Perennial Energy Says Lower Proposed Audit Fee Does Not Compromise Audit Quality
PUBT · 2d ago
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- Perennial Energy clarified on Nov. 6, 2026, that its proposed auditor change reflects pricing differences rather than reduced audit quality.
- Zhonghui Anda proposed a HK$ 1.4 million audit fee for FY2026, excluding tax, with no PRC VAT payable.
- Deloitte Touche Tohmatsu's revised audit fee remained approximately 22% higher than Zhonghui Anda's proposal.
- Deloitte resigned on Oct. 27, 2026, over audit fees; Zhonghui Anda's appointment remains subject to shareholder approval.
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. Perennial Energy 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-20261106-12404255), on November 06, 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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