Information on Top 100 Chinese Accounting firms in 2016

1 Information on Top 100 Chinese Accounting firms in 2016 . (Released by CICPA on 12th January 2017). Name of Accounting Rank Comprehensive Business Business Business Other Penalties Reference Items firm Evaluation Income of Income from Income Indicators of and Score Accounting Other Index Comprehensive Disciplinary firm Business Evaluation Index Entities Operating under or with the Accounting firm Amount(Unit: Amount(Unit: Number of Business Business 10 Thousand 10 Thousand CPAs (Unit: Income per Income Yuan) Yuan) person) capita (Unit: per CPA. 10 (Unit: 10.))

2 Thousand) Thousand). PricewaterhouseCoopers 1. 0 1056 Zhong Tian CPA. Ruihua CPA 2 -10 2514 Deloitte Touche 3. Tohmatsu Huayong -6 852 CPA. BDO China Shu Lun 4 0 1939 Pan CPAs Ernst &Young Hua 5. -6 999 Ming CPA. KPMG Huazhen CPA 6 0 741 Pan-China CPA 7 0 1453 ShineWing CPA 8 0 1278 Baker Tilly China 9 0 943 Da Hua CPA 10 0 1114 Grant Thornton China 11 0 949 WUYIGE CPA 12 0 1127 Union Power CPA 13 0 737 Zhonghui CPA 14 0 448 Jonten CPA 15 0 566 Xinghua CPA 16 0 647 CHW CPA 17 0 690 Zhongxingcai Guanghua 18. 0 717 CPA. Zhongxinghua CPA 19 0 569 Talent CPA 20 0 308 Reanda CPA 21 -24 559 Jiangsu Suya Jincheng 22.

3 0 258 CPA. Zhonghua CPA 23 0 283 Huapu Tianjian CPA 24 0 365 China Audit Asia Pacific 25 0 443 CPA. Asia Pacific (Group) 26. 0 386 CPA. GP CPA 27 0 271 Beijing Yongtuo CPA 28 -4 409 Peking CPA 29 0 429 Xigema CPA 30 0 292 Jiangsu Gongzheng 31. 0 255 Tianye CPA. Zhongzhun CPA 32 0 410 Torch CPA 33 0 237 Beijing Zhongzheng 34. 0 315 Tiantong CPA. XLY CPA 35 0 173 Sichuan Huaxin (Group) 36. 0 244 CPA. Zhong Tian Heng CPA 37 0 223 Shanghai CPA 38 0 276 Tian Yuan Quan CPA 39 0 283 Zhongxi CPA 40 0 306 Fujian Huaxing CPA 41 0 204 Zhong Jian Hua CPA 42 -3 114 Xing Zhong Hai CPA 43 0 93 Beijing Dadi CPA 44 0 120 Chongqing Kanghua 45 0 85 CPA.

4 Zhejiang Tianping CPA 46 0 129 Tianjin Zhongshenlian 47. 0 159 CPA. Hexin CPA 48 -4 246 Tianjin Yitian CPA 49 0 138 Beijing Zhong Lu Hua 50. 0 224 CPA. Xinjiang Chiyuan 51. 0 69 TianHe CPA. Shaanxi Honwing CPA 52 0 25 Sichuan Zhongheng 53. 0 126 Anxin CPA. Zhejiang Zhicheng CPA 54 0 66 Zhong Zhong Yi 55. 0 84 (Guangxi) CPA. Shandong Tianyuan 56. 0 101 Tongtai CPA. Ningxia Tianhua CPA 57 0 34 Beijing Dongshen 58. Dingli International 0 71 CPA. Beijing Zhong Rui 59. -3 207 Cheng CPA. Zhongyi CPA 60 0 153 Jiangsu Tianhong 61 0 52 Huaxin CPA. Beijing Zhongguanghua 62.

