CSG HOLDING CO. LTD.THE THIRD QUARTER REPORT 2026

Chairman of the Board:

CHEN LIN

October 2026CSG HOLDING CO. LTD. The Third Quarter Report 2026

Stock code: 000012; 200012 Short form of the stock: CSG A; CSG B Notice No.: 2026-042

CSG HOLDING CO. LTD.THE THIRD QUARTER REPORT 2026

The Company and all members of the Board of Directors guarantee that the contents of the

information disclosed are true accurate and complete and that there are no false representations

misleading statements or material omissions.Important Notice:

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

the contents of this quarterly report are true accurate and complete and that there are no false

representations misleading statements or material omissions and accept individual and joint legal

liabilities for the same.

2.Head of the Company the person in charge of accounting work and the person in charge of the

accounting institution (Chief Financial Officer) hereby declare that they guarantee the financial

information disclosed in this quarterly report to be true accurate and complete.

3.Whether the Third Quarterly Financial Report has been audited or not.

□Yes□No

This report is prepared both in Chinese and English. Should there be any inconsistency between

the Chinese and English versions the Chinese version shall prevail.I. Key Financial Data

(I) Key Accounting Data and Financial Indicators

Whether the Company is required to retrospectively adjust or restate accounting data of prior years.□Yes□No

Increase/(Decrease)

Change in The From the for the Period from

The Reporting Period Reporting Period

Beginning of the the Beginning of the

over the Same Period Year to the End Year to the End of

of Prior Year of the Reporting the Reporting PeriodPeriod over the Same

Period of Last Year

Operating Revenue (RMB) 3000930756 -23.84% 9119909530 -12.51%

CSG HOLDING CO. LTD. The Third Quarter Report 2026

Net Profit Attributable to Owners of the

-167533776 -320.83% -588684987 -491.42%

Listed Company (RMB)

Net Profit Attributable to Owners of the

Listed Company Excluding Non-recurring -193770924 -766.16% -663476753 -1405.12%

Gains and Losses (RMB)

Net Cash Flow Generated from Operating

— — 444531279 -46.60%

Activities (RMB)

Basic Earnings Per Share (RMB/share) -0.06 -300% -0.20 -500%

Diluted Earnings Per Share (RMB/share) -0.06 -300% -0.20 -500%

Weighted Average Return on Equity -1.34% -1.91% -4.60% -5.72%

Change at End of the Reporting Period

End of the Reporting Period End of Previous Year

vs. End of Previous Year

Total Assets (RMB) 31727826322 31305028835 1.35%

Equity Attributable to Owners of the Listed

12476681212 13145488958 -5.09%

Company (RMB)

(II) Non-recurring Profit and Loss Items and Amounts

□Applicable □Not applicable

Unit: RMB

Amount from

Item Amount for The

the Beginning of

Reporting Period the Year to the ExplanationEnd of the

Reporting Period

Gains and Losses on Disposal of Non-current Assets (including the

reversal of accrued asset impairment provisions) 3140458 7668912

Government Grants Recognized in Profit or Loss for the Current Period

(excluding grants that are closely related to the Company’s normal

business operations in compliance with national policies and regulations 21137917 54093067

obtained according to prescribed standards and having a continuous

impact on the Company’s profit or loss)

Gains and Losses from Fair Value Changes of Financial Assets and

Financial Liabilities Held by Non-financial Enterprises and Gains and

Losses from Disposal of Financial Assets and Financial Liabilities 3799527 11129056

Excluding Effective Hedging Transactions Related to the Company’s

Ordinary Business

Reversal of Impairment Provisions for Receivables Subject to Separate

Impairment Test 5012846 12963981

Gains and Losses from Debt Restructuring 1909664

Other Non-operating Income and Expenses Other Than the Above Items -3116306 -289592

Less: Income Tax Impact 3466980 10177040

Non-controlling Interests’ Impact (After Tax) 270314 2506282

Total 26237148 74791766 --

Details of other profit and loss items meeting the definition of non-recurring profit and loss:

□Applicable□Not applicable

The Company has no other profit and loss items meeting the definition of non-recurring profit and loss.Explanation on Classification as Recurring Profit and Loss Items of Non-recurring Profit and Loss Items Listed in the

Explanatory Announcement No.1 on Information Disclosure by Companies Offering Securities to the Public—Non-

recurring Profit and Loss

CSG HOLDING CO. LTD. The Third Quarter Report 2026

□Applicable□Not applicable

The Company has no circumstances where non-recurring profit and loss items listed in the Explanatory

