301388SZSE

Report on the 2025 Annual Continuous Supervision On-site Inspection of Xinling Electric Co., Ltd. by Guotai Junan Securities Co., Ltd.

✨ AI Summary

This report outlines the findings from the on-site inspection conducted by Guotai Junan Securities for Xinling Electric Co., Ltd. on March 18, 2026. The inspection assessed corporate governance, internal controls, information disclosure, and the use of raised funds. No violations were found in these areas, indicating compliance with relevant regulations and internal policies.

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Report on the 2025 Annual Continuous Supervision On-site Inspection of Xinling Electric Co., Ltd.

Sponsor Institution: Guotai Junan Securities Co., Ltd.
Sponsored Institution: Xinling Electric Co., Ltd.
Sponsor Representatives:

  • Name: Huang Wan
    Phone: 021-38676666
  • Name: Chen Lei
    Phone: 021-38676666
    On-site Inspection Personnel: Chen Lei
    Inspection Period: 2025
    Inspection Date: March 18, 2026

I. On-site Inspection Matters

On-site Inspection Opinions

ItemYesNoNot Applicable
(1) Corporate Governance Inspection Methods:
1. Interview relevant directors, supervisors, and senior executives of the company;
2. Verify the company's articles of association, documents of the three meetings, corporate governance systems, and check the notices, records, and attendance lists of the three meetings to verify the convening procedures, qualifications of attendees, qualifications of conveners, voting procedures, etc.;
3. Verify the documents of the board's special committees and cross-check relevant company announcements;
4. Review the company's articles of association and other relevant governance documents.
1. Are the articles of association and corporate governance systems complete and compliant?
2. Are the articles of association and three meeting rules effectively implemented?
3. Are the minutes of the three meetings complete, with all necessary elements such as time, place, attendees, and meeting content preserved?
4. Are the resolutions of the three meetings confirmed by signatures of relevant attendees?
5. Do the directors, supervisors, and senior executives perform their duties in accordance with relevant laws, administrative regulations, departmental rules, normative documents, and relevant business rules of the exchange?
6. If there are significant changes in the directors, supervisors, and senior executives, have the corresponding procedures and disclosure obligations been fulfilled?
7. If there are changes in the controlling shareholder or actual controller, have the corresponding procedures and disclosure obligations been fulfilled?
8. Are the company's personnel, assets, finances, institutions, and business independent?
9. Is there no competition between the company and its controlling shareholder or actual controller?

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