特力B:2023年半年度报告（英文版）

Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.Shenzhen Tellus Holding Co. Ltd.Semi-annual Report 2023

August 2023

1Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Section I Important Notice Contents and Interpretations

The Board of Directors the Board of Supervisors and directors supervisors

and senior executives of the Company guarantee that the present semi-annual

report is true accurate and complete without false records misleading

statements or major omissions and undertake the joint and several legal

liabilities arising therefrom.Fu Chunlong head of the Company Huang Tianyang the person in charge

of accounting and Yu Taiping the person in charge of the accounting firm

(accountant in charge) declare to guarantee the truthfulness accuracy and

completeness of the financial report in this semi-annual report.All directors of the Company have attended the board meeting to review the

semi-annual report.The Company has described the potential risks in detail in this report.Investors are hereby kindly requested to pay attention to and read "X. Risks

Faced by the Company and Countermeasures" of "Section III Management

Discussion and Analysis" within this report.The Company has no plans to distribute cash dividends issue bonus shares

and transfer from capital surplus to share capital.

2Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Contents

Section I Important Notice Contents and Interpreta... 2

Section II Company Profile and Major Financial Ind... 6

Section III Management Discussion and Analysis ...... 9

Section IV Corporate Governance .................... 22

Section V Environmental and Social Responsibility .. 24

Section VI Important Matters ....................... 25

Section VII Changes in Shares and Shareholders ..... 36

Section VIII Preferred Shares ...................... 42

Section IX Relevant Information of Corporate Bonds.. 43

Section X Financial Report ......................... 44

3Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

List of Documents for Future Reference

I. Accounting statements signed and sealed by the legal representative the person in charge of accounting and the person in charge of

the accounting firm.II. Originals of all company documents and announcements that have been publicly disclosed during the reporting period.III. The above documents for future reference shall be kept at the Secretariat Office of the Board of Directors of the Company.

4Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Interpretations

Term refers to Interpretation

CSRC refers to China Securities Regulatory Commission

SZSE refers to Shenzhen Stock Exchange

China Securities Depository and

CSDC Shenzhen Branch refers to Clearing Corporation Limited Shenzhen

Branch

Company the Company and Tellus

refers to Shenzhen Tellus Holding Co. Ltd.Holding

Reporting Period This Reporting Period refers to FH 2023

State-owned Assets Supervision and

Shenzhen SASAC refers to Management Commission of Shenzhen

Municipal People's Government

SDG SDG Group and controlling Shenzhen Special Economic Zone

refers to

shareholder Development Group Co. Ltd.SIHC refers to Shenzhen Investment Holdings Co. Ltd.Shenzhen Jewelry Industry Service Co.Shenzhen Jewelry Company refers to

Ltd.Guorun and Guorun Gold refers to Guorun Gold Shenzhen Co. Ltd.Treasury Supply Chain Company and Shenzhen Tellus Treasury Supply Chain

refers to

Tellus Treasury Tech Co. Ltd.Shanghai Fanyue and Fanyue refers to Shanghai Fanyue Diamond Co. Ltd.Zhongtian Company refers to Shenzhen Zhongtian Industry Co. Ltd.Automobile Industry and Trade Shenzhen Automobile Industry and

refers to

Company Trade Co. Ltd.Shenzhen SDG Huari Automobile

SDG Huari refers to

Enterprise Co. Ltd.Shenzhen Huari Toyota Sales & Service

Huari Toyota refers to

Co. Ltd.Shenzhen Renfu Tellus Automobiles

Renfu Tellus refers to

Service Co. Ltd.Tellus Jewelry Building Jewelry

refers to Tellus Shui Bei Jewelry Building

Building

Tellus Jinzuan Building Jinzuan

refers to Tellus Jinzuan Trading Building

Building

Shenzhen International Jewelry and Jade

Comprehensive trade platform refers to

Comprehensive Trade Platform

5Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Section II Company Profile and Major Financial Indicators

I. Company Profile

Stock abbreviation Tellus A and Tellus B Stock code 000025 and 200025

Stock abbreviation before

N/A

change (if any)

Stock exchange on which the

Shenzhen Stock Exchange

shares are listed

Chinese name of the

Shenzhen Tellus Holding Co. Ltd.Company

Chinese abbreviation (if any) 特力 A

English name of the Company

ShenZhen Tellus Holding Co.Ltd.(if any)

English abbreviation (if any) N/A

Legal representative of the

Fu Chunlong

Company

II. Contact Person and Contact Information

Secretary of the Board of Directors Securities representative

Name Qi Peng Liu Menglei

3F Tellus Building 2nd Shuibei Road 3F Tellus Building 2nd Shuibei Road

Address

Luohu District Shenzhen Luohu District Shenzhen

Tel. (0755) 83989390 (0755) 88394183

Fax (0755) 83989386 (0755) 83989386

E-mail ir@tellus.cn liuml@tellus.cn

III. Other Information

1. Contact information

Whether the Company's registered address office address and postal code company website e-mail etc. have changed during the

reporting period

□ Applicable □ Not applicable

There was no change in the Company's registered address office address and postal code website e-mail etc. during the reporting

period. Please refer to the 2022 Annual Report for details.

