Eshallgo Inc. announced the dismissal of its independent registered auditor, YCM CPA INC., effective November 18, 2025. The company stated there were no disagreements with YCM regarding accounting principles, financial statement disclosure, or auditing procedures. However, Eshallgo disclosed a material weakness in its internal control over financial reporting, specifically citing insufficient personnel with appropriate U.S. GAAP expertise and a lack of proper IT controls related to logical access security. These issues had been previously disclosed in its Form 20-F report. Felix CPAs LLC has been appointed as the new independent auditor.
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