Table of Contents
- Audit Report………………………………………………………… Pages 1-5
- Financial Statements……………………………………………… Pages 6-13
(1) Consolidated Balance Sheet…………………………………………… Page 6
(2) Parent Company Balance Sheet………………………………………… Page 7
(3) Consolidated Income Statement………………………………………… Page 8
(4) Parent Company Income Statement………………………………………… Page 9
(5) Consolidated Cash Flow Statement………………………………………… Page 10
(6) Parent Company Cash Flow Statement………………………………………… Page 11
(7) Consolidated Statement of Changes in Equity………………………………… Page 12
(8) Parent Company Statement of Changes in Equity………………………………… Page 13 - Notes to Financial Statements………………………………………………… Pages 14-88
- Appendices …………………………………………………………… Pages 89-92
(1) Copy of the practice certificate ……………………………………… Page 89
(2) Copy of the business license ……………………………………… Page 90
(3) Copy of the practicing certificate of registered accountants …………………… Page 91-92
Audit Report
Tianjian Audit [2026] No. 3-122
To all shareholders of Shenzhen Kaizhong Precision Technology Co., Ltd.:
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Audit Opinion
We have audited the financial statements of Shenzhen Kaizhong Precision Technology Co., Ltd. (hereinafter referred to as "Kaizhong Precision"), including the consolidated and parent company balance sheets as of December 31, 2025, the consolidated and parent company income statements, consolidated and parent company cash flow statements, consolidated and parent company statements of changes in equity, and related notes to the financial statements. In our opinion, the attached financial statements have been prepared in all material respects in accordance with the provisions of the Accounting Standards for Business Enterprises and fairly present the financial position of Kaizhong Precision as of December 31, 2025, as well as the operating results and cash flows for the year 2025. -
Basis for Audit Opinion
We conducted our audit in accordance with the Chinese Certified Public Accountant Auditing Standards. The section "Responsibilities of Certified Public Accountants for the Audit of Financial Statements" in this report further elaborates on our responsibilities under these standards. In accordance with the "Independence Standards for Certified Public Accountants No. 1 - Requirements for Independence in Financial Statement Audits and Reviews" and the Code of Ethics for Chinese Certified Public Accountants, we are independent of Kaizhong Precision and have fulfilled our other ethical responsibilities. We adhered to the independence requirements for auditing public interest entities. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.