Audit Committee's 2025 Performance Review Report on the Accounting Firm
In accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Guidelines on Corporate Governance for Listed Companies," "Measures for the Selection and Appointment of Accounting Firms by State-owned Enterprises and 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" and "Audit Committee Work Rules" of Guizhou Xinbang Pharmaceutical Co., Ltd. (hereinafter referred to as the "Company"), the Audit Committee of the Board of Directors has diligently performed its duties with a commitment to integrity and responsibility. The Audit Committee's performance review of Beijing Dehao International Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Beijing Dehao International") for the year 2025 and its fulfillment of supervisory responsibilities are reported as follows:
I. Basic Information of the 2025 Annual Audit Accounting Firm
(I) Institutional Information
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Basic Information Name: Beijing Dehao International Certified Public Accountants (Special General Partnership) Date of Establishment: December 8, 2008 Organizational Form: Special General Partnership Registered Address: Floor 5, Room 519A, No. 31 Fuchengmenwai Street, Xicheng District, Beijing Managing Partner: Zhao Huanqi As of December 31, 2025, Beijing Dehao International had 72 partners and 296 certified public accountants, of whom 165 had signed audit reports for securities service businesses. In 2025, its total revenue was RMB 40,109.58 million (audited, same below), with audit revenue of RMB 32,890.81 million and securities business revenue of RMB 18,700.69 million. The firm audited 129 listed companies in 2025, primarily in the manufacturing, information transmission, software and information technology services, scientific research and technical services, water conservancy, environmental and public facilities management, wholesale, and retail industries. The number of audit clients among peer listed companies for our company is 87.
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Investor Protection Capability Beijing Dehao International possesses strong investor protection capabilities. It has provisioned for a professional liability reserve fund and purchased professional liability insurance in accordance with relevant laws and regulations. The balance of the professional liability reserve fund at the end of the previous year was RMB 105.35 million, and the cumulative insurance coverage limit is RMB 300 million. The provisioning of the professional liability reserve fund and the purchase of professional liability insurance comply with relevant regulations. Beijing Dehao International has not been subject to civil liabilities arising from malpractice in the past three years.
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Integrity Record As of December 31, 2025, Beijing Dehao International has not received any criminal penalties, administrative penalties, or administrative regulatory measures from regulatory bodies, self-regulatory measures from industry associations, or disciplinary actions in the past three years due to its professional conduct. During this period, 32 staff members received 24 administrative regulatory measures, 6 self-regulatory measures, 2 administrative penalties, 1 disciplinary action, and 1 industry sanction due to their professional conduct in the past three years (excluding 1 administrative regulatory measure, 1 administrative penalty, and 1 industry sanction, the rest occurred outside of Beijing Dehao International's employment period). In accordance with relevant laws and regulations, the aforementioned administrative regulatory measures and administrative penalties do not affect Beijing Dehao International's continued engagement in securities service businesses and other businesses.