Tianjin Life Pharmaceutical Co., Ltd.
Evaluation Report on the Performance of the Accounting Firm
Tianjin Life Pharmaceutical Co., Ltd. (hereinafter referred to as "the Company" or "this Company") has appointed Dahua Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Dahua Firm") as the Company's 2025 financial audit institution and internal control audit institution. In accordance with the relevant provisions of 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 of the State Council, and the China Securities Regulatory Commission, the Company has comprehensively evaluated Dahua Firm's professional qualifications, service capabilities, and performance assurance. The specific situation is as follows:
I. Basic Information of the Accounting Firm
(I) Qualification Conditions
Dahua Firm was established on February 9, 2012. It is a special general partnership with its registered address at Room 1101, Building 7, No. 16 Xisihuan Middle Road, Haidian District, Beijing. The chief partner is Mr. Yang Chenhui. Dahua Firm holds accounting firm practicing qualifications issued by the Ministry of Finance, has audit qualifications for securities and futures related businesses, and has many years of practical experience in auditing services in the capital market, possessing professional capabilities to provide financial audit and internal control audit services for listed companies.
As of December 31, 2024, Dahua Firm has 150 partners and 887 practicing certified public accountants, of which 404 certified public accountants have signed audit reports for securities service businesses. The scale of the professional team and their professional literacy can meet the audit service needs of listed companies. In 2024, Dahua Firm's total revenue was RMB 210,734.12 million, of which audit service revenue was RMB 189,880.76 million and securities service revenue was RMB 80,472.37 million. In 2024, it provided annual report audit services for 112 A-share listed companies, with a total audit fee of RMB 12,475.47 million. Its services cover multiple fields such as manufacturing, information transmission, software, and information technology services. It has accumulated rich practical experience in the manufacturing industry audit field, which is highly compatible with the Company's industry.
The qualifications of the project partner, signing certified public accountant, and project quality control reviewer for the Company's audit project are as follows:
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Signing Project Partner: Mr. Li Xiangfan became a certified public accountant in December 2004, began to engage in listed company audits in December 2006, began practicing at Dahua Firm in September 2021, will begin providing audit services to this Company in 2025, and has signed or reviewed audit reports for over 15 listed and listed companies in the past three years, possessing rich project management experience in listed company audits.
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Signing Certified Public Accountant: Mr. Yan Xinzhi became a certified public accountant in September 2015 and began to engage in listed company and listed company audits in October 2013. He began practicing at Dahua Firm in September 2021. In the past three years, he has signed audit reports for listed companies and listed companies exceeding 3 times, demonstrating solid professional capabilities.