Zhongde Securities Co., Ltd.
Review Opinion on Beijing DaBeiNong Technology Group Co., Ltd.'s 2025 Internal Control Evaluation Report
Zhongde Securities Co., Ltd. (hereinafter referred to as "Zhongde Securities" or "Sponsor") as the sponsor for Beijing DaBeiNong Technology Group Co., Ltd. (hereinafter referred to as "DaBeiNong" or "the Company") for its private offering of A-shares, in accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Norms for Operation of Main Board Listed Companies," and other relevant regulations, has prudently reviewed DaBeiNong's 2025 Internal Control Evaluation Report. The details are as follows:
I. Important Statement
In accordance with the requirements of the internal control standard system, the establishment, improvement, and effective implementation of internal control, the evaluation of its effectiveness, and the truthful disclosure of the internal control evaluation report are the responsibilities of the Company's Board of Directors. The Company's Audit Committee supervises the Board of Directors in establishing and implementing internal control. The Company's management is responsible for organizing and leading the daily operation of internal control. The Company's Board of Directors, Audit Committee, directors, and senior management guarantee that the content of the internal control self-evaluation report is free from any false records, misleading statements, or major omissions, and they shall bear individual and joint legal responsibility for the truthfulness, accuracy, and completeness of the report's content.
The objective of the Company's internal control is to reasonably ensure the legality and compliance of the Company's business operations, the safety of its assets, and the truthfulness and completeness of its financial reports and related information, to improve operational efficiency and effectiveness, and to promote the Company's sustainable development. Due to the inherent limitations of internal control, it can only provide reasonable assurance for achieving these objectives. Furthermore, changes in circumstances may render internal control inadequate, or reduce the degree of compliance with control policies and procedures. Therefore, there is a certain risk in inferring the effectiveness of future internal control based on the results of the internal control evaluation.
II. Internal Control Evaluation Conclusion and Auditor's Report
Based on the determination of major deficiencies in the Company's financial reporting internal control, as of the base date of the internal control evaluation report, there were no major deficiencies in financial reporting internal control. The Board of Directors believes that the Company has maintained effective financial reporting internal control in all material aspects in accordance with the requirements of the internal control standard system and relevant regulations.
Based on the determination of major deficiencies in the Company's non-financial reporting internal control, as of the base date of the internal control evaluation report, the Company has not found any major deficiencies in non-financial reporting internal control.
In summary, the Company's Board of Directors believes that, as of the base date of the internal control evaluation report, the Company has maintained effective internal control in all material aspects in accordance with the requirements of the internal control basic standard system. No factors have occurred between the base date of the internal control evaluation report and the date of issuance of the internal control evaluation report that affect the evaluation conclusion of the effectiveness of internal control.