Guangzhou Yuexiu Capital Holding Group Co., Ltd. 2025 Internal Control Audit Report
To all shareholders of Guangzhou Yuexiu Capital Holding Group Co., Ltd.:
In accordance with the "Guidance on Auditing of Internal Control" and the requirements of the Chinese Certified Public Accountants Practice Standards, we have audited the effectiveness of the internal control over financial reporting of Guangzhou Yuexiu Capital Holding Group Co., Ltd. (hereinafter referred to as "Yuexiu Capital Company") as of December 31, 2025.
I. Responsibility of the Company for Internal Control
In accordance with the provisions of the "Basic Norms for Enterprise Internal Control," "Application Guidance for Enterprise Internal Control," and "Guidance for Evaluation of Enterprise Internal Control," it is the responsibility of the Board of Directors of Yuexiu Capital Company to establish, improve, and effectively implement internal control, and to evaluate its effectiveness.
II. Responsibility of the Certified Public Accountant
Our responsibility is to express an audit opinion on the effectiveness of internal control over financial reporting based on the audit work performed, and to disclose any material weaknesses in internal control over non-financial reporting that we have noted.
III. Inherent Limitations of Internal Control
Internal control has inherent limitations, and there is a possibility that it cannot prevent and detect misstatements. In addition, due to changes in circumstances, internal control may become inappropriate, or the degree of compliance with control policies and procedures may decrease. Therefore, it is subject to a certain risk to infer the future effectiveness of internal control based on the results of the internal control audit.
IV. Audit Opinion on Internal Control over Financial Reporting
We are of the opinion that, as of December 31, 2025, Yuexiu Capital Company has maintained effective internal control over financial reporting in all material respects in accordance with the "Basic Norms for Enterprise Internal Control" and relevant regulations.
Grant Thornton (Special General Partnership)
Certified Public Accountant of China: Sheng Linping Certified Public Accountant of China: Li Weiming
Beijing, China April 8, 2026
Guangzhou Yuexiu Capital Holding Group Co., Ltd. 2025 Internal Control Evaluation Report
In accordance with 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"), combined with Guangzhou Yuexiu Capital Holding Group Co., Ltd.'s (hereinafter referred to as the "Company" or "this Company") internal control system and evaluation methods, and based on daily supervision and special supervision of internal control, we have evaluated the effectiveness of the Company's internal control as of December 31, 2025 (the "Internal Control Evaluation Reporting Date").
I. Important Statement
In accordance with the provisions of the Enterprise Internal Control Norms System, it is the responsibility of the Company's Board of Directors to establish, improve, and effectively implement internal control, evaluate its effectiveness, and disclose the internal control evaluation report truthfully. The Audit Committee supervises the establishment and implementation of internal control by the Board of Directors, and the management is responsible for organizing and leading the daily operation of the enterprise's internal control. The Board of Directors, Audit Committee, directors, and senior management of this Company guarantee that the content of this report is free from false records, misleading statements, or major omissions, and shall bear individual and joint legal responsibility for the authenticity, accuracy, and completeness of the report.