Special Audit Report on Non-Operating Fund Occupation and Repayment
To: Henan Huaying Agricultural Development Co., Ltd.
We were engaged to conduct a special audit of the "Statement of Non-Operating Fund Occupation and Repayment by Controlling Shareholder and Other Related Parties" (hereinafter referred to as the "Statement") of Henan Huaying Agricultural Development Co., Ltd. (hereinafter referred to as "Huaying Agriculture" or "the Company") for the year ended December 31, 2025, based on the consolidated and Company's balance sheets, income statements, cash flow statements, statements of changes in owners' equity, and notes to the financial statements for the year ended December 31, 2025.
In accordance with the requirements of the "Supervision Guidelines No. 8 for Listed Companies – Supervision of Fund Transactions and External Guarantees" issued by the China Securities Regulatory Commission and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 1 – Business Handling" issued by the Shenzhen Stock Exchange, the preparation and disclosure of the Statement, and the provision of true, legal, and complete audit evidence are the responsibility of Huaying Agriculture's management. Our responsibility is to express a special audit opinion on the Statement based on our audit work.
We conducted our audit in accordance with the Chinese Certified Public Accountants Auditing Standards. These standards require us to comply with the Chinese Certified Public Accountants' Code of Professional Ethics and to plan and perform the audit to obtain reasonable assurance about whether the Statement is free from material misstatement. During the audit, we performed procedures, including examining accounting records and recalculating relevant item amounts, as we considered necessary. We believe that our audit work provides a reasonable basis for our audit opinion.