Verification Opinion on the 2025 Internal Control Self-Assessment Report of Shanghai Yaoji Technology Co., Ltd. by CITIC Construction Investment Securities Co., Ltd.
CITIC Construction Investment Securities Co., Ltd. (hereinafter referred to as "CITIC Construction Investment Securities" or "Sponsor") acted as the sponsor for Shanghai Yaoji Technology Co., Ltd. (hereinafter referred to as "Yaoji Technology" or "Company") in the issuance of convertible corporate bonds to unspecified objects. In accordance with the "Administrative Measures for the Sponsorship of Securities Issuance and Listing" and other relevant laws, regulations, and normative documents, CITIC Construction Investment Securities conducted a verification of Yaoji Technology's 2025 Internal Control Self-Assessment Report. The specific situation is as follows:
1. Verification of the Company's 2025 Internal Control Self-Assessment Report
The sponsor representative of CITIC Construction Investment Securities carefully reviewed the Company's "2025 Internal Control Self-Assessment Report." Through inquiries with the Company's directors, senior management, internal auditors, and external audit institutions, as well as reviewing documents from shareholder meetings, board meetings, and various business and management regulations, the integrity, reasonableness, effectiveness, and the authenticity and objectivity of the "2025 Internal Control Self-Assessment Report" were verified from aspects such as the internal control environment, internal control system construction, and implementation status.
2. Self-Assessment of the Effectiveness of Internal Control System Implementation
(1) Conclusion of Internal Control Assessment
Based on the identification of significant deficiencies in financial reporting internal control, as of the internal control assessment report reference date, there are no significant deficiencies in financial reporting internal control. The board of directors believes that the Company has maintained effective financial reporting internal control in all material respects in accordance with the requirements of the enterprise internal control normative system and relevant regulations. Based on the identification of significant deficiencies in non-financial reporting internal control, as of the internal control assessment report reference date, the Company has not identified any significant deficiencies in non-financial reporting internal control. No factors affecting the effectiveness assessment of internal control have occurred between the internal control assessment report reference date and the issuance date of the internal control assessment report.
(2) Scope of Internal Control Assessment
The Company determined the main units, businesses, and matters included in the assessment scope based on a risk-oriented principle, as well as high-risk areas. The main units included the parent company and wholly-owned and controlled subsidiaries, with the total assets of the included units accounting for 100% of the total assets in the consolidated financial statements, and the total operating income accounting for 100% of the total operating income in the consolidated financial statements. The main businesses and matters included: organizational structure, development strategy, human resources, social responsibility, corporate culture, capital management, procurement and payment, sales and collection, production and warehousing, fundraising and investment, asset management, research and development, engineering projects, financial reporting, related party transactions, external guarantees, contract management, information systems, etc. The high-risk areas focused on include: management of raised funds, large fund transactions, asset management, external investments, related party transactions, external guarantees, information disclosure, procurement and payment, sales and collection. The above-mentioned included units, businesses, matters, and high-risk areas cover the main aspects of the Company's operational management, with no significant omissions.