11/29/2024 | Press release | Distributed by Public on 11/29/2024 15:06
Item 4.01 Changes in Registrant's Certifying Accountant.
(a) Dismissal of Independent Registered Public Accounting Firm.
On November 26, 2024, the board of directors of Zhuoxun Hongtu Inc. (the "Company") authorized the dismissal of WWC, P.C. ("WWC") and the engagement of GGF CPA LTD ("GGF") as the new independent registered public accounting firm of the Company, for the audit of the Company for the fiscal year ended September 30, 2024, effective immediately.
The Company's financial statements for the fiscal years ended September 30, 2020, 2021, 2022 and 2023 (the "Covered Periods") were audited by WWC. The auditor's reports on the financial statements for the Covered Periods did not contain any adverse opinion or a disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope, or accounting principles, except that they have expressed uncertainty about the Company's ability to continue as a going concern. Other than the foregoing, WWC has not conducted any audit on the Company's financial statements for any fiscal year, or has issued any audit report since incorporation.
In addition, since WWC's engagement on July 30, 2021, there were no disagreements with WWC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of WWC, would have caused WWC to make reference to the subject matter of the disagreements in connection with its report on the Company's financial statements for such periods. Also, during this time, there were no "reportable events," as defined in Item 304(a)(1)(v) of Regulation S-K.
The Company provided WWC with a copy of the above disclosures and requested that WWC furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the statements made above. A copy of WWC's letter dated November 26, 2024 is attached as Exhibit 16.1 to this Current Report on Form 8-K.
(b) Appointment of New Independent Registered Public Accounting Firm.
On November 26, 2024, the Company engaged GGF as the Company's independent registered public accounting firm for the fiscal year ended September 30, 2024, effective November 26, 2024. During the fiscal years ended September 30, 2023 and 2024, neither the Company nor anyone on its behalf consulted with GGF regarding (i) the application of accounting principles to any specified transaction, either completed or proposed or the type of audit opinion that might be rendered on the Company's financial statements, and neither a written report nor oral advice was provided to the Company that GGF concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, or (ii) any matter that was either the subject of a "disagreement," as defined in Item 304(a)(1)(iv) of Regulation S-K, or a "reportable event," as defined in Item 304(a)(1)(v) of Regulation S-K.