The strategic cooperation signing ceremony between SBA Stone Forest and Lujiazui International Accounting Center was successfully held at Shanghai Tower on 27 July 2023. The ceremony garnered the presence of esteemed dignitaries Yuan Yefeng, Deputy Director General of China (Shanghai) Pilot Free Trade Zone Lujiazui Administration Bureau; Gu Lixia, Director of the Financial Accounting Division of Pudong New Area Finance Bureau; Ozgur Demirdoven, Global Commerce Executive VP of Allinial Global; and Abby Chee, APAC Regional Director of Allinial Global. Tan Lee Lee, the Head of China at SBA Stone Forest, and Wu Jianfeng, the Deputy Director of the Economic Development Division of Lujiazui Management Bureau, served as signatories representing their respective entities in the signing of the strategic cooperation agreement.
At the signing ceremony, Yuan Yefeng, Deputy Director General of China (Shanghai) Pilot Free Trade Zone Lujiazui Administration Bureau; Mark Koziel, President, and Chief Executive Officer of Allinial Global; and Tan Lee Lee, Head of China at SBA Stone Forest delivered speeches that celebrated the successful collaborative achievement between the two parties.
According to the cooperation agreement, both parties will uphold the principles of "information sharing, platform construction, and shared development." They will jointly establish an information sharing mechanism, a brand promotion matrix, and a professional service platform, fostering mutual collaboration.
Following the conclusion of the signing ceremony, Ozgur Demirdoven, Global Commerce Executive VP of Allinial Global, presented the strategic development plan of Allinial Global to give an overview of the organisation’s strategic direction and future endeavours.
Vicky Wei, Head of Accounting & Advisory (Shanghai) of SBA Stone Forest, presented the developmental trajectory of SBA Stone Forest and launched a comprehensive “International Business Advisory Services,” a one-stop solution aimed at facilitating seamless navigation for overseas ventures.
The strategic cooperation holds significance not only for the mutual development of both entities but also for the advancement of the entire industry. In an era characterised by globalisation and digitisation, the market environment and challenges have grown considerably. By harnessing their respective resources and professional capabilities, both parties are poised to make substantial contributions towards fostering innovation and elevating the accounting industry, working closely together for shared development objectives.
About the signing parties:
SBA Stone Forest is a corporate advisory and public accounting group, operating as a wholly-owned subsidiary of the RSM Stone Forest group in Singapore. As a member of the Allinial Global network, SBA Stone Forest has a global reach of over 868 locations in 99 countries, including more than 60 firms across China, and are well-positioned to support enterprises within and outside China.
Lujiazui International Accounting Center holds a significant position as an exchange platform in the accounting field in China. It integrates various functions, including resource aggregation, industry services, business exchanges, and the integration of party building initiatives. The center is dedicated to facilitating the introduction and gathering of high-level accounting service institutions. It provides specialised and personalised support schemes to assist with the settlement and development of accounting service institutions. Moreover, its endeavours are geared towards fostering flagship institutions based in China with a global outlook, thereby contributing to the heightened concentration and development of the industry.