Yantai Zhenghai Magnetic Materials Co., Ltd.
Audit Committee
March 30, 2026
Audit Committee's Report on the Performance of the Accounting Firm in 2025 and Fulfillment of Supervisory Responsibilities
According to the "Company Law," "Securities Law," "Corporate Governance Guidelines for Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 2 - Norms for the Operation of GEM Listed Companies," and other laws, regulations, and normative documents, as well as the "Articles of Association" and "Work Rules of the Board of Directors' Audit Committee" of Yantai Zhenghai Magnetic Materials Co., Ltd. (hereinafter referred to as the "Company"), the Board of Directors' Audit Committee, with the principle of diligence and responsibility, has performed its duties conscientiously and diligently. The evaluation of the accounting firm's performance in 2025 and the fulfillment of supervisory responsibilities are hereby reported as follows:
I. Basic Information of the Accounting Firm for the 2025 Annual Audit
(I) Basic Information of the Accounting Firm
Zhongxinghua Certified Public Accountants was established in 1993 and was approved by the State Administration for Industry and Commerce in 2000 to be reformed into "Zhongxinghua Certified Public Accountants Co., Ltd." In 2009, it merged with Jiangsu Fuhua Certified Public Accountants and was renamed "Zhongxinghua Fuhua Certified Public Accountants Co., Ltd." In 2013, the Company underwent a conversion to a partnership system, and the firm was renamed "Zhongxinghua Certified Public Accountants (Special General Partnership)" (hereinafter referred to as "Zhongxinghua Firm").
The registered address of Zhongxinghua Firm is: 20th Floor, South Building, Building 1, Lize Road, Fengtai District, Beijing. The managing partner is Li Zunnong.