2026 First Quarter Report

2026 First Quarter Report Stock Code: 002008 Stock Abbreviation: Han's Laser Announcement No.: 2026030 Han's Laser Technology Industry Group Co., Ltd. 2026 First Quarter Report The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions. Important Information Disclosure:

1. The Board of Directors, Directors, and Senior Management guarantee the truthfulness, accuracy, and completeness of the quarterly report, and that there are no false records, misleading statements, or material omissions, and they shall bear individual and joint legal liabilities.
2. The Company's principal, the person in charge of accounting, and the head of the accounting department (chief accountant) hereby declare: Guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report.
3. Has the first quarter financial accounting report been audited? □ Yes ☑ No I. Main Financial Data (I) Main Accounting Data and Financial Indicators Does the Company need to retrospectively adjust or restate prior year accounting data? □ Yes ☑ No Unit: RMB Item Operating revenue Net profit attributable to shareholders of the parent company Net profit attributable to shareholders of the parent company, excluding recurring non-operating items Net cash flow from operating activities Basic earnings per share Diluted earnings per share Weighted average return on net assets Total assets Total equity attributable to shareholders of the parent company Current Period 5,134,891,511.85 354,067,494.53 408,265,775.87 -715,953,492.60 0.34 0.34 1.87% 43,123,327,800.30 20,668,301,601.52 Prior Period 2,943,580,546.79 163,470,377.43 71,901,945.12 -656,985,386.57 0.16 0.16 0.97% 38,248,456,805.92 17,283,032,015.02 Year-on-Year Change (%) 74.44% 116.59% 467.81% -8.98% 112.50% 112.50% 0.90% End of Period 12.75% 19.59% Unit: RMB Item Current Period Prior Period Year-on-Year Change (%) (II) Non-recurring Items and Amounts ☑ Applicable □ Not Applicable Item Gains or losses from disposal of non-current assets (including write-downs of impaired assets) Government subsidies included in current profit or loss (excluding government subsidies closely related to the Company's normal business operations, in line with national policy, recognized according to prescribed standards, and having a continuous impact on the Company's profit or loss) Gains or losses from changes in fair value of financial assets and financial liabilities, and gains or losses from disposal of financial assets and financial liabilities, other than those arising from hedging activities related to normal business operations of the Company Reversal of impairment losses on receivables tested individually Other non-operating income and expenses Less: Income tax effect Total Less: Impact of minority shareholders' equity (after tax) Details of other items that meet the definition of non-recurring items: □ Applicable □ Not Applicable The Company has no other items that meet the definition of non-recurring items. Explanation of the situation where items listed in the "Explanation Announcement No. 1 on Disclosure of Information by Companies Issuing Securities - Non-recurring Items" are classified as recurring items: □ Applicable □ Not Applicable The Company has no items listed in the "Explanation Announcement No. 1 on Disclosure of Information by Companies Issuing Securities - Non-recurring Items" that are classified as recurring items. (III) Changes in Main Accounting Data and Financial Indicators and Reasons ☑ Applicable □ Not Applicable Item Monetary funds Financed account receivables Long-term receivables Construction in progress Development expenditure Short-term borrowings Notes payable Accrued employee compensation Other payables Non-current liabilities due within one year Long-term borrowings Deferred tax liabilities Capital reserve Other comprehensive income Minority interests Current Period (Jan-Mar 2026) 10,554,918,832.33 775,828,691.04 257,056,142.51 259,086,976.25 13,270,064.87 610,357,368.79 1,208,492.16 1,187,386,790.66 145,151,110.68 1,119,432,886.77 2,351,907,161.73 25,073,266.22 6,228,877,939.04 -162,057,754.16 3,613,054,377.30 Prior Period (Jan-Mar 2025) 8,013,133,683.60 550,318,518.91 419,013,335.00 197,075,456.64 9,054,632.91 910,724,258.95 13,206,588.46 1,589,788,548.94 207,082,326.34 1,483,240,209.66 2,634,726,233.95 75,230,786.47 3,307,394,697.43 -271,776,604.52 1,642,972,885.56 Change (%) 31.72% 40.98% -38.65% 31.47% 46.56% -32.98% -90.85% -25.31% -29.91% -24.53% -10.73% -66.67% 88.33% 40.37% 119.91% Unit: RMB Item Current Period (Jan-Mar 2026) Prior Period (Jan-Mar 2025) Change (%) Operating revenue 3,388,237,057.20 2,002,921,094.62 69.16% Operating cost 348,552,113.54 285,958,252.67 21.89% Selling expenses 362,210,518.69 252,975,881.84 43.18% General and administrative expenses 507,619,904.11 409,463,537.11 23.97% Research and development expenses 42,696,894.14 -27,435,329.35 255.63% Financial expenses 168,568,140.52 120,846,493.60 39.49% Other income Investment income (loss, presented as "-") -18,932,962.38 -7,618,845.84 -148.50% Gains on changes in fair value (loss, presented as "-") -100,201,319.20 89,429,419.20 -212.05% Impairment losses on receivables (loss, presented as "-") -22,735,267.61 18,479,081.47 -223.03% Operating profit 463,298,819.05 185,914,008.99 149.20% Non-operating income 8,290,146.04 1,457,732.21 468.70% Non-operating expenses 5,602,307.77 646,761.74 766.21% Profit before tax 465,986,657.32 186,724,979.46 149.56% Income tax expense 29,466,987.03 -5,287,625.99 657.28% Net profit 436,519,670.29 192,012,605.45 127.34% Net profit attributable to shareholders of the parent company 354,067,494.53 163,470,377.43 116.59% Minority interests' net profit 82,452,175.76 28,542,228.02 188.88% Net cash flow from operating activities -715,953,492.60 -656,985,386.57 -8.98% Net cash flow from investing activities 84,894,525.44 800,578,246.87 -89.40% Net cash flow from financing activities 3,920,756,060.89 1,526,017,591.19 156.93% Net increase in cash and cash equivalents 3,179,056,083.82 1,672,769,764.20 90.05%
4. The significant fluctuations in monetary funds, minority interests, and capital reserve compared to the beginning of the year and the prior period are due to the issuance of new shares by Han's CNC in Hong Kong for fundraising.
5. The significant fluctuation in financed account receivables compared to the beginning of the year is due to a large number of bill settlements and an increase in bank acceptance bill balances during the reporting period.
6. The significant fluctuation in long-term receivables compared to the beginning of the year is due to the reclassification of some long-term receivables to non-current assets due within one year.
7. The significant fluctuation in construction in progress compared to the beginning of the year is due to increased investment in construction projects such as the Han's Laser East China Regional Headquarters Base during the reporting period.
8. The significant fluctuation in development expenditure compared to the beginning of the year is due to increased capitalization of R&D projects during the reporting period.
9. The significant fluctuations in short-term borrowings, non-current liabilities due within one year, and long-term borrowings compared to the beginning of the year are due to the repayment of a significant amount of financial institution loans during the reporting period.
10. The significant fluctuation in notes payable compared to the beginning of the year is due to a decrease in prepayments with no clear contracts or obligations during the reporting period.
11. The significant fluctuation in accrued employee compensation compared to the beginning of the year is due to the payment of annual bonuses to employees during the reporting period.
12. The significant fluctuation in other payables compared to the beginning of the year is due to the payment of remaining equity in Jianghai and intermediary fees paid by its subsidiary Han's CNC during the reporting period.
13. The significant fluctuations in gains on changes in fair value and deferred tax liabilities compared to the prior year are due to the impact of stock price fluctuations of other non-current financial assets held.
14. The significant fluctuation in the net amount of other comprehensive income compared to the prior year is due to the impact of stock price fluctuations of equity instruments held and USD exchange rate fluctuations.
15. The significant fluctuations in operating revenue, operating cost, selling expenses, general and administrative expenses, R&D expenses, operating profit, profit before tax, income tax expense, net profit, net profit attributable to parent company, and minority interests' net profit compared to the prior year are due to the substantial growth of the Company's main business during the reporting period.
16. The significant fluctuation in financial expenses compared to the prior year is due to the impact of USD exchange rate fluctuations during the reporting period.
17. The significant fluctuation in other income compared to the prior year is due to the receipt of a large amount of software tax rebates during the reporting period.
