To all shareholders of Zhejiang Jiaxin Silk Co., Ltd.:
Pursuant to the Basic Norms for Enterprise Internal Control and its supporting guidelines, and other internal control regulatory requirements (collectively referred to as the "Internal Control Norms System"), combined with the company's internal control system and evaluation methods, and based on daily supervision and special supervision of internal controls, we have evaluated the effectiveness of the company's internal controls as of December 31, 2025 (the "Evaluation Base Date").
I. Conclusion of Internal Control Evaluation
Based on the determination of material weaknesses in the company's financial reporting internal controls, as of the Evaluation Base Date, there were no material weaknesses in financial reporting internal controls. The Board of Directors believes that the company has maintained effective financial reporting internal controls in all material aspects in accordance with the requirements of the Internal Control Norms System and relevant regulations.
Based on the determination of material weaknesses in the company's non-financial reporting internal controls, as of the Evaluation Base Date, the company found no material weaknesses in non-financial reporting internal controls.
No factors have arisen between the Evaluation Base Date and the issuance date of this Internal Control Evaluation Report that would affect the conclusion of the internal control effectiveness evaluation.
II. Internal Control Evaluation Work
(I) Scope of Internal Control Evaluation