Shandong Weida Heavy Industries Co., Ltd.
2025 Internal Control Evaluation Report
To all shareholders of Shandong Weida Heavy Industries Co., Ltd.:
In accordance with the "Basic Norms for Enterprise Internal Control" and its supporting guidelines, as well as other internal control regulatory requirements (hereinafter referred to as the "Enterprise Internal Control Norms System"), combined with the company's internal control system and evaluation measures, and based on daily and special supervision of internal controls, we have evaluated the effectiveness of the company's internal controls as of December 31, 2025 (the evaluation report base date).
I. Important Statement
In accordance with the requirements of the Enterprise Internal Control Norms System, the establishment, improvement, effective implementation, and evaluation of internal controls, and the truthful disclosure of the internal control evaluation report are the responsibilities of the company's board of directors. The management is responsible for organizing and leading the daily operation of the company's internal controls. The company's board of directors, its directors, and senior management guarantee that the content of this report contains no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibility for the truthfulness, accuracy, and completeness of the report's content.
The objective of the company's internal control is to reasonably ensure that business operations are legal and compliant, assets are safe, financial reports and related information are true and complete, and to improve operational efficiency and effectiveness, thereby promoting the achievement of development strategies. Due to the inherent limitations of internal control, it can only provide reasonable assurance for achieving these objectives. Furthermore, changes in circumstances may render internal controls inappropriate, or reduce the degree of adherence to control policies and procedures, and there is a certain risk in inferring the effectiveness of future internal controls based on the results of the internal control evaluation.