Company: FSTWF
Filing Date: 2025-07-08
Form Type: F-1/A
Source: 0001213900-25-061884
Chunk: 208

Company: FST Corp.
Filing Date: 2025-07-08
Form: F-1/A
Chunk 208
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 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 audit swe 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 audit sincluded performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit salso included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit sprovide a reasonable basis for our opinion. /s/ Marcum Asia CPAs llp Marcum Asia CPAs llp We have served as the Company’s auditor since 2024. New York, New York
May 15, 2025 F-36

FST LTD.
(FORMERLY CHENGHE ACQUISITION I CO.)
BALANCE SHEETS

|                                                                                                                                                                                                                                          |     | December 31, 
 2024         |            |   |     | December 31, 
 2023         |            |   |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-------------|-----------:|:--|:----|:-------------|-----------:|:--|
| Assets                                                                                                                                                                                                                                   |     |              |            |   |     |              |            |   |
| Current Assets                                                                                                                                                                                                                           |     |              |            |   |     |              |            |   |
| Prepaid expenses                                                                                                                                                                                                                         |     | $            |          — |   |     | $            |      3,640 |   |
| Total Current Assets                                                                                                                                                                                                                     |     |              |          — |   |     |              |      3,640 |   |
| Cash held in Trust Account                                                                                                                                                                                                               |     |              | 41,746,692 |   |     |              | 43,605,597 |   |
| Total Assets                                                                                                                                                                                                                             |     | $            | 41,746,692 |   |     | $            | 43,609,237 |   |
| Liabilities, Redeemable Ordinary Shares