Report on the Evaluation of the Performance of the Accounting Firm by the Audit Committee of the Board of Directors for 2025
According to the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Measures for the Administration of Independent Directors," "Self-Regulatory Guidelines for Listed Companies No. 1 - Standard Operation of Main Board Listed Companies," "Measures for the Selection of Accounting Firms by State-owned Enterprises and Listed Companies," and the "Articles of Association," the Audit Committee of the Board of Directors of Huaming Power Equipment Co., Ltd. (hereinafter referred to as "the Company") has diligently fulfilled its responsibilities. The following is the report on the evaluation of the performance of the accounting firm for 2025 and the supervision responsibilities of the Audit Committee.
1. Performance of the Accounting Firm for the 2025 Annual Audit
(1) Basic Information of the Accounting Firm
- Name: Xinyong Zhonghe Accounting Firm (Special General Partnership) (hereinafter referred to as "Xinyong Zhonghe")
- Establishment Date: March 2, 2012
- Organization Type: Special General Partnership
- Registered Address: 8th Floor, Block A, Fuhua Building, No. 8 Chaoyangmen North Street, Dongcheng District, Beijing
- Chief Partner: Mr. Tan Xiaoqing
As of December 31, 2025, Xinyong Zhonghe has 257 partners and 1,799 registered accountants, with over 700 accountants having signed securities service audit reports. The business revenue for Xinyong Zhonghe in 2024 was 4.054 billion yuan (including unified operations), with audit revenue of 2.587 billion yuan and securities business revenue of 976 million yuan. In 2024, Xinyong Zhonghe audited 383 listed companies' annual reports, with total fees of 471 million yuan, covering major industries including manufacturing, information transmission, software and information technology services, transportation, warehousing and postal services, power, heat, gas, and water production and supply, finance, culture and sports entertainment, wholesale and retail, construction, mining, leasing and business services, and water conservancy, environment, and public facilities management. The number of audit clients in the same industry was 255.