Section I: Important Notices, Table of Contents, and Definitions
The Board of Directors, the Board of Supervisors, and the senior management of the Company guarantee the authenticity, accuracy, and completeness of the contents of this semi-annual report, confirming that there are no false records, misleading statements, or material omissions, and they assume individual and joint legal liability.
Company head Hu Guanghui, the person in charge of accounting work Hu Guanghui, and the head of the accounting department (accounting supervisor) Wang Duo declare: We guarantee the authenticity, 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.
Forward-looking statements in this report, such as future plans and development strategies, do not constitute substantive commitments by the Company to investors. Investors and relevant parties should maintain sufficient risk awareness and understand the differences between plans, forecasts, and commitments. Investors are advised to be aware of investment risks.
The Company reminds investors to pay special attention to risks including the continued downturn in the real estate market served by the Company. The risks are analyzed in Section III "Management Discussion and Analysis" under "X. Risks Faced by the Company and Countermeasures." Investors are advised to pay attention to relevant content.
The Company does not plan to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital.
Table of Contents
Section I: Important Notices, 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: Changes in Shares and Shareholders 26
Section VII: Information on Bonds 31
Section VIII: Financial Report 32
List of Documents Available for Inspection
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The original copy of the 2026 semi-annual report signed by the Company's legal representative;
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Financial statements signed and sealed by the Company's head, the person in charge of accounting work, and the head of the accounting department;
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Originals of all documents and announcements publicly disclosed on the website designated by the CSRC during the reporting period;
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Other documents available for inspection.