Wuxi Life appoints CCTH as auditor with HKD 0.65 million fee

Reuters

Mar 19

<a href="https://laohu8.com/S/08148">Wuxi Life</a> appoints CCTH as auditor with HKD 0.65 million fee

Wuxi Life changed auditor after Fan Chan resigned following unsuccessful negotiations on the final audit fee.
The company appointed CCTH as its new auditor and signed an engagement letter on 25 November 2025.
Fan Chan proposed an audit fee of HKD 1 million, while CCTH proposed HKD 0.65 million.
CCTH’s audit plan identified significant risk areas including management override of controls and revenue recognition.
The audit committee noted an AFRC reprimand and pecuniary penalty involving CCTH related to delayed completion of corrective actions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wuxi Life International Holdings Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260319-12059402), on March 19, 2026, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wuxi Life International Holdings Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service opera","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"08148":"悟喜生活","BK1531":"手游股","BK1109":"应用软件"},"translate_title":"无锡人寿以65万港元聘任CCTH为核数师","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"08148":0.9},"content_text":"Wuxi Life appoints CCTH as auditor with HKD 0.65 million fee\n    \n\n\n          Wuxi Life changed auditor after Fan Chan resigned following unsuccessful negotiations on the final audit fee.\n        \n\n          The company appointed CCTH as its new auditor and signed an engagement letter on 25 November 2025.\n        \n\n          Fan Chan proposed an audit fee of HKD 1 million, while CCTH proposed HKD 0.65 million.\n        \n\n          CCTH’s audit plan identified significant risk areas including management override of controls and revenue recognition.\n        \n\n          The audit committee noted an AFRC reprimand and pecuniary penalty involving CCTH related to delayed completion of corrective actions.\n        \n\n\n\n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wuxi Life International Holdings Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260319-12059402), on March 19, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}