BRIGHT CULTURE (01859)
| Auditor | From | To | Release Date / Document Links | Reason for Change |
|---|---|---|---|---|
| Zhonghui Anda CPA | 03-Jul-24 | |||
| McMillan Woods | 24-May-23 | 03-Jul-24 | Replaced by new auditor | |
| McMillan Woods HK | 24-May-23 | 02-Jul-24 | Unable to meet the Company’s plan to complete the audit of the consolidated financial statements of the Group for the year ended 31 December 2023. | |
| Elite Partners | 21-Dec-21 | 24-May-23 | Could not come to a consensus regarding the Issues, which includes (1) the accounting policies regarding the revenue recognition of the content-related business adopted by the Company; (2) the Company’s valuation of the expected credit loss regarding the Loan as of the date of this announcement provided by Yueying Xingyao Information Technology (Tianjin) Co., Ltd., a subsidiary of the Company, to the Borrower and (3) the valuation of the collateral under the Loan (i.e. 35% of the total issued shares of the Borrower). | |
| McMillan Woods HK | 24-May-23 | 24-May-23 | Replaced by new auditor | |
| Elite Partners | 21-Dec-21 | 24-May-23 | Elite Partners did not obtain relevant sufficient documents timely on the following: (1) to assess whether the revenue recorded for the period ended 30 June 2022 were in accordance with the accounting policies regarding revenue recognition; and (2) the availability of the Company’s valuation of the expected credit loss regarding the Loan and the valuation of the collateral under the Loan. Having considered the above and other job commitments, Elite Partners decided to resign as the auditor of the Company. |