According to CCTV News, on April 10, 2026, the Ministry of Finance issued an administrative penalty decision against Zhongxingcaiguanghua Certified Public Accountants.

The penalty announcement states that since June 2025, the Ministry of Finance has organized an inspection team to conduct a quality check on the firm's professional practices and extended the inspection to related enterprises.

The investigation found that Zhongxingcaiguanghua had quality issues in its professional practices across multiple audit projects. These included problems with the financial statement audits of three "Dongxu Group" companies: Dongxu Group Co., Ltd., Dongxu Optoelectronics Technology Co., Ltd., and Dongxu Blue Sky New Energy Co., Ltd. These three companies were previously heavily penalized by securities regulators for illegal activities such as financial fraud and fraudulent issuance.

During the investigation, the Ministry of Finance and the China Securities Regulatory Commission (CSRC) communicated closely and strengthened their collaboration by sharing information and consolidating their efforts. Based on the issues identified, both the Ministry of Finance and the CSRC issued administrative penalty decisions in accordance with the Certified Public Accountants Law and the Securities Law, respectively.

The two departments imposed a total of 252 million yuan in fines and confiscated gains on Zhongxingcaiguanghua. The Ministry of Finance also issued a warning to the firm and suspended its business operations for one year. Additionally, warnings were issued to 16 signing certified public accountants, who were also subject to administrative penalties, including suspensions from practice ranging from one month to one year.