18. The significant fluctuation in investment income compared to the prior year is due to the impact of equity method accounting for investments in joint ventures and associates.
19. The significant fluctuation in impairment losses on receivables compared to the prior year is due to an increase in bad debt provisions in accordance with the Company's policy.
20. The significant fluctuations in non-operating income and expenses compared to the prior year are due to fluctuations in income and expenses such as scrap revenue and liquidated damages during the reporting period.
21. The significant fluctuation in net cash flow from operating activities compared to the prior year is due to an increase in orders and an increase in inventory procurement payments during the reporting period.
22. The significant fluctuation in net cash flow from investing activities compared to the prior year is due to a decrease in the recovery of wealth management products compared to the prior period, and an increase in investment in Jianghai, Fengchao, and Lochpine Green Fund I LP during the reporting period.
23. The significant fluctuations in net cash flow from financing activities and net increase in cash and cash equivalents compared to the prior year are due to the issuance of new shares by Han's CNC in Hong Kong for fundraising. II. Shareholder Information (I) Total Number of Ordinary Shareholders and Top Ten Shareholders by Shareholding and Voting Rights Recovery of Preferred Shareholders Unit: Shares Total number of ordinary shareholders at the end of the reporting period 75,877 Total number of preferred shareholders with voting rights recovered at the end of the reporting period (if any) 0 Top Ten Shareholders by Shareholding (excluding shares lent through securities lending) Shareholder Name Nature of Shareholder Shareholding Percentage (%) Number of Shares Held Number of Shares Held with Restricted Trading Pledged, Marked, or Frozen Status Number Han's Holdings Group Co., Ltd. Domestic Non-State-Owned Legal Entity 15.71% 161,773,306 0 Pledged 88,160,000 Hong Kong Securities Clearing Company Limited Foreign Legal Entity 9.90% 101,938,683 0 Pledged 0 Gao Yunfeng Foreign Natural Person 9.36% 96,319,535 72,239,651 93,760,000 Industrial Bank Co., Ltd. - Huaxia CSI Robotics Trading Open-end Index Securities Investment Fund Other 2.20% 22,617,924 0 Not Applicable 0 Industrial and Commercial Bank of China Co., Ltd. - Huaxia CSI Robotics Trading Open-end Index Securities Investment Fund Other 0.89% 9,129,000 0 Not Applicable 0 Guotai Junan Securities Co., Ltd. - Tianhong CSI Robotics Trading Open-end Index Securities Investment Fund Other 0.85% 8,772,846 0 Not Applicable 0 China Merchants Bank Co., Ltd. - All-Star He Run Mixed Securities Investment Fund Other 0.82% 8,491,904 0 Not Applicable 0 China Everbright Bank Co., Ltd. - All-Star Commercial Model Selection Mixed Securities Investment Fund (LOF) Other 0.79% 8,108,314 0 Not Applicable 0 China Merchants Bank Co., Ltd. - Ruijian Growth Value Mixed Securities Investment Fund Other 0.77% 7,896,302 0 Not Applicable 0 China Minsheng Bank Co., Ltd. - Huaxia CSI Digital Future Mixed Securities Investment Fund Other 0.73% 7,538,427 0 Not Applicable 0 Top Ten Unrestricted Shareholders (excluding shares lent through securities lending and shares locked by senior management) Shareholder Name Number of Shares Held with Unrestricted Trading Share Type Number of Shares Han's Holdings Group Co., Ltd. 161,773,306 RMB Ordinary Shares 161,773,306 Hong Kong Securities Clearing Company Limited 101,938,683 RMB Ordinary Shares 101,938,683 Gao Yunfeng 24,079,884 RMB Ordinary Shares 24,079,884 Industrial Bank Co., Ltd. - Huaxia CSI Robotics Trading Open-end Index Securities Investment Fund 22,617,924 RMB Ordinary Shares 22,617,924 Industrial and Commercial Bank of China Co., Ltd. - Huaxia CSI Robotics Trading Open-end Index Securities Investment Fund 9,129,000 RMB Ordinary Shares 9,129,000 Guotai Junan Securities Co., Ltd. - Tianhong CSI Robotics Trading Open-end Index Securities Investment Fund 8,772,846 RMB Ordinary Shares 8,772,846 China Merchants Bank Co., Ltd. - All-Star He Run Mixed Securities Investment Fund 8,491,904 RMB Ordinary Shares 8,491,904 China Everbright Bank