Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 355

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 3
Chunk 355
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 compensation committee. Subject to phase-in rules, the rules of
Nasdaq and Rule 10A-3 of the Exchange Act require that the audit committee of a listed company be comprised solely of independent directors.
Each committee operates under a charter that was approved by our board and has the composition and responsibilities described below.

Audit Committee

Our board of directors has
established an audit committee of the board of directors. Mr. Zhongxuan Li, Mr. Daoyong Xing and Mr. Zhenxing Wang serve
as members of our audit committee. Under the NYSE listing standards and applicable SEC rules, we are required to have three members of
the audit committee, all of whom must be independent, subject to the exception described below. Each of Mr. Zhongxuan Li, Mr. Daoyong
Xing and Mr. Zhenxing Wang are independent.

Mr. Zhenxing Wang serves
as the chair of the audit committee. Each member of the audit committee is financially literate and our board of directors has determined
that Mr. Zhenxing Wang qualifies as an “audit committee financial expert” as defined in applicable SEC rules.

The audit committee is responsible
for:

●assisting board oversight of (1) the integrity of our
financial statements, (2) our compliance with legal and regulatory requirements, (3) our independent auditor’s qualifications
and independence, and (4) the performance of our internal audit function and independent auditors; the appointment, compensation,
retention, replacement, and oversight of the work of the independent auditors and any other independent registered public accounting
firm engaged by us;

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●pre-approving all audit and non-audit services to be provided
by the independent auditors or any other registered public accounting firm engaged by us, and establishing pre-approval policies and
procedures; reviewing and discussing with the independent auditors all relationships the auditors have with us in order to evaluate their
continued independence;

●setting clear policies for audit partner rotation in compliance
with applicable laws and regulations; obtaining and reviewing a report, at least annually, from the independent auditors describing (1) the
independent auditor’s internal quality-control procedures and (2) any material issues raised by the most recent internal quality-control
review, or peer review, of the audit firm, or by any inquiry or investigation by governmental or professional authorities, within the
preceding five years