Q1 2026 Report of Luzhou Laojiao Co. Ltd.Stock Code: 000568 Stock abbreviation: Luzhou Laojiao Announcement No. 2026-17

Luzhou Laojiao Co. Ltd.Q1 2026 Report

Luzhou Laojiao Co. Ltd. (hereinafter referred to as the “Company”) and all the members of the

Company’s Board of Directors hereby guarantee that the contents of this Report are true accurate

and complete and free of any misrepresentations misleading statements or material omissions.Important Statements:

1. The Board of Directors directors and senior management guarantee that the information

presented in this report is free of any false records misleading statements or material omissions and

shall individually and together be legally liable for truthfulness accuracy and completeness of its

contents.

2. The responsible person for the Company the responsible person for accounting work and the

responsible person for the Company’s financial affairs (Accounting Supervisor) have warranted that

the financial statements in this report are true accurate and complete.

3. Whether the financial statements of this report have been audited by an auditor

□ Yes □ No

This report has been prepared in both Chinese and English. Should there be any discrepancies or

misunderstandings between the two versions the Chinese version shall prevail.

1Q1 2026 Report of Luzhou Laojiao Co. Ltd.

1. Key financial information

1.1 Key accounting data and financial indicators

Whether the Company performed a retroactive adjustment to or restatement of accounting data.□ Yes □ No

Q1 2026 Q1 2025 YoY change (%)

Operating revenues (CNY) 8025174114.21 9352165445.50 -14.19%

Net profits attributable to

shareholders of the 3708450417.95 4592780509.90 -19.25%

Company (CNY)

Net profits attributable to

shareholders of the

Company before non- 3683573536.09 4595090018.42 -19.84%

recurring gains and losses

(CNY)

Net cash flows from

4543022746.043307744331.6037.35%

operating activities (CNY)

Basic earnings per share

2.523.13-19.49%

(CNY/share)

Diluted earnings per share

2.523.13-19.49%

(CNY/share)

Weighted average ROE 7.32% 9.48% -2.16%

March 31 2026 December 31 2025 Change (%)

Total assets (CNY) 66166682911.76 64794994851.27 2.12%

Net assets attributable to

shareholders of the 51598622667.87 49780293635.74 3.65%

Company (CNY)

1.2 Non-recurring gains and losses

□ Applicable □ N/A

Unit: CNY

Item Q1 2026 Note

Government grants recognized in

profit or loss (exclusive of those that

are closely related to the Company's

normal business operations and

given in accordance with defined 11307543.99

criteria and in compliance with

government policies and have a

continuing impact on the Company's

profit or loss)

Gain or loss on fair-value changes in

financial assets and liabilities held by

a non-financial enterprise as well as

on disposal of financial assets and

13814320.73

liabilities (exclusive of the effective

portion of hedges that is related to

the Company's normal business

operations)

Other non-operating income and

expenditure except above-mentioned 7901484.54

items

2Q1 2026 Report of Luzhou Laojiao Co. Ltd.

Less: Corporate income tax 8146467.40

Total 24876881.86 --

Other items that meet the definition of non-recurring gain/loss:

□ Applicable □ N/A

No such cases for the reporting period.Explain the reasons if the Company classifies any non-recurring gain/loss item mentioned in the

Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities

to the Public-Non-Recurring Gains and Losses as a recurring gain/loss item.□ Applicable □ N/A

No such cases for the reporting period.

1.3 Changes in key financial data and indicators and reasons for the changes

□ Applicable □ N/A

A. The closing balance of accounts receivables increased by CNY 12899070.79 compared to the

opening balance indicating an increase of 212.31%. It was mainly due to the increased receivables

arising from overseas baijiu sales within the contract term.B. The closing balance of accounts receivables financing decreased by CNY 626118828.36 compared

to the opening balance indicating a decrease of 42.69%. It was mainly due to the discounting of notes

and the honoring of due notes in the current period.C. The closing balance of prepayment increased by CNY 97462139.48 compared to the opening

balance indicating an increase of 66.94%. It was mainly due to the increased prepayment to suppliers

for advertising.D. The closing balance of other current assets decreased by CNY 150127011.38 compared to the

opening balance indicating a decrease of 34.88%. It was mainly due to the offsetting in the current

