CASSAVA RES(00841) recommends appointing Zhongzheng Tianheng as the new auditor.

Cassava Resources (00841) announced that the company intends to dismiss the company's auditor from Ernst & Young after the relevant resolution is passed at the upcoming extraordinary general meeting of shareholders. In accordance with the recommendation of the company's audit committee, the board of directors intends to appoint Cheng Cheng Tianheng Certified Public Accountants Limited as the new auditor of the company after the dismissal is proposed, to fill the temporary vacancy, and to serve until the end of the next annual general meeting of shareholders. The proposed appointment will only take effect after the relevant resolution is passed at the extraordinary general meeting of shareholders.