Business Context and Reporting Period
This Form 6-K filing by Qilian International Holding Group Ltd. (referred to in metadata as BGM Group Ltd.) covers the month of June 2024, with a specific report date of June 6, 2024. The filing discloses a change in the registrant's certifying accountant.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding corporate governance and does not contain financial statement data.
Material Changes
- Accountant Change: On June 6, 2024, the Audit Committee and Board of Directors approved the appointment of Enrome LLP as the new independent registered public accounting firm.
- Dismissal of Prior Firm: ZH CPA, LLC ("ZH") was dismissed on the same date. ZH had served as the independent public accounting firm since January 4, 2023.
- No Disagreements: The company states there were no disagreements with ZH regarding accounting principles, practices, financial statement disclosure, or auditing scope during the engagement period.
- No Reportable Events: There were no "reportable events" within the meaning of Item 16F(a)(1)(v) of Form 20-F during the two most recent fiscal years or the interim period preceding the dismissal.
Guidance, Outlook, and Risks
The filing does not contain guidance, outlook, or management commentary on future operations. Regarding risks and contingencies, the company confirmed that neither the company nor anyone on its behalf consulted Enrome regarding accounting principles or audit opinions prior to engagement. Additionally, ZH CPA, LLC has provided a letter agreeing with the disclosures made in this report.
Key Facts for Investor Verification
- Verify the effective date of the transition from ZH CPA, LLC to Enrome LLP (June 6, 2024).
- Confirm the absence of any undisclosed disagreements or reportable events with the former auditor, ZH CPA, LLC.
- Review the letter from ZH CPA, LLC (Exhibit 16.1) to ensure it explicitly states no basis to disagree with the company's disclosures.
- Note that this filing contains no financial performance data; investors should refer to the most recent Form 20-F for financial metrics.