Guangdong Tianyuan Industrial Group Co., Ltd. (hereinafter referred to as "the Company") commissioned Huaxing Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Huaxing CPA") to conduct an evaluation of the performance of the accounting firm for the 2025 audit. Based on the evaluation process, the Company believes that Huaxing CPA has met the relevant requirements for the performance of its duties.
2025 Accounting Firm Performance Overview
Basic Situation of the Accounting Firm
Huaxing CPA was established in 1981 and has been engaged in accounting services since December 1998. The firm has undergone several changes, including the establishment of Huaxing CPA Co., Ltd. in January 2009. As of July 2019, it has further expanded its services.
As of December 31, 2025, Huaxing CPA had 73 partners and 185 registered accountants. The total revenue for 2025 is projected to be RMB 375.59 million, with the firm's service income amounting to RMB 39.762 million and audit service income of RMB 24.121 million.
| Revenue Source | Amount (RMB) |
|---|---|
| Total Revenue | 375,590,000 |
| Service Income | 39,762,000 |
| Audit Income | 24,121,000 |
Investment Protection Capability
As of December 31, 2025, Huaxing CPA has established a professional risk reserve fund of RMB 126.55 million, with a liability limit of RMB 8 million. The firm has also implemented measures to ensure compliance with relevant regulations.