Hainan Mining announces new audit project partner for 2025

Hainan Mining Co., Ltd. received notification from L.S. Certified Public Accountants, its appointed auditor for 2025, regarding a change in its audit team. Ms. Guo Xiuqi, originally designated as the project partner and signing certified public accountant for the 2025 financial and internal control audits, has departed the firm. Mr. Fu Yunhai has been appointed to assume these roles. The company confirmed that this change will not impact the 2025 financial report audit or the internal control audit.

Mr. Fu Yunhai brings significant experience to the role, having engaged in listed company audit services since 2008 and obtaining his Chinese certified public accountant qualification in 2015. With 17 years in securities services, he has handled numerous annual audits, IPO declaration audits, and major asset restructuring audits for listed and pre-listing companies. He has been practicing at L.S. Certified Public Accountants since 2015 and will commence providing audit services to Hainan Mining in 2025. Over the past three years, Mr. Fu has signed audit reports for three listed companies.

The company verified that Mr. Fu Yunhai maintains independence and an unblemished record, having no criminal penalties, administrative sanctions, or disciplinary actions from regulatory bodies or industry associations in the last three years. The handover of responsibilities has been orderly, ensuring no disruption to the 2025 audit processes.