111 Announces Appointment of New Auditor

Core Points - 111, Inc. has appointed Grant Thornton Zhitong Certified Public Accountants LLP as its new independent registered public accounting firm, effective July 19, 2024, replacing Deloitte Touche Tohmatsu Certified Public Accountants LLP [1] - The decision to change the accounting firm was made after a careful evaluation process and has received approval from the board of directors and audit committee of 111, Inc. [1] - Grant Thornton will audit and report on the consolidated financial statements of 111, Inc. for the year ending December 31, 2024, and assess the effectiveness of the company's internal control over financial reporting as of the same date [1]