Hoa Binh Securities appoints UHY for 2025 audit and re-audit services

Hoa Binh Securities Joint Stock Company has contracted UHY Auditing and Consulting Co., Ltd. for auditing and review services, as per an agreement signed on October 6, 2025. The agreement includes a review of interim financial information, an audit of financial statements, and an audit of the financial safety ratio for the fiscal year ending December 31, 2025. Additionally, the contract covers an audit of 14 bank accounts at four banks and cash and cash equivalents as of June 1, 2022, and June 30, 2022, for the period from November 1, 2021, to December 31, 2024.

The total service fee for the 2025 audit and the interim financial information review is VND 900,000,000 (excluding VAT). Payment will be made in five installments: 10% upon contract signing, 10% upon submission of the draft interim financial review report, 30% upon delivery of the full interim financial review report, 25% prior to inventory observation, and the remaining 25% upon delivery of the final audit report for the 2025 financial year.

The audit for the financial statements and financial safety ratio for 2025 is scheduled to commence on December 20, 2025, with direct implementation from February 2-8, 2026, and the draft report expected by March 10, 2026. The review of interim financial information for 2025 is scheduled for completion within N+18 days after the planning phase.