Internal Control Audit Report
Audit Firm Report No. [blank]
To the Shareholders of Haining China Leather City Co., Ltd.:
In accordance with the "Audit Guidelines for Internal Control" and the relevant requirements of the Chinese Certified Public Accountants' Auditing Standards, we have audited the effectiveness of the internal financial controls of Haining China Leather City Co., Ltd. (hereinafter referred to as Haining Leather City) as of December 31, 2025.
I. The Company's Responsibility for Internal Control
In accordance with the provisions of the "Basic Norms for Enterprise Internal Control," "Application Guidelines for Enterprise Internal Control," and "Evaluation Guidelines for Enterprise Internal Control," it is the responsibility of the Board of Directors of Haining China Leather City Co., Ltd. to establish, improve, and effectively implement internal control, and to evaluate its effectiveness.
II. The Responsibility of the Certified Public Accountant
Our responsibility is to express an audit opinion on the effectiveness of internal financial controls based on the implementation of audit work, and to disclose any significant deficiencies in internal non-financial controls that we have noted.
III. Inherent Limitations of Internal Control
Internal control has inherent limitations, and there is a possibility that it cannot prevent and discover misstatements. In addition, as changes in circumstances may cause internal control to become inappropriate, or reduce the degree of compliance with control policies and procedures, inferring the future effectiveness of internal control based on the results of the internal control audit carries a certain risk.
IV. Audit Opinion on Internal Financial Controls
We believe that Haining China Leather City Co., Ltd. maintained effective internal financial controls in all material respects as of December 31, 2025, in accordance with the "Basic Norms for Enterprise Internal Control" and relevant regulations.
Certified Public Accountant: Guo Xianming [Image: Stamp]
Certified Public Accountant: Chen Xiaojin [Image: Stamp]
Certified Public Accountant: Gan Ling [Image: Stamp]
China · Shanghai
April 14, 2026
Internal Control Audit Report Page 2
Certificate No.: 1(1)169675 No. of Certificate
Authorized Institute of CPAS: Certified Public Accountants Association 批准注册协会:注册会计师协会
Date of Issuance: 05月 01日 发证日期: Date of Issuance
Annual Renewal Registration 本证书经检验合格,继续有效一年。 This certificate is valid for another year after this renewal.
[Image: Stamp]