ChinaCache Appoints Marcum Bernstein Pinchuk LLP as the Company’s New Independent Auditor
July 18 2019 - 8:00AM
ChinaCache International Holdings Ltd. (“ChinaCache” or the
“Company”) (Nasdaq GS: CCIH), a leading total solutions provider of
Internet content and application delivery services in China, today
announced that on July 12, 2019, the Company engaged Marcum
Bernstein Pinchuk LLP (“Marcum BP”) as the Company’s independent
registered public accounting firm. The decision was approved by the
Company’s Audit Committee.
During the Company’s most recent two fiscal years and through
the subsequent interim period on or prior to July 12, 2019, neither
the Company nor anyone on its behalf has consulted with Marcum BP
on either (a) the application of accounting principles to a
specified transaction, either completed or proposed, or the type of
audit opinion that might be rendered on the Company’s financial
statements, and neither a written report nor oral advice was
provided to the Company by Marcum BP that Marcum BP concluded was
an important factor considered by the Company in reaching a
decision as to any accounting, auditing or financial reporting
issue, or (b) any matter that was the subject of a disagreement, as
that term is defined in Item 16F(a)(1)(iv) of Form 20-F (and
the related instructions thereto) or a reportable event as set
forth in Item 16F(a)(1)(v)(A) through (D) of Form
20-F.
Mr. Bin Lu, the Company’s Acting Chief Executive Officer
commented, “We are pleased with selecting Marcum BP, a cross-border
audit firm registered with the PCAOB as new independent auditor. It
is ChinaCache’s intention to remain a publicly listed company and
as such will take the necessary steps in regaining compliance with
SEC reporting standards while addressing any previously noted
exchange deficiencies. To this effect, we’ve assembled the
necessary internal resources to assist our independent auditor in
becoming current with the Company’s reporting requirements.”
About ChinaCache International Holdings
Ltd.
ChinaCache International Holdings Ltd. is a
leading total solutions provider of Internet content and
application delivery services in China. Through its distinctive
3-tier Internet ecosystem, ChinaCache also offers Internet data
center management, Internet Exchange operations and cloud hosting
services. ChinaCache's network is interconnected with the
incumbent carriers as well as other local Internet & broadband
service providers in China. With two decades of experience in
developing customized solutions for China's complex Internet
infrastructure, ChinaCache has helped enterprises, SME clients,
government agencies and other organizations enhance the reliability
and scalability of their online services and applications. To learn
more about ChinaCache and how it has improved end-user experience,
please visit ir.chinacache.com.
Safe Harbor Statement
This announcement contains forward-looking
statements. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
ChinaCache may also make written or oral forward-looking statements
in its reports filed or furnished to the U.S. Securities and
Exchange Commission, in its annual reports to shareholders, in
press releases and other written materials and in oral statements
made by its officers, directors or employees to third parties.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statements, including but not limited to the following: the
Company's goals and strategies, expansion plans, the expected
growth of the content and application delivery services market, the
Company's expectations regarding keeping and strengthening its
relationships with its customers, and the general economic and
business conditions in the regions where the Company provides its
solutions and services. Further information regarding these and
other risks is included in the Company's filings with the U.S.
Securities and Exchange Commission. All information provided in
this press release is as of the date of this press release, and
ChinaCache undertakes no duty to update such information, except as
required under applicable law.
For investor and media inquiries please
contact:
Investor Relations DepartmentChinaCache
International HoldingsTel: +86 10 6408-5686Email:
ir@chinacache.com
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