Jumei Selects E&Y as its Independent Registered Public Accounting Firm
November 10 2017 - 4:30PM
Jumei International Holding Limited (NYSE:JMEI) (“Jumei” or the
“Company”) announced that, effective as of November 07, 2017, the
Company engaged Ernst & Young Hua Ming LLP (“EY”) as the
Company’s independent registered public accounting firm, to replace
PricewaterhouseCoopers Zhong Tian LLP (“PwC”). The change of the
Company’s independent registered public accounting firm was
approved by the Audit Committee of its Board of Directors.
EY is engaged to audit and report on the consolidated financial
statements of the Company for the year ending December 31, 2017 and
on the effectiveness of the Company’s internal control over
financial reporting as of December 31, 2017.
The reports of PwC on the Company’s consolidated financial
statements for the fiscal years ended December 31, 2015 and 2016
contained no adverse opinion or disclaimer of opinion and were not
qualified or modified as to uncertainty, audit scope or accounting
principle.
During the fiscal years ended December 31, 2015 and 2016 and the
subsequent interim period through November 07, 2017, there have
been no:
(1) disagreements between the Company and PwC on any matter of
accounting principles or practices, financial statement disclosure,
or auditing scope or procedure, which disagreements if not resolved
to the satisfaction of PwC would have caused them to make reference
thereto in their reports on the consolidated financial statements
for such years, or
(2) reportable events as defined in Form 20-F Item 16F (a)(1)(v)
other than the material weakness reported in the Company’s 2015
Form 20-F filed with the U.S. Securities and Exchange of Commission
on April 29, 2016.
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,” “confidence” and similar statements. Jumei
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. Statements
that are not historical facts, including statements about Jumei’s
beliefs and expectations, are forward-looking statements.
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
statement. Further information regarding these and other risks is
included in our annual report on Form 20-F and other documents
filed with the Securities and Exchange Commission. All information
provided in this press release is as of the date of this press
release, and Jumei undertakes no duty to update such information,
except as required under applicable law.
About Jumei
Jumei (NYSE:JMEI) is China’s leading online
retailer of beauty products. Jumei’s internet platform is a trusted
destination for consumers to discover and purchase branded beauty
products, baby, children and maternity products, light luxury
products, health supplements and other products through the
Company’s jumei.com and jumeiglobal.com websites and mobile
application. Leveraging its deep understanding of customer needs
and preferences, as well as its strong merchandizing capabilities,
Jumei has adopted multiple effective sales formats to encourage
product purchases on its platform, including curated sales, online
shopping mall and flash sales. More information about Jumei can be
found at http://ir.jumei.com.
For investor and media inquiries, please
contact:
Jumei International Holding Limited
Ms. Cindy Cao Senior Reporting Manager Phone: +86-10-5676-6824
Email: chunyanc@jumei.com
Christensen In China Mr. Christian Arnell
Phone: +86-10-5900-1548 Email: carnell@christensenir.com
In US Ms. Linda Bergkamp Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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