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Beijing Urban Construction Design & Development Group Adopts China Accounting Standards and Changes Auditor

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Beijing Urban Construction Design & Development Grp Co., Ltd Class H ( (HK:1599) ) has shared an announcement.

Beijing Urban Construction Design & Development Group Co., Limited has announced its decision to prepare financial accounting reports in accordance with China Accounting Standards for Business Enterprises starting from the annual report for the year ending 31 December 2025. This change aims to improve efficiency and aligns with the company’s operations primarily based in mainland China. Additionally, the company plans to change its auditor from Da Hua Moore International CPA Limited to Da Hua Certified Public Accountants, reflecting the shift to mainland accounting standards. This transition is expected to have no material impact on the company’s financial position or operations.

More about Beijing Urban Construction Design & Development Grp Co., Ltd Class H

Beijing Urban Construction Design & Development Group Co., Limited is a joint stock company incorporated in the People’s Republic of China. It operates primarily in the construction and design industry, focusing on urban development projects within mainland China.

Average Trading Volume: 606,130

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.83B

See more insights into 1599 stock on TipRanks’ Stock Analysis page.

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