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Xinhua News Media Holdings Announces Change of Auditors

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Xinhua News Media Holdings Announces Change of Auditors

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Xinhua News Media Holdings Limited ( (HK:0309) ) has provided an update.

Xinhua News Media Holdings Limited announced a change in its auditing firm, with CCTH CPA Limited resigning due to a disagreement over audit fees for the financial year ending March 31, 2025. The company has appointed Prism Hong Kong Limited as the new auditor, citing its independence, competence, and capability to enhance the efficiency of corporate financial management and audit works. The change is expected to have no material impact on the company’s operations or annual results.

More about Xinhua News Media Holdings Limited

Xinhua News Media Holdings Limited is a company incorporated in the Cayman Islands, focusing on media-related services and operations. It is listed on the Hong Kong Stock Exchange under the stock code 309.

YTD Price Performance: -2.70%

Average Trading Volume: 3,379,905

Technical Sentiment Signal: Buy

Current Market Cap: HK$69.52M

For an in-depth examination of 0309 stock, go to TipRanks’ Stock Analysis page.

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