厦门象屿:ReportforThirdQuarterof2025

Report for Third Quarter of 2025

Stock Code: 600057 Stock Abbreviation: Xiamen

Xiangyu

Xiamen Xiangyu Co. Ltd.Report for Third Quarter of 2025

The Board of Directors and all Directors of the Company shall guarantee that there is no

false recordation misleading statement or material omission in contents of this

Announcement and shall assume the legal liability for authenticity accuracy and

completeness of such contents.Notes to Important Items:

The Board of directors the Board of Supervisors as well as Directors Supervisors and Senior

Management of the Company shall guarantee the authenticity accuracy and completeness of

the contents of the Quarterly Report without any false recordation misleading statement or

material omission and shall assume the joint and several legal liabilities.The person in charge of the Company the person in charge of financial affairs and the leading

member of the accounting body (the person in charge of accounting) shall guarantee the

authenticity accuracy and completeness of the financial information in the Quarterly Report.Whether the financial statements for the third quarter are audited or not

□Yes √No

I. Key financial data

(1) Key accounting data and financial indicators

Unit: million Yuan Currency: RMB

From beginning of the

Current reporting Changes on a Changes on a YoY basis

Item year to the end of

period YoY basis (%) (%)

reporting period

Operating revenue 112916.46 19.85 316864.72 6.44

Total profit 1043.51 239.01 2547.69 57.27

Net profit attributable to 601.25 443.17 1633.37 83.57

1 / 17Report for Third Quarter of 2025

shareholders of the

listed company

Net profit attributable to

shareholders of the

listed company after

818.112590.231148.85302.47

deducting the

non-recurring profit and

loss

Net cash flow from

Not applicable Not applicable 7123.60 1282.30

operating activities

Basic earnings per

0.184400.000.4975.00

share (Yuan/share)

Diluted earnings per

0.184400.000.4975.00

share (Yuan/share)

Weighted average Increased by

2.84 7.83 Increased by 3.62pp

return on equity (%) 2.61pp

At the end of Changes compared to

At the end of last year

reporting period the end of last year (%)

Total assets 130216.89 123872.66 5.12

Owner’s equity

attributable to the

30465.7323821.8127.89

shareholders of the

listed company

Note: The “Current Reporting Period” means the period of three months from the beginning of

the current quarter to the end of the current quarter; the same as below.Remark:

In the above statement the net profit attributable to the shareholders of the listed company from

beginning of the year to the end of reporting period includes the interests attributable to the

holders of the perpetual bonds in the amount of RMB 369 million; after deducting such interest

the amount of the net profit attributable to the shareholders of the listed company from

beginning of the year to the end of reporting period is RMB 1.264 billion. When calculating the

basic earnings per share the diluted earnings per share the weighted average net return on

equity and other key financial indicators the perpetual bonds and the interests accrued thereon

are deducted.

2 / 17Report for Third Quarter of 2025

(2) Non-recurring profit and loss items and amounts thereof

Unit: Yuan Currency: RMB

Amount from beginning

Non-recurring profit and loss Amount in current

of the year to the end of Remark

items reporting period

the reporting period

The disposal gains and losses of

non-current assets including the

reversal of previously 684149.94 -5160841.59

recognized asset impairment

provisions

The government subsidies

(except for those closely related

to the Company’s normal

business operations in line with

national policies and 87293554.45 380252951.88

continuously available at certain

standard quota or ration)

included in the current profit and

loss

Influenced by the domestic

curtailing excessive

competition

(“anti-involution”) policy and

the supply-demand

dynamics in the second half

Except for the effective hedging

of the year futures prices of

business related to the

some of the Company's

Company’s normal business

goods experienced

operations the changes in fair

volatility. Consequently the

value recognized in profit or loss

corresponding futures

derived from holding financial -539332924.67 178830689.43 hedging against spot goods

assets and financial liabilities by

recorded losses in the third

non-financial enterprises and

quarter. However the

the gains and losses arising from

overall operational

the disposal of financial assets

performance maintained

and financial liabilities

steady growth when

combined with gains from

the spot business

effectively hedging against

the risk of price

fluctuations.Fund occupation fees charged to

non-financial enterprises that 47710287.98 143921472.84

3 / 17Report for Third Quarter of 2025

recognized in current profit or

loss

Reversal of the impairment

provision for receivables of

which the impairment tests are 22645534.62 37275673.19

carried out separately

Trustee fee from entrusted

operations 1686320.63 5058962.25

Other non-operating incomes

and expenses than those 44459493.94 131284648.20

mentioned above

Less: Amount of income tax

consequence -70810568.61 219628622.81

Amount of minority equity

consequence (after tax) -47189846.66 167317536.29

Total -216853167.84 484517397.10

For items not listed in the Explanatory Announcement on Information Disclosure for Companies

