2026InterimReport 2026-039 [August26,2026] SectionIImportantNotes,TableofContentsand Interpretations TheBoardofDirectors,thedirectors,andtheexecutivesoftheCompanyguaranteethattherearenosignificantomissions,fictitiousormisleadingstatementscarriedintheReportandwewillacceptindividualandjointresponsibilitiesforthetruthfulness,accuracyandcompletenessoftheReport. PrincipalCHENMing,ChiefFinanceOfficerWANGJianfeiandChiefAccountant(accountingofficer)ZHOUHongpudeclarethattheyguaranteetheauthenticity,accuracyandcompletenessofthefinancialreportintheSemi-annualReport. AlldirectorsattendedtheboardmeetingatwhichthisSemi-annualReportwasconsidered. SomeofthedescriptionsintheCompany'ssemi-annualreportrelatingtofuturebusinessplansorbusinessworkarrangementsaresubjecttovariousfactorsanddonotconstituteasubstantialcommitmentbytheCompanytoinvestors.Investorsandrelatedpersonsshouldmaintainsufficientriskawarenessandunderstandthedifferencesbetweenplans,forecastsandcommitments. TheCompanyplansnottodistributecashdividends,issuebonusshares,orincreasesharecapitalthroughcapitalizationofreserves. TableofContents SectionIImportantNotes,TableofContentsandInterpretations............2SectionIICompanyProfileandMajorFinancialIndicators........................6SectionIIIManagement'sDiscussionandAnalysis.....................................9SectionIVCorporateGovernance,EnvironmentandSociety.................23SectionVSignificantEvents..........................................................................24SectionVI.ShareChangesandShareholderInformation........................35SectionVIIBonds.............................................................................................42SectionVIIIFinancialStatements.................................................................43 ListofReferenceDocuments 1.ThefinancialstatementswiththepersonalsignaturesandstampsoftheCompany’slegalrepresentative,ChiefFinancialOfficerandheadofthefinancialdepartment. 2.TheoriginalsofallthedocumentsandannouncementsdisclosedbytheCompanyonthedesignatedinformationdisclosuremediaduringtheReportingPeriod. Interpretations SectionIICompanyProfileandMajorFinancialIndicators I.CompanyProfile II.Contactinformation III.OtherInformation 1.Companycontactinformation WhethertheCompany'sregisteredaddress,officeaddressandtheirpostalcodes,Companywebsite,emailaddress,etc.changedduringthereportingperiod □ApplicableNotapplicable TheCompany'sregisteredaddress,officeaddressandtheirpostalcodes,Companywebsite,emailaddress,etc.didnotchangeduringthereportingperiod.Pleaserefertothe2025AnnualReportfordetails. 2.Informationdisclosureandstoragelocation Whethertheinformationdisclosureandstoragelocationchangedduringthereportingperiod □ApplicableNotapplicable ThestockexchangewebsiteandmedianamesandwebsiteswheretheCompanydisclosesitssemi-annualreport,andthestoragelocationoftheCompany'ssemi-annualreportdidnotchangeduringthereportingperiod.Pleaserefertothe2025AnnualReportfordetails. 3.Otherrelatedinformation Whetherotherrelatedinformationchangedduringthereportingperiod□ApplicableNotapplicable IV.KeyAccountingDataandFinancialIndicators WhethertheCompanyneedstoretroactivelyadjustorrestatetheaccountingdataofpreviousyears ☐YesNo V.DifferencesBetweenAccountingDataUnderDomesticandForeignAccountingStandards 1.DifferencesinnetprofitandnetassetsinthefinancialreportsdisclosedinaccordancewiththeinternationalaccountingstandardsandtheChineseaccountingstandards □ApplicableNotapplicable DuringthereportingperiodoftheCompany,therewasnodifferenceinnetprofitsandnetassetsinfinancialreportsdisclosedinaccordancewithinternationalaccountingstandardsandChineseaccountingstandards 2.DifferencesinnetprofitandnetassetsinfinancialreportsdisclosedinaccordancewithboththeinternationalaccountingstandardsandChineseaccountingstandards □ApplicableNotapplicable DuringthereportingperiodoftheCompany,therewasnodifferenceinnetprofitsandnetassetsinfinancialreportsdisclosedinaccordancewiththeinternationalaccountingstandardsandChineseaccountingstandards VI.Non-recurringProfitorLossItemsandAmounts ☑Applicable☐Notapplicable Unit:RMB Specificcircumstancesofotherprofitorlossitemsthatmeetthedefinitionofnon-recurringprofitorloss: □ApplicableNotapplicable TheCompanyhadnospecificprofitorlossitemsthatmeetthedefinitionofnon-recurringprofitorloss. Notesonthedefinitionofthenon-recurringprofitorlossitemslistedinthe"InterpretiveAnnouncementNo.1onInformationDisclosureofCompaniesIssuingSecuritiestothePublic-Non-recurringProfitorLoss"asrecurringprofitorlossitems ☑Applicable☐Notapplicable SectionIIIManagement'sDiscussionandAnalysis I.MainbusinessengagedinbytheCompanyduringthereportingperiod (I)Industrydevelopmentduringreportingperiod OnJuly15,theofficialwebsiteoftheNationalBureauofStatisticsreleasedthenationaleconomicperformanceforthefirsthalfof2026.Inthefirsthalfoftheyear,China'seconomywithstoodpressureandoperatedwithinareasonablerange,withproductionandsupplygrowingrelativelyfast,employmentgenerallystab