Exhibit 99.1

HEBRON TECHNOLOGY CO., LIMITED 
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)

	June 30,			December 31,
	2017			2016
ASSETS
CURRENT ASSETS:
Cash	$	3,610,585		$	11,875,893
Contracts receivable, net		13,293,350			12,928,033
Accounts receivable, net		265,002			187,852
Notes receivable		14,611			277,745
Retainage receivables, net		2,552,813			2,425,500
Inventories		3,775,477			2,249,623
Prepayments and advances to suppliers, net		9,024,485			4,537,823
Other receivables, net		618,977			96,602
TOTAL CURRENT ASSETS		33,155,300			34,579,071
Property and equipment at cost, net of accumulated depreciation		13,153,805			11,186,013
Land use right, net of accumulated amortization		1,070,006			1,071,310
Deferred tax assets		207,687			242,963
TOTAL  ASSETS	$	47,586,798		$	47,079,357
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Short-term loans	$	250,760		$	287,986
Accounts payable		1,221,616			1,185,215
Accrued expenses and other current liabilities		886,930			1,009,878
Advances from customers		2,997,590			3,060,962
Deferred revenue		877,095			1,042,511
Taxes payable		9,353,299			8,744,563
Due to related parties		-			68,397
TOTAL CURRENT LIABILITIES		15,587,290			15,399,512
Long-term loans		395,315			532,775
TOTAL LIABILITIES		15,982,605			15,932,287
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:
Common stock, $0.001 par value, 50,000,000 shares authorized, 14,695,347 and 14,695,347 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively		14,695			14,695
Additional paid-in capital		10,237,965			10,237,965
Retained earnings		22,397,770			22,741,104
Accumulated other comprehensive loss		(1,046,237	)		(1,846,694	)
TOTAL SHAREHOLDERS' EQUITY		31,604,193			31,147,070
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	47,586,798		$	47,079,357

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

HEBRON TECHNOLOGY CO., LIMITED 
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(Unaudited)

	For The Six Months Ended June 30,
	2017			2016
REVENUE
Installation service	$	6,352,092		$	9,820,436
Fluid equipment sales		1,391,348			922,697
		7,743,440			10,743,133
COST OF REVENUE
Cost of product and services		4,769,712			6,482,331
Business and sales related taxes		103,923			153,099
GROSS PROFIT		2,869,805			4,107,703
OPERATING EXPENSES
General and administrative expenses		1,469,722			466,192
Selling expenses		749,522			719,230
Research and development expenses		485,335			22,440
Total operating expenses		2,704,579			1,207,862
INCOME FROM OPERATIONS		165,226			2,899,841
OTHER INCOME (EXPENSE)
Other income, net		2,256			283
Interest expense		(23,518	)		(12,114	)
Total other expense, net		(21,262	)		(11,831	)
INCOME BEFORE INCOME TAXES		143,964			2,888,010
PROVISION FOR INCOME TAXES		487,298			744,118
NET INCOME (LOSS)	$	(343,334	)	$	2,143,892
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation gain (loss)		800,457			(437,776	)
COMPREHENSIVE INCOME	$	457,123		$	1,706,116
Basic and diluted earnings per common share
Basic	$	(0.02	)	$	0.18
Diluted	$	(0.02	)	$	0.18
Weighted average number of shares outstanding
Basic		14,695,347			12,000,000
Diluted		14,695,347			12,000,000