Report on Non-Operating Fund Occupation and Other Related Party Fund Transactions of Shanghai Xinpeng Industrial Co., Ltd. for 2025
To the Shareholders of Shanghai Xinpeng Industrial Co., Ltd.:
We have audited the financial statements of Shanghai Xinpeng Industrial Co., Ltd. (hereinafter referred to as "Xinpeng Co."), which comprise the consolidated and parent company balance sheets as of December 31, 2025, the consolidated and parent company income statements, consolidated and parent company cash flow statements, consolidated and parent company statements of changes in owners' equity, and related financial statement notes. We issued an unqualified opinion on these financial statements on April 24, 2026, with report number Xin Cai Shi Bao Zi [2026] No. ZA12754.
Xinpeng Co.'s management has prepared the accompanying summary table of non-operating fund occupation and other related party fund transactions for 2025 (hereinafter referred to as the "Summary Table") in accordance with the "Supervision Requirements for Fund Transactions and External Guarantees of Listed Companies" (CSRC Announcement [2022] No. 26) and the "Guidelines for Self-Regulation of Listed Companies No. 1 - Business Handling" issued by the Shenzhen Stock Exchange.
Management is responsible for the preparation and fair presentation of the Summary Table in accordance with the accounting standards and regulatory requirements. We have compared the information in the Summary Table with the accounting records and disclosures in the audited financial statements for the year ended December 31, 2025, which we audited, and found no material inconsistencies.