002102SZSE

Audit Report on Accounting Error Correction for Hubei Nengte Technology Co., Ltd. (Daxin Special Audit No. [2026] 2-00311)

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This report details an audit of Hubei Nengte Technology's accounting error corrections for 2023 and 2024. The errors stemmed from insufficient evidence for revenue recognition in plastic trading. The corrections involve retrospective adjustments to financial statements, impacting various accounts like receivables, inventory, and net profit, with no change to the overall profit or loss nature of previously disclosed annual reports.

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Audit Report on Accounting Error Correction for Hubei Nengte Technology Co., Ltd. (Daxin Special Audit No. [2026] 2-00311)

Daxin Certified Public Accountants LLP. Room 2206 22/F, Xueyuan International Tower No.1 Zhichun Road, Haidian Dist. Beijing, China, 100083 Telephone: +86 (10) 82330558 Fax: +86 (10) 82327668 Internet: www.daxincpa.com.cn

Audit Report on Accounting Error Correction

Daxin Special Audit No. [2026] 2-00311

To all shareholders of Hubei Nengte Technology Co., Ltd.:

We were engaged to audit the financial statements of Hubei Nengte Technology Co., Ltd. (hereinafter referred to as "the Company"), including the consolidated and parent company balance sheets as of December 31, 2025, the consolidated and parent company income statements, consolidated and parent company cash flow statements, consolidated and parent company statements of changes in owners' equity, and the notes to the financial statements for the year ended December 31, 2025. On April 27, 2026, we issued a qualified audit report (Daxin Audit No. [2026] 2-01212). Based on the audit of the aforementioned financial statements, we have reviewed the "Special Explanation on Prior Period Accounting Error Correction for Hubei Nengte Technology Co., Ltd. for 2023 and 2024" (hereinafter referred to as the "Special Explanation on Accounting Error Correction") prepared by the Company.

I. Management's and Governance's Responsibilities

In accordance with the requirements of the Accounting Standards for Business Enterprises, the China Securities Regulatory Commission's "Rules for Information Disclosure by Companies Issuing Securities - Correction and Related Disclosure of Financial Information" (2025 Revision), and the Shenzhen Stock Exchange's "Listing Rules for Companies on the Main Board - Standardized Operation of Listed Companies" No. 1, it is the responsibility of the Company's management to prepare and disclose the Special Explanation on Accounting Error Correction truthfully and accurately, ensuring it does not contain any false or misleading statements or material omissions.

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