Fang Announces Change of Auditor

Core Viewpoint - Fang Holdings Limited has appointed GGF CPA LTD as its new independent auditor, effective May 24, 2024, succeeding Shandong Haoxin Certified Public Accountants Co., Ltd, with no disagreements reported between the company and the previous auditor [1][2]. Group 1: Auditor Change - The change in independent auditor was approved by the company's board of directors and the audit committee after a careful evaluation process [3]. - The company is collaborating with both GGF and Shandong Haoxin to ensure a smooth transition and aims to file its annual reports for the periods ended December 31, 2020, 2021, 2022, and 2023 promptly [3]. Group 2: Company Overview - Fang operates a leading real estate Internet portal in China, recognized for its high number of page views and visitors [4]. - The company provides marketing, listing, lead generation, and financial services primarily for the real estate and home furnishing sectors in China [4]. - Fang maintains approximately 70 offices across China, focusing on local market needs, and its website contains real estate-related content covering 658 cities [4].