| Da Hua Tiancheng | | | | A state-owned enterprise shall not engage the same accounting firm for more than eight consecutive years. Since 2019, Dahua Certified Public Accountants has served as the auditor for six years, which is closer to the rotation period as required by the relevant regulations. The Board and its audit committee are of the view that it is an appropriate time for rotation of the Company’s auditor. In this regard, the Company intends to appoint an accounting firm with more extensive experience in auditing H-share listed companies as its auditor for the 2025 financial statements to further enhance work efficiency. |
