Summary of 2025 Interim Report of Konka Group Co. Ltd.Stock Code: 000016 200016 Stock Name: Konka Group-A Konka Group-B Announcement No. 2025-74
Bond Code: 133306 133333 Bond Name: 22 Konka 03 22 Konka 05
133759 133782 24 Konka 01 24 Konka 02
133783 134294 24 Konka 03 25 Konka 01
134334 25 Konka 03
Summary of 2025 Interim Report of Konka Group Co. Ltd.I. Important notes
This interim report summary is extracted from the full text of the interim report. In order to fully understand the
Company's operating results financial condition and future development plans investors should carefully read
the complete interim report through media designated by the China Securities Regulatory Commission.Except for the following director other directors attended the meeting of Board of Directors at which the interim
report was reviewed
Name of the Director Who Did Position of the Director Who Did Reason for Not Name of the
Not Attend in Person Not Attend in Person Attending in Person Attorney
Ye Xingbin Director On business trip Cao Shiping
Reminder of non-standard audit opinion
□ Applicable √ Not applicable
Profit distribution plan or plan for conversion of provident funds into share capital during the reporting period
deliberated by the board of directors
□ Applicable √ Not applicable
The Company plans not to distribute cash dividends issue bonus shares or convert capital reserve into share
capital for the year.Preferred share profit distribution plan for the reporting period approved by the resolution of the board of directors
□ Applicable √ Not applicable
II. Basic information of the Company
1. Company profile
Stock name Konka Group-A Konka Group-B Stock code 000016、200016
Stock exchange for stock
listing The Shenzhen Stock Exchange
Previous stock name (if any) None
Contact information Secretary of the Board of Directors Securities Representative
Name WU Jianjun (in an acting capacity) MIAO Leiqiang
Office of the Board of Directors 24/F Konka Office of the Board of Directors 24/F Konka
R&D Center 28 Keji South Twelfth Road R&D Center 28 Keji South Twelfth Road
Office address Science and Technology Park Yuehai Street Science and Technology Park Yuehai Street
Nanshan District Shenzhen Guangdong Nanshan District Shenzhen Guangdong
Province Province
Tel. 0755-26609138 0755-26609138
Email address szkonka@konka.com szkonka@konka.com
2. Key accounting data and financial indicators
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
1Summary of 2025 Interim Report of Konka Group Co. Ltd.
□ Yes √ No
The reporting period Same period lastyear Increase/decrease
Operating revenue (RMB) 5247507849.27 5412530372.47 -3.05%
Net profit attributable to the listed company’s shareholders
(RMB) -383328019.43 -1087581842.55 64.75%
Net profit attributable to the listed company’s shareholders
before non-recurring gains and losses (RMB) -1027502125.26 -1103078610.72 6.85%
Net cash generated from/used in operating activities (RMB) -675623430.93 -439338365.13 -53.78%
Basic earnings per share (RMB/share) -0.1592 -0.4517 64.76%
Diluted earnings per share (RMB/share) -0.1592 -0.4517 64.76%
Weighted average return on equity -18.13% -21.33% 3.20%
Change
End of the reporting End of the previous compared to the
period year end of the
previous year.Total assets (RMB) 29933487161.20 30412763900.34 -1.58%
Equity attributable to the listed company’s shareholders
(RMB) 1861904820.92 2369668838.10 -21.43%
3. Number of shareholders and shareholding ratios
Unit: share
Number of ordinary shareholders as at 151794 Number of preferred shareholders with resumed voting rightsthe end of the reporting period (if any) 0
Shareholdings of the top 10 shareholders (excluding shares lent through refinancing)
Sharehol Restrict Shares in pledge
Name of shareholder Nature of shareholder ding Number of ed marked or frozenpercenta shares held shares
