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Haoxin Holdings Limited Changes Accounting Firm Amid Internal Control Improvements

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Haoxin Holdings Limited Changes Accounting Firm Amid Internal Control Improvements

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Haoxin Holdings Limited Class A ( (HXHX) ) just unveiled an announcement.

On November 30, 2025, Haoxin Holdings Limited terminated its engagement with Marcum Asia CPAs LLP as its independent registered public accounting firm, a decision approved by the company’s audit committee. The termination was not due to any disagreements over accounting principles or auditing procedures. Marcum Asia, which had been engaged since October 2021, had identified material weaknesses in Haoxin’s internal controls, including a lack of accounting staff knowledgeable in U.S. GAAP, insufficient independent directors, and inadequate IT general controls. Haoxin is currently implementing measures to address these issues.

More about Haoxin Holdings Limited Class A

Haoxin Holdings Limited is a company based in Ningbo, Zhejiang Province, China, and is incorporated in the Cayman Islands. The company operates in an unspecified industry, and further details about its primary products, services, or market focus are not provided in the news release.

Average Trading Volume: 296,948

Technical Sentiment Signal: Strong Sell

Current Market Cap: $7.29M

See more data about HXHX stock on TipRanks’ Stock Analysis page.

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