2. Information disclosure and keeping location

Whether the information disclosure and keeping location have changed during the reporting period

□Applicable □ Not applicable

Website of the stock exchange for the Company to disclose its

Shenzhen Stock Exchange (http://www.szse.cn)

semi-annual report

Name and website of the newspapers for the Company to Securities Times and CNINFO (http://www.cninfo.com.cn)

6Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

disclose its semi-annual report

Location for keeping semi-annual report of the Company Secretary of the Board of Directors

3. Other relevant information

Whether other relevant information has changed during the reporting period

□ Applicable □ Not applicable

IV. Major Accounting Data and Financial Indicators

Whether the Company needs to retrospectively adjust or restate the accounting data for the previous years

□Yes □ No

Increase/decrease in the

Same period of the previous reporting period over the

Reporting period

year same period of the previous

year

Operating revenue (RMB) 704836410.94 250015152.23 181.92%

Net profit attributable to

shareholders of the listed 44139962.93 43480236.19 1.52%

company (RMB)

Net profit attributable to

shareholders of the listed

37650680.9331023156.3621.36%

company after deducting non-

recurring profit or loss (RMB)

Net cash flows from operating

-10241941.90-11318295.419.51%

activities (RMB)

Basic earnings per share

0.10240.10091.49%

(RMB/share)

Diluted earnings per share

0.10240.10091.49%

(RMB/share)

Weighted average return on net

2.89%3.00%-0.11%

assets

Increase/decrease at the end

End of the reporting of the reporting period as

End of the previous year

period compared with the end of the

previous year

Total assets (RMB) 2512971777.36 2232028554.57 12.59%

Net assets attributable to

shareholders of the listed 1537709193.28 1505638863.31 2.13%

company (RMB)

V. Discrepancy of Accounting Data under the Domestic and Foreign Accounting Standards

1. Discrepancy of net profit and net assets in the financial report disclosed simultaneously according to

international accounting standards and Chinese accounting standards

□ Applicable □ Not applicable

During the reporting period of the Company there is no discrepancy of net profit and net assets in the financial report disclosed

simultaneously according to international accounting standards and Chinese accounting standards.

7Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

2. Discrepancy of net profit and net assets in the financial report disclosed simultaneously according to

foreign accounting standards and Chinese accounting standards

□ Applicable □ Not applicable

During the reporting period of the Company there is no discrepancy of net profit and net assets in the financial report disclosed

simultaneously according to foreign accounting standards and Chinese accounting standards.VI. Non-recurring Profit or Loss Items and Amounts

□Applicable □ Not applicable

Unit: RMB

Item Amount Note

Government subsidies included in the current

profits and losses (except those closely related to

the Company's normal operations conforming to

4475465.94 Government subsidies

the state policies and regulations and enjoyed

persistently in line with certain standard ratings

or rations)

Except for the effective hedging activities related

to the Company’s ordinary activities profit or

loss arising from changes in fair value from

holding trading financial assets and trading

3220569.71 Wealth management income

financial liabilities and investment income from

disposal of trading financial assets and trading

financial liabilities and available-for-sale

financial assets

Mainly due to the early surrender of

Other non-operating revenue and expenses other

297499.01 lease and payment of liquidated damages

than the above

for house leasing

Less: effect on income tax 1998431.62

Effect on minority equity (after-tax) -494178.96

Total 6489282.00

Specific conditions of other profit or loss conforming to the definition of non-recurring profit or loss:

□ Applicable □ Not applicable

The Company has no other profit or loss conforming to the definition of non-recurring profit or loss.Explanation on defining the non-recurring profit or loss set out in the Explanatory Announcement No. 1 on Information Disclosure

for Companies Offering Securities to the Public - Non-Recurring Profit or Loss as recurring profit or loss

□ Applicable □ Not applicable

The Company does not define any non-recurring profit or loss as defined or listed in the Explanatory Announcement No. 1 on

Information Disclosure for Companies Offering Securities to the Public - Non-Recurring Profit or Loss as a recurring profit or loss

during the reporting period.

8Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Section III Management Discussion and Analysis

I. Main Business of the Company during the Reporting Period

I. The main businesses of the Company during the reporting period are jewelry service business and commercial operation and

management.

1. Jewelry service business: Shenzhen Jewelry Company carried out its business steadily and orderly in H1 this year. It proactively

expanded into new categories and services while hosting a total of 9 exhibitions. The cumulative value of import and export goods

reached RMB 1167 million indicating a YoY growth of 240%. The domestic sales revenue amounted to RMB 75.89 million reflecting

a YoY increase of 35.3%. Guorun Gold's main businesses include investment gold bar sales gold recovery gold purification/exchange

services etc. During the reporting period it continued to carry out business innovation including using intelligent recycling machines

to expand its C-end recycling business online and offline sales of investment products and building the cooperative exhibition hall

and shared exhibition hall for gold ornaments to broaden the content of third-party services and it is planned to gradually integrate

resources from all parties to jointly build a sound industrial ecology. The comprehensive trade platform with establishment led by the

Company is one of the five major trading platforms in Shenzhen. The Company held special promotion conferences held in Hangzhou

and Nanjing respectively for its nationwide promotion effectively promoting cooperation with clients in the relevant regions and

further enhancing the Company's industry influence. During the reporting period the Company actively carried out operation

management improvement planning for industrial digitalization and was committed to empowering its business development and

efficiency improvement through digital transformation for improving quality reducing costs and increasing efficiency.

