tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

LZ Technology Holdings Appoints New Auditor Amid Internal Control Concerns

Story Highlights
LZ Technology Holdings Appoints New Auditor Amid Internal Control Concerns

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from LZ Technology Holdings Limited Class B ( (LZMH) ).

On April 30, 2025, LZ Technology Holdings Limited announced a change in its independent registered public accounting firm. The company’s Audit Committee approved the dismissal of Marcum Asia CPAs LLP and appointed GGF CPA LTD as the new auditor for the fiscal years ending December 31, 2024, and 2025. The change comes after Marcum Asia’s audit reports for 2023 and 2022, which contained no adverse opinions. Despite no disagreements with Marcum Asia, the company had previously disclosed material weaknesses in its internal controls over financial reporting, which may have influenced the decision to change auditors.

More about LZ Technology Holdings Limited Class B

LZ Technology Holdings Limited operates in the technology sector, focusing on providing advanced technological solutions and services. The company is based in Huzhou City, Zhejiang province, China, and is involved in the development and implementation of technology-driven products and services.

YTD Price Performance: 89.20%

Average Trading Volume: 654,500

For detailed information about LZMH stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1