Summary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.Stock code: 600415 Stock short name: 小商品城

Summary to 2025 Annual Report of

Zhejiang China Commodities City Group

Co. Ltd.Summary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.Section I Important Statements

I. This annual report summary is derived from the full annual report. For a

comprehensive understanding of the Company's operating results financial

condition and future development plans investors should visit the website

www.sse.com.cn to read the full annual report carefully.II. The Company's board of directors directors and senior management guarantee the

truthfulness accuracy and completeness of the annual report ensuring there are no

false records misleading statements or material omissions and assume individual

and joint legal responsibility.III. All directors of the Company were present at the board meeting.IV. Pan-China Certified Public Accountants LLP has issued an auditor's report with an

unqualified opinion for the Company.V. Plan for profit distribution or capital reserve into share capital for the current period

approved by the board of directors

Based on the total share capital on the equity registration date for the 2025 profit

distribution a cash dividend of RMB 5.00 (including tax) will be distributed for every 10 shares.Based on the total share capital of the Company at the end of 2025 a total of RMB

2741779613.00 (including tax) in cash dividends will be distributed. If there is a change in the

total share capital of the Company before the equity registration date for equity distribution it is

proposed to maintain the per share distribution plan unchanged and adjust the total distribution

amount accordingly.As of the end of the reporting period the Parent Company has unremedied losses and

the related situation and its impact on matters such as dividends are as follows

□Applicable √Not applicableSummary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.Section II Company Profile

I. Company profile

Stock profile

Type of stock Exchange Stock short name Stock code Stock short name

before change

A share Shanghai StockExchange 小商品城 600415 No

Contact information Board Secretary Securities Affairs Representative

Name XU Hang HE Zhichao

Address YIWU CCC Group Building No. YIWU CCC Group Building No.567 Yinhai Road Yiwu City 567 Yinhai Road Yiwu City

Telephone 0579-85182812 0579-85182812

Fax 0579-85197755 0579-85197755

Email Hxu@cccgroup.com.cn hezhichao@chinagoods.com

II. Introduction to the main business of the Company in the reporting period

According to the China Securities Regulatory Commission's "Guidance on the

Classification of Listed Companies by Industry" (revised in 2012) the Company's industry

classification is "Business Service" (L72) under the "Leasing and Business Service" (L)

category.As the world center for small commodity trade Yiwu market with its massive transaction

volume diverse product range and numerous Chinese and international buyers consistently

ranks as the leading comprehensive market nationwide. It not only supports strong industrial

clusters but also extends its influence to 233 countries and regions driving the development of

2.1 million micro small and medium-sized enterprises and providing employment to 32 million

industrial workers. It holds a central position in the global small commodity supply chain

providing crucial support for the new "dual circulation" development pattern.(I) Distinctive industry features stand out as competitive advantages grow stronger

1. Active and diverse market entities. Yiwu market is a vibrant soil for innovation and

entrepreneurship and a high ground for the gathering of global merchants. It has driven the

development of over 20 industrial clusters across the country attracting more than 39000

resident foreign merchants 110000 resident overseas Chinese merchants and over 10000

foreign-invested entities. It is the first county-level city in China where the number ofSummary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.foreign-invested entities and foreign nationals participating in social insurance both exceed

10000 earning it the title of "World Supermarket." In 2025 the net population growth in Yiwu

was 170000 including 70000 newly enrolled college students and over 680000 visits by

foreign merchants. The total number of market entities exceeded 1.26 million ranking first

among all county-level regions in China with continued robust entrepreneurial and innovative

activities.

2. Rich and complete variety of goods. As the world's largest small commodity

distribution center following the official opening of the new generation Global Digital Trade

Center in October 2025 the Yiwu market will gather 28 major categories and over 2.2 million

types of products continuously consolidating its core advantages as the "World Capital of Small

Commodities." Relying on its innovative supply capacity of over 10000 new product iterations

per day it aims to become the origin of the national trend going global and a hub for global hit

supply chains providing global buyers with a full-chain one-stop digital trade solution.

