Heng Tai Consumables Group Limited announced that RSM Hong Kong has voluntarily resigned as its auditor with effect from 10 July 2026, citing an internal realignment of resources and workflows. RSM confirmed there are no matters related to its departure that need to be brought to shareholders’ attention, and it had not begun any audit work on the Group’s financial statements for the year ending 30 June 2026 (FY2026).

To fill the vacancy, the Board—on the recommendation of the Audit Committee—appointed Quentin Wong & Co. CPA Limited (QW CPA) as the new auditor, also effective 10 July 2026, to serve until the conclusion of the next annual general meeting. The agreed audit fee for FY2026 is HK$0.80 million, the lowest among three bids received (HK$0.80 million, HK$1.30 million, and an unquoted fee from RSM).

Key considerations highlighted by the Audit Committee in selecting QW CPA included:

• Competitive pricing combined with an engagement plan featuring significant partner involvement and experienced staff. • Confirmation of independence and adherence to professional ethics, with no non-audit services proposed. • Demonstrated experience auditing companies of comparable size and industry profile. • Robust governance, quality-control, and communication frameworks.

A detailed audit timetable has been agreed: planning in mid-July 2026, fieldwork through August to early September, completion in mid-September, and publication of FY2026 annual results by end-September 2026. The Board does not expect the change to affect the timing of the FY2026 audit or results release.

The Board expressed gratitude to RSM for its past services and welcomed QW CPA as Heng Tai’s new external auditor.