IT Tech Packaging, Inc. (ITP) reported that its independent registered public accounting firm, Montis CPA Limited, resigned effective August 27, 2026. Montis had been engaged on April 22, 2026 to audit the fiscal year ended December 31, 2025 but did not issue any audit reports.

The resignation followed a disagreement between management and Montis over the accounting treatment, disclosure, and nature of a US$1,050,000 transaction involving the Company's Chief Executive Officer, which the Company characterized as a payment for equipment. The audit committee discussed the matter with Montis. The company states there were no other disagreements or reportable events as defined in Regulation S-K. On August 29, 2026, the audit committee approved the engagement of HCL, PLLC as the new independent registered public accounting firm.