Core Viewpoint - The 2025 China International Service Trade Fair opened in Beijing, highlighting the launch of a joint initiative aimed at supporting Chinese enterprises in their global expansion through professional services [1][2] Group 1: Joint Initiative - The initiative, led by the Australian CPA, involves 10 leading domestic and international accounting firms, focusing on two main objectives: providing professional services such as cross-border auditing and tax consulting to support Chinese enterprises going global, and fostering a talent pool with global vision and cross-border capabilities [1] - The initiative aims to strengthen the intellectual foundation of enterprises' globalization strategies by cultivating professionals with ethical leadership [1] Group 2: Support for Chinese Enterprises - The Chairman of Deloitte China emphasized the need for professional service institutions to navigate compliance, mergers, and tax challenges faced by Chinese enterprises during their global expansion [1] - Deloitte plans to leverage its global resources, covering 150 markets, to offer comprehensive services ranging from strategic consulting to risk management [1] Group 3: Collaboration and Development - The Australian CPA has set up a core exhibition space at the Australian National Pavilion to showcase its capabilities in cross-border service support and professional talent development [2] - Future initiatives will include industry forums, collaborative research, and shared educational resources to enhance cooperation between China and Australia in the professional services sector [2]

Core Points - The 2025 China International Service Trade Fair (CIFTIS) opened on September 10, 2023, with the theme "Digital Intelligence Leading, Service Trade Renewed," aligning with the trends of digitalization, intelligence, and greening in service trade [1] - The fair attracted participation from over 70 countries and international organizations, with nearly 2,000 enterprises, including around 500 Fortune Global 500 companies, showcasing a strong global presence [2] - The event serves as a significant platform for cultural "going out," with companies like 37 Interactive Entertainment demonstrating successful international strategies in the gaming sector [3] - The fair is recognized as a national-level window for technology and cultural integration, facilitating international cooperation and promoting Chinese culture abroad [4] - Innovations such as the "immediate refund" tax service by Bank of China are enhancing inbound consumer potential, reflecting a shift towards digital trade and cross-border financial services [5] Group 1 - The CIFTIS emphasizes the importance of digitalization and intelligence in service trade [1] - Nearly 2,000 enterprises participated, including 500 Fortune Global 500 companies, showcasing a diverse international representation [2] - The fair highlights the trend of cultural "going out," with companies like 37 Interactive Entertainment leading in global gaming distribution [3] Group 2 - The event acts as a bridge for cultural exchange and cooperation, promoting Chinese culture through innovative products [4] - The introduction of "immediate refund" services by Bank of China is stimulating cross-border consumption and enhancing the service trade landscape [5]

Core Points - The 10th "Belt and Road" Forum opened in Hong Kong with over 90 officials and business leaders participating to explore new cooperation opportunities [1][2] - A total of 33 cooperation memorandums and agreements were signed on the first day, covering infrastructure, finance, and technology across various countries [2] - Hong Kong's trade with "Belt and Road" countries exceeded $276 billion last year, marking an 80% increase since 2013 [2] - Hong Kong has signed free trade agreements with 14 "Belt and Road" countries and investment agreements with about 20 [2] - The Northern Metropolis area in Hong Kong is being promoted as a future technology innovation center [2][3] Industry Insights - The forum serves as a crucial platform for dialogue and cooperation among stakeholders from "Belt and Road" countries, especially in the context of global economic instability [4] - Discussions focused on the latest policies and development opportunities related to the "Belt and Road" initiative, with participation from senior officials from Malaysia, Qatar, Uzbekistan, Kazakhstan, and Saudi Arabia [4] - The forum included project and trade matching sessions aimed at translating the "Belt and Road" initiative into actual economic cooperation [5] - A new "ASEAN Zone" was established at the forum to highlight recent projects from the 10 ASEAN member countries [5] - The report by Ernst & Young emphasized Hong Kong's evolving role from participant to key promoter and value adder in the "Belt and Road" initiative [6][7]

