Cheche Group Inc. announced a change in its independent registered public accounting firm, dismissing PricewaterhouseCoopers Zhong Tian LLP (PwC ZT) and appointing Marcum Asia CPAs LLP, effective July 18, 2025. This decision, approved by the company's board and audit committee, comes amid identified material weaknesses in the company's internal control over financial reporting. These weaknesses include a lack of accounting personnel with U.S. GAAP expertise and insufficient formal financial closing policies, leading to adjustments in financial statements for fiscal years 2023 and 2024. PwC ZT's reports did not contain adverse opinions, and Marcum Asia has been informed of these internal control issues.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cheche Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-020212), on July 18, 2025, and is solely responsible for the information contained therein.
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