Index Special Explanation Table of Deductions from Operating Revenue in 2025 Page Number 1-2 1
ShineWing Certified Public Accountants About Beijing BDStar Navigation Co., Ltd. Special Explanation on Deductions from Operating Revenue for 2025
XYZH/2026BJAA7B0281 Beijing BDStar Navigation Co., Ltd.
To all shareholders of Beijing BDStar Navigation Co., Ltd.:
We have audited the 2025 financial statements of Beijing BDStar Navigation Co., Ltd. (hereinafter referred to as "BDStar Navigation"), including the consolidated and parent company balance sheets as of December 31, 2025, the consolidated and parent company income statements for 2025, the consolidated and parent company cash flow statements, the consolidated and parent company statements of changes in owners' equity, and the related financial statement notes. We issued an unqualified audit report dated April 27, 2026, with report number XYZH/2026BJAA7B0290.
In accordance with the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 1 - Business Handling" (hereinafter referred to as "Operating Revenue Deductions") and related regulations, BDStar Navigation has prepared the attached Table of Deductions from Operating Revenue for Beijing BDStar Navigation Co., Ltd. for 2025 (hereinafter referred to as the "Operating Revenue Deductions Table").
It is BDStar Navigation's responsibility to prepare and disclose the Operating Revenue Deductions Table in accordance with the relevant regulations for operating revenue deductions, and to ensure its compliance, truthfulness, accuracy, and completeness.