Konka Group Co. Ltd. Interim Report 2022 (Summary)

Stock Code: 000016 200016 Stock Name: Konka Group-A Konka Group-B Announcement No. 2022-75

Bond Code: 114894 133003 Bond Name: 21 Konka 01 21 Konka 02

133040 149987 21 Konka 03 22 Konka 01

KONKA GROUP CO. LTD.INTERIM REPORT 2022 (SUMMARY)

Part I Important Notes

This Summary is based on the full Interim Report. In order for a full understanding of the operating

results financial condition and future development planning of the Company investors are kindly

reminded to read the full text carefully on the media designated by the China Securities Regulatory

Commission (the “CSRC”).All the Company’s directors have attended the Board meeting for the review of this Report and its

summary.Independent auditor’s modified opinion:

□ Applicable √ Not applicable

Board-approved interim cash and/or stock dividend plan for ordinary shareholders:

□ Applicable √ Not applicable

The Company has no interim dividend plan either in the form of cash or stock.Board-approved interim cash and/or stock dividend plan for preferred shareholders:

□ Applicable √ Not applicable

This Report and its summary have been prepared in both Chinese and English. Should there be any

discrepancies or misunderstandings between the two versions the Chinese versions shall prevail.Part II Key Corporate Information

1. Stock Profile

Stock name Konka Group-A Konka Group-B Stock code 000016 200016

Stock exchange for stock listing Shenzhen Stock Exchange

Changed stock name (if any) N/A

Contact information Board Secretary Securities Representative

Name Wu Yongjun Miao Leiqiang

Board Secretariat 24/F Konka R&D Center Board Secretariat 24/F Konka R&D Center

28 Keji South Twelfth Road Science and 28 Keji South Twelfth Road Science and

Office address

Technology Park Yuehai Street Nanshan Technology Park Yuehai Street Nanshan

District Shenzhen Guangdong Province District Shenzhen Guangdong Province

1Konka Group Co. Ltd. Interim Report 2022 (Summary)

China China

Tel. 0755-26609138 0755-26609138

E-mail address szkonka@konka.com szkonka@konka.com

2. Key Financial Information

Indicate by tick mark whether there is any retrospectively restated datum in the table below.□ Yes √ No

H1 2022 H1 2021 Change (%)

Operating revenue (RMB) 16895470276.81 21810161873.08 -22.53%

Net profit attributable to the listed company’s

172818438.8385449919.57102.25%

shareholders (RMB)

Net profit attributable to the listed company’s

shareholders before exceptional gains and losses -742356181.71 -710124637.85 -4.54%

(RMB)

Net cash generated from/used in operating

-419505205.36-1284761222.0367.35%

activities (RMB)

Basic earnings per share (RMB/share) 0.0718 0.0355 102.25%

Diluted earnings per share (RMB/share) 0.0718 0.0355 102.25%

Weighted average return on equity (%) 1.87% 1.01% 0.86%

30 June 2022 31 December 2021 Change (%)

Total assets (RMB) 39312730372.55 39874520771.26 -1.41%

Equity attributable to the listed company’s

9283431087.049095278436.412.07%

shareholders (RMB)

3. Shareholders and Their Holdings as at the End of the Reporting Period

Unit: share

Number of ordinary Number of preferred shareholders with resumed

85899

shareholders voting rights (if any)

Top 10 shareholders

Shareh Shares in pledge marked or

Nature of olding Number of Restricted frozen

Name of shareholder

shareholder percent shares shares

Status Shares

age

OVERSEAS CHINESE TOWN State-owned

21.75%5237469320

HOLDINGS COMPANY legal person

CITIC SECURITIES

Foreign

BROKERAGE (HONG KONG) 7.48% 180001110 0

legal person

CO. LTD.Domestic

WANG JINGFENG natural 4.63% 111411100 0

person

GUOYUAN SECURITIES Foreign

2.46%593003250

BROKER (HK) CO. LTD. legal person

Foreign

HOLY TIME GROUP LIMITED 2.38% 57289100 0

legal person

Foreign

GAOLING FUNDL.P. 2.19% 52801250 0

legal person

Foreign

NAM NGAI natural 0.96% 23176840 0

person

CHINA MERCHANTS State-owned

0.81%194297200

SECURITIES (HK) LIMITED legal person

BOCOM INTERNATIONAL Foreign

0.78%188960370

SECURITIES LIMITED legal person

HONG KONG SECURITIES Foreign

0.59%141429130

CLEARING COMPANY legal person

2Konka Group Co. Ltd. Interim Report 2022 (Summary)