Offering Securities to the Public No.1 - Non-recurring Gains and Losses but defined as

non-recurring gains or losses by the Company with material amount as well as the

non-recurring profit and loss items listed in Explanatory Announcement on Information

Disclosure for Companies Offering Securities to the Public No.1 - Non-recurring Gains and

Losses but defined as recurring gains and losses by the Company explanations should be

provided.□Applicable √Not Applicable

(3) The circumstances and causes for occurrence of changes in the key accounting data and

financial indicators

√Applicable □Not Applicable

Proportion

Name of item of change Main cause

(%)

Total profit _ current reporting period 239.01 The Company's business operated

Total profit _ from beginning of the year to the end of steadily with overall operations

57.27

reporting period continuing to improve. Firstly the supply

Net profit attributable to shareholders of the listed chain advantages of core products were

443.17

company _ current reporting period consolidated and the bulk commodity

business achieved growth in both

Net profit attributable to shareholders of the listed

volume and profits. Secondly through

company _ from beginning of the year to the end of 83.57

optimized risk management and control

reporting period

measures impairment losses

4 / 17Report for Third Quarter of 2025

decreased year-on-year. Thirdly the

scale of bill settlement was expanded

continuously improving capital operation

efficiency leading to financial expenses

decreasing year-on-year.Net profit attributable to shareholders of the listed Mainly due to the year-on-year increase

company after deducting the non-recurring profit and 2590.23 in net profit attributable to shareholders

loss_ current reporting period of the listed company and the

year-on-year decrease in non-recurring

gains and losses. The year-on-year

decrease in the Company's

non-recurring gains and losses was

primarily due to the losses on the

futures hedging against spot goods.These losses were attributed to the

Net profit attributable to shareholders of the listed

volatility in the futures prices of some of

company after deducting the non-recurring profit and

302.47 the Company’s goods a result of

loss_ from beginning of the year to the end of

"anti-involution" policies and

reporting period

supply-demand dynamics in the second

half of the year. However after

combining the gains from the spot

business the overall operating

performance maintained steady growth

effectively hedging against the risk of

price fluctuations.Mainly due to the Company's

continuous optimization of settlement

methods with increased use of bill

payments in business settlements and

focused efforts to accelerate operational

Net cash flow from operating activities_ from

1282.30 turnover which has driven an

beginning of the year to the end of reporting period

improvement in overall operational

efficiency. These two measures have

worked synergistically effectively

improving the operating cash flow

situation.Basic earnings per share (Yuan/share) _ current

4400.00

reporting period

Basic earnings per share (Yuan/share) _ from

75.00 Mainly due to the rise of net profit

beginning of the year to the end of reporting period

attributable to shareholders of the listed

Diluted earnings per share (Yuan/share) _ current

4400.00 company in current period.

reporting period

Diluted earnings per share (Yuan/share) _ from

75.00

beginning of the year to the end of reporting period

5 / 17Report for Third Quarter of 2025

II. Information on shareholders

(1) The total number of common shareholders the number of preferred shareholders whose

voting rights are restored and the shares held by top ten shareholders

Unit: Share

Total number of preferred shareholders whose

Total number of shareholders at

34803 voting rights are restored at the end of the 0

the end of the reporting period

reporting period (if any)

Shareholding status of the top 10 shareholders (excluding shares lent through refinancing)

Pledge Marking or

Proportion of Number of Freezing

Nature of Number of

Name of Shareholder Shareholding Restricted

Shareholder Shares Held Status

(%) Shares Held of Quantity

Xiamen Xiangyu Group State-owned 1362930780 49.22 217425988

No 0

Corporation legal person

State-owned 178253119 6.44 178253119

China Merchants Group Limited No 0

legal person

State-owned 178253119 6.44 178253119

Shandong Port Group Co. Ltd. No 0

legal person

National Social Security Fund

Others 63895430 2.31 0 No 0

Portfolio 114

China Merchants Bank Co. Ltd.- SSE Dividend Trading

Others 53767491 1.94 0 No 0

Open-ended Index Securities

Investment Fund

State-owned

Xiamen CCRE Group Co. Ltd. 50226994 1.81 0 No 0

legal person

China Agricultural Reclamation

State-owned

Industry Development Fund 42649000 1.54 0 No 0

legal person

(L.P.)

