2025 Half-Year Report (Updated)

Important Notes, Directory, and Definitions

The Board of Directors, Supervisory Board, and senior management of Yibin Wuliangye Co., Ltd. guarantee that the content of the half-year report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibilities. The person in charge of the company, the head of accounting, and the accounting institution declare: they ensure the financial report in this half-year report is true, accurate, and complete. All directors attended the board meeting to review this half-year report. The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital.

Directory

1. Important Notes, Directory, and Definitions ....................................2
2. Company Profile and Key Financial Indicators ..................................6
3. Management Discussion and Analysis ........................................8
4. Corporate Governance, Environment, and Society ...................................18
5. Important Matters ............................................... 21
6. Changes in Shares and Shareholder Information .....................................26
7. Bond-Related Information ........................................... 30
8. Financial Report ............................................... 31
9. Other Submitted Data .......................................... 125

Documents for Reference

The relevant departments of the company have the following documents available for shareholders to review:

1. Accounting statements signed and sealed by the legal representative, head of accounting, and head of the accounting institution.
2. All announcement documents publicly disclosed by the company during the reporting period in "China Securities Journal," "Shanghai Securities Journal," and "Securities Times."
3. The company's "2025 Half-Year Report."

Definitions

Company Profile and Key Financial Indicators

1. Company Profile

   • Stock Abbreviation: Wuliangye
   • Stock Code: 000858
   • Stock Exchange: Shenzhen Stock Exchange
   • Chinese Name: 宜宾五粮液股份有限公司
   • English Name: WULIANGYE YIBIN CO., LTD.
   • Abbreviation: WLY
   • Legal Representative: Hua Tao (acting)

2. Contact Information

   • Secretary of the Board: Zhang Xin
   • Securities Affairs Representative: Huang Hui
   • Address: No. 150, Minjiang West Road, Cuiping District, Yibin City, Sichuan Province
   • Phone: (0831) 3567000
   • Fax: (0831) 3555958
   • Email: 000858-wly@sohu.com