Shenzhen and Huarui Intelligent Control Co., Ltd.
Report on the Performance Evaluation of the Accounting Firm for 2025
Shenzhen and Huarui Intelligent Control Co., Ltd. (hereinafter referred to as "the Company") hereby engages Zhongxinghua Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Zhongxinghua Firm") as the Company's 2025 audit institution.
In accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Measures for the Selection of Accounting Firms by State-owned Enterprises and Listed Companies," and the "Articles of Association," etc., the Company has evaluated Zhongxinghua Firm's performance during the 2025 audit process. Based on the evaluation, the Company believes that Zhongxinghua Firm is compliant and effective in terms of qualifications, maintains independence in its performance, acts diligently and responsibly, and expresses a fair opinion. The specific details are as follows:
I. Qualification Conditions
Name: Zhongxinghua Certified Public Accountants (Special General Partnership) Date of Establishment: Established in 1993 Organizational Form: Special General Partnership Registered Address: Floor 20, Building South, Building 1, Courtyard 20, Lize Road, Fengtai District, Beijing Managing Partner: Li Zunong
As of the end of 2025, the accounting firm has 212 partners, 1,084 certified public accountants, and 532 certified public accountants who have signed audit reports for securities services.
In 2024, it served 169 listed company audit clients, primarily in the manufacturing, information transmission, software and information technology services, wholesale and retail, real estate, and mining industries. Audit fees amounted to RMB 220 million. It served 16 listed company audit clients in the same industry as our company.
II. Practice Records
The basic information of the 2025 annual report audit project team is as follows:
- Basic Information
Project Partner: Zhang Yang, became a certified public accountant in 2015, began engaging in listed company audits in 2015, started practicing at Zhongxinghua Firm in 2019, and will begin providing audit services to our company in 2026. In the past three years, he has signed audit reports for 7 listed companies. The specific details are as follows:
| Time | Listed Company Name | Position |
|---|---|---|
| 2022 | Huayang Union | Project Partner |
| 2022-2023 | Qingniao Fire | Project Partner |
| 2023-2024 | Zhaoyi Innovation, State Grid Information, Beijing-Shanghai High-Speed Rail | Project Partner/Signing Certified Public Accountant |
| 2024 | Gaohua Technology, Guangdian Network | Project Partner/Signing Certified Public Accountant |
Signing Certified Public Accountant: Xu Qiang, became a certified public accountant in 2017, began engaging in listed company audits in 2014, started practicing at Zhongxinghua Firm in 2025, and will begin providing audit services to our company in 2026. In the past three years, he has been responsible for and signed audit reports for a total of 6 listed companies. The specific details are as follows: