Da Hua is one of the first Chinese accounting firm founded along with the reform and open-up of China and the reconstruction of the CPA industry. In the October of 1985, as initiated by Shanghai Finance Bureau and Shanghai University of Finance and Economics, Prof. Lou Erxing and Prof. Xu Zhengdan, two highly-recognized masters in the accounting sector, co-founded Da Hua, and led the firm to a steady development track by the spirit of professionalism and devotion.
Da Hua decoupled from Shanghai University of Finance and Economics in 1998 for the purpose of restructuring, as required by relevant national policies, and earned a good reputation in China's capital market following specialization and marketization. After that, the total assets scale of the listed companies audited by Da Hua ranked first in China for three years in a row.
In 2009, in response to the government instruction to achieve the goal of improving the size and quality of CPA teams, some top accounting firms in China were merged to strength the comprehensive service capability and quality. The brand of "Da Hua" was reenabled in 2011 accordingly. It completed its transformation to a limited liability partnership in 2012, and then joined the global network of Moore Global in 2013.
Adhering to its strategy of professionalization, diversification and internationalization, Da Hua has developed to a comprehensive service brand with market influence and reputation. In the annual Top 100 Accounting Firms announced by the CICPA, Da Hua has ranked among the top 10 for 10 consecutive years.
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“A single log cannot build a mansion, nor can a stream fill the ocean.” Da Hua is committed to aligning its professional capacity, diversified services and international influence with the economic developments of China, by taking its development philosophy of “keeping professional and serving the country, the society and the employees,” as well as adhering to its values – “honesty, cooperation, preciseness, and respect.”
With a strong presence deeply rooted in China over three decades, Da Hua is recognized as a reliable leading CPA firm for its superior services and compliant operations.
As a key member of Moore Global, Da Hua leverages its global network to support and serve more Chinese companies to go global under the Belt and Road initiative.
Looking forward, Da Hua is determined to consistently assume its social responsibility and foster professional talents. While delivering accurate, efficient and practical services, we aim to win the future together with our clients and fulfill our shared ambition for great rejuvenation.
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