Jin Medical International Ltd. (ZJYL) has released an update.
Jin Medical Technologies Ltd. faces scrutiny as its former auditor, DNTW Toronto LLP, resigned citing unresolved disagreements over audit procedures and the company’s reluctance to provide necessary information for audit completion. DNTW’s resignation on February 25, 2024, was propelled by the company’s threat of litigation, which the auditor felt impaired its independence. This development raises concerns about Jin Medical’s financial reporting practices and could have significant implications for stakeholders and the market at large.
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