Audit Report
Wuxi Honghui New Materials Technology Co., Ltd. (hereinafter referred to as "Honghui New Materials") financial statements include the balance sheet as of December 31, 2025, the income statement for the year 2025, and the cash flow statement for the year 2025.
Audit Opinion
We have audited the financial statements of Wuxi Honghui New Materials Technology Co., Ltd. as of December 31, 2025, which include the balance sheet, income statement, and cash flow statement for the year 2025. The financial statements are the responsibility of the company's management. Our responsibility is to express an opinion on these financial statements based on our audit.
Basis for Audit Opinion
We conducted our audit in accordance with the standards for auditing established by the Chinese Institute of Certified Public Accountants. Our audit included examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. We believe that our audit provides a reasonable basis for our 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.
- Revenue Recognition
The audit of revenue recognition involved assessing the company's revenue recognition policies and their compliance with accounting standards. We evaluated the appropriateness of revenue recognition methods and tested the accuracy of recorded revenue.