Hunan Hualing Cable Co., Ltd.
Pro Forma Review Report
Daxin Review Zi [2026] No. 27-00002
Wuyige Certified Public Accountants LLP
To the Shareholders of Hunan Hualing Cable Co., Ltd.:
We have reviewed the accompanying pro forma consolidated financial statements of Hunan Hualing Cable Co., Ltd. (hereinafter referred to as the "Company"), which comprise the pro forma consolidated balance sheets as of December 31, 2025, and December 31, 2024, and the pro forma consolidated income statements for the years 2025 and 2024, as well as the notes to the pro forma financial statements. The preparation of these financial statements is the responsibility of the Company's management. Our responsibility is to issue a review report on these financial statements based on our review work.
We conducted our review in accordance with the "Standard on Review Engagements No. 2101 — Financial Statement Reviews" of the Chinese Institute of Certified Public Accountants. This standard requires that we plan and perform the review to obtain limited assurance as to whether the financial statements are free from material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data, providing a lower level of assurance than an audit. We have not performed an audit and, therefore, do not express an audit opinion.
Based on our review, we have not become aware of any matter that causes us to believe that the financial statements have not been prepared, in all material respects, in accordance with the basis of preparation described in Note 3 to the pro forma consolidated financial statements. We draw attention to the notes to the pro forma consolidated financial statements regarding the basis of preparation. This report is intended solely for use in connection with the asset restructuring matters described in Note 2 to the pro forma consolidated financial statements and is not suitable for any other purpose. Our review opinion is not modified in respect of this matter.
Wuyige Certified Public Accountants LLP [blank]
Certified Public Accountant: [blank]
Date: April 28, 2026
[Chart: Pro forma consolidated balance sheet]