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on september 19, 2024, vice minister of finance guo tingting met with mohamed kande, global chairman of pricewaterhousecoopers, at the ministry of finance.

commodus was deeply saddened by the illegal audit of pwc zhongtian evergrande real estate project, and expressed that pwc global supports pwc zhongtian in resolutely obeying and fully complying with the administrative penalty decision made by the ministry of finance. pwc global will formulate a comprehensive rectification plan with pwc zhongtian to resolutely correct deficiencies and effectively improve audit quality. commodity said that pwc is confident in the sustained growth and long-term development of china's economy and hopes to use its professional expertise and global network resource advantages to provide better services for china in attracting foreign investment and overseas investment cooperation.

guo tingting affirmed pwc's attitude of respecting supervision and accepting punishment, and hoped that pwc would raise awareness, learn lessons, strictly abide by chinese laws and regulations, take effective measures to increase rectification efforts, and adhere to integrity and quality first. continuously improve professional standards. guo tingting emphasized that the ministry of finance adheres to administration in accordance with the law and treats all accounting firms practicing in china, including the "big four", equally. the ministry of finance will continue to strengthen financial accounting supervision, increase the supervision and inspection of the professional quality of accounting firms, deal with and punish violations of laws and regulations in accordance with the law, maintain the order of financial auditing, and promote the healthy development of the cpa industry. guo tingting said that china will continue to create a market-oriented, legal and international first-class business environment and hopes that pwc will continue to play an active role in china's reform, opening up and high-quality development.

relevant responsible comrades from the supervision and evaluation bureau, accounting department, international economic relations department, and chinese institute of certified public accountants attended the meeting.