Zhejiang Yongtai Technology Co., Ltd. 2025 Annual Internal Control Evaluation Report
To All Shareholders of Zhejiang Yongtai Technology Co., Ltd.:
In accordance with the requirements of the "Basic Norms for Enterprise Internal Control" and its supporting guidelines, and the "General Provisions on the Compilation and Reporting of Annual Internal Control Evaluation Reports for Publicly Issued Securities of Companies" (hereinafter referred to as the "Enterprise Internal Control System"), and combined with Zhejiang Yongtai Technology Co., Ltd.'s (hereinafter referred to as the "Company") internal control system and evaluation methods, based on daily and special supervision of internal control, we have evaluated the effectiveness of the Company's internal control as of December 31, 2025 (the internal control evaluation report date).
I. Important Statement
In accordance with the requirements of the Enterprise Internal Control System, establishing and improving a sound and effectively implemented internal control system, evaluating its effectiveness, and truthfully disclosing the internal control evaluation report are the responsibilities of the Company's board of directors. The audit committee supervises the board of directors in establishing and implementing internal control. The management is responsible for organizing and leading the daily operation of the Company's internal control.
The Company's board of directors, audit committee, directors, and senior management guarantee that this report contains no false records, misleading statements, or major omissions, and they shall bear individual and joint legal liability 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 safe, financial reports and related information are true and complete, operating efficiency and effectiveness are improved, and development strategies are achieved. Due to the inherent limitations of internal control, it can only provide reasonable assurance for achieving these objectives. Furthermore, changes in circumstances may render internal control inappropriate, or reduce the degree of compliance with control policies and procedures, and there is a certain risk in inferring the future effectiveness of internal control based on the results of the internal control evaluation.
II. Conclusion of Internal Control Evaluation
Based on the determination of material weaknesses in the Company's financial reporting internal control, as of the internal control evaluation report date, there are no material weaknesses in financial reporting internal control. The board of directors believes that the Company has maintained effective financial reporting internal control in all material aspects in accordance with the requirements of the Enterprise Internal Control System and relevant regulations.
Based on the determination of material weaknesses in the Company's non-financial reporting internal control, as of the internal control evaluation report date, the Company has not found any material weaknesses in non-financial reporting internal control.
No factors have occurred between the internal control evaluation report date and the issuance date of the internal control evaluation report that affect the conclusion of the internal control effectiveness evaluation.
III. Internal Control Evaluation Work
(I) Scope of Internal Control Evaluation