Ticker: 002242 Stock Abbreviation: Joyoung Joyoung Co. Ltd.Interim Report of the Third Quarter 2026 The Company and all members of the Board of Directors have guaranteed that the information disclosed is true accurate and complete and contains no false record misleading statements or material omissions.Important notes: Board of Directors all the directors and senior management staff of Joyoung Co. Ltd. (hereinafter referred to as the “Company”) have guaranteed that this Report contains no false record misleading statement or material omission and shall be jointly and severally liable for the factuality accuracy and completeness of the information given in this Report.CEO of the Company CFO of the Company and Chief Accountant of Accounting Institution declared that the quarterly financial statements should be true accurate and complete.In case of any discrepancy the Chinese version of the report shall prevail.Whether the third quarterly report was audited □ Yes √ No I. Key Accounting Data and Financial Indicators 1. Key Accounting Data and Financial Indicators Whether the Company performed a retroactive adjustment to or restatement of accounting data □Yes No From 1 July 2026 to From 1 January 30 September 2026 YoY Change 2026 to 30 YoY ChangeSeptember 2026 Operating revenues (RMB Yuan) 1562832215.42 -2.21% 5051975366.15 -9.55% Net profits attributable to shareholders of the Company (RMB Yuan) 216345.97 -74.69% 71989503.25 -41.75% Net profits attributable to shareholders of the Company before non-recurring gains and losses (RMB Yuan) 2284825.15 -57.92% 76713723.71 -60.14% Net cash flow from operating activities (RMB Yuan) — — -148488073.13 -142.79% Basic earnings per share (RMB Yuan /share) 0.0003 -72.73% 0.10 -37.50% Diluted earnings per share (RMB Yuan /share) 0.0003 -72.73% 0.10 -37.50% Weighted average return on net assets Decreased by Decreased by 0.01% 0.01 percentage 2.15% 1.40percentage points points 30 September 2026 31 December 2025 Change(%) between 31 December2025 and 30 September 2026 Total assets (RMB) 6658346703.37 7794224747.51 -14.57% Net assets attributable to shareholders of the Company 3223229951.26 3433241112.10 -6.12% (RMB) 2. Non-recurring gain and loss items and amounts thereof √ Applicable □Not applicable Unit: RMB Item From 1 July 2026 to From 1 January 202630 September 2026 to 30 September 2026 Note Profit or loss from disposal of non-current assets (including the write off of the provision for impairment of assets) -58019.81 -4515568.20 Government grants included in the current profit or loss (except for government grants that are closely related to the Company's normal business operations comply with national policies are 586724.01 7829672.17 enjoyed in accordance with determined standards and have a continuous impact on the company's profit and loss) Gains or losses from changes in fair value arising from the holding of financial assets and financial liabilities by non-financial enterprises and gains and losses arising from the disposal of financial assets and financial liabilities excluding the -2299030.81 -7201217.85 effective hedging business related to the Company’s normal business operations Other non-operating income or expenses except the above items -1113727.30 -1976259.22 Less: Impact of income taxes -815574.73 -1139152.64 Total -2068479.18 -4724220.46 -- Other details of profit and loss items that meet the definition of non-recurring profit or loss □ Applicable √ Not applicable Not Applicable to the Company.Explain the reasons if the Company classifies any non-recurring gain/loss item mentioned in the as a recurring gain/loss item □ Applicable √ Not applicable Not Applicable to the Company. 3. Changes in key accounting data and financial indicators and reasons for such changes √ Applicable □Not applicable Unit: RMB Change(%) between 31 Item 30 September 2026 31 December 2025 December 2025 and 30 Notes September 2026 Trading financial assets 16500000.00 100.00%Mainly due to the purchase of structureddeposits in the current period Notes receivable 267218642.58 474242692.64 -43.65%Mainly due to the maturity of notes duringthe current period Mainly due to an increase in prepayments Prepaid expenses 59159007.63 39155130.21 51.09% for raw materials under price-lock arrangements during the reporting period Mainly due to an increase in receivables Long-term receivables 15931500.00 11863000.00 34.30% from equity transfers during the reporting period Construction in progress 2773992.47 1077254.78 157.51%Mainly due to an increase in othermiscellaneous construction projects Other non-current assets 202604999.14 100.00%Mainly due to the purchase of certificates ofdeposit during the current period