Exhibit 99.1

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

	June 30,			December 31,
	2018			2017
ASSETS
CURRENT ASSETS:
Cash	$	884,436		$	3,220,781
Restricted cash		1,475,918			55,322
Contracts receivable, net		20,995,991			16,904,972
Accounts receivable, net		723,124			1,419,305
Notes receivable		-			689,171
Retainage receivables, net		2,972,461			2,564,404
Inventories		5,424,902			1,582,501
Prepayments and advances to suppliers, net		9,755,071			11,904,107
Other receivables, net		229,898			240,284
TOTAL CURRENT ASSETS		42,461,801			38,580,847
Long-term investment		2,885,556			-
Property and equipment at cost, net of accumulated depreciation		14,009,154			14,588,262
Land use right, net of accumulated amortization		1,039,608			1,086,148
Deferred tax assets		454,591			46,101
Prepayment on property and equipment		-			247,324
TOTAL ASSETS	$	60,850,710		$	54,548,682
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Short-term loans	$	706,970		$	457,940
Accounts payable		5,191,560			1,332,106
Accrued expenses and other current liabilities		1,609,040			1,327,513
Other loan payable-current		-			179,182
Advances from customers		3,723,943			2,825,215
Taxes payable		7,574,611			7,067,593
TOTAL CURRENT LIABILITIES		18,806,124			13,189,549
Other loan payable - long term		176,139			411,683
Long-term loans		404,693			414,912
TOTAL LIABILITIES		19,386,956			14,016,144
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:
Common stock, $0.001 par value, 50,000,000 shares authorized, 16,269,577 and 14,695,347 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively		16,269			14,695
Additional paid-in capital		13,270,947			10,237,965
Retained earnings		28,308,385			29,877,491
Accumulated other comprehensive gain (loss)		(131,847	)		402,387
TOTAL SHAREHOLDERS' EQUITY		41,463,754			40,532,538
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	60,850,710		$	54,548,682

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

(Unaudited)

	For the Six Months Ended June 30,
	2018			2017
REVENUE
Installation service	$	7,580,749		$	6,352,092
Fluid equipment sales		2,754,317			1,391,348
		10,335,166			7,743,440
COST OF REVENUE
Cost of product and services		6,655,247			4,769,712
Business and sales related taxes		124,575			103,923
GROSS PROFIT		3,555,244			2,869,805
OPERATING EXPENSES
General and administrative expenses		4,396,710			1,469,722
Selling expenses		281,169			749,522
Research and development expenses		-			485,335
Total operating expenses		4,677,879			2,704,579
INCOME (LOSS) FROM OPERATIONS		(1,122,635	)		165,226
OTHER INCOME (EXPENSE)
Other income, net		1,736			2,256
Interest expense		(56,314	)		(23,518	)
Total other expense, net		(54,578	)		(21,262	)
INCOME (LOSS) BEFORE INCOME TAXES		(1,177,213	)		143,964
PROVISION FOR INCOME TAXES		391,892			487,298
NET LOSS	$	(1,569,105	)	$	(343,334	)
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation gain (loss)		(534,234	)		800,457
COMPREHENSIVE INCOME (LOSS)	$	(2,103,339	)	$	457,123
Basic and diluted loss per common share
Basic and diluted	$	(0.10	)	$	(0.02	)
Weighted average number of shares outstanding
Basic and diluted		15,427,622			14,695,347