Exhibit 99.2

WANG & LEE GROUP, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

AS OF JUNE 30, 2024, AND DECEMBER 31, 2023

(In thousands of U.S. dollars except share and per share data)

	As of
	June 30, 2024			December 31, 2023
	(Unaudited)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	4,650		$	5,210
Accounts receivables – current, net		3,108			3,997
Contract assets, net		537			1,651
Retention receivables – current, net		247			118
Other receivables		127			132
Other receivables – related parties		1			1
Advance and prepayments		745			189
Total current assets		9,415			11,298
NON-CURRENT ASSETS
Accounts receivables – non-current, net		926			-
Retention receivables – non-current, net		220			220
Right-of-use assets, operating lease, net		149			207
Plant and equipment, net		58			66
TOTAL ASSETS	$	10,768		$	11,791
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Short-term bank loans - current	$	1,717		$	1,149
Operating lease liability - current		112			113
Finance lease liability - current		11			10
Account payables		652			1,157
Other payables		255			332
Contract liabilities		1,214			997
Other payables – related parties		957			1,347
Total current liabilities		4,918			5,105
NON-CURRENT LIABILITIES
Operating lease liability – non-current		35			89
Finance lease liability – non-current		30			35
Long-term bank loans – non-current		500			553
TOTAL LIABILITIES		5,483			5,782
COMMITMENTS AND CONTINGENCIES		-			-
SHAREHOLDERS’ EQUITY
Ordinary share, no par value; 15,093,847 shares issued and outstanding as of June 30, 2024 and December 31, 2023		8,350,002			8,350,002
Additional paid-in-capital		503			503
Accumulated deficit		(3,594	)		(2,870	)
Accumulated other comprehensive income		26			26
Total shareholders’ equity		5,285			6,009
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	10,768		$	11,791

WANG & LEE GROUP, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

FOR THE SIX MONTHS ENDED JUNE 30, 2024 AND 2023

(In thousands of U.S. dollars except share and per share data)

	2024			2023
	(Unaudited)			(Unaudited)
Contract revenues	$	1,884		$	1,437
Contract costs		1,938			1,184
Gross (loss) profit		(54	)		253
Selling expenses		-			-
General and administrative expenses		(690	)		(1,894	)
Total operating expenses		(690	)		(1,894	)
Operating loss		(744	)		(1,641	)
Other income (expenses)
Other income		83			42
Interest expense		(63	)		(25	)
Total other income		20			17
Loss before taxes		(724	)		(1,624	)
Provision for income taxes		-			-
NET LOSS	$	(724	)	$	(1,624	)
Other comprehensive loss
Foreign currency translation adjustment		(0	)		(3	)
Total comprehensive loss	$	(724	)	$	(1,627	)
Loss per share – Basic and diluted	$	(0.05	)	$	(0.11	)
Basic and diluted weighted average shares outstanding		15,093,847			15,096,331