HAOXI HEALTH TECHNOLOGY LIMITED INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS CONTENTS PAGE(S) UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS AS OF

HAOXI HEALTH TECHNOLOGY LIMITED

INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

HAOXI HEALTH TECHNOLOGY LIMITED

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

The accompanying notes are an integral part of

these unaudited condensed consolidated financial statements.

HAOXI HEALTH TECHNOLOGY LIMITED

UNAUDITED CONDNESED CONSOLIDATED STATEMENTS

The accompanying notes are an integral part of

these unaudited condensed consolidated financial statements.

HAOXI HEALTH TECHNOLOGY LIMITED

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS

The accompanying notes are an integral part of

these consolidated financial statements.

HAOXI HEALTH TECHNOLOGY LIMITED

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES

IN ACCUMULATED EQUITY

The accompanying notes are an integral part of

these consolidated financial statements.

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - ORGANIZATION AND BUSINESS DESCRIPTION

Haoxi Health Technology Limited ("Haoxi")

is a company incorporated under the laws of the Cayman Islands on August 5, 2022. It is a holding company with no business operations.

On August 30, 2022, Haoxi formed its wholly owned

subsidiary, Haoxi Information Limited ("Haoxi HK"), in Hong Kong. On October 13, 2022, Haoxi HK formed its wholly owned subsidiary,

Beijing Haoxi Health Technology Co., Limited ("WFOE"), in the PRC (the "PRC").

Beijing Haoxi Digital Technology Co., Ltd. ("Haoxi

BJ") is a limited liability company incorporated on September 26, 2018, under the laws of China.

On November 25, 2022, WFOE acquired 100%

equity interest of Haoxi BJ, as a result, Haoxi BJ became a wholly-owned subsidiary of WFOE.

As described below, Haoxi, through a restructuring

was accounted for as a reorganization of entities under common control (the "Reorganization"), became the ultimate parent

entity of its subsidiary, Haoxi BJ. Accordingly, Haoxi consolidates Haoxi BJ's operations, assets, and liabilities. Haoxi and its

subsidiaries, are collectively hereinafter referred as the "Company."

Haoxi together with its wholly owned subsidiaries,

Haoxi HK, WFOE, and Haoxi BJ, were controlled by the same shareholders before and after the Reorganization and, therefore, the Reorganization

is considered one for entities under common control. The consolidation of the Company was accounted for at historical cost and prepared

on the basis as if the Reorganization had become effective as of the beginning of the first period presented in the consolidated financial

The Company's current corporate structure is as follows:

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING

(a) Basis of presentation

The accompanying unaudited condensed consolidated

financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S.

GAAP") and pursuant to the rules and regulations of the U.S. Securities Exchange Commission (the "SEC"). The accompanying

unaudited condensed consolidated financial statements include the financial statements of the Company and its subsidiaries. All intercompany

balances and transactions are eliminated upon consolidation. Accordingly, certain information and footnote disclosures normally included

in annual financial statements prepared in accordance with U.S. GAAP have been omitted pursuant to the afore-mentioned SEC rules and regulations.

These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements

and notes thereto for the fiscal years ended 2025 and 2024. Operating results for the six-month period ended December 31, 2025 are not

necessarily indicative of the results that may be expected for the year ending June 30, 2026.

(b) Principles of consolidation

The unaudited condensed consolidated financial

statements include the financial statements of the Company, its subsidiaries for which the Company exercises control and, when applicable,

entities in which the Company has a controlling financial interest or the ultimate primary beneficiary.

All transactions and balances between the Company

and its subsidiaries were eliminated in the consolidation.

(c) Use of estimates

In preparing the unaudited condensed consolidated

financial statements in conformity with U.S. GAAP, management makes estimates and assumptions that affect the reported amounts of assets

and liabilities and disclosures of contingent assets and liabilities at the dates of the unaudited condensed consolidated financial statements,

as well as the reported amounts of revenue and expenses during the reporting periods. Significant items subject to such estimates and

assumptions include, but are not limited to, the assessment of the allowance for expected credit loss, useful lives of property and equipment

and intangible assets, impairment of long-lived assets, realization of deferred tax assets. Actual results could differ from those estimates.

(d) Cash and cash equivalents

Cash includes cash on hand and demand deposits

placed with banks or other financial institutions, which are unrestricted as to withdrawal or use in accounts maintained with commercial

banks. The Company maintains bank accounts in mainland China. Cash balances in bank accounts in mainland China are not insured by the

Federal Deposit Insurance Corporation or other programs. Cash balances in bank accounts in mainland China within the People's Republic

of China of less than RMB 500,000 (equivalent to $71,136) per bank are covered by "deposit insurance regulation"

promulgated by the State Council of the People's Republic of China.

(e) Accounts receivables, net

Accounts receivable are presented net of an allowance

for credit losses. The Company maintains an allowance for credit losses for estimated losses. Pursuant to the requirements of the Financial

Accounting Standards Board's Accounting Standards Codification Topic 326, Financial Instruments - Credit Losses ("ASC

326"), we measure credit losses utilizing a methodology that reflects expected credit losses and consider a broader range of reasonable

and supportable information to inform credit loss estimates. We determine an allowance for doubtful accounts based on historical customer

experience and other currently available evidence. When a specific account is deemed uncollectible, the account is written off against

(f) Advances to suppliers, net

Advances to suppliers represent balances paid

to suppliers for services that have not been provided or received. The Company reviews its advances to suppliers periodically and makes

general and specific allowances when there is doubt as to the ability of a supplier to provide supplies to the Company or refund an advance.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING

(g) Investment in convertible bond

The Company holds a convertible debt security

(the "Convertible debt") issued by a third party (the "Issuer"). The Convertible debt is classified as a held-to-maturity

("HTM") debt security in accordance with ASC 320, Investments - Debt Securities. This classification reflects the Company's

positive intent and ability to hold the Convertible debt until its contractual maturity date.

The Company has formally determined that the primary

investment objective is to earn a stable stream of contractual interest income. The Company has no present intention to exercise the conversion

option embedded in the Convertible debt, except in the remote scenario that specific, objectively determinable adverse conditions materialize

that would otherwise result in a significant loss of principal. Management has assessed the probability of such conditions as remote as

of the reporting date.

The embedded conversion option has not been bifurcated

from the host debt instrument. Because the Company is the holder (rather than the issuer) of the Convertible debt, ASC 815-15, Derivatives

and Hedging - Embedded Derivatives, does not require the Company to separate the equity conversion feature from the debt host. Accordingly,