3. Innovative business scenarios leading the way. As the birthplace of innovative trade

models Yiwu pioneered the market procurement trade method (customs supervision code

“1039”). Over the past decade this method has driven a nearly sevenfold increase in Yiwu's

foreign trade exports and it has been extended to 39 pilot areas nationwide. New business

models such as import and re-export influencer live streaming and cross-border e-commerce

have emerged forming a full-chain e-commerce ecosystem. The deep integration of the real

economy and the digital economy continues to lead new global trade trends.

4. A high-quality and complete trade ecosystem. Since Yiwu was approved as a pilot for

comprehensive reform in international trade it has established several national-level open

platforms including free trade zones and comprehensive bonded areas. During the 14th

Five-Year Plan period it undertook 44 national-level reform pilots and 195 provincial-level or

above reform pilots. In 2025 33 new national and provincial "first orders" "first cases" and "first

innovations" were added in Yiwu City with significant achievements in multiple reforms and

innovations: Leading the way in market-purchased cosmetics inspections at the procurement

location benefiting one-sixth of China's customs-cleared exported cosmetics; Establishing the

Yiwu Service Center of the Hangzhou Branch of the China Quality Certification Center reducingSummary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.the certification time for imported toys (excluding testing) from 20 days to 5 days; "Yiwu-Ningbo

Zhoushan Port" became the first sea-rail intermodal line in China to reach one million standard

containers.(II) The industry is showing positive development trends with strong long-term

growth momentum

In 2025 Yiwu City achieved a total import and export value of RMB 836.5 billion a YoY

increase of 25.1%. Among this exports amounted to RMB 730.7 billion growing by 24.1% and

imports amounted to RMB 105.8 billion up 32.3%. The shares of imports exports and total

foreign trade in Zhejiang Province increased to 15.1% 17.4% and 7.8% respectively

continuing to lead China's county-level foreign trade.

1. The trade market is becoming more diverse. There are 233 countries and regions

engaged in import and export trade with Yiwu of which 156 have trade volumes exceeding

RMB 100 million and 166 have growth rates exceeding 10% an increase of 33 compared to

the same period in 2024. Emerging markets show significant growth with imports and exports

to Africa Latin America and ASEAN reaching RMB 150.7 billion RMB 127.43 billion and RMB

93.95 billion respectively representing YoY growth of 23.4% 14.1% and 46.7%.

2. The variety of export goods is increasingly diverse. Exported products cover 5900

categories with a YoY growth of 6.0%. The export value of mechanical and electrical products

reached RMB 268.94 billion a YoY increase of 25.1% accounting for 36.8% of the total export

value. Among these the export value of household appliances was RMB 20.45 billion with a

YoY growth of 23.6% and the export value of auto parts was RMB 11.81 billion with a YoY

growth of 59.1%. The product structure is upgrading towards higher-value-added categories.

3. The structure of imported goods continues to improve. Imported consumer goods

amounted to RMB 60.99 billion a YoY growth of 26.6% accounting for 57.6% of total import

value. Among these dried fruit imports were RMB 13.18 billion a YoY growth of 14.5% and

beauty cosmetics and personal care products imports were RMB 9.07 billion a YoY growth of

7.4% meeting the demand for domestic consumption upgrades.

4. The vitality of trade entities is bursting forth. The number of foreign trade entities with

actual import and export performance reached 13385 an increase of 3696 from 2024. PrivateSummary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.enterprises' imports and exports amounted to RMB 826.64 billion a YoY growth of 24.9% while

foreign-invested enterprises' imports and exports were RMB 9.85 billion a YoY growth of 39.1%

continuously releasing market vitality.

5. The brand influence has significantly increased. In 2026 the main stage of the Yiwu

sub-venue of the CCTV Spring Festival Gala at the Global Digital Trade Center made a

stunning debut. The brand image of "Yiwu a city of emotion and righteousness" gained

widespread popularity online showcasing an open and inclusive attitude to over 1.2 billion

people globally driving a strong growth in Yiwu's cultural and tourism market. During the Spring

Festival Yiwu City received 4.3107 million tourists an increase of 37.22% YoY; the total tourism

revenue was RMB 3.88 billion up 34.62% YoY. From the third to the thirteenth day of the first

lunar month the "Shop Global Goods · Check-in for the Spring Festival Gala" series of events

was held. On the first day the total number of visitors to the three market check-in points

exceeded 61000 with the main stage at the Global Digital Trade Center alone attracting over

42000 visitors. As of the seventh day of the first lunar month the cumulative number of visits to

the Spring Festival check-in points across all areas exceeded 1.3 million.

