Xingmin Zhizhi (Group) Co., Ltd. Report on the Evaluation of the Performance of the Accounting Firm for the Year 2025
Xingmin Zhizhi (Group) Co., Ltd. (hereinafter referred to as the "Company") has appointed He Xin Certified Public Accountants (Special General Partnership) (hereinafter referred to as "He Xin Certified Public Accountants") as the Company's annual audit institution for 2025. In accordance with the "Administrative Measures for the Selection of Accounting Firms by State-owned Enterprises and Listed Companies" promulgated by the Ministry of Finance, the State-owned Assets Supervision and Administration Commission, and the China Securities Regulatory Commission, the Company has evaluated the performance of He Xin Certified Public Accountants during the 2025 audit process. After evaluation, the Company believes that the qualifications of He Xin Certified Public Accountants are compliant and effective, its performance maintains independence, it is diligent and responsible, and provides a fair opinion. The specific situation is as follows:
I. Basic Information of the Accounting Firm for 2025
I. Explanation of the Matter of Appointing the Accounting Firm
(I) Institutional Information
- Basic Information (1) Institution Name: He Xin Certified Public Accountants (Special General Partnership) (hereinafter referred to as "He Xin Certified Public Accountants"); (2) Date of Establishment: Established in 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, He Xin Certified Public Accountants had 45 partners and 249 registered accountants, of which 139 were registered accountants who signed audit reports for securities services; (7) The total audited revenue of He Xin Certified Public Accountants in 2025 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 major industries such as manufacturing, agriculture, forestry, animal husbandry, and fishery, information transmission, software and information technology services, electricity, heat, gas, and water production and supply, wholesale and retail, etc., with a total audit fee of RMB 71.717 million. He Xin Certified Public Accountants audited 36 listed company clients in the same industry as the Company.