Ruixin International Names Confucius International as New Auditor

Reuters
Feb 26
Ruixin International Names Confucius International as New Auditor

Ruixin International Holdings Limited said its former auditor, SHINEWING, resigned effective 13 November 2024, citing factors including internal resources, audit timetable and risk, after having issued a disclaimer of opinion on the company’s 2023 consolidated financial statements due to multiple going-concern uncertainties. The company later appointed Confucius International as its new auditor, with an audit fee of HK$750,000 for each of FY2024 and FY2025, and noted trading in its shares remains suspended pending fulfillment of resumption guidance.

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