Special Report on Non-Operating Fund Occupation and Other Related Fund Transactions
To all shareholders of Ningbo Jiangfeng Electronic Materials Co., Ltd.:
We have audited the financial statements of Ningbo Jiangfeng Electronic Materials Co., Ltd. (hereinafter referred to as "Jiangfeng Electronics") for the year 2025, including the consolidated and parent company balance sheets as of December 31, 2025, the consolidated and parent company income statements, the consolidated and parent company cash flow statements, the consolidated and parent company statements of changes in equity, and the related notes to the financial statements. We issued an unqualified audit report numbered Xinhui Certified Report [2026] No. ZF10345 on April 14, 2025.