Hong Kong Securities Clearing Overseas

36175726 1.31 0 No 0

Company Ltd. legal person

Xiangyu Real Estate Group Co. State-owned

30388100 1.10 0 No 0

Ltd. legal person

National Social Security Fund

Others 20000088 0.72 0 No 0

Portfolio 503

Shareholding status of the top 10 unrestricted shareholders (excluding shares lent through refinancing)

Class and number of shares

Name of Shareholder Number of unrestricted outstanding shares held Class of Number

6 / 17Report for Third Quarter of 2025

RMB

Xiamen Xiangyu Group

1145504792 ordinary 1145504792

Corporation

RMB

National Social Security Fund

63895430 ordinary 63895430

Portfolio 114

China Merchants Bank Co. Ltd.RMB

- SSE Dividend Trading

53767491 ordinary 53767491

Open-ended Index Securities

Investment Fund

RMB

Xiamen CCRE Group Co. Ltd. 50226994 ordinary 50226994

China Agricultural Reclamation RMB

Industry Development Fund 42649000 ordinary 42649000

(L.P.) shares

RMB

Hong Kong Securities Clearing

36175726 ordinary 36175726

Company Ltd.shares

RMB

Xiangyu Real Estate Group Co.

30388100 ordinary 30388100

Ltd.shares

RMB

National Social Security Fund

20000088 ordinary 20000088

Portfolio 503

Shanghai Pudong Development

RMB

Bank Co. Ltd. – E-Fund

17434851 ordinary 17434851

Yuxiang Huibao Bond-type

Securities Investment Fund

PICC Property and Casualty RMB

Company Limited - Proprietary 15079354 ordinary 15079354

Funds shares

Xiangyu Real Estate Group Co. Ltd. is a wholly-owned subsidiary of Xiamen Xiangyu

Group Corporation. The Company is not aware that whether there is any association

Note to association or concerted

between the other aforesaid shareholders or whether the other aforesaid shareholders

action of aforesaid shareholdersare the person acting in concert as stipulated in the “Administration of the Takeover ofListed Companies Procedures”.Notes to participation on top 10

shareholders and top 10

unrestricted shareholders in Not applicable

securities margin trading and

refinancing business (if any)

Note: As of September 30 the number of shares in the Company's share repurchase special account is

100000037.

7 / 17Report for Third Quarter of 2025

Share lending status of shareholders holding more than 5% the top 10 shareholders and the

top 10 unrestricted circulating shareholders participating in refinancing.□Applicable √Not Applicable

The top 10 shareholders and the top 10 unrestricted circulating shareholders have changed

compared to the previous period due to lending/returning shares for refinancing.□Applicable √Not Applicable

III. Other reminders

Other important information on the Company’s operating conditions during the reporting period

that investors shall be reminded of

□Applicable √Not Applicable

IV. Quarterly financial statements

(1) Type of auditor’s opinions

□Applicable √Not Applicable

(2) Financial statements

Consolidated Balance Sheet

As at September 30 2025

Prepared by: Xiamen Xiangyu Co. Ltd.Unit: Yuan Currency: RMB Type of Audit: Unaudited

Item September 30 2025 December 31 2024

Current assets:

Cash and cash equivalents 22836908207.85 18605821359.60

Deposit reservation for balance

Lending to Banks and Other Financial

Institutions

Held-for-trading financial assets 1604346412.55 319499110.68

Derivative financial assets 342964280.72 618797267.20

Notes receivable 851022003.78 482753845.83

Accounts receivable 15664928214.29 18901834463.18

Financing of receivables 968098858.07 339346314.84

Prepayments 21313969664.73 19889261758.67

Premiums receivable

Reinsurance accounts receivable

Provision of cession receivable

8 / 17Report for Third Quarter of 2025

Other receivables 6010985837.24 3950598289.43

Including: Interests receivable

Dividends receivable 18703933.36

Redemptory monetary capital for sale

Inventories 28380471710.50 26426841851.12

Including: data resources

Contract assets 888690418.81 753118265.09

Held-for-sale assets

Non-current assets due within one year 3657757690.05 3468640719.61

Other current assets 5147960214.11 4443656642.21

Total current assets 107668103512.70 98200169887.46

Non-current assets:

