Group 1 - The audit report concludes that Jiangsu Trina Energy Storage Co., Ltd. (hereinafter referred to as "Trina Storage") financial statements fairly reflect its financial position as of December 31, 2024, in accordance with accounting standards [1][2][3] - The management of Trina Storage is responsible for the preparation of financial statements that provide a true and fair view, and for maintaining necessary internal controls to prevent material misstatements due to fraud or error [2][3] - The auditors conducted their work in accordance with Chinese auditing standards, ensuring independence and adherence to professional ethics [1][3] Group 2 - Trina Storage has a registered capital of RMB 100 million and was established on November 4, 2015, with its main activities including manufacturing, research, design, and technical services related to energy storage systems [5][6] - As of December 31, 2024, Trina Storage has 16 subsidiaries globally, with various registered capital amounts [5] - The financial statements are prepared on a going concern basis, with management assessing the company's ability to continue operations for the next 12 months [5][6] Group 3 - The audit opinion is based on sufficient and appropriate audit evidence obtained during the audit process, which included assessing the risks of material misstatement due to fraud or error [3][4] - The auditors evaluated the appropriateness of accounting policies selected by management and the reasonableness of accounting estimates and disclosures [3][4] - The report emphasizes that while reasonable assurance is provided, it does not guarantee that all material misstatements will be detected [3][4]