Sichuan Road & Bridge Heavy Industries Co., Ltd. Internal Control Self-Evaluation Report
Sichuan Road & Bridge Heavy Industries Co., Ltd. 2025 Internal Control Self-Evaluation Report
To All Shareholders of Sichuan Road & Bridge Heavy Industries Co., Ltd.:
Based on the "Basic Norms for Enterprise Internal Control" and its supporting guidelines, as well as other internal control regulatory requirements (collectively referred to as the "Enterprise Internal Control Norms"), and in conjunction with the internal control management system and evaluation requirements of Sichuan Road & Bridge Heavy Industries Co., Ltd. (hereinafter referred to as the "Company"), and on the basis of daily supervision and special supervision of internal control, the effectiveness of the Company's internal control as of December 31, 2025 (the internal control evaluation reporting date) has been self-evaluated.
I. Important Statement
In accordance with the requirements of the Enterprise Internal Control Norms, the establishment, improvement, and effective implementation of internal control, the evaluation of its effectiveness, and the truthful disclosure of the internal control evaluation report are the responsibilities of the Company's Board of Directors. The management is responsible for organizing and leading the daily operation of the Company's internal control. The Board of Directors, its directors, and senior management guarantee that the content of this report contains no false records, misleading statements, or significant omissions, and assume individual and joint legal liability for the truthfulness, accuracy, and completeness of the report's content.
The objective of the Company's internal control is to reasonably ensure that business management is legal and compliant, assets are safe, financial reports and related information are true and complete, operating efficiency and effectiveness are improved, and development strategies are achieved. Due to the inherent limitations of internal control, it can only provide reasonable assurance for the achievement of these objectives. Furthermore, due to changes in circumstances, internal control may become inappropriate, or the degree of compliance with control policies and procedures may decrease. There is a certain risk in inferring the future effectiveness of internal control based on the results of the internal control evaluation.
II. Conclusion of Internal Control Evaluation
Based on the identification of material defects in the Company's financial reporting internal control, as of the internal control evaluation reporting date, there were no material defects in financial reporting internal control. The Board of Directors believes that the Company has maintained effective financial reporting internal control in all material aspects in accordance with the requirements of the Enterprise Internal Control Norms and relevant regulations.
Based on the identification of material defects in the Company's non-financial reporting internal control, as of the internal control evaluation reporting date, no material defects in non-financial reporting internal control were found.
From the internal control evaluation reporting date to the issuance date of the internal control evaluation report, no factors have occurred that affect the conclusion of the internal control effectiveness evaluation.
III. Internal Control Evaluation Work
(I) Scope of Internal Control Evaluation
The Company determines the main entities, businesses, and matters included in the scope of evaluation, as well as high-risk areas, based on a risk-oriented approach. The entities included in the scope of evaluation are Sichuan Road & Bridge Heavy Industries Co., Ltd., Chengdu Deep Cold Technology Co., Ltd., Chengdu Deep Cold Clean Energy Development Co., Ltd., Chengdu Deep Cold Lingtai Electromechanical Technology Co., Ltd., Inner Mongolia Deep Cold Special Gas Co., Ltd., Chengdu Deep Cold Gas Co., Ltd., and Sichuan Shudao New Energy Technology Co., Ltd. The total assets of the entities included in the scope of evaluation account for 100% of the Company's consolidated financial statement assets, and the total operating income accounts for 100% of the Company's consolidated financial statement operating income.