Since the beginning of the year, more than ten accounting firms have been fined.

In just over half a month since the start of 2026, more than 10 accounting firms have been collectively penalized. According to the latest disclosure from the Shenzhen Stock Exchange, Rongcheng Accounting Firm and Zhitong Accounting Firm issued multiple false audit reports for Hongxiang Stock, resulting in criticism for 2 accounting firms and 5 registered accountants. In April 2024, Hongxiang Stock was found to have committed financial fraud and issued false financial statements, with a total of approximately 1 billion yuan in inflated revenue over 6 years. Recently, another accounting firm was also penalized for similar reasons. It was revealed that ZTE Huazhong Accounting Firm issued multiple false audit reports for Taian Tang, which was delisted in early July 2024 after being found to have committed financial fraud for several consecutive years prior to delisting. Why have the "gatekeepers" repeatedly failed in their responsibilities? Wind statistics show that a total of 16 accounting firms have been penalized this month, including Tianjian Accounting Firm, Dahua Accounting Firm, and ZTE Caiguanghua Accounting Firm in addition to the aforementioned organizations. Analysis reveals that many accounting firms have been penalized due to financial fraud related to their A-share client companies.