Business Context and Reporting Period
This Form 6-K filing by Haoxin Holdings Limited, a Cayman Islands company, covers the month of December 2025. The report was filed on December 4, 2025, and primarily addresses a change in the company's independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of corporate governance changes rather than a financial performance statement.
Material Changes
- Accountant Termination: On November 30, 2025, the Company terminated its engagement with Marcum Asia CPAs LLP, who had served as the independent auditor since October 15, 2021.
- Reason for Change: The termination was not due to any disagreement regarding accounting principles, financial statement disclosures, or auditing scope.
- Audit History: Marcum Asia's reports for the fiscal years ended December 31, 2024, and 2023, were unqualified and contained no adverse opinions or disclaimers.
Outlook, Risks, and Contingencies
Internal Control Weaknesses: During audits for the fiscal years ended December 31, 2024, and 2023, Marcum Asia identified material weaknesses in the Company's internal controls, including:
- A lack of accounting staff with appropriate knowledge of U.S. GAAP and SEC reporting requirements.
- A lack of independent directors and an audit committee to establish formal risk assessment and internal control frameworks.
- Deficiencies in Information Technology General Controls (ITGC), specifically in risk assessment, vendor management, system change management, backup/recovery, access controls, and segregation of duties.
Remediation: The Company states it is in the process of implementing measures to address these identified material weaknesses.
Investor Verification Checklist
- Verify the identity and qualifications of the new independent registered public accounting firm.
- Review the Company's progress in remediating the material weaknesses in internal controls over financial reporting.
- Confirm the status of the Company's audit committee and the appointment of independent directors.
- Examine the letter from Marcum Asia (Exhibit 16.1) to ensure they concur with the Company's statements regarding the termination.