CITIC Construction Investment Securities Co., Ltd. (hereinafter referred to as "CITIC Construction Investment" or "Sponsor") is the sponsor for Wuhu Focase Technology Co., Ltd. (hereinafter referred to as "Focase Technology" or "Company") for its initial public offering and listing on the Growth Enterprise Market. In accordance with the "Regulations on the Management of Securities Issuance and Listing Sponsorship" and other relevant laws, regulations, and normative documents, CITIC Construction Investment has verified Focase Technology's 2025 Internal Control Self-Assessment Report, with the following details:
I. Verification of the Company's 2025 Internal Control Self-Assessment Report
The sponsor representative of CITIC Construction Investment carefully reviewed the "Wuhu Focase Technology Co., Ltd. 2025 Internal Control Self-Assessment Report." Through inquiries with the company's directors, senior management, internal auditors, and external audit institutions, as well as reviewing meeting documents from the shareholders' meeting, board of directors, and various business and management regulations, the integrity, rationality, effectiveness, and the authenticity and objectivity of the "Wuhu Focase Technology Co., Ltd. 2025 Internal Control Self-Assessment Report" were verified from aspects such as the internal control environment, internal control system construction, and implementation status.
II. Self-Assessment of the Effectiveness of Internal Control System Implementation
(A) Internal Control Assessment Conclusion
Based on the identification of significant deficiencies in internal control over financial reporting, as of the benchmark date of the internal control assessment report, the company has no significant deficiencies in internal control over financial reporting. Based on the identification of significant deficiencies in non-financial reporting internal control, as of the benchmark date of the internal control assessment report, the company has no significant deficiencies in non-financial reporting internal control. No factors affecting the effectiveness of internal control assessment conclusions occurred between the benchmark date of the internal control assessment report and the issuance date of the internal control assessment report. The board of directors believes that the company has maintained effective internal control in all material aspects in accordance with the requirements of the enterprise internal control normative system and relevant regulations, and no significant internal control deficiencies were found.
(B) Scope of Internal Control Assessment
The company determined the main units, businesses, and high-risk areas included in the assessment scope based on a risk-oriented principle. The main units included in the assessment scope are the company and all subsidiaries included in the consolidated scope, specifically: Wuhu Focase Technology Co., Ltd., Dalian Focase Auto Parts Co., Ltd., Chongqing Hongfocase Auto Parts Co., Ltd., Tianjin Focase Auto Parts Co., Ltd., Tianjin Hengfocase Auto Parts Co., Ltd., Guangdong Focase Auto Parts Co., Ltd., Wuhan Focase Auto Parts Co., Ltd., Focase LLC in Mexico, Wuhu Focase Hongren Precision Electronics Co., Ltd., Shanghai Jufocase Technology Development Co., Ltd., Focase Technology Co., Ltd., and Focase Technology (Hong Kong) Co., Ltd. The total assets of the units included in the assessment scope account for 100% of the total assets in the company's consolidated financial statements, and the total operating income accounts for 100% of the total operating income in the company's consolidated financial statements.