新锐股份:DrillcoToolsS.A.审计报告

Consolidated
FINANCIAL STATEMENTS
Corresponding to the period ending August 31st 2024 and December 31st 2023.
Report of Independent Auditor
To the
Partners and Directors of
Suzhou Shareate Tools Ltd.
Auditor’s Opinion
We have audited the financial statements of Drillco Tool S.A. and its subsidiaries, which comprise the
statements of financial position as of August 31 2024, and December 31 2023, and the related statements of
comprehensive income, changes in equity and cash flows for the eight months ended as of August 31, 2024
and the year ended as of December 31, 2023 and the related notes to the financial statements.
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial
position of Drillco Tools S.A and its subsidiaries as of August 31 2024, and December 31 2023, and the
results of its operations and its cash flows for the eight months ended as of August 31, 2024 and the year
ended as of December 31, 2023, in accordance with the International Financial Reporting Standards.
Basis for the opinion
We conducted our audits in accordance with generally accepted auditing standards in Chile. Our
responsibilities under those standards are further described in the “Auditor’s Responsibilities for the Audit of
the Financial Statements” section of our report. We are independent of Drillco Tools S.A and its subsidiaries,
in accordance with ethical requirements that are relevant to our audits of the financial statements, and we
have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the
audit evidence that we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Emphasis of Matter: Special purpose of the Consolidated Financial Statements and use
restrictions
This report is issued to all shareholders of Suzhou Shareate Tools Ltd. solely for the purpose of their
proposed share acquisition of Drillco Tools S.A. and should not be used for any other purpose. We expressly
disclaim any liability or obligation to any other party regarding the content of this report. Our opinion is not
modified in respect of this matter.
Responsibilities of Management for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in
accordance with International Financial Reporting Standards. This responsibility includes the design,
implementation and maintenance of internal control relevant to the preparation and fair presentation of
financial statements that are free from material misstatements, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions and
events, considered in the aggregate, that raise substantial doubt about the ability of Drillco Tools S.A and its
subsidiaries, to continue as a going concern for at least twelve months after the end of the reporting period,
but not limited to that period.
Forvis Mazars Auditores Consultores Limitada 1
Responsibilities of the Auditor for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements, as a whole, are
free of material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our
opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is
not a guarantee that an audit conducted in accordance with Generally Accepted Auditing Standards in Chile
will always detect a material misstatement when it exists.
The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from
error, as fraud may involve collusion, forgery, intentional omission, concealment, misrepresentation or the
override of controls by Management. A misstatement is considered material if, individually or in the
aggregate, it could influence the judgment of a reasonable user of these financial statements.
As part of an audit conducted in accordance with Generally Accepted Auditing Standards in Chile, we:
 Exercise professional judgment and maintain professional skepticism throughout the audit.
 Identify and assess the risks of material misstatement in the financial statements, whether due to
fraud or error, design and perform audit procedures responsive to those risks. Those procedures
include examining, on a test basis, evidence supporting the amounts and disclosures in the financial
statements.
 Obtain an understanding of internal control relevant to the audit in order to design audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the internal control of Drillco Tools S.A and its subsidiaries. Accordingly, no such
opinion is expressed.
 Evaluate th