SemiannualReportof2026 [August26,2026] SectionI ImportantInformation,Contents,andDefinitions TheCompany'sBoardofDirectorsandthedirectorsandofficersensurethatthecontentofthesemiannualreportistrue,accurate,andcompletewithoutanyfalserecord,misleadingstatement,orsignificantomissionandbearindividualandjointandseverallegalliability. WangHuan,theprincipaloftheCompany,FuChuanhai,thepersoninchargeofaccounting,andLeiLixin,thepersoninchargeoftheaccountingbody(accountingsupervisor),declarethatthefinancialreportinthissemiannualreportistrue,accurate,andcomplete. AlldirectorsattendedtheBoardmeetingatwhichthissemiannualreportwasconsidered. TheCompanydescribespotentialrisksinitsoperationsandcountermeasuresin"X.Risksfacedbythecompanyandcountermeasures"inSectionIII,"TheManagement'sDiscussionandAnalysis."Investorsareremindedtopayattentiontotherelevantcontent. ThisreportispreparedinChineseandEnglish.WheretheChineseandEnglishtextsareinterpretedindifferentways,theChinesetextshallprevail. Duringthereportingperiod,thereisnosignificantriskthathasasubstantialimpactontheproductionandbusinessoperationofthecompany.Investorsarerequestedtopayattentionandreaditcarefully. TheCompanyplansnottodistributecashdividends,nottodistributebonusshares,andnottoconvertreservesintosharecapital. Contents SectionI ImportantInformation,Contents,andDefinitions...............................................................................2SectionIICompanyIntroductionandKeyFinancialIndicators.........................................................................6SectionIII TheManagement’sDiscussionandAnalysis......................................................................................9SectionIVCorporateGovernance,Environmental,andSocial.........................................................................19SectionV ImportantMatters.................................................................................................................................20SectionVIChangesinSharesandInformationonShareholders......................................................................26SectionVIIBonds.....................................................................................................................................................31SectionVIIIFinancialReport.................................................................................................................................32 ListofDocumentsforReference (I)FinancialstatementswiththesignaturesoftheprincipaloftheCompany,thepersoninchargeofaccounting,andthepersoninchargeoftheaccountingbodyandaffixedwiththeCompany’sseal. (II)TheoriginalsofallcorporatedocumentsandthemanuscriptsofallannouncementsdisclosedduringtheReportingPeriod. (III)Thetextofthecompany's2026semi-annualreportcontainingthesignatureofthecompany'sresponsibleperson. Definitions SectionIICompanyIntroductionandKeyFinancialIndicators I.Company’sInformation II.ContactPersonandContactInformation III.Otherinformation 1.Contactinformationofthecompany Hastheregisteredaddress,officeaddress,postalcode,website,emailaddress,etc.ofthecompanychangedduringthereportingperiod □ApplicableNotapplicable TheCompany'sregisteredaddressandofficeaddress,aswellasitspostalcode,website,andemailaddressremainedunchangedduringthereportingperiod.Fordetails,pleaserefertothe2025AnnualReport. 2.Informationdisclosureandpreparationlocation Hastheinformationdisclosureandpreparationlocationchangedduringthereportingperiod □ApplicableNotapplicable Thewebsiteandmedianameandwebsiteofthestockexchangewherethecompanydisclosesitssemi-annualreport,andthepreparationlocationofthecompany'ssemi-annualreportremainunchangedduringthereportingperiod,asdetailedinthe2025annualreport. 3.Otherrelevantinformation Hastheinformationdisclosureandpreparationlocationchangedduringthereportingperiod□ApplicableNotapplicable IV.KeyAccountingDataandFinancialIndicators WhethertheCompanyisrequiredtomakeretroactiveadjustmentsorrestatetheaccountingdataforpreviousyears V.DifferencesinAccountingDataunderDomesticandForeignAccountingStandards 1.DifferencesinnetprofitsandnetassetsinthefinancialreportdisclosedbothaccordingtointernationalaccountingstandardsandChineseaccountingstandards □ApplicableNotapplicable FortheCompany,therewasnodifferenceinnetprofitsandnetassetsinthefinancialreportdisclosedbothaccordingtointernationalaccountingstandardsandChineseaccountingstandardsduringtheReportingPeriod. 2.DifferencesinnetprofitsandnetassetsinthefinancialreportdisclosedbothaccordingtooverseasaccountingstandardsandChineseaccountingstandards □ApplicableNotapplicable FortheCompany,therewasnodifferenceinnetprofitsandnetassetsinthefinancialreportdisclosedbothaccordingtooverseasaccountingstandardsandChineseaccountingstandardsduringtheReportingPeriod. VI.Non-recurringprofitandlossitemsandamounts Applicable□Notapplicable Unit:RMB □ApplicableNotapplicable ExplanationofthesituationwherethenonrecurringitemslistedintheExplanatoryAnnouncementNo.1onInformationDisclosu