2. Commercial operation and management: The agglomeration effect of Tellus-Gmond Industrial Park and its attraction to

merchants at other locations in the Shuibei area have gradually increased. Additionally customer traffic in shopping malls in the

industrial park has significantly increased compared with last year. The Tellus Jewelry Building vigorously promotes the adjustment

and value enhancement of the commercial layout of the podium building and increases the external influence of the industrial park by

planning the lottery for island freezers in the underground area and bidding for shops. At present Tellus Jinzuan Building is preparing

for its opening in an orderly manner. The effect of the investment promotion efforts exceeds expectations and well-known domestic

jewelry enterprises have been introduced to preliminarily build the podium building into a professional jewelry market.(II) Description of main business models of the jewelry business

The Company shall abide by the disclosure requirements of the Guidelines of Shenzhen Stock Exchange for Self-Regulatory

Supervision of Listed Companies No. 3 - Industry Information Disclosure for "jewelry-related business".

1. Sales mode

At present the Company adopts wholesale as the main sales mode of gold and jewelry and also provides certain supporting

services including customs declaration gold purification/exchange and safe deposit box leasing. The sales revenue composition of the

jewelry business in H1 2023 is as follows:

Amount of operating revenue Operating cost amount

Sales mode Gross margin in H1 2023

(RMB 10000) (RMB 10000)

Wholesale 52769.88 51462.11 2.48%

Other services 967.17 590.02 39.00%

Total 53737.05 52052.13 3.14%

9Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

2. Production mode

At present the Company mainly adopts the entrusted processing mode for gold and its products while diamonds and colored

gemstones do not involve processing. The production mode composition in H1 2023 is as follows:

Production mode Amount (RMB 10000) Proportion

Consigned processing 53212.12 100.00%

Total 53212.12 100.00%

3. Purchase mode

Gold and its products: by purchasing gold raw materials from Shanghai Gold Exchange or qualified units or by renting gold from

banks;

Diamonds: by purchasing finished diamonds from overseas diamond suppliers and importing them through the Shanghai Diamond

Exchange;

Other jewelry jade: by purchasing products from overseas jewelry jade suppliers and going through the import formalities of tax

payment through Shenzhen Jewelry Company.The procurement model in H1 2023 is as follows:

Procurement Procurement quantity Procurement amount

Raw materials

mode (kg ct) (RMB 10000)

Spot trading Gold 1861.40KG 52676.95

Spot trading Diamonds 469.89CT 934.56

Gold rental

Gold 66.00KG 2634.75

business

Total 56246.26

4. Operation of physical stores during the reporting period

As of the end of the reporting period the Company has no physical stores.

5. Online sales during the reporting period

During the reporting period the Company has not carried out online sales.

6. Inventory of jewelry business during the reporting period

As of June 30 2023 the inventory balance of the Company's jewelry business was RMB 41513394.65 of which the amount

measured at fair value was RMB 41506358.65 corresponding to hedged items with commodity futures contracts and T+D contracts

as hedging instruments and the value of gold leased from China Everbright Bank.II. Analysis of Core Competitiveness

1. Deepening of industrial distribution continuously enhancing third-party comprehensive jewelry service capabilities

Relying on the physical platform resources in the Shuibei area known for its jewelry industry cluster the Company has given full

play to the advantages of a state-owned listed company solidly promoted the construction of the third-party jewelry ecosystem kept

trying to innovate business models deeply entered the jewelry industry chain and continuously improved the third-party

comprehensive jewelry service capability. In 2019 Treasury Supply Chain Company was established to carry out the gold and jewelry

supply chain business. In 2020 Shenzhen Jewelry Company was established and focused on building five centers: bonded commodity

exhibition center bonded processing and manufacturing center bonded R&D and design center bonded commodity appraisal center

and bonded financial service center creating a comprehensive bonded service platform integrating warehousing logistics insurance

import and export agency settlement and other supporting services to provide customers with convenient and efficient cross-border

10Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

bonded exhibitions and comprehensive trading services. The Shenzhen Jewelry Project was established and operated with the approval

of the government and customs which has strong credibility. On December 23 2022 the platform was approved to be upgraded and

listed as "Shenzhen International Jewelry and Jade Comprehensive Trade Platform". In 2021 Shanghai Fanyue was set up achieving

a closed loop from bonded exhibitions to general trade import of diamonds. In 2022 Guorun Gold was set up to build a comprehensive

service platform for gold circulation further consolidating the overall layout of the jewelry industry and gradually establishing the

Company's competitive advantages.

2. High-quality development of the commercial operation sector providing stable business revenue and financial support

The Company is the largest owner of Tellus-Gmond Gold Jewelry Industrial Park in the Shuibei area. The Tellus Jewelry Building

was fully put into use in 2019 with a high occupancy rate. The construction of the Tellus Jinzuan Trading Building is promoted

according to the working plan and is planned to be officially opened in 2023. At the same time the Company plans to implement

innovative industrial projects in the Buxin area in line with the overall strategic layout of the city district and the Company by means

of renovation. In addition the Company holds a large number of property resources in Luohu Futian and other areas of Shenzhen. On

the basis of maintaining the stability of the original leasing business the Company would actively promote the improvement of property

quality and transform its old properties from the traditional way of simple leasing to the direction of commercial property operation

so as to fully enhance and tap the added value of the property brand bring stable business revenue and cash flow to the Company and

provide a solid foundation for the long-term development of the Company.

