Report on Special Audit of Non-operating Fund Occupation and Other Related Party Fund Transactions of Shanghai Zhonghai Group Co., Ltd.
Zhonghui CPA [2026] 8236
To all shareholders of Shanghai Zhonghai Group Co., Ltd.:
We were engaged to audit the 2025 financial statements of Shanghai Zhonghai Group Co., Ltd. (hereinafter referred to as "Zhonghai Group") and issued an unqualified audit report, Zhonghui CPA [2026] 8234. Based on this, we have audited the accompanying "Summary Table of Non-operating Fund Occupation and Other Related Party Fund Transactions for 2025" (hereinafter referred to as the "Summary Table") prepared by the management of Zhonghai Group.
I. Management's Responsibility
Management is responsible for providing true, lawful, and complete relevant information and for preparing the Summary Table in accordance with the requirements of the China Securities Regulatory Commission, the Ministry of Public Security, the State-owned Assets Supervision and Administration Commission of the State Council, and the China Banking and Insurance Regulatory Commission's "Supervision Guidelines for Listed Companies No. 8 - Supervision Requirements for Fund Transactions and External Guarantees of Listed Companies" (Announcement of the China Securities Regulatory Commission [2022] No. 26) and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 1 - Business Handling." Management is also responsible for designing, implementing, and maintaining necessary internal controls, and ensuring that the content is true, accurate, and complete, without false records, misleading statements, or material omissions.