Zhonghui Group

What Zhonghui Group does

Zhonghui Group (中汇) is a large-scale comprehensive professional services organization headquartered in Hangzhou, China, operating as a special general partnership (中汇会计师事务所（特殊普通合伙）). The firm delivers six core service lines: audit, tax, engineering consulting, risk management and IT consulting, innovation services and financial outsourcing, and Going Global services supporting Chinese enterprises' overseas investment. It serves large and mid-market enterprise clients across regulated verticals including real estate and construction, financial services, energy and resources, healthcare, government and public affairs, science and technology, environmental management, culture and entertainment, leasing and business services, and transportation and logistics. The engineering consulting practice holds Class A qualifications approved by the Ministry of Construction for engineering cost consultation, engineering consultation, and pre-final accounts review.

Zhonghui operates a national distribution footprint of 28+ Chinese cities plus international offices in Hong Kong and Los Angeles (Irvine, CA), with full-service coverage of tier-1 commercial centers including Beijing, Shanghai, Shenzhen, Guangzhou, and Hangzhou. The firm is staffed by over 3,000 professionals (average age 28), including 700+ certified CPAs, tax agents, and cost engineers. Zhonghui has been a member of Kreston International since 2004 — one of the world's largest accounting networks spanning 125 countries, 200 member firms, and 25,000 professionals — and is the sole Chinese member of the International Tax Specialist Group (ITSG) since 2016. It has additionally signed cooperation agreements with IPA Group (2026) for Australian-British qualification pathways and with Capital University of Economics and Business (2026) for an industry-academia-research base.

The firm's revenue model is professional services fees, earned on a per-engagement basis through direct enterprise client relationships delivered via its own branch network. Pricing is set through engagement scoping rather than disclosed publicly, consistent with Chinese accounting and consulting firm practice. The firm has been designated a pilot firm by the CPC Ministry of Finance Party Committee for integrating Party-building work with accounting firm management, reflecting its regulatory standing. Zhonghui markets through WeChat official accounts, email newsletters (中汇资讯速递, 中汇税讯速递), research publications (中汇研究, 汇萃堂 internal forum), and industry events. The firm is privately held as a partnership with no external investment disclosed in the available source material.

Name

Zhonghui Group

Legal name

中汇会计师事务所（特殊普通合伙）

Website

https://zhcpa.cn

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Zhonghui Group (中汇) is a Hangzhou-headquartered Chinese professional services partnership delivering audit, tax, engineering consulting, risk management/IT consulting, innovation/financial outsourcing, and Going Global services to enterprise clients across 28+ Chinese cities plus Hong Kong and Los Angeles. It employs 3,000+ professionals including 700+ certified staff and is a member of Kreston International and ITSG.

Ownership category

akta.pro rank

Headquarters

HQ city

Hangzhou

HQ country

China

HQ region

Asia

Offices28 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Professional Services Fees: Zhonghui generates revenue through fees for professional services including audit, tax advisory, engineering consulting, risk management and IT consulting, and innovation services/financial outsourcing. Revenue is earned on a per-engagement basis, typical for accounting and consulting firms.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Zhonghui Group is a Chinese professional services partnership that delivers audit, tax, engineering consulting, risk management and IT consulting, innovation services and financial outsourcing, and "Going Global" outbound investment advisory services to enterprise clients. Engagements are staffed by certified professionals (CPAs, tax agents, cost engineers) and delivered through a national branch network of 28+ cities in mainland China plus offices in Hong Kong and Los Angeles. The firm is a member of the global accounting network Kreston International (since 2004) and the International Tax Specialist Group ITSG (since 2016).