Payroll payable 33975172.53 112707094.22 -69.86%Mainly due to the payment of year-endbonuses during the current period Mainly due to a decrease in endorsed bank Other current liabilities 31724279.04 45623089.36 -30.46% acceptance bills that have not been derecognized during the reporting period Treasury stock 90014797.00 100.00%Mainly due to the repurchase of theCompany's shares Mainly due to the decline in exchange rates Other comprehensive income -83990839.73 729415.64 -11614.81% during the current period resulting inincreased losses from the translation of foreign currency financial statements Item From 1 January 2026 to From 1 January 30 September 2026 2025 to 30 YoY Change NoteSeptember 2025 Mainly due to a decrease in losses arising Gain on changes in fair value -12799046.75 -91300324.29 85.98% from changes in the fair value of fund investments Mainly due to the decrease in the bad debt Credit impairment losses -650587.53 -2260506.41 71.22% provision for accounts receivable during the current period Mainly due to a decrease in gains on Gains on disposal of assets 90824.50 414427.92 -78.08% disposal of long-term assets during the current period Income tax expenses -18384449.51 1250942.61 -1569.65%Mainly due to a decrease in total profitduring the current period Net cash flows from operating Mainly due to a decrease in cash receipts activities -148488073.13 347031788.32 -142.79% from the sale of goods and the rendering ofservices during the current period Net cash flows from investing -228057166.90 41416700.92 -650.64%Mainly due to the purchase of structuredactivities deposits in the current period Net cash flows from financing activities -227787288.62 -134763427.93 -69.03% Mainly due to the repurchase of the Company's shares Effect of exchange rate changes on cash and cash -81319054.96 -11784831.75 -590.03%Mainly due to the decline in exchange rates equivalents during the current period II. Shareholder Information 1. Total number of common shareholders and number of preferred shareholders whose voting rights were resumed shareholdings of the top ten common shareholders at the period-end Unit: share Total number of common shareholders at the end Total number of preferred shareholders with resumed of the Reporting Period 48107 voting rights at the end of the Reporting Period (if any) 0 Top 10 common shareholders（excluding lending and transfer of shares business） Nature of Shareholding Total shares Number of Pledged or frozen sharesName of shareholder shareholder percentage held at the restrictedperiod-end shares held Status Number Shanghai Lihong Enterprise Domestic non- Management Co. Ltd. state-owned 50.40% 384523746 0 N/A 0 corporation JS Global Capital Management Foreign Limited corporation 17.03% 129924090 0 N/A 0 Joyoung ESOP Plan (Phase 1) Others 2.01% 15313800 0 N/A 0 Joyoung ESOP Plan (2026) Others 1.40% 10710170 0 N/A 0 Hong Kong Securities Clearing Foreign Co. Ltd. corporation 0.49% 3700774 0 N/A 0 CPIC-Dividend-Personal Dividend Others 0.40% 3045512 0 N/A 0 Li Ling Domestic Natural Person 0.35% 2688700 0 N/A 0 Fengkai Liu Domestic Natural Person 0.26% 1979870 0 N/A 0 Bank of China Limited - GF CSI Pension Industry Index Initiated Securities Investment Others 0.25% 1891000 0 N/A 0 Fund Yingxin Wang Domestic Natural Person 0.24% 1864800 0 N/A 0 Top 10 non-restricted common shareholders (excluding lending and transfer of shares business excluding executive restricted shares) Name of shareholder Number of non-restricted Type of sharesshares held Type of shares Number Shanghai Lihong Enterprise Management Co. Ltd. 384523746 RMB common stock 384523746 JS Global Capital Management Limited 129924090 RMB common stock 129924090 Joyoung ESOP Plan (Phase 1) 15313800 RMB common stock 15313800 JoyoungESOPPlan(2026) 10710170 RMB common stock 10710170 Hong Kong Securities Clearing Co. Ltd. 3700774 RMB common stock 3700774 CPIC-Dividend-Personal Dividend 3045512 RMB common stock 3045512 Li Ling 2688700 RMB common stock 2688700 Fengkai Liu 1979870 RMB common stock 1979870 Bank of China Limited - GF CSI Pension Industry Index Initiated Securities Investment Fund 1891000 RMB common stock 1891000 Yingxin Wang 1864800 RMB common stock 1864800 In April 2019 the shareholding structure of BILTING DEVELOPMENTS LIMITED changed. MR. Xuning WANG the actual controller of the Company became the actual controller of BILTING DEVELOPMENTS LIMITED (See Report No. 2019-027 of the Company on www.chinainfo.com.cn.). As a result Shanghai Lihong Enterprise Management Co. Ltd. and BILTING DEVELOPMENTS LIMITED both controlled by Mr. Xuning WANG are defined as acting-in-concert parties by the Administrative Measures for the Takeover of Listed Companies.Other