001227SZSE

2025 Annual Audit Report

✨ AI Summary

The 2025 Annual Audit Report for Lanzhou Bank Co., Ltd. presents the audit opinion that the financial statements fairly represent the bank's financial position as of December 31, 2025. Key audit matters include the measurement of expected credit losses for loans and advances and the consolidation of structured entities, both requiring significant management judgment. The audit was conducted in accordance with Chinese auditing standards, ensuring compliance and independence throughout the process.

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Lanzhou Bank Co., Ltd.

Audit Report

Daxin Audit No. [2026] 9-00585

Daxin Certified Public Accountants (Special General Partnership)

WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP.

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Report Code: Original 2602993RU

Country

CFA

Daxin Certified Public Accountants Room 2206, 22nd Floor, Xueyuan International Tower No. 1 Zhichun Road, Haidian District Beijing, China, 100083

Telephone: +86 (10) 82330558 Fax: +86 (10) 82327668 Website: www.daxincpa.com.cn

Daxin Audit No. [2026] 9-005858

To all shareholders of Lanzhou Bank Co., Ltd.:

I. Audit Opinion

We have audited the financial statements of Lanzhou Bank Co., Ltd. (hereinafter referred to as "Lanzhou Bank"), including the consolidated and bank balance sheets as of December 31, 2025, the consolidated and bank income statements, the consolidated and bank cash flow statements, the consolidated and bank statements of changes in equity, and the notes to the financial statements.

In our opinion, the accompanying financial statements have been prepared in all material respects in accordance with the provisions of the Accounting Standards for Business Enterprises and fairly present the consolidated and bank financial position of Lanzhou Bank as of December 31, 2025, as well as the consolidated and bank operating results and cash flows for the year ended December 31, 2025.

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