{"id":923426,"date":"2026-01-04T10:16:05","date_gmt":"2026-01-04T15:16:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/"},"modified":"2026-01-04T10:16:05","modified_gmt":"2026-01-04T15:16:05","slug":"sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/","title":{"rendered":"SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement<\/b><\/p>\n<p>BEIJING&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSinovac Biotech Ltd. (NASDAQ: SVA) (\u201c<b>SINOVAC<\/b>\u201d or the \u201c<b>Company<\/b>\u201d), a leading provider of biopharmaceutical products in China, today provided an update on the Antigua High Court\u2019s interlocutory order governing the Company\u2019s board composition and corporate actions pending trial, and announced the engagement of Zhonghua Certified Public Accountants LLP (\u201c<b>Zhonghua<\/b>\u201d), an affiliate of the global accounting network UHY International, as the Company\u2019s independent auditor and registered public accounting firm.<\/p>\n<p><b>Update on Antigua High Court Order<\/b><\/p>\n<p>\nFurther to the order issued by the Antigua High Court (the \u201c<b>Court<\/b>\u201d) previously disclosed by the Company in a press release dated December 17, 2025, the Court has updated its order to provide that directors Mr. Simon Anderson, Mr. Shan Fu, Mr. Shuge Jiao, Dr. Chiang Li, Mr. Yuk Lam Lo, Mr. Yumin Qiu, Mr. Yu Wang, Ms. Rui-Ping Xiao, Mr. Andrew Y. Yan and Mr. Weidong Yin (collectively, the \u201c<b>Board<\/b>\u201d), will comprise the Board of the Company until the trial listed in late April\/early May 2026. Ms. Rui-Ping Xiao has resigned from the Board due to personal reasons. Seven of nine of the Board members are independent and 100% of the members of the Company\u2019s Audit, Compensation and Nominating &amp; Corporate Governance Committees are independent.<\/p>\n<p><b>Update on Auditor Engagement<\/b><\/p>\n<p>\nThe Company further announced that the Audit Committee of the Board approved the engagement of Zhonghua as the Company\u2019s independent auditor effective December 31, 2025. The change was not made due to any disagreements with UHY\u00a0LLP. Zhonghua is a public accounting firm registered in the People\u2019s Republic of China and is also registered with the Public Company Accounting Oversight Board (PCAOB) in the United States. Zhonghua is a member of UHY International, one of the world\u2019s leading accounting networks; its engagement supersedes that of UHY LLP, which is part of the same global network.<\/p>\n<p>\nThis development follows the Company\u2019s previously announced update regarding auditor engagement and will support SINOVAC\u2019s continued focus on its financial reporting and audit workstreams. The Company remains committed to completing the requisite audit procedures and regulatory filings as expeditiously as practicable and seeks to maintain compliance with applicable U.S. SEC and Nasdaq requirements.<\/p>\n<p><b>Safe Harbor Statement<\/b><\/p>\n<p>\nThis announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;aim,&#8221; &#8220;estimate,&#8221; &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;believe,&#8221; &#8220;potential,&#8221; &#8220;continue,&#8221; &#8220;is\/are likely to&#8221; or other similar expressions. Such statements are based upon current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company&#8217;s or Board&#8217;s control, which may cause actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company&#8217;s filings with the U.S. Securities and Exchange Commission. The Company and Board do not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.<\/p>\n<p><b>About SINOVAC<\/b><\/p>\n<p>\nSinovac Biotech Ltd. (SINOVAC) is a China-based global biopharmaceutical company, with a mission of &#8220;supply vaccines to eliminate human diseases&#8221;, the company specializes in the research, development, manufacturing and commercialization of vaccines and related biological products that protect against human infectious diseases.<\/p>\n<p>\nThe company&#8217;s diversified portfolio includes vaccines for influenza, viral hepatitis, varicella, Hand-Foot-Mouth disease (HFMD), poliomyelitis, pneumococcal disease, etc., of which 3 vaccines have been prequalified by WHO, including inactivated hepatitis A vaccine Healive<sup>\u00ae<\/sup>, Sabin-strain inactivated polio vaccine (sIPV), and varicella vaccine.<\/p>\n<p>\nSINOVAC has a leading edge in developing vaccines to combat infectious disease outbreaks and was among the first to initiate R&amp;D during major public health emergencies, including SARS, H5N1, H1N1, and COVID-19. The company developed the world&#8217;s first inactivated SARS vaccine (Phase I completed), China&#8217;s first H5N1 influenza vaccine (Panflu<sup>\u00ae<\/sup>), the world&#8217;s first H1N1 influenza vaccine (Panflu.1<sup>\u00ae<\/sup>), and CoronaVac<sup>\u00ae<\/sup>, the most widely used inactivated COVID-19 vaccine globally.<\/p>\n<p>\nBeyond its marketed portfolio, the company is advancing a robust pipeline that includes combination vaccines, recombinant protein vaccines and next-generation platforms such as mRNA technologies and antibodies.