Dongxing Securities Co., Ltd.
Audit Opinion on the 2025 Self-Evaluation Report of Internal Control of Hangzhou Hesun Technology Co., Ltd.
Dongxing Securities Co., Ltd. (hereinafter referred to as "Dongxing Securities" or "Sponsor") as the sponsor of Hangzhou Hesun Technology Co., Ltd. (hereinafter referred to as "Hesun Technology" or "the Company") for its initial public offering of shares and listing on the ChiNext market, in accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 2 - Norms for Operation of ChiNext Listed Companies (2025 Revision)," and the "Basic Norms for Enterprise Internal Control" and other laws, regulations, and normative documents, has audited the "2025 Self-Evaluation Report of Internal Control of Hangzhou Hesun Technology Co., Ltd." The specific situation is as follows:
I. Important Statement
In accordance with the requirements of the enterprise internal control normative system, 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 audit committee supervises the board of directors in establishing and implementing internal control. Management is responsible for organizing and leading the daily operation of the company's internal control. The Company's board of directors, directors, and senior management guarantee that the content of this report does not contain any false records, misleading statements, or major omissions, and they shall bear individual and joint legal liability for the authenticity, accuracy, and completeness of the report's content.
The objective of the Company's internal control is to reasonably ensure that business operations are legal and compliant, assets are safe, financial reports and related information are true, accurate, 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, changes in circumstances may cause internal control to become inappropriate, or the degree of compliance with control policies and procedures may decrease. Based on the results of the internal control evaluation, there is a certain risk in inferring the effectiveness of future internal control.
II. Internal Control Evaluation Work
The Company's board of directors authorized the internal audit department to be responsible for the specific organization and implementation of the internal control evaluation, and to evaluate high-risk areas and units included in the evaluation scope. During the evaluation process, methods such as individual interviews, walkthrough tests, and sampling were used to extensively collect evidence on the effectiveness of the design and operation of the Company's internal control, truthfully fill out evaluation work papers, analyze and identify internal control deficiencies, discover shortcomings, and implement rectifications.
The Company, in accordance with the "Basic Norms for Enterprise Internal Control" and other relevant regulations jointly issued by the Ministry of Finance, China Securities Regulatory Commission, and other five ministries, has established a relatively complete and effectively operating internal control system. From the corporate governance level to all business process levels, a systematic internal control system and necessary internal supervision mechanisms have been established, providing reasonable assurance for the legality and compliance of the Company's business operations, the safety of its assets, the truthfulness and completeness of its financial reports and related information, and the improvement of operating efficiency and effectiveness, and promoting the realization of the Company's development strategies.
(I) Scope of Internal Control Evaluation
The Company determines the main units, businesses, and matters, as well as high-risk areas included in the evaluation scope, based on a risk-oriented approach.