Co., Ltd. - All-Star Commercial Model Selection Mixed Securities Investment Fund (LOF) 8,108,314 RMB Ordinary Shares 8,108,314 China Merchants Bank Co., Ltd. - Ruijian Growth Value Mixed Securities Investment Fund 7,896,302 RMB Ordinary Shares 7,896,302 China Minsheng Bank Co., Ltd. - Huaxia CSI Digital Future Mixed Securities Investment Fund 7,538,427 RMB Ordinary Shares 7,538,427 Explanation of relationships between the above shareholders or concerted actions: The controlling shareholder of Han's Holdings Group Co., Ltd. is Gao Yunfeng. Gao Yunfeng and Han's Holdings Group Co., Ltd. are concerted parties. Explanation of whether the top ten shareholders are involved in margin trading and securities lending: □ Applicable □ Not Applicable Whether the shareholding of top 10 shareholders and top 10 unrestricted shareholders changed significantly compared to the previous period due to margin trading and securities lending: □ Applicable □ Not Applicable (II) Total Number of Preferred Shareholders of the Company and Top Ten Preferred Shareholders by Shareholding □ Applicable □ Not Applicable III. Other Important Matters ☑ Applicable □ Not Applicable
24. On February 13, 2026, the Company disclosed the "Pre-disclosure Announcement on Share Reduction by Controlling Shareholder" (Announcement No.: 2026011). The controlling shareholder, Han's Holdings Group Co., Ltd. ("Han's Holdings"), plans to reduce its shares by no more than 9,958,170 shares (accounting for 0.9672% of the Company's total share capital) through centralized bidding. The reduction period is within three months from 15 trading days after the aforementioned announcement (from March 16, 2026, to June 12, 2026, excluding periods when reductions are not permitted according to laws, regulations, and normative documents). On April 2, 2026, the "Announcement on Change of Shareholding of Controlling Shareholder and Reaching the 5% Threshold" (Announcement No.: 2026018) was disclosed. Han's Holdings reduced its shareholding by 691,900 shares (accounting for 0.0672% of the Company's total share capital) through centralized bidding on April 1, 2026. The total number of shares held by Han's Holdings and its concerted party Gao Yunfeng changed from 258,092,841 shares to 257,400,941 shares, and the proportion of the Company's total share capital decreased from 25.0672% to 25.0000%. The change in shareholding also triggered the 5% threshold. As of the date of this announcement, the share reduction plan has not yet been implemented. The Company will continue to pay close attention to the progress of its share reduction plan and fulfill information disclosure obligations in accordance with relevant regulations.
25. On February 25, 2026, the Company disclosed the "Announcement on Establishing Overseas Operations Center" (Announcement No.: 2026013). To further expand overseas business, the Company plans to invest USD 150 million to establish an overseas operations center in Southeast Asia. This investment will be implemented through the Company or its subsidiaries, aiming to be closer to the international market, meet the needs of overseas customers, and enhance resource allocation and operational efficiency. It does not constitute a related party transaction, nor does it constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
26. On February 6, 2026, the Company disclosed the "Announcement on the Listing and Trading of H Shares of its Subsidiary Shenzhen Han's CNC Technology Co., Ltd. Overseas" (Announcement No.: 2026010). With the approval of the Hong Kong Stock Exchange, 50,451,800 H shares issued by Han's CNC (before the exercise of the over-allotment option) were listed and traded on the Main Board of the Hong Kong Stock Exchange on February 6, 2026. The Chinese short name for Han's CNC H shares is "大族数控" and the English short name is "HANS CNC". The stock code is "03200". After the issuance and listing of Han's CNC H shares, the Company will still maintain control over Han's CNC. IV. Quarterly Financial Statements (I) Financial Statements
