Core Viewpoint - The audit report confirms the authenticity of the financial performance of the target companies involved in the major asset restructuring of Hunan Energy Group Development Co., Ltd. for the period from 2023 to March 2025, with no reservations noted in the audit findings [1][2]. Group 1: Audit Findings - The audit firm conducted a thorough examination of the financial statements of the target companies, issuing unqualified audit reports for each entity involved [1]. - Specific attention was given to the revenue recognition practices of the target companies, which were identified as having fraud risk, and significant transactions were assessed as having special risk [2]. - No anomalies were found in revenue recognition, cost transfer, expense recognition, or significant transactions, indicating that there were no manipulations of accounting profits to meet or evade regulatory requirements [2].

Core Viewpoint - Beijing Zhongchang Shiji Information Technology Co., Ltd. (hereinafter referred to as "Shiji Information") has undergone a significant change in performance prior to the issuance of shares for asset acquisition, raising concerns about potential asset disposals in the restructuring process [1][3]. Group 1: Compliance and Financial Performance - The audit of Shiji Information's financial statements for the years 2022, 2023, and 2024 resulted in unqualified opinions, indicating no violations regarding fund occupation or external guarantees [3][4]. - Shiji Information's operating revenue for 2024 was approximately 294.73 million, showing an increase from 274.93 million in 2023 and 259.53 million in 2022. However, the company reported a net loss of approximately 147.84 million in 2024, worsening from a loss of 49.48 million in 2023 and 742.07 million in 2022 [4][10]. - The company has maintained compliance with accounting standards, with no evidence of false transactions, fictitious profits, or related party transactions that deviate from market pricing [6][10]. Group 2: Accounting Policy Changes - Shiji Information has implemented several accounting policy changes over the past three years, with no significant impact on its financial statements. For instance, changes effective from January 1, 2022, and January 1, 2023, did not affect the financial results for those years [7][9]. - The company reported adjustments in sales expenses and operating costs due to new accounting interpretations, but these adjustments did not materially affect the overall financial performance [9]. Group 3: Asset Evaluation - The transaction involving the issuance of shares for equity acquisition does not involve any proposed asset disposals, indicating a straightforward acquisition process without complications related to asset evaluations [10].