XIAMEN,
China, Sept. 6, 2024 /PRNewswire/ -- Qudian Inc.
("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented
technology company, today announced the appointment of BDO China
Shu Lun Pan Certified Public Accountants LLP ("BDO") as the
Company's independent registered public accounting firm, effective
on September 6, 2024.
BDO succeeds Ernst & Young Hua Ming LLP ("EY"), which
previously was the independent auditor providing audit services to
the Company. The change of the Company's independent auditor was
made after careful consideration and was approved by the Audit
Committee and the Board of Directors of the Company. The decision
to change auditor was not as a result of any disagreement between
the Company and EY on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or
procedures.
EY's audit reports on the Company's consolidated financial
statements as of and for the years ended December 31, 2022 and 2023 did not contain an
adverse opinion or a disclaimer of opinion and were not qualified
or modified as to uncertainty, audit scope, or accounting
principles.
During each of the years ended December
31, 2022 and 2023, and during the subsequent interim period
through September 6, 2024, there have
been (i) no disagreements (as defined in Item 16F(a)(1)(iv)
of Form 20-F and the related instructions thereto) with EY on any
matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreements, if
not resolved to the satisfaction of EY, would have caused EY to
make reference to the subject matter of the disagreements in
connection with its reports on the consolidated financial
statements for such years, and (ii) no reportable events (as
defined in Item 16F(a)(1)(v) of Form 20-F).
During the Company's two most recent fiscal years ended
December 31, 2023, and during the
subsequent interim period prior to the engagement of BDO on
September 6, 2024, neither the
Company nor anyone acting on its behalf consulted with BDO on
either (a) the application of accounting principles to a specified
transaction, either completed or proposed, or the type of audit
opinion that might be rendered on the Company's financial
statements, and neither a written report nor oral advice was
provided to the Company by BDO that BDO concluded was an important
factor considered by the Company in reaching a decision as to any
accounting, auditing or financial reporting issue, or (b) any
matter that was the subject of a disagreement, as that term is
defined in Item 16F(a)(1)(iv) of Form 20-F (and the related
instructions thereto) or a reportable event as set forth in Item
16F(a)(1)(v) of Form 20-F.
The Company is working closely with EY and BDO to ensure a
seamless transition.
The Board of Directors of the Company would like to express its
sincere gratitude to EY for its professionalism and quality of
services rendered to the Company over the past few years.
About Qudian Inc.
Qudian is a consumer-oriented technology company. The Company
historically focused on providing credit solutions to consumers.
Qudian is exploring innovative logistics services to satisfy
consumers' demand for e-commerce transactions by leveraging its
technology capabilities.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the
United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology
such as "will," "expects," "anticipates," "future," "intends,"
"plans," "believes," "estimates" and similar statements. Among
other things, the expectation of its collection efficiency and
delinquency, contain forward-looking statements. Qudian may also
make written or oral forward-looking statements in its periodic
reports to the SEC, in its annual report to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements
that are not historical facts, including statements about Qudian's
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: Qudian's
goal and strategies; Qudian's expansion plans; Qudian's future
business development, financial condition and results of
operations; Qudian's expectations regarding demand for, and market
acceptance of, its products; Qudian's expectations regarding
keeping and strengthening its relationships with customers,
business partners and other parties it collaborates with; general
economic and business conditions; and assumptions underlying or
related to any of the foregoing. Further information regarding
these and other risks is included in Qudian's filings with the SEC.
All information provided in this press release and in the
attachments is as of the date of this press release, and Qudian
does not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Qudian Inc.
Tel: +86-592-596-8208
E-mail: ir@qudian.com
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SOURCE Qudian Inc.