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9F Inc. Appoints New Accounting Firm Amid Internal Control Concerns

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9F Inc. Appoints New Accounting Firm Amid Internal Control Concerns

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9F ( (JFU) ) has issued an update.

On September 18, 2025, 9F Inc. announced a change in its independent registered public accounting firm. The company’s board of directors and audit committee approved the dismissal of Wei, Wei & Co., LLP and appointed Marcum Asia CPAs LLP as the new accounting firm, effective September 16, 2025. The change comes despite no disagreements or adverse opinions from Wei Wei on the company’s financial statements for the past two fiscal years. However, there were noted material weaknesses in the company’s internal controls over financial reporting, including insufficient personnel with U.S. GAAP knowledge and a lack of proper documentation for accounting transactions.

More about 9F

9F Inc. is a digital technology service provider based in Beijing, China, focusing on empowering institutional partners with advanced financial technologies.

Average Trading Volume: 16,920

Technical Sentiment Signal: Buy

Current Market Cap: $31.05M

For a thorough assessment of JFU stock, go to TipRanks’ Stock Analysis page.

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