Loan and advance in cash

Investment in creditor’s right

Other investments in creditor’s right

Long-term receivables 2701035496.98 6172751596.39

Long-term equity investment 1663893729.96 1650398710.17

Investment in other equity instruments 567448214.88

Other non-current financial assets 36344214.85 47957795.28

Investment properties 1479969225.71 1338189879.74

Fixed assets 10198446742.86 10361429132.55

Construction in progress 169289517.83 424845983.17

Productive biological assets

Oil and gas assets

Right-of-use assets 453348915.42 489381755.34

Intangible assets 2135929060.09 2170629697.71

Including: data resources

Development expenditure 27781667.85 17180447.49

Including: data resources

Goodwill 12669186.90 12669186.90

Long-term unamortized expenses 125766935.71 128958385.34

Deferred income tax assets 2727949306.26 2514453030.10

Other non-current assets 248918760.13 343648981.88

Total non-current assets 22548790975.43 25672494582.06

Total assets 130216894488.13 123872664469.52

Current liabilities:

Short-term borrowing 17415536236.99 24078655699.36

Borrowings from central bank

Loans from other banks and other financial

institutions

Trading financial liabilities 16164777.39

Derivative financial liabilities 862454348.84 711242929.00

9 / 17Report for Third Quarter of 2025

Notes payable 37775447540.54 30183976411.89

Accounts payable 11868797537.47 12440953178.40

Account collected in advance 38423485.03 34737066.50

Contract liabilities 14057137303.42 10525638744.07

Financial assets sold for repurchase

Deposits from customers and interbank

Acting trading securities

Acting underwriting securities

Payroll payable 1154643071.20 1236036229.34

Taxes payable 575959659.75 841265101.72

Other payables 2111000910.85 2452321615.81

Including: Interests payable

Dividends payable 191377171.62 296350482.61

Handling charges and commissions payable

Accounts payable for reinsurance

Held-for-sale liabilities

Non-current liabilities due within one year 2442194577.79 807921023.48

Other current liabilities 1079602877.32 1167071906.80

Total current liabilities 89397362326.59 84479819906.37

Non-current liabilities:

Provision for insurance contracts

Long-term borrowings 2457499834.10 1820072396.62

Bonds payable

Including: Preferred shares

Perpetual bonds

Lease liabilities 302165949.99 323642079.50

Long-term payables 24780806.22 149667149.32

Long-term payroll payable 586677251.94 567838110.78

Estimated liabilities 12343292.28 13769427.10

Deferred income 263257132.16 255310577.01

Deferred income tax liabilities 94843009.82 103801283.72

Other non-current liabilities 27659397.25 1430000000.00

Total non-current liabilities 3769226673.76 4664101024.05

Total liabilities 93166589000.35 89143920930.42

Owner’s equity (or shareholders’ equity):

Paid-up capital (or capital stock) 2768963339.00 2233063057.00

Other equity instruments 14265000000.00 10113300000.00

Including: Preferred shares

Perpetual bonds 14265000000.00 10113300000.00

Capital reserve 6040306374.54 4090531787.90

Less: Treasury stock 711864677.54 164957998.88

Other comprehensive income 327181792.60 358056288.47

10 / 17Report for Third Quarter of 2025

Appropriative reserve 182687.91

Surplus reserve 897461023.93 897461023.93

General risk reserve

Undistributed profits 6878495609.67 6294357106.24

Total owner’s equity (or shareholders’ equity)

30465726150.1123821811264.66

attributable to parent company

Minority equity 6584579337.67 10906932274.44

Total owner’s equity (or shareholders’

37050305487.7834728743539.10

equity)

Total liabilities and owner’s equity (or

130216894488.13123872664469.52

shareholders’ equity)

Person in charge of Company: Wu Jie Person in charge of financial affairs: Su Zhuquan

Leading member of accounting body: Lin Jing

Consolidated Income Statement

January – September 2025

Prepared by: Xiamen Xiangyu Co. Ltd.Unit: Yuan Currency: RMB Type of Audit: Unaudited