ge held Status Number
Overseas Chinese Town Holdings
Company State-owned legal person 21.75% 523746932 0
CITIC SECURITIES BROKERAGE
(HONG KONG) CO. LTD. Foreign legal person 7.48% 180001110 0
GUOYUAN SECURITIES BROKER
(HK) CO. LTD. Foreign legal person 2.54% 61262343 0
HOLY TIME GROUP LIMITED Foreign legal person 2.34% 56289100 0
WANG Jingfeng Domestic natural person 1.12% 27001800 0
CHINA MERCHANTS
SECURITIES (HK) LIMITED Foreign legal person 0.80% 19309520 0
NAM NGAI Foreign natural person 0.69% 16660000 0
ZHAO Juan Domestic natural person 0.63% 15197650 0
LI Tao Domestic natural person 0.49% 11800000 0
HONG KONG SECURITIES
CLEARING COMPANY LTD. Foreign legal person 0.45% 10902363 0
The wholly-owned subsidiary of the major shareholder Overseas Chinese Town Holdings
Company Jialong Investment Co. Ltd. holds 180001110 common shares and 18360000
Related or acting-in-concert parties common stocks of the Company respectively through CITIC Securities Brokerage (Hong
among the shareholders above Kong) Co. Ltd. and China Merchants Securities (Hong Kong) Co. Ltd. Jialong Investment
Co. Ltd. and Overseas Chinese Town Holdings Company are persons acting in concert. It is
unknown whether other shareholders are related or act in concert.Description of shareholders The A-share shareholder WANG Jingfeng held 27001800 shares through the customer
participating in margin lending and credit trading secured securities account of Guotai Haitong Securities Co. Ltd. The A-share
securities lending business (if any) shareholder LI Tao held 11600000 shares through the customer credit trading securedsecurities account of Guotai Haitong Securities Co. Ltd.Participation of shareholders holding more than 5% of the shares the top 10 shareholders and the top 10
2Summary of 2025 Interim Report of Konka Group Co. Ltd.
shareholders of unrestricted tradable shares in refinancing business and lending shares
□ Applicable √ Not applicable
Changes of the top 10 shareholders and the top 10 shareholders of unrestricted tradable shares compared with the
previous period due to refinancing lending/repayment
□ Applicable √ Not applicable
4. Changes in the controlling shareholder or actual controller
Change of the controlling shareholder in the reporting period
□ Applicable √ Not applicable
None.To advance the specialized integration between central enterprises and optimize resource allocation on April 29
2025 Overseas Chinese Town Holdings Company (hereinafter referred to as "OCT Group") and its persons acting
in concert entered into a Share Transfer Agreement of Konka Group Co. Ltd. on Zero Consideration Basis with
Panshi Runchuang (Shenzhen) Information Management Co. Ltd. (hereinafter referred to as "Panshi Runchuang")
and Hemao Co. Ltd. both wholly-owned subsidiaries of China Resources Co. Ltd. (hereinafter referred to as
"China Resources") pursuant to which they plan to transfer all their shares in Konka Group Co. Ltd.(hereinafter
referred to as "the Company") to Panshi Runchuang and Hemao Co. Ltd. on a zero consideration basis. In July
2025 the aforementioned share transfer on a zero consideration basis was completed with the transfer of
ownership duly registered. Panshi Runchuang has become the controlling shareholder of the Company and the de
facto controller has changed to China Resources Co. Ltd. while the ultimate de facto controller remains the
State-owned Assets Supervision and Administration Commission of the State Council (SASAC).Change of the actual controller during the reporting period:
□ Applicable √ Not applicable
None.
5. Total number of preferred shareholders of the Company and shares held by top 10 preferred
shareholders
□ Applicable √ Not applicable
There were no shareholdings of preferred shareholders during the reporting period.
