Xingmin Zhizhi (Group) Co., Ltd.
Report on the Audit Committee's Supervision of the Accounting Firm
Pursuant to the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 1 – Normative Operation of Main Board Listed Companies," and the "Articles of Association of Xingmin Zhizhi (Group) Co., Ltd." (hereinafter referred to as the "Articles of Association") and the "Work Rules of the Board of Directors' Audit Committee," etc., the Audit Committee of the Board of Directors of Xingmin Zhizhi (Group) Co., Ltd. (hereinafter referred to as the "Company") has diligently performed its duties. The Audit Committee's performance evaluation and supervision of the accounting firm for 2025 are hereby reported as follows:
I. Basic Information of the Accounting Firm for 2025
(I) Basic Information of the Accounting Firm
- Basic Information (1) Firm Name: Heshin Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Heshin CPAs"); (2) Date of Establishment: December 1987 (Converted to Special General Partnership on April 23, 2013); (3) Organizational Form: Special General Partnership; (4) Registered Address: 7th Floor, Salt Building, No. 59 Wenhua East Road, Jinan City; (5) Managing Partner: Wang Hui; (6) As of the end of 2025, Heshin CPAs had 45 partners and 249 registered accountants, of whom 139 had signed audit reports for securities services; (7) In 2025, Heshin CPAs' total audited revenue was RMB 301.65 million, of which audit service revenue was RMB 216.88 million and securities service revenue was RMB 92.38 million. (8) In 2024, the firm audited 47 listed companies, covering industries such as manufacturing, agriculture, forestry, animal husbandry, and fisheries, information transmission, software and information technology services, production and supply of electricity, heat, gas, and water, wholesale and retail, etc., with audit fees totaling RMB 71.717 million. Heshin CPAs audited 36 listed companies in the same industry as our company.