002425SZSE

Independent Auditor's Report on the Use and Storage of Raised Funds of Kaisa (China) Culture Co., Ltd. for 2025

Caesar Culture Co., Ltd.·

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This report provides an independent assurance on Kaisa (China) Culture Co., Ltd.'s 2025 report regarding the use and storage of raised funds. The company has complied with relevant regulations and its own management rules. The report confirms that the company's disclosures accurately reflect the status of its raised funds.

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Independent Auditor's Report on the Use and Storage of Raised Funds of Kaisa (China) Culture Co., Ltd. for 2025 Special Report on the Use and Storage of Raised Funds of Kaisa (China) Culture Co., Ltd. for 2025 1-3

Independent Auditor's Report on the Use and Storage of Raised Funds of Kaisa (China) Culture Co., Ltd. for 2025

Audit Report Serial Number: Zhitong Special Word (2026) No. 442A010179

To all shareholders of Kaisa (China) Culture Co., Ltd.:

We were engaged to perform assurance services on the accompanying "Special Report on the Use and Storage of Raised Funds of Kaisa (China) Culture Co., Ltd. for 2025" (hereinafter referred to as the "Special Report") to provide reasonable assurance.

The Special Report for 2025 was prepared in accordance with the "Supervision Regulations for Raised Funds of Listed Companies" and the "Normative Operation Guidelines for Main Board Listed Companies of the Shenzhen Stock Exchange." It is the responsibility of the board of directors of Kaisa Culture Company to ensure that the content of the Special Report is true, accurate, and complete, and that it does not contain any false records, misleading statements, or material omissions. Our responsibility is to express an assurance conclusion on the Special Report for 2025 prepared by the board of directors of Kaisa Culture Company, based on our assurance work.

We planned and performed our assurance work in accordance with the "Chinese Standards on Assurance Engagements Other Than Audits or Reviews of Historical Financial Information" (CSAE 3101) to obtain reasonable assurance about whether the Special Report for 2025 is free from material misstatement. In our assurance work, we performed procedures including inquiries, confirmations, and other procedures that we considered necessary, in conjunction with the actual situation of Kaisa Culture Company. We believe that our assurance work provides a reasonable basis for our assurance conclusion.

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