Company: WCT
Filing Date: 2025-05-16
Form Type: 20-F
Source: 0001213900-25-044576
Chunk: 105

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-05-16
Form: 20-F
Item: Item 16C
Chunk 105
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ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES

On November 19, 2024, the Company terminated its
independent registered public accounting firm, WWC, P. C., as the Company’s independent registered public accounting firm, effective
on December 3, 2024. The decision to change the independent registered public accounting firm was recommended and approved by the Audit
Committee and Board of Directors of the Company. On December 12, 2024, the Audit Committee and the Board of Directors of the Company ratified
the appointment of SR CPA & Co. as its new independent registered public accounting firm to audit and review the Company’s financial
statements.

Audit Fees

“ Audit fees” means the aggregate fees
billed for professional services rendered by our principal auditors for the audit of our annual financial statements and the review of
our comparative interim financial statements.

The Company was billed and paid to WWC, P. C. audit
fees US$220,000 and US$200,000 during the year ended December 31, 2023, and 2022, respectively.

The Company was billed and paid to SR CPA & Co. audit fees US$150,000
during the year ended December 31, 2024.

Audit-Related Fees

“ Audit-related fees” means the aggregate
fees billed for professional services rendered by our principal auditors for the assurance and related services, which mainly included
the audit and review of financial statements and are not reported under “ Audit fees” above.

The Company has not paid for audit-related services
for year end of December 31, 2024 and 2023.

Tax Fees

“ Tax fees” means the aggregate fees
billed for professional services rendered by our principal auditors for tax compliance, tax advice and tax planning.

The Company has not paid for tax services for
year end of December 31, 2024 and 2023.

All Other Fees

“ All other fees” means the aggregate
fees billed for professional services rendered by our principal auditors other than the professional services reported under “audit
fees”, “audit-related fees” and “tax fees”.

The Company has not paid for other services for
year end of December 31, 2024 and 2023.

The policy of our audit committee and our board
of directors is to pre-approve all audit and non-audit services provided by our principal auditors, including audit services, audit