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Reanda is registered with the Chinese Institute of Certified Public Accountants (CICPA) as Reanda Certified Public Accountants Co., Ltd (hereinafter “Reanda”), which has registered capital of RMB 6 million, accumulated withdrawal of professional risk fund over RMB 10 million and accumulative compensation limit of professional liability insurance up to RMB 40 million. Reanda has the qualification approved by the Ministry of Finance and China Securities Regulatory Commission (CSRC) to audit the practicing securities and futures, the qualification approved by the Ministry of Finance (MOF) and People’s Bank of China (PBC) for financial audit, the qualification approved by the Chinese Institute of Certified Public Accountants (CICPA) and the State-owned Assets Supervision and Administration Commission of the State Council to audit large and super large state-owned enterprises (SOEs), the judicial authentication qualification approved by Beijing Justice Bureau, and the qualification by having registered with US PCAOB (Public Company Accounting Oversight Board) and CPAB (Canadian Public Accountability Board) to offer professional services for companies listed in security markets in North American countries such as the United States and Canada.

 

Since its foundation in 1993, Reanda has made considerable progress for 15 years, establishing 20 branches or strategic alliances in Harbin, Zhuhai, Shenyang, Changchun, Tianjin, Ji’nan, Shenzhen, Dalian, Changsha, Hangzhou, Zhengzhou, Chengdu, Shanghai, Qinhuangdao, Xiamen, Wuhan and other major cities. It has become one of the accounting group networks that have developed into a big scale, with a large number of customer networks that have high reputation in China and foreign counties. Its business income in 2007 touched over RMB 200 million, and ranked among top 10 national CPA firms.

 

Based on the principles of self-regulation, objectiveness, fairness, duty-based rather than profit-based high quality and efficiency, Reanda increasingly expedites its pace in the scale, standardized and international development, makes efforts to adapt itself to international CPA trade and cultivates a CPA team that are familiar with local and international accounting rules and auditing rules, especially in conveniently offering multiple and global professional services satisfactory to clients that enter the international capital market. Reanda continues to expand its service scope.