than the aforementioned related and acting-in-concert parties the Related or acting-in-concert parties among shareholders above Company is uncertain about whether there are related or acting-in- concert parties among shareholders above.In July 2024 BILTING DEVELOPMENTS LIMITED changed its name to JS Global Capital Management Limited which is still a party acting in concert with the controlling shareholder of the Company Shanghai Lihong Enterprise Management Co. Ltd. The aforementioned change does not involve any equity change of the Company ’ s controlling shareholder and has no impact on the Company's operating activities and there has been no change in the Company's controlling shareholder and de facto controller.Explanation on top 10 shareholders participating in securities Fengkai Liu holds 21300 shares of the Company through an ordinary margin trading (if any) securities account and 1958570 shares through a credit securitiesaccount with a total of 1979870 shares of the Company.Shareholders holding more than 5% of shares top 10 shareholders and top 10 shareholders with non-restricted shares outstanding participating in the lending and transfer of shares business □ Applicable √ Not applicable Top 10 shareholders and top 10 shareholders with non-restricted shares outstanding changed from the previous period due to lending/repatriation in the lending and transfer of shares business □ Applicable √ Not applicable 2. Total Number of Preferred Shareholders and TOP 10 Preferred Shareholders and Their Shareholdings □ Applicable √ Not applicable III. Other Significant Events □ Applicable √ Not applicable IV. Quarterly Financial Statements 1. Financial Statements 1.1 CONSOLIDATED BALANCE SHEET Prepared by: Joyoung Co. Ltd. 30 September 2026 Unit: RMB Item 30 September 2026 1 January 2026 Current assets: Cash at bank and on hand 2906137086.51 3802344068.96 Deposit reservation for balance Lending funds Trading financial assets 16500000.00 Derivative financial assets Notes receivable 267218642.58 474242692.64 Accounts receivable 591345215.12 844530212.00 Receivables financing 368871576.94 366229143.46 Prepaid expense 59159007.63 39155130.21 Premium receivable Reinsurance accounts receivable Provision of cession receivable Other receivables 18110190.28 14962889.22 Including: Interest receivable Dividend receivable Redemptory monetary capital for sale Inventories 553974374.72 536531279.01 Including: Data Resource Contract assets Holding assets for sale Current portion of non-current assets Other current assets 127937780.41 104591571.53 Total current assets 4909253874.19 6182586987.03 Non-current assets: Issuance of loans and advances Equity expense Other equity investments Long-term receivables 15931500.00 11863000.00 Long-term equity investments 92283999.01 125823796.35 Investments in other equity instruments 264358736.49 282857131.24 Other non-current financial assets 201849229.68 216690768.42 Investment properties 97961921.84 107968662.27 Fixed assets 515480351.96 553197700.08 Construction in progress 2773992.47 1077254.78 Productive biological asset Oil and gas assets Right-of-use assets 50657030.53 21809903.49 Intangible assets 109783720.56 113471329.64 Including: Data Resource Development expenditures Including: Data Resource Goodwill Long-term prepaid expenses 1503526.34 1654874.93 Deferred tax assets 193903821.16 175223339.28 Other non-current assets 202604999.14 Total non-current assets 1749092829.18 1611637760.48 Item 30 September 2026 1 January 2026 TOTAL ASSETS 6658346703.37 7794224747.51 Current liabilities: Short-term borrowings Loans from the central bank Loans from other banks Trading financial liabilities Derivative financial liability Notes payable 1618647920.38 2004702049.92 Accounts payable 1092678414.02 1509032583.11 Unearned revenue Contract liabilities 243265053.18 227229133.62 Financial assets sold for repurchase Deposits from customers and interbank Receivings from vicariously traded securities Receivings from vicariously sold securities Payroll payable 33975172.53 112707094.22 Tax payable 32211749.33 25623201.76 Other payables 146402731.28 220521260.97 Including: Interest payable Dividend payable Handling fees and commissions payable Dividend payable for reinsurance Holding liabilities for sale Current portion of non-current liabilities 29295559.35 19396898.18 Other current liabilities 31724279.04 45623089.36 Total current liabilities 3228200879.11 4164835311.14 Non-current liabilities Reserve fund for insurance contracts Long-term borrowings Bonds payable Including: Preferred stock Perpetual bonds Lease liabilities 21710821.80 3085096.72 Long-term payables Long-term payroll payable Accrued liabilities 