Announcement No.1 on Information Disclosure by Companies Offering Securities to the Public—Non-recurring

Profit and Loss are classified as recurring profit and loss items.(III) Explanation of Changes in Key Accounting Data and Financial Indicators

□Applicable □Not applicable

Unit: RMB

Balance Sheet Items Notes 30 September 2026 31 December 2025 Change Rate

Financial assets held for trading (1) 340000000 230000000 48%

Prepayments (2) 58528112 134771994 -57%

Assets Held for Sale (3) 5262859 -100%

Long-term Receivables (4) 5471063

Construction in Progress (5) 554186370 4420551577 -87%

Deferred Tax Assets (6) 501016683 368236650 36%

Other Non-current Assets (7) 699027026 192896549 262%

Short-term Borrowings (8) 689053223 1158648329 -41%

Taxes Payable (9) 96522353 73812602 31%

Long-term Payables (10) 865328772 594270580 46%

Income Statement Items Notes January–September 2026 January–September 2025 Change Rate

Financial Expenses (11) 204215736 145467541 40%

Other Income (12) 71785134 113933376 -37%

Investment Income (13) -531285 -10518093 -95%

Impairment Losses on Assets (14) -126966985 -56738340 124%

Credit Impairment Losses (15) -24505162 5380563 -555%

Gains on Disposal of Assets (16) 4642964 2771964 67%

Non-operating Expenses (17) 11382115 3918194 190%

Income Tax Expense (18) -102469126 -2659442 3753%

Other Comprehensive Income Net of Tax (19) -21979698 -4284090 413%

Notes:

（1）The increase in financial assets held for trading was mainly due to increased purchases of structured deposits.

（2）The decrease in prepayments was mainly attributable to the receipt of goods for which prepayments had been made and

other factors.

（3）The decrease in assets held for sale was mainly due to the disposal of assets held for sale.

（4）The increase in long-term receivables was mainly due to the disposal of assets held for sale.

（5）The decrease in construction in progress was mainly due to the transfer of construction in progress to fixed assets by some

subsidiaries.

（6）The increase in deferred tax assets was mainly due to the recognition of additional deferred tax assets in respect of losses.

（7）The increase in other non-current assets was mainly due to the increase in large-denomination certificates of deposit with a

term of more than one year.

（8）The decrease in short-term borrowings was mainly due to the repayment of matured short-term borrowings during the period.

CSG HOLDING CO. LTD. The Third Quarter Report 2026（ 9） The increase in taxes payable was mainly due to the increase in income tax property tax and other taxes of some

subsidiaries.

（10）The increase in long-term payables was mainly due to the increase in finance leases.

（11）The increase in financial expenses was mainly due to the rise in interest expenses and other items.

（12）The decrease in other income was mainly due to the reduction of government subsidies received.

（13）The change in investment income was mainly attributable to the increase in wealth management income and other changes.

（14）The increase in impairment losses was mainly due to an increase in the provision for inventory write-downs recognized

during the period.

（15）The increase in credit impairment losses was mainly due to an increase in the loss allowance for receivables recognized

during the period.

（16）The increase in gains on disposal of assets was mainly because gains arising from disposal of non-current assets rose in the

current period while the amount in the prior period was relatively low.（ 17）The increase in non-operating expenses was mainly due to the rise in compensation payments and other expenses of

subsidiaries.

（18）The change in income tax expense was mainly due to the reduction in total profit of some subsidiaries.（ 19） The change in other comprehensive income net of tax was mainly due to changes in foreign currency translation

differences.II. Shareholder Information

(I) Table of Total Number of Common Shareholders Number of Preferred Shareholders with Restored

Voting Rights and Shareholdings of the Top Ten Shareholders

Unit: Share(s)

Total Number of Preferred

Total Number of Common Shareholders at Shareholders with Restored

the End of the Reporting Period 136573 Voting Rights at the End of 0

the Reporting Period (if any)

Shareholdings of the Top 10 Shareholders (excluding shares lent through securities refinancing)

Pledge Mark or

Number of

Nature of Shareholding Number of Freeze Status

Name of Shareholder Restricted

Shareholder Percentage Shares Held

Shares Held Share Number

Status

Foresea Life Insurance Co. Ltd.- Domestic Non-state-

HailiNiannian owned Legal Person

15.33% 466386874 0 N/A 0

Shenzhen Liye Group Limited Domestic Non-state-owned Legal Person 3.94% 120000000 0 N/A 0

