2026 Semi-Annual Report
[Chart: Company Logo]
August 2026
Section I: Important Tips, 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.
The person in charge of the company, Du Jianjun, the person in charge of accounting work, Mao Song, and the person in charge of the accounting department (accounting supervisor), Mao Song, declare: 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.
The company has described in detail the risks and countermeasures that the company may face in its operations in the section "X. Risks and Countermeasures Faced by the Company" in Section III "Management Discussion and Analysis" of this report. Investors are advised to pay attention to the relevant content.
The company plans not to distribute cash dividends, not to send 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 26
Section V: Important Matters 28
Section VI: Changes in Shares and Shareholders 36
Section VII: Bond-Related Matters 40
Section VIII: Financial Report 41
List of Documents for Inspection
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The original 2026 semi-annual report signed by the company's legal representative.
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Financial statements signed and stamped by the company's legal representative, the person in charge of accounting work, and the person in charge of the accounting department (accounting supervisor).
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The originals of all company documents and announcements publicly disclosed on the website designated by the CSRC during the reporting period.
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Other relevant materials.
The place for inspection of the above documents: The Company's Board Office.