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Transcenta Proposes Replacing EY With HLB as Auditor
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Transcenta Proposes Replacing EY With HLB as Auditor
  • Transcenta seeks shareholder approval at an extraordinary general meeting to replace Ernst & Young with HLB Hodgson Impey Cheng.
  • HLB's proposed fee for the 2026 audit is RMB 1.66 million, versus EY's RMB 2.7 million.
  • The proposal follows unsuccessful fee negotiations with EY as the CDMO asset disposal reduced operations and expected audit workload.
  • The board and audit committee recommend voting in favor of the auditor change.


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. Transcenta Holding Limited 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-20261108-12404837), on November 08, 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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