First Three Quarters (January – First Three Quarters (January

Item

September) of 2025 – September) of 2024

I. Total operating revenue 316864716075.74 297698649026.93

Including: Operating revenue 316864716075.74 297698649026.93

Interest income

Insurance premium earned

Handling charges and

commissions income

II. Total operating cost 314812295164.67 296192097809.43

Including: Operating cost 310851681601.14 291685130768.65

Interest expense

Handling charge and

commissions expense

Surrender value

Net payment of insurance

claims

Net provision in insurance

reserve

Policy dividend

Amortized reinsurance

expenditures

Taxes and surcharges 362262287.58 340877223.69

Selling expenses 1567383597.35 1572360323.28

11 / 17Report for Third Quarter of 2025

Administrative expenses 1063114907.50 935218119.11

Research & development

60794253.4155413246.97

expense

Financial expense 907058517.69 1603098127.73

Including: Interest expense 615447236.47 949037881.08

Interest income 367365970.49 254123964.38

Add: Other income 394098564.47 353383464.48

Income from investment (Loss

78844174.50351828225.75

to be filled in with “-”)

Including: Income from

investment in associated enterprise 154954625.61 206523622.19

and joint venture

Income from

derecognition of financial assets -1767379.40 -16002875.89

measured at amortized cost

Profit or loss on exchange

(Loss to be filled in with “-”)

Net profit on exposure hedging

(Loss to be filled in with “-”)

Income from change in fair

181905639.52117714363.64

value (Loss to be filled in with “-”)

Loss on credit impairment

-109897042.79-588623167.38

(Loss to be filled in with “-”)

Asset impairment loss (Loss to

-175808901.59-191879149.30

be filled in with “-”)

Income from disposal of assets

-2051496.02-6224564.66

(Loss to be filled in with “-”)

III. Operating profit (Loss to be filled in

2419511849.161542750390.03

with “-”)

Add: Non-operating income 192776127.34 166301889.41

Less: Non-operating expense 64600824.71 89106096.45

IV. Total profits (Total losses to be

2547687151.791619946182.99

filled in with “-”)

Less: Income tax expense 443081763.43 169787609.89

V. Net profit (Net loss to be filled in

2104605388.361450158573.10

with “-”)

(I) Classified by sustainability operation

1. Net profit from sustainable

operation (Net loss to be filled in with 2104605388.36 1450158573.10

“-”)

2. Net profit from discontinued

operation (Net loss to be filled in with

“-”)

12 / 17Report for Third Quarter of 2025

(II) Classified by attribution of ownership

1. Net profit attributable to the

shareholders of the parent company 1633367547.82 889756906.37

(Net loss to be filled in with “-”)

2. Minority interest income (Net

471237840.54560401666.73

loss to be filled in with “-”)

VI. Net-of-tax other comprehensive

-44790895.77-91012332.13

income

(I) Net-of-tax other comprehensive

income attributable to the parent -30874495.87 -90937513.59

company

1. Other comprehensive income

that cannot be reclassified as profit 208442343.23

and loss

(1) Amount of changes in

re-measurement of defined benefit

plans

(2) Other comprehensive income

that cannot be transferred to profit

and loss under the equity method

(3) Change in fair value of other

208442343.23

investments in equity instruments

(4) Changes in fair value of

enterprise’s own credit risk

2. Other comprehensive income

-239316839.10-90937513.59

to be reclassified as profit and income

(1) Other comprehensive income

that can be transferred to profit and -7721234.73 -25821.15

loss under the equity method

(2) Changes in fair value of other

investments on bonds

(3) Amount of financial assets

reclassified and included in other

comprehensive income

(4) Provision for credit

impairment of other investments in

bonds

(5) Reserve for cash flow hedge -136419147.58 -24045049.05

(6) Translation difference of

-95176456.79-66866643.39

foreign currency financial statements

(7) Others

(II) Net-of-tax other comprehensive

-13916399.90-74818.54

income attributable to the minority

13 / 17Report for Third Quarter of 2025

VII. Total comprehensive income 2059814492.59 1359146240.97

(I) Total comprehensive income

attributable to the owners of the 1602493051.95 798819392.78

parent company

(II) Total comprehensive income

457321440.64560326848.19

attributable to the minority

VIII. Earnings per share:

(I) Basic earnings per share

0.490.28

(Yuan/share)

(II) Diluted earnings per share

0.490.28

(Yuan/share)

In case of the merger of enterprises under the same control occurring in the current period the

net profit realized by the merged party before the merger shall be RMB 0.00 and the net profit

realized by the merged party in the previous period shall be RMB 0.00.Person in charge of Company: Wu Jie Person in charge of financial affairs: Su Zhuquan

