Exhibit 16.1 [Letterhead of KND& CO. CPA Limited] March 18, 2004 Securities and Exchange Commission Washington, DC 20549 Ladies and Gentlemen: We have read statements that we understand Minghua Group International Holdings Limited will include under Item 4 of the Form 8-K report it will file regarding the recent change of its auditors. We agree with such statements made regarding our firm. We have no basis to agree or disagree with other statements made under Item 4. Very truly yours, /s/ KND & CO. CPA Limited KND & CO. CPA Limited