Audit Report
Jiangsu Zhongchen Environmental Protection Co., Ltd. overall situation:
Audit Opinion
We have audited Jiangsu Zhongchen Environmental Protection Co., Ltd. (hereinafter referred to as "the Company") financial statements, including the consolidated and parent company balance sheets as of December 31, 2025, the consolidated and parent company income statements, the consolidated and parent company cash flow statements, and all related notes to the financial statements.
We believe that the accompanying financial statements present a true and fair view of the financial position of Jiangsu Zhongchen Environmental Protection Co., Ltd. as of December 31, 2025, and the results of its operations and cash flows for the year then ended in accordance with the relevant accounting standards.
Basis for Audit Opinion
We conducted our audit in accordance with the auditing standards for certified public accountants in China. 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.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
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 of the current period. 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.