Company: FSTWF
Filing Date: 2025-02-28
Form Type: F-1
Source: 0001213900-25-018264
Chunk: 164

Company: FST Corp.
Filing Date: 2025-02-28
Form: F-1
Chunk 164
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| Consolidated Financial Statements for the Six Months Ended June 30, 2024 and 2023                                                
 Consolidated Balance Sheets as of June 30, 2024 (Unaudited) and December 31, 2023                                                |     | F-27 |
|:---------------------------------------------------------------------------------------------------------------------------------|:----|:-----|
| Unaudited condensed Consolidated Statements of Operations and Comprehensive Loss for the Six Months Ended June 30, 2024 and 2023 |     | F-28 |
| Unaudited Consolidated Statements of Changes in Shareholders’ Equity for the Six Months Ended June 30, 2024 and 2023             |     | F-29 |
| Unaudited Consolidated Statements of Cashflow for the Six Months Ended June 30, 2024 and 2023                                    |     | F-30 |
| Notes to Unaudited Condensed Consolidated Financial Statements                                                                   |     | F-32 |

FST Corp.

| Consolidated Financial Statements for the year ended December 31, 2023   |     | Page |
|:-------------------------------------------------------------------------|:----|:-----|
| Report of Independent Registered Public Accounting Firm (PCAOB ID: 6907) |     | F-45 |
| Consolidated Balance Sheets                                              |     | F-46 |
| Consolidated Statement of Operations                                     |     | F-47 |
| Consolidated Statement of Changes in Shareholder’s Deficit               |     | F-48 |
| Consolidated Statement of Cash Flows                                     |     | F-49 |
| Notes to Consolidated Financial Statements                               |     | F-50 |

| Consolidated Financial Statements for the six months ended June 30, 2024 |     |      |
|:-------------------------------------------------------------------------|:----|:-----|
| Unaudited Consolidated Balance Sheets                                    |     | F-53 |
| Unaudited Consolidated Statement of Operations                           |     | F-54 |
| Unaudited Consolidated Statement of Changes in Shareholder’s Deficit     |     | F-55 |
| Unaudited Consolidated Statement of Cash Flows                           |     | F-56 |
| Notes to Unaudited Consolidated Financial Statements                     |     | F-57 |

F-1 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Shareholders of
Femco Steel Technology Co., Ltd. Opinion on the Financial Statements We have audited the accompanying consolidated balance sheets