Audit Report
Guangzhou Tianmeng New Materials Co., Ltd. (hereinafter referred to as "Tianmeng Materials"):
- Audit Opinion
We have audited the financial statements of Guangzhou Tianmeng New Materials Co., Ltd. as of December 31, 2025, including the balance sheet, income statement, cash flow statement, and related notes.
We believe that the financial statements present a true and fair view of the financial position of the company as of December 31, 2025, and the results of its operations and cash flows for the year then ended.
- Basis for Audit Opinion
We conducted our audit in accordance with the auditing standards of the Chinese Institute of Certified Public Accountants. Our responsibilities under those standards are further described in the "Auditor's Responsibilities for the Audit of the Financial Statements" section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit in China, and we have fulfilled our other ethical responsibilities in accordance with these requirements.
- Key Audit Matters
Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.
| Item | Description | Amount (RMB) |
|---|---|---|
| Total Assets | 1,914,714,559.64 | |
| Total Liabilities | 1,620,229,440.41 | |
| Total Equity | 294,485,119.23 |