27. Consolidated Balance Sheet Prepared by: Han's Laser Technology Industry Group Co., Ltd. Unit: RMB Item As of March 31, 2026 As of January 1, 2026 Current assets: Monetary funds Settlement reserves Lending funds Financial assets held for trading Derivative financial assets 10,554,918,832.33 8,013,133,683.60 Notes receivable Accounts receivable Financed account receivables Prepayments Notes payable Accounts payable Contract liabilities Sold repurchase agreements Deposits from customers and interbank deposits Other current assets Total current assets Non-current assets: Loans and advances to customers Debt investments Other debt investments Long-term receivables Long-term equity investments Other equity instrument investments Other non-current financial assets Investment properties Fixed assets Construction in progress Productive biological assets Oil and gas assets Right-of-use assets Intangible assets Of which: Data resources Development expenditure Of which: Data resources Goodwill Long-term deferred expenses Deferred tax assets Other non-current assets Total non-current assets Total assets Current liabilities: Short-term borrowings Central bank lending Lending funds Financial liabilities held for trading Derivative financial liabilities Notes payable Accounts payable Prepayments Contract liabilities Sold repurchase agreements Deposits from customers and interbank deposits Agency trading securities 893,872,563.66 9,057,102,551.52 775,828,691.04 240,911,592.36 150,572,178.04 6,470,246,760.72 591,865,998.25 1,424,670,985.28 417,848,652.49 30,577,838,805.69 257,056,142.51 800,069,754.83 752,019,495.67 369,370,923.84 306,991,810.00 6,253,743,024.62 259,086,976.25 211,204,457.40 1,625,349,765.68 13,270,064.87 93,679,166.01 209,024,104.06 706,256,290.14 688,367,018.73 12,545,488,994.61 43,123,327,800.30 610,357,368.79 1,029,156,801.15 8,323,839,776.12 550,318,518.91 235,129,789.44 150,394,868.37 5,222,103,010.38 475,946,891.04 1,189,673,982.26 382,581,274.20 25,572,278,595.47 419,013,335.00 820,526,251.32 641,317,919.89 440,221,696.65 311,767,120.00 6,310,685,864.36 197,075,456.64 208,542,583.72 1,645,816,852.87 9,054,632.91 93,679,166.01 224,081,220.80 708,345,686.51 646,050,423.77 12,676,178,210.45 38,248,456,805.92 910,724,258.95 3,900,000.00 3,328,698,551.26 7,328,311,152.44 1,208,492.16 1,429,783,958.18 3,242,551,275.19 6,830,461,722.31 13,206,588.46 1,105,904,082.45 Unit: RMB Item As of March 31, 2026 As of January 1, 2026 Agency trading securities 893,872,563.66 1,029,156,801.15 Accounts receivable 9,057,102,551.52 8,323,839,776.12 Financed account receivables 775,828,691.04 550,318,518.91 Prepayments 240,911,592.36 235,129,789.44 Notes payable Accrued employee compensation 1,187,386,790.66 1,589,788,548.94 Taxes and dues payable 253,573,511.12 270,173,766.03 Other payables 145,151,110.68 207,082,326.34 Of which: Interest payable Dividends payable 150,572,178.04 150,394,868.37 Fees and commissions payable Payable for reinsurance Provision for reinsurance contract liabilities Held for sale liabilities Non-current liabilities due within one year Other current liabilities Total current liabilities Non-current liabilities: Insurance contract reserves Long-term borrowings Bonds payable Of which: Preferred shares Perpetual bonds Lease liabilities Long-term payables Long-term accrued employee compensation Provisions Deferred income Deferred tax liabilities Other non-current liabilities Total non-current liabilities Total liabilities Owner's equity: Share capital Other equity instruments Of which: Preferred shares Perpetual bonds Capital reserve Less: Treasury shares Other comprehensive income Special reserves Statutory surplus reserve General risk reserve Retained earnings Total equity attributable to shareholders of the parent company Minority interests Total owner's equity Total liabilities and owner's equity Legal Representative: Gao Yunfeng 1,119,432,886.77 625,260,864.20 16,033,064,686.26 2,351,907,161.73 186,403,059.88 5,540,211.81 175,657,635.30 64,325,800.28 25,073,266.22 2,808,907,135.22 18,841,971,821.48 1,029,603,408.00 6,228,877,939.04 -162,057,754.16 533,301,493.01 13,038,576,515.63 20,668,301,601.52 3,613,054,377.30 24,281,355,978.82 43,123,327,800.30 1,483,240,209.66 532,872,210.22 16,189,904,988.55 2,634,726,233.95 176,043,119.25 5,492,675.35 174,360,774.36 66,693,327.41 75,230,786.47 3,132,546,916.79 19,322,451,905.34 1,029,603,408.00 3,307,394,697.43 -271,776,604.52 533,301,493.01 12,684,509,021.10 17,283,032,015.02 1,642,972,885.56 18,926,004,900.58 38,248,456,805.92 Chief Accountant: He Junwei
