Summary by Futu AI
Rende Resources Holdings Limited (“Rende Resources”) announced on 10 April 2024 that the latter had resigned as Auditor of the Company due to the failure to reach an agreement on audit fees for the financial year 2024 with the Accounting Firm of China (Hong Kong) Limited (the “CCC”). The Board of Directors confirms that the PRC had not commenced its audit work on the Company's FY2024 consolidated financial statements prior to his resignation and that there was no disagreement or resolution of the two parties. After evaluation by the Audit Committee, Kaoling Accountants Limited (“Kaoling”) was appointed as the new auditor with effect from the same date until the close of the next Annual General Meeting. The Board considers that this change will enhance the cost effectiveness of the annual audit and be in the overall interests of the Company and its shareholders. The Company is grateful for the professional service provided by the PRC and welcomes Kaohling as its new Auditor.