Foresea Life Insurance Co. Ltd.-Universal Domestic Non-state-

Insurance Products owned Legal Person 3.89% 118425007 0 N/A 0

Foresea Life Insurance Co. Ltd.-Own Fund Domestic Non-state-owned Legal Person 2.13% 64765161 0 N/A 0

China Galaxy International Securities (Hong

Kong) Co. Limited Foreign Legal Person 1.35% 41034578 0 N/A 0GUOTAI JUNAN SECURITIES（HONG Foreign Legal Person 1.22% 37252071 0 N/A 0KONG） LIMITED

Hong Kong Securities Clearing Co. Ltd. Foreign Legal Person 0.92% 27929287 0 N/A 0

China Merchants Securities (HK) Co. Foreign Legal Person 0.58% 17561858 0 N/A 0

Limited

VANGUARD TOTAL INTERNATIONAL Foreign Legal Person 0.58% 17537213 0 N/A 0

STOCK INDEX FUND

CSG HOLDING CO. LTD. The Third Quarter Report 2026

NORGES BANK Foreign Legal Person 0.52% 15766387 0 N/A 0

Shareholdings of the Top 10 Shareholders Holding Unrestricted Shares

(excluding shares lent through securities refinancing and shares locked up by senior management)

Number of Unrestricted Type and Quantity of Shares

Name of Shareholder

Shares Held Type of Shares Number

Foresea Life Insurance Co. Ltd.-HailiNiannian 466386874 RMB Ordinary Shares 466386874

Shenzhen Liye Group Limited 120000000 RMB Ordinary Shares 120000000

Foresea Life Insurance Co. Ltd.-Universal Insurance Products 118425007 RMB Ordinary Shares 118425007

Foresea Life Insurance Co. Ltd.-Own Fund 64765161 RMB Ordinary Shares 64765161

China Galaxy International Securities (Hong Kong) Co. Limited Domestically Listed41034578 41034578

Foreign Shares

Domestically Listed

GUOTAI JUNAN SECURITIES（HONG KONG） LIMITED 37252071 37252071Foreign Shares

Hong Kong Securities Clearing Co. Ltd. 27929287 RMB Ordinary Shares 27929287

Domestically Listed

China Merchants Securities (HK) Co. Limited 17561858 17561858

Foreign Shares

VANGUARD TOTAL INTERNATIONAL STOCK INDEX Domestically Listed

17537213 17537213

FUND Foreign Shares

Domestically Listed

NORGES BANK 15766387 15766387

Foreign Shares

As of the end of the reporting period among the above

shareholders it is known that Foresea Life Insurance Co. Ltd. –

Explanation of Associated Relationships or Acting in Concert

HailiNiannian Foresea Life Insurance Co. Ltd. - Universal

among the Above Shareholders

Insurance Products and Foresea Life Insurance Co. Ltd. - Own

Funds are all held by Foresea Life Insurance Co. Ltd.Explanation on the Participation of the Top 10 Shareholders in

-

Margin Financing and Securities Lending (if any)

Note: Among the top 10 shareholders CSG Holding Co. Ltd. has a repurchase special securities account which as

required is not included in the list of top 10 shareholders. As of 30 September 2026 the Company had repurchased

an aggregate of 52838338 A shares through the repurchase special securities account by way of centralized bidding

trading representing 1.74% of the Company’s total share capital.Information on Lending of Shares under the Refinancing Business by Shareholders with 5% or More Shareholding

the Top 10 Shareholders and the Top 10 Unrestricted Tradable Shareholders

□Applicable□Not applicable

Changes in the Shareholdings of the Top 10 Shareholders and the Top 10 Unrestricted Tradable Shareholders due to

the Lending and Return of Shares under the Refinancing Business as Compared with the Prior Period

□Applicable□Not applicable

(II) Number of Preferred Shareholders of the Company and Shareholding of the Top 10 Preferred

Shareholders

□Applicable□Not applicable

CSG HOLDING CO. LTD. The Third Quarter Report 2026

III. Other Significant Events

□Applicable □Not applicable

1. Ultra-Short-term Financing Bills

On 16 May 2022 the Company’s 2021 Annual General Meeting reviewed and approved the Proposal on the

Application for Registration and Issuance of Medium-term Notes and Ultra Short-term Financing Bills approving the

