Report of the Audit Committee of Suzhou Shiming Technology Co., Ltd. on the Performance Evaluation of the Accounting Firm for 2025
Suzhou Shiming Technology Co., Ltd. (hereinafter referred to as "the Company") appointed Lixin Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Lixin") as the auditing firm for the Company's 2025 annual report. According to the "Management Measures for the Selection of Accounting Firms by State-owned Enterprises and Listed Companies," the Company's Audit Committee evaluated Lixin's performance for 2025 and issued a report on the fulfillment of supervisory responsibilities, as detailed below:
I. Basic Information of the Auditing Firm for the 2025 Annual Audit
(1) Basic Information of the Auditing Firm
Lixin was founded in 1927 in Shanghai by the accounting master Dr. Pan Xulun. It was re-established in 1986 and became the first special general partnership accounting firm in the country to complete its restructuring in 2010. Its registered address is in Shanghai, and the chief partner is Mr. Zhu Jiandi. Lixin is a member of the international accounting network BDO and has long been engaged in securities services. It held a securities and futures business license before the implementation of the new Securities Law, has H-share audit qualifications, and is registered with the Public Company Accounting Oversight Board (PCAOB) in the United States. As of the end of 2025, Lixin had 300 partners and 2,523 certified public accountants, with 802 accountants who have signed audit reports for securities services.
(2) Procedures for Appointing the Auditing Firm
The Company's Audit Committee held relevant meetings regarding the reappointment of the auditing firm for 2025 and formed written review opinions, agreeing to reappoint Lixin as the auditing firm for 2025 and submitting this to the Company's Board of Directors for review. The Company held the 16th meeting of the 5th Board of Directors and the 13th meeting of the 5th Supervisory Board on October 28, 2025, and convened the first extraordinary shareholders' meeting of 2025 on November 14, 2025, where the proposal for the reappointment of the auditing firm for 2025 was approved, agreeing to reappoint Lixin as the financial auditing firm for the Company.