---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-008020"
form_type: "8-K"
ticker: null
cik: "0001417664"
company_name: "Value Exchange International, Inc."
filed_at: "2023-05-30T23:59:59+00:00"
generated_at: "2026-06-14T11:30:18.580294+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Value Exchange International dismisses auditor Zhen Hui, appoints Grassi & Co.

## Summary
- Zhen Hui dismissed as independent auditor effective May 25, 2023; no adverse opinions in prior reports.
- No known disagreements on accounting principles or audit scope during fiscal 2021-2022 or interim.
- Grassi & Co. appointed as new independent auditor effective May 25, 2023, ratified by Board.
- Audit Committee approved the appointment on May 18, 2023; no prior consultations with Grassi.

## SEC filing metadata
- accession: 0001214659-23-008020
- form_type: 8-K
- cik: 0001417664
- company_name: Value Exchange International, Inc.
- filed_at: 2023-05-30T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417664/000121465923008020/0001214659-23-008020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417664/000121465923008020/s5302308k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-008020
- JSON: https://secwatch.observer/filing/0001214659-23-008020.json
- Plain text: https://secwatch.observer/filing/0001214659-23-008020.txt

## Key facts
- Auditor Changes
  Value Exchange International, Inc. engaged Grassi & Co. as its auditor.
  - Action: engagement
  - Auditor: Grassi & Co.
  source text: On May 25, 2023, the Company’s Board of Directors ratified the appointment of Grassi & Co., based in New York, New York, (“Grassi”) as the Company’s new independent registered public accounting firm, effective as of May 25, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417664/000121465923008020/0001214659-23-008020-index.htm
- Auditor Changes
  Value Exchange International, Inc. dismissed Zhen Hui Certified Public Accountants as its auditor.
  - Action: dismissal
  - Auditor: Zhen Hui Certified Public Accountants
  source text: Yes ̈ No x Item 4.01 Change in Registrant’s Certifying Accountant (a) Dismissal of Independent Registered Public Accounting Firm. On May 25, 2023, Value Exchange International, Inc. (the “Company”) ended the engagement of Zhen Hui Certified Public Accountants (“Zhen Hui”) as the Company’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417664/000121465923008020/0001214659-23-008020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.