3. Continuous optimization of management providing effective guarantee for the development of the Company

In recent years with the transformation and upgrading of the Company's business sectors internal management has also been

greatly improved becoming the driving force and guarantee for the Company's development. From the perspective of management

promotion and operation the Company has established a "4S" management mainline system based on the management orientation and

the actual situation of the Company. From strategic planning and business plan to management statements and assessment and

evaluation scientific and closed-loop management concepts have been established and various management actions have been linked

which serve the Company's strategic implementation in a unified way. The Company leverages various work with performance

management as a "lever" and continuously evaluates and optimizes the organizational structure to improve operational efficiency.Adhering to the cultural construction purpose of refining the corporate culture from business the Company collects the conventions of

strivers from the grassroots to build a consensus among all employees.III. Analysis of Main Business

Overview

See "I. Main Business of the Company during the Reporting Period" for relevant contents.YoY changes in main financial data

Unit: RMB

Same period of the Year-on-year

Reporting period Reason of change

previous year increase/decrease

Increase in gold

Operating revenue 704836410.94 250015152.23 181.92% business during the

reporting period

Increasing with the

Operating cost 608604638.40 188344177.55 223.13% introduction of the gold

business

Selling expenses 11963099.01 10947318.15 9.28%

Mainly due to the

Administrative increase in

28817829.3819832917.2145.30%

expenses management costs as a

result of the increase in

11Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

the gold business

compared with the

same period last year

during the reporting

period; Secondly due

to the transformation of

the Tellus Jinzuan

Building into fixed

assets with the

subsequent portion of

the expenditure being

charged to

administrative

expenses

Mainly due to the

increase in the interest

expenditures on gold

financing and the

Financial expenses 1391732.79 -2701556.39 151.52% expensed interest

expenditures after the

transformation of the

Tellus Jinzuan Building

into fixed assets

Income tax expenses 12466659.92 10808747.89 15.34%

Net cash flow from

-10241941.90-11318295.419.51%

operating activities

Mainly due to the fact

Net cash flow from that the purchased bank

-272561687.30-29463885.19-825.07%

investing activities financial products have

not yet expired

Mainly due to new

Net cash flows from

152917899.92 18016923.17 748.75% loans from Guorun

financing activities

Gold

Mainly due to the year-

on-year decrease in the

Net increase in cash redemption of wealth

-129885729.28-22764976.83-470.55%

and cash equivalents management products

during the reporting

period

Significant changes in the Company's profit composition or source during the reporting period

□ Applicable □ Not applicable

There are no significant changes in the Company's profit composition or source during the reporting period.Operating revenue composition

Unit: RMB

Reporting period Same period of the previous year

Year-on-year

Proportion in Proportion in

Amount Amount increase/decrease

operating revenue operating revenue

Total operating

704836410.94100%250015152.23100%181.92%

revenue

By segment

Wholesale and

536696671.2576.14%48246045.4519.30%1012.42%

retail of jewelry

Property lease and 115235431.84 16.35% 89143718.75 35.66% 29.27%

12Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

service

Automobile sales 41890016.34 5.94% 90748050.16 36.30% -53.84%

Automobile

inspection and

11014291.511.56%21877337.878.75%-49.65%

maintenance and

spare parts sales分产品

Wholesale and

536696671.2576.14%48246045.4519.30%1012.42%

retail of jewelry

Property lease and

115235431.8416.35%89143718.7535.66%29.27%

service

Automobile sales 41890016.34 5.94% 90748050.16 36.30% -53.84%

Automobile

inspection and

11014291.511.56%21877337.878.75%-49.65%

maintenance and

spare parts sales

By region

Shenzhen 704836410.94 100.00% 250015152.23 100.00% 181.92%

Industries products or regions with operating revenues or operating profits accounting for more than 10% of that of the Company

□Applicable □ Not applicable

Unit: RMB

Increase/dec

Increase/decrea

Increase/decrea rease in

se in operating

se in operating gross margin

Gross revenue over

Operating revenue Operating cost cost over the over the

margin the same

same period of same period

period of

previous year of previous

previous year

year

By segment

Wholesale and

536696671.25521308410.692.87%1012.42%907.59%10.11%

retail of jewelry

Property lease

115235431.8438610978.4366.49%29.27%30.08%-0.21%

and service

Automobile sales 41890016.34 38325556.22 8.51% -53.84% -56.94% 6.59%

Automobile

inspection and

11014291.5110359693.065.94%-49.65%-42.17%-12.18%

maintenance and

spare parts sales

By product

Wholesale and

536696671.25521308410.692.87%1012.42%907.59%10.11%

retail of jewelry

Property lease

115235431.8438610978.4366.49%29.27%30.08%-0.21%

and service

Automobile sales 41890016.34 38325556.22 8.51% -53.84% -56.94% 6.59%

Automobile

inspection and

11014291.5110359693.065.94%-49.65%-42.17%-12.18%

maintenance and

spare parts sales

By region

Shenzhen 704836410.94 608604638.40 13.65% 181.92% 223.13% -11.01%

The main business data adjusted at the end of the reporting period will be taken for the recent one period if the Company's statistical