period of the opening overpaid tax.E. The closing balance of short-term loans increased by CNY 3000000000.00 compared to the

opening balance. It was mainly due to a one-year bank loan arranged to meet the Company’s

production and operation needs.F. The closing balance of employee benefits payable decreased by CNY 163866529.65 compared to

the opening balance indicating a decrease of 34.02%. It was mainly due to the settlement in the current

period of performance-based pay for last year.G. The closing balance of taxes payable increased by CNY 712086214.74 compared to the opening

balance indicating an increase of 44.15%. It was mainly due to the quarter-on-quarter growth of

revenue in the first quarter of 2026 leading to an increase in current taxes payable.H. The closing balance of non-current liabilities due within one year decreased by CNY

2055002991.79 compared to the opening balance indicating a decrease of 50.44%. It was mainly

due to the repayment of due loans.

3Q1 2026 Report of Luzhou Laojiao Co. Ltd.

I. The closing balance of long-term loans decreased by CNY 974746677.18 compared to the opening

balance indicating a decrease of 37.10%. It was mainly due to the reclassification of long-term loans

due within one year.J. The closing balance of treasury stock decreased by CNY 147318232.67 compared to the opening

balance indicating a decrease of 92.28%. It was mainly due to the relevant reversal as a result of the

unlocking of restricted shares in the current period.K. Interest expense in the current period decreased by CNY 19645444.38 compared to the same

period of last year indicating a decrease of 37.78%. It was mainly due to the decreased interest

expenditure on loans in the current period.L. Investment income in the current period increased by CNY 22365181.00 compared to the same

period of last year. It was mainly due to the increased earnings of investee Huaxi Securities and the

decreased note discount expenses.M. Non-operating expenses in the current period decreased by CNY 26375176.43 compared to the

same period of last year indicating a decrease of 97.69%. It was mainly due to the decreased donation

expenses in the current period.N. Net cash flows from operating activities in the current period increased by CNY 1235278414.44

compared to the same period of last year indicating an increase of 37.35%. It was mainly due to the

decreased cash outflows from operating activities.O. Net cash flows from investing activities in the current period increased by CNY 64122696.04

compared to the same period of last year. It was mainly due to the decreased payments for long-term

asset and wealth management product investments in the current period.P. Net cash flows from financing activities in the current period increased by CNY 1540949302.46

compared to the same period of last year. It was mainly due to the one-year bank loan arranged in the

current period.

2. Shareholder information

2.1 Total numbers of common shareholders and preference shareholders with resumed voting

rights as well as shareholdings of top 10 shareholders

Unit: Share

Total number of common Total number of preference shareholders with

shareholders at the end of the 182100 resumed voting rights at the end of the reporting 0

reporting period period (if any)

Shareholdings of the top 10 shareholders (exclusive of shares lent in refinancing)

Number of Pledged marked or frozen

Name of Nature of Shareholding Total shares holding shares

shareholder shareholder percentage held restricted Status of Number of

shares shares shares

Luzhou

State-owned

Laojiao Group 26.05% 383433639 0 N/A 0

corporation

Co. Ltd.Luzhou State-owned

24.86% 365971142 0 N/A 0

XingLu corporation

4Q1 2026 Report of Luzhou Laojiao Co. Ltd.

Investment

Group Co.Ltd.Bank of China

Co. Ltd. –

Baijiu index

classification

securities Other 3.84% 56467392 0 N/A 0

investment

fund by China

Merchants

Fund

China

Securities

Finance Other 2.20% 32312117 0 N/A 0

Corporation

Limited

Hong Kong

Securities

Outbound

Clearing 1.85% 27177581 0 N/A 0

corporation

Company

Limited

Bank of China

Co. Ltd.－

Blue chip

selected

hybrid Other 1.72% 25250000 0 N/A 0

securities

investment

fund by E

Fund

China

Construction

Bank

Corporation－

Other 1.36% 19992542 0 N/A 0

Penghua

Wine & Liquor

Exchange-

Traded Fund

Guofeng

Xinghua

(Beijing)

Private Equity

Fund

Management

Co. Ltd.－

Guofeng Other 1.28% 18871962 0 N/A 0

Xinghua

Honghuzhiyua

n Tranche 3

Private

Securities

Investment

Fund No. 1

China Life

Insurance Other 0.96% 14103644 0 N/A 0

Company

5Q1 2026 Report of Luzhou Laojiao Co. Ltd.