(Figure 1. "Shop Global Goods · Check-in for the Spring Festival Gala" Yiwu China

Commodities City 2026 Grand Bazaar)Summary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.

1. Main business of the Company

The Company fully grasps the strategic opportunities of the new "dual circulation"

development pattern of China and firmly integrates into Zhejiang's "high-level open strong

province" construction. Led by the new round of Yiwu's comprehensive reform in international

trade it positions itself as a Famous Trade Service Platform. We are committed to building a

digital trade infrastructure platform that empowers small and medium-sized enterprises globally.By systematically developing the three core ecosystems of product display and trading market

support services and trade fulfillment services we aim to fundamentally reshape the global

circulation system for small commodities. Our goal is to accelerate breakthroughs in "buying

globally" deepen iterations in "selling globally" and achieve a two-way transformation in

"buying and selling globally." We aim to continuously enhance the reputation of "the global hub

for small commodities" and contribute significantly to consolidating our country's global

advantage in the supply chain of daily consumer goods and serving high-level opening-up.* Product Display and Trading Ecosystem: Covering offline market operations and

proprietary trading it serves as the core business carrier for the Company;

* Market Supporting Services Ecosystem: Covering sectors such as exhibitions and hotels

it provides comprehensive support for trade activities;

* Trade Fulfillment Services Ecosystem: Covering the Chinagoods online service platform

brand overseas services warehousing and logistics payment credit factoring and other

businesses it constructs a full-chain trade service system.

2. Main business models of the Company

(1) Commodity display and trading ecosystem

1) Market Operations: The core revenue of the Company comes from market shop usage

fees with the ownership of the shops belonging to the Company. The Company adopts a

fee-based usage model for shops where related fees are prepaid based on one- to three-year

contract terms. Merchants have the right to use the shop during the contract period and are not

allowed to change the business purpose or sublet without authorization. The current operating

markets include the International Trade City Districts 1-5 Huangyuan Market International

Production Materials Market and the Global Digital Trade Center.Summary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.

2) Proprietary Trading: Operating a new retail business under the core brand "爱喜猫

ICMALL" ("爱喜猫" is the Chinese transliteration of ICMALL) with the vision of "discovering the

best products in the world" the Company aims to build a super supply chain channel brand in

the context of "New Fashion New Consumption New Applications." Leveraging the vast source

of goods from the Yiwu market and our global supply chain integration capabilities the

Company conducts businesses such as import procurement and exports. By engaging in

proprietary trading the Company penetrates the upstream and downstream markets

leveraging the advantages of its platform and brand to achieve a virtuous cycle of trade and

market synergy.

(2) Supporting services ecosystem

1) Exhibition Business: The Company's exhibition segment integrates domestic and

overseas exhibitions venue management supporting services and entrusted operations. It

organizes and hosts self-operated exhibitions such as the China Yiwu International

Commodities Fair China Yiwu Import Goods Expo and China Yiwu International Forest

Products Expo. It operates the Yiwu International Expo Center and Quzhou Living Room

Exhibition Center providing full-chain exhibition services. Through the integration of "exhibition

+ cultural creativity" "exhibition + industry" and "exhibition + overseas expansion" it promotes

trade matchmaking and industrial upgrading.

2) Hotel Business: Operating seven star-rated hotels long-stay apartments and two major

catering brands Fingertip Canteen and Yandoo Cafe through self-operation and entrusted

management providing comprehensive services such as accommodation dining meetings

and leisure. Revenue sources include room sales catering sales merchandise sales and

venue rentals. Business expansion is achieved through channels such as contract customers

conference banquets and online bookings deepening digital upgrades and brand building.

(3) Trade fulfillment services ecosystem

1) Online service platform: Leveraging the resources of nearly 80000 physical shops the

Company iterates the integrated international trade service platform Chinagoods reaching 2.1

million small and medium-sized enterprises in the upstream and downstream of the global

industrial chain. Centered on the integration of trade data it connects the needs of all parties inSummary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.the supply and demand chain building a B2B digital trade service platform with revenue models

including basic membership services customized services AI value-added services and digital

advertising.