caliber of main business data is adjusted during the reporting period

13Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

□ Applicable □ Not applicable

IV. Analysis of Non-main Business

□Applicable □ Not applicable

Unit: RMB

Proportion to total

Amount Reasons Sustainable or not

profits

Wealth management income and

investment income by the recognition

Investment income 8923017.80 15.50% Yes

of the equity method of shareholding

enterprises

Changes in fair value of unexpired

Profits or losses from

-5265810.16 -9.15% wealth management products and gold No

changes in fair value

leasing business

Provision for impairment loss on

Impairment of assets -3700.50 -0.01% No

inventory

Gains from damage and scrapping of

Non-operating

417182.13 0.72% non-current assets and gains from No

revenue

unpayable payments

Non-operating Non-current assets retirement losses

119683.12 0.21% No

expenses and liquidated damages expenses

V. Analysis of Assets and Liabilities

1. Major changes in asset composition

Unit: RMB

End of the reporting period As of the end of the previous year

Proportion

Explanation on

Proportion to increase/decrea

Amount to total Amount major changes

total assets se

assets

Cash at bank

272420241.8810.84%413028327.3618.50%-7.66%

and on hand

Accounts

182214051.477.25%41752179.561.87%5.38%

receivable

Contract asset 0.00% 0.00 0.00% 0.00%

Inventories 41770590.06 1.66% 116069675.39 5.20% -3.54%

Investment

1031138405.3241.03%516360139.4523.13%17.90%

properties

Long-term

equity 69035977.23 2.75% 81024365.94 3.63% -0.88%

investment

Fixed assets 84382315.00 3.36% 102689546.42 4.60% -1.24%

Projects under

6860682.960.27%409933559.2718.37%-18.10%

construction

Right-of-use

74582096.362.97%4181242.860.19%2.78%

assets

Short-term 170000000.00 6.76% 20000000.00 0.90% 5.86%

14Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

borrowings

Contract

37702112.401.50%9259658.430.41%1.09%

liabilities

Long-term

168005447.696.69%144820511.426.49%0.20%

borrowings

Lease liabilities 73155478.11 2.91% 2926184.93 0.13% 2.78%

2. Primary foreign assets

□ Applicable □ Not applicable

3. Assets and liabilities at fair value

□Applicable □ Not applicable

Unit: RMB

Accumula Impair

Profits or losses ted change ment Purchase Sales

Beginning from changes in in fair accrued amount in amount in Other Ending

Item

amount fair value in the value in the the current the current changes amount

current period included current period period

in equity period

Financial

assets

1. Trading

financial

assets

17613356320000002000000029335036

(excluding -2783204.51 0.00 0.00

9.950.000.005.44

derivative

financial

assets)

Derivative

0.001760.000.001760.00

financial

assets

4. Other

equity

10176617.19224692.29401309.

instrument

206585

investment

Sub-total of

18631018320000002000000019224692.32275343

financial -2781444.51 0.00 0.00

7.150.000.00655.29

assets

Hedged 79191876. 37071925 44905849

-19895.65898501.98

item 11 6.67 3.52

Total of the 26550206 69071925 64905849 19224692. 32365193

-2801340.160.000.00

above 3.26 6.67 3.52 65 7.27

Financial 19062044. 8662500.0 30104994.-2464470.00

liabilities 91 0 27

Other changes

15Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Shenzhen SDG Huari Automobile Enterprise Co. Ltd. has entered the stage of compulsory liquidation. The Company has lost

control over it and has transferred its investment into financial assets.Whether major changes occur to the measurement attributes of the main assets of the Company within the reporting period

□Yes □ No

4. Restriction on asset rights as at the end of the reporting period

Unit: RMB

Item Book value on June 30 2023 Reasons for restriction

Cash at bank and on hand 10899141.80 See the description in this table

Intangible assets 44960423.01 Bank borrowing mortgage

Total 55859564.81 -

Descriptions: RMB 10665656.00 in the bank deposits is the supervision fund for the Company's Tellus-Gmond Gold Jewelry

Industrial Park Upgrading and Reconstruction Project Plot 03; RMB 233485.80 is the futures option account deposit. In addition

there are no other funds with limited use and potential recovery risk due to mortgage pledge or freezing in the ending cash at bank

and on hand.VI. Analysis of Investment

1. Overall conditions

□Applicable □ Not applicable

Investment in the reporting period Amount of investment in the same period

Changes rate

(RMB) of the previous year (RMB)

81253722.1950926786.8259.55%

2. Significant equity investment acquired in the reporting period

□ Applicable □ Not applicable

3. Significant non-equity investment ongoing in the reporting period

□ Applicable □ Not applicable

4. Financial assets investment

(1) Security investment

□ Applicable □ Not applicable

The Company has no securities investment during the reporting period.

16Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

(2) Investment in derivatives

□Applicable □ Not applicable

1) Investment in derivatives for hedging purposes during the reporting period

□Applicable □ Not applicable

Unit: RMB 10000

Proportion of

the ending

Cumulative Buying Selling amount

Type of Initial Gains or losses investment

change in fair amount during during the

investment in investment from changes Ending amount amount to the

value included the reporting reporting

derivatives amount in fair value ending net

in equity period period

assets of the

Company

Futures (via

account at

38.20.1804410.924954.3723.350.01%

Everbright

Futures)

Futures ( via

account at Ping 77.6 0 0 198.55 549.21 0 0.00%

An Futures)

Total 115.8 0.18 0 4609.47 5503.58 23.35 0.01%

Accounting

policies and

specific

principles of

accounting for

hedging

transactions

during the

reporting

period and

whether there

is any

significant

change in them

compared to

the previous

reporting

period

Actual gains

and loss during

Due to the rise in gold price the actual loss of futures account hedging was RMB 2556800 during the reporting period.the reporting

period

Measurement method of hedge effectiveness: hedge effectiveness = change in price of hedging futures position /change in the

price of hedged spot position. A value closer to 100% indicates a higher level of hedge effectiveness. According to the

Hedge Accounting Standards for Business Enterprises of China promulgated in 2006 a hedge is considered highly effective when its

effectiveness effectiveness ranges from 80% to 125%. The Company sustained a loss of RMB 2.55 million due to futures price fluctuations

which was offset by a gain of RMB 2.57 million resulting from a rise in the spot price during the reporting period. The hedge

effectiveness was above 99% which demonstrates that the Company's hedge was highly effective.Source of

funds for Own funds

investment in

17Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

derivatives

Risk analysis

and control

measures for

The Company's hedging transactions follow the following basic principles: The value change and contract quantity of the

positions in

futures products are approximately equivalent to the spot positions; the futures positions are taken in the opposite direction of

derivatives

the spot positions; and the holding period of the futures positions matches the risk exposure period in the spot market. The main

during the

risks of positions in gold futures include basis risk forced liquidation risk and operational error risk. To manage basis risk the

reporting

Company utilizes leased gold as inventory when the basis is narrowed and builds less or no self-owned inventory. For forced

period

liquidation risk the Company establishes risk early warnings and advance funding plans to maintain sufficient margins if gold

(including but

prices fluctuate violently. In case of forced liquidation emergencies Management is notified immediately and hedging

not limited to

positions are replenished in a timely manner. To control operational error risk the Company implements a trader training

market risk

program ensures trading and reviews adhere to system and workflow requirements and requires daily reporting. The Company

liquidity risk

has established a scientific and effective hedging management system which is implemented through four key aspects:

credit risk

organizational structure design planning systems management and evaluation procedures and dynamic risk monitoring..operational

risk and legal

risk)

Changes in

market price or

product fair

value during

the reporting

period of

invested

derivatives

( the analysis

of the fair During the reporting period the fair value change of the futures contracts held for hedging purposes was RMB 1800. The

value of Company determined the fair value using the closing price on June 30 2023 of the futures contracts held on the Shanghai Gold

derivatives Exchange with the floating gain and loss representing the change in fair value.should disclose

the specific

valuation

methodologies

utilized and the

assumptions

and parameter

inputs)

Involvement in

litigation (if N/A.applicable)

Special 1. The Company utilizes its own funds to establish gold stock and uses instruments such as gold futures to hedge the Company's

opinions of own gold stock. The Company utilizes its own funds to engage in hedging transactions while ensuring normal production and

independent operations. This hedging strategy allows the Company to lock in expected profits on products control operational risks and

directors on improve resilience against market fluctuations without damaging the interests of the Company and all shareholders.investment in 2. The Company has established robust governance for its hedging transactions during the reporting period including

derivatives and organizational structure business operation processes approval procedures and Hedging Transaction Management Guidelines.risk control of 3. The approval procedures followed by the Company to utilize its own funds for hedging transactions comply with relevant

the Company national laws regulations and the Company's Articles of Association.

2) Investment in derivatives for speculative purposes during the reporting period

□ Applicable Not applicable□

During the reporting period the Company had no investment in derivatives for speculative purposes.

18Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

5. Usage of raised funds

□ Applicable □ Not applicable

No raised funds are used within the reporting period of the Company.VII. Sales of Major Assets and Equity

1. Sales of major assets

□ Applicable □ Not applicable

No major asset is sold during the reporting period of the Company.

2. Sales of major equity

□ Applicable □ Not applicable

VIII. Analysis of Main Holding Companies and Joint-stock Companies

□Applicable □ Not applicable

Main subsidiaries and joint-stock companies affecting over 10% of the Company’s net profit

Unit: RMB

Company Type of Main Registered Operating Operating

Total assets Net assets Net profit

name company business capital revenue profit

Shenzhen

Automobile

Subsidiar Property RMB 58.96 27237340 22665920 17559481. 13001845. 10355120.Industry and

y lease million 1.17 9.87 99 80 22

Trade Co.Ltd.Shenzhen

RMB

Zhongtian Subsidiar Property 63052228 48652050 56271928. 32800482. 24967176.

