Tian Yuan Group says PwC removal follows audit delay, seeks switch to Beijing Xinghua

• Tian Yuan Group issued a supplemental statement on its proposed auditor change, outlining a breakdown in information requests with PwC tied to an independent investigation.
• PwC sought more detail on the investigator’s team and work plan; the company declined, citing timing and adequacy of information already provided.
• The audit committee began soliciting replacement bids on May 28, 2026, citing risk of further delay to the 2025 annual results and resumption planning.
• Beijing Xinghua provided an audit timetable for late July to October 2026; proposed fee about RMB 1.5 million for the audit and additional work.
• Trading has been suspended since March 26, 2026, pending further notice.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tian Yuan Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260731-12264966), on July 31, 2026, and is solely responsible for the information contained therein.