2722099.90 3292941.91 Deferred income 4385580.84 6762106.67 Deferred tax liabilities 10112239.71 12121387.95 Other non-current liabilities Total non-current liabilities 38930742.25 25261533.25 Total liabilities 3267131621.36 4190096844.39 Shareholders’ equity Share capital 763017000.00 763017000.00 Other equity instruments Including: preferred stock Perpetual bond Capital surplus 583570363.05 576383424.77 Less: Treasury stock 90014797.00 Other comprehensive income -83990839.73 729415.64 Special reserve Surplus reserve 397820873.71 397820873.71 General risk reserve Undistributed profits 1652827351.23 1695290397.98 Total equity attributable to shareholders of the Company 3223229951.26 3433241112.10 Minority interests 167985130.75 170886791.02 Item 30 September 2026 1 January 2026 Total shareholders’ equity 3391215082.01 3604127903.12 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 6658346703.37 7794224747.51 Legal representative: Ningning Yang Principal in charge of accounting: Jiangang Kan Head of accounting department: Wen Guo 1.2 CONSOLIDATED INCOME STATEMENTS FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2026 Unit: RMB Item For the nine months ended For the nine months ended30 September 2026 30 September 2025 Total revenue 5051975366.15 5585101782.36 Including: Operating revenue 5051975366.15 5585101782.36 Interest income Earned Premium Handling fees and commission income Total operating cost 5028252081.42 5416157788.49 Including: Cost of sales 3812339258.56 4081807308.60 Interest expense Handling fees and commission expenses Surrender value Net payments for insurance claims Net provision for insurance liability Bond insurance expense Amortized Reinsurance Expenditures Taxes and surcharges 22541675.21 25679249.64 Selling and distribution expenses 838268247.86 913987815.91 General and administrative expenses 228186537.80 237730172.68 Research and development expenses 175101579.58 217921422.17 Financial income -48185217.59 -60968180.51 Including: Interest expenses 1576507.82 961964.09 Interest income 59996449.03 65292707.66 Add: Other income 27552795.90 24126964.11 Investment income/(loss) 24989767.49 30002717.80 Including: Investment income from associates and joint ventures -1196577.81 -850960.62 Profits or losses arising from derecognition of financial assets measured at amortized costs Foreign exchange gains/(losses) Net exposure to hedging gains/(losses) Gains/(Losses) on changes in fair value -12799046.75 -91300324.29 Credit impairment losses -650587.53 -2260506.41 Asset impairment losses -2710417.84 -2220476.93 Gain on disposal of assets 90824.50 414427.92 Operating profit 60196620.50 127706796.07 Add: Non-operating income 1005086.06 3877589.08 Less: Non-operating expenses 3294518.45 6791307.79 Total profit 57907188.11 124793077.36 Less: Income tax expenses -18384449.51 1250942.61 Net Profit 76291637.62 123542134.75 Item For the nine months ended For the nine months ended30 September 2026 30 September 2025 (1) Classified by continuity of operations Net profit from continuing operations 76291637.62 123542134.75 Net profit from discontinued operations (2) Classified by ownership of the equity Attributable to shareholders of the Company 71989503.25 123585667.57 Minority interests 4302134.37 -43532.82 Other comprehensive income net of tax -91924050.01 -19609315.33 Other comprehensive income attributable to equity owners of the Company -84720255.37 net of tax -19609315.33 (1) Other comprehensive income items which will not be reclassified -17298394.75 subsequently to profit or loss -2912581.45 1) Changes arising from remeasurement of defined benefit plan 2) Other comprehensive income that cannot be transferred to profit or loss under the equity method 3) Changes in fair value of investments in other equity instruments -17298394.75 -2912581.45 4) Changes in fair value of an enterprise's own credit risk 5) Others (2) Other comprehensive income items which will be reclassified -67421860.62 subsequently to profit or loss -16696733.88 1) Other comprehensive income available for transfer to profit or loss under the equity method 2) Changes in fair value of other debt investments 3) Reclassification of financial assets to other comprehensive income 4) Provision for credit impairment of other debt investments 5) Cash flow hedge reserve 6)Differences on translation of foreign currency financial statements -67421860.62 -16696733.88 7)Others Other comprehensive income attributable to minority shareholders net of tax -7203794.64 Total comprehensive income -15632412.39 103932819.42 Attributable to equity owners of the Company -12730752.12 103976352.24 Attributable to minority interests -2901660.27 -43532.82 Earnings per