imotionautotech (01274) announced that, due to recent market information about PricewaterhouseCoopers, they...
According to the announcement from China Finance App, imotionautotech (01274) announced that, based on recent market information about PricewaterhouseCoopers and considering the company's current business situation and the need for future audit services, after the company communicated with PricewaterhouseCoopers regarding the recommendation to change the company's auditor based on prudent principles, PricewaterhouseCoopers has resigned as the company's auditor, effective from November 5, 2024.
In accordance with the company's articles of association and the recommendation of the Audit Committee, the board of directors has resolved to appoint KPMG as the company's auditor. However, this appointment is subject to approval by the shareholders at an extraordinary general meeting by way of an ordinary resolution. KPMG's term of office will take effect from the conclusion of the extraordinary general meeting until the end of the company's next annual general meeting.