In accordance with the Administrative Measures for the Selection and Appointment of Accounting Firms by State-owned Enterprises and Listed Companies [Caixue [2023] No. 4] and other relevant regulations, Wifeng Electronics (Guangdong) Company Limited (stock code: 301328, hereinafter referred to as the “Company”) intends to select an accounting firm to provide audit services for the year 2025 by way of competitive negotiation. ") intends to select and engage the accounting firm to provide audit services for the year 2025 by way of competitive negotiation, and hereby announces the following matters relating to the selection and engagement:

          

I. Services

(i) Issuance of annual audit reports for enterprises within the scope of services according to the needs of the company;

(ii) Conducting annual internal control audits and issuing internal control audit reports for enterprises within the scope of services;

(iii) Issuance of special auditing notes on the occupation of funds by controlling shareholders and other related parties of the Company (if any) to enterprises within the scope of services;

(iv) Issuing special audit reports on the deposit and utilization of fund-raising for enterprises within the scope of services;

(v) Issuance of other relevant audit explanations, verification opinions and attestation reports required by the regulatory authorities to be issued by the annual audit firm;

(vi) Providing financial consulting services for the company's daily accounting and other services as required.

          

II. Qualification Requirements for Candidate Firms

(i) Having independent legal personality and ability to fulfill the contract, with practicing qualifications recognized by the relevant industry regulatory authorities, and practicing for more than three years (accounting firms converted from limited liability system to special general partnership or general partnership system will continue to operate for the same number of years as they did before the conversion);

(ii) having a fixed workplace, sound organizational structure, relatively perfect internal management and control system and effective implementation, qualified in the previous three years of annual inspection (including re-inspection) or after rectification of the industry regulatory authorities to confirm compliance with the requirements of the last three years (January 1, 2022 to the present) during the practice of at least one listed enterprise audit performance, and has not been subjected to criminal penalties for professional conduct in the last three years;

(iii) The proposed project leader must have the qualification of practicing certified public accountant, with more than five years (including) of experience in financial auditing of listed companies as the lead auditor (provide proof of relevant performance of the project leader), and at least five staff members of the proposed project service team have more than three years of experience in auditing of listed companies. The proposed project leader and all members of the project team must be the firm's regular employees who are on board, within the contract period and can fully meet the service period of the project, and at the same time shall not have the criminal record of bribery and bribery;

(iv) Have a good record of practice quality, complete the audit tasks on time and with quality, no major audit quality problems and bad records in the audit work, and have the ability to bear the corresponding audit risks;

(v) Have a good record of professional ethics and social reputation, and conscientiously implement the laws, regulations and policies on audit and assurance;

(vi) Be able to keep the commercial secrets of the enterprises being served and maintain national financial information security.

            

Candidate Firm Registration Requirements

(i) List of Submitted Materials

1, power of attorney authorizing the legal representative to participate in the competitive negotiation and a photocopy of the authorized person's valid ID card (if the firm applying to participate in the competitive negotiation is a branch office, the sole power of attorney to be provided by the head office of the project);

2, photocopy of the valid copy of business license (if the firm applying to participate in the competitive negotiation is a branch office, both the head office and branch office should provide) If the firm applying for the competitive negotiation is a branch office, both the head office and the branch office shall be provided);

3. Valid practicing certificates of CPA firms issued by the financial departments above the provincial level and with the license of engaging in the business of securities and futures related services and the filing documents reported to the State Council's Securities Regulatory Commission and the relevant competent departments of the State Council;

4. No major audit quality problems and bad records in the auditing work in the year of 2022-2024, and no major violations of law, Statement of violation;

5. List of team personnel to be provided with this audit service, resume and photocopies of personal qualification certificates of the project leader, the signing accountant and the main project personnel;

6. Relevant audit performance certificates; the relevant performance certificates should be able to reflect the name of the firm, the name of the project leader and the signing accountant, including but not limited to the key pages of the audit engagement letter and the audit report;

7. the offer of this audit service;

8. other documents that can prove compliance with the qualification requirements;

9. the above materials are required to be stamped individually, and if the number of materials is large, the first page can be stamped with the official seal, and the whole can be stamped with the riding seal.

(ii) Registration method

Please send the electronic version of the materials (scanned copies of signed seals) to the following email address before 17:00 on July 31, 2025 for candidate accounting firms participating in the competitive negotiations: cwdg@wcon.com

Contact Person: Securities Department of the Company

Tel: 0769-85358915

Contact Address: No. 15, Wenming Road, Daning, Humen Town, Dongguan City, Guangdong Province, China

(iii) Competitive Negotiation Time

The Company will issue an invitation on August 4, 2025 to the candidate accounting firms that have passed the preliminary review. Firms receiving the invitation are requested to bring the original materials to the Company at the agreed time for on-site communication and exchange.

IV. Announcement Channels

Company's website: www.wcon.cn

 

WCON Electronics (Guangdong) CO., LTD

21st July 2025