After the close on a holiday shortened Friday, Zhuoxun Hongtu Inc. (CIK 1639327), a provider of educational services headquartered in Beijing, disclosed it has fired its auditor of the past four years (WWC, P.C) two months after the end of its fiscal year.

Zhuoxun Hongtu, formerly known as Gushen (GSHN), trades over-the-counter on the OTC Expert Market.

Gushen did not say why WWC was fired but says there was no disagreement over the company’s financial statements.

In a letter to the Securities and Exchange COmmission (SEC), WWC said it “does not disagree” with Gushen’s characterization.

The after-hours disclosure also revealed Gushen had hired GGF CPA.

The Public Company Accounting Oversight Board (PCAOB) indicates GGF has been auditing public firms for less than two years.

Records indicate GGF has had six clients.

Since becoming publicly traded companies, these six— each audited by GGF’s only listed engagement partner Xiaobin Chen— have lost nearly all their equity value:

—Cenntro Electric Group Limited (CENN) is down 96.9%
—IT Tech Packaging, Inc. (ITP) is down 94.9%
—AGM Group Holdings Inc. (AGMH) is down 81.3%
—Savmobi Technology, Inc. (SVMB) is down 99.5%
—Gulf Resources, Inc. (GURE) is down 95.5%
—Fang Holdings Limited (SFUN) is down 96.8%

Separately, Board Chairman Yulong Yi is also Treasurer and Principal Financial and Accounting Officer.