11/29/2024 | Press release | Distributed by Public on 11/29/2024 14:24
Item 4.01 Change in Registrant's Certifying Accountant
On November 28, 2024, ESG Inc. ("Company") terminated Qi CPA LLC ("Former Auditor") as its independent registered public accounting firm. On November 28, 2024, the Company hired RH CPA ("New Auditor") as its independent registered public accountant firm which was approved by the Company's Board of Directors.
Pursuant to applicable rules, the Company makes the following additional disclosures:
(a) | The Former Auditor's audit report on the financial statements of the Company as at and for the fiscal year ended December 31, 2022 and 2023 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles, except that such report contained an explanatory paragraph in respect to uncertainty as to the Company's ability to continue as a going concern. |
(b) | During fiscal year ended December 31, 2023 and through November 28, 2024, there were no disagreements with the Former Auditor on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which if not resolved to the Former Auditor's satisfaction would have caused it to make reference thereto in connection with the Former Auditor's reports on the financial statements for such years. During fiscal year ended December 31, 2023 and through November 28, 2024, there were no events of the type described in Item 304(a)(1)(v) of Regulation S-K. |
(c) | During fiscal year ended December 31, 2023 and through November 28, 2024, the Company did not consult with the New Auditor with respect to any matter whatsoever including without limitation with respect to any of (i) the application of accounting principles to a specified transaction, either completed or proposed; (ii) the type of audit opinion that might be rendered on the Company's financial statements; or (iii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K) or an event of the type described in Item 304(a)(1)(v) of Regulation S-K. |
On November 28, 2024, the Company provided the Former Auditor with a copy of the foregoing disclosure and requested that it furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made therein. A copy of the letter from the Former Auditor dated September 15 2023 is attached hereto as Exhibit 16.1.