Limited –

Traditional –

Ordinary

Insurance

Product –

005L–CT001

(Shanghai)

Central Huijin

Asset State-owned

0.92% 13539862 0 N/A 0

Management corporation

Co. Ltd.Shareholdings of the top 10 non-restricted shareholders (exclusive of shares lent in refinancing and locked shares of

executives)

Type and number of shares

Name of shareholder Number of non-restricted shares held

Type Number

CNY common

Luzhou Laojiao Group Co. Ltd. 383433639 383433639

shares

Luzhou XingLu Investment CNY common

365971142365971142

Group Co. Ltd. shares

Bank of China Co. Ltd. – Baijiu

index classification securities CNY common

5646739256467392

investment fund by China shares

Merchants Fund

China Securities Finance CNY common

3231211732312117

Corporation Limited shares

Hong Kong Securities Clearing CNY common

2717758127177581

Company Limited shares

Bank of China Co. Ltd.－Blue

CNY common

chip selected hybrid securities 25250000 25250000

shares

investment fund by E Fund

China Construction Bank

CNY common

Corporation－Penghua Wine & 19992542 19992542

shares

Liquor Exchange-Traded Fund

Guofeng Xinghua (Beijing)

Private Equity Fund

Management Co. Ltd.－

CNY common

Guofeng Xinghua 18871962 18871962

shares

Honghuzhiyuan Tranche 3

Private Securities Investment

Fund No. 1

China Life Insurance Company

Limited – Traditional – Ordinary CNY common

1410364414103644

Insurance Product – 005L– shares

CT001 (Shanghai)

Central Huijin Asset CNY common

1353986213539862

Management Co. Ltd. shares

1. Luzhou Laojiao Group Co. Ltd. and Luzhou XingLu Investment

Group Co. Ltd. are both state-owned holding companies under

the jurisdiction of SASAC of Luzhou. The two companies have

signed the agreement of persons acting in concert. For details

please refer to the announcement of the Company on May 23

Related parties or acting-in-concert 2024 - Announcement on the Renewed Agreement of Persons

Acting in Concert Signed by Shareholders (Announcement No.

2024-22).

2. Luzhou Laojiao Group Co. Ltd. and its wholly-owned subsidiary

Sichuan Golden Rudder Investment Co. Ltd. collectively hold

384573839 shares in the Company representing 26.13% of the

6Q1 2026 Report of Luzhou Laojiao Co. Ltd.

total share capital of the Company.

3. In addition whether there is an association between the

remaining shareholders or they belong to persons acting in

concert is unknown.Top 10 shareholders participating in securities

N/A

margin trading (if any)

5% or greater shareholders top 10 shareholders and Top 10 unrestricted shareholders involved in

refinancing shares lending

□ Applicable □ N/A

Changes in top 10 shareholders and top 10 unrestricted shareholders due to refinancing shares

lending/return compared with the prior period

□ Applicable □ N/A

2.2 Total number of preferred shareholders and shareholdings of the top 10 preferred

shareholders

□ Applicable □ N/A

3. Other significant events

□ Applicable □ N/A

A. On January 29 2026 the Company carried out the 2025 interim dividend payout of CNY 13.58

(tax inclusive) for every 10 existing shares held totaling CNY 1998897185.75 (tax inclusive).B. On February 4 2026 the Company held the 21st Meeting of the 11th Board of Directors at which

the Proposal on the Satisfaction of Unlocking Conditions for the Second Unlocking Period of the

Reserved Restricted Shares under the 2021 Restricted Share Incentive Plan and the Proposal on the

Satisfaction of Unlocking Conditions for the Third Unlocking Period of the 2021 Restricted Share

Incentive Plan were reviewed and approved respectively. As the unlocking conditions had been

satisfied for the second unlocking period of the reserved restricted shares and for the third unlocking

period under the 2021 Restricted Share Incentive Plan a total of 1990614 restricted shares held by

438 eligible awardees were unlocked for public trading on February 24 2026.

C. The Company invested in the Technical Renovation Project of Intelligent Baijiu Production (Phase

I) with the wholly-owned subsidiary Luzhou Laojiao Baijiu Production Co. Ltd. as the implementer.The total investment amount approximated CNY 4782.5090 million. For further information see

Announcement No. 2022-24 on the Implementation of Luzhou Laojiao Technical Renovation Project

of Intelligent Baijiu Production (Phase I) by Subsidiary. The program is currently under construction.

