China Wacan (01920): Guo Wei appointed as the new auditor.
China Network Corporation (01920) announced that Guocheng Certified Public Accountants Co., Ltd. has resigned as the auditor of the company, effective from December 11, 2025. In the resignation letter dated December 11, 2025, Guocheng stated that they were unable to reach a consensus with the company on the proposed audit fees for the year ending December 31, 2025, leading to their decision to resign as the company's auditor.
CHINA WACAN (01920) announced that Guo Cheng Certified Public Accountants LLP (Guo Cheng) has resigned as the company's auditor, effective from December 11, 2025. In Guo Cheng's resignation letter dated December 11, 2025, it was stated that Guo Cheng decided to resign as the company's auditor because they were unable to reach an agreement with the company on the proposed audit fees for the year ending December 31, 2025.
The Board of Directors further announced that, upon recommendation of the Audit Committee, Guo Wei Certified Public Accountants LLP (Guo Wei) has been appointed as the company's new auditor to fill the temporary vacancy caused by the resignation, effective from December 11, 2025, and serving until the end of the next shareholder's annual meeting of the company.
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