Special Explanation on the Non-operating Fund Occupation and Other Related Party Fund Transactions of Huangshi Group Co., Ltd. for 2025
Jiu'an Audit Special Review [2026] No. 00072
To all shareholders of Huangshi Group Co., Ltd.:
We were entrusted to audit the 2025 financial statements of Huangshi Group Co., Ltd. (hereinafter referred to as Huangshi Group Company), including 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 for 2025, and the notes to the financial statements. On April 23, 2026, we issued a standard unqualified opinion audit report, Jiu'an Audit [2026] No. 00235.
The management of Huangshi Group Company has prepared the attached 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 requirements of the "Regulatory Guidelines for Listed Companies No. 8 - Regulatory Requirements for Fund Transactions and External Guarantees of Listed Companies" issued by the China Securities Regulatory Commission and the State-owned Assets Supervision and Administration Commission of the State Council, and the "Shenzhen Stock Exchange Listed Company Business Handling Guidelines."
The preparation and external disclosure of the Summary Table, and ensuring its truthfulness, legality, and completeness, are the responsibilities of the management of Huangshi Group Company. We have cross-checked the information in the Summary Table with the accounting information and audited financial statements that we reviewed during our audit of Huangshi Group Company's 2025 financial statements. In all material aspects, we found no inconsistencies. In addition to the audit procedures performed for related party transactions during the audit of Huangshi Group Company's 2025 financial statements, we have not performed any additional audit procedures on the information contained in the Summary Table. To better understand the situation of non-operating fund occupation and other related party fund transactions of Huangshi Group Company in 2025, the Summary Table should be read in conjunction with the audited financial statements.