LIMITED

Happy Bloom Investment Limited a wholly-owned subsidiary of the Company’s first majority

shareholder Overseas Chinese Town Holdings Company (OCT Group) holds 180001110 and

Related or acting-in-

18360000 ordinary shares in the Company respectively through CITIC Securities Brokerage (Hong

concert parties among

Kong) Co. Ltd. and China Merchants Securities (HK) Limited. Happy Bloom Investment Limited and

shareholders above

OCT Group are parties acting in concert. Other than that it is unknown whether the other shareholders

are related parties or acting-in-concert parties or not.Shareholders

Wang Jingfeng holds 111411100 A-shares in the Company through his securities account for customer

conducting margin

credit trading guarantee in Guotai Junan Securities Co. Ltd.trading (if any)

4. Change of Controlling Shareholder or Actual Controller in Reporting Period

Change of the controlling shareholder in the Reporting Period:

□ Applicable √ Not applicable

The controlling shareholder remained the same in the Reporting Period.Change of the actual controller in the Reporting Period:

□ Applicable √ Not applicable

The actual controller remained the same in the Reporting Period.

5. Number of Preferred Shareholders and Shareholdings of Top 10 of Them

□ Applicable √ Not applicable

No preferred shareholders in the Reporting Period.

6. Outstanding Bonds at the Date when this Report Was Authorized for Issue

√ Applicable □ Not applicable

(1) Basic Information of Bonds

Bonds balance Coupon

Name Abbr. Code Issue date Due date

(RMB’0000) rate

Privately placed corporate bonds in 2021 of Konka 8 January 8 January

21 Konka 01 114894 100000.00 4.46%

Group Co. Ltd (Tranche I) 2021 2024

Privately placed corporate bonds in 2021 of Konka

21 Konka 02 133003 21 May 2021 21 May 2024 50000.00 4.00%

Group Co. Ltd (Tranche II)

Privately placed corporate bonds in 2021 of Konka

21 Konka 03 133040 9 July 2021 9 July 2024 80000.00 3.95%

Group Co. Ltd (Tranche III)

Corporate bonds publicly offered to professional

investors in 2022 of Konka Group Co. Ltd. 22 Konka 01 149987 14 July 2022 14 July 2025 120000.00 3.23%

(Tranche I) (Variety I)

(2) Financial Indicators as at the End of the Reporting Period

Item 30 June 2022 31 December 2021

Debt/asset ratio 73.59% 74.42%

H1 2022 H1 2021

EBITDA-to-interest cover (times) 1.72 1.72

Part III Significant Events

In the Reporting Period the Company adhered to the development strategy of "Technology +

Business + Industrial Parks" and focused on the three core businesses of "New Consumer

3Konka Group Co. Ltd. Interim Report 2022 (Summary)

Electronics + Semiconductor + New Energy Technology" and the two supporting businesses of

“Industrial Parks + Investment” so as to promote the concentrated steady and high-quality

development of the Company.In order to continuously strengthen its competitiveness the Company kept consolidating the three-

level R&D system of "research institute - key laboratory - product R&D center" and continuously

strengthened R&D investment through independent innovation external cooperation and

technology introduction. In terms of the multimedia business the Key Technology of Intelligent

Terminal Integrating Information Equipment and Synergetic Interconnection of Beacon declared by

the Company won the second prize of Guangdong Science and Technology Progress Award;

APHAEA A6 Pro a newly launched intelligent scenario screen supports free screen splice in

multiple proportions and a variety of control methods well satisfying the needs of users for cross-

ecological scenarios. In terms of the white goods business the Control Methods for Temperature

Rectification of Air-cooled Refrigerator and the A Noise Control Method for Refrigerator Using

Frequency Conversion Compressor won the Science and Technology Achievement Award of Henan

Province; the newly developed air-cooled -86°C cryorefrigerator for civil use opened up the market

space of the Company's ultra-low temperature refrigeration products in such fields as medical

treatment military industry scientific research and transportation. In terms of the semiconductor

business the Company is actively promoting industrialization. By now the Company has built a

whole-process mass production line for Micro LED and the Micro LED chip has begun to enter the

stage of mass production and Mini LED is ready for mass production. Additionally Yancheng

Semiconductor Assembly & Test Base has achieved batch shipment.In the Reporting Period the white goods business of the Company achieved countertrend growth in

income scale through "Konka + Frestec" dual-brand operation and "refrigerators + washing

machines + air conditioners + freezers + kitchen appliances" full-category layout. Affected by

factors such as declining market demand fluctuating raw material price and fierce market

competition the profitability of the Company's multimedia business decreased.The Board of Directors

Konka Group Co. Ltd.

24 August 2022

4