Anbio Biotechnology Changes Auditor Due to Capacity Concerns, Appoints GGF CPA LTD

summarizeSummary

Anbio Biotechnology has replaced its independent auditor, HTL International, LLC, with GGF CPA LTD, citing capacity issues with the former firm to ensure timely financial reporting.

check_boxKey Events

• Auditor Dismissal

  Anbio Biotechnology dismissed HTL International, LLC as its independent registered public accounting firm, effective February 11, 2026.

• Reason for Change

  The change was driven by the Audit Committee's determination that a new auditor with sufficient capacity was needed to ensure timely completion of the 2025 annual audit and Form 20-F filing.

• No Disagreements Reported

  The company stated there were no disagreements with HTL International, LLC on any matter of accounting principles, financial statement disclosure, or auditing scope.

• New Auditor Appointed

  GGF CPA LTD has been appointed as the new independent registered public accounting firm, effective February 11, 2026.

auto_awesomeAnalysis

Anbio Biotechnology has changed its independent registered public accounting firm, dismissing HTL International, LLC and appointing GGF CPA LTD. While the company explicitly states there were no disagreements on accounting principles or practices, the reason cited for the change is the previous auditor's capacity to meet reporting timelines for the upcoming Form 20-F. This rapid change, with the previous auditor appointed only in November 2025, could raise questions about the company's planning or the previous firm's ability to manage its workload, potentially impacting the timely completion of financial statements. Investors will monitor the timely filing of the annual report to ensure this transition does not lead to delays or further issues.