2025 Duty Performance Report of the Audit Committee of the Board of Directors
Jiangxi Tianxin Pharmaceutical Co., Ltd.
In accordance with the provisions of laws, administrative regulations, departmental rules and other normative documents such as the "Code of Corporate Governance for Listed Companies", "Shanghai Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 1 - Standardized Operations", "Shanghai Stock Exchange Stock Listing Rules", "Articles of Association of Jiangxi Tianxin Pharmaceutical Co., Ltd." (hereinafter referred to as the "Articles of Association"), "Implementation Rules of the Audit Committee of the Board of Directors of Jiangxi Tianxin Pharmaceutical Co., Ltd.", 2025 During the year, the Audit Committee (hereinafter referred to as the "Audit Committee") of the Board of Directors of Jiangxi Tianxin Pharmaceutical Co., Ltd. (hereinafter referred to as the "Company") adhered to the principle of diligence and responsibility, actively carried out work, conscientiously performed its duties, and gave full play to the supervisory role of the Audit Committee. The performance report of the Audit Committee of the Board of Directors in 2025 (hereinafter referred to as the “reporting period”) is now as follows:
1. Basic information of the audit committee
The Audit Committee of the company's third board of directors consists of independent directors Mr. Liu Luyao and Ms. Liu Zhen and non-independent director Mr. Wang Guangtian, of which independent director Mr. Liu Luyao serves as the chairman. Among the members of the Audit Committee of the third session of the Board of Directors, independent directors account for the majority and serve as the chairman. Among them, Mr. Liu Luyao and Ms. Liu Zhen are both accounting professionals. The composition of the audit committee complies with the relevant regulations of the Shanghai Stock Exchange.
2. Convening of the annual meeting of the Audit Committee
During the reporting period, the Audit Committee held a total of 6 meetings and reviewed 15 proposals. The organization, holding and voting of the meeting are in compliance with relevant laws, regulations, normative documents, the Articles of Association and other relevant provisions. All members attended the meeting without any absence.
Date of convening Meeting content Important opinions and suggestions Review of the first meeting of the Audit Committee of the third board of directors in 2025
passed
- "About the audit work report of the accounting firm's 2024 annual report"
March 28, 2025
motion reported
- "About the Company's 2024 Internal Audit Work Report and
Proposal on the Internal Audit Work Plan for 2025"
Review of the second meeting of the Audit Committee of the third board of directors in 2025
passed
- "Report on the Performance of Duties of the Audit Committee in 2024"
Bill
"Proposal on the 2024 Financial Final Account Report"
"Proposal on the Company's 2024 Annual Report and Summary"
"Proposal on the company's 2024 internal control evaluation report. Agree to submit the proposal to the board of directors at this meeting on April 15, 2025" 5. "Proposal on the company's renewal of the audit agency for 2025" for review 6. "Proposal on the use of idle raised funds for cash management"
case"
7《. About the Audit Committee of the Board of Directors on the Accounting Firm 2024
Proposal for Annual Report on the Performance of Supervision Responsibilities"
- "Evaluation of Accounting Firm's Performance of Duties in 2024"
Reported Motion"
It was agreed that the Audit Committee of the third session of the Board of Directors at this meeting will review the results at the third meeting in 2025.
On April 26, 2025, the proposal was submitted to the board of directors meeting for approval "Proposal on the Company's First Quarterly Report of 2025"
review
Review of the Fourth Meeting of the Audit Committee of the Third Board of Directors in 2025
passed
It is agreed that this meeting will be 1. "Discussion on the company's 2025 semi-annual report and its summary"
August 18, 2025 Proposal submitted to the Board of Directors》
Review 2. "About the Company's 2025 Semi-annual Internal Audit Work Report"
motion"
It was agreed that the fifth meeting of the Audit Committee of the third session of the Board of Directors in 2025 will be reviewed at this meeting.
On October 27, 2025, the proposal was submitted to the board of directors meeting for approval "Proposal on the Company's Third Quarter Report for 2025"
review
Review of the sixth meeting of the Audit Committee of the third board of directors in 2025
On December 10, 2025, the meeting approved the "About the Auditing Work of the Accounting Firm's 2025 Annual Report"
Proposal for planning
3. Annual performance of duties of the Audit Committee
(1) Review the company’s regular financial reports and express opinions
In 2025, the Audit Committee carefully reviewed the company’s “2024 Annual Report” and “2025 First Quarter Report”.
