Guangji Pharmaceutical: Evaluation report on the accounting firm’s performance of duties in 2025
Hubei Guangji Pharmaceutical Co., Ltd.
Evaluation report on the accounting firm’s performance of duties in 2025
Hubei Guangji Pharmaceutical Co., Ltd. (hereinafter referred to as the "Company") hired Reanda Accounting Firm (Special General Partnership) (hereinafter referred to as the "Reanda Firm") as the company's 2025 annual financial report and internal control audit agency. In accordance with regulations and requirements such as the "Code of Corporate Governance for Listed Companies" and "Administrative Measures for the Selection and Employment of Accounting Firms by State-owned Enterprises and Listed Companies", Reanda Firm's performance of duties in 2025 was evaluated. The specific situation is reported as follows:
1. Basic situation of accounting firms in 2025 annual audit
- Basic information of accounting firms
Organization name: Reanda Accounting Firm (Special General Partnership)
Date of establishment: October 22, 2013
Organizational form: special general partnership
Registered address: Room 1101, Building 210, Ciyun Temple North Lane, Chaoyang District, Beijing
Chief Partner: Huang Jinhui
Number of partners at the end of 2025: 70
Number of certified public accountants at the end of 2025: 475
Number of certified public accountants who have signed securities service business audit reports in 2025: 167
Total unaudited income in 2025: 526.0876 million yuan, unaudited audit business income 438.4821 million yuan, unaudited securities business income: 147.0294 million yuan.
Number of audit clients of listed companies in 2025: 30, main industries of listed companies (top five major industries): manufacturing (21), mining (3), agriculture, forestry, animal husbandry, fishery (2), accommodation and catering industry (1), wholesale and retail industry (1), culture, sports and entertainment industry (1), financial industry (1).
The total audit fees for unaudited annual reports of listed companies in 2025 are 41.4188 million yuan.
The number of audit clients of the company's listed companies in the same industry: 21.
- Investor protection capabilities
As of the end of 2025, Reanda Accounting Firm has accrued an occupational risk fund of RMB 16.1358 million and purchased occupational insurance with a cumulative compensation limit of RMB 80 million. The accrual of the occupational risk fund and the purchase of occupational insurance are in compliance with relevant regulations. In the past three years, there has been no civil liability in civil litigation related to professional conduct.
- Integrity record
In the past three years, Reanda Accounting Firm has received 0 criminal penalties, 4 administrative penalties, 6 supervisory and management measures, 1 self-discipline supervision measure and 2 disciplinary sanctions due to its professional conduct.
In the past three years, 31 employees have received 0 criminal penalties, 13 administrative penalties, 20 supervisory and management measures, 7 self-discipline supervision measures and 7 disciplinary sanctions due to their professional behavior.
2. Project information
1.Basic information
The basic information of the project partners, signing certified public accountants and project quality control reviewers of the company's 2025 audit project undertaken by Reanda Firm is as follows:
Signing project partner: Zhang Li, Chinese Certified Public Accountant. He became a certified public accountant in 2004. He began to engage in the audit of listed companies in 2007. He started practicing at Reanda Accounting Firm (Special General Partnership) in 2024. He has signed or reviewed the audit reports of listed companies and quoted companies 2 times in the past three years. Not working part-time in other units.
Signing Certified Public Accountant: Zhang Jing, Chinese Certified Public Accountant, became a certified public accountant in 2019, started auditing listed companies in 2013, started practicing at Reanda Accounting Firm (Special General Partnership) in 2024, and has signed or reviewed audit reports of listed companies and quoted companies 6 times in the past three years. Not working part-time in other units.
Project quality control reviewer: Chen Wentao, who became a certified public accountant in November 2010, started auditing listed companies in December 2008, started practicing at Reanda Firm in September 2023, started working on reviews in December 2021, and started providing audit services to the company in 2024. He has undertaken or reviewed more than 3 audit reports of listed companies in the past three years. Not working part-time in other units.
- Integrity record
The project partners, signing certified public accountants, and project quality control reviewers have not been subject to criminal penalties for professional conduct in the past three years, and have not been subject to administrative penalties or supervisory management measures by the China Securities Regulatory Commission, its dispatched agencies, industry authorities, etc., and the project quality control reviewers have received verbal warnings from the stock exchange and self-disciplinary supervision measures once.
Serial number Name Date of punishment Type of punishment Implementing unit Reason and punishment situation
Fund Deposit and Actuality in 2024 1 Chen Wentao June 30, 2025 Verbal Warning Shanghai Stock Exchange Assurance Report on Usage "There is an inaccurate disclosure of the date of the scheduled usable status of the investment project, subject to
to verbal warnings and self-regulatory measures. 3. Independence
There are no circumstances that may affect the independence of Reanda Firm, its project partners, signing certified public accountants, and project quality control reviewers.
3. Accounting firm’s performance of duties
In accordance with the "Audit Engagement Letter", following the "Audit Standards for Chinese Certified Public Accountants" and other professional norms and the company's 2025 annual report work arrangements, Reanda Firm audited the company's 2025 financial report and the effectiveness of the internal control of the financial report on December 31, 2025, and issued a standard unqualified audit report and a standard unqualified internal control audit report; at the same time, it verified the capital occupation by the company's controlling shareholders and other related parties and issued a special report.
In the process of performing audit work, Reanda & Co. communicated with the company's management and governance on the independence of the accounting firm and relevant auditors, the composition of the audit team, audit plans, risk judgments, risk and fraud testing and evaluation methods, annual audit priorities, audit adjustment matters, preliminary audit opinions, etc.
4. The company’s evaluation of the accounting firm’s performance of duties
To sum up, the company believes that Reanda Accounting Firm (Special General Partnership) can strictly abide by relevant national laws and regulations and follow independent, objective and impartial professional ethics during the audit of the company's annual report; it can standardize the implementation of audit procedures, actively and proactively maintain full and effective communication with the company's governance and management; it can conscientiously perform the responsibilities and obligations stipulated in the audit engagement letter, complete the audit of the 2025 annual report on time, issue audit opinions that are objective and fair, and can truly, completely and accurately reflect the company's actual operating conditions.
Board of Directors of Hubei Guangji Pharmaceutical Co., Ltd.
April 25, 2026