Independent Verification Report on the Annual Storage and Use of Raised Funds
To all shareholders of Jiangsu Boyun Plastic Industry Co., Ltd.:
We have audited the "Special Report on the Storage and Use of Raised Funds for 2025" prepared by the Board of Directors of Jiangsu Boyun Plastic Industry Co., Ltd. (hereinafter referred to as "Jiangsu Boyun" or "the Company").
1. Limitation of Report Users and Purpose
This verification report is solely for the purpose of disclosure in Jiangsu Boyun's annual report and shall not be used for any other purpose. We agree to include this verification report as a necessary document in Jiangsu Boyun's annual report, submitted and disclosed externally along with other documents.
2. Responsibilities of the Board of Directors
The preparation of the "Special Report on the Storage and Use of Raised Funds for 2025" in accordance with the "Regulations on the Supervision of Raised Funds by Listed Companies," the "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," and related format guidelines is the responsibility of Jiangsu Boyun's Board of Directors. This responsibility includes ensuring 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 Jiangsu Boyun's Board of Directors.
4. Overview of Work
We conducted the verification in accordance with the "Standards for Other Assurance Services No. 3101 - Assurance Services Other than Audits or Reviews of Historical Financial Information." This standard requires us to plan and perform the verification work to obtain reasonable assurance that there are no material misstatements in the information being verified. During the verification process, we performed procedures we deemed necessary, including examining accounting records. We believe that our verification work provides a reasonable basis for our opinion.
5. Verification Conclusion
We believe that the attached "Special Report on the Storage and Use of Raised Funds for 2025" prepared by Jiangsu Boyun's Board of Directors has been prepared in all material respects in accordance with the aforementioned "Regulations on the Supervision of Raised Funds by Listed Companies," the "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," and related format guidelines, and accurately reflects the actual storage and use of Jiangsu Boyun's raised funds for the year 2025.
Tianheng Accounting Firm (Special General Partnership)
Certified Public Accountant: Wang Huanxin
Nanjing, China
March 27, 2026
Certified Public Accountant: Zou Juan
Special Report on the Storage and Use of Raised Funds for 2025
In accordance with the "Regulations on the Supervision of Raised Funds by Listed Companies," the "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," and related format guidelines, the report on the storage and use of raised funds for Jiangsu Boyun Plastic Industry Co., Ltd. (hereinafter referred to as "Jiangsu Boyun" or "the Company") for the year 2025 is as follows: