Zhejiang Great Southeast Co Ltd, a prominent player in the materials sector, has recently announced a significant development regarding its financial oversight. The company, which specializes in the manufacturing of plastic packaging products such as plastic film and plastic bags, has confirmed the renewal of its audit engagement with Lixin Certified Public Accountants (Special General Partnership) for the 2026 financial year. This decision was made during the company’s 12th board meeting, where it received unanimous support.
Lixin Certified Public Accountants, a member of the BDO network, has been the company’s audit firm since 2024. The firm has consistently demonstrated compliance with regulatory requirements and audit independence standards, which were key factors in the board’s decision to renew the engagement. The board’s audit committee conducted a thorough review of the firm’s performance over the past year, confirming its adherence to legal and professional norms and its ability to maintain objective oversight.
The renewal of the audit engagement is contingent upon shareholder approval and will become effective once this approval is secured. For the 2026 financial year, the audit and internal-control fees are set at approximately 150 million yuan, reflecting the comprehensive scope of services required by Zhejiang Great Southeast Co Ltd.
Zhejiang Great Southeast Co Ltd is listed on the Shenzhen Stock Exchange and operates within the Containers & Packaging industry. As of April 13, 2026, the company’s close price was 4.94 CNY, with a 52-week high of 5.18 CNY on April 2, 2026, and a 52-week low of 2.27 CNY on April 16, 2025. The company boasts a market capitalization of 9.28 billion CNY and a price-to-earnings ratio of 189.27. Established with an Initial Public Offering (IPO) on July 28, 2008, the company continues to be a significant entity in the materials sector, focusing on the production of various plastic packaging solutions. For more information, interested parties can visit their website at www.chinaddn.net .
