Huiyuan Cowins Technology Group Limited (Stock Code: 1116) published a supplemental announcement regarding key findings and remedial measures from its internal control review. Zhonghui Anda Risk Services Limited was engaged as the adviser to conduct assessments from 1 July 2023 to 30 June 2024. The review identified deficiencies concerning board meeting protocols, supervision of discloseable and connected transactions, frequency of internal communications, supplier management, and banking procedures. The company has adopted all recommended rectifications, including the development or revision of written guidelines and approval processes for procurement, financial reporting, and project supervision. A subsequent follow-up review concluded that the governance, internal control, and financial reporting systems now meet required standards.

The announcement also provided remuneration details for the Chief Executive Officer appointed on 30 June 2025. The CEO earned RMB 1.00 thousand in salaries and allowances for the year ended 30 June 2025. Additionally, 215.80 million share options were granted under the Share Option Scheme during the reporting period, with their fair value measured using a Binomial Option Pricing Model at the time of grant. Minor clerical amendments were clarified in the annual report, including corrections on the meeting dates and share option exercise prices. According to the board, the rest of the previously reported information remains unchanged.