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Precious Dragon Technology details proposed switch to RSM, citing EY fee quote of RMB 1.66 million
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Precious Dragon Technology details proposed switch to RSM, citing EY fee quote of RMB 1.66 million
  • Precious Dragon issued a supplemental clarification on its proposed auditor change, citing EY’s 2026 audit fee quote of RMB 1.66 million.
  • RSM Hong Kong’s proposed 2026 annual audit fee was RMB 780,000; total package RMB 1.2 million versus EY’s RMB 1.96 million.
  • Audit committee said EY’s package implied a 32.4% increase from 2025 fees of RMB 1.48 million despite a sharp contraction in e-commerce activity.
  • Benchmarking against three other international networks indicated a market equilibrium package of RMB 1.2 million; statutory audit range RMB 780,000-RMB 850,000.
  • RSM budgeted 2,900 core hours plus 520 specialist hours versus EY’s 4,500 hours; interim review fee higher at RMB 420,000 to front-load first-year procedures.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Precious Dragon Technology Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260714-12244294), on July 14, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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