Report", "2025 Semi-annual Report" and "2025 Third Quarter Report" and other financial reports, which are considered relevant
The content of the report truly, accurately and completely reflects the actual situation of the company, and there are no false records or misleading
Statements or major omissions, the corresponding decision-making disclosure procedures shall be standardized.
(2) Supervise and evaluate the work of external audit institutions
During the reporting period, the Audit Committee carefully reviewed the professional qualifications, professional capabilities and personnel composition of Zhonghui Accounting Firm (Special General Partnership) and confirmed that it is professionally competent, diligent and conscientious, adheres to the principles of independence, objectivity and fairness during the audit process, and has no interest relationship with the company that affects its independence. The Audit Committee supervises the implementation of the audit throughout the entire process, reviews the audit plan and key areas, coordinates internal and external communications, and tracks the progress and quality of the audit; it strictly reviews audit fees to ensure reasonable pricing and compliance with payment. Based on the service quality and independence over the years, it was proposed to re-appoint the firm as the company's audit agency for 2025, which was reviewed and approved by the board of directors. Zhonghui Certified Public Accountants (Special General Partnership) can strictly implement audit procedures in accordance with professional standards and audit plans, and works diligently and standardizedly, providing a reasonable guarantee for the authenticity and reliability of the company's financial reports.
(3) Inspecting and guiding internal audit work
The Audit Committee continues to pay attention to the standardization and effectiveness of the company's internal audit department. It relies on the professional knowledge and experience of the members to review the company's internal audit work plan, supervise the implementation of the internal audit plan, and standardize the construction of the company's internal audit system. It also guides the effective operation of the internal audit department based on the company's actual situation, further promotes the company's standardized operations, improves the internal audit system, and prevents and controls risks. During the reporting period, the company's internal audit was operated in a standardized manner and achieved good results. The audit committee found no major problems in the company's internal audit work.
(4) Evaluate the effectiveness of internal controls
During the reporting period, the company actively optimized its internal control system and comprehensively carried out internal control evaluation work. In the process of daily performance of duties, the Audit Committee actively promotes the construction of the company's internal control, evaluates the appropriateness of the company's internal control design and effectiveness of implementation, and ensures the further optimization and improvement of the company's governance structure and governance system. In 2025, the company will comprehensively sort out and revise the current corporate governance-related systems in accordance with the latest revised laws, regulations and regulatory requirements, and complete the work related to the cancellation of the board of supervisors, further clarifying the responsibilities of the company's decision-making, implementation, and supervision, ensuring that various governance systems are legal and compliant, effectively improving the company's standardized operation level, and continuously improving the corporate governance mechanism. After evaluation, it was determined that the company's internal control system in 2025 is sound and effective, and can effectively prevent operating risks and help the company standardize its operations.
4. Overall evaluation
In their work in 2025, all members of the audit committee of the company's board of directors will strictly abide by laws, regulations, regulatory rules and the provisions of the "Articles of Association", perform their duties diligently and independently. The Audit Committee plays a professional role in reviewing and supervising financial reports, evaluating internal control systems, and communicating and coordinating internal and external audits. It maintains efficient and smooth communication with the company's management, internal audit department, and external audit institutions, providing a strong guarantee for improving corporate governance and promoting the company's standardized and stable operations.
In 2026, the Audit Committee of the Board of Directors will closely focus on the company's development strategy and take into account changes in the internal and external environment to further strengthen supervision of complex transactions, major events and key risk areas, continue to improve the quality of financial information disclosure, and continuously improve the construction of the internal control system. At the same time, the Audit Committee will continue to track regulatory policy developments to ensure that the company's various operating and management activities strictly comply with laws, regulations and regulatory requirements, and to help the company continue to develop healthily and with high quality.
Audit Committee of the Board of Directors of Jiangxi Tianxin Pharmaceutical Co., Ltd.
April 23, 2026