Group 1 - Australia has sent its largest-ever national delegation to the current service trade fair, highlighting its commitment to the event [1] - The Chinese service trade market is seen as a significant growth engine globally, with a projected service import and export total of 3.9 trillion RMB in the first half of 2025, reflecting an 8% year-on-year growth and a 15% increase in exports [1] - Knowledge-intensive and professional services are entering a golden development period in China, driven by the economy's shift towards innovation and high value-added services [1] Group 2 - China is not only a massive service consumption market but also an innovator in service trade models, collaborating with various countries in talent development [2] - The Australian Accounting Association is actively participating in initiatives to support Chinese enterprises going global, including partnerships with leading accounting firms to provide comprehensive professional support [2] - The Australian Accounting Association plans to support the long-term development of the Chinese accounting industry by enhancing member skills, leading industry changes, and attracting new talent [2]

中国高速传动(00658)发布公告，公司已邀请数间核数师事务所就公司核数师职位比选，最终三间事务 所已于规定期限前提交比选文件，经考虑及公司审核委员会推荐建议后，国卫会计师事务所有限公司 (国卫)已获委任为集团新任核数师，自2025年9月6日起生效，以填补公司核数师的临时空缺，任期直至 公司下届股东周年大会结束为止(委任)。 ...

Group 1 - The current auditor, Ernst & Young, will complete its term at the end of the upcoming shareholders' annual meeting on September 25, 2025 [2] - The board, upon the recommendation of the audit committee, has proposed that shareholders consider appointing Zhonghui Anda Certified Public Accountants as the new auditor [2] - The new auditor's term is set to last until the annual meeting in 2026 [2]

Group 1 - The New Cantonese Business Training Camp aims to support high-quality SMEs in Guangdong to grow through capital markets, focusing on financing and listing services [1] - The first session of the training camp took place on August 28-29, 2025, with over 40 representatives from specialized and innovative SMEs participating [1] - The training camp includes courses on capital market policies, listing planning, financial audits, investment strategies, and compliance operations to enhance understanding of Shenzhen Stock Exchange rules [1] Group 2 - Experts from various fields, including the Shenzhen Stock Exchange, brokerage firms, law firms, and accounting firms, provided specialized insights on topics such as talent development, enterprise incubation, and digital transformation [2] - The training included a presentation on the implications of the comprehensive registration system reform and actual listing cases to provide new perspectives for companies [1][2] - The camp is a public service initiative, with plans for future sessions to explore innovative service models tailored to the characteristics of high-quality enterprises [3]

Group 1 - The company Jilin Aodong announced the appointment of Beijing Dehao International Accounting Firm as the auditor for its 2025 financial report and internal control [2]

Core Viewpoint - The company has announced the resignation of its auditor, Ernst & Young, effective from August 27, 2025, following discussions regarding the proposed change of auditor [1] Group 1 - The board requested the resignation of Ernst & Young as the company's auditor [1] - The audit committee recommended the appointment of Baker Tilly as the new auditor to fill the vacancy left by Ernst & Young, effective from August 27, 2025 [1] - The term of the new auditor will last until the conclusion of the next annual general meeting of the company [1]

Group 1 - The UK government is facing significant fiscal pressure, with public borrowing reaching £60 billion, an increase of £6.7 billion compared to the previous fiscal year [1] - The net debt to GDP ratio has risen to 96.1%, up 0.5 percentage points from the same period last year [1] - Despite tax increases, government spending has risen more significantly, leading to ongoing fiscal challenges [1] Group 2 - Inflation in the UK has risen to 3.8% as of July, exceeding market expectations, which may further increase fiscal pressure [2] - The Bank of England is expected to maintain current interest rates due to rising inflation, complicating the government's interest burden [2] - The yield on UK government bonds has increased, with the 10-year bond yield reaching 4.7%, up 0.7% year-on-year [2] Group 3 - Market institutions are closely monitoring the upcoming autumn budget for potential tax increases, which could temporarily address fiscal gaps but harm long-term economic growth [3] - Business organizations are advocating against further tax burdens on companies, emphasizing the need for reduced operational costs to stimulate economic growth [3] Group 4 - The UK Treasury may consider tax cuts, which would increase short-term fiscal pressure but could benefit long-term economic growth [4] - Regardless of the chosen path, short-term fiscal pressures are expected to rise, potentially pushing government bond yields higher [4]