other material
confidence high
sentiment negative
materiality 0.45
GUOCHUN INTERNATIONAL INC. (GCGJ): auditor change — Guochun International (GCGJ) restates Sep 2025 financials; $8,250 error in G&A expenses
GUOCHUN INTERNATIONAL INC.
- Management determined on March 26, 2026 that Sep 30, 2025 unaudited financials are not reliable.
- Error: other general and administrative expenses overstated by $8,250; prepayments understated by same amount.
- Company will file Form 10-Q/A for the quarter ended Sep 30, 2025 to correct the error.
- Restatement reverses $8,250 in G&A expenses, reducing expenses and increasing prepayments.