Semi-Annual Report2025 August2025 Section I. Important Notice, Contents and Interpretation Board of Directors, SupervisoryCommittee, all directors, supervisors and senior executives of ShenzhenChina Bicycle Company (Holdings) Limited(hereinafter referred to as the Company) hereby confirm thatthere are no any fictitious statements, misleading statements, or important omissions carried in this report,and shall take all responsibilities, individual and/or joint, for the reality, accuracy and completion of thewhole contents. Wang Shenghong, Principal of the Company, Sun Longlong, person in charge of accounting works andSheHanxing, person in charge of accounting organ (accounting principal) hereby confirm that the FinancialReport of 2025Semi-Annual Report is authentic, accurate and complete.All directors are attended the Board Meeting for report deliberation. The Companyplans not to distribute cash dividends, not to send bonus shares, and no reserve Capitalizing. Contents Section I Important Notice, Contents and InterpretationSection II CompanyProfile and Main Financial IndexesSection III Management Discussion and AnalysisSection IV Corporate Governance,Environmentaland Social ResponsibilitySection VImportan EventsSection VI Changes in Shares and Particular About ShareholdersSection VII Corporate BondsSection VIII Financial ReportSection IXOtherSubmitted Date Documents Available for Reference 1. Accounting statement carrying the signatures and seals of the legal representative, person in charge ofaccounting and person in charge of accountingorgan. 2.Originals documents of the Company and manuscripts of public notices that disclosed in the newspaperdesignated by CSRCduringthe reportingperiod. 3. English version of the Semi-Annual Report 2025 Interpretation Section II Company Profile and Main Financial Indexes I. Company Profile II. Person/Way to contact III. Other 1. Way of contact Whether registrations address, offices address and codes as well as website and email of the Company changed inreporting period or not □ Applicable √ Not applicable Registrations address, offices address and codes as well as website and email of theCompany has no changein reporting period, found more details in annual report 2024. 2. Information inquiry Whether information disclosure and preparation place changed in reporting period or not □ Applicable √ Not applicable None of the official presses, website, and place of enquiry has been changed in the semi report period. Fordetails please find the Annual Report 2024. 3. Other relevant information Did any change occur to other relevant information during the reporting period?□ Applicable √ Not applicable IV. Main accounting data and financial indexes Whether it has retroactive adjustment or re-statement on previous accounting data or not □YesNo V. Difference of the accounting data under accounting rules in and out of China 1. Difference of the net profit and net assets disclosed in financial report, under both IAS (InternationalAccounting Standards) and Chinese GAAP (Generally Accepted Accounting Principles) □ApplicableNot applicable The Company had no difference of thenet profit or net assets disclosed in financial report, under either IAS(International Accounting Standards) or Chinese GAAP (Generally Accepted Accounting Principles) in the period. 2. Difference of the net profit and net assets disclosed in financial report, under both foreign accountingrules and Chinese GAAP (Generally Accepted Accounting Principles) □ApplicableNot applicable The Company had no difference of the net profit or net assets disclosed in financial report, under either foreignaccounting rules or Chinese GAAP (Generally Accepted Accounting Principles) in the period. VI. Items and amounts of extraordinary profit (gains)/loss Applicable□Not applicable In RMB The Company does not haveother gains/losses items that conform to the definition of non-recurring gains/lossesInformation on the definition of non-recurring profit(gain)/loss that listed in theQ&A Announcement No.1 onInformation Disclosure for Companies Offering Their Securities to the Public---Extraordinary(non-recurring)Profit(gain)/lossas the recurringprofit(gain)/loss □ApplicableNot applicable The Company does not have any non-recurring profit(gain)/loss listed under theQ&A Announcement No.1 onInformation Disclosure for Companies Offering Their Securities to the Public---Extraordinary(non-recurring)Profit(gain)/lossdefined as recurringprofit(gain)/loss Section III Management Discussion and Analysis I. Main business of the Company during the reporting period Main business of the Company during the reporting period including jewelry goldbusiness, bicycle and newenergy lithium battery materials: (1)The gold jewelry business-the company connected with downstream goldjewelry brands, purchased gold and diamonds according to their product needs, and then commissioned goldjewelry processing plants for processing