2) Brand globalization (Yiwu Market Project) services: Advancing the "1+5+2+M" strategic

system for brand globalization (centered on 1 overseas headquarters relying on 5 major

expansion models integrating 2 categories of service providers—supply chain and finance and

connecting M global partners). The Company is upgrading the globalization process of China

Commodities City's "Brand Globalization" strategy breaking through traditional limitations via

model iteration. This achieves a transition from "independent showrooms" to a "Global

Showroom Network" featuring exhibition-sales hubs and warehouse-showroom synergy; from

"traditional warehousing" to a "Global Warehouse Network" with supply chain integration; and

from "single transportation" to a "Global Transport Network" combining trunk and feeder

logistics with warehouse-transport coordination. By adopting these new models better suited to

global market demands the Company is comprehensively building a global trade service

network with more precise layouts and composite functions implementing a tailored strategy of

"One Continent One Solution; One Continent One Structure; One Continent One Portfolio."

3) Warehousing and logistics: Focusing on warehousing services the Company

strengthens domestic consolidation warehouses overseas forward warehouses and

comprehensive bonded warehouses. The Company promotes the construction of a "two

warehouses and one line" cross-border supply chain fulfillment channel connecting domestic

warehouses international logistics dedicated lines and overseas warehouses. The Company

continuously enhances its international logistics fulfillment capabilities expands the scale of

logistics and warehousing parks and operates a series of mall fulfillment service ecosystems

including the international digital logistics market cross-border e-commerce industrial park and

cross-border e-commerce logistics park. By continuously integrating top-tier supply chain

resources and leveraging a modern digital logistics system the Company deeply engages in

the entire trade chain iteratively amplifying its core advantage of "global goods consolidated in

Yiwu distributed globally."

4) Payment credit reporting and factoring services: Enhance the digital and intelligentSummary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.

service capabilities of the "Yiwu China Commodities Index" building a market-oriented

operational system with "credit reporting license + factoring license + payment license."

Focusing on the small commodity trade ecosystem fully leverage the unique advantages of

market purchase trade foreign exchange settlement innovate the Yiwu Pay brand business

model implement overseas channel capability construction and improve the cross-border RMB

cross-border foreign currency and cross-border e-CNY payment and settlement systems.Continuously strengthen the ability and level of digital and intelligent finance to empower market

trade.III. Main accounting data and financial indicators of the Company

3.1 Main accounting data and financial indicators for the past 3 years

Unit: RMB

2025 2024 YoYChange /(%) 2023

Total assets 44405436378.39 39168460647.21 13.37 36218947223.63

Net assets attributable to

shareholders of the Listed 22947911108.88 20503756457.46 11.92 17688393818.20

Company

Operating revenue 19927252694.51 15737383922.24 26.62 11299686665.89

Profits before tax 5407571550.51 4028742952.85 34.22 3208071559.14

Net profits attributable to

shareholders of the Listed 4203546946.97 3073677494.86 36.76 2676182133.26

Company

Net profits attributable to

shareholders of the Listed

Company with non-recurring 3892961192.62 2983124415.40 30.50 2468685982.43

items excluded

Net cash flow from operating

activities 10529211443.00 4491339090.33 134.43 1845059849.92

Up 1.43

Weighted average ROE (%) 17.53 16.10 percentage 16.06

points

Basic EPS (RMB) 0.77 0.56 37.50 0.49

Diluted EPS (RMB) 0.77 0.56 37.50 0.49Summary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.

3.2 Main accounting data by quarter in the reporting period

Unit: RMB

4 th Quarter

1 st Quarter 2 nd Quarter 3 rd Quarter

October to

January to March April to June July to September

December

Operating revenue 3161169989.24 4551629141.02 5348330787.38 6866122776.87

Net profits attributable to

shareholders of the Listed 803324432.38 887611844.31 1766376648.77 746234021.51

Company

Net profit attributable to

shareholders of the Listed

Company after deducting 795172367.25 873001954.46 1723498723.39 501288147.52

non-recurring gains and

losses

Net cash flow from

-278141780.101660996267.578222342206.58924014748.95

operating activities

Explanation of difference between quarterly data and disclosed data in regular reports

