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2026 Semi-Annual Report

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Yantai Jereh Oilfield Services Group Co., Ltd. has released its 2026 semi-annual report. The company announced a profit distribution plan of 1.5 RMB (including tax) per 10 shares based on a total share capital of 1,020,234,677 shares. The report outlines key operational risks, including fluctuations in oil and gas prices, international business challenges, and industry transformation risks.

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Yantai Jereh Oilfield Services Group Co., Ltd. 2026 Semi-Annual Report

August 2026

Section I Important Notices, Table of Contents and Definitions

The Board of Directors, the Board of Supervisors, and the directors, supervisors, and senior management of the Company guarantee that the information in this semi-annual report is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions, and they assume individual and joint legal liability.

Company head Li Zhiyong, the person in charge of accounting affairs Cui Lingling, and the head of the accounting department (accounting supervisor) Pang Lei declare: We guarantee the truth, accuracy, and completeness of the financial reports in this semi-annual report.

All directors have attended the board meeting to review this semi-annual report.

Any forward-looking statements in this report, such as future plans, involve uncertainties regarding their realization and do not constitute a substantive commitment by the Company to investors. Investors and relevant parties should maintain sufficient risk awareness and understand the differences between plans, forecasts, and commitments.

  1. Risk of intensified fluctuations in crude oil and natural gas prices;

  2. Risk of intensified market competition and collection of receivables;

  3. Risk of low-carbon energy transition to industry development;

  4. International business operation risks;

  5. Exchange rate risks;

  6. Risk of failure in partial industrial transformation of the Company.

For details, please refer to the relevant explanations in "Section III, X. Risks Faced by the Company and Countermeasures" in this report. Investors are advised to pay attention to investment risks.

The profit distribution plan approved by the Board of Directors is as follows: Based on the Company's latest total share capital of 1,023,855,833 shares, excluding 3,621,156 shares held in the Company's dedicated securities repurchase account, the base for distribution is 1,020,234,677 shares. A cash dividend of 1.5 RMB (including tax) per 10 shares will be distributed to all shareholders. No bonus shares will be issued, and no capital reserve will be converted into share capital.

Table of Contents

Section II Company Profile and Key Financial Indicators

Section III Management Discussion and Analysis

Section IV Corporate Governance, Environment and Society

Section V Important Matters

Section VI Changes in Shares and Shareholders

Section VII Information Related to Bonds

Section VIII Financial Report

List of Documents for Inspection

  1. Financial statements signed and sealed by the Company's head, the person in charge of accounting affairs, and the head of the accounting department (accounting supervisor).

  2. Originals of all company documents and public announcements disclosed during the reporting period.

Definitions

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