Company: LICN
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036244
Chunk: 100

Company: Lichen International Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 100
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 consolidated financial statements taken
as a whole.

/s/Enrome LLP

We have served as the Company’s auditor since 2024

Singapore

April 28, 2025

F-2

REPORT OF INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and

Shareholders of Lichen China Limited

Opinion on the Financial Statements

We have audited the accompanying
consolidated balance sheets of Lichen China Limited and subsidiaries (collectively, the “ Company”), as of December 31, 2022
and 2021, and the related consolidated statements of income and comprehensive income, changes in shareholders’ equity and cash flows
for each of two years period ended December 31, 2022, and the related notes (collectively referred to as the financial statements). In
our opinion, the financial statements present fairly, in all material respects, the consolidated financial position of the Company as
of December 31, 2022 and 2021, and the consolidated results of its operations and its cash flows for the two years
period ended December 31, 2022, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements
are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial
statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United
States) (“ PCAOB”) and are required to be independent with respect to the Company in accordance with the U. S. federal securities
laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits
in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to
have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required
to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness
of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing
procedures to assess the risks of material misstatements of the financial statements, whether due to error or fraud, and performing procedures
that respond to those risks. Such