苏常柴Ｂ：2025年三季度报告（英文版）

CHANGCHAICOMPANY,LIMITED QuarterlyReportfortheThirdQuarterEnded30September2025 Thecompanyandallmembersoftheboardofdirectorsguaranteethattheinformationdisclosedistrue,accurate,andcomplete,withoutfalserecords,misleadingstatements,orsignificantomissions. ImportantNotes: 1.TheBoardofDirectors,theBoardofSupervisors,aswellasalldirectors,supervisorsandseniormanagementmembersguaranteethetruthfulness,accuracyandcompletenessofthequarterlyreport,andaffirmthattherearenofalserecords,misleadingstatementsormaterialomissions,andassumeindividualandjointlegalliabilities. 2.TheprincipaloftheCompany,thepersoninchargeofaccountingwork,andtheheadoftheaccountingfunction(theaccountantincharge)herebydeclare:weguaranteethetruthfulness,accuracyandcompletenessofthefinancialinformationinthequarterlyreport. 3.Whetherthequarterlyfinancialreportisaudited. □Yes☑No I.KeyFinancialInformation 1.MajorAccountingDataandFinancialIndicators WhethertheCompanyNeedstoRetrospectivelyAdjustorRestatePriorYears'AccountingData□Yes☑No 2.ExceptionalGainsandLosses ☑Applicable□Notapplicable Unit:RMB □Applicable☑Notapplicable NosuchcasesfortheReportingPeriod. ExplanationofwhytheCompanyreclassifiesasrecurrentanexceptionalgain/lossitemlistedintheExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic—ExceptionalGain/LossItems: □Applicable☑Notapplicable NosuchcasesfortheReportingPeriod. 3.Thesituationandreasonsforchangesinmajoraccountingdataandfinancialindicators ☑Applicable□Notapplicable II.ShareholderInformation 1.TableofOrdinaryShareholdersandShareholderswithRestoredVotingRightsofPreferredShares,andShareholdingDetailsoftheTop10Shareholders Unit:share Sharelendingthroughthesecuritieslendingprogrambyshareholdersholdingmorethan5%ofshares,top10shareholders,andtop10unrestrictedtradableshareholders □Applicable☑Notapplicable Changesinthetop10shareholdersandtop10unrestrictedtradableshareholderscomparedtothepriorperiodduetosharelending/returningactivitiesunderthesecuritieslendingprogram □Applicable☑Notapplicable 2.TableofTotalNumberofPreferredShareholdersandShareholdingStatusoftheTop10PreferredShareholdersintheCompany □Applicable☑Notapplicable III.Otherimportantmatters ☑Applicable□Notapplicable 1.ExpropriationandCompensationforPartialPremises(Street-LevelCommercialProperties)atCompanyHeadquarters OnFebruary26,2025,theCompanyreceivedthe"AnnouncementonPublishingthe'ExpropriationandCompensationPlanforthePremisesoftheWestHengjieStationProjectofChangzhouUrbanRailTransitLine5'forSolicitingPublicComments"issuedbytheChangzhouZhonglouDistrictPeople'sGovernment.Duetopublicinterestneeds,theChangzhouZhonglouDistrictPeople'sGovernmentproposedtoexpropriatecertain premiseslocated at No.123 Huaide Middle Road,Changzhou(specifically,the street-level commercialpropertiesattheCompany'sheadquarters).OnJuly21,2025,theCompanyconvenedtheFourthAdHocMeetingoftheBoardofDirectorsin2025andtheThirdAdHocMeetingoftheBoardofSupervisorsin2025,whichreviewedandapprovedthe"ProposalonSigningthe'ExpropriationandCompensationAgreementforState-OwnedLandPremisesinChangzhou'fortheStreet-LevelCommercialPropertiesattheHeadquarters".ThismatterwasfurtherreviewedandapprovedattheSecondInterimShareholders'Meetingin2025onAugust6,2025,authorizingtheCompanytosignthecompensationagreementwiththeZhonglouDistrictHousingandUrban-RuralDevelopmentBureau.ThetotalagreedcompensationamountisRMB48.7877million.OnAugust7,2025,theCompanysignedthe"ExpropriationandCompensationAgreementforState-OwnedLandPremisesinChangzhou"withtheChangzhouZhonglouDistrictHousingandUrban-RuralDevelopmentBureau.TheCompanyreceivedthefirstcompensationpaymenttotalingRMB14.6363millioninSeptember2025. 2.ExpropriationandCompensationfortheCompany'sFoundryPlant OnMarch6,2025,theCompanyreceivedtheExpropriationDecisionforState-OwnedLandandBuildings(ChangXinZheng[2025]No.1)issuedbythePeople'sGovernmentofXinbeiDistrict,Changzhou.Duetopublicinterestrequirementsforurbanredevelopment,theXinbeiDistrictGovernmentdecidedtoexpropriatebuildingswithinthescopeoftheSanjingSubdistrictFoundryPlantandsurroundingareaurbanrenewalproject(PhaseI).OnMay8,2025,theCompanyconvenedtheSecondInterimBoardMeetingandSecondInterimSupervisoryCommitteeMeetingof2025,approvingtheProposalonSigningtheExpropriationCompensationAgreementforNon-ResidentialBuildingsinXinbeiDistrict,Changzhou.ThematterwasfurtherapprovedattheFirst Interim Shareholders'Meeting of 2025 on May 26,2025,authorizing the Company to sign acompensationagreementwiththeXinbeiDistrictHousingandUrban-RuralDevelopmentBureauandSanjingSubdistrict,withatotalcompensationamountofRMB346.8569million.ThefinalsigningoftheexpropriationagreementispendingcompletionofapprovalproceduresbytheXinbeiDistrictHousingandUrban-RuralDevelopmentBureauandtheSanjingSubdistrictExpropriationandCompensationServiceCenter. 3.MergerofChangniuCompanywithChangchaiBenniu OnJune9,2025,theCompanyconvenedtheThirdAdHocMeetingoftheBoardofDirectorsin2025,whichreviewedandapprovedthe"ProposalontheMergerof