{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-019302","form_type":"8-K","ticker":"HGYN","cik":"0001324759","company_name":"HONG YUAN HOLDING GROUP","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.841391+00:00","generated_at":"2026-06-02T00:24:59.108652+00:00","sec_items":["4.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Hong Yuan terminates BF Borgers, engages Oyebola after SEC sanctions BF Borgers","bullets":["Terminated BF Borgers CPA PC as auditor on May 5, 2024; engaged Olayinka Oyebola & Co on May 9, 2024.","BF Borgers' audit reports for FY2022 and FY2023 were unqualified, with no disagreements with management.","SEC issued a cease-and-desist order against BF Borgers on May 3, 2024, barring them from practicing before the SEC.","No disagreements or reportable events during the periods."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-019302","json":"https://secwatch.observer/filing/0001493152-24-019302.json","markdown":"https://secwatch.observer/filing/0001493152-24-019302.md","text":"https://secwatch.observer/filing/0001493152-24-019302.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1324759/000149315224019302/0001493152-24-019302-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1324759/000149315224019302/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:24:59.108652+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"049d9c5ca0e076ae86d57c7d4b994d05218b930d","claim":"HONG YUAN HOLDING GROUP engaged Olayinka Oyebola & Co, Chartered Accountants as its auditor.","evidence_excerpt":"On May 9, 2024, the Company engaged Olayinka Oyebola & C0, Chartered Accountants (“Oyebola”), as BF Borgers’ replacement.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1324759/000149315224019302/0001493152-24-019302-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"Olayinka Oyebola & Co, Chartered Accountants"}]},{"claim_id":"13c1ee4958ef5e2513f0186ae52b1465c2d48bcc","claim":"HONG YUAN HOLDING GROUP dismissed BF Borgers CPA PC as its auditor.","evidence_excerpt":"On May 5, 2024, Hong Yuan Holding Group (the “Company”) terminated its relationship with its independent registered public accounting firm, BF Borgers CPA PC (“BF BORGERS.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1324759/000149315224019302/0001493152-24-019302-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"BF Borgers CPA PC"},{"label":"Successor","value":"Olayinka Oyebola & Co, Chartered Accountants"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}