7Q1 2026 Report of Luzhou Laojiao Co. Ltd.

4. Financial statements

4.1 Financial statements

4.1.1 Consolidated balance sheet

Prepared by: Luzhou Laojiao Co. Ltd.March 31 2026

Unit: CNY

Item March 31 2026 December 31 2025

Current assets:

Cash and cash equivalents 29886113437.36 27341566698.37

Settlement reserves

Lending funds

Held-for-trading financial assets 1507953548.02 1584771959.37

Derivative financial assets

Notes receivables

Accounts receivables 18974641.45 6075570.66

Accounts receivables financing 840376145.60 1466494973.96

Prepayment 243058615.13 145596475.65

Premiums receivable

Reinsurance accounts receivable

Reinsurance contract reserve

Other receivables 16427861.89 17318326.51

Including：Interests receivable

Dividends receivable 494532.68

Buying back the sale of financial

assets

Inventories 15116434668.42 15396031707.35

Including: Data resource

Contract assets

Assets held for sale

Non-current assets due within one

year

Other current assets 280332899.25 430459910.63

Total current assets 47909671817.12 46388315622.50

Non-current assets:

Disbursement of loans and advances

Investments in debt obligations

Investments in other debt obligations

Long-term receivables

Long-term equity investments 2973833464.30 2930804469.77

Investments in other equity

instruments 416786915.87 475499237.90

Other non-current financial assets

Investment property 47304265.31 47892751.08

Fixed assets 8391477936.47 8523891404.03

Construction in progress 2145974956.91 2064766283.24

Productive biological assets

Oil and gas assets

Use right assets 17555004.67 19863214.19

Intangible assets 3392761786.62 3414065535.11

Including: Data resource 2499535.32 2856611.80

Development expenses

Including: Data resource

8Q1 2026 Report of Luzhou Laojiao Co. Ltd.

Goodwill

Long-term deferred expenses 993526.74 1034985.48

Deferred tax assets 198788225.91 264019980.93

Other non-current assets 671535011.84 664841367.04

Total non-current assets 18257011094.64 18406679228.77

Total assets 66166682911.76 64794994851.27

Current liabilities:

Short-term loans 3000000000.00

Borrowings from the central bank

Loans from other banks

Held-for-trading financial liabilities

Derivative financial liabilities

Notes payable

Accounts payable 1253354700.94 1413421175.80

Advance from customer 2170721.98 2014696.36

Contract liabilities 2793658685.92 3367443727.83

Financial assets sold for repurchase

Deposits from customers and inter-

bank

Customer brokerage deposits

Securities underwriting brokerage

deposits

Employee benefits payable 317855850.71 481722380.36

Taxes payable 2324970284.55 1612884069.81

Other payable 459731577.59 615753466.88

Including：Interests payable 1934166.66

Dividends payable 28163719.84 28163719.84

Handling charges and commissions

payable

Reinsurance accounts payable

Liabilities held for sale

Non-current liabilities due within one

year 2019196221.26 4074199213.05

Other current liabilities 362713948.90 436920270.99

Total current liabilities 12533651991.85 12004359001.08

Non-current liabilities:

Insurance contract reserves

Long-term loans 1652419633.75 2627166310.93

Bonds payable

Including：Preference shares

Perpetual bonds

Lease liabilities 15098885.58 15693190.61

Long-term payables

Long-term payroll payables

Accrued liabilities

Deferred income 75612828.70 82513945.77

Deferred tax liabilities 156620853.69 171180022.42

Other non-current liabilities

Total non-current liabilities 1899752201.72 2896553469.73

Total liabilities 14433404193.57 14900912470.81

Owners' equity

Share capital 1471941963.00 1471941963.00

Other equity instruments

Including: preference shares

Perpetual bonds

Capital reserves 5443306054.55 5439328102.53

Less: treasury stock 12316041.80 159634274.47

Other comprehensive income 101011316.76 143628853.52

9Q1 2026 Report of Luzhou Laojiao Co. Ltd.

