Jiangxi Tungsten Equipment updates signatory auditors for 2025 financial year

Jiangxi Tungsten Rare Earth Equipment Co., Ltd. (formerly Anyuan Coal Industry Group Co., Ltd.), disclosed a change in its signatory certified public accountants for the 2025 financial year. The company's board of directors, at its 27th meeting of the 8th session on April 17, 2025, approved the re-appointment of Zhongxinghua Certified Public Accountants (Special General Partnership) as its auditor for the 2025 fiscal year, a decision ratified at the 2024 Annual General Meeting of Shareholders on May 9, 2025.

Originally, Zhongxinghua Certified Public Accountants assigned Sun Shang and Wang Weiming as the signatory certified public accountants for the 2025 annual financial statements and internal control audits. Due to Wang Weiming's departure, Zhang Chi will now assume the role of signatory certified public accountant, joining Sun Shang. Zhang Chi, a Chinese certified public accountant since 2016, has extensive experience in securities services.

The company confirmed this change is an internal adjustment within the audit firm, with related work arrangements seamlessly transitioned. Jiangxi Tungsten Rare Earth Equipment expects no adverse impact on the audit of its 2025 financial statements and internal controls, and the updated audit team comprises Sun Shang and Zhang Chi.