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]

Group 1 - The company announced the change of its accounting firm, appointing Sigma Accounting Firm (Special General Partnership) as the auditor for the 2025 financial report and internal control audit [1] - The company has communicated adequately with both the previous and the new accounting firms regarding this change, and both have acknowledged the matter without objection [1]

Group 1 - The core event of the news is the Fourth National Accounting Knowledge Competition, where Tianzhi International Accounting Firm achieved first place in the CPA and bookkeeping sectors, showcasing its leadership and talent development capabilities [1][2]. - The competition aims to promote the achievements of accounting reform and development, enhance knowledge of financial laws and regulations, and foster a compliant atmosphere within the industry [2]. - The competition consists of two stages, with the first stage involving preliminary selections organized by regional and industry authorities, leading to a national semi-final for the winning teams [2]. Group 2 - Tianzhi International's performance in the competition reflects its comprehensive strength in talent reserve, knowledge management, and professional development [3]. - The firm has established an effective system for professional training and talent development, adhering to the philosophy of "professionalism, talent empowerment, and people-oriented" [3]. - Tianzhi International plans to continue focusing on enhancing professional capabilities and expanding its talent pool, aiming to contribute positively to the high-quality development of the CPA industry in China [3].

Core Viewpoint - The case of financial fraud involving Zeda Yisheng has seen a significant development, with three intermediary institutions filing a lawsuit against 39 accomplices, marking a complete accountability loop in China's capital market for the first time [1][5][6]. Group 1: Background of the Case - Zeda Yisheng, under the service of Dongxing Securities, Tianjian Accounting Firm, and Kangda Law Firm, successfully listed on the STAR Market in June 2020, but was later found to have committed financial fraud [5]. - From 2016 to 2019, Zeda Yisheng inflated its revenue by 342 million yuan and profit by 187 million yuan, with further inflation of revenue and profit in 2020 and 2021 [5][6]. Group 2: Legal Actions and Financial Implications - The three intermediary institutions have initiated a lawsuit seeking a total of 372 million yuan in compensation from the 39 defendants, which includes 37 companies and 2 individuals [1][6]. - The compensation sought represents 95% of the 388 million yuan previously paid to investors by the intermediary institutions after their administrative penalties [8]. Group 3: Responsibility and Accountability - The lawsuit aims to clarify the responsibility chain, allowing intermediary institutions to pursue those who directly assisted in the fraud, aligning with the principle of fault liability in the Civil Code [6][10]. - The case signals a shift from punishing the end parties (listed companies/intermediaries) to targeting the source (trading partners), potentially disrupting the previous "subcontracting" of fraud [6][10]. Group 4: Challenges in Legal Proceedings - Key evidence for the intermediary institutions includes proving that the third parties were aware of Zeda Yisheng's fraudulent intentions and establishing a direct link between improper transactions and the fraudulent outcomes [8][9]. - The difficulty of providing sufficient evidence may impact the success of the claims, with expectations that third parties may only bear partial responsibility [8][9]. Group 5: Future Implications and Recommendations - If the intermediary institutions succeed in their claims, it could set a precedent for similar cases, reshaping market behavior and increasing the costs associated with financial fraud [10]. - Recommendations for enhancing the motivation of intermediary institutions to make advance payments include establishing industry mutual aid funds and simplifying the legal processes for claims [12][14].