[6-K] Baird Medical Investment Holdings Ltd Current Report (Foreign Issuer)
Rhea-AI Filing Summary
Baird Medical Investment Holdings Limited reported a change in its independent auditor. The company dismissed Kreit & Chiu CPA LLP and appointed Guangdong Prouden CPAs GP as its new independent registered public accounting firm, effective February 10, 2026, for the year ended December 31, 2025.
Kreit & Chiu’s prior reports for the year ended December 31, 2024 contained no adverse opinions or qualifications, and the company states there were no disagreements on accounting, disclosure, or audit scope. However, the company continues to have material weaknesses in internal control over financial reporting, including insufficient U.S. GAAP/SEC-experienced staff and the absence of a comprehensive U.S. GAAP accounting policy manual and documented controls. The new auditor is aware these material weaknesses are considered a reportable event.
Positive
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Negative
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Insights
Baird Medical changes auditors while disclosing ongoing material control weaknesses.
Baird Medical replaced Kreit & Chiu CPA LLP with Guangdong Prouden CPAs GP as its independent auditor for the year ended December 31, 2025. The company indicates Kreit & Chiu issued clean opinions for 2024 and had no disagreements on accounting policies, disclosures, or audit procedures.
The filing highlights continuing material weaknesses in internal control over financial reporting: too few finance staff with U.S. GAAP and SEC expertise, and a lack of a comprehensive accounting policy manual and documented controls. These weaknesses can increase the risk of errors in financial statements until remediated.
The new auditor is explicitly informed that these weaknesses are reportable events, which means they will factor into future audit planning and disclosures. Subsequent annual and interim reports will be important for seeing whether management strengthens staffing, formalizes policies, and reports progress on remediating these control issues.