Business Context and Reporting Period
This Form 6-K filing by NaaS Technology Inc. (Nasdaq: NAAS), the first U.S.-listed EV charging service company in China, covers the month of June 2024. The report was filed on June 28, 2024, and primarily addresses a change in the Company's independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding corporate governance and audit matters rather than a financial results announcement.
Material Changes
- Change of Auditor: The Company dismissed Centurion ZD CPA & Co. ("Centurion") as its independent registered public accounting firm.
- New Appointment: Enrome LLP ("Enrome") was appointed as the new independent registered public accounting firm on June 26, 2024, to audit the consolidated financial statements for the year ending December 31, 2024.
- Rationale: The decision was driven by an evaluation of audit quality and overall efficiency to meet the Company's audit needs.
Management Commentary, Risks, and Contingencies
Management confirmed that Centurion's audit report for the fiscal year ended December 31, 2023, contained no adverse opinions, disclaimers, or qualifications. Furthermore, the Company stated there were no disagreements with Centurion regarding accounting principles, financial statement disclosures, or auditing scope during the 2023 fiscal year or the subsequent period through the dismissal date. No reportable events occurred during this timeframe. The Company also confirmed that no consultations regarding accounting principles or disagreements were held with Enrome prior to its engagement. Management is working with both firms to ensure a seamless transition.
Investor Verification Checklist
- Verify the effective date of Enrome LLP's engagement and the scope of their initial audit responsibilities.
- Review the transition plan between Centurion and Enrome to assess potential impacts on future financial reporting timelines.
- Confirm that no undisclosed disagreements or reportable events exist between the Company and the former auditor, Centurion.
- Monitor upcoming filings for the first financial statements audited by Enrome LLP.