<\/p>\n<p>\nWith a long-standing commitment to innovation and global health, SINOVAC is expanding its global footprint by strengthening partnerships with research institutions, international organizations, and local partners. Through broader market presence, technological cooperation, and localized production, the company aims to accelerate vaccine development and supply, enhance regional access to high-quality products, and better address unmet medical needs while improving preparedness for future pandemics.<\/p>\n<p>\nFor more information, please see the Company\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sinovac.com&amp;esheet=54387830&amp;newsitemid=20260104122574&amp;lan=en-US&amp;anchor=www.sinovac.com&amp;index=1&amp;md5=e432f2d7a759da27e437ed93804fe871\">www.sinovac.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260104122574r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260104122574\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260104122574\/en\/<\/a><\/span><\/p>\n<p>\nInvestor and Media Contact<br \/>\n<br \/>Sinovac Biotech Ltd.<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:ir@sinovac.com\">ir@sinovac.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> China Caribbean Antigua and Barbuda Asia Pacific<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Infectious Diseases Biotechnology Pharmaceutical Health<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement BEIJING&#8211;(BUSINESS WIRE)&#8211; Sinovac Biotech Ltd. (NASDAQ: SVA) (\u201cSINOVAC\u201d or the \u201cCompany\u201d), a leading provider of biopharmaceutical products in China, today provided an update on the Antigua High Court\u2019s interlocutory order governing the Company\u2019s board composition and corporate actions pending trial, and announced the engagement of Zhonghua Certified Public Accountants LLP (\u201cZhonghua\u201d), an affiliate of the global accounting network UHY International, as the Company\u2019s independent auditor and registered public accounting firm. Update on Antigua High Court Order Further to the order issued by the Antigua High Court (the \u201cCourt\u201d) previously disclosed by the Company in a press release dated December 17, 2025, the Court has updated its order to provide &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-923426","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement BEIJING&#8211;(BUSINESS WIRE)&#8211; Sinovac Biotech Ltd. (NASDAQ: SVA) (\u201cSINOVAC\u201d or the \u201cCompany\u201d), a leading provider of biopharmaceutical products in China, today provided an update on the Antigua High Court\u2019s interlocutory order governing the Company\u2019s board composition and corporate actions pending trial, and announced the engagement of Zhonghua Certified Public Accountants LLP (\u201cZhonghua\u201d), an affiliate of the global accounting network UHY International, as the Company\u2019s independent auditor and registered public accounting firm. Update on Antigua High Court Order Further to the order issued by the Antigua High Court (the \u201cCourt\u201d) previously disclosed by the Company in a press release dated December 17, 2025, the Court has updated its order to provide &hellip; Continue reading &quot;SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-04T15:16:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260104122574r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement\",\"datePublished\":\"2026-01-04T15:16:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\\\/\"},\"wordCount\":861,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260104122574r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\\\/\",\"name\":\"SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement - 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(NASDAQ: SVA) (\u201cSINOVAC\u201d or the \u201cCompany\u201d), a leading provider of biopharmaceutical products in China, today provided an update on the Antigua High Court\u2019s interlocutory order governing the Company\u2019s board composition and corporate actions pending trial, and announced the engagement of Zhonghua Certified Public Accountants LLP (\u201cZhonghua\u201d), an affiliate of the global accounting network UHY International, as the Company\u2019s independent auditor and registered public accounting firm. Update on Antigua High Court Order Further to the order issued by the Antigua High Court (the \u201cCourt\u201d) previously disclosed by the Company in a press release dated December 17, 2025, the Court has updated its order to provide &hellip; Continue reading \"SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/","og_site_name":"Market Newsdesk","article_published_time":"2026-01-04T15:16:05+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260104122574r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement","datePublished":"2026-01-04T15:16:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/"},"wordCount":861,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260104122574r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/sinovac-provides-update-on-antigua-high-court-order-and-auditor-engagement\/","name":"SINOVAC Provides Update on Antigua High Court Order and Auditor Engagement - 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