CHINA TELETECH HOLDING, INC. (OTCMKTS:CNCT) Files An 8-K Changes in Registrant’s Certifying AccountantItem 4.01
On December 2, 2016, China Teletech Holding, Inc.’s (the “Company”), in connection with the previously disclosed dismissal of its independent registered accounting firm, entered into an engagement with Centurion ZD CPA Limited (“Centurion”) to retain Centurion as the Company’s independent public accounting firm. On the same day, Company’s board of directors approved and ratified the engagement of Centurion as its new independent registered public accounting firm.
During the year ended December 31, 2014, and during the subsequent interim period through the date of this Current Report on Form 8-K, the Company did not consult with Centurion regarding (i) the application of accounting principles to a specified transaction, (ii) the type of audit opinion that might be rendered on the Company’s financial statements by Centurion, in either case where written or oral advice provided by Centurion would be an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issues or (iii) any other matter that was the subject of a disagreement between us and our former auditor or was a reportable event (as described in Items 304(a)(1)(iv) or Item 304(a)(1)(v) of Regulation S-K, respectively).
About CHINA TELETECH HOLDING, INC. (OTCMKTS:CNCT)
China Teletech Holding Inc. is a company engaged in the manufacture of lithium-ion polymer batteries. Substantially all of the Company’s operations are located in the People’s Republic of China (PRC) through its 51% equity ownership of Shenzhen Jinke Energy Development Co., Ltd. (Jinke). The Company operates its business through its subsidiary, Jinke. Jinke is primarily engaged in the manufacturing and design of batteries, including lithion-ion polymer batteries. Jinke develops and manufactures lithium-ion polymer batteries in different models and specifications for a range of products. The Company generally categorizes the lithium-ion batteries it produces as follows: small-size batteries primarily used in digital consumer electronics products, large-size batteries or high power polymer batteries, and Paper or micro batteries primarily used in portable devices. The Company’s manufacturing operations are conducted in the Junxin Industrial Zone, Shenzhen, Guangdong, China. CHINA TELETECH HOLDING, INC. (OTCMKTS:CNCT) Recent Trading Information
CHINA TELETECH HOLDING, INC. (OTCMKTS:CNCT) closed its last trading session 00.00000 at 0.00270 with 18,786 shares trading hands.
