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Nongfu Shop Digital New Retail Co., Ltd (NFSN): material weakness open at least 2,128 days

By , Ctrl Worx™. Built from its own SEC filings. How the Clock works.

Nongfu Shop Digital New Retail Co., Ltd reported ineffective internal control over financial reporting because of a material weakness in 6 filings since May 21, 2021. It stated one or more material weaknesses in 11 more SEC filings that gave no conclusion on whether that control is effective. The latest was its 10-Q for the period ended Sep 30, 2025.

Ctrl Worx Watch List™ status

On the Clock
5.8 yearsopen since at least Dec 31, 2020
10-Q, Nov 19, 2025latest filing that reports the weakness. Read it on SEC EDGAR
#60 of 1,250on the Clock by time open, tied with 236 other companies that share its start date. See the Clock

Behind on filings: late notice for the year ended Dec 31, 2025, no report since Nov 19, 2025. No annual report of its own says the weakness is fixed.

Checked against SEC EDGAR: Oct 29, 2026 · Entry #10486

Filings with a weakness17
First in our dataMay 21, 2021
AuditorKCCW Accountancy Corp.

Causes the company named

Not described · 11Segregation of duties · 6Entity-level and governance · 6

Material weaknesses in internal controls over financial reporting exist but are not described in detail.

What the latest filing says

Based upon that evaluation, our management concluded that (i) there are material weaknesses in the Company’s internal controls over financial reporting, that the weaknesses constitute a “deficiency” which could result in misstatements of the foregoing accounts and disclosures that could result in a material misstatement to the financial statements for the period covered by this report that would not be detected, and (ii) accordingly, our disclosure controls and procedures were not effective as of September 30, 2025. Changes in Internal Control Over Financial Reporting. Subject to the foregoing disclosure, there were no changes in our internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. 15 Table of Contents [...]

From the controls section of the 10-Q filed Nov 19, 2025. Read the full filing on SEC EDGAR.

Company response: Nongfu Shop Digital New Retail Co., Ltd can send a statement or a link to its remediation update to russell@ctrlworx.com. We post it here, unedited and dated.

Filings

FiledFormPeriodControlsCausesFiling
Nov 19, 202510-QSep 30, 2025Material weakness stated, no ICFR conclusionNot describedEDGAR
Aug 19, 202510-QJun 30, 2025Material weakness stated, no ICFR conclusionNot describedEDGAR
May 20, 202510-QMar 31, 2025Material weakness stated, no ICFR conclusionNot describedEDGAR
May 22, 202510-K/ADec 31, 2024Not effectiveSegregation of duties; Entity-level and governanceEDGAR
Apr 10, 202510-KDec 31, 2024Not effectiveSegregation of duties; Entity-level and governanceEDGAR
Nov 19, 202410-QSep 30, 2024Material weakness stated, no ICFR conclusionNot describedEDGAR
Aug 14, 202410-QJun 30, 2024Material weakness stated, no ICFR conclusionNot describedEDGAR
May 20, 202410-QMar 31, 2024Material weakness stated, no ICFR conclusionNot describedEDGAR
Apr 15, 202410-KDec 31, 2023Not effectiveSegregation of duties; Entity-level and governanceEDGAR
Nov 14, 202310-QSep 30, 2023Material weakness stated, no ICFR conclusionNot describedEDGAR
Aug 21, 202310-QJun 30, 2023Material weakness stated, no ICFR conclusionNot describedEDGAR
May 23, 202310-QMar 31, 2023Material weakness stated, no ICFR conclusionNot describedEDGAR
Apr 21, 202310-KDec 31, 2022Not effectiveSegregation of duties; Entity-level and governanceEDGAR
Nov 21, 202210-QSep 30, 2022Material weakness stated, no ICFR conclusionNot describedEDGAR
Aug 19, 202210-QJun 30, 2022Material weakness stated, no ICFR conclusionNot describedEDGAR
Mar 31, 202210-KDec 31, 2021Not effectiveSegregation of duties; Entity-level and governanceEDGAR
May 21, 202110-KDec 31, 2020Not effectiveSegregation of duties; Entity-level and governanceEDGAR

Others on the Clock in the same industry

By SEC industry code: 3714, Motor Vehicle Parts & Accessories, then related codes.

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Based on public SEC filings. Causes are grouped into standard categories by Ctrl Worx. The filings are the authority. Ctrl Worx is not affiliated with Nongfu Shop Digital New Retail Co., Ltd or the SEC. Not investment advice. Why you can rely on the Watch List.