002031SZSE

Special Explanation from the Board of Directors on the Non-Standard Audit Report for the Year 2025

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The board of directors of Giant Wheel Intelligent Equipment Co., Ltd. addresses the non-standard audit report issued by Unitaizhenqing Accounting Firm for the 2025 financial year. Key issues include a retained opinion regarding prepaid expenses and construction projects, which may impact financial statements. The board acknowledges the audit's findings and outlines measures to mitigate risks and protect shareholder interests.

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Special Explanation from the Board of Directors on the Non-Standard Audit Report for the Year 2025

Unitaizhenqing Accounting Firm (Special General Partnership) (hereinafter referred to as "Unitaizhenqing") issued a qualified opinion in the audit report (Audit Report No. [2026] 0575) for the financial report of Giant Wheel Intelligent Equipment Co., Ltd. (hereinafter referred to as "the Company") for the year 2025. In accordance with the requirements of the China Securities Regulatory Commission's "Rules for the Disclosure of Information by Companies Issuing Securities to the Public No. 14 - Handling of Non-Standard Unqualified Audit Opinions and Related Matters" and the "Shenzhen Stock Exchange Growth Enterprise Market Listing Rules," the board of directors provides the following explanations regarding the matters involved in the audit report:

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