According to the news on the Zhitong Finance APP, Tai United Hold (00718) has announced that the Board of Directors of the company received a letter from KPMG dated August 6, 2024, stating that after considering various factors (including its available internal resources), they do not intend to seek reappointment as the company's auditor at the upcoming annual general meeting of shareholders.

Following the recommendation of the Audit Committee, the Board of Directors has decided to appoint Pengsheng Certified Public Accountants as the company's auditor after KPMG retires, effective from the end of the upcoming annual general meeting of shareholders until the end of the next annual general meeting of shareholders. However, this appointment is subject to approval by the shareholders at the annual general meeting.