2025 Annual Report

Important Notes, Directory, and Definitions

The Board of Directors and senior management of Zhongjing Food Co., Ltd. guarantee that the content of the annual report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibility. The person in charge of the company, Sun Feng, the head of accounting, Wang Heli, and the head of the accounting institution (accounting supervisor), Wang Heli, declare that they ensure the financial report in this annual report is true, accurate, and complete. All directors have attended the board meeting to review this report. The development strategies and future forward-looking statements mentioned in this report do not constitute substantial commitments to investors. Investors and related parties should maintain sufficient risk awareness and understand the differences between plans, forecasts, and commitments. The company describes potential risks and response measures in "Section 3 Management Discussion and Analysis," "11. Outlook for Future Development," "(3) Possible Risks and Response Measures," and investors are advised to review and pay attention to investment risks. The profit distribution plan approved by the board of directors is as follows: based on 146,000,000 shares, a cash dividend of 10 RMB (including tax) will be distributed for every 10 shares to all shareholders, with no bonus shares (including tax), and a capital reserve transfer of 0 shares for every 10 shares to all shareholders.

Directory

1. Important Notes, Directory, and Definitions ........................................................................................................1
2. Company Profile and Key Financial Indicators ....................................................................................................5
3. Management Discussion and Analysis ................................................................................................................8
4. Corporate Governance, Environment, and Society ............................................................................................31
5. Important Matters ..............................................................................................................................................49
6. Share Changes and Shareholder Information ..................................................................................................62
7. Bond-Related Information ................................................................................................................................68
8. Financial Report ................................................................................................................................................69

Documents for Reference

1. Financial statements signed and stamped by the person in charge of the company, the head of accounting, and the head of the accounting institution;
2. Original audit report stamped and signed by the accounting firm and registered accountant;
3. Originals of all company documents publicly disclosed during the reporting period and announcement drafts;
4. Original text of the 2025 Annual Report signed by the company's legal representative and stamped with the company seal;
5. Other relevant documents. The above reference documents are kept at the company's board office.

Definitions