Dahua Certified Public Accountants (Special General Partnership) Hunan Branch

Dahua Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Dahua") (formerly "Dahua Certified Public Accountants Co., Ltd.") is one of the eight largest accounting firms in China, one of the first domestic firms approved to engage in H-share listing audit qualifications, and a pilot firm for the group-based development of large accounting firms by the Ministry of Finance. In accordance with the spirit of the notice issued by the Ministry of Finance and the State Administration for Industry and Commerce on the issuance of the Interim Provisions on Promoting Large and Medium-sized Accounting Firms to Adopt the Special General Partnership Organizational Form (Cai Kuai [2010] No. 12), Dahua Certified Public Accountants Co., Ltd. was restructured into Dahua Certified Public Accountants (Special General Partnership) as required by the document. Dahua Certified Public Accountants' business revenue in 2018 was RMB 1.99 billion. Dahua has a total capital contribution of RMB 20.1 million, with its headquarters in Beijing. It has established branches in 29 central cities including Shenzhen, Shanghai, Wuhan, Hohhot, Guangzhou, Changchun, Shenyang, Zhuhai, Nanchang, Xi'an, Hefei, Hangzhou, Dalian, Zhengzhou, Changsha, Taiyuan, Nanjing, Kunming, Jinan, Chengdu, Haikou, Suzhou, Chongqing, Xiamen, Urumqi, Lhasa, Guiyang, Nanning, and Tianjin, and has multiple affiliated institutions in Hong Kong, Singapore, and other places. Dahua has a team capable of providing highly professional services. As of December 2018, it had more than 5,300 employees, including more than 1,400 with Chinese Certified Public Accountant qualifications, among whom more than 700 certified public accountants have over 5 years of audit experience; approximately 100 professionals with CPA qualifications from developed countries such as the United States, the United Kingdom, and Australia who can provide international business services; 16 experts who have been awarded the title of "China Certified Public Accountant Industry Reserve Talent"; and more than 100 renowned outstanding business experts from inside and outside the industry. These experts have industry-leading levels in financial accounting, auditing, taxation, corporate governance and strategic management consulting, internal control, risk management, comprehensive budget management, corporate mergers and acquisitions and restructuring, IT auditing, and international business. Many members of Dahua's management team and expert team hold doctoral and master's degrees. At the same time, Dahua also has cooperation with Shanghai University of Finance and Economics, Dongbei University of Finance and Economics, and other institutions in talent and professional research, thereby forming a strategic cooperative relationship with the renowned Shanghai University of Finance and Economics and Dongbei University of Finance and Economics as professional academic support. Dahua Certified Public Accountants (Special General Partnership) Hunan Branch was established in October 2012, approved by the Hunan Provincial Department of Finance, approval document number: Xiang Cai Kuai Han [2012] No. 16, Unified Social Credit Code: 9***********16904G. Executive partner of the branch: Chen Changchun. It currently has 112 on-the-job employees, with undergraduate degree holders accounting for 80% of the total number of the company, including 54 certified public accountants and 55 other practitioners. It has undertaken audit business for large enterprises such as Hunan Haili Chemical Industry Co., Ltd. (listing code: 600731), Guangdong Tianlong Ink Group Co., Ltd. (listing code: 300063), Beihai Galaxy Industry Investment Co., Ltd. (listing code: 000806), Hunan Tianrun Chemical Co., Ltd. (listing code: 002113), Hunan Zhongpu Lightning Protection Co., Ltd. (New Third Board code: 831811), Hunan Yongsheng New Materials Co., Ltd. (New Third Board code: 832005), Changfeng Group Co., Ltd., Hunan Tobacco Company Changsha Company, Hunan Provincial Transportation and Water Conservancy Construction Group Co., Ltd., Hunan Road and Bridge Construction Group Co., Ltd., Zhuzhou Yunlong Development Investment Holding Group Co., Ltd., etc. In the audit process, in the spirit of objective, fair, and just service, it has won unanimous recognition and praise from customers. Dahua has a complete range of business qualifications. It can not only engage in audits of domestic listed companies, audits of super-large central and local state-owned enterprises, and audits of large financial and insurance enterprises, but is also recognized by PCAOB and has the qualification to practice audit business for US listed companies. In 2010, it obtained the audit business qualification for H-share listed companies. In 2018, it ranked 8th among the top 100 accounting firms in comprehensive evaluation. The company has more than 10,000 perennial audit clients. Its business scope includes audit and assurance, management consulting, asset valuation, engineering consulting, tax services, etc. Its service targets are mainly listed companies, large state-owned enterprises, financial and insurance enterprises, foreign-invested enterprises, etc., involving multiple industries such as aviation, finance, electronics, electric power, chemicals, papermaking, tourism, real estate, telecommunications, transportation, energy, machinery, agriculture, forestry, catering, food, hotels, and pharmaceuticals, and it has repeatedly accepted commissions from government departments and international organizations to undertake other special-purpose audits. The firm's business revenue from 2012 to 2018 was all above RMB 1 billion. Dahua adheres to the corporate purpose of planning the future from a new starting point, carrying out work at high standards, and achieving high-level scientific development. It adheres to the internal management concept of "people-oriented, striving for excellence," builds a "standardized, coordinated, and efficient" integrated management mechanism, aims to safeguard public interests, establishes an effective internal management system, comprehensively improves the level of practice, and strives to build a brand firm that is recognized by the industry, trusted by society, standardized in management, and first-class in service, wholeheartedly providing society with high-quality and efficient professional services, inheriting Dahua's excellent culture, and recreating the glory of a national accounting brand.