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Zhejiang Expressway Co. Proposes Auditor Change Amid Asset Restructuring

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Zhejiang Expressway Co. Proposes Auditor Change Amid Asset Restructuring

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Zhejiang Expressway Co ( (HK:0576) ) just unveiled an announcement.

Zhejiang Expressway Co., Ltd. announced a proposed change of its domestic auditor, engaging Pan-China Certified Public Accountants for the 2025 annual audit. This change is part of a larger asset restructuring involving a share swap with Zhejiang Oceanking Development Co., Ltd. The current auditor, RSM China CPA Limited, has no objections to this change. The board believes this move is beneficial for the company and its shareholders, pending approval at a general meeting.

The most recent analyst rating on (HK:0576) stock is a Buy with a HK$7.50 price target. To see the full list of analyst forecasts on Zhejiang Expressway Co stock, see the HK:0576 Stock Forecast page.

More about Zhejiang Expressway Co

Zhejiang Expressway Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the infrastructure sector, focusing on expressway development and management. The company is involved in significant asset restructuring, indicating a strategic focus on expanding its operations and market influence.

Average Trading Volume: 6,371,630

Current Market Cap: HK$46.49B

For an in-depth examination of 0576 stock, go to TipRanks’ Overview page.

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