300899SZSE

2025 Annual Internal Control Evaluation Report

*ST Kaixin Co., Ltd.·

✨ AI Summary

This report evaluates the effectiveness of internal controls at Shanghai Kaixin Separation Technology Co., Ltd. as of December 31, 2025. The board confirms no significant defects in financial or non-financial reporting controls. The evaluation covers key operational areas and affirms compliance with internal control standards, ensuring the company's strategic goals are met without major omissions.

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Full Translation

AI Translation· azure_openai

Important Statement

According to the regulations of the internal control normative system, establishing, improving, and effectively implementing internal controls, evaluating their effectiveness, and truthfully disclosing the internal control evaluation report is the responsibility of the company's board of directors. The audit committee supervises the establishment and implementation of internal controls by the board. The management is responsible for organizing and leading the daily operations of internal controls. The board of directors, audit committee, and senior management ensure that the content of this report does not contain any false records, misleading statements, or significant omissions, and bear individual and joint legal responsibility for the truthfulness, accuracy, and completeness of the report. The goal of the company's internal controls is to reasonably ensure legal compliance in management, asset security, and the authenticity and completeness of financial reports and related information, thereby improving operational efficiency and effectiveness and promoting the achievement of development strategies. Due to inherent limitations in internal controls, they can only provide reasonable assurance of achieving the above goals. Additionally, changes in circumstances may render internal controls inappropriate or reduce adherence to control policies and procedures, making it risky to infer the future effectiveness of internal controls based on evaluation results.

Internal Control Evaluation Conclusion

Based on the identification of significant defects in internal controls over financial reporting, as of the evaluation report reference date, there are no significant defects in financial reporting internal controls. The board believes that the company has maintained effective internal controls over financial reporting in all material respects in accordance with the requirements of the internal control normative system and related regulations. Based on the identification of significant defects in non-financial reporting internal controls, as of the evaluation report reference date, the company has not identified any significant defects in non-financial reporting internal controls. No factors affecting the evaluation conclusion of internal control effectiveness have occurred between the evaluation report reference date and the issuance date of the evaluation report.

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