IT Tech Packaging, Inc. reported the resignation of its independent auditor, Montis CPA Limited, effective August 27, 2026. The resignation followed an unresolved disagreement regarding the accounting treatment of a US$1,050,000 loan to Chief Executive Officer Zhenyong Liu; management classified it as equipment purchase while Montis disputed this classification. Consequently, Montis discontinued the engagement without issuing any audit reports during its brief tenure from April 22 to August 27, 2026. The company immediately engaged HCL, PLLC as its successor auditor on August 29, 2026. This event signals potential internal control or governance risks regarding executive compensation and financial reporting integrity. IT Tech Packaging, Inc. operates in the technology sector, specifically providing packaging solutions for tech hardware.