Huaming Power Equipment Co., Ltd. 2025 Annual Internal Control Evaluation Report
To all shareholders of Huaming Power Equipment 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 normative system), combined with the company's internal control system and evaluation methods, we have evaluated the effectiveness of the company's internal control as of December 31, 2025, based on daily supervision and special supervision of internal controls.
Important Statement
According to the enterprise internal control normative system, it is the responsibility of the company's board of directors to establish, maintain, and effectively implement internal controls, evaluate their effectiveness, and disclose the internal control evaluation report truthfully. The audit committee supervises the establishment and implementation of internal controls by the board of directors. The management is responsible for organizing and leading the daily operation of internal controls. The board of directors and all directors and senior management personnel ensure that the content of this report does not contain any false records, misleading statements, or significant omissions, and 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 management is legal and compliant, assets are secure, financial reporting and related information are true and complete, operational efficiency and effectiveness are improved, and development strategies are promoted. Due to the inherent limitations of internal controls, they can only provide reasonable assurance of achieving the above objectives. Furthermore, changes in circumstances may render internal controls inappropriate or reduce compliance with control policies and procedures, making it risky to infer the future effectiveness of internal controls based on evaluation results.