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8-K - QKL Stores Inc. | v163367_8k.htm |
EX-99.1 - QKL Stores Inc. | v163367_ex99-1.htm |
Exhibit
99.2
QKL
Stores Inc. Engages BDO as Independent Auditor
Daqing,
China, October 19, 2009 – QKL Stores Inc. (the “Company”) (OTCBB: QKLS), a
leading regional supermarket chain in Northeast China, announced today the
appointment of BDO Guangdong Dahua Delu CPAs, LLP (“BDO”) as the Company’s
independent registered public accounting firm. BDO replaces the
Company’s previous independent registered public accountants, Albert Wong &
Co. (“Albert Wong”).
Mr.
Zhuangyi Wang, Chairman and CEO of QKL Stores Inc., said, “We greatly appreciate
Albert Wong’s contribution to our efforts to build out our accounting
infrastructure, and are pleased to be working with BDO to continue those
efforts. As we look toward listing on a major exchange, we are
diligently working to improve our procedures so that we can maximize
transparency and shareholder value. We look forward to
working with the BDO team.”
The
appointment of BDO has been made by the Company’s Audit Committee and there have
been no disagreements with Albert Wong concerning the Company's accounting
principles and practices, financial statements, disclosure or auditing
scope.
About
QKL Stores Inc.:
Based in
Daqing, China, QKL Stores Inc. is a leading regional supermarket chain company
operating in Northeast China. The Company sells a broad selection of
merchandise, including groceries, fresh food, and non-food items, through its
retail supermarkets, hypermarket stores, and department stores; the company also
has its own distribution centers that service its supermarkets.
Safe
Harbor Statement
Certain
statements in this release and other written or oral statements made by or on
behalf of the Company are “forward looking statements” within the meaning of the
federal securities laws. Statements regarding future events and developments and
our future performance, as well as management's expectations, beliefs, plans,
estimates or projections relating to the future, are forward-looking statements
within the meaning of these laws. The forward looking statements are subject to
a number of risks and uncertainties including market acceptance of the Company’s
services and projects and the Company’s continued access to capital and other
risks and uncertainties. The actual results the Company achieves may differ
materially from those contemplated by any forward-looking statements due to such
risks and uncertainties. These statements are based on our current expectations
and speak only as of the date of such statements.
Contact
Information
Company
Contact:
QKL
Stores Inc.
Diana
Zhang & Crystal Chen
Tel:
+86-459-460-7626
Web
site: www.qklstoresinc.com
Investor
Relations:
ICR, Inc.
Wei Jung Yang
Tel: +86-10-6599-7968
Bill Zima
Tel: 1-203-682-8200