Cloopen Group Holding Limited(“Cloopen” or the “Company”) today announced the appointment of HKCM CPA & Co (“HKCM”) as the Company’s independent registered public accounting firm to replace Yu Certified Public Accountant, P.C. (“Yu CPA”), effective February 3, 2023. The change of the Company’s independent auditor was made after careful consideration and evaluation process and was approved by the board of directors of the Company (the “Board”) and the audit committee of the Board.
From July 18, 2022, the date the Company engaged Yu CPA as its independent registered public accounting firm, to February 3, 2023, there were no (1) disagreements as defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions thereto between the Company and Yu CPA on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure that, if not resolved to the satisfaction of Yu CPA, would have caused Yu CPA to make reference in connection with its opinions to the subject matter of the disagreement; or (2) reportable events as defined in Item 16F(a)(1)(v) of Form 20-F.
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Prior to the engagement of HKCM, neither the Company nor anyone acting on its behalf consulted HKCM regarding any of the matters or events set forth in Item 16F(a)(2)(i) and (ii) of Form 20-F.
The Company is working closely with Yu CPA and HKCM to ensure a seamless transition.
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