Guotai Junan Securities Co., Ltd.
Regarding Suzhou Tianmai Thermoelectric Technology Co., Ltd.'s 2025 Internal Control Self-Evaluation Report Audit Opinion
Guotai Junan Securities Co., Ltd. (hereinafter referred to as "Guotai Junan" or "Sponsor") as the continuous supervision institution of Suzhou Tianmai Thermoelectric Technology Co., Ltd. (hereinafter referred to as "Suzhou Tianmai" or "the Company"), in accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," "Shenzhen Stock Exchange GEM Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 2 - Norms for the Operation of GEM Listed Companies," "Supervision Rules for Listed Company Fund Raising," and other laws, regulations, and normative documents, has audited Suzhou Tianmai's 2025 internal control system. The details are as follows:
I. Conclusion of Internal Control Evaluation
Based on the identification of major deficiencies in the company's financial reporting internal controls, as of the benchmark date of the internal control evaluation report, the company has no major deficiencies in financial reporting internal controls. The Board of Directors believes that the company has, in all material respects, maintained effective financial reporting internal controls in accordance with the requirements of the enterprise internal control standard system and relevant regulations.
Based on the identification of major deficiencies in the company's non-financial reporting internal controls, as of the benchmark date of the internal control evaluation report, the company has found no major deficiencies in non-financial reporting internal controls.
No factors have occurred between the benchmark date of the internal control evaluation report and the date of issuance of the internal control evaluation report that affect the conclusion of the evaluation of the effectiveness of internal controls.
II. Internal Control Evaluation Work
(I) Scope of Internal Control Evaluation
The company determines the units, businesses, and matters included in the scope of its evaluation, as well as high-risk areas, based on a risk-oriented approach. The units included in the scope of evaluation include Suzhou Tianmai Thermoelectric Technology Co., Ltd. and its subsidiaries included in the consolidated financial statements.
The main businesses and matters included in the evaluation scope include: corporate governance structure, organizational structure, strategic management, human resources, corporate culture, fund activities, procurement business, asset management, sales business, engineering projects, financial reporting, contract management, internal information transmission, mortgage guarantees and related party transactions, use and management of raised funds, information disclosure, and external investment, etc.
Key high-risk areas include: fund management, procurement and payment business, sales and collection business, use and management of raised funds, and information disclosure, etc.
The units, businesses, matters, and high-risk areas included in the evaluation scope cover the main aspects of the company's operational management and do not involve any material omissions.
(II) Control Environment
- Corporate Governance Structure
The company has established a standardized corporate governance structure and rules of procedure in accordance with relevant national laws and regulations and the "Articles of Association of Suzhou Tianmai Thermoelectric Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"), clarifying the authority and responsibilities in decision-making, execution, and supervision, forming a scientific and effective division of labor and checks and balances mechanism.