002304SZSE

2025 Internal Control Audit Report

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This report presents the internal control audit for Jiangsu Yanghe Brewery Joint Co., Ltd. for the year ended December 31, 2025. Zhongxi CPAs (Special General Partnership) conducted the audit according to relevant standards. The report concludes that the company maintained effective internal financial reporting controls in all material aspects as of December 31, 2025.

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Internal Control Audit Report

Zhongxi Special Audit No. 2026T00153

To the Shareholders of Jiangsu Yanghe Brewery Joint Co., Ltd.:

In accordance with the "Guidance on Auditing Internal Control" and the requirements of the Chinese Certified Public Accountants' Auditing Standards, we have audited the effectiveness of the internal financial reporting controls of Jiangsu Yanghe Brewery Joint Co., Ltd. (hereinafter referred to as "Yanghe股份") as of December 31, 2025.

I. Responsibility of the Company for Internal Control

In accordance with the provisions of the "Basic Norms for Internal Control," "Application Guidelines for Internal Control," and "Evaluation Guidelines for Internal Control," it is the responsibility of the Board of Directors of Yanghe股份 to establish and improve, effectively implement internal control, and evaluate its effectiveness.

II. Responsibility of the Certified Public Accountants

Our responsibility is to express an audit opinion on the effectiveness of internal financial reporting controls based on our audit work and to disclose any significant deficiencies in internal non-financial reporting controls that we have noted.

III. Inherent Limitations of Internal Control

Internal control has inherent limitations, and there is a possibility that errors may not be prevented or detected. Furthermore, due to changes in circumstances, internal controls may become inappropriate, or the degree of compliance with control policies and procedures may decrease. Therefore, there is a certain risk in inferring the future effectiveness of internal control based on the results of the internal control audit.

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