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Beiqi Foton Motor proposes auditor change, board approves resolutions

April 8, 2025 at 05:05 AM UTCBy FilingReader AI

Beiqi Foton Motor (SSE:600166) announced its board of directors has approved resolutions including the proposed change of accounting firms, prompting a special shareholder meeting. Citing compliance with regulations, the company plans to replace its current auditor, Zhixito Certified Public Accountants, with Tianzhi International Certified Public Accountants, for its 2025 financial and internal control audits. The proposed auditor fees total CNY3.8 million. Additionally, the board approved the "Market Value Management System," and "Accounting Firm Selection System." It has also approved the convening of the fourth temporary shareholder meeting in 2025. The resolutions now await shareholder approval at the upcoming meeting.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600166Shanghai Stock Exchange
Automotive

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