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UTime Ltd dismisses auditor Assentsure PAC and appoints Li CPA LLC following material weaknesses in internal control
FXHOUTime Ltd
UTime Ltd dismissed independent registered public accounting firm Assentsure PAC and appointed Li CPA LLC as its new auditor, effective upon execution of the engagement letter. The change was approved by the audit committee and resulted from a careful evaluation process rather than any disagreement regarding accounting principles, financial disclosures, or auditing scope. The prior auditor's reports for fiscal years ended March 31, 2026, and 2025 contained no adverse opinions or qualifications. However, the filing notes that management reported material weaknesses in internal control over financial reporting in its Form 20-F filed on August 10, 2026. UTime Ltd operates as a technology company providing software industry services.