Wuhan Biker Rescue Supplies Co., Ltd.
Audit Report and Consolidated Financial Statements
January 1, 2024 to March 31, 2026
Xin Kuai Shi Bao Zi [2026] No. ZE10737
Audit Report and Financial Statements
(For the period from January 1, 2024 to March 31, 2026)
Table of Contents
I. Audit Report
II. Financial Statements
Consolidated Balance Sheet and Parent Company Balance Sheet
Consolidated Income Statement and Parent Company Income Statement
Consolidated Cash Flow Statement and Parent Company Cash Flow Statement
Consolidated Statement of Changes in Equity and Parent Company Statement of Changes in Equity
Notes to the Financial Statements
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Audit Report
To the Shareholders of Wuhan Mingde Biomedical Co., Ltd.:
I. Audit Opinion
We have audited the financial statements of Wuhan Biker Rescue Supplies Co., Ltd. (hereinafter referred to as "Biker"), which comprise the consolidated and parent company balance sheets as of December 31, 2024, December 31, 2025, and March 31, 2026, and the consolidated and parent company income statements, cash flow statements, and statements of changes in equity for the years 2024, 2025, and the period from January to March 2026, as well as the related notes to the financial statements.
In our opinion, the accompanying financial statements have been prepared in all material respects in accordance with the Accounting Standards for Business Enterprises and fairly present the consolidated and parent company financial position of Biker as of December 31, 2024, December 31, 2025, and March 31, 2026, and the consolidated and parent company operating results and cash flows for the years 2024, 2025, and the period from January to March 2026.
II. Basis for Audit Opinion
We conducted our audit in accordance with the Auditing Standards for Certified Public Accountants of China. Our responsibilities under these standards are further described in the "Certified Public Accountant's Responsibilities for the Audit of the Financial Statements" section of this report. We are independent of Biker in accordance with the Code of Ethics for Certified Public Accountants of China and have fulfilled our other ethical responsibilities. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
III. Other Matters—Restrictions on Distribution and Use
This report is issued solely to the shareholders of Wuhan Mingde Biomedical Co., Ltd. (hereinafter referred to as "Mingde Biomedical") for the internal purpose of Mingde Biomedical's acquisition of Biker equity and shall not be used for any other purpose. We expressly state that we assume no obligation or liability to any other party regarding the contents of this report. Without our written consent, this report shall not be provided to any party other than Mingde Biomedical.
IV. Responsibilities of Management and Those Charged with Governance for the Financial Statements
Biker's management is responsible for preparing the financial statements in accordance with the Accounting Standards for Business Enterprises to achieve fair presentation, and for designing, implementing, and maintaining necessary internal controls to ensure that the financial statements are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is responsible for assessing Biker's ability to continue as a going concern, disclosing matters related to going concern (if applicable), and using the going concern assumption unless management intends to liquidate, cease operations, or has no realistic alternative but to do so.
Those charged with governance are responsible for overseeing Biker's financial reporting process.