Special Explanation on Non-Operating Fund Occupation and Other Related Fund Transactions of Shandong Molong Petroleum Machinery Co., Ltd.
To: All shareholders of Shandong Molong Petroleum Machinery Co., Ltd.
We have accepted the commission from Shandong Molong Petroleum Machinery Co., Ltd. (hereinafter referred to as "Shandong Molong") to audit 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 equity, and the notes to the financial statements, in accordance with the Chinese Certified Public Accountant Practice Standards. We issued an unqualified audit report (Zhi Tong Audit Report No. 371A007495) for the year 2025.