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China Housing & Land Announces MNP LLP As Its Independent Auditor Due To Merger Of Accounting Firms

XI'AN, China, June 6, 2013 /PRNewswire/ -- China Housing & Land Development, Inc. ("China Housing" or the "Company"; Nasdaq: CHLN) today announced that the Company has engaged MNP LLP as its independent auditor.

China Housing was informed by its independent registered public accounting firm, MSCM LLP, ("MSCM"), that it has combined certain of its practice with MNP LLP effective June 1, 2013. As a result, MNP LLP became the Company's independent registered public accounting firm. On June 3, 2013, the Company's Board of Directors approved the appointment of MNP as MSCM's successor to continue as the Company's independent registered public accountant for the fiscal year ending 2013. 

Mr. Pingji Lu, China Housing's Chairman, commented, "Our change in auditors was purely driven by the merger between MNP and MSCM. We look forward to working with MNP and do not expect this merger to result in any delays to our quarterly and year-end reporting results for this year." 

About MNP

MNP is the 7th largest chartered accountancy and consulting firm in Canada. Over the past 65 years, MNP has grown to almost 80 offices across Canada and has a qualified team of more than 3,000 members. In addition to tax and accounting expertise, MNP delivers a diverse range of advisory services, including consulting, enterprise risk, corporate finance, valuation and litigation support, succession planning, insolvency and restructuring, investigative and forensic accounting, cross-border taxation and more.

MNP also serves numerous industries and specialty groups and understands the specialized markets in which its clients operate. Servicing Chinese-related clients is also niche MNP has developed. MNP provides clients with a large national presence and access to hundreds of MNP experts and specialists, as well as access to a global network of accounting firms and affiliations through Praxity--the 8th largest international alliance of independent accounting firms.

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