Verification Report on the Use and Storage of Funds Raised by Beifang International Cooperation Co., Ltd. for 2025
Verification Report No. ZG10377
To all shareholders of Beifang International Cooperation Co., Ltd.:
We have been entrusted to perform a reasonable assurance engagement on the attached special report regarding the use and storage of funds raised by Beifang International Cooperation Co., Ltd. (hereinafter referred to as "Beifang International") for the year 2025 (hereinafter referred to as the "Special Report on Fundraising").
1. Responsibilities of the Board of Directors
The responsibility of the Board of Directors of Beifang International is to prepare the Special Report on Fundraising in accordance with the relevant provisions of the China Securities Regulatory Commission's "Regulations on the Supervision of Fundraising by Listed Companies" (CSRC Announcement [2025] No. 10), "Self-Regulatory Guidelines No. 1 for Listed Companies on the Shenzhen Stock Exchange - Standard Operation of Main Board Listed Companies," and "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Announcement Format." This responsibility includes designing, implementing, and maintaining internal controls related to the preparation of the Special Report on Fundraising to ensure that the report is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
2. Responsibilities of the Certified Public Accountants
Our responsibility is to express a verification conclusion on the Special Report on Fundraising based on the performance of our verification work.
3. Overview of Work
We performed the verification engagement in accordance with the "Standards for Other Assurance Engagements No. 3101 - Assurance Engagements Other than Audits or Reviews of Historical Financial Information." This standard requires us to comply with professional ethics, plan and perform the verification work to obtain reasonable assurance that the Special Report on Fundraising is prepared in all material respects in accordance with the relevant provisions of the CSRC's "Regulations on the Supervision of Fundraising by Listed Companies," "Self-Regulatory Guidelines No. 1 for Listed Companies on the Shenzhen Stock Exchange," and "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange."
During the verification process, we performed procedures we deemed necessary, including inquiries and examination of accounting records. We believe that our verification work provides a reasonable basis for our verification conclusion.