南玻Ｂ：2025年半年度报告

SEMI-ANNUALREPORT2025 ChairmanoftheBoard:CHENLIN August2025 SectionI.ImportantNotice,ContentandParaphrase BoardofDirectorsandtheSupervisoryCommitteeofCSGHoldingCo.,Ltd.(hereinafterreferredtoastheCompany)anditsdirectors,supervisorsandseniorexecutivesherebyconfirmthattherearenoanyfictitiousstatements,misleadingstatements,orimportantomissionscarriedinthisreport,andshalltakeallresponsibilities,individualandjoint,forthefacticity,accuracyandcompletenessofthewholecontents. Ms.ChenLin,personinchargeoftheCompany,Ms.WangWenxin,responsiblepersoninchargeofaccountingandMs.WangWenxin,principalofthefinancialdepartment(accountingofficer)confirmthattheFinancialReportenclosedinthesemi-annualreportoftheCompanyistrue,accurateandcomplete. AlldirectorswerepresentatthemeetingoftheBoardfordeliberatingthesemi-annualreportoftheCompanyinperson. Thefutureplansandotherforward-lookingstatementsmentionedinthisreportdonotconstituteamaterialcommitment of the Company to investors.Investors and relevant parties should payattentionto investment risks,and understand the differences between plans,forecasts andcommitments. TheCompany has described the risk factors and countermeasures of the Company's futuredevelopmentindetail in this report.Please refer to Section III.Management Discussion andAnalysis. TheCompanyisrequiredtocomplywiththedisclosurerequirementsof"Non-metallicBuildingMaterialsRelated Business"in the"Self-regulatory Guidelines for Listed Companies on theShenzhenStockExchangeNo.3-IndustryInformationDisclosure. TheCompanyhasnoplansofcashdividenddistribution,bonussharesbeingsentorconvertingcapitalreserveintosharecapital. ThisreportispreparedbothinChineseandEnglish.ShouldtherebeanyinconsistencybetweentheChineseandEnglishversions,theChineseversionshallprevail. Content SectionI.ImportantNotice,ContentandParaphrase..........................................................................1SectionII.CompanyProfile&FinancialHighlights...........................................................................5SectionIII.ManagementDiscussionandAnalysis..............................................................................8SectionIV.CorporateGovernance,EnvironmentandSociety..........................................................28SectionV.ImportantEvents..............................................................................................................32SectionVI.ChangesinSharesandParticularsaboutShareholders..................................................56SectionVII.Bonds.............................................................................................................................62SectionVIII.FinancialReport...........................................................................................................64SectionIX.OtherReportedInformation..........................................................................................157 DocumentsavailableforReference I.TextofthefinancialreportcarryingthesignaturesandsealsofthepersoninchargeoftheCompany,theresponsibleperson incharge ofaccountingandtheprincipal ofthefinancialdepartment(accountingofficer). II.AlltextsoftheCompany’sdocumentsandoriginalpublicnoticesdisclosedinthepapersappointedbyCSRCinthereportperiod. Paraphrase SectionII.CompanyProfile&FinancialHighlights I.CompanyProfile II.Person/Waytocontact III.Otherinformation 1.Wayofcontact Whetherregisteredaddress,officeaddressandtheirpostalcodes,websiteaddressandemailaddressoftheCompanychangedinthereportperiodornot □Applicable√Notapplicable Theregisteredaddress,officeaddressandtheirpostalcodes,websiteaddressandemailaddressoftheCompanydidnotchangeinthereportperiod.MoredetailscanbefoundinAnnualReport2024. 2.Informationdisclosureandpreparationplace Whetherinformationdisclosureandpreparationplacechangedinthereportperiodornot Thenewspapers designated by the Company for information disclosure,the website designated by CSRC fordisclosingsemi-annualreportandpreparationplaceofsemi-annualreportdidnotchangeinthereportperiod.MoredetailscanbefoundinAnnualReport2024. 3.Otherrelevantinformation Whetherotherrelevantinformationchangedinthereportperiodornot □Applicable√Notapplicable IV.Mainaccountingdataandfinancialindexes Whetherithasretroactiveadjustmentorre-statementonpreviousaccountingdata V.Differenceofaccountingdataunderdomesticandoverseasaccountingstandards 1.DifferencesofthenetprofitandnetassetsdisclosedinfinancialreportpreparedunderinternationalandChineseaccountingstandards □Applicable√NotapplicableNosuchdifferencesinthereportperiod. 2.DifferenceofthenetprofitandnetassetsdisclosedinfinancialreportpreparedunderoverseasandChineseaccountingstandards □Applicable√NotapplicableNosuchdifferencesinthereportingperiod. VI.Itemsandamountsofnon-recurringgainsandlosses √Applicable□Notapplicable Unit:RMB Itdidnotexistthatotherprofitandlossitemsmetthedefinitionofnon-recurringgainsandlosses. Explanationofthenon-recurringgainsandlosseslistedintheExplanatoryAnnouncementNo.1onInformatio