Audit Opinion - The audit report states that the financial statements of Shaoxing Huaxin Environmental Technology Co., Ltd. fairly reflect its financial position as of December 31, 2024, and June 30, 2025, as well as its operating results and cash flows for the year 2024 and the first half of 2025 [1][2]. Management and Governance Responsibilities - The management of the company is responsible for preparing the financial statements in accordance with accounting standards and ensuring that they are free from material misstatements due to fraud or error [2][3]. - The governance layer is responsible for overseeing the financial reporting process of the company [3]. Auditor's Responsibilities - The auditor's goal is to obtain reasonable assurance that the financial statements are free from material misstatement, whether due to fraud or error [3][4]. - The auditor identifies and assesses risks of material misstatement and designs audit procedures to address these risks [4][5]. Financial Statements Overview - The financial statements include the balance sheet, income statement, cash flow statement, and statement of changes in equity for the specified periods [1][2]. - The company operates in the ecological protection and environmental governance industry, focusing on the collection, transportation, storage, and disposal of industrial hazardous waste and medical waste [12][18]. Accounting Policies - The financial statements are prepared based on the going concern assumption, indicating that the company has no significant doubts about its ability to continue operations for the next 12 months [9]. - The company adheres to the accounting standards and policies that ensure a true and complete reflection of its financial status, operating results, and cash flows [9][10]. Cash Flow Analysis - The cash flow statement indicates cash inflows from operating activities amounting to approximately 32.62 million RMB and cash outflows of about 31.78 million RMB for the specified periods [8]. - The net cash flow from operating activities is reported as approximately 840,603.42 RMB for the first half of 2025 [8].