Industrial and Commercial Bank of China audit fee: 191 million yuan, China Construction Bank: 141 million yuan! The "Big Four" have disclosed 48 more A-share 2025 annual audit reports!

MaticHoleFiller · 2026-03-28T06:16:07+00:00

On March 28, 2026, the "Big Four" accounting firms issued 2025 audit reports for 48 A-share companies, all with unqualified opinions. Industrial and Commercial Bank of China and China Construction Bank renewed their engagement with Ernst & Young, paying audit fees of 191 million yuan and 140.96 million yuan respectively; Bank of Communications and Postal Savings Bank of China renewed their engagement with KPMG, paying 87.6 million yuan and 27.18 million yuan respectively. The audit fees and renewal statuses for each bank are now clarified.

MaticHoleFiller

2026-03-28 06:16:07

Abstract generation in progress

On March 28, 2026, the “Big Four” provided audit reports for the financial statements of 48 A-share companies, including Industrial and Commercial Bank of China (601398.SH), China Construction Bank (601939.SH), Bank of Communications (601328.SH), and Postal Savings Bank of China (601658.SH) for the year 2025, all of which received standard unqualified opinions.

Among them, Industrial and Commercial Bank of China paid Ernst & Young 191 million yuan in audit fees for the year 2025, while China Construction Bank paid Ernst & Young 140.96 million yuan in audit fees for the same year. At the same time, Ernst & Young was reappointed by both Industrial and Commercial Bank of China and China Construction Bank.

Bank of Communications paid KPMG 87.6 million yuan in audit fees for the year 2025, and Postal Savings Bank of China paid KPMG 27.18 million yuan in audit fees for the same year. KPMG was also reappointed by both Bank of Communications and Postal Savings Bank of China.

Details are as follows:

As of now, the audit report situation for A-share companies for the year 2025 provided by the “Big Four” accounting firms is as follows:

The audit fee situation and reappointment announcements for Industrial and Commercial Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China for the year 2025 are detailed below:

Industrial and Commercial Bank of China pays Ernst & Young 191 million yuan

According to the 2025 annual report of Industrial and Commercial Bank of China, the company paid Ernst & Young 191 million yuan in audit professional service fees for the year 2025.

On the same day, the announcement released by Industrial and Commercial Bank of China indicated that the company decided to reappoint Ernst & Young Hua Ming LLP as the domestic accounting firm for the bank for the year 2026 and reappoint Ernst & Young as the international accounting firm for the bank for the year 2026. The audit fees for the group’s consolidated and parent company for the year 2026 are 101.92 million yuan.

China Construction Bank pays Ernst & Young 140.96 million yuan

According to the 2025 annual report of China Construction Bank, the company paid Ernst & Young 140.96 million yuan in audit professional service fees for the year 2025.

On the same day, the announcement released by China Construction Bank indicated that the company decided to employ Ernst & Young Hua Ming LLP as the domestic accounting firm for the bank and its domestic subsidiaries for the year 2026 and employ Ernst & Young as the international accounting firm for the bank and its major overseas subsidiaries for the year 2026. The audit fees for the year 2026 are expected to be 140.96 million yuan (including audit fees for the group’s consolidated and parent company, overseas institutions, and domestic subsidiaries), of which the internal control audit fee is 8.6 million yuan.

Bank of Communications pays KPMG 87.599 million yuan

According to the 2025 annual report of Bank of Communications, the company paid KPMG 87.599 million yuan in audit professional service fees for the year 2025.

On the same day, the announcement released by Bank of Communications indicated that the board of directors approved the hiring of KPMG Huazhen and KPMG Hong Kong as the accounting firms for the bank for the year 2026. The audit fee for this project for the year 2026 is 45.26 million yuan, of which the financial statement audit fee is 38.13 million yuan; the internal control audit fee is 1.85 million yuan; the related professional service fees are 5.28 million yuan, a decrease of 1.41 million yuan compared to the previous year’s audit fees, representing a year-on-year decrease of 3%. (Note: This fee is not consistent with the fee statistics in the 2025 annual report.)

Postal Savings Bank of China pays KPMG 21.78 million yuan

According to the 2025 annual report of Postal Savings Bank of China, the company paid KPMG 21.78 million yuan in audit fees for the year 2025.

On the same day, the announcement released by Postal Savings Bank of China indicated that the board of directors approved the reappointment of KPMG Huazhen LLP and KPMG as the accounting firms for the bank for the year 2026, responsible for providing audits and related services for the financial statements prepared by the bank according to Chinese accounting standards and International Financial Reporting Standards for the year 2026. The bank plans to pay audit fees of 27.18 million yuan to KPMG Huazhen and KPMG for the year 2026 (of which the internal control audit fee is 1.6849 million yuan), consistent with the audit fees for the year 2025.

Massive information and precise interpretation, all available in the Sina Finance APP.

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