Report on the Performance Evaluation of the Accounting Firm for 2025
Zhejiang Jiaxin Silk Co., Ltd. (hereinafter referred to as the "Company") engaged Lixin Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Lixin") as the Company's auditor for the 2025 annual report. In accordance with the "Administrative Measures for the Selection of Accounting Firms by State-owned Enterprises and Listed Companies" issued by the Ministry of Finance, the State-owned Assets Supervision and Administration Commission, and the China Securities Regulatory Commission, the Company has evaluated Lixin's performance during the 2025 audit process. Based on the evaluation, the Company believes that Lixin's qualifications are compliant and effective, its performance is independent and diligent, and its opinion is fairly expressed. The specific details are as follows:
I. Qualification Conditions
(I) Basic Information
Lixin was founded by Dr. Pan Xulun, a renowned Chinese accountant, in Shanghai in 1927. It was re-established in 1986 and became the first special general partnership accounting firm in China to complete its restructuring in 2010. Its registered address is in Shanghai, and its chief partner is Mr. Zhu Jiandi. Lixin 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, has H-share audit qualifications, and is registered with the Public Company Accounting Oversight Board (PCAOB) of the United States.