Special Explanation Regarding Non-Operating Fund Occupation and Other Related Party Fund Transactions of Suzhou Hengmingda Electronic Technology Co., Ltd.
To the Shareholders of Suzhou Hengmingda Electronic Technology Co., Ltd.:
We have been entrusted by Suzhou Hengmingda Electronic Technology Co., Ltd. (hereinafter referred to as "Hengmingda Company") to audit Hengmingda Company's consolidated and company balance sheets as of December 31, 2025, consolidated and company income statements for 2025, consolidated and company cash flow statements, consolidated and company statements of changes in owners' equity, and the notes to the financial statements. We have issued an unqualified audit report with the report number "Zhitong Shen Zi (2026) No. 332A003370".
In accordance with the "Supervision Guidelines for Listed Companies No. 8 - Regulatory Requirements for Listed Company Fund Transactions and External Guarantees" and other relevant regulations, Hengmingda Company has prepared the "Summary Table of Non-Operating Fund Occupation and Other Related Party Fund Transactions of Suzhou Hengmingda Electronic Technology Co., Ltd. for 2025" (hereinafter referred to as the "Summary Table") attached hereto.