Special reserves

Surplus reserves 1471941963.00 1471941963.00

General risk reserve

Undistributed profits 43122737412.36 41413087028.16

Total equity attributable to owners of

the parent company 51598622667.87 49780293635.74

Non-controlling interests 134656050.32 113788744.72

Total owners' equity 51733278718.19 49894082380.46

Total liabilities and owners' equity 66166682911.76 64794994851.27

Legal representative：Liu Miao

Person in charge of accounting affairs：Xie Hong

Person in charge of accounting department：Song Ying

4.1.2 Consolidated income statement

Unit: CNY

Item Q1 2026 Q1 2025

1. Total operating revenue 8025174114.21 9352165445.50

Including: Operating revenue 8025174114.21 9352165445.50

Interest income

Earned premium

Fee and commission

income

2. Total operating costs 3103985291.16 3218498654.93

Including: Cost of sales 1138148060.14 1261650794.98

Interest expense

Handling charges and

commission expenses

Refunded premiums

Net payments for

insurance claims

Net provision for

insurance contracts

Bond insurance expense

Reinsurance Expenses

Taxes and surcharges 1155517025.18 1089740352.82

Selling and distribution

expenses 687685678.58 766999539.58

General and

administrative expenses 190528875.16 193087410.88

Research and

Development expenses 37311445.00 32435337.30

Financial expenses -105205792.90 -125414780.63

Including：Interest

expenses 32357136.81 52002581.19

Interest income 143068170.68 179345923.67

Plus: Other income 17146770.87 19202006.29

Investment income ("-" for

losses) 21992973.63 -372207.37

Including: income from

investment in associates and joint 41245181.77 35884043.67

ventures

Income from the

derecognition of financial assets

measured at amortized cost

Foreign exchange gains ("-"

for losses)

Net gain on exposure hedges

10Q1 2026 Report of Luzhou Laojiao Co. Ltd.

(“-” for losses)

Gains from the changes in fair

values (“-” for losses) 13785989.44 4135698.87

Credit impairment losses (“-”

for losses) -633623.85 -1320090.80

Impairment losses (“-” for

losses)

Gains from disposal of assets

("-" for losses)

3. Operating profits ("-" for losses) 4973480933.14 6155312197.56

Plus: non-operating income 8526408.11 1402410.38

Less: non-operating expenses 624923.57 27000100.00

4. Total profits before tax ("-" for

total losses) 4981382417.68 6129714507.94

Less: income tax expenses 1251317873.13 1517908446.03

5. Net profit ("-" for net loss) 3730064544.55 4611806061.91

5.1 By operating continuity

5.1.1 Net profit from continuing

operation ("-" for losses) 3730064544.55 4611806061.91

5.1.2 Net profit from discontinued

operation ("-" for losses)

5.2 By ownership

1) Attributable to owners of the

parent company 3708450417.95 4592780509.90

2) Attributable to non-controlling

interests 21614126.60 19025552.01

6. Net of tax from other

comprehensive income -43280338.29 -5638274.59

Net of tax from other comprehensive

income to the owner of the parent -42520384.76 -6007836.72

company

6.1 Other comprehensive income

cannot be reclassified into the profit -42612673.60 -4737889.70

and loss:

1) Remeasure the variation of net

indebtedness or net asset of defined

benefit plans

2) Share in other comprehensive

income that cannot be classified into 947279.91 568471.73

profit and loss under equity method

3) Changes in fair value of

investments in other equity -43559953.51 -5306361.43

instruments

4) Changes in fair value of the

company’s credit risks

5) Other

6.2 Other comprehensive income

that will be reclassified into the profit 92288.84 -1269947.02

and loss

1) Share in other comprehensive

income that will be classified into 1020862.73 -1721666.73

profit and loss under equity method

2) Changes in fair value of

investments in other debt obligations

3) Other comprehensive income

arising from the reclassification of

financial assets

4) Allowance for credit impairments in

investments in other debt obligations

5) Reserve for cash-flow hedge

6) Balance arising from the

translation of foreign currency -928573.89 451719.71

financial statements

7) Others

11Q1 2026 Report of Luzhou Laojiao Co. Ltd.

