On March 25, 2026, Addentax Group Corp. announced the dismissal of Pan-China Singapore PAC as its independent registered public accounting firm. The company has appointed HML PLT as its new auditor for the fiscal year ending March 31, 2026. This transition comes after a period during which Pan-China's reports did not contain any adverse opinions or disagreements regarding accounting practices. The company has confirmed that there were no reportable events during the previous fiscal years, indicating a smooth transition in its auditing processes. The decision to change auditors is often seen as a strategic move to enhance financial oversight and improve governance practices. The new appointment is expected to bring fresh perspectives and potentially improve the company's financial reporting and compliance with regulatory standards. Investors and stakeholders will be closely monitoring how this change impacts the company's financial health and operational execution moving forward.
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