Xingmin Zhizhi (Group) Co., Ltd.
Special Audit Report on the Deduction of Operating Income
Hexin Special Word (2026) No. 000163
To All Shareholders of Xingmin Zhizhi (Group) Co., Ltd.:
We were engaged to conduct a special audit of the "2025 Operating Income Deduction Table" (hereinafter referred to as the "Deduction Table") prepared by Xingmin Zhizhi (Group) Co., Ltd. (hereinafter referred to as "Xingmin Zhizhi"), based on our audit of Xingmin Zhizhi's consolidated and company balance sheets as of December 31, 2025, and the consolidated and company income statements, consolidated and company cash flow statements, consolidated and company statements of changes in owners' equity, and notes to the financial statements for the year 2025.
I. Responsibility of Xingmin Zhizhi Management
The responsibility of Xingmin Zhizhi management is to prepare the Deduction Table in accordance with the requirements of the "Shenzhen Stock Exchange Stock Listing Rules" and other relevant regulations. This responsibility includes designing, implementing, and maintaining internal controls related to the preparation and reporting of the Deduction Table, using an appropriate preparation basis to truthfully prepare and disclose the Deduction Table externally, and ensuring its authenticity, legality, and completeness.
II. Responsibility of the Certified Public Accountant
Our responsibility is to express an audit opinion on the Deduction Table prepared by Xingmin Zhizhi management based on the audit work performed. We conducted the audit in accordance with the "China Certified Public Accountants' Other Assurance Services Standards No. 3101 - Assurance Services Other Than Audits or Reviews of Historical Financial Information." This standard requires us to comply with the Code of Professional Ethics for Chinese Certified Public Accountants, and to plan and perform the audit work to obtain reasonable assurance about whether the Deduction Table is prepared in all material respects in accordance with the requirements of the Listing Rules.