share: (1) Basic earnings per share 0.10 0.16 (2) Diluted earnings per share 0.10 0.16 In the case of a business combination under the same control in the current period the net income realized by the party being consolidated before the combination was: RMB 0.00 and the net income realized by the party being consolidated in the previous period was: RMB 0.00.Legal representative: Ningning Yang Principal in charge of accounting: Jiangang Kan Head of accounting department: Wen Guo 1.3 CONSOLIDATED CASH FLOW STATEMENTS Unit: RMB Item For the nine months ended For the nine months ended30 September 2026 30 September 2025 1. Cash flows from operating activities Cash received from sales of goods or rendering of services 6060523541.63 6744278169.06 Net increase in customer deposits and deposits from banks and other financial institutions Net decrease in deposits with the Central Bank Net decrease in deposits with other financial institutions Cash received from premiums of original insurance contracts Item For the nine months ended For the nine months ended30 September 2026 30 September 2025 Net cash received from reinsurance operations Net increase in policyholders' savings and investment funds Cash received from interest fee and commission Net increase in borrowed funds Net increase in funds for repurchase operations Net cash received from agency purchases and sales of securities Refund of taxes and surcharges 52508354.54 178222221.19 Cash received relating to other operating activities 371566617.79 488534723.71 Sub-total of cash inflows 6484598513.96 7411035113.96 Cash paid for goods and services 5135181354.24 5304871606.36 Net increase in loans and advances to customers Deposits from banks and other financial institutions Cash payment of benefits from the original insurance contract Net increase in funds removed Cash paid for interest fee and commission Cash paid as policy dividends Cash paid to and on behalf of employees 483436901.98 510539319.16 Payments of taxes and surcharges 154206148.64 120268260.80 Cash paid relating to other operating activities 860262182.23 1128324139.32 Sub-total of cash outflows 6633086587.09 7064003325.64 Net cash flows from operating activities -148488073.13 347031788.32 2. Cash flows from investing activities Cash received from disposal of investments 5616100.00 38917115.00 Cash received from returns on investments 30479564.83 30853678.42 Net cash received from disposal of fixed assets intangible assets and other long-term assets 402616.34 1275843.39 Net cash received from disposal of subsidiaries and other business units 63052394.80 Cash received relating to other investing activities 2180721292.41 211293656.31 Sub-total of cash inflows 2217219573.58 345392687.92 Cash paid to acquire fixed assets intangible assets and other long-term assets 6366427.01 5280881.60 Cash paid to acquire investments 122000000.00 Net increase in pledged loans Net cash paid to acquire subsidiaries and other business units Cash paid relating to other investing activities 2438910313.47 176695105.40 Sub-total of cash outflows 2445276740.48 303975987.00 Net cash flows from investing activities -228057166.90 41416700.92 3. Cash flows from financing activities Cash received from capital contributions 15855018.00 Including: Cash received from capital contributions by minority shareholders of subsidiaries 15855018.00 Cash received from borrowings Cash received relating to other financing activities Sub-total of cash inflows 15855018.00 Cash repayments of borrowings Cash payments for interest expenses and distribution of dividends or profits 114452550.00 114452550.00 Including: Cash payments for dividends or profit to minority shareholders of subsidiaries Item For the nine months ended For the nine months ended30 September 2026 30 September 2025 Cash payments relating to other financing activities 113334738.62 36165895.93 Sub-total of cash outflows 227787288.62 150618445.93 Net cash flows from financing activities -227787288.62 -134763427.93 4. Effect of foreign exchange rate changes on cash and cash equivalents -81319054.96 -11784831.75 5. Net increase in cash and cash equivalents -685651583.61 241900229.56 Add: Cash and cash equivalents at the beginning of the period 3379483355.79 2309238593.71 6. Cash and cash equivalents at the end of the period 2693831772.18 2551138823.27 2.Adjustments to items related to financial statements at the beginning of the year of first-time implementation of new accounting standards from 2026 onwards □ Applicable √ Not applicable 3. Auditing Report Whether the third quarterly report was audited □ Yes √ No The third quarterly report was not audited.Joyoung Co. Ltd. Board of Directors 23 October 2026