Report on the Performance of the Audit Committee of the Board of Directors for 2025
In 2025, the Audit Committee of the Board of Directors of the company strictly adhered to the requirements of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Code of Corporate Governance for Listed Companies, the Articles of Association, and other relevant laws and regulations. Following the principles of objectivity, fairness, and independence, the committee diligently fulfilled its supervisory responsibilities, effectively performing its functions. The following is the work report of the Audit Committee for 2025:
I. Basic Information of the Audit Committee
The third Audit Committee of the Board of Directors consists of independent directors Mr. Xu Weidong, Mr. Zheng Lei, and employee director Mr. Zhu Weigang (who assumed office in July 2025). Mr. Xu Weidong, a professional accountant, serves as the chairperson of the committee and oversees its related work. All members of the Audit Committee are directors who do not hold senior management positions in the company, with independent directors accounting for more than half of the committee members. They possess the professional knowledge and relevant experience required to fulfill the responsibilities of the Audit Committee, in compliance with the relevant laws and regulations regarding the composition and professional configuration of the committee.