Strategic Partnership Between Zhongshen Zhonghuan and Mazars
Mazars celebrated a new milestone after the successful partnership with Chinese accounting firm, Zhongshen Zhonghuan, during the Mazars Group Combination Press Conference at The Peninsula Beijing.
This partnership brings together more than 3,500 professionals from 28 offices across mainland China, allowing Zhongshen Zhonghuan to leverage on Mazars' international platform to receive information and resources seamlessly across national borders. It also becomes the only member firm of Mazars in China, with the most employees and largest scale among all other 79 member firms worldwide.
Zhongshen Zhonghuan will use "中审众环" and "Mazars" as its Chinese and English names respectively, and a new logo and visual image has also been launched.
This event was attended by ZhongShen ZhongHuan Chief Partner and Mazars Group Executive Board Member, Shi Wenxian, Chairman of Mazars Group, Philippe Castagnac, and Co-Managing Partner of Mazars in China and French Foreign Trade Advisor, Julie Laulusa.
According to Shi Wenxian, this partnership will enhance Zhongshen Zhonghuan's capability in helping Chinese enterprises go global, and also ensure that reliable services will be provided for entry into the Chinese market.
Philippe Castagnac also noted that this partnership is well-timed with an increasing number of Chinese enterprises going global, the widening of the Chinese market and the implementation of the Belt and Road Initiative. With their rich experience in providing cross-border services, Zhongshen Zhonghuan will be able to provide professional support to both domestic and foreign clients.
About Zhongshen Zhonghuan:
Zhongshen Zhonghuan comes from the combination between Union Power and China Audit Asia Pacific. Founded in 1987, the predecessor of Zhongshen Zhonghuan was among the first accounting firms to have securities, futures-related business and financial audit qualifications. In accordance with the relevant provisions by the Ministry of Finance, it restructured into a special general partnership as a large professional services group with multiple qualifications and comprehensive service. Zhongshen Zhonghuan is ranked 13th according to the overall evaluation for Chinese accounting firms by the Chinese Institute of Certified Public Accountants and rated top 10 in the brand domestic firms.
Mazars is an international, integrated and independent organisation, specialising in audit, accountancy, advisory, tax and legal services. As of 1 January 2017, Mazars operates throughout the 79 countries that make up its integrated partnership. Mazars draws upon the expertise of 18,000 women and men led by 950 partners. We assist clients of all sizes, from SMEs to mid-caps and global players as well as start-ups and public organisations, at every stage of their development.