Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 162

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 16F
Chunk 162
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Item 16F. Changes in Registrant’s Certifying Accountants.

On
December 31, 2024, we accepted the resignation of Centurion ZD CPA & Co. (“ Centurion”) as our independent registered
public accounting firm. The report of Centurion on our financial statements for the fiscal year ended December 31, 2023 contained no
adverse opinion or disclaimer of opinion and was not modified. During our fiscal years ended December 31, 2022 and 2023 and the subsequent
interim period preceding Centurion’s resignation, we had no disagreements with Centurion on any matter of accounting principles
or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction
of Centurion, would have caused it to make reference to the subject matter of such disagreements in its report on our financial statements
for such period. The decision to accept the resignation and change our independent accountant was approved and ratified by our Board
of Directors on March 24, 2025.

During
our fiscal years ended December 31, 2022 and 2023 and the subsequent interim period preceding Centurion’s resignation, there were
no reportable events as defined under Item 304(a)(1)(v) of Regulation S-K.

We
engaged SR CPA & Co. (“ SR CPA”) as our new independent registered public accounting firm effective January 2, 2025. During
the prior two fiscal years and through the date of SR CPA’s engagement, we did not consult with SR CPA regarding either: (i) the
application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might
be rendered on our financial statements; or (ii) any matter that was either the subject of a disagreement or a reportable event (as defined
in Item 304(a)(1)(v) of Regulation S-K). In approving the selection of SR CPA as our new independent registered public accounting firm,
our Board of Directors considered all relevant factors, including but not limited to, the independence of SR CPA & Co., its audit
experience and its Mandarin speaking personnel.

Item 16G. Corporate Governance.