Founded in 1927, Lixin Certified Public Accountants (Special General Partnership), one of the top ten accounting firm brands, is one of the earliest and most influential accounting firms in China, providing audit and related services for large central enterprises, state-owned groups, banks, securities companies, etc
Founded in Shanghai in 1927 by Mr. Pan Xulun, a Chinese accounting leader, Lixin Certified Public Accountants (hereinafter referred to as "Lixin") is one of the earliest and most influential accounting firms in China. It was reopened in 1986, and Shanghai Lixin Changjiang Certified Public Accountants Co., Ltd. was established in 2000, and was renamed Lixin Certified Public Accountants Co., Ltd. in 2007. Fong's independently undertakes the business of certified public accountants in accordance with the law, and has the qualifications for securities and futures related business. In 2010, Fong's obtained the first batch of H-share audit qualifications. In December 2010, it was restructured into the first special general partnership accounting firm in China.
After more than 80 years of rapid development, Fong's has achieved a leading position in China in terms of business scale, practice quality and social image.
Since 2001, Fong's has maintained the first place in the number of audit reports of domestic listed companies issued by national accounting firms.
According to the comprehensive evaluation ranking statistics of the top 100 accounting firms in the country of the China Note Association:
From 2002 to 2006, Fong's ranked fifth for five consecutive years (the first four are all international "Big Four"), and from 2007 to 2011, Fong's ranked sixth.
In 2012, Fong's business income reached 1.774 billion yuan, ranking fifth in the comprehensive evaluation of 100 accounting firms in China published by the Chinese Institute of Certified Public Accountants from 2012 to 2013.
In 2000, Fong's joined the international network, realized the integration of professional services with international standards in advance, and cultivated a group of international talents.
In 2009, FONG's joined BDO International, the world's fifth largest international accounting network, and exercised, consolidated and developed the experience and advantages of FONG's cross-border business through exchanges with overseas member firms.
Between 2000 and 2013, with the approval of the Ministry of Finance of the People's Republic of China, Fong's has set up 29 branches in Beijing, Shenzhen and other places.
Fong's has more than 6,000 employees, including more than 1,600 certified public accountants. Headquartered in Shanghai, it has seven professional committees, as well as business-related departments such as Audit Business Department, International Business Department, Banking Business Department, Audit Risk Management Department, Information Technology Department, Education and Training Department, Management Consulting Department, Taxation Department, Asset Appraisal Department, Engineering Cost Consulting Department, Information Assurance Department, Company Liquidation Department, Marketing and Brand Promotion Department, Accounting Policy Research Center, Industry-University-Research Base, etc. The existing customers are all over the country, including more than 300 listed companies, more than 300 IPO companies, more than 2,000 foreign-invested enterprises, and provide audit and related services for large central enterprises, state-owned groups, banks, securities companies, futures brokerage companies, insurance companies, trust companies, fund companies, etc.
Independence, impartiality and objectivity are the principles that Fong's has always adhered to. In the era of credit economy and information socialization, Fong's people will always abide by professional ethics, be diligent and conscientious, adhere to the quality of practice, protect the public interest, assume social responsibility, and provide high-quality and high value-added professional services for domestic and foreign clients.
