Report of the Audit Committee on the Supervision of the 2025 Annual Audit Firm of Zhejiang Jiaxin Silk Co., Ltd.
In accordance with the "Company Law of the People's Republic of China," "Administrative Measures for the Selection of Accounting Firms by State-owned Enterprises and Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Standardized Operation of Main Board Listed Companies," and the "Articles of Association of Zhejiang Jiaxin Silk Co., Ltd." (hereinafter referred to as the "Articles of Association") and the "Work Rules of the Audit Committee," and other relevant regulations and requirements, the Audit Committee of the Board of Directors, with diligence and responsibility, hereby reports on the supervision of the company's 2025 annual audit firm:
I. Basic Information of the 2025 Annual Audit Firm
(I) Qualification Conditions
Xinyi Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Xinyi") was founded in Shanghai in 1927 by the renowned Chinese accounting scholar Dr. Pan Xulun. It was re-established in 1986 and became the first special general partnership accounting firm to complete its restructuring nationwide in 2010. Its registered address is in Shanghai, and its managing partner is Mr. Zhu Jiandi.
Xinyi is a member of the international accounting network BDO and has long been engaged in securities service business. Before the implementation of the new Securities Law, it held securities and futures business licenses, possesses H-share audit qualifications, and is registered with the Public Company Accounting Oversight Board (PCAOB) in the United States.