Summary by Futu AI
uspace tech group limited ("uspace tech") announced on November 1, 2024, proposed to appoint tien cheng hong kong certified public accountants limited ("tien cheng") as the new auditor to replace kpmg. Kpmg will no longer serve as the auditor of uspace tech from June 25, 2024. When recommending tien cheng, the board of directors and its audit committee of uspace tech have comprehensively considered various factors, including tien cheng's market reputation, independence, objectivity, and audit recommendations for uspace tech. Tien cheng's term will continue until the end of the next annual general meeting of shareholders. An extraordinary general meeting will be held at a later date to approve this appointment. The board of directors believes that appointing tien cheng will be in the overall interest of the company and shareholders.