002355SZSE

2025 Annual Audit Report

✨ AI Summary

This report presents the independent auditor's opinion on the 2025 financial statements of Xingmin Intelligent Transportation (Group) Co., Ltd. The auditors conclude the financial statements fairly reflect the company's financial position and performance. Key audit matters included inventory provision for loss and fair value changes of other non-current financial assets.

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Xingmin Intelligent Transportation (Group) Co., Ltd. Report Body

Xingmin Intelligent Transportation (Group) Co., Ltd. Audit Report Hexin Shen Zi (2026) No. 000703

Table of Contents Page Number I. Audit Report 1-6 II. Audited Financial Statements and Notes

  1. Consolidated and Company Balance Sheet 7-10
  2. Consolidated and Company Income Statement 11-12
  3. Consolidated and Company Cash Flow Statement 13-14
  4. Consolidated and Company Statement of Changes in Shareholders' Equity 15-18
  5. Notes to Financial Statements 19-115

Hexin Certified Public Accountants (Special General Partnership) April 28, 2026

Hexin Certified Public Accountants (Special General Partnership)

Audit Report Hexin Shen Zi (2026) No. 000703

To All Shareholders of Xingmin Intelligent Transportation (Group) Co., Ltd.:

I. Audit Opinion

We have audited the financial statements of Xingmin Intelligent Transportation (Group) Co., Ltd. (hereinafter referred to as "Xingmin Intelligent Transportation"), which comprise the consolidated and company balance sheets as of December 31, 2025, the consolidated and company income statements, consolidated and company cash flow statements, consolidated and company statements of changes in shareholders' equity for the year then ended, and a summary of significant accounting policies and other explanatory information.

In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Xingmin Intelligent Transportation as of December 31, 2025, and its financial performance and cash flows for the year then ended in accordance with the provisions of the Accounting Standards for Business Enterprises.

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