CONTENTS 2Corporate Information5Management Discussion and Analysis16Corporate Governance and Other Information25Report on Review of Interim Financial Report27Consolidated Statement of Profit or Loss 28Consolidated Statement of Profit or Loss andOther Comprehensive Income29Consolidated Statement of Financial Position31Consolidated Statement of Changes in Equity33Condensed Consolidated Cash Flow Statement34Notes to the Unaudited Interim Financial Report CORPORATE INFORMATION EXECUTIVE DIRECTORS Mr. Yang XinweiMr. Zhou Jian(Chief Executive Officer) NON-EXECUTIVE DIRECTORS Mr. Yu Huijiao(Chairman)Mr. Pan ShuimiaoMs. Wang LixiuMr. Su Xiufeng INDEPENDENT NON-EXECUTIVE DIRECTORS Mr. Li DonghuiMr. Xu JunminMr. Chung Kwok Mo John COMPANY SECRETARY HKICPAFCCA Ms. Wong Pui Wah,HKICPA (non-practising), FCCA AUTHORISED REPRESENTATIVES(for the purpose of the Listing Rules) Mr. Zhou JianMs. Wong Pui Wah AUTHORISED REPRESENTATIVE(for the purpose of the Companies Ordinance)Ms. Wong Pui Wah AUDIT COMMITTEE Mr. Chung Kwok Mo John(Chairman)Mr. Li DonghuiMs. Wang Lixiu REMUNERATION COMMITTEE Mr. Xu Junmin(Chairman)Mr. Yu HuijiaoMr. Chung Kwok Mo John NOMINATION COMMITTEE Mr. Xu Junmin(Chairman)(Re-designated on 23 June 2025)Mr. Li DonghuiMs. Wang Lixiu(Appointed on 23 June 2025)Mr. Yu Huijiao(Ceased to be Chairman and member of the committeeon 23 June 2025) CORPORATE GOVERNANCE COMMITTEE Mr. Pan Shuimiao(Chairman)Mr. Li DonghuiMr. Xu JunminMr. Chung Kwok Mo John REGISTERED OFFICE Vistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand Cayman, KY1-1205Cayman Islands Vistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand Cayman, KY1-1205Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 39222208 Suite 2208, 22nd FloorOffice Tower, Skyline Tower39 Wang Kwong RoadKowloon BayHong Kong COMPANY’S LEGAL ADVISER AS TOHONG KONG LAW Chiu & Partners CORPORATE INFORMATION PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN CAYMAN ISLANDS Vistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand Cayman, KY1-1205Cayman Islands Vistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand Cayman, KY1-1205Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKER 1 The Hongkong and Shanghai Banking Corporation LimitedHSBC Main Building1 Queen’s Road CentralHong Kong AUDITOR KPMG(Public Interest Entity Auditor registered in accordance withthe Accounting and Financial Reporting Council Ordinance) COMPANY’S WEBSITE www.ytoglobal.com www.ytoglobal.com STOCK CODE 6123 6123 MANAGEMENT D I SCUSSION A ND A NALYSIS BUSINESS REVIEW The board (the “Board”) of directors (the “Directors”) of YTOInternational Express and Supply Chain Technology Limited(the “Company”) announcesthe unaudited consolidated interim results of the Company andits subsidiaries (the “Group”) for the six months ended 30 June2025 (the “Reporting Period”). The relevant financial figures forthe six months ended 30 June 2024 (the “1H2024”) or otherdates/periods are also set out in this report for comparativepurposes. 6150 Duringthe Reporting Period,the Company persisted inthoroughlyexecuting its international development strategy.Adheringto the development trend of“going global withthe Belt and Road Initiative, going global with cross-bordere-commerce,and going global with Chinese people andChineseenterprises”, it has steadily built a globallogistics network of “China Connects the World and the WorldConnectsthe World”,and hasgraduallyexpanded its international network coverage andmarket presence through means such as self-construction andself-operationandstrategic cooperations,therebyrapidly improving the Company’s global network coverage. Asof the end of the Reporting Period, the Company’s internationalbusiness service network covered more than 150 countries andregions in six continents. Leveraging resources such as air capacity and airline networks,theCompany focused on specialising in premium routesconnectingthe People’s Republic of China(“China”)andother countries such as Japan, Australia and the Republic ofKazakhstan(“Kazakhstan”),and further expanded full-chainexpressand courier services for routes to Kazakhstan andother Central Asian countries. It also continued to establishbusiness presence in the Middle East, East Europe, Africa, andother regions. With a focus on key markets and customers,theCompany has been exploring the construction andexpansion plans for express and courier networks in emergingmarkets, thereby establishing its distribution capabilities in localareas.In addition,the Company continuously optimised itsinternational product system to expand its overseas customerbase,and extended the international logistics service chain,gradually covering one-stop services