Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-25 01:12Group 1 - The board of directors of China Telecom convened its 24th meeting on December 24, 2025, with 8 out of 9 directors present, and the meeting was chaired by Chairman Ke Ruiwen [2][3] - The board approved the proposal for the external auditor's fees for the 2025 fiscal year, totaling RMB 52 million, which includes RMB 39.2 million for financial statement audits and RMB 12.8 million for internal control audits [3][4] - The voting results for the auditor's fee proposal were unanimous, with 9 votes in favor and no votes against or abstentions [5] Group 2 - The board approved the proposal for the estimated upper limit of related party transactions with China Tower Corporation for the year 2026, which does not require shareholder approval [6][19] - The independent directors and the audit committee reviewed and approved the related party transaction proposal, confirming that it aligns with the company's development needs and adheres to principles of fairness and transparency [7][19] - The expected related party transaction amounts for 2026 will be within the approved limits, allowing for adjustments based on actual business needs [20][21] Group 3 - The company received a notice from KPMG Huazhen regarding a change in the signing auditor for the 2025 fiscal year, with Tan Yuhong replacing Liu Jingyuan as the signing auditor [11][12] - The change in the signing auditor is not expected to adversely affect the company's financial statement audits or internal control audits for 2025 [15] - Tan Yuhong has been with KPMG Huazhen since 2006 and has maintained a clean record without any penalties or disciplinary actions in the past three years [13][14]