Independent Auditor's Report on the Special Report on the Custody, Management, and Use of Raised Funds for 2025
To the shareholders of Zhenjiang Oriental Electric Heating Technology Co., Ltd.:
We have been engaged to perform an independent auditor's review of the accompanying Special Report on the Custody, Management, and Use of Raised Funds for 2025 (hereinafter referred to as the "Special Report on Raised Funds") of Zhenjiang Oriental Electric Heating Technology Co., Ltd. (hereinafter referred to as "Oriental Electric Heating"). We have performed this engagement in accordance with the requirements of the relevant regulations.
I. Responsibilities of the Board of Directors
The responsibility of the Board of Directors of Oriental Electric Heating is to prepare the Special Report on Raised Funds in accordance with the "Supervision Rules for Raised Funds of Listed Companies" (CSRC Announcement [2025] No. 10), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 — Normative Operation of GEM Listed Companies," and the "Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Guidelines No. 2 — Announcement Format" issued by the China Securities Regulatory Commission. This responsibility includes the design, implementation, and maintenance of internal controls related to the preparation of the Special Report on Raised Funds, ensuring that the Special Report on Raised Funds is true, accurate, and complete, and free from any false records, misleading statements, or material omissions.
II. Responsibilities of the Registered Accountants
Our responsibility is to express an opinion on the Special Report on Raised Funds based on our review engagement.
III. Overview of Work
We have performed this review engagement in accordance with the "Other Assurance Services Business Standards No. 3101 — Assurance Services Other Than Audits or Reviews of Historical Financial Information" of the Chinese Institute of Certified Public Accountants. This standard requires us to comply with professional ethics, plan, and perform the review engagement to obtain reasonable assurance as to whether the Special Report on Raised Funds is prepared, in all material respects, in accordance with the requirements of the "Supervision Rules for Raised Funds of Listed Companies" (CSRC Announcement [2025] No. 10), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 — Normative Operation of GEM Listed Companies," and the "Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Guidelines No. 2 — Announcement Format" issued by the China Securities Regulatory Commission, and to truthfully reflect Oriental Electric Heating's custody, management, and use of raised funds for 2025. In the course of performing the review engagement, we performed procedures that we considered necessary, including inquiries and examination of accounting records. We believe that our review provides a reasonable basis for our opinion.
IV. Auditor's Opinion
We are of the opinion that the Special Report on Raised Funds for 2025 of Oriental Electric Heating Co., Ltd. has been prepared, in all material respects, in accordance with the requirements of the "Supervision Rules for Raised Funds of Listed Companies" (CSRC Announcement [2025] No. 10), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 — Normative Operation of GEM Listed Companies," and the "Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Guidelines No. 2 — Announcement Format" issued by the China Securities Regulatory Commission, and truthfully reflects the custody, management, and use of raised funds for 2025 by Oriental Electric Heating Co., Ltd.
V. Limitations on the Use of the Report
This report is intended solely for Oriental Electric Heating Co., Ltd. for the purpose of disclosing its 2025 annual report and shall not be used for any other purpose.
Lixin Certified Public Accountants (Special General Partnership) Certified Public Accountant: Gao Yan
Certified Public Accountant: Deng Ying