About Shandong Yabo Technology Co., Ltd.
Special Audit Report on Non-Operating Fund Occupation and Other Related Party Fund Transactions for 2025
Audit Report No.: Youzhen Special Audit Word [2026] No. 142
To All Shareholders of Shandong Yabo Technology Co., Ltd.:
We were engaged to audit the financial statements of Shandong Yabo Technology Co., Ltd. (hereinafter referred to as "Yabo Shares") for the year 2025. We issued a standard unqualified audit report on April 28, 2026, with the report number Youzhen Special Audit Word [2026] No. 0323.
In accordance with the "Supervision Guidelines for Listed Companies No. 8 - Supervision Requirements for Listed Company Fund Transactions and External Guarantees" (CSRC Announcement [2022] No. 26) and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Business Handling," the management of Yabo Shares prepared the attached summary statement of non-operating fund occupation and other related party fund transactions for 2025 (hereinafter referred to as the "Summary Statement").
The accurate preparation and external disclosure of the Summary Statement and ensuring its truthfulness, accuracy, and completeness are the responsibility of the management of Shandong Yabo Technology Co., Ltd. We have cross-checked the information contained in the Summary Statement with the accounting materials audited during our audit of Shandong Yabo Technology Co., Ltd.'s 2025 financial statements and the disclosures in the audited financial statements. We found no material inconsistencies. In addition to the audit procedures performed for the related party transactions as part of our audit of Shandong Yabo Technology Co., Ltd.'s 2025 financial statements, we did not perform any additional audit procedures on the information contained in the Summary Statement. To better understand Shandong Yabo Technology Co., Ltd.'s non-operating fund occupation and other related party fund transactions, the attached Summary Statement should be read in conjunction with the audited financial statements.