Verification Report
Zhongxinghua Certified Public Accountants LLP
Address: 20th Floor, Tower B, Lize SOHO, 20 Lize Road, Fengtai District, Beijing, PR China
Postal Code: 100073
Phone: (010) 51423818
Fax: (010) 51423816
About the Verification Report
To all shareholders of Beijing Beixin Yuan Software Co., Ltd.:
We have been entrusted to verify the attached special report on the storage, management, and actual use of raised funds by Beijing Beixin Yuan Software Co., Ltd. (hereinafter referred to as "Beixin Yuan Company") as of December 31, 2025.
1. Responsibilities of the Board of Directors
According to the "Regulations on the Supervision of Raised Funds by Listed Companies" issued by the China Securities Regulatory Commission and the "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," the Board of Directors of Beixin Yuan Company is responsible for preparing the special report on the storage, management, and actual use of raised funds and ensuring that its content is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
2. Responsibilities of the Certified Public Accountants
Our responsibility is to express a verification opinion on the special report on the storage, management, and actual use of raised funds based on our verification work. We conducted our verification in accordance with the "Standards for Other Assurance Services No. 3101 - Assurance Services Other than Audits or Reviews of Historical Financial Information," which requires us to comply with the Code of Ethics for Chinese Certified Public Accountants and to plan and perform our verification work to obtain reasonable assurance that the special report does not contain material misstatements. During our verification work, we performed procedures such as inspecting accounting records and recalculating relevant amounts that we deemed necessary. We believe that our verification work provides a reasonable basis for our opinion.
3. Verification Conclusion
We believe that the special report on the storage, management, and actual use of raised funds by Beixin Yuan Company as of December 31, 2025, has been prepared in all material respects in accordance with the "Regulations on the Supervision of Raised Funds by Listed Companies" and the "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies."
4. Limitation on the Use of the Report
This verification report is solely for the purpose of disclosure in Beixin Yuan Company's 2025 annual report and may not be used for any other purpose.
Zhongxinghua Certified Public Accountants LLP
Certified Public Accountants: Beijing, China
Date: April 28, 2026
Special Report on the Storage, Management, and Actual Use of Raised Funds
1. Basic Information on Raised Funds
(1) Actual Amount Raised and Time of Receipt
According to the approval document from the China Securities Regulatory Commission (CSRC) [2016] No. 987 regarding the approval of the non-public issuance of shares by Beijing Beixin Yuan Software Co., Ltd., and with the consent of the Shenzhen Stock Exchange, the company issued 66,500,000 ordinary shares (A shares) at a price of RMB 18.98 per share, raising a total of RMB 1,262,170,000. After deducting underwriting fees, sponsorship fees, verification fees, legal fees, and other issuance expenses amounting to RMB 25,299,060, the actual net amount raised was RMB 1,236,870,940. The raised funds were transferred to the company's special account for raised funds on October 31, 2016, and were verified by Zhongxi Certified Public Accountants LLP, which issued a verification report on November 1, 2016 (Verification No. [2016] 0414).