*ST宝鹰: 安礼华粤（广东）会计师事务所（特殊普通合伙）关于旦华复能（珠海）新能源科技有限公司审计报告

Group 1 - The audit report indicates that the consolidated financial statements of Danhua Renewable Energy (Zhuhai) Technology Co., Ltd. fairly reflect its financial position as of May 31, 2025, and its operational results and cash flows for the period from January to May 2025 [1][2][3] - The management of Danhua Renewable Energy is responsible for preparing the financial statements in accordance with accounting standards and ensuring that they are free from material misstatement due to fraud or error [3][4] - The audit was conducted in accordance with Chinese CPA auditing standards, and sufficient evidence was obtained to support the audit opinion [1][5] Group 2 - Danhua Renewable Energy was officially established on May 6, 2023, with a registered capital of RMB 1,000,000 [6][7] - The company operates in various sectors including energy management services, solar power technology services, and environmental protection equipment sales [6][7] - The financial statements are prepared based on the going concern assumption, indicating the management's belief in the company's ability to continue operations for at least 12 months following the approval date of the financial statements [7][8] Group 3 - The company adheres to the accounting policies and estimates as per the relevant accounting standards, ensuring that the financial statements provide a true and complete reflection of its financial status [7][8] - The company employs a perpetual inventory system for its stock management and recognizes inventory impairment losses when the cost exceeds the net realizable value [27][28] - Long-term equity investments are measured based on the initial investment cost, which includes direct costs associated with the acquisition [30][31]