On August 19, 2021, the first hearing was held for a shareholder right-to-information case represented by our firm. Prior to this hearing, a pre-litigation mediation had already taken place.

During the hearing, the key issue in dispute was whether the plaintiff, in exercising their shareholder right to information, could access accounting vouchers.

On this issue, we argue that the plaintiff should be allowed to access accounting vouchers for the following reasons:

1.According to the Accounting Law, reviewed accounting vouchers serve as the foundation and basis for accounting books.

2.The plaintiff has raised reasonable doubts about the existing accounting materials, specifically the defendant’s annual audit report. For example, the audit report contains errors in the application of accounting standards, inconsistencies in numerical data, and omissions in the statistical scope of certain accounts.

3.Given the plaintiff’s reasonable doubts about the audit report, denying access to accounting vouchers would prevent the plaintiff from verifying the authenticity and reasonableness of the existing accounting materials. This would render the plaintiff’s shareholder right to information meaningless, as they would be unable to understand the company’s true operational and financial conditions.