CATN Cat9 Group Inc (CE)

Item 4.01 Changes in Registrant's Certifying Accountant 

(a) Dismissal of Independent Registered Public Accounting Firm.

On October 1, 2021, the Board of Directors (the "Board") and majority shareholders of CAT9 Group Inc. (the “Company”) were notified our independent registered public accounting firm Yichen Yeh, CPA (“YY”) was revoked by the PCAOB pursuant to disciplinary proceedings effective as of September 29, 2021. By way of this action, Company’s engagement to YY was terminated effective immediately. From May 30, 2018 (date of engagement) through to the date of this Current Report on Form 8-K, (1) there were no disagreements with YY on any matter of accounting principles or practices, financial statement disclosure, or procedure, which, if not resolved to the satisfaction of YY, would have caused YY to make reference to the subject matter of the disagreements in connection with their report, and (2) there were no “reportable events” as that term is defined in Item 304(a)(1)(v) of Regulation S-K. The Company provided YY with a copy of this Current Report on Form 8-K and requested that YY furnish the Company with a letter addressed to the US Securities and Exchange Commission stating whether it agrees with the statements contained herein. A copy of YY’s letter, dated October 22, 2021, is filed as Exhibit 16.1 to this Form 8-K.

The Company will re-audit its 2020 financial statements with its new PCAOB auditor along with its 2021 financial statements.

(b) New Independent Registered Public Accounting Firm

On October 18, 2021, the Company engaged L&L CPAs ("L&L") as our new independent principal accountant to audit the Company’s financial statements and to perform reviews of interim financial statements. During the Company’s two most recent fiscal years and through October 18, 2021, neither the Company, nor anyone on its behalf has consulted L&L with respect to (i) the application of accounting principles to a specified transaction, either completed or proposed; or (ii) any matter that was either the subject of a disagreement with YY or a reportable event with respect to YY; (iii) the type of audit opinion that might be rendered on the Company’s financial statements, and none of the following was provided to the Company: (a) a written report, or (b) oral advice that L&L concluded was an important factor considered by the Company in reaching a decision as to accounting, auditing or financial reporting issue; or (iv) Any matter that was the subject of a disagreement, as that term is defined in Item 304(a)(1)(iv) of Regulation S-K.