On February 2, GLONGHUI | Sibo Systems (08319.HK) announced that due to the failure of the company and Lixin Dehao to reach an agreement on audit fees for the financial year ending March 31, 2024, Lixin Dehao has resigned as the company's auditor with effect from February 2, 2024.

The board of directors further announced that according to the recommendation of the Audit Committee, the board of directors has appointed PricewaterhouseCoopers as the company's new auditor with effect from February 2, 2024 to fill the temporary vacancy after the resignation of Rishun Dehao. His term of office is until the end of the next annual general meeting of shareholders of the company.