Rongsheng Certified Public Accountants (Special General Partnership) 2025 Performance Evaluation Report
I. Selection of Accounting Firm
According to relevant regulations, to ensure the independence and objectivity of the company's audit work, and considering the company's business development and future audit needs, the Eighth Board of Directors' 47th meeting and the 2024 Second Extraordinary General Meeting of Shareholders deliberated and approved the appointment of Rongsheng Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Rongsheng Firm") as the company's 2024 annual audit institution. The Ninth Board of Directors' 5th meeting and the 2024 Annual General Meeting of Shareholders deliberated and approved the "Proposal on Re-appointing Rongsheng Certified Public Accountants (Special General Partnership) and Remuneration," agreeing to appoint Rongsheng Certified Public Accountants (Special General Partnership) as the company's 2025 annual audit institution.
II. Performance of Accounting Firm
(I) Work Plan
During the 2025 audit process, Rongsheng Firm formulated a comprehensive, reasonable, and operable audit work plan tailored to the company's service needs and the actual situation of the audited entity. The audit work focused on the audited entity's key audit areas, including revenue recognition, cost accounting, accounts receivable impairment, fixed asset impairment, financial instrument impairment, and related party transactions.
(II) Human and Other Resource Allocation
The Rongsheng Firm project team consists of a project partner, project manager, field supervisor, and other audit staff. Rongsheng Firm uniformly assigns a project partner with sufficient professional competence and time from across the firm to undertake this audit engagement. The project operates under a project partner responsibility system. The project partner comprehensively considers the professional knowledge, technical expertise, practical experience of the professional staff, and their understanding of the industry in which the company operates, and then assigns a project manager and other project team members with the necessary qualifications, professional competence, and time.
The Rongsheng audit team comprises a total of 25 members, including 5 individuals with Certified Public Accountant qualifications. The audit staff possess the professional knowledge and experience necessary to undertake this audit engagement, are capable of performing this audit work, and can maintain the required attention and professional skepticism.