Special Explanation on Non-Operating Fund Occupation and Other Related Fund Transactions for 2025
To all shareholders of Huaming Power Equipment Co., Ltd.:
We have audited the financial statements of Huaming Power Equipment Co., Ltd. (hereinafter referred to as Huaming Equipment) for the year 2025, including the consolidated and parent company balance sheets as of December 31, 2025, the consolidated and parent company income statements for the year 2025, the consolidated and parent company cash flow statements, the consolidated and parent company statements of changes in equity, and the notes to the financial statements. We issued an unqualified audit report numbered XYZH/2026JNAA1B0017 on February 26, 2026.