Polyfluoride New Materials Co., Ltd.
Report on the Performance Evaluation of Z&D (Shenzhen) Certified Public Accountants (Special General Partnership) for 2025
Polyfluoride New Materials Co., Ltd. (hereinafter referred to as the "Company") engaged Z&D (Shenzhen) Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Z&D") as the accounting firm to issue the audit report for the Company's 2025 financial statements.
In accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," "Measures for the Selection and Appointment of Accounting Firms by State-owned Enterprises and Listed Companies," "Shenzhen Stock Exchange Main Board Listed Company Self-Regulatory Management Guide No. 1 - Standardized Operation of Main Board Listed Companies," and the "Articles of Association," etc., the Company's Board of Directors has conducted a comprehensive, objective, and prudent evaluation of Z&D's performance during its tenure as the Company's audit institution in 2025. The specific situation is as follows:
I. Basic Information of the 2025 Annual Audit Accounting Firm
(I) Basic Information of the Accounting Firm
Institution Name: Z&D (Shenzhen) Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Z&D") Date of Establishment: January 12, 2005 Organizational Form: Special General Partnership Registered Address: 11F, Guangdian Financial Center, 9 Pengcheng Road, Pengcheng Road, Lianhua Street, Futian District, Shenzhen Managing Partner: Li Jianwei As of December 31, 2025, Z&D had 33 partners and 124 certified public accountants. The number of certified public accountants who have signed audit reports for securities service businesses is 89.
(II) Investor Protection Capability
As of December 31, 2025, Z&D had purchased professional liability insurance with an accumulated insurance limit of RMB 10,000.00 ten thousand yuan and had accrued a professional risk fund. The year-end balance of the professional risk fund (audited) was RMB 217.58 ten thousand yuan. The accrual of Z&D's professional risk fund and the purchase of professional liability insurance comply with relevant regulations. There have been no civil liabilities undertaken in civil lawsuits related to professional conduct in the past three years.
(III) Integrity Record