2026 Semi-Annual Report

Songcheng Performance Development Co., Ltd.

2026 Semi-Annual Report

Announcement No.: 2026-038

Date: August 22, 2026

Section I Important Tips, Table of Contents, and Definitions

The Board of Directors, directors, 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 Shang Lingxia, the person in charge of accounting affairs Chen Shengmin, and the head of the accounting department (accounting supervisor) Zhu Shana declare: We guarantee the truth, accuracy, and completeness of the financial report 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 or performance forecasts, do not constitute any substantive commitments by the Company to investors and relevant parties. Investors and relevant parties should maintain sufficient risk awareness and understand the differences between plans, forecasts, and commitments.

Investors are advised to read the relevant content regarding risk warnings in "Section III Management Discussion and Analysis" under "X. Risks and Countermeasures Faced by the Company," and are requested to pay attention to investment risks.

The Company plans not to distribute cash dividends, not to issue bonus shares, and not to convert capital reserves into share capital.

Table of Contents

Section I Important Tips, Table of Contents, and Definitions 2

Section II Company Profile and Key Financial Indicators 6

Section III Management Discussion and Analysis 9

Section IV Corporate Governance, Environment, and Society 19

Section V Important Matters 21

Section VI Share Changes and Shareholder Situation 27

Section VII Bond-Related Matters 33

Section VIII Financial Report 34

List of Documents Available for Inspection

1. The original copy of the 2026 semi-annual report signed by the Company's legal representative;

2. Financial statements signed and stamped by the Company's legal representative, the person in charge of accounting affairs, and the head of the accounting department;

3. The originals of all documents and announcements publicly disclosed on the website designated by the CSRC during the reporting period;

4. Other relevant documents.

Place for inspection of the above documents: Company Securities Department.

Definitions

Section II Company Profile and Key Financial Indicators

I. Company Profile