Net of tax from other comprehensive

income to non-controlling interests -759953.53 369562.13

7. Total comprehensive income 3686784206.26 4606167787.32

Total comprehensive income

attributable to owners of the parent 3665930033.19 4586772673.18

company

Total comprehensive income

attributable to non-controlling 20854173.07 19395114.14

interests

8. Earnings per share

(1) Basic earnings per share 2.52 3.13

(2) Diluted earnings per share 2.52 3.13

Legal representative：Liu Miao

Person in charge of accounting affairs：Xie Hong

Person in charge of accounting department：Song Ying

4.1.3 Consolidated statement of cash flows

Unit: CNY

Item Q1 2026 Q1 2025

1. Cash flows from operating

activities

Cash received from sale of goods

and rendering of services 8884785094.77 9867424870.77

Net increase in customer bank

deposits and placement from banks

and other financial institutions

Net increase in loans from central

bank

Net increase in loans from other

financial institutions

Premiums received from original

insurance contracts

Net cash received from reinsurance

business

Net increase in deposits and

investments from policyholders

Cash received from interest handling

charges and commissions

Net increase in placements from

other financial institutions

Net capital increase in repurchase

business

Net cash received from customer

brokerage deposits

Refunds of taxes and surcharges 370144.17 3362081.35

Cash received from other operating

activities 123252413.56 206201999.62

Subtotal of cash inflows from

operating activities 9008407652.50 10076988951.74

Cash paid for goods purchased and

services received 864131594.73 1136400189.39

Net increase in loans and advances

to customers

Net increase in deposits in central

bank and other banks and financial

institutions

Cash paid for original insurance

contract claims

Net increase in lending funds

Cash paid for interests handling

12Q1 2026 Report of Luzhou Laojiao Co. Ltd.

charges and commissions

Cash paid for policy dividends

Cash paid to and on behalf of

employees 514555808.10 562542987.16

Cash paid for taxes and surcharges 2431320039.02 4150762783.00

Cash paid for other operating

activities 655377464.61 919538660.59

Subtotal of cash outflows from

operating activities 4465384906.46 6769244620.14

Net cash flows from operating

activities 4543022746.04 3307744331.60

2. Cash flows from investing

activities

Cash received from disposal of

investments 101232732.08 608462037.37

Cash received from returns on

investments 305240.13 31271.10

Net cash received from disposal of

fixed assets intangible assets and

other long-term assets

Net cash received from disposal of

subsidiaries and other business units

Cash received from other investing

activities

Subtotal of cash inflows from

investing activities 101537972.21 608493308.47

Cash paid to acquire and construct

fixed assets intangible assets and 109594916.87 390672949.17

other long-term assets

Cash paid for investments 10000000.00 300000000.00

Net increase in pledge loans

Net cash paid to acquire subsidiaries

and other business units

Cash paid for other investing

activities

Subtotal of cash outflows from

investing activities 119594916.87 690672949.17

Net cash flows from investing

activities -18056944.66 -82179640.70

3. Cash flows from financing

activities

Cash received from investors

Including: cash received by

subsidiaries from investments by

minority shareholders

Cash received from borrowings 3024253322.82

Cash received from other financing

activities

Subtotal of cash inflows from

financing activities 3024253322.82

Cash paid for debt repayments 3051700000.00 1510300000.00

Cash paid for distribution of

dividends and profits or payment of 2035480667.35 2094436129.07

interest

Including: dividends and profits paid

to minority shareholders by

subsidiaries

Cash paid for other financing

activities 1211028.08 351546.00

Subtotal of cash outflows from

financing activities 5088391695.43 3605087675.07

Net cash flows from financing

activities -2064138372.61 -3605087675.07

4. Effect of fluctuation in exchange

rate on cash and cash equivalents -7340315.58 -735723.56

13Q1 2026 Report of Luzhou Laojiao Co. Ltd.

5. Net increase in cash and cash

equivalents 2453487113.19 -380258707.73

Plus: balance of cash and cash

equivalents at the beginning of the 26925093961.82 33367668014.46

period

6. Balance of cash and cash

equivalents at the end of the 29378581075.01 32987409306.73

period

4.2 Adjustments to Financial Statement Items at the Beginning of the Year of the First

Implementation of the New Accounting Standards Implemented since 2026

□ Applicable □ N/A

4.3 Auditor’s report

Whether the financial statements of this report have been audited by an auditor

□ Yes □ No

The said financial statements are unaudited by an auditor.The Board of Directors of Luzhou Laojiao Co. Ltd.April 29 2026

14