28. Consolidated Income Statement Prepared by: Han's Laser Technology Industry Group Co., Ltd. Unit: RMB Item Current Period Prior Period I. Operating revenue Of which: Operating revenue Interest income Earned premiums Commissions and fees income II. Operating cost Of which: Operating cost Interest expense Commissions and fees expense Surrender value Net claims paid Provision for insurance contract liabilities Policyholder dividend expense Reinsurance expenses Taxes and surcharges Selling expenses General and administrative expenses Research and development expenses Financial expenses Of which: Interest expenses Add: Other income Interest income Investment income (loss, presented as "-") 5,134,891,511.85 5,134,891,511.85 4,680,656,127.17 3,388,237,057.20 2,943,580,546.79 2,943,580,546.79 2,955,930,628.47 2,002,921,094.62 31,339,639.49 32,047,191.58 348,552,113.54 285,958,252.67 362,210,518.69 252,975,881.84 507,619,904.11 409,463,537.11 42,696,894.14 -27,435,329.35 25,729,321.95 32,066,655.91 108,229,774.36 70,585,242.71 168,568,140.52 120,846,493.60 -18,932,962.38 -7,618,845.84 Of which: Investment income from associates and joint ventures -18,497,707.64 -6,076,287.78 Gains on disposal of financial assets measured at amortized cost Exchange gains or losses (loss, presented as "-") Net exposure hedging gains or losses (loss, presented as "-") Gains on changes in fair value (loss, presented as "-") Impairment losses on receivables (loss, presented as "-") Asset impairment losses (loss, presented as "-") Gains on disposal of assets (loss, presented as "-") III. Operating profit (loss, presented as "-") Add: Non-operating income Less: Non-operating expenses IV. Profit or loss before tax (loss, presented as "-") Less: Income tax expense V. Net profit (net loss, presented as "-") -100,201,319.20 -22,735,267.61 -18,296,169.86 661,012.90 463,298,819.05 8,290,146.04 5,602,307.77 465,986,657.32 29,466,987.03 436,519,670.29 89,429,419.20 18,479,081.47 -23,726,003.36 853,945.60 185,914,008.99 1,457,732.21 646,761.74 186,724,979.46 -5,287,625.99 192,012,605.45 (I) Classified by continuity of operations
29. Net profit from continuing operations (net loss, presented as "-") 436,519,670.29 192,012,605.45
30. Net profit from discontinued operations (net loss, presented as "-") (II) Classified by ownership attribution
31. Net profit attributable to shareholders of the parent company 354,067,494.53 163,470,377.43
32. Minority interests' net profit 82,452,175.76 28,542,228.02 VI. Net other comprehensive income 109,718,850.36 131,001,971.15 Net other comprehensive income attributable to shareholders of the parent company 109,718,850.36 131,001,971.15 (I) Other comprehensive income that cannot be reclassified to profit or loss 115,967,428.17 122,926,659.76
33. Changes in net defined benefit plan obligations
34. Other comprehensive income from equity method investments that cannot be reclassified to profit or loss
35. Changes in fair value of other equity instrument investments 115,967,428.17 122,926,659.76
36. Changes in fair value of corporate financial assets due to credit risk
37. Others (II) Other comprehensive income that can be reclassified to profit or loss -6,248,577.81 8,075,311.39
38. Other comprehensive income from equity method investments that can be reclassified to profit or loss
39. Changes in fair value of other debt investments
40. Amount of financial assets reclassified to other comprehensive income
41. Impairment losses on other debt investments
42. Cash flow hedging reserves
43. Translation differences from foreign currency financial statements
44. Others Net other comprehensive income attributable to minority shareholders VII. Total comprehensive income Total comprehensive income attributable to shareholders of the parent company Total comprehensive income attributable to minority shareholders VIII. Earnings per share: (I) Basic earnings per share (II) Diluted earnings per share If the Company underwent a business combination under common control, the net profit of the acquired entity before the combination was: RMB, and the net profit of the acquired entity in the prior period was: RMB. Legal Representative: Gao Yunfeng Chief Accountant: Zhou Huiqiang Accounting Department Head: He Junwei
