Shandong Kaisheng New Materials Co., Ltd. Board of Directors
Report on the Assessment of Sichuan Huaxin (Group) Certified Public Accountants (Special General Partnership)'s Performance in 2025
In accordance with the "Shenzhen Stock Exchange GEM Stock Listing Rules (2025 Revision)", the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 2—GEM Listed Company Standardized Operation (2025 Revision)", and the "Articles of Association of Shandong Kaisheng New Materials Co., Ltd.", the Board of Directors of Shandong Kaisheng New Materials Co., Ltd. (hereinafter referred to as the "Company" or "Kaisheng New Materials") hereby provides its assessment opinion on the 2025 performance of Sichuan Huaxin (Group) Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Sichuan Huaxin") as follows:
I. Execution of the "Audit Service Agreement"
During the process of auditing Kaisheng New Materials' 2025 annual financial statements, Sichuan Huaxin maintained objectivity, independence, and fairness. It followed the "Chinese Certified Public Accountants Auditing Standards" and other relevant regulations, and planned and executed the audit work as stipulated in the "Audit Service Agreement". This included the audit of Kaisheng New Materials' 2025 financial statements, the audit of internal control effectiveness as of December 31, 2025, a special review of "Information on Non-operating Fund Occupancy and Other Related Party Transactions in 2025", and a special verification of "Information on the Storage and Use of Raised Funds in 2025".