting. EY has extensive audit experience and good investor protection capabilities and has been free from any civil litigation related to its practice for nearly three years. The estimated audit fee for 2024 is RMB 2,770.80 million, an increase of no more than 20% from the previous period. THE PARTNERS AND REGISTERED ACCOUNTANTS WHO HAVE BEEN APPOINTED THIS TIME HAVE EXCELLENT PROFESSIONAL COMPETENCE AND INDEPENDENCE. The independent directors have given their prior consent to the appointment and submitted the motion for consideration by the General Meeting.