Verification Report on the Storage, Management, and Use of Raised Funds for 2025
To All Shareholders of Houp Clean Energy Group Co., Ltd.:
We have accepted the commission to verify the attached special report on the storage, management, and use of raised funds by Houp Clean Energy Group Co., Ltd. (hereinafter referred to as "your company" or "Houp") as of December 31, 2025.
1. Limitation on Report Users and Purpose
This verification report is solely for the purpose of disclosure in your company's 2025 annual report and may not be used for any other purpose. We agree to include this verification report as a necessary document in your company's 2025 annual report, to be submitted and disclosed externally along with other documents.
2. Responsibilities of the Board of Directors
The responsibility of Houp's Board of Directors is to prepare the special report on the storage, management, and use of raised funds in accordance with the relevant provisions of the China Securities Regulatory Commission's "Regulations on the Supervision of Raised Funds by Listed Companies," the "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of Growth Enterprise Market Listed Companies," and the "Announcement Format Guidelines for Growth Enterprise Market Listed Companies." They must ensure that the content is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
3. Responsibilities of the Certified Public Accountants
Our responsibility is to independently provide a verification conclusion on the report prepared by Houp's Board of Directors based on the verification work performed.
4. Overview of Work
We conducted the verification in accordance with the standards for practicing certified public accountants in China. These standards require us to plan and perform verification work to obtain reasonable assurance that the information in the verification subject is free from material misstatement. During the verification process, we implemented necessary procedures including understanding, inquiry, and inspection. We believe that the verification evidence obtained is sufficient and appropriate to provide a reasonable basis for our conclusion.
5. Verification Conclusion
We believe that the special report on the storage, management, and use of raised funds prepared by Houp's Board of Directors has been compiled in accordance with the relevant provisions of the China Securities Regulatory Commission's "Regulations on the Supervision of Raised Funds by Listed Companies," the "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of Growth Enterprise Market Listed Companies," and the "Announcement Format Guidelines for Growth Enterprise Market Listed Companies," and accurately reflects, in all material respects, your company's storage, management, and use of raised funds for the year 2025.
Sichuan Huaxin (Group) CPA (LLP)
Certified Public Accountant: Liu Jun
Certified Public Accountant: Zhang Heng
Certified Public Accountant: Xiang Yongzhi
March 30, 2026
Special Report on the Storage, Management, and Use of Raised Funds for 2025
According to the relevant provisions of the China Securities Regulatory Commission's "Regulations on the Supervision of Raised Funds by Listed Companies," the "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of Growth Enterprise Market Listed Companies," and the "Announcement Format Guidelines for Growth Enterprise Market Listed Companies," the Board of Directors of Houp Clean Energy Group Co., Ltd. (hereinafter referred to as "the company") has prepared the special report on the storage, management, and use of raised funds as of December 31, 2025.