5 0 22 CPA. Xinjiang Hong Chang 63. 0 81 Tian Yuan CPA. Qingdao Zhen Qing 64. 0 125 CPA (Group). Shanghai Hu-gang 65. 0 85 Jinmao CPA. Hunan Jianye CPA 66 0 114 Beijing Hongri CPA 67 -4 74 Hunan 68. 0 85 TianpingZhengda CPA. Hengxin Hongzheng 69. 0 94 CPA. Zhejiang Tongfang CPA 70 0 54 Hunan Xaiangneng 71. 0 54 Zhuoxin CPA. Zhejiang Nanfang CPA 72 0 64 Mazars China CPA 73 0 28 China Auditing 74. 0 66 International CPA. Shanghai Gong Xin 75. 0 69 CPA. Jiangsu Gongqin CPA 76 0 32 Hunan Youyi CPA 77 0 60 Nexia HDDY Shanghai 78. 0 108 CPA. Zhejiang Zhongxing 79.

6 0 33 CPA. Jiangsu Zhongxing CPA 80 0 19 Wuxi Fangsheng CPA 81 0 19 Xiang Hao CPA 82 0 101 Jiangsu Reanda 83. 0 17 Yongcheng CPA. Wuxi Baoguang CPA 84 0 32 Guangdong 85. 0 88 Zhongtianyue CPA. Jiangsu Jinling CPA 86 0 33 Suzhou Fangben CPA 87 0 66 Zhejiang Zhejingtiance 88. 0 67 CPA. Zhejiang Xinhua CPA 89 0 56 Yunnan Yongsheng CPA 90 0 73 Guangdong Sincere& 91. 0 53 Safe& Credit CPA. Chongqing Huaxi CPA 92 0 37 Hangzhou Fuchun CPA 93 0 22 Zhejiang Zhengjian 94. 0 29 CPA. Beijing Zhongpingjian 95. 0 111 Huahao CPA. Guangzhou 96. 0 33 Zhongzhixin CPA. Zhejiang Zhongming 97.

7 0 30 CPA. Shanxi Yiyou CPA 98 0 41 Sichuan Zhongfa CPA 99 0 90 Beijing Huashen CPA 100 0 73 Note: 1. Comprehensive evaluation score = Business income index + other indicators of comprehensive evaluation - penalties and disciplinary index (1) Business income index = [median business income of top 100 candidate firms + median business income of top 100 candidate firms (natural logarithm of the Accounting firm 's business income - natural logarithm of the median business income of top 100 candidate Accounting firms )] / Correction Factor (2) Business income = business income of the Accounting firm + business income from other business entities operating under or with the Accounting firm * 5%.

8 (3) Correction factor = highest business income score of the top 100 candidate Accounting firms (pre-adjusted) /1000. (4) Full Mark is 1000 each for business income index and comprehensive evaluation of other indicators index (5)Penalty and Disciplinary Index score is a deduction = [the number of criminal punishment, administrative punishment and professional punishment (or the number of staff being punished) * relevant score]. 2. The business income index is comprised of the previous year's business income of Accounting firm , audited and reported to CICPA, plus any Business Income from Other Entities Operating under or with the firm .

9 The business income of the Accounting firm refers to the business income of the Accounting firm and its branches generated in China Mainland, not including the business income generated by overseas branches of Accounting firms or overseas member firms of international Accounting networks created by Chinese Accounting firms . 3. The other indicators of comprehensive evaluation refer to indicators other than business income index and penalty and disciplinary index, including general operation standards, internal management, practice quality, human resource, international affairs, Information technology, social responsibility, awards and recognition.

10 4. Penalty and Disciplinary Index refer to the criminal or administrative penalties or disciplinary actions received by Accounting firms and CPAs in the practice during 2014 and 2015. 5. The number of CPAs is the official data Accounting firms reported in the professional management Information system by 31st December 2015. 6. Business income per capita = Business income of Accounting firm / the total number of staff in Accounting firm . 7. Business income per CPA = Business income of Accounting firm / the total number of CPAs in Accounting firm . 8. Beijing Dadi CPA merged with Beijing Jintai CPA in July, 2016 and is now renamed as Beijing Dadi Jintai CPA.