Sichuan Province Yibin Wuliangye Group Finance Co., Ltd. Audit Report Risk Sustainability Assessment Audit Report Chuan Huaxin Special No. 2026, No. 0265000
To all shareholders of Yibin Wuliangye Co., Ltd.:
We were engaged to audit Sichuan Province Yibin Wuliangye Group Finance Co., Ltd. (hereinafter referred to as the "Finance Company") as of December 31, 2025, including its relevant business qualifications, operations, and risk status, and to issue this audit report.
I. Limitation on Report Users and Use
This report is only for the use of Yibin Wuliangye Co., Ltd. in disclosing related party transaction information on the Shenzhen Stock Exchange and shall not be used for any other purpose.
II. Management's Responsibility
The responsibility of the Finance Company's management is to establish, improve, and reasonably design a risk management system and maintain its effectiveness, ensuring the truthfulness and completeness of risk management policies and procedures.
III. Auditor's Responsibility
Our responsibility is to express an opinion on the reasonableness of the design and effectiveness of the Finance Company's risk management related to financial statements, based on our audit work.
IV. Overview of Work
In the course of our audit, we performed procedures including understanding, testing, and evaluating the reasonableness of the design and effectiveness of the Finance Company's risk management related to financial statements, as well as other procedures we deemed necessary. We believe that our audit work provides a reasonable basis for our opinion.
V. Inherent Limitations of Risk Management
Risk management has inherent limitations, with the possibility of misstatements occurring and not being detected due to error or fraud. Additionally, changes in circumstances may render risk management inappropriate or reduce the degree of compliance with controls, risk management policies, and procedures. Extrapolating future risk management effectiveness based on risk assessment results carries a certain degree of risk.
VI. Audit Opinion
Upon audit, we are of the opinion that:
(I) The Finance Company possesses a valid "Financial License" and "Business License."
(II) No violations of the "Measures for the Administration of Financial Companies of Enterprise Groups" (promulgated by Order No. 6 of the China Banking and Insurance Regulatory Commission on October 13, 2022, and effective from November 13, 2022) were found. All regulatory indicators meet the requirements of Article 34 of these Measures.
(III) The Finance Company's operating performance is good, it has established a relatively sound and reasonable risk management and internal control system, and it effectively controls risks.
Sichuan Huaxin (Group) CPA Firm (LLP) [Signature] [Signature] China Certified Public Accountant: Liu Mei 510100099191 China Certified Public Accountant: Zhang Heng 510100030172
April 17, 2026
Sichuan Province Yibin Wuliangye Group Finance Co., Ltd. Risk Sustainability Assessment Audit Report
Sichuan Province Yibin Wuliangye Group Finance Co., Ltd. Risk Sustainability Assessment Explanation
I. Company Overview
(I) Company Establishment Date, Registered Location, Enterprise Type, Legal Representative
Sichuan Province Yibin Wuliangye Group Finance Co., Ltd. (hereinafter referred to as the "Finance Company" or "the Company") is a non-bank financial institution established on May 5, 2014, with the approval of the Sichuan Regulatory Bureau of the China Banking and Insurance Regulatory Commission (Sichuan Banking and Insurance Regulatory Commission [2014] No. 125). It was jointly established by Sichuan Province Yibin Wuliangye Group Co., Ltd., Yibin Wuliangye Co., Ltd. (hereinafter referred to as "Wuliangye Co."), and nine other shareholders.