1. Disclosure of Periodic Reports and Progress
Guangdong Huatie Tongda High-speed Equipment Co., Ltd. (hereinafter referred to as "the Company") was originally scheduled to disclose its 2023 annual report and Q1 2024 report by April 30, 2024. However, due to the inability to verify certain information related to these reports, the Company did not disclose the 2023 annual report and Q1 2024 report by the legal deadline of April 30, 2024. Recently, the Company received a notice from its financial and internal control auditing firm, Beijing Yanhuang Certified Public Accountants (General Partnership) (hereinafter referred to as "Yanhuang CPA"), informing the Company of the termination of their "Business Agreement" and the cessation of annual audit services. The Company faces the risk of potentially