[Livingston, Wachtell & Co., LLP Letterhead] April 17, 2003 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Minghua Group International Holdings Limited Commission File Number 0-30183 Ein #:13-3874771 Gentlemen: We have read the statements that Minghua Group International Holdings Limited has made in its amended Form 8-K, Item 4, dated April 17, 2003, regarding changes in the Registrant's certifying accountants. We agree with the statements made therein, where it specifically references Livingston, Wachtell & Co., LLP. We have no basis to agree or disagree with other statements of the registrant contained therein. /s/ Livingston, Wachtell & Co., LLP