□Applicable √Not applicable

IV. Information about shareholders

4.1 The total number of common stockholders preferred stockholders with reinstated

voting rights and holders of shares with special voting rights as of the end of the

reporting period and the month immediately preceding the annual report's

publication along with details of the top 10 shareholders

Unit: share

Number of common shareholders as of the end of the reporting period 152241

The total number of common shareholders (households) at the end of the previous

178993

month before the disclosure of the annual report

As of the end of the reporting period the total number of preferred shareholders

0

whose voting rights have been restored

The total number of preferred stockholders with reinstated voting rights as of the

0

end of the month immediately preceding the annual report's publication

Shareholdings of the top ten shareholders (excluding shares lent through refinancing)

Number of Pledge mark or

Number of

Change shares freezing

shares held at

Shareholder during the Proportion held Shareholder

the end of the

(full name) reporting (%) subject to Share nature

reporting Quantity

period lock-up status

period

restrictionsSummary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.Yiwu China

State-owned

Commodities City 52885300 3091064692 56.37 No

legal person

Holdings Limited

Hong Kong Central

Clearing Company 148019743 291403599 5.31 No Unknown

Limited

Zhejiang Zhecai Capital State-owned

-18073700 129392828 2.36 No

Management Co. Ltd. legal person

Industrial and

Commercial Bank of

China Limited – -2074372 45225061 0.82 No Other

Huatai-PineBridge CSI

300 ETF

Yiwu Urban Investment

State-owned

and Construction Group 31229834 42240394 0.77 No

legal person

Co. Ltd.Domestic

Gao Yaping 338434 33600000 0.61 No natural

person

China Construction

Bank Corporation - E

Fund CSI 300

Exchange-Traded -348900 32298103 0.59 No Other

Open-End Index

Initiated Securities

Investment Fund

Southern Asset

Management-Agricultural

Bank of China-Southern

26675000 0.49 No Other

China Securities

Financial Assets

Management Scheme

Dacheng

Fund-Agricultural Bank

of China-Dacheng China

26447800 0.48 No Other

Securities Financial

Assets Management

Scheme

Industrial and

Commercial Bank of

China Co. Ltd. - Huaxia

2944200 24648300 0.45 No Other

SSE CSI 300 ETF

Securities Investment

FundSummary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.Zhejiang Provincial Financial Development Co. Ltd. the controlling

shareholder of Zhejiang Zhecai Capital Management Co. Ltd. owns a

Explanation on the relationship or

9.44% stake in Yiwu State-owned Capital Operation Co. Ltd. which is the

concerted action between the above

controlling shareholder of Yiwu Market Development Group Co. Ltd. in

shareholders

turn the controlling shareholder of Yiwu China Commodities City Holdings

Limited.Explanation on the preferred

shareholders whose voting rights had

NA

been restituted and the quantity of

shares held thereby

4.2 Block diagram of the property rights and control relationship between the Company

and the controlling shareholder

√Applicable □Not applicable

56.37%

4.3 Block diagram of the property rights and control relationship between the Company

and the actual controller

√Applicable □Not applicable

4.4 Total number of preferred stockholders and details of top 10 shareholders as of the

end of the reporting period

□Applicable √Not applicable

V. Bonds of the Company

√Applicable □Not applicableSummary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.State-owned Assets Supervision and

Administration Office of the People's Zhejiang Provincial Department of

Government of Yiwu Finance

Industrial and Commercial Bank of

China LTD Yiwu Smart Industry Development

Group Co. Ltd.ICBC Financial Assets Investment Yiwu State-owned Capital Zhejiang Provincial Financial

Co. Ltd. Operation Co. Ltd. Development Co. Ltd.Yiwu Market Development Group

Co. Ltd.Yiwu China Commodities City Holdings Limited Zhejiang Zhecai Capital Management Co. Ltd.Zhejiang China Commodities City Group Co. Ltd.

5.1 The status of all bonds outstanding as of the approval date for the issuance of the

annual report.Unit: RMB 100 million Currency: RMB

Maturity Outstanding Interest

Name of bond Abbreviation Code

date amount rate (%)

Zhejiang China Commodities

City Group Co. Ltd.’s corporate

Nov 13

bonds publicly issued to 25 YIWU CCC 01 244143 8 1.94

2028

professional investors in

2025(Issue 1)

Zhejiang China Commodities

25 Zhejiang Yiwu Mar 27

City Group Co. Ltd.’s 2025 MTN 102581357 5 2.10

CCC MTN001 2028

(Issue 1)

Zhejiang China Commodities

25 Zhejiang Yiwu Apr 24

City Group Co. Ltd.’s 2025 MTN 102581826 10 2.09

CCC MTN 002 2028

(Issue 2)

Zhejiang China Commodities

25 Zhejiang Yiwu Jul 17

City Group Co. Ltd.'s 2025 MTN 102582917 5 1.89

CCC MTN 003 2028

(Issue 3)Summary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.

