Huilv Ecological Technology Group Co., Ltd. Report of the Audit Committee of the Board of Directors on the Performance Evaluation of the Accounting Firm for the Year 2025 and the Fulfillment of Supervisory Duties
According to " Company Law of the People's Republic of China " "Law of the People's Republic of China on Securities Law " " Shenzhen Stock Exchange Listed Company Self-Regulation Guidelines No. 1 — Standardized Operation of Main Board Listed Companies — "Huilv Ecological Technology Group Co., Ltd. (hereinafter referred to as "the Company") ( hereinafter "Company") " " Articles of Association " " Detailed Rules for the Implementation of the Audit Committee of the Board of Directors " " etc. Regulations and Requirements , in accordance with the principle of diligence and responsibility, the Audit Committee of the Company's Board of Directors Accounting Firm (Special General Partnership) (hereinafter referred to as " "Zhong Shen Zhong Huan" ") 202 5 Year
Performance Evaluation and Report on the Fulfillment of Supervisory Duties by the Audit Committee for the Year 2025 are as follows: I. Basic Information of the Accounting Firm (I) Basic Information
- Basic Situation Institution Name: Zhong Shen Zhong Huan Certified Public Accountants (Special General Partnership) Date of Establishment: Zhong Shen Zhong Huan was founded in 1987 and is one of the first large accounting firms in China approved by the state to engage in securities and futures related businesses and financial business audits. According to the list of accounting firms engaged in securities service business filed by the Ministry of Finance and the China Securities Regulatory Commission, this firm is qualified as an auditing institution for share issuance and bond issuance by joint-stock companies. In November 2013, it was restructured into a special general partnership in accordance with the requirements of the Ministry of Finance and other relevant national authorities. Organizational Form: Special General Partnership Registered Address: 17th-18th Floors, Yangtze River Industrial Building, No. 166 Zhongbei Road, Shuiguohu Street, Wuchang District, Wuhan City, Hubei Province. Chief Partner: Shi Wenxian 1 Zhong Shen Zhong Huan's total audited revenue for 2024 was RMB 2,171.8557 million, audit business revenue was RMB 1,834.7171 million, and securities business revenue was RMB 583.6507 million. In 2024, Zhong Shen Zhong Huan provided annual report audit services to 244 listed companies, mainly in the manufacturing, wholesale and retail, real estate, electricity, heat, gas and water production and supply, agriculture, forestry, animal husbandry, and fishery, information transmission, software and information technology services, mining, culture, sports and entertainment industries, etc., with audit fees of RMB 35.96169 million. Zhong Shen Zhong Huan audited 5 listed companies in the same industry as Huilv Ecological Technology Group Co., Ltd. As of December 31, 2025, Zhong Shen Zhong Huan had 237 partners, 1,306 certified public accountants, and 723 certified public accountants who had signed securities service audit reports at the end of 2025.
- Investor Protection Capability Zhong Shen Zhong Huan purchases professional liability insurance annually based on its business income scale and supplements its professional risk fund. The cumulative compensation limit of the purchased professional insurance is RMB 800 million, which has not yet been used and can bear the civil compensation liability arising from audit failure. In the past three years, there have been no civil liabilities to be borne in civil lawsuits related to professional conduct that have been concluded by Zhong Shen Zhong Huan Certified Public Accountants (Special General Partnership).