002594SZSE

2025 Internal Control Self-Evaluation Report

BYD Company Limited·

✨ AI Summary

This report outlines the self-evaluation of internal controls for the year 2025, emphasizing the establishment of effective internal control systems. It highlights the responsibilities of the board and management in ensuring compliance and operational efficiency. The evaluation aims to enhance corporate governance and risk management practices.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Based on the basic norms of internal control of enterprises and the requirements of relevant regulations, this report combines the internal control self-evaluation of [Company Name] (hereinafter referred to as "the Company") and the methods of internal control evaluation. As of December 31, 2025, we have conducted an evaluation of the internal control self-evaluation report.

Important Statement

According to the basic norms of internal control of enterprises, establish a healthy and effective internal control system, and evaluate its effectiveness. The internal control self-evaluation report is the responsibility of the board of directors and the management team. The audit committee will conduct inspections and the management team will be responsible for the daily operations of the internal control system.

The Company's internal control objectives are to ensure that the Company operates in compliance with laws and regulations, financial reports are complete and accurate, and operational efficiency is improved. Due to the existing shortcomings in the internal control system, the Company has not yet fully implemented effective internal control measures.

Internal Control Evaluation Conclusion

Based on the financial reports and internal control self-evaluation, the Company recognizes significant deficiencies in internal control. The Company has not established a robust internal control system. The board believes that the internal control system and related requirements are essential for maintaining effective internal control.

Internal Control Evaluation Work Situation

Scope of Internal Control Evaluation

Under the joint efforts of the board and senior management, the Company has established a relatively complete internal control management system, from the perspective of business flow to establish a systematic internal control framework. The internal control system is necessary for the management of the Company.

The main units of the evaluation scope include business units, risk management, finance, and other departments. The evaluation will focus on the main business activities and their associated risks.

Company Governance

According to the Company Law, Securities Law, and relevant regulations, the Company has established a governance structure. The board of directors is the highest governance body, responsible for the overall management and supervision of the Company. The board of directors is responsible for the strategic decision-making of the Company.

The board of directors has established various committees, including the audit committee, nomination committee, and strategy committee, to support the governance of the Company.

Development Strategy

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