Jingliang B: 2021年第一季度报告（英文版）

HAINAN JINGLIANG HOLDINGS CO., LTD. FIRST QUARTERLY REPORT 2021 (SUMMARY) Part I Important Notes The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors,supervisors and senior management of Hainan Jingliang Holdings Co., Ltd. (hereinafterreferred to as the “Company”) hereby guarantee the factuality, accuracy and completeness of All the Company’s directors have attended the Board meeting forthe review of this Report LiShaoling, the Company’s legal representative, Guan Ying, the Company’s head forfinancial affairs, and Liu Quanli, head of the Company’s financial department (equivalent to This Report and its summary have been prepared in both Chinese and English. Should therebe any discrepancies or misunderstandings between the two versions, the Chinese versions Part II Key Corporate Information I Key Financial Information Indicate by tick mark whether there is any retrospectively restated datum in the table below. Exceptional gains and losses: √Applicable□Not applicable Unit: RMB □Applicable√Not applicable No such cases for the Reporting Period. II Total Number of Shareholders and Holdings of Top 10 Shareholders at 31 March 2021 1. Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed Voting Rights as well as Indicate by tick mark whether any of the top 10 ordinary shareholders or the top 10 unrestricted ordinaryshareholders of the Company conducted any promissory repo during the Reporting Period. □Yes√No No such cases in the Reporting Period. 2. Number of Preferred Shareholders and Shareholdings of Top 10 of Them □Applicable√Not applicable Part III Significant Events I Changes in Key Financial Statement Line Items and Explanation of why √Applicable□Not applicable1. Monetary assets increased primarily driven by an increase in sales revenue received in the oils business in the 2. Held-for-trading financial assets increased primarily driven by the purchase of wealth management products 3. Derivative financial liabilities decreased primarily driven by changes in the fair value of hedge instruments in 4. Total revenues increased primarily driven by rising product prices and unit sales in the Current Period. 5. R&D expense increased primarily driven the cost rising by more new product development projects in the 6. Finance costs decreased primarily driven by decreases in exchange losses and interest expense in the Current 7. Other income increased primarily driven by an increase in VAT rebates in the Current Period. 8. Gain on fair value changes increased primarily driven by changes in the value of futures contracts in the current 9. Net cash generated from investing activities decreased primarily driven by an increase in investments in wealth 10. Net cash generated from financing activities decreased primarily driven by a decrease in new borrowings in II Progress, Influence and Solutions with regard to Significant Events Progress of any share repurchases: □Applicable√Not applicable III Commitments that the Company’s Actual Controller, Shareholders, Related Parties, □Applicable√Not applicableNo such cases in the Reporting Period. IV Financial Investments 1. Securities Investments √Applicable□Not applicable 2. Investments in Derivative Financial Instruments √Applicable□Not applicable V Progress of Projects Financed with Raised Funds □Applicable√Not applicable VI Operating Performance Forecast for January-June 2021 Warning of a forecast loss on or a forecast significant year-on-year change in the accumulative net profit from the □Applicable√Not applicable VII Significant Contracts Arising from the Company’s Ordinary Course of Business □Applicable√Not applicable VIII Cash Entrusted for Wealth Management √Applicable□Not applicable Unit: RMB’0,000 □Applicable√Not applicableWealth management transactions with possible impairments including an expectedly unrecoverable principal:□Applicable√Not applicable IX Irregularities in the Provision of Guarantees □Applicable√Not applicableNo such cases in the Reporting Period. X Occupation of the Company’s Capital by the Controlling Shareholder or any of Its Related □Applicable√Not applicableNo such cases in the Reporting Period. XI Communications with the Investment Community such as Researches, Inquiries and □Applicable√Not applicableNo such cases in the Reporting Period. 28 April 2021