Summary of Semi-Annual Report 2024

Shenzhen China Bicycle Company (Holdings) Limited

Summary of Semi-Annual Report 2024

I. Important Notice

The summary is abstract from full-text of semi-annual report for more details of operating results financial

condition and future development plan of the Company; investors should found in the full-text of semi-annual

report that published on media appointed by CSRC.All directors are attended the Board Meeting for report deliberation.Prompt of non-standard audit opinion

□Applicable□Not applicable

Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the

Board in the reporting period

□Applicable□Not applicable

The Company has no plans of cash dividend distributed no bonus shares and has no share converted from capital

reserve.Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period

□Applicable□Not applicable

II. Company information

1. Company Profile

Short form of the stock Zhonghua A Zhonghua B Stock Code 000017200017

Stock Exchange for listing Shenzhen Stock Exchange

Short form of the Stock before changed

N/A

(if applicable)

Person/Way to contact Secretary of the Board Rep. of security affairs

Name Sun Longlong Yu Xiaomin Zhong Xiaojin

8/F Shuibei Jinzuo Building No.89 Beili 8/F Shuibei Jinzuo Building No.89 Beili

Office add. North Road Cuizhu Street Luohu North Road Cuizhu Street Luohu

District Shenzhen District Shenzhen

Tel. 0755-28181688 0755-28181688

E-mail dmc@szcbc.com dmc@szcbc.com

2. Main accounting data and financial indexes

Whether it has retroactive adjustment or re-statement on previous accounting data or not

1Summary of Semi-Annual Report 2024

□Yes □No

Changes in the current

Same period of last period over the same

Current period

year period of previous year

(+-)

Operation revenue(RMB) 213499597.25 292999162.50 -27.13%

Net profit attributable to shareholders of the listed

5717642.694862298.9017.59%

company(RMB)

Net profit attributable to shareholders of the listed

company after deducting non-recurring gains and 4830419.17 4993367.34 -3.26%

losses(RMB)

Net cash flow arising from operating

-51328808.82-35364373.66-45.14%

activities(RMB)

Basic EPS(RMB/Share) 0.0083 0.0071 16.90%

Diluted EPS(RMB/Share) 0.0083 0.0071 16.90%

Weighted average ROE 1.83% 1.66% 0.17%

Increase/decrease in

current report-end over

End of current period End of last year

that of last period-

end(+-)

Total assets(RMB) 366376067.53 369677494.32 -0.89%

Net assets attributable to shareholder of listed

314478888.85308761246.161.85%

company(RMB)

3.Number of shareholders and particular about share holding

In Shares

Total preferred shareholders

with voting rights recovered at

Total common shareholders at end of the Period 64338 0

end of reporting period (if

applicable)

Top ten shareholders(Excludes shares lent through refinancing)

