Report on the 2025 Annual Continuous Supervision Work Inspection of Shandong Xintong Electronics Co., Ltd. by China Merchants Securities Co., Ltd.
Sponsor Institution Name: China Merchants Securities Co., Ltd.
Abbreviated Name of Sponsored Company: Xintong Electronics
Sponsor Representative Name: Xu Guozhen
Contact Number: 0755-83081312
Sponsor Representative Name: Zhang Peng
Contact Number: 0755-83081312
On-site Inspection Personnel Names: Zhang Peng, Luo Lei
Inspection Corresponding Period: July 2025 (date of Xintong Electronics' listing) to December 2025
On-site Inspection Time: December 23, 2025 - December 31, 2025
I. On-site Inspection Matters
On-site Inspection Opinions
(1) Corporate Governance
| Item | Yes | No | Not Applicable |
|---|---|---|---|
| 1. Are the company's articles of association and corporate governance systems complete and compliant? | √ | ||
| 2. Are the articles of association and rules of the shareholders' meeting and board of directors effectively executed? | √ | ||
| 3. Are the minutes of the shareholders' meeting and board of directors complete, including time, place, attendees, and meeting content? | √ | ||
| 4. Are the resolutions of the shareholders' meeting and board of directors signed by relevant attendees? | √ | ||
| 5. Do the company's directors and senior management fulfill their duties in accordance with relevant laws and regulations? | √ | ||
| 6. In case of significant changes in directors and senior management, have corresponding procedures and disclosure obligations been fulfilled? | Yes, see notes | ||
| 7. If there are changes in the controlling shareholder or actual controller, have corresponding procedures and disclosure obligations been fulfilled? | √ | ||
| 8. Are the company's personnel, assets, finances, institutions, and business independent? | √ | ||
| 9. Is there no industry competition between the company and its controlling shareholder or actual controller? | √ |