Leading member of accounting body: Lin Jing

Consolidated Cash Flow Statement

January – September 2025

Prepared by: Xiamen Xiangyu Co. Ltd.Unit: Yuan Currency: RMB Type of Audit: Unaudited

First Three Quarters First Three Quarters

Item (January – September) of (January – September) of

20252024

I. Cash flow from operating activities:

Cash receiving from sales of goods and

344623904314.49325728845048.28

rendering of services

Net increase in customer deposit and deposit

from other banks

Net increase in borrowing from central bank

Net increase in funds borrowed from other

financial institutions

Cash obtained by receipt of premiums from

original insurance contracts

Net cash received from reinsurance business

Net increase in deposit of insured and

investment

Cash received from interests handling

charges and commissions

14 / 17Report for Third Quarter of 2025

Net increase in loans from other banks and

other financial institutions

Net increase in funds for repurchase

business

Net cash received from acting trading

securities

Refund of tax received 1038385795.62 876933125.29

Other cash received in relation to operating

3413913677.922251954381.85

activities

Subtotal of cash inflow from operating

349076203788.03328857732555.42

activities

Cash paid for goods and services 333461951023.28 321183579569.61

Net increase in customer loans and

advances

Net increase in deposit in the Central Bank

and other banks

Cash paid for claims under the original

insurance contract

Net increase in lending to banks and other

financial institutions

Cash paid for interest handling charges and

commissions

Cash paid for policy dividend

Cash paid to and for the employees 1881612770.96 1781336712.78

Taxes paid 2161289496.76 1518120782.19

Other cash paid in relation to operating

4447752134.883859352336.07

activities

Subtotal of cash outflow from operating

341952605425.88328342389400.65

activities

Net cash flow from operating activities 7123598362.15 515343154.77

II. Cash flow from investment activities

Cash receiving from investment withdrawal 5812398209.84 5499375956.76

Cash receiving from return on investment 81421478.31 86460877.27

Net amount of cash receiving from disposal

of fixed assets intangible assets and other 162203491.13 90333478.14

long-term assets

Net amount of cash receiving from disposal

36341199.79

of subsidiary and other business unit

Other cash receiving related to investment

activities

Subtotal of cash inflow from investment

6056023179.285712511511.96

activities

Cash paid to acquire fixed assets intangible 814011326.10 1435043912.96

15 / 17Report for Third Quarter of 2025

assets and other long-term assets

Cash paid to acquire investment 6070265187.44 4735189863.36

Net increase in pledge loan

Net amount of cash paid to acquire

subsidiary and other business unit

Other cash paid related to investment

102349975.03

activities

Subtotal of cash outflow from investment

6884276513.546272583751.35

activities

Net cash flow from investment activities -828253334.26 -560072239.39

III. Cash flow from financing activities:

Cash received from investment by others 11844524887.55 5107877248.12

Including: Cash received from subsidiary

496164300.00574521323.12

investments from minority shareholders

Cash receiving from borrowings 59897524666.04 67596939888.32

Other cash receiving related to financing

2050838146.101736191982.88

activities

Subtotal of cash inflow from financing

73792887699.6974441009119.32

activities

Cash paid for repayment of debt 65083126338.61 66592119283.30

Cash paid for distribution of dividend profit

2054837783.192385350324.82

or payment of interest

Including: Dividend and profit paid by

349303095.48603438070.62

subsidiary to minority shareholders

Other cash paid relating to financing

11093187033.357786612281.31

activities

Subtotal of cash outflow from financing

78231151155.1576764081889.43

activities

Net cash flow from financing activities -4438263455.46 -2323072770.11

IV. Effect of exchange rate changes on cash

-95205252.29-148835832.19

and cash equivalents

V. Net increase in cash and cash

1761876320.14-2516637686.92

equivalents

Add: Beginning balance of cash and cash

16686493830.0919501933090.88

equivalents

VI. Ending balance of cash and cash

18448370150.2316985295403.96

equivalents

Person in charge of Company: Wu Jie Person in charge of financial affairs: Su Zhuquan

Leading member of accounting body: Lin Jing

16 / 17Report for Third Quarter of 2025

The implementation of new accounting standards or the new interpretations to the accounting

standards since 2025 involves the adjustment of the financial statements at the beginning of the

year when they are implemented for the first time.□Applicable √Not Applicable

It is hereby announced.The Board of Directors of Xiamen Xiangyu Co. Ltd.October 30 2025

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