5.2 Bond interest payment during the reporting period

Name of bond Description of interest payment

Zhejiang China Commodities City Group

On September 1 2025 the Company paid all holders of "22 Yiwu

Co. Ltd. ’ s corporate bonds publicly

CCC 01" the principal and interest for the period from September

issued to professional investors in 2022

1 2024 to August 31 2025 on time.

(Issue 1)

Zhejiang China Commodities City Group

On September 22 2025 the Company paid all holders of "22 Yiwu

Co. Ltd. ’ s corporate bonds publicly

CCC 02" the principal and interest for the period from September

issued to professional investors in 2022

22 2024 to September 21 2025 on time.

(Issue 2)

On February 24 2025 the Company paid the holders of "22

Zhejiang China Commodities City Group

Zhejiang Yiwu CCC MTN001" the interest for the period from

Co. Ltd.’s 2022 MTN (Issue 1)

February 24 2024 to February 24 2025 on time.On March 29 2025 the Company paid the holders of "22 Zhejiang

Zhejiang China Commodities City Group

Yiwu CCC MTN002" the interest for the period from March 29

Co. Ltd.’s 2022 MTN (Issue 2)

2024 to March 29 2025 on time.

On July 20 2025 the Company paid the holders of "22 Zhejiang

Zhejiang China Commodities City Group

Yiwu CCC MTN003" the interest for the period from July 20 2024

Co. Ltd.'s 2022 MTN (Issue 3)

to July 20 2025 on time.Zhejiang China Commodities City Group On April 25 2025 the Company paid the holders of "24 Zhejiang

Co. Ltd.’s 2024 Super Short-term Yiwu CCC SCP003" the interest for the period from July 31 2024

Financing Bonds (Issue 3) to April 25 2025 on time.Zhejiang China Commodities City Group On August 29 2025 the Company paid the holders of "24 Zhejiang

Co. Ltd.'s 2024 Super Short-term Yiwu CCC SCP004" the interest for the period from December 4

Financing Bonds (Issue 4) 2024 to August 29 2025 on time.Zhejiang China Commodities City Group On September 18 2025 the Company paid the holders of "24

Co. Ltd.’s 2024 Super Short-term Zhejiang Yiwu CCC SCP005" the interest for the period from

Financing Bonds (Issue 5) December 24 2024 to September 18 2025 on time.Zhejiang China Commodities City Group On November 14 2025 the Company paid the holders of "25

Co. Ltd.’s 2025 Super Short-term Zhejiang Yiwu CCC SCP001" the interest for the period from

Financing Bonds (Issue 1) February 20 2025 to November 14 2025 on time.

5.3 Credit rating adjustments made by credit rating agencies to the Company or its

bonds during the reporting period

□Applicable √Not applicableSummary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.

5.4 Main accounting data and financial indicators of the Company for the past 2 years

√Applicable □Not applicable

Unit: RMB 10000

Major indicator 2025 2024 YoY Change (%)

Debt-to-asset ratio (%) 48.14 47.48 Up 0.66 ppt

Net profit after deducting

non-recurring gains and 389296.119262 298312.44154 30.50

losses

EBITDA to total debt ratio 1.96 0.69 184.06

Interest coverage ratio 36.80 17.90 105.59Summary to 2025 Annual Report of Zhejiang China Commodities City Group Co. Ltd.Section III Significant Matters

I. The Company shall based on the principle of materiality disclose significant changes in its

business operations during the reporting period as well as events that occurred during the

period that have had or are expected to have a material impact on the Company's operations.During the reporting period the Company's main operating conditions are detailed in Section III

Discussion and Analysis of Managers of the 2025 Annual Report.II. If the Company's annual report discloses a delisting risk warning or termination of listing

the reasons leading to such a situation must be disclosed.□Applicable √Not applicable