Internal Control Audit Report
Zhongxinghua Certified Public Accountants LLP
Address: 20/F, Tower B, Lize SOHO, 20 Lize Road, Fengtai District, Beijing PR China Tel: 010-51423818 Fax: 010-51423816
Zhongxinghua Internal Control Audit No. (2026) 590003
To all shareholders of Wuxi Shuangxiang Advanced Materials Co., Ltd.:
In accordance with the "Audit Guidelines for Internal Control of Enterprises" and the requirements of the Chinese Certified Public Accountants Practice Standards, we have audited the effectiveness of the internal financial reporting controls of Wuxi Shuangxiang Advanced Materials Co., Ltd. (hereinafter referred to as "Shuangxiang股份公司") as of December 31, 2025.
I. Responsibility of Shuangxiang股份公司 for Internal Control
In accordance with the provisions of the "Basic Norms for Enterprise Internal Control," "Application Guidelines for Enterprise Internal Control," and "Evaluation Guidelines for Enterprise Internal Control," the establishment, improvement, and effective implementation of internal controls, and the evaluation of their effectiveness are the responsibility of the Board of Directors of Shuangxiang股份公司.
II. Responsibility of Certified Public Accountants
Our responsibility is to express an audit opinion on the effectiveness of the internal financial reporting controls based on the implementation of audit work, and to disclose any material weaknesses in internal financial reporting controls that we have noted.