Information of shares

Proportion

Amount of pledged tagged or Nature of

Full name of Shareholders of shares Number of restricted frozen

shareholder shares held

held shares held Amou

State of share

nt

Domestic non-

Wansheng Industrial Holdings

state-owned legal 20.00% 137836986 137836986 Not applicable 0

(Shenzhen) Co. Ltd

person

Domestic non-

Shenzhen Guosheng Energy

state-owned legal 9.22% 63508747 0 Not applicable 0

Investment Development Co. Ltd.person

Foreign legal

UOB Kay Hian (Hong Kong) Limited 5.92% 40817329 0 Not applicable 0

person

Guosen Securities (HK) Brokerage Foreign legal

3.04% 20983693 0 Not applicable 0

Co. Ltd. person

China Merchants Securities (HK) Co. Foreign legal

2.99% 20594135 0 Not applicable 0

Ltd person

Shenwan Hongyuan Securities (Hong Foreign legal

1.20% 8279256 0 Not applicable 0

Kong) Co. Ltd. person

2Summary of Semi-Annual Report 2024

Domestic nature

Li Huili 0.56% 3891124 0 Not applicable 0

person

Domestic nature

Xu Hongbo 0.43% 2988619 0 Not applicable 0

person

Domestic nature

Zhang Youqing 0.42% 2915800 0 Not applicable 0

person

Special account for property disposal Domestic non-

of Shenzhen China Bicycle state-owned legal 0.38% 2602402 0 Not applicable 0

Company(Holdings) Co. Ltd. person

Li Huili spouse of Ji Hanfei the actual controller of Shenzhen

Guosheng Energy Investment Development Co. Ltd. holding B-share

of the Company on behalf of Shenzhen Guosheng Energy Investment

Explanation on associated relationship among the aforesaid Development Co. Ltd. other than that the Company does not know

shareholders whether the other outstanding shareholders are related and whether the

shareholders belong to persons acting in concert regulated in the

Administration of Disclosure of Information on the Change of

Shareholders in Listed Companies.Shareholders involving margin business (if applicable) N/A

Note 1: UOB Kay Hian (Hong Kong) Limited is a licensed corporation under the Hong Kong Securities and Futures Ordinance

providing securities brokerage services to retail and institutional clients. Its main business is brokerage of Hong Kong stocks and it

also provides securities brokerage and services in overseas markets. According to the email sent by UOB Kay Hian (Hong Kong)

Limited as of June 30 2024 UOB Kay Hian (Hong Kong) Limited.held 40817329 B shares of Shenzhen China Bicycle for three

retail customers. Although the shareholding ratio has reached 5.92% that of a single customer did not exceed 5% and the three retail

customers were not acting in concert an did not hold the shares of Shenzhen China Bicycle on other platforms.Information of shareholders holding more than 5% of the shares the top 10 shareholders and the top 10

shareholders of unrestricted tradable shares participating in the lending of shares in securities lending and

borrowing business

□ Applicable √ Not applicable

The top 10 shareholders and the top 10 shareholders of unrestricted tradable shares have changed compared

with the previous period due to the securities lending/returning

□ Applicable √ Not applicable

4. Changes in controlling shareholders or actual controllers

Change of controlling shareholder during the reporting period

□Applicable□Not applicable

The Company had no change of controlling shareholder during the reporting period

Change of actual controller during the reporting period

□Applicable□Not applicable

The Company had no change of actual controller during the reporting period

5. Total preferred stock shareholders of the Company and shares held by top ten shareholders with

preferred stock held

□Applicable□Not applicable

The Company had no preferred stock shareholders during the reporting period

6. Bonds in existence as of the approval date of the semi-annual report

□Applicable□Not applicable

3Summary of Semi-Annual Report 2024

III. Important events

1. Matters related to performance commitment

According to the Cooperation Agreement signed by the company with Wansheng Industrial and Grand

Sunergy on December 14 2020 and the unqualified audit report with the report number of GXS Zi [2024]

No.23014760012 issued by Huaxing Certified Public Accountants LLP (special general partnership) on April 19

2024 in 2023 the net profit attributable to the owners of the parent company in Shenzhen China Bicycle was

RMB 17901948.24 and the actual completion was lower than the performance commitment by RMB

30000000 and the completion rate of performance commitment was 59.67% which failed to meet the

performance commitment target. According to the performance commitment Wansheng Industrial shall pay the

company RMB 12098051.76 in cash for the 2023 annual performance compensation within ten working days

after the issuance of the 2023 annual audit report of Shenzhen China Bicycle. On April 29 2024 the company

received performance compensation of RMB 12098051.76 from Wansheng Industrial and Wansheng

Industrial fulfilled its performance compensation obligations in 2023 in accordance with the Cooperation

Agreement. For details please refer to the Announcement on Completion of 2023 Annual Performance

Commitment of Wansheng Industrial Holdings (Shenzhen) Co. Ltd. and the Announcement on Receiving

Performance Compensation disclosed by the company on CNINF on April 23 and April 30 2024.The Board of Directors of Shenzhen China Bicycle Company (Holdings) Limited

23 August 2024

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