SEII Sharing Economy International Inc (CE)

Item 4.01 Changes in Registrant’s Certifying Accountant

(a) On May 22, 2020, Exelient PAC (“Exelient”), notified Sharing Economy International Inc., a Nevada corporation (the “Company”), that Exelient had resigned as the independent registered public accounting firm of the Company.

Exelient’s services performed were limited to (i) reviews of the Company’s Quarterly Reports on Form 10-Q for the fiscal quarters ended June 30, 2019 and September 30, 2019, and (ii) audit of consolidated balance sheets of the Company’s subsidiary, Peak Equity International Inc. (“Peak Equity International”) and subsidiaries as of December 31, 2018 and 2017, and the related consolidated statements of operations and comprehensive loss, consolidated statements of changes in stockholders’ deficit, and consolidated statements of cash flows for each of the years in the two-year period ended December 31, 2018, (iii) a review of Peak Equity International’s Condensed Consolidated Financial Statements for the Nine-Month Period Ended September 30, 2019 and 2018, and the Company’s Pro Forma Condensed Combined Balance Sheets as of September 30, 2019. Exelient did not provide any reports regarding the Company’s financial statements as of December 31, 2019 and 2018 and the statement of operations, stockholders’ equity (deficit) and cash flows for the years then ended.

During the subsequent interim period through the date of dismissal, the Company had no disagreement with Exelient on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. There were no reportable events, as listed in Item 304(a)(1)(v) of Regulation S-K.

The Company provided Exelient a copy of the above disclosures and requested Exelient to furnish a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statements. Exelient’s response is attached as Exhibit 16.1 to this Current Report on Form 8-K.

(b) On May 22, 2020, the Company resolved to engage the independent registered public accounting firm of Audit Alliance LLP (“Audit Alliance”), the Company’s new independent registered public accountants, which appointment Audit Alliance has accepted.

During the two most recent fiscal years and the interim period preceding the engagement of Audit Alliance, the Company has not consulted with Audit Alliance regarding either: (i) the application of accounting principles, (ii) the type of audit opinion that might be rendered by Exelient or (iii) any other matter that was the subject of disagreement between the Company and its former auditor as described in Item 304(a)(1)(iv), or a reportable event as described in paragraph 304(a)(1)(v), of Regulation S-K. The Company did not have any disagreements with Exelient and therefore did not discuss any past disagreements with Audit Alliance.