Shenzhen Ouchuangxin Semiconductor Co., Ltd.
Audited Financial Statements
Fiscal Years 2025 and 2024
Table of Contents
| Item | Page |
|---|---|
| I. Audit Report | 1 - 3 |
| II. Audited Financial Statements | |
| Balance Sheet | 4 - 5 |
| Income Statement | 6 |
| Statement of Changes in Equity | 7 |
| Cash Flow Statement | 8 - 9 |
| Notes to Financial Statements | 10 - 59 |
| Supplementary Information | |
| 1. Schedule of Non-recurring Profit or Loss | 1 |
Audit Report
Ernst & Young Hua Ming (2026) Shen Zi No. 70122567_B01
To the Board of Directors of Shenzhen Ouchuangxin Semiconductor Co., Ltd.:
I. Audit Opinion
We have audited the financial statements of Shenzhen Ouchuangxin Semiconductor Co., Ltd., which comprise the balance sheets as at 31 December 2025 and 31 December 2024, and the income statements, statements of changes in equity and cash flow statements for the years 2025 and 2024, as well as notes to the financial statements.
In our opinion, the accompanying financial statements of Shenzhen Ouchuangxin Semiconductor Co., Ltd. present fairly, in all material respects, the financial position of the company as at 31 December 2025 and 31 December 2024, and its financial performance and cash flows for the years 2025 and 2024 in accordance with the Accounting Standards for Business Enterprises.
II. Basis for Audit Opinion
We conducted our audit in accordance with the Auditing Standards for Certified Public Accountants of China. Our responsibilities under those standards are further described in the "Certified Public Accountant's Responsibilities for the Audit of the Financial Statements" section of the audit report. In accordance with the Code of Ethics for Certified Public Accountants of China and the independence requirements for financial statement audits and reviews, we are independent of Shenzhen Ouchuangxin Semiconductor Co., Ltd. and have fulfilled our other ethical responsibilities. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
III. Responsibilities of Management and Those Charged with Governance for the Financial Statements
Management of Shenzhen Ouchuangxin Semiconductor Co., Ltd. is responsible for the preparation of financial statements in accordance with the Accounting Standards for Business Enterprises to ensure they present fairly, and for designing, implementing, and maintaining necessary internal controls to prevent material misstatements due to fraud or error.
In preparing the financial statements, management is responsible for assessing the company's ability to continue as a going concern, disclosing matters related to going concern (if applicable), and using the going concern basis of accounting unless management either intends to liquidate the company, cease operations, or has no realistic alternative but to do so.
Those charged with governance are responsible for overseeing the company's financial reporting process.
IV. Certified Public Accountant's Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an audit report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with auditing standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
As part of an audit in accordance with auditing standards, we exercise professional judgment and maintain professional skepticism throughout the audit. We also perform the following tasks: