0001144204-11-072344.txt : 20111230 0001144204-11-072344.hdr.sgml : 20111230 20111230145213 ACCESSION NUMBER: 0001144204-11-072344 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111230 FILED AS OF DATE: 20111230 DATE AS OF CHANGE: 20111230 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Yucheng Technologies LTD CENTRAL INDEX KEY: 0001356462 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33134 FILM NUMBER: 111288918 BUSINESS ADDRESS: STREET 1: 105 WEST 13TH STREET STREET 2: SUITE 7A CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: 646-383-4832 MAIL ADDRESS: STREET 1: 105 WEST 13TH STREET STREET 2: SUITE 7A CITY: NEW YORK STATE: NY ZIP: 10011 6-K 1 v244405_6k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

For Month of December 2011

COMMISSION FILE NUMBER 001-33134

YUCHENG TECHNOLOGIES LIMITED
(Translation of registrant's name into English)

F9 Tower D, Beijing Global Trade Center
36 North Third Ring Road East, Dongcheng District
Beijing, PRC  100013
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x       Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):       

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):       

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes ¨           No x
 
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
 
82- ____.

 
 

 

On December 30, 2011, Yucheng Technologies Limited’s (the “Company”) principal independent accountant, BDO Limited (“BDO Hong Kong”), resigned from its engagement with the Company, which was effective immediately.  

BDO Hong Kong was the principal independent accountants of the Company and  reported on the financial statements for the fiscal years ended December 31, 2009 and 2010. There were no disagreements between the Company and BDO Hong Kong on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, within the period from BDO Hong Kong’s engagement and through the fiscal year of the Company ended December 31, 2010, and subsequently up to the date of resignation, which disagreements that, if not resolved to BDO Hong Kong’s satisfaction, would have caused BDO Hong Kong to make reference to the subject matter of the disagreement in connection with its report issued in connection with the audit of the Company’s financial statements.

None of the reportable events described under Item 304(a)(1)(v)(A)-(D) of Regulation S-K occurred within the period from BDO Hong Kong’s engagement and through the fiscal year of the Company ended December 31, 2010 and subsequently up to the date of resignation.

BDO Hong Kong’s audit reports on financial statements for the fiscal years ended December 31, 2009 and December 31, 2010 of the Company contained no adverse opinion or disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope or accounting principles.

The Company provided BDO Hong Kong with a copy of this disclosure before its filing with the Securities and Exchange Commission (the “SEC”), providing BDO Hong Kong with the opportunity to furnish the Company with a letter addressed to the SEC stating whether it agrees with the disclosures made in the filing. A letter from BDO Hong Kong dated December 30, 2011 is attached hereto as an Exhibit to this filing.

On December 30, 2011, the Company engaged BDO China Shu Lun Pan Certified Public Accountants LLP (“BDO China”) to serve as its independent auditor, effective immediately.  The decision to engage BDO China as the Company’s principal independent accountant was approved by the Audit Committee of the Company on December 30, 2011.  BDO Hong Kong and BDO China are members of BDO International Limited and form part of the international BDO network of independent member firms.  The Company believes the transition from BDO Hong Kong to BDO China will be smooth and does not have any adverse effects on the Company’s annual audit.  During the two most recent fiscal years ended December 31, 2009 and 2010 and through December 30, 2011, neither the Company nor anyone acting on its behalf consulted with BDO China regarding either (i) the application of accounting principles to a specific transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company’s financial statements, and no written report was provided to the Company or oral advice was provided that BDO China concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was the subject of either a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).

 
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
YUCHENG TECHNOLOGIES LIMITED
     
 
By:
/s/ Steve Dai
 
Name:
Steve Dai
 
Title:
Chief Financial Officer

Dated: December 30, 2011

 
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EXHIBITS
 
Exhibit
Number
 
Description
     
15.1
 
Letter from BDO Limited dated December 30, 2011

 
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EX-15.1 2 v244405_ex15-1.htm
 
BDO
25th Floor Wing On Centre
111 Connaught Road Central
Hong Kong

December 30, 2011

Securities and Exchange Commission
100 F. Street N.E.
Washington, D.C. 20549

We have been furnished with a copy of Form 6-K for the event that occurred on December 30, 2011, to be filed by our former client, Yucheng Technologies Limited.  We agree with the statements made in the Form 6-K insofar as they relate to our Firm.
 
Very truly yours,
BDO Limited

/s/ BDO Limited