China Merchants Securities Co., Ltd.
Audit Opinion
Audit Opinion on Shenzhen TianSu Measurement Co., Ltd.'s 2025 Internal Control Self-Evaluation Report
China Merchants Securities Co., Ltd. (hereinafter referred to as "China Merchants Securities" or "Sponsor") is the sponsor of Shenzhen TianSu Measurement Co., Ltd. (hereinafter referred to as "TianSu Measurement" or "Company") for its initial public offering of shares on the ChiNext market. In accordance with the requirements of the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," the "ChiNext Stock Market Listing Rules of the Shenzhen Stock Exchange," the "ChiNext Market Listed Company Regulatory Guidelines No. 2 - Standardized Operation of ChiNext Market Listed Companies," and the "Basic Norms for Enterprise Internal Control," and other relevant laws, regulations, and normative documents, the audit opinion on the "Shenzhen TianSu Measurement Co., Ltd. 2025 Internal Control Evaluation Report" is hereby issued as follows:
I. Important Statement
The Company's board of directors, supervisory committee, and directors and senior management guarantee that the content of this report is free from any false records, misleading statements, or significant omissions, and shall bear individual and joint legal responsibility for the authenticity, accuracy, and completeness of the content of the report.
It is the responsibility of the Company's board of directors to establish, improve, and effectively implement internal controls in accordance with the requirements of the enterprise internal control normative system, evaluate their effectiveness, and disclose the internal control evaluation report truthfully. The audit committee supervises the establishment and implementation of internal controls by the board of directors, and the senior management is responsible for organizing and leading the daily operation of the Company's internal controls.
The objective of the Company's internal control is to reasonably guarantee that business operations are legal and compliant, assets are safe, financial reports and related information are true and complete, operating efficiency and effectiveness are improved, and development strategies are achieved. Due to the inherent limitations of internal control, it can only provide reasonable assurance for the achievement of these objectives. In addition, due to changes in circumstances, internal controls may become inappropriate, or the degree of compliance with control policies and procedures may decrease. Therefore, there is a certain risk in inferring the effectiveness of future internal controls based on the results of the internal control evaluation.
II. Conclusion of Internal Control Evaluation
Based on the assessment of the Company's financial reporting internal controls, there were no material or important defects in financial reporting internal controls as of the baseline date of the internal control evaluation report. The board of directors believes that the Company has maintained effective financial reporting internal controls in all material aspects in accordance with the requirements of the enterprise internal control normative system and relevant regulations.
Based on the assessment of material defects in the Company's non-financial reporting internal controls, no material defects in non-financial reporting internal controls were found as of the baseline date of the internal control evaluation report.
No factors have occurred between the baseline date of the internal control evaluation report and the issuance date of the internal control evaluation report that affect the conclusion of the internal control effectiveness evaluation.
III. Internal Control Evaluation Work
(I) Scope of Internal Control Evaluation
The scope of this internal control evaluation covers all business operations and matters of the Company and its wholly-owned subsidiaries, with a focus on major business matters and high-risk areas. The subsidiaries included in the scope of evaluation account for 100% of the Company's consolidated financial statement assets and 100% of the Company's consolidated financial statement revenue.
The main businesses and matters included in the scope of evaluation include: organizational structure, human resources, corporate culture, fund management, sales and collection, procurement and payment, guarantee business, related party transactions, investment, and subsidiary management.