Company’s registration and issuance of ultra short-term financing bills with a registered amount of no more than

RMB 1.0 billion. The Company may issue the bills in one or multiple tranches within the registration validity period

based on actual capital demand and the capital conditions of the inter-bank market.On 25 April 2025 the Company

issued the first tranche of 2025 ultra short-term financing bills (sci-tech innovation bills) with a total amount of RMB

300 million and a term of 270 days at an issuance rate of 2.27% which were fully redeemed on 23 January 2026. On

26 June 2026 the Company’s 2025 Annual General Meeting reviewed and approved the Proposal on the Application

for Registration and Issuance of Medium-term Notes and Ultra Short-term Financing Bills approving the Company’s

registration and issuance of ultra short-term financing bills with a registered amount of no more than RMB 1.0 billion.The Company may issue the bills in one or multiple tranches within the registration validity period based on actual

capital demand and the capital conditions of the inter-bank market.

2. Medium-term Notes

On 26 June 2026 the Company’s 2025 Annual General Meeting reviewed and approved the Proposal on the

Application for Registration and Issuance of Medium-term Notes and Ultra Short-term Financing Bills approving the

Company’s registration and issuance of medium-term notes with a registered amount of no more than RMB 1.0

billion. The Company may issue the notes in one or multiple tranches within the registration validity period based on

actual capital demand and the capital conditions of the inter-bank market.

3. Guarantee Information

The Company’s 2025 Annual General Meeting reviewed and approved the Proposal on the 2026?year Guarantee

Plan. It approved that the Company and its subsidiaries may provide guarantees for the credit lines granted by

financial institutions to guaranteed?enterprises within the consolidated?statements scope in 2026 with an aggregate

ceiling of RMB 26.0 billion (including effective and unexpired credit?line quotas). Amongst the above the total

guarantee cap for guaranteed enterprises with a debt?to?asset ratio of 70% or above shall not exceed RMB 7.5 billion

(including effective and unexpired credit?line quotas). All external guarantees issued by the Company are furnished

to its subsidiaries under the consolidated?reporting scope. As at 30 September 2026 the outstanding balance of

guarantees actually provided amounted to RMB 8499.39 million (of which RMB 2551.53 million related to entities

with a debt-to-asset ratio of 70% or above) accounting for 64.66% of the net assets attributable to shareholders of the

parent company of RMB 13145.4890 million as at the end of 2025 and 27.15% of total assets of RMB 31305.0288

million. The Company had no overdue guarantees.The Company’s 2024 Annual General Meeting passed the Proposal on the Implementation of Asset?Pool Business.To facilitate centralized administration over bills letters of credit and other held?assets the general?meeting

authorised the Company and subsidiaries to conduct asset?pool?related business with a maximum scale of RMB 2.0

billion. Multiple security forms including maximum?amount pledge general pledge deposit?certificate pledge bill

pledge and cash?deposit pledge are permitted for business operations on condition that risks remain controllable. As

at 30 September 2026 the actual amount pledged under the asset pool business was RMB 685.26 million and the

outstanding financing balance was RMB 682.55 million.CSG HOLDING CO. LTD. The Third Quarter Report 2026

4. Matters regarding the RMB 171 Million Special Fund for Talent Introduction

In relation to the matters of the RMB 171 million special fund for talent introduction the Company filed a tort

compensation lawsuit against Zeng Nan and other relevant parties as well as Yichang Hongtai Real Estate Co. Ltd.on 15 December 2021. The case was officially accepted by the Shenzhen Intermediate People’s Court on 28 January

2022 and its first-instance hearing was concluded at the Shenzhen Intermediate People’s Court on 21 June 2022. On

4 June 2024 the Company received the first-instance Civil Judgment rendered by the Shenzhen Intermediate People’s

Court which dismissed all claims of the Company. In June 2024 the Company filed an appeal with the Guangdong

Higher People’s Court and the second-instance hearing was held at the Guangdong Higher People’s Court on 12

September 2024. On 3 December 2025 the Company received the second-instance Civil Judgment rendered by the

Guangdong Higher People’s Court which dismissed the appeal and upheld the original judgment. The Company

holds that the effective judgment contains errors in the determination of basic facts and application of laws. To

safeguard its legitimate rights and interests the Company applied to the Supreme People’s Court for a retrial in May

2026. In July 2026 the Supreme People’s Court accepted the application and the case is currently under case-filing

review.

