China Regenerative Medicine (08158) issued an announcement. On January 25, 2024, Changying (Hong Kong) Certified Public Accountants Limited (Changying) submitted a letter of resignation to the board of directors to resign as the company's auditor, with immediate effect. On January 25, 2024, the board of directors delivered a notice to Changying, stating that after considering the company's cost-benefit factors and the company's failure to reach an agreement with Changying on the audit costs of the Group's comprehensive financial statements (annual review) for the year ended December 31, 2023, the board of directors resolved to recommend that Chang Ying resign as the company's auditor in order to hire another auditor to complete the annual review.
Following the recommendation of the Audit Committee, it has been decided to appoint Zhongzheng Tianheng Certified Public Accountants Co., Ltd. (Zhongzheng Tianheng) as the company's new auditor from January 25, 2024 to fill the temporary vacancy after Chang Ying's resignation, for a term until the end of the next annual general meeting of shareholders of the company.