Guoguang Electric 2025 Annual Internal Control Self-Evaluation Report
According to the "Basic Norms for Enterprise Internal Control," "Guiding Opinions for Enterprise Internal Control," and other internal control regulatory requirements (collectively referred to as the "Enterprise Internal Control System"), and in conjunction with the company's internal control system and evaluation methods, based on daily supervision and special supervision of internal controls, we have evaluated the effectiveness of the company's internal controls as of December 31, 2025 (the benchmark date for the internal control evaluation report).
I. Statement of the Board of Directors
The Board of Directors and all directors of the company guarantee that this report contains no false records, misleading statements, or significant omissions, and they bear individual and joint responsibility for the truthfulness, accuracy, and completeness of the report.
It is the responsibility of the company's Board of Directors to establish, improve, and effectively implement internal controls, evaluate their effectiveness, and disclose the internal control evaluation report truthfully. The Supervisory Board shall supervise the establishment and implementation of internal controls by the Board of Directors. The management shall be responsible for organizing and leading the daily operation of the company's internal controls.
The objective of the company's internal controls is to reasonably ensure that the company's operations and management 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 realization of the company's development strategies. Due to the inherent limitations of internal controls, they can only provide reasonable assurance for achieving these objectives. Furthermore, changes in circumstances may render internal controls inappropriate, or reduce the degree of compliance with controls and procedures, thus there is a certain risk in inferring the future effectiveness of internal controls based on the results of the internal control evaluation.