45. Consolidated Cash Flow Statement Unit: RMB Item Current Period Prior Period I. Cash flows from operating activities: Cash received from sales of goods and rendering of services Net increase in customer deposits and interbank deposits Net increase in central bank lending Net increase in lending from other financial institutions Cash received from original insurance contracts Net cash received from reinsurance business Net increase in policyholder deposits and investments Cash received from interest, fees, and commissions Net increase in borrowed funds Net increase in repurchase agreements Cash received from agency trading securities Tax refunds received Other cash received relating to operating activities Total cash inflows from operating activities Cash paid for goods and services Net increase in customer loans and advances Net increase in deposits with central bank and interbank deposits Cash paid for claims on original insurance contracts Net increase in lent funds Cash paid for interest, fees, and commissions Cash paid for policyholder dividends Cash paid to and on behalf of employees Taxes and dues paid Other cash paid relating to operating activities Total cash outflows from operating activities Net cash flow from operating activities II. Cash flows from investing activities: Cash received from disposal of investments Cash received from investment income Cash received from disposal of fixed assets, intangible assets, and other long-term assets Cash received from disposal of subsidiaries and other business units Other cash received relating to investing activities Total cash inflows from investing activities Cash paid for construction of fixed assets, intangible assets, and other long-term assets 4,397,867,884.30 158,939,300.99 179,838,513.98 4,736,645,699.27 3,361,519,802.88 1,636,010,201.57 269,089,729.50 185,979,457.92 5,452,599,191.87 -715,953,492.60 255,532.04 400,000,000.00 400,255,532.04 238,053,864.42 2,982,359,271.51 49,329,877.05 140,910,363.43 3,172,599,511.99 2,051,462,628.94 1,366,667,040.03 161,920,294.31 249,534,935.28 3,829,584,898.56 -656,985,386.57 1,172,446.03 998,160,681.00 1,019,327,127.03 198,748,880.16 Cash paid for investments 77,307,142.18 20,000,000.00 Net increase in pledged loans Cash paid for acquisition of subsidiaries and other business units Other cash paid relating to investing activities Total cash outflows from investing activities Net cash flow from investing activities III. Cash flows from financing activities: Cash received from absorption of investments Of which: Cash received from minority shareholders' investment in subsidiaries Cash received from borrowings Other cash received relating to financing activities Total cash inflows from financing activities Repayment of debt Cash paid for dividends and profit distribution or interest payment Of which: Dividends paid to minority shareholders Other cash paid relating to financing activities Total cash outflows from financing activities Net cash flow from financing activities IV. Effect of exchange rate changes on cash and cash equivalents V. Net increase in cash and cash equivalents Add: Cash and cash equivalents at beginning of period VI. Cash and cash equivalents at end of period 315,361,006.60 218,748,880.16 84,894,525.44 800,578,246.87 4,817,777,500.76 10,500,000.00 4,817,777,500.76 10,500,000.00 602,642,312.94 2,793,931,830.69 2,880,000.00 5,420,419,813.70 2,807,311,830.69 1,444,368,015.58 984,193,000.01 21,861,588.28 30,040,908.98 33,434,148.95 267,060,330.51 1,499,663,752.81 1,281,294,239.50 3,920,756,060.89 1,526,017,591.19 -110,641,009.91 3,159,312.71 3,179,056,083.82 6,837,559,800.58 10,016,615,884.40 1,672,769,764.20 5,857,503,488.42 7,530,273,252.62 (II) Matters related to the first-time adoption of new accounting standards starting from 2026 and adjustments to financial statement items for the first-time adoption year □ Applicable □ Not Applicable (III) Audit Report Has the first quarter financial accounting report been audited? □ Yes ☑ No The Company's first quarter financial accounting report has not been audited. Han's Laser Technology Industry Group Co., Ltd. April 21, 2026