Report on the Audit of the Storage, Management, and Use of Raised Funds for the Year Ended December 31, 2025
To the Shareholders of Hunan Boyun New Material Co., Ltd.:
We have been engaged to perform an independent assurance engagement on the accompanying Special Report on the Storage, Management, and Use of Raised Funds for the Year Ended December 31, 2025 (the "Special Report on Raised Funds") prepared by Hunan Boyun New Material Co., Ltd. (hereinafter referred to as "Boyun New Material").
I. Responsibility of the Board of Directors
The responsibility of the Board of Directors of Boyun New Material is to prepare the Special Report on Raised Funds in accordance with the "Regulatory Rules for the Supervision of Raised Funds of Listed Companies" (CSRC Announcement [2025] No. 10), the "Shenzhen Stock Exchange Listing Company Self-Regulatory Guidelines No. 1 - Standardized Operation of Main Board Listed Companies," and the "Shenzhen Stock Exchange Listing Company Self-Regulatory Guidelines No. 2 - Announcement Format" issued by the China Securities Regulatory Commission. This responsibility includes designing, implementing, and maintaining internal controls related to the preparation of the Special Report on Raised Funds, ensuring that the Special Report on Raised Funds is true, accurate, and complete, and free from any false statements, misleading representations, or material omissions.
II. Responsibility of the Certified Public Accountants
Our responsibility is to express an assurance conclusion on the Special Report on Raised Funds based on our performance of the assurance engagement.