Auditors resigning is a large red flag.
The new auditor, Helmi Talib & Co, was appointed to audit the 2013 accounts and their results were published.
The one thing a reader should look out for in audited accounts, is if the accounts are qualified, which would be a huge red flag.
And the accounts of China Ouhua Winery are indeed qualified:
There are more red flags regarding China Ouhua Winery, for instance many changes recently in the boardroom and audit committee:
The share graph since its IPO, not a pretty picture: