Hefei Xueqi Electric Co., Ltd.
Report on the Evaluation of the Accounting Firm's Performance in 2025 and the Audit Committee's Fulfillment of Supervisory Duties
Hefei Xueqi Electric Co., Ltd. (hereinafter referred to as "the Company" or "the Company") at its third extraordinary general meeting of shareholders in 2025 resolved to re-appoint Rongcheng Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Rongcheng CPA") as the company's audit institution for 2025.
In accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," "Measures for the Selection and Appointment of Accounting Firms for State-owned Enterprises and Listed Companies," "Shenzhen Stock Exchange Listed Company Self-regulatory Supervision Guidelines No. 1 - Normative Operation of Main Board Listed Companies," and other laws and regulations, as well as the "Articles of Association" and "Work Rules of the Board of Directors' Audit Committee," the Board of Directors' Audit Committee's evaluation and supervision report on Rongcheng CPA's performance in 2025 is as follows:
I. Basic Information of the Accounting Firm
- Basic Information and Qualifications
Rongcheng CPA was formerly known as Huapu Tianjian Certified Public Accountants (Special General Partnership). It was initially established in August 1988 and was restructured into a special general partnership on December 10, 2013. It is one of the earliest accounting firms approved to engage in securities service business in China and has been engaged in securities service business for a long time. Its registered address is Floors 1001-1 to 1001-26, Building 1, No. 22 Fuchengmenwai Street, Xicheng District, Beijing. The managing partner is Liu Wei. As of December 31, 2025, Rongcheng CPA has 233 partners and 1507 certified public accountants, of whom 856 have signed audit reports for securities services.