5. Deferred Re-election of the Board of Directors

The term of office of the Company’s 9th Board of Directors expired on 21 May 2023 and the re-election work is

proceeding steadily as of the date hereof. Pursuant to Article 100 of the Articles of Association of CSG Holding Co.Ltd. where directors are not re-elected in a timely manner upon expiry of their term of office the incumbent directors

shall continue to perform their duties in accordance with laws administrative regulations departmental rules and

these Articles of Association until the newly elected directors take office. Accordingly members of the 9th Board of

Directors continue to perform their duties normally. The re-election of the board will not have any adverse impact on

the Company’s business operations corporate governance or other aspects.

6. Share Repurchase Matters

The Company held an Interim Meeting of the Ninth Board of Directors and the First Extraordinary General

Shareholders' Meeting of 2025 on 13 February 2025 and 4 March 2025 respectively. The meetings reviewed and

approved the Proposal on the Buyback of Certain RMB Ordinary Shares (A Shares) and Domestically Listed

Foreign Shares (B Shares) of the Company authorizing the Company to use its own funds and self-pooled funds

(including special buyback loan from commercial bank) to buyback certain RMB ordinary shares (A Shares) and

domestically listed foreign shares (B Shares) through the Shenzhen Stock Exchange trading system in a centralized

bidding process. The total amount of funds used for the buyback of A shares will be no less than RMB 243 million

and no more than RMB 485 million including transaction fees and other related expenses; and the total amount of

funds used for the buyback of B shares will be no less than HKD 50 million and no more than HKD 100 million

including foreign exchange purchases transaction fees and other related expenses. The buyback price of A shares

will not exceed RMB 7.60 per share and the buyback price of B shares will not exceed HKD 3.13 per share. All A

shares bought back by the Company will be used for equity incentives or employee stock ownership plans

(implementation of which requires approval from the Company's Board of Directors and general shareholders'

meeting). All B shares bought back will be retired. The buyback period is twelve months from the date the buyback

plan is approved by the Company's general shareholders' meeting. For details please refer to the Report on the

Buyback of Certain RMB Ordinary Shares (A Shares) and Domestically Listed Foreign Shares (B Shares) of the

Company disclosed on 25 March 2025 on www.cninfo.com.cn.After the implementation of the Company's 2024 annual equity distribution the upper limit of the Company's

buyback price of A shares has been adjusted from no more than RMB 7.60 per share to no more than RMB 7.53 per

share. The estimated buyback quantity after the adjustment will be no less than 44443773 shares and no more than

CSG HOLDING CO. LTD. The Third Quarter Report 2026

76581887 shares. The buyback price of B shares has been adjusted from no more than HKD 3.13 per share to no

more than HKD 3.05 per share. The estimated buyback quantity after the adjustment will be no less than

22139398 shares and no more than 38532841 shares.

As of March 4 2026 the Company has fully implemented its current share repurchase program. Through its

dedicated securities account for share repurchases the Company conducted centralized competitive trading to acquire

a total of 52838338 A-share shares and 28223296 B-share shares representing an aggregate 2.6398% of the

Company’s total issued share capital. The highest transaction price for repurchasing A-share stocks was 5.04 yuan

per share the lowest was 4.54 yuan per share and the average price was 4.73 yuan per share. The total amount of

funds paid was RMB 249974737.84 (excluding stamp duty transaction commissions etc. for transactions). The

highest transaction price for repurchasing B-share stocks was 1.94 Hong Kong dollars per share the lowest was 1.65

Hong Kong dollars per share and the average price was 1.81 Hong Kong dollars per share. The total amount of funds

paid was HKD 50989016.13 (excluding stamp duty transaction commissions etc. for transactions). For detailed

information please refer to the "Announcement on the Expiration of the Repurchase Period and the Implementation

Results of the Repurchase" (Announcement No.: 2026-005) disclosed by the company on the Juchao Information

Network (www.cninfo.com.cn) on March 5 2026.According to the provisions of the "Report on Repurchasing Part of the Company's Renminbi Ordinary Shares (A

Shares) and Domestic-Listed Foreign-Currency Shares (B Shares)" all the B shares repurchased this time will be

completely cancelled. As of March 12 2026 the Company has completed the cancellation procedures for the

