Verification Report on Hunan YN New Energy Battery Materials Co., Ltd.'s Pre-investment in Fundraising Projects

Verification Report on Hunan YN New Energy Battery Materials Co., Ltd.'s Pre-investment in Fundraising Projects and Payment of Issuance Costs

Pan-China Certified Public Accountants

Table of Contents

1. Verification Report on Pre-investment in Fundraising Projects and Payment of Issuance Costs… Pages 1-2
2. Special Explanation on Pre-investment in Fundraising Projects and Payment of Issuance Costs… Pages 3-5

Verification Report

To all shareholders of Hunan YN New Energy Battery Materials Co., Ltd.:

We have verified the "Special Explanation on Pre-investment in Fundraising Projects and Payment of Issuance Costs" prepared by the management of Hunan YN New Energy Battery Materials Co., Ltd. (hereinafter referred to as Hunan YN).

1. Limitation on Report Users and Purpose
   This verification report is solely for the purpose of Hunan YN to use self-raised funds to replace pre-invested funds in fundraising projects and pay issuance costs, and it shall not be used for any other purpose.

2. Management's Responsibility
   The management of Hunan YN is responsible for providing true, legal, and complete relevant materials, preparing the "Special Explanation on Pre-investment in Fundraising Projects and Payment of Issuance Costs" in accordance with the "Regulations on the Supervision of Fundraising by Listed Companies" (CSRC Announcement [2025] No. 10) and the "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standard Operation of GEM Listed Companies (2025 Revision)" (Shenzhen Stock Exchange Announcement [2025] No. 481), and ensuring that its content is true, accurate, and complete, without false records, misleading statements, or significant omissions.

3. Responsibility of the Certified Public Accountant
   Our responsibility is to independently provide a verification conclusion on the above explanation prepared by the management of Hunan YN based on the implementation of verification work.

4. Overview of Work
   We conducted the verification work in accordance with the standards for practicing certified public accountants in China. These standards require us to plan and perform verification work to obtain reasonable assurance that there are no material misstatements in the information subject to verification. During the verification process, we performed necessary procedures, including checking accounting records. We believe that our verification work provides a reasonable basis for our opinion.