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China Longyuan Power (0916): we appointed the wrong auditor

Company announcement, 18-May-2018

Following a Webb-site complaint to HKEX, it emerges that instead of appointing Ernst & Young Hua Ming LLP (of mainland China) at last year's AGM, they meant to appoint Ernst & Young (HK), which signed the 2017 audit report. We have also filed complaints with the HKICPA and Financial Reporting Council, because a HK firm shouldn’t sign an audit report when it hasn't been appointed. The two firms are legally separate.

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