X Financial Appoints Deloitte as New Auditor, Replacing KPMG
Ticker: XYF · Form: 6-K · Filed: May 23, 2025 · CIK: 1725033
| Field | Detail |
|---|---|
| Company | X Financial (XYF) |
| Form Type | 6-K |
| Filed Date | May 23, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, financial-reporting
TL;DR
X Financial swapped auditors from KPMG to Deloitte on May 23rd.
AI Summary
On May 23, 2025, X Financial appointed Deloitte Touche Tohmatsu Certified Public Accountants LLP as its new independent registered public accounting firm, replacing KPMG Huazhen. This change is effective immediately.
Why It Matters
A change in auditor can signal a shift in financial reporting scrutiny or a response to previous audit findings, potentially impacting investor confidence.
Risk Assessment
Risk Level: low — The filing is a routine change of auditor, which is a common corporate event and does not inherently present significant new risks.
Key Players & Entities
- X Financial (company) — Registrant
- Deloitte Touche Tohmatsu Certified Public Accountants LLP (company) — Newly appointed auditor
- KPMG Huazhen (company) — Replaced auditor
- May 23, 2025 (date) — Effective date of auditor change
FAQ
Who was appointed as the new independent registered public accounting firm for X Financial?
Deloitte Touche Tohmatsu Certified Public Accountants LLP was appointed as the new independent registered public accounting firm for X Financial.
When was the change of auditor effective for X Financial?
The change of auditor was effective on May 23, 2025.
Which firm did Deloitte replace as X Financial's auditor?
Deloitte replaced KPMG Huazhen as X Financial's auditor.
What is the filing type and date for this report?
This is a Form 6-K report filed on May 23, 2025.
Where is X Financial's principal executive office located?
X Financial's principal executive office is located at 7-8F, Block A, Aerospace Science and Technology Plaza, No. 168, Haide Third Avenue, Nanshan District, Shenzhen, 518067, the People's Republic of China.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 23, 2025 regarding X Financial (XYF).