TuanChe Limited (“TuanChe,” “Company,” “we” or “our”), a leading omni-channel automotive marketplace in China, today announced the Audit Committee and the Board of Directors of the Company dismissed PricewaterhouseCoopers Zhong Tian LLP (“PwC”) as its independent registered public accounting firm on September 13, 2021.
In connection with the change of auditor, the Company provides that:
On September 13, 2021, the Board of Directors approved the engagement of Marcum Bernstein & Pinchuk LLP (“MBP”) as the Company’s new independent registered public accounting firm for fiscal year ending December 31, 2021, effective immediately. During the Company’s two most recent fiscal years ended December 31, 2020 and 2019, and during the subsequent interim period through September 13, 2021, neither the Company nor anyone on its behalf has consulted with MBP regarding any of the matters described in Item 16F(a)(2)(i) and (ii) of Form 20-F. MBP is aware of the material weaknesses described above and understands it is a reportable event.
The dismissal of PwC and the appointment of MBP have been approved by the Audit Committee and the Board of Directors of the Company on September 13, 2021.
Founded in 2010, TuanChe Limited is a leading omni-channel automotive marketplace in China. TuanChe offers services to connect automotive consumers with various industry players such as automakers, dealers and other automotive service providers. TuanChe provides automotive marketing and transaction related services by integrating its online platforms with offline sales events. Through its integrated marketing solutions, TuanChe turns individual and isolated automobile purchase transactions into large-scale collective purchase activities by creating an interactive many-to-many environment. TuanChe also provides virtual dealership services by connecting automakers and franchised dealerships with secondary dealers, which ultimately helps automakers penetrate and expand into lower-tier cities. Furthermore, leveraging its proprietary data analytics and advanced digital marketing system, TuanChe’s online marketing service platform helps industry customers increase the efficiency and effectiveness of their advertising placements.
SOURCE TuanChe Limited