ESG Inc. filed a Form 8-K on October 29, 2026, disclosing that TQ International, PLLC resigned as its independent registered public accounting firm on October 26, 2026, and that the company's board approved the engagement of Shah Teelani & Associates as its replacement on the same date.

Key Highlights

  • Auditor resignation: TQ International, PLLC (formerly Tang Qian & Associates, PLLC) resigned effective October 26, 2026; the filing states the resignation "was not a dismissal by the Company."
  • Going concern paragraph: TQ's report on the fiscal year ended December 31, 2025 "included an explanatory paragraph regarding substantial doubt about the Company's ability to continue as a going concern."
  • No prior-year audit: TQ did not issue an audit report on the company's financial statements for the fiscal year ended December 31, 2024.
  • No disagreements: The filing states there were no disagreements with TQ on accounting principles, practices, financial statement disclosure, or auditing scope during the two most recent fiscal years and through October 26, 2026.
  • New auditor engaged: Shah Teelani & Associates (PCAOB Registration No. 7161) was approved by the Board of Directors on October 26, 2026, initially to review interim financial information for the three- and nine-month periods ended September 30, 2026.
  • Emerging growth company: ESG Inc. is designated as an emerging growth company under applicable SEC rules, according to the filing.

ESG Inc. Discloses Auditor Change and Going Concern History

According to the Form 8-K filed with the SEC, TQ International, PLLC resigned as ESG Inc.'s independent registered public accounting firm on October 26, 2026. The filing makes clear that the departure was initiated by TQ and was not a dismissal. ESG Inc. is a Nevada-incorporated company headquartered at 433 East Hillendale Rd., Chadds Ford, PA 19317, with securities registered under Commission File Number 000-56532. No trading symbol or exchange is listed in the filing's registered-securities table, as the table reflects "N/A" for all fields.

The filing discloses that TQ's audit report for the fiscal year ended December 31, 2025 was not qualified or modified as to audit scope or accounting principles, but did contain an explanatory paragraph regarding substantial doubt about the company's ability to continue as a going concern. The filing further notes that TQ did not issue any audit report for the fiscal year ended December 31, 2024. ESG Inc. confirmed there were no disagreements with TQ and no reportable events of the type described in Item 304(a)(1)(v) of Regulation S-K during the relevant period.

On the same date as TQ's resignation, the Board of Directors approved engaging Shah Teelani & Associates, carrying PCAOB Registration No. 7161, as the incoming independent registered public accounting firm. Per the filing, the initial engagement scope covers a review of interim financial information for the three- and nine-month periods ended September 30, 2026, in accordance with PCAOB AS 4105. The filing states that prior to the engagement, the company had not consulted Shah Teelani on any accounting principles, proposed transactions, or audit opinion matters. The Form 8-K was signed by CEO Zhi Yang on October 29, 2026, and includes as Exhibit 16.1 a letter from TQ International, PLLC confirming its agreement with the statements in the filing.

What Was Disclosed

ESG Inc. reported the October 26, 2026 resignation of its auditor TQ International, PLLC, noting a going concern paragraph in that firm's most recent report, and disclosed the board-approved engagement of Shah Teelani & Associates (PCAOB No. 7161) as replacement auditor.