DAXIN Certified Public Accountants LLP was established in Wuhan in 1945, and rebuilt in 1985. Wuhan is the start-up place of Mr. Wu Yinghao and Mr. Wu Yige as well as DAXIN. Natural moat changes the thoroughfare, with the objective condition of geographical advantages and opening up policy, subjective condition of DAXIN employees’ virtues of thrift and hard work, DAXIN has developed into a well-known accounting firms in China and created a glorious history of entrepreneurship.
In the September of 1945, Mr. Wu Yinghao established DAXIN Certified Public Accountants LLP, and served as chief accountant. The office located in Bank of Communications, third floor, Room 305 in Hankou Shengli Street, and the phone is 2561. It has a total of ten business: 1. undertaking registration of the company trade name; 2. Tax declaration agent; 3. Design accounting system; 4. Trademark registration; 5. Annual audit; 6. Perennial accounting adviser; 7. composing accounting business documents agent; 8. Liquidation of accounts; 9. Trust business agent; 10. Design short-term accounting training. Through the Chamber of Commerce, Mr. Wu Yinghao contact with businessmen and national industrial and commercial enterprises. Since the firm was established, its business developed rapidly. In Less than two years, DAXIN has become the leading accounting, audit service agencies in Wuhan. In the meantime, there were DAGONG, GONGZHENG and other accounting firms which have also set up in Wuhan, formed an intermediary service network.
In 1951, all industries was required by Wuhan tax authorities to establish and perfect the system of Double-entry accounting and unify the accounting system. In order to meet the requirements of the tax authorities, Mr. Wu Yinghao conferred the problem of construction of industrial and commercial enterprises and drafted the "basic accounting system" - which has got the approval of the tax authorities - with a number of accounting firms in Wuhan. Mr. Wu Yinghao published it continuously in his editor of the "DAXIN accounting monthly", and wrote articles to explain, as a result the "DAXIN accounting monthly" won a higher reputation inside and outside the industry.
At this point, Mr. Wu Yinghao finally established China's second "Trinity" (accounting firms, accounting schools, accounting journals) "Panche mode" accounting firm in the Chinese accountant community in Wuhan, following the Shanghai "LIXIN".
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