Summary by Moomoo AI
Chi Kingstone Mining Holdings Limited announced the replacement of auditors. KPMG resigned due to internal resource considerations, effective from November 27, 2024. KPMG confirmed that its resignation does not require the attention of shareholders and that it has not commenced audit work for the 2024 fiscal year, which is expected to not affect the group's financial statements as of December 31, 2024.
Upon the recommendation of the audit committee, the board of directors decided to appoint Daxin International Certified Public Accountants as the new auditors, effective from November 27, 2024, until the next annual general meeting of shareholders. The audit committee considered Daxin's audit proposals, experience, independence, and resource capability, deeming them suitable for this position.
The board of directors thanked KPMG for its past professional services and welcomed Daxin's involvement. This move is considered to be in the overall interests of the company and shareholders, and it can maintain the quality of the audit.