Shenzhen Great Wall Development Technology Co., Ltd. 2025 Internal Control Evaluation Report To all shareholders of Shenzhen Great Wall Development Technology Co., Ltd.: In accordance with the provisions of the "Basic Norms for Enterprise Internal Control" and its supporting guidelines, and other internal control regulatory requirements (hereinafter referred to as the Enterprise Internal Control Norms System), and in conjunction with the Company's (hereinafter referred to as the Company) internal control system and evaluation methods, based on daily and special supervision of internal control, we have evaluated the effectiveness of the Company's internal control as of December 31, 2025 (the benchmark date of the internal control evaluation report).
I. Important Statement In accordance with the provisions of the Enterprise Internal Control Norms System, establishing, improving, and effectively implementing internal control, evaluating its effectiveness, and truthfully disclosing the internal control evaluation report are the responsibilities of the Company's Board of Directors. The Audit Committee supervises the Board of Directors in establishing and implementing internal control.
The management is responsible for organizing and leading the daily operation of the Company's internal control.
The Company's Board of Directors, directors, and senior management guarantee that the content of this report does not contain any false records, misleading statements, or material omissions, and assume individual and joint legal responsibility for the truthfulness, accuracy, and completeness of the report's content.
The company's internal controls adhere to the principles of honesty, integrity, and ethical operation. The goal of internal controls is zero tolerance for bribery, corruption, and embezzlement. It aims to reasonably ensure the legality and compliance of business operations and management, asset security, and the truthfulness and completeness of financial reports and related information, thereby improving operational efficiency and effectiveness and promoting the achievement of the development strategy.
Due to the inherent limitations of internal controls, they can only provide reasonable assurance for achieving the above objectives. Furthermore, changes in circumstances may render internal controls inappropriate or reduce the degree of compliance with control policies and procedures. Therefore, extrapolating the future effectiveness of internal controls based on the internal control evaluation results carries a certain degree of risk.
II. Internal Control Evaluation Conclusion Based on the assessment of material weaknesses in the company's internal control over financial reporting, as of the benchmark date of the internal control evaluation report, there were no material weaknesses in internal control over financial reporting. The Board of Directors believes that the company has maintained effective internal control over financial reporting in all material respects in accordance with the requirements of the enterprise internal control standards and related regulations.
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Based on the assessment of material weaknesses in the company's internal control over non-financial reporting, as of the benchmark date of the internal control evaluation report, the company did not identify any material weaknesses in internal control over non-financial reporting.
No factors affecting the conclusion of the internal control effectiveness evaluation occurred between the benchmark date of the internal control evaluation report and the date of issuance of the internal control evaluation report.
III. Internal Control Evaluation Work Status