Shaoyang Weike Hydraulic Co., Ltd.
Review Report
Zhonghuan Yue Zi (2026) No. 1100002
To the Shareholders of Shaoyang Weike Hydraulic Co., Ltd.:
We have reviewed the accompanying pro forma consolidated financial statements of Shaoyang Weike Hydraulic Co., Ltd. (hereinafter referred to as "Shaoyang Hydraulic"), which comprise the pro forma consolidated balance sheets as of December 31, 2025, and December 31, 2024, the pro forma consolidated income statements for the years 2025 and 2024, and the related notes to the pro forma consolidated financial statements, prepared in accordance with the basis of preparation described in Note III to the pro forma consolidated financial statements. The preparation of these pro forma consolidated financial statements is the responsibility of the management of Shaoyang Hydraulic. Our responsibility is to issue a review report on these pro forma consolidated financial statements based on our review.
We conducted our review in accordance with the "Standard on Review Engagements No. 2101 — Review of Financial Statements" of the Chinese Institute of Certified Public Accountants. This standard requires that we plan and perform the review to obtain limited assurance as to whether the above pro forma consolidated financial statements are free from material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data, and provides less assurance than an audit. We have not performed an audit, and accordingly, we do not express an audit opinion. In accordance with the independence standards and the Code of Ethics for Chinese Certified Public Accountants, we are independent of Shaoyang Hydraulic and have fulfilled our other ethical responsibilities. We have also complied with the independence requirements applicable to public interest entities.
Based on our review, nothing has come to our attention that causes us to believe that the above pro forma consolidated financial statements were not prepared, in all material respects, in accordance with the basis of preparation described in Note III to the pro forma consolidated financial statements.
As described in Note III to the pro forma consolidated financial statements, the accompanying pro forma consolidated financial statements of Shaoyang Hydraulic are intended solely for the purpose of Shaoyang Hydraulic submitting major asset restructuring application materials to the Shenzhen Stock Exchange and are not intended for any other use.
[Chart: Audit firm signature page]
Pro Forma Consolidated Balance Sheet
Unit: RMB Yuan