other material
confidence high
sentiment negative
materiality 0.60
Future FinTech dismisses Fortune CPA, appoints Wei, Wei & Co. as new auditor
Future FinTech Group Inc.
- Dismissed Fortune CPA Inc. as independent auditor effective July 6, 2026; Fortune had served since August 2023.
- Audit reports for FY2024 and FY2025 contained going concern explanatory paragraph; no other adverse opinions.
- No disagreements with Fortune on accounting principles, but material weakness in internal control over financial reporting existed.
- Appointed Wei, Wei & Co., LLP as new independent registered public accounting firm for FY2026, effective July 6, 2026.
- Company did not consult Wei, Wei & Co. on any matters under Item 304(a)(2) prior to engagement.