China National Culture Group (HKG:0745) auditor Elite Partners CPA will retire upon the conclusion of its current term of service on Sept. 25 and will not offer themselves for a re-appointment, a Tuesday filing with the Hong Kong Exchange said.
Elite Partners CPA decided to retire as the e-commerce, advertisement, and movie production company's auditor considering their "available internal resources," among other things, the filing said.
The company's shares closed nearly 6% higher on Tuesday.
Price (HKD): $0.13, Change: $+0.0070, Percent Change: +5.69%
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