Verification Opinion of CITIC Securities Co., Ltd. on the 2025 Internal Control Self-Evaluation Report of Sichuan Qiaoyuan Gas Co., Ltd.
CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities" or "Sponsor"), as the sponsor for Sichuan Qiaoyuan Gas Co., Ltd. (hereinafter referred to as "Qiaoyuan Shares" or "the Company") for its initial public offering and listing on the ChiNext market, has, in accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business" and other relevant laws, regulations, and normative documents, conducted a verification of Qiaoyuan Shares' 2025 internal control self-evaluation report. The details are as follows:
I. Sponsor's Verification of the Company's 2025 Internal Control Self-Evaluation Report
CITIC Securities' sponsor representatives have carefully reviewed the "Sichuan Qiaoyuan Gas Co., Ltd. 2025 Internal Control Self-Evaluation Report." Through interviews with the Company's directors, senior management, internal audit personnel, and external audit institutions, as well as by examining company shareholder meetings, board of directors meetings, and other business and management rules and regulations, the Sponsor has verified the completeness, reasonableness, and effectiveness of Qiaoyuan Shares' internal controls, as well as the authenticity and objectivity of the "Sichuan Qiaoyuan Gas Co., Ltd. 2025 Internal Control Self-Evaluation Report."
II. Company's Self-Evaluation of the Effectiveness of Internal Control System Execution
(I) Internal Control Evaluation Conclusion
Based on the determination of material defects in the Company's financial reporting internal controls, as of the internal control evaluation report's base date, the Company has no material defects in its financial reporting internal controls. The Board of Directors believes that the Company has, in all material aspects, maintained effective financial reporting internal controls in accordance with the requirements of the enterprise internal control standard system and relevant regulations.
Based on the determination of material defects in the Company's non-financial reporting internal controls, as of the internal control evaluation report's base date, the Company has found no material defects in its non-financial reporting internal controls.
No factors have occurred between the internal control evaluation report's base date and the issuance date of the internal control evaluation report that affect the conclusion of the internal control effectiveness evaluation.
(II) Scope of Internal Control Evaluation
The scope of the internal control evaluation covers various businesses and matters of the Company and its subsidiaries, with a focus on the following high-risk areas: market risk, energy procurement risk, major contract termination risk, safety production risk, management risk, etc.
The entities included in the evaluation scope are: