Guosen Securities Co., Ltd.
Review Opinion on Jiangxi Zhitex New Material Co., Ltd.'s 2025 Annual Internal Control Evaluation Report
Guosen Securities Co., Ltd. (hereinafter referred to as the "Sponsor") is the sponsor of Jiangxi Zhitex New Material Co., Ltd. (hereinafter referred to as "Zhitex New Material" or "the Company") for its initial public offering of shares on the ChiNext market and its issuance of convertible corporate bonds to unspecified targets. In accordance with the "Administrative Measures for the Sponsorship Business of Securities Issuance and Listing," the "ChiNext Stock Market Listing Rules," and the "Sponsor Business" of the Shenzhen Stock Exchange's "Self-Regulatory Guidelines for Listed Companies No. 13," etc., the Sponsor has prudently reviewed Zhitex New Material's 2025 Annual Internal Control Evaluation Report. The details of the review are as follows:
I. Important Statement
In accordance with the requirements of the enterprise internal control standard system, it is the responsibility of the company's board of directors to establish, improve, and effectively implement internal controls, evaluate their effectiveness, and disclose the internal control evaluation report truthfully. The audit committee supervises the board of directors in establishing and implementing internal controls. The management is responsible for organizing and leading the daily operations of the company's internal controls. The company's board of directors, audit committee, directors, and senior management guarantee that the content of this report contains no false records, misleading statements, or significant omissions, and they shall bear 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 promoted. Due to the inherent limitations of internal control, it can only provide reasonable assurance for achieving these objectives. Furthermore, due to changes in circumstances, internal controls may become inappropriate, or the degree of compliance with control policies and procedures may decrease. Therefore, there is a certain risk in inferring the effectiveness of future internal controls based on the results of the internal control evaluation.
II. Conclusion of Internal Control Evaluation
Based on the determination of major deficiencies in the company's financial reporting internal controls, as of the base date of the internal control evaluation report, there are no major deficiencies in financial reporting internal controls. The board of directors believes that the company has maintained effective financial reporting internal controls in all material aspects in accordance with the requirements of the enterprise internal control standard system and relevant regulations.
Based on the determination of major deficiencies in the company's non-financial reporting internal controls, as of the base date of the internal control evaluation report, the company has not found any major deficiencies in non-financial reporting internal controls.
No factors have occurred between the base date of the internal control evaluation report and the issuance date of the internal control evaluation report that affect the conclusion on the effectiveness of internal control.
III. Internal Control Evaluation Work
(I) Scope of Internal Control Evaluation