HENGDA GROUP HOLDINGS (03616.HK) ANNOUNCED THAT ROWING HAM WING ROAD ACCOUNTING FIRM HAS RESIGNED AS ITS AUDITOR WITH EFFECT FROM 9 AUGUST.
In his letter of resignation, Robinson raised five issues that require shareholder attention: real estate development loans and prepayments to suppliers; the withdrawal and actual use of regulated pre-sale proceeds and bank balances; loan collateral; certain prepayments from suppliers; items in the 2023 financial statements Evaluation of the operating assumption.
AS ROBINGHAM COULD NOT ESTIMATE THE TIME REQUIRED TO COMPLETE THE AUDIT WORK, IT WAS NOT POSSIBLE TO AGREE WITH THE COMPANY ON THE TIMING OF THE AUDIT WORK, AND THE BOARD OF DIRECTORS CONSIDERED IT IMPORTANT FOR THE COMPANY TO COMPLETE THE AUDIT WORK AS SOON AS POSSIBLE. IT WAS RECOMMENDED THAT RODHAM CONSIDER RESIGNING FROM THE COMPANY AS SOON AS POSSIBLE. Mathematicians so that the company can appoint another external auditor to complete the audit work as soon as practicable.