28223296 B-share shares that were repurchased at the Shenzhen Branch of China Securities Depository and

Clearing Corporation Limited. After the completion of this share repurchase and cancellation the total share capital

of the Company decreased from 3070692107 shares to 3042468811 shares.IV. Quarterly Financial Statements

(I) Financial Statements

1. Consolidated Balance Sheet

Prepared by: CSG Holding Co. Ltd

30 September 2026

Unit: RMB

Item Balance at the end of period Balance at the beginning of period

Current Assets:

Cash and Cash Equivalents 3561616476 3141975147

Financial Assets Held for Trading 340000000 230000000

Notes Receivable 1160260213 1420061226

Accounts Receivable 1744194298 1802165051

Receivables Financing 520797506 533418878

Prepayments 58528112 134771994

Other Receivables 67623579 54386121

Inventories 2415670388 1969149555

Assets Held for Sale 5262859

Other Current Assets 459039034 474226753

CSG HOLDING CO. LTD. The Third Quarter Report 2026

Total Current Assets 10327729606 9765417584

Non-current Assets:

Long-term Receivables 5471063

Investment Property 295886689 286145387

Fixed Assets 17067663795 13897777933

Construction in Progress 554186370 4420551577

Right-of-use Assets 74051455 64277229

Intangible Assets 2139407771 2238041467

Goodwill 3039946 3039946

Long-term Deferred Expenses 60345918 68644513

Deferred Tax Assets 501016683 368236650

Other Non-current Assets 699027026 192896549

Total Non-current Assets 21400096716 21539611251

Total Assets 31727826322 31305028835

Current Liabilities:

Short-term Borrowings 689053223 1158648329

Notes Payable 2690617667 2557712651

Accounts Payable 2374588444 2769745963

Contract Liabilities 384666539 369377265

Employee Benefits Payable 253730437 329941978

Taxes Payable 96522353 73812602

Other Payables 407197971 369513739

Including: Interest Payable 9293947 13362151

Dividends Payable 34482724 34482724

Current Portion of Non-current Liabilities 2397842303 1881828060

Total Current Liabilities 336576134 320616877

Total Current Liabilities 9630795071 9831197464

Non-current Liabilities:

Long-term Borrowings 7944137316 6882862147

Lease Liabilities 22759931 23057883

Long-term Payables 865328772 594270580

Provisions 20143288 27378869

Deferred Income 277244216 301071111

Deferred Tax Liabilities 87899390 90503199

Total Non-current Liabilities 9217512913 7919143789

Total Liabilities 18848307984 17750341253

Equity:

Share Capital 3042468811 3070692107

Capital Surplus 572217440 590739414

Less: Treasury Shares 250024757 296770027

CSG HOLDING CO. LTD. The Third Quarter Report 2026

Other Comprehensive Income 128837210 150816908

Special Reserve 7952458 6302910

Surplus Reserve 1534714228 1534714228

Retained Earnings 7440515822 8088993418

Total Equity Attributable to Owners of the Parent

12476681212 13145488958

Company

Non-controlling Interests 402837126 409198624

Total Equity 12879518338 13554687582

Total Liabilities and Equity 31727826322 31305028835

Legal representative: Chen Lin Principal in charge of accounting: Wang Wenxin

Head of accounting department: Wang Wenxin

2. Consolidated Statement of Profit or Loss from the Beginning of the Year to the End of the Reporting Period

Unit: RMB

Item Amount for the current period Amount for the sameperiod of the prior year

I. Total operating revenue 9119909530 10424014383

Including: Operating Revenue 9119909530 10424014383

II. Total Operating Costs 9741780163 10357987887

Including: Cost of Sales 8369776868 8977402336

Taxes and Surcharges 113410328 103579922

Selling Expenses 173633182 220446463

Administrative Expenses 510137643 511535397

Research and Development Expenses 370606406 399556228

Financial Expenses 204215736 145467541

Including: Interest Expense 202567242 178085917

Interest Income 21585681 32882434

Add: Other Income 71785134 113933376

Investment Income (losses are indicated with a “-” sign) -531285 -10518093

Credit Impairment Losses (losses are indicated with a “-” sign) -24505162 5380563

Impairment Losses (losses are indicated with a “-” sign) -126966985 -56738340

Gains on Disposal of Assets (losses are indicated with a “-” sign) 4642964 2771964

