According to the "Company Law of the People's Republic of China" and the "Regulations on the Management of Accounting Firms," the audit committee of Wuxi Honghui New Materials Technology Co., Ltd. (hereinafter referred to as "the Company") has compiled the following report on the performance of the accounting firm for 2025 and the audit committee's supervisory responsibilities:
2025 Annual Evaluation of the Accounting Firm's Performance
Basic Information of the Accounting Firm
Firm Name: Jiangsu Tianxin Certified Public Accountants (Special General Partnership), formerly known as Jiangsu Tianxin Certified Public Accountants, hereinafter referred to as "Tianxin CPAs"
Established: 1982
Organization Type: Special General Partnership
Registered Address: Room 5-1001, Wuxi Taihu New City Wealth Center
Chairman: Zhang Caijie
As of December 31, 2025, Tianxin CPAs had 56 partners and 312 registered accountants, among which 172 were engaged in auditing services.
The total revenue from the 2025 annual audit was 29,306.46 million yuan, with auditing service income of 15,706.31 million yuan. In 2025, the firm reported a total of 3,000 clients, with an income of 548.62 million yuan from the main business, including software and information technology services, supply chain management, and environmental public management.
Performance of the Accounting Firm in Recent Years
In the past three years, Tianxin CPAs has received three regulatory penalties, six management measures, and three legal penalties, with no instances of the firm being subject to administrative penalties.