Item 4.01. Other Events.
(a) Dismissal of independent registered accounting firm
On June 28, 2022, the board of directors of Shengda Network Technology Inc.,
(the "Company") dismissed SS Accounting & Auditing, Inc. ("SS Accounting"), as
the Company's independent registered public accounting firm, effective
immediately.
The reports of SS Accounting on the Company's financial statement as of and for
the years ended June 30, 2021 and June 30, 2020 contained no adverse opinion or
disclaimer of opinion nor were any such reports qualified or modified as to
uncertainty, audit scope or accounting principle.
The accompanying financial statements have been prepared assuming the Company
will continue as a going concern. As described in Note 1 to the financial
statements, the Company recorded a net loss for the year ended June 30, 2021,
used net cash flows in operating activities, and has a net decrease in cash for
the year ended June 30, 2021. These factors, among others, raise a substantial
doubt regarding the Company's ability to continue as a going concern. The
financial statements do not include any adjustments that might result from the
outcome of this uncertainty.
During the recent fiscal years ending June 30, 2021 and June 30, 2020 and
through the date of this Current Report, there have been no (i) disagreements
with SS Accounting on any matter or accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which connects
with its reports; or (ii) "reportable events" as defined in Item 304(a)(1)(v) of
Regulation S-K.
The Company has provided SS Accounting with a copy of the above disclosures and
requested that SS Accounting furnish the Company with a letter addressed to the
Securities and Exchange Commission ("SEC") stating whether or not it agrees with
the above statement. A copy of SS Accounting's letter, dated July 28, 2022 is
filed as exhibit 16.1 to this Current Report of Form 8-K.
(b) Engagement of new independent registered public accounting firm
On June 28, 2022, the Company engaged Paris Kreit & Chiu CPA LLP, ("Paris
Kreit"), as the Company's new independent registered public accounting firm.
During the recent fiscal years ending June 30, 2021 and June 30, 2020, and
through the date of this Report, neither the Company, nor any on its behalf,
consulted with Paris Kreit regarding (i) the application of accounting
principles to any specified transaction, either completed or proposed, (ii) the
type of audit opinion that might be rendered on the Company's financial
statements, or (iii) any matter that was either the subject of a disagreement
(as defined in Item 304(a)(1)(iv)) or a reportable event (as defined in Item
304(a)(1)(v).
Item 9.01 Financial Statements and Exhibits.
d) Exhibits.
Exibit No. Description
16.1 Letter of SS Accounting & Auditing, Inc.Inc. to the Securities and
Exchange Commission dated July 28, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).© Edgar Online, source Glimpses
SHENGDA NETWORK TECHNOLOGY, INC. 