III. Operating Profit (losses are indicated with a “-” sign) -697445967 120855966

Add: Non-operating Income 13812471 19565837

Less: Non-operating Expenses 11382115 3918194

IV. Total Profit (total losses are indicated with a “-” sign) -695015611 136503609

Less: Income Tax Expense -102469126 -2659442

V. Net Profit (net losses are indicated with a “-” sign) -592546485 139163051

(I) Classified by Continuity of Operations

1. Net Profit from Continuing Operations (net losses are indicated

-592546485 139163051

with a “-” sign)

(II) Classified by Ownership Attribution

CSG HOLDING CO. LTD. The Third Quarter Report 2026

1. Net Profit Attributable to Owners of the Parent Company (net

-588684987 150395724

losses are indicated with a “-” sign)

2. Profit or Loss Attributable to Non-controlling Interests (net

-3861498 -11232673

losses are indicated with a “-” sign)

VI. Other Comprehensive Income Net of Tax -21979698 -4284090

Other Comprehensive Income Attributable to Owners of the Parent

-21979698 -4284090

Company Net of Tax

(I) Other Comprehensive Income That Will Be Reclassified to

-21979698 -4284090

Profit or Loss

1. Foreign Currency Translation Differences -22039927 -4284090

2. Others 60229

VII. Total Comprehensive Income -614526183 134878961

(I) Total Comprehensive Income Attributable to Owners of the Parent

-610664685 146111634

Company

(II) Total Comprehensive Income Attributable to Non-controlling

-3861498 -11232673

Interests

VIII. Earnings Per Share:

(I) Basic Earnings Per Share -0.20 0.05

(II) Diluted Earnings Per Share -0.20 0.05

Legal representative: Chen Lin Principal in charge of accounting: Wang Wenxin

Head of accounting department: Wang Wenxin

3. Consolidated cash flow statement from the beginning of the year to the end of the report period

Unit: RMB

Item Balance of this period Balance of last period

I. Net cash flow from business operation

Cash received from sales of products and providing of services 9456747278 10482295306

Tax returned 49845818 26747990

Other cash received from business operation 204995079 101082321

Sub-total of cash inflow from business activities 9711588175 10610125617

Cash paid for purchasing of merchandise and services 7165151725 7639974918

Cash paid to employee or paid for staffs 1473281764 1465205737

Taxes paid 383593069 370002648

Other cash paid for business activities 245030338 302478806

Sub-total of cash outflow from business activities 9267056896 9777662109

Net cash flow generated by business operation 444531279 832463508

II. Cash flow generated by investing

Cash received from investment recovery 3709713832 3230454000

Cash received from investment income 6246641 4458484

Net cash retrieved from disposal of fixed assets intangible assets and

14456989 7229808

other long-term assets

Sub-total of cash inflow due to investment activities 3730417462 3242142292

Cash paid for construction of fixed assets intangible assets and other

633746865 880718251

long-term assets

Cash paid for investment 4300424140 3251043598

CSG HOLDING CO. LTD. The Third Quarter Report 2026

Other cash paid for investment activities 51129515 118475883

Sub-total of cash outflow due to investment activities 4985300520 4250237732

Net cash flow generated by investment -1254883058 -1008095440

III. Cash flow generated by financing

Cash received as loans 3784467869 3979328185

Other financing-related cash received 327398039 283231862

Subtotal of cash inflow from financing activities 4111865908 4262560047

Cash to repay debts 2463373619 3795257602

Cash paid as dividend profit or interests 270879173 414247410

Among them: dividends and profits distributed by the subsidiary to

2500000

minority shareholders

Other cash paid for financing activities 226106526 392433800

Subtotal of cash outflow due to financing activities 2960359318 4601938812

Net cash flow generated by financing 1151506590 -339378765

IV. Influence of exchange rate alternation on cash and cash equivalents -20360542 3580953

V. Net increase of cash and cash equivalents 320794269 -511429744

Plus: Balance of cash and cash equivalents at the beginning of term 2981170323 3367873386

VI. Balance of cash and cash equivalents at the end of term 3301964592 2856443642

Legal representative: Chen Lin Principal in charge of accounting: Wang Wenxin

Head of accounting department: Wang Wenxin

(II) Implementation of new accounting standards for the first time starting from 2026 and

adjustment of the relevant items in the financial statements at the beginning of the year for

the first implementation

□Applicable□Not applicable

(III) Report of the Auditors

Whether the Third Quarter Report has been audited or not

□ Yes □ No

The Third Quarter Report hasn’t been audited.Board of Directors of

CSG Holding Co. Ltd.

29 October 2026