Lijiang Yulong Tourism Co., Ltd. 2025 Annual Internal Control Audit Report Zhonghui Certificate (2026) No. 02948
To the Shareholders of Lijiang Yulong Tourism Co., Ltd.:
In accordance with the "Audit Guidelines for Internal Control of Enterprises" and the requirements of the Chinese Certified Public Accountants Practice Standards, we have audited the effectiveness of the internal control over financial reporting of Lijiang Yulong Tourism Co., Ltd. (hereinafter referred to as "Lijiang Shares") as of December 31, 2025.
I. Responsibility of Lijiang Shares for Internal Control
In accordance with the "Basic Norms for Enterprise Internal Control," "Application Guidelines for Enterprise Internal Control," and "Evaluation Guidelines for Enterprise Internal Control," it is the responsibility of the Board of Directors of Lijiang Shares to establish, improve, and effectively implement internal control, and to evaluate its effectiveness.
II. Responsibility of Certified Public Accountants
Our responsibility is to express an audit opinion on the effectiveness of internal control over financial reporting based on the implementation of audit work, and to disclose any significant deficiencies in internal control over non-financial reporting that we have noted.
III. Inherent Limitations of Internal Control
Internal control has inherent limitations, and there is a possibility that misstatements cannot be prevented or detected. In addition, due to changes in circumstances that may cause internal control to become inappropriate, or a decrease in the degree of compliance with control policies and procedures, there is a certain risk in inferring the future effectiveness of internal control based on the results of the internal control audit.
IV. Audit Opinion on Internal Control over Financial Reporting
We believe that Lijiang Shares maintained effective internal control over financial reporting in all material respects as of December 31, 2025, in accordance with the "Basic Norms for Enterprise Internal Control" and relevant regulations.
Zhonghua Certified Public Accountants (Special General Partnership) Certified Public Accountant of China Xu Yi (Project Partner) Certified Public Accountant of China Wen Yun China · Shanghai March 20, 2026
This report has 14 pages. Page 1 of 14.
Lijiang Yulong Tourism Co., Ltd. 2025 Annual Self-Evaluation Report on Internal Control
To the Board of Directors of Lijiang Yulong Tourism Co., Ltd. and All Shareholders:
In order to further improve the internal control system of Lijiang Yulong Tourism Co., Ltd. (hereinafter referred to as the "Company"), enhance the Company's management level and risk prevention capabilities, ensure the sustained and healthy operation of the Company's business, protect the legitimate rights and interests of investors, enhance the Company's internal control and risk management capabilities, and modernize governance systems and capabilities, effectively prevent and mitigate major risks, and promote the sustained, healthy, and stable high-quality development of the enterprise. In 2025, the Company continuously strengthened internal control management, systematically carried out optimization and improvement work on the internal control system, and formed achievements such as the "Internal Control Management Manual," "Internal Control Evaluation Manual," and "Compilation of Company Internal Control System," which were issued and implemented. 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 methods, based on daily supervision and special supervision of internal control, we have evaluated the effectiveness of the Company's internal control as of December 31, 2025 (the base date of the internal control evaluation report).
I. Statement of the Board of Directors