Chinese public companies struggle to respond to regulatory accounting inquiries within compliance deadlines

Chinese listed companies face urgent pressure to prepare detailed, accurate responses to regulatory information disclosure inquiries from auditors (like KPMG) regarding annual reports. These responses require coordinating between company finance teams and external auditors, navigating complex accounting standards, and meeting strict submission deadlines—delays risk regulatory penalties and stock exchange sanctions. Current solutions rely on manual coordination and fragmented communication between internal teams and external audit firms.