300938SZSE

2025 Annual Audit Report

✨ AI Summary

This audit report presents the financial statements of Shenzhen Xince Standard Technology Service Co., Ltd. for the year ending December 31, 2025. The audit concluded that the financial statements fairly reflect the company's financial position and operational results. Key figures include total revenue of 803.75 million RMB and net profit of 203.54 million RMB. The report emphasizes the recoverability of accounts receivable and revenue recognition as critical audit matters.

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Audit Report

Audit Report No. [2026] ZE10083

To all shareholders of Shenzhen Xince Standard Technology Service Co., Ltd.:

1. Audit Opinion

We have audited the financial statements of Shenzhen Xince Standard Technology Service Co., Ltd. (hereinafter referred to as "Xince Standard"), including the consolidated and parent company balance sheets as of December 31, 2025, the consolidated and parent company income statements, consolidated and parent company cash flow statements, consolidated and parent company statements of changes in equity, and related notes to the financial statements. In our opinion, the attached financial statements have been prepared in accordance with the provisions of the Accounting Standards for Business Enterprises in all material respects, and fairly present the financial position of Xince Standard as of December 31, 2025, as well as the operational results and cash flows for the year 2025.

2. Basis for Audit Opinion

We conducted our audit in accordance with the auditing standards for certified public accountants in China. The section "Responsibilities of Certified Public Accountants for the Audit of Financial Statements" in this report further elaborates on our responsibilities under these standards. In accordance with the "Independence Standards for Certified Public Accountants No. 1 - Requirements for Independence in Financial Statement Audits and Reviews" and the Code of Ethics for Certified Public Accountants in China, we are independent of Xince Standard and have fulfilled our other ethical responsibilities. We adhered to the independence requirements for audits of public interest entities during our audit. We believe that the audit evidence we obtained is sufficient and appropriate to provide a basis for our audit opinion.

3. Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements for the current period. These matters were addressed in the context of our audit of the financial statements as a whole and in forming our audit opinion, and we do not express a separate opinion on these matters.

The key audit matters identified during our audit are summarized as follows:

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