Product overview

Zhonghui Group is a large-scale comprehensive professional service organization in China offering six core service lines: Audit Services, Tax Services, Engineering Consulting, Risk Management & IT Consulting, Innovation Services & Financial Outsourcing, and Going Global Services. The firm operates across multiple industry sectors including real estate, consumer goods, financial services, energy, healthcare, government, environmental management, culture/sports/entertainment, leasing/business services, transportation/logistics, and general categories.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit Services (审计) Capital market and statutory audit services delivered with a risk-oriented audit philosophy and international audit control systems. Targeted at enterprises requiring financial statement audit, capital market audit, and statutory compliance audit, including cross-border engagements via Kreston International.
• Tax Services (税务) Client-needs-oriented tax services covering tax advisory, tax compliance, and international/cross-border tax consulting, supported by exclusive-for-China membership in ITSG since 2016. Targeted at enterprises with domestic and cross-border tax compliance and planning needs.
• Engineering Consulting (工程咨询) Engineering cost consultation, engineering consultation, and engineering pre-final accounts review, delivered under Class A qualifications approved by the Ministry of Construction. Targeted at real estate, construction, and infrastructure project owners needing cost control and pre-final accounts review.
• Risk Management & IT Consulting (风险管理与IT咨询) Management consulting focused on helping clients understand their business environment and future direction, formulating unique consulting solutions and assisting with implementation. Targeted at enterprises requiring enterprise risk management, internal control, and IT-related consulting.
• Innovation Services & Financial Outsourcing (创新服务与财务外包) Consulting and outsourcing team dedicated to helping clients achieve sustainable growth through innovative services and financial outsourcing. Targeted at enterprises seeking outsourced finance function support and innovation-led advisory.
• Going Global Services (走出去服务) Advisory supporting Chinese enterprises in international business development and overseas investment and financing, leveraging Hong Kong and Los Angeles offices plus Kreston International and ITSG international networks. Targeted at Chinese enterprises pursuing cross-border investment, overseas financing, and outbound market entry.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• Capital University of Economics and Business (首都经济贸易大学)minorStrategic or Co-development Partner · 12 June 2026Zhonghui and Capital University of Economics and Business signed a产学研基地 (industry-academia-research cooperation base) agreement. The partnership focuses on joint talent cultivation, practical skills development, and research collaboration in taxation and professional services, leveraging the university's academic strength and Zhonghui's industry expertise.
• IPA Group (公共会计师协会集团)minorStrategic or Co-development Partner · 1 January 2026Zhonghui Tax entered a strategic cooperation with IPA Group, which encompasses Australian and British professional accounting bodies and is a member of the International Federation of Accountants. The partnership provides Zhonghui Tax with access to dual Australian-British qualification pathways, employer accreditation, and professional development resources for its team.
• ITSG (International Tax Specialist Group) - 国际税务专家联盟coreStrategic or Co-development Partner · 1 January 2016Zhonghui Tax joined ITSG in 2016 as the only member organization in China. This membership enhances Zhonghui's international tax capabilities and provides access to global tax expertise and cross-border tax advisory resources.
• Kreston International (克瑞斯顿国际)coreStrategic or Co-development Partner · 1 January 2004Zhonghui joined Kreston International in 2004, becoming part of one of the world's largest accounting networks with presence in 125 countries, 200 member firms, and 25,000 professionals. This membership provides Zhonghui with international referral capabilities, cross-border service delivery support, and participation in global professional standards and knowledge sharing.

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• ShineWing (信永中和): ShineWing is a large Chinese accounting and consulting network offering audit, tax, and advisory services across China with international affiliations. It is comparable to Zhonghui as a similarly scaled domestic top-tier accounting firm competing for the same mid-to-large enterprise audit and tax mandates.
• RSM China: RSM China is part of the RSM International network, offering audit, tax, and consulting services across China. Comparable to Zhonghui as a similarly positioned mid-tier international accounting network member targeting mid-market and large enterprises.
• Grant Thornton China (致同): Grant Thornton China is a member of Grant Thornton International, delivering audit, tax, and advisory services to Chinese enterprises. It is comparable to Zhonghui in scale, service mix, and target enterprise client base, both operating as mid-tier international network members in China.
• Crowe China (大信): Crowe China (大信) is the Chinese member of Crowe Global, delivering audit, tax, and advisory services. Comparable to Zhonghui as a similarly positioned international network member serving mid-to-large enterprise clients in China.
• PKF China: PKF China is part of the PKF International network, providing audit, tax, and consulting services to enterprises in China. Comparable to Zhonghui as a similarly positioned international accounting network member with overlapping service lines and enterprise client base.
• Pan-China CPA (天衡): Pan-China CPA (天衡) is a large Chinese accounting firm providing audit, tax, and consulting services across China. Comparable to Zhonghui in service mix and target enterprise clients within the domestic mid-tier audit market.
• Da Hua CPA (大华): Da Hua CPA is one of China's large domestic accounting firms offering audit, tax, and advisory services. Comparable to Zhonghui as a similarly scaled domestic player competing for enterprise audit and advisory work, though without a comparable international network footprint.
• Baker Tilly China (天健): Baker Tilly China (天健) is a major Chinese accounting firm affiliated with Baker Tilly International, providing audit, tax, and consulting services. Comparable to Zhonghui in scale, service breadth, and enterprise client focus within the domestic mid-tier accounting market.
• BDO China (立信): BDO China is the Chinese member of BDO Global, providing audit, tax, and advisory services to enterprises across China. It directly competes with Zhonghui for enterprise audit, tax, and consulting work in a similar customer segment.

Emerging players

• Mazars China: Mazars is an international audit and advisory network with a presence in China offering audit, tax, and consulting services. Comparable to Zhonghui in service lines, though typically with a smaller mainland footprint and more cross-border-focused engagement profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zhonghui Group