---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-005629"
form_type: "8-K"
ticker: "NFSN"
cik: "0001284454"
company_name: "Nongfu Shop Digital New Retail Co., Ltd"
filed_at: "2025-08-11T23:59:59+00:00"
generated_at: "2026-05-17T15:13:57.499256+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nongfu Shop appoints new auditor; prior audit flagged going-concern doubt

## Summary
- KCCW Accountancy Corp. resigned as independent auditor on Aug 6, 2025; Simon & Edward LLP appointed.
- KCCW's FY2024 audit report included an explanatory paragraph expressing substantial doubt about going concern.
- No disagreements between Nongfu Shop and KCCW on accounting principles or auditing scope.
- Company filed KCCW's letter to SEC as Exhibit 16.1; no prior consultations with Simon.

## SEC filing metadata
- accession: 0001477932-25-005629
- form_type: 8-K
- ticker: NFSN
- cik: 0001284454
- company_name: Nongfu Shop Digital New Retail Co., Ltd
- filed_at: 2025-08-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1284454/000147793225005629/0001477932-25-005629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1284454/000147793225005629/ybcn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-005629
- JSON: https://secwatch.observer/filing/0001477932-25-005629.json
- Plain text: https://secwatch.observer/filing/0001477932-25-005629.txt

## Source-grounded claims
- claim_id: 3a46b5faa8c949599d9ae7c99f481c7a58cb58a8
  claim: Nongfu Shop Digital New Retail Co., Ltd engaged Simon & Edward LLP as its auditor.
  evidence_excerpt: The Company’s Board of Directors adopted resolutions on August 5, 2025 to approve the engagement of Simon effective August 6, 2025 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1284454/000147793225005629/0001477932-25-005629-index.htm
- claim_id: 6e6a90448c27cbb24e1c8f29d012e3205a2465b6
  claim: KCCW Accountancy Corp. resigned as auditor of Nongfu Shop Digital New Retail Co., Ltd.
  evidence_excerpt: On August 6, 2025, The Company’s independent registered public accounting firm, KCCW Accountancy Corp. (“KCCW”), resigned and the Company engaged Simon & Edward LLP (“Simon”) as the new independent registered public accounting firm of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1284454/000147793225005629/0001477932-25-005629-index.htm

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