6. Bonds as of the approval date of the interim report
√ Applicable □ Not applicable
(1) Basic information of bonds
Bond
Name Abbr. Code Issue date Due date balance Interest
(RMB'0000) rate
Privately placed corporate bonds to professional
investors in 2022 of Konka Group Co. Ltd. 22 Konka 133306 September September03 8 2022 8 2025 60000 3.30%(Tranche I) (Variety I)
Privately placed corporate bonds to professional
investors in 2022 of Konka Group Co. 22 Konka05 133333
October October
Ltd.(Tranche II) 18 2022 18 2025
600003.50%
Privately placed corporate bonds to professional
investors in 2024 of Konka Group Co. Ltd. 24 Konka 133759 January January 29 150000 4.00%
(Tranche I) 01 29 2024 2027
Privately placed corporate bonds to professional
investors in 2024 of Konka Group Co. Ltd. 24 Konka 133782 March 18 March 18 40000 4.00%
(Tranche II) (Variety I) 02 2024 2027
Privately placed corporate bonds to professional
investors in 2024 of Konka Group Co. Ltd. 24 Konka 133783 March 18 March 1803 2024 2027 40000 4.03%(Tranche II) (Variety II)
Privately placed corporate bonds to professional
investors in 2025 of Konka Group Co. Ltd. 25 Konka 134294 June 23 June 23
(Tranche I) (Variety I) 01 2025 2028
410003.50%
3Summary of 2025 Interim Report of Konka Group Co. Ltd.
Privately placed corporate bonds to professional
investors in 2025 of Konka Group Co. Ltd. 25 Konka
(Tranche II) (Variety I) 03 134334
July 4 July 4
20252028790002.80%
(2) Financial indicators as of the end of the reporting period
Item End of the reporting period End of the last year
Debt/asset ratio 94.60% 92.65%
Item The reporting period Same period last year
Times interest earned of EBITDA 1.22 -2.34
III. Important matters
During the reporting period the Company focused on its primary business development adhered to a long-term
value orientation optimized resource allocation and deepened lean management. It steadily advanced specialized
initiatives including marketing reform manufacturing efficiency improvement flagship product engineering and
asset revitalization. These efforts resulted in gradual enhancement of specialized capabilities continuous
reduction in costs and expenses and overall operational improvement. However the Company reported a net loss
for the first half of 2025 due to the following factors:
1. During the first half of 2025 the consumer electronics industry in which the Company operates continued to
experience intensifying competition. Coupled with slower-than-expected new product launches and a product
portfolio that failed to effectively align with national subsidy policies the business incurred certain gross profit
losses from phasing out non-tier-1 energy efficiency products. Although overall expenses were reduced year-on-
year gross profit generation remained insufficient to cover operating expenses resulting in the consumer
electronics segment maintaining a loss position.
2. During the first half of 2025 although the Company's semiconductor business achieved certain breakthroughs
in technological R&D it remains in the initial stage of industrialization and has not yet achieved scaled
production or profitability. Consequently the semiconductor business segment continued to operate at a loss.
3. During the first half of 2025 pursuant to the prudence principle the Company made a provision for asset
impairment of approximately RMB 202 million in accordance with accounting policies and estimates.
4. During the first half of 2025 the Company maintained a relatively high level of interest-bearing debt resulting
in substantial financial cost burdens. The total financial expenses reached RMB 310 million during the reporting
period.To advance the specialized integration between central enterprises and optimize resource allocation on April 29
2025 Overseas Chinese Town Holdings Company and its persons acting in concert entered into a Share Transfer
Agreement of Konka Group Co. Ltd. on Zero Consideration Basis with Panshi Runchuang (Shenzhen)
Information Management Co. Ltd. (hereinafter referred to as "Panshi Runchuang") and Hemao Co. Ltd. both
wholly-owned subsidiaries of China Resources Co. Ltd. (hereinafter referred to as "China Resources") pursuant
to which they plan to transfer all their shares in the Company to Panshi Runchuang and Hemao Co. Ltd. on a zero
consideration basis. In July 2025 the aforementioned share transfer on a zero consideration basis was completed
with the transfer of ownership duly registered. Panshi Runchuang has become the controlling shareholder of the
Company and the actual controller has changed to China Resources Co. Ltd. while the ultimate actual controller
remains the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The
Company will expeditiously integrate into the system of China Resources deepen synergistic collaboration focus
on its core mandates and primary businesses forge core competitiveness and accelerate its transformation into an
enterprise distinguished by prominent primary businesses advanced technologies modern corporate governance
and exceptional operational performance.Konka Group Co. Ltd.Board of Directors
August 29 2025
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