366.2219

Industry Co. y lease 6.17 4.50 30 62 90

million

Ltd.Shenzhen

Huari Toyota

Subsidiar Automobil RMB 2 35929794. 11503618. 52130699. 1150338.0

Sales & 551789.40

y e sales million 62 31 28 9

Service Co.Ltd.Shenzhen

Xinyongton

g Motor

Subsidiar Property RMB 9.61 9917007.2 4226869.8 3541502.4 1843838.3 1749540.1

Vehicle

y lease million 5 4 8 6 5

Inspection

Equipment

Co. Ltd.Shenzhen

Tellus

Xinyongton

Subsidiar Property RMB 32.9 10066513 81213393. 5908138.3 4571598.9 3428699.1

y lease million 6.60 19 3 0 7

Automobile

Developmen

t Co. Ltd.Shenzhen Subsidiar Property RMB 14 20779637. 19589391. 4516886.3 2090302.2 2090302.2

Tellus y lease million 82 90 0 6 7

19Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Chuangying

Technology

Co. Ltd.Purchase

sale and

leasing of

gold

Shenzhen ornaments

Tellus and

Treasury Subsidiar precious RMB 50 69289324. 44706277. 1488251.6

1389765.91389765.9

Supply y metal million 18 91 3

Chain Tech products

Co. Ltd. leasing of

safe deposit

boxes and

warehousin

g services

Jewelry fair

planning

jewelry

Shenzhen consignme

Jewelry nt

Subsidiar RMB 100 59011438. 31381947. 7623229.6

Industry exhibition 281397.10 281397.10

y million 92 51 1

Service Co. planning

Ltd. conference

services

marketing

planning

Sales of

gold bar for

investment

Guorun

gold

Gold Subsidiar RMB 200 40569236 19864826 52027794 - -

recycling

Shenzhen y million 3.60 0.22 8.63 740865.07 792883.11

gold

Co. Ltd.purification

/exchange

services

Shenzhen

Automobil

Renfu Tellus - -

Subsidiar e sales and RMB 30 15838779 41936395. 52945935

Automobiles 15787654. 14291457.y maintenanc million 4.94 97 1.87

Service Co. 04 36

Ltd.Investment

Shenzhen in

Tellus- industrial RMB

Subsidiar 37584288 81056767. 54145037. 22398380. 16769327.Gmond property 53.70496

y 5.70 28 15 87 00

Investment manageme million

Co. Ltd. nt and

leasing

Acquisition and disposal of subsidiaries during the reporting period

□ Applicable □ Not applicable

Description of main holding and joint-stock companies

20Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

IX. Structured Entities Controlled by the Company

□ Applicable □ Not applicable

X. Risks Faced by the Company and Countermeasures

(1) Risk 1: risks caused by market fluctuations

Affected by the international situation and other factors the domestic economic growth slows down the pressure on industrial

restructuring increases and the overall economic environment has an uncertain impact on the Company's operation.Countermeasures: In view of this risk the Company will actively take various preventive measures. First continuously strengthen

risk management establish and improve risk prevention and control mechanism to ensure the Company's compliance operation and

steady development; Second firmly advance the Company's strategic transformation pace promote the implementation of

transformation projects through innovative business models explore incremental markets expand business scale seek new profit

growth points and continuously improve the Company's competitiveness to provide a good foundation for the Company's long-term

stable development.

(2) Risk 2: insufficient talent team building

With the implementation of transformation projects and the rapid development of the Company the demand for various talents in

the industry and management is increasing and the existing talent team is gradually unable to meet the requirements of development.Countermeasures: First set "top-down" talent training objectives and establish talent training plans; Second expand talent

introduction channels and recruit talents through multiple channels; Third adjust the organizational structure and staffing of front-line

business departments to improve organizational efficiency; Fourth strengthen a diligent and hard-working style of work and enhance

cohesion and execution to ensure the stability of enterprise transformation.

21Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Section IV Corporate Governance

I. Annual General Meeting of Shareholders and Extraordinary General Meetings of

Shareholders during the Reporting Period

1. Situation of General Meeting of Shareholders during the reporting period

Attendanc

Session of

Type of meeting proportion Holding date Disclosure date Meeting resolution

meeting

investors

For details please refer to the

Announcement on

Resolutions of 2022 Annual

2022 Annual Annual General

General Meeting of

General Meeting Meeting of 55.92% May 18 2023 May 19 2023

Shareholders (Announcement

of Shareholders Shareholders

No.: 2023-025) of Securities

Times and CNINFO

(www.cninfo.com.cn).For details please refer to the

Announcement on

The First Resolutions of the First

Extraordinary

Extraordinary Extraordinary General

General

General Meeting 56.30% February 21 2023 February 22 2023 Meeting of Shareholders in

Meeting of

of Shareholders 2023 (Announcement No.:

Shareholders

in 2023 2023-009) of Securities

Times and CNINFO

(www.cninfo.com.cn).

2. Preferred shareholders with resumed voting rights request to convene an Extraordinary General

Meeting of Shareholders

□ Applicable □ Not applicable

II. Change in the Directors the Supervisors and the Senior Executives of the Company

□Applicable □ Not applicable

Name Position Type Date Reason

Zhang Resign from the position due to work

Supervisor Resigned April 20 2023

Baojun arrangements.Zeng Resign from the position due to work

Supervisor Resigned April 20 2023

Xingyu arrangements.He was elected as a supervisor of the 10th

Dai Board of Supervisors at the 7th Meeting of the

Supervisor Elected May 18 2023

Zhiwei 10th Board of Supervisors and the 2022 Annual

General Meeting of Shareholders.He was elected as a supervisor of the 10th

Board of Supervisors at the 7th Meeting of the

Ye Cao Supervisor Elected May 18 2023

10th Board of Supervisors and the 2022 Annual

General Meeting of Shareholders.

22Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

III. Profit Distribution and Capital Reserves Converted to Share Capital in the Reporting

Period

□ Applicable □ Not applicable

The Company plans to not distribute cash dividends issue bonus shares or transfer share capital from capital reserve in the half year.IV. Implementation of the Company's Equity Incentive Plan Employee Stock Ownership Plan

or Other Employee Incentive Measures

□ Applicable □ Not applicable

During the reporting period there is no equity incentive plan employee stock ownership plan or other employee incentive measures

and their implementation for the Company.

23Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Section V Environmental and Social Responsibility

I. Major Environmental Protection Issues

Whether the listed company and its subsidiaries belong to the key pollutant-discharging entities announced by the environmental

protection authorities

□Yes □ No

Administrative penalties imposed for environmental problems during the reporting period

Impact on the

Rectification

Name of company Reason for production and

Violations Penalty measures of the

or subsidiary punishment operation of listed

Company

companies

None None None None None None

Disclosure of other environmental information with reference to key pollutant-discharging entities

During the reporting period the Company and its subsidiaries have not been subject to administrative punishment due to

environmental problems.Measures and effects to reduce carbon emissions during the reporting period

□ Applicable □ Not applicable

Reasons for failure to disclose other environmental information

Reasons for failure to disclose other environmental information: The Company and its subsidiaries are not key pollutant discharge

units announced by the environmental protection department and there was no punishment due to violations of laws and regulations

during the reporting period.II. Social Responsibilities

The Company has always taken repaying shareholders achieving employees and giving back to society as its own responsibility.Adhering to the principle of fairness the Company actively safeguards the legitimate rights and interests of shareholders. It advocates

the realization of self-value while achieving enterprise value creating a corporate atmosphere that cares for employees fosters their

love for the Company and promotes harmonious mutual development. Firstly the Party Committee of Tellus Holding actively

responded to the arrangements and deployments of the superior party organization in implementing the national rural revitalization

plan. In 2021 one outstanding party member was selected and sent to Shangyan Village Chengtian Town Shantou City for a period

of two years providing assistance to the rural revitalization work. Secondly the registered members of Tellus Holding's volunteer

service team totaled 180 people and the total duration of volunteer activities reached 5800 hours. During the reporting period four

volunteer activities were organized with the participation of 85 volunteers.

24Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Section VI Important Matters

I. Commitments that have been fulfilled by the actual controllers shareholders related

parties purchasers and other relevant parties of the Company during the reporting

period and have not yet been fulfilled as of the end of the reporting period

□Applicable □ Not applicable

Commitmen Commit Commitm Commitm Commitm Performa

Commitment content

t cause ted party ent type ent time ent period nce

The Company will maintain the independence

of the listed company and maintain personnel During the

independence institutional independence period of

financial independence and asset integrity with being the

Commitmen Shenzhe

the listed company. The listed company will indirect

t made in n Ensure the

still have independent operation ability controllin

acquisition Investm independe In

independent procurement production and sales December g

report or ent nce of performa

system and independent intellectual property 30 2022 sharehold

report of Holding listed nce

rights. er of

equity s Co. companies

In case of violation of the above commitments Tellus

change Ltd.the Company will bear corresponding legal Holding a

responsibilities including but not limited to listed

compensation for all losses caused to the listed company

company.

1. As of the signing date of this Letter of

Commitment the Company and other

enterprises controlled by the Company have not

engaged in businesses and activities that are in

direct competition with or may constitute direct

competition with Tellus and will not engage in

businesses and activities that are in direct

competition with or may constitute direct

competition with Tellus in the future (except

those arranged based on the Shenzhen SASAC During the

or similar government agencies); period of

2. During the period of being the indirect being the

Commitmen Shenzhe

controlling shareholder of Tellus and during indirect

t made in n

Avoid Tellus's listing on Shenzhen Stock Exchange controllin

acquisition Investm In

horizontal the Company will fully respect the independent December g

report or ent performa

competitio operation autonomy of all subsidiaries 30 2022 sharehold

report of Holding nce

n controlled by the Company and ensure that the er of

equity s Co.legitimate rights and interests of Tellus and its Tellus

change Ltd.minority shareholders will not be infringed; Holding a

3. The Company promises not to seek listed

illegitimate interests with the status of company

controlling shareholder of Tellus thus

damaging the rights and interests of Tellus and

its minority shareholders;

4. The Company promises not to assist any

party to engage in any business activities that

are in substantial competition or potential

competition with the main business of Tellus by

using the information learned or known from

Tellus;

25Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

5. If the Company or other enterprises

controlled by the Company violate the above

commitments and guarantees the Company

shall bear the economic losses caused to the

listed company.

1. The Company and the companies enterprises

and economic organizations controlled or

actually controlled by the Company (excluding

enterprises controlled by listed companies

hereinafter collectively referred to as "affiliated

companies") will exercise the rights of

shareholders fulfill the obligations of

shareholders and maintain the independence of

listed companies in terms of assets finance

personnel business and institutions in strict

accordance with the provisions of laws

regulations and other normative documents;

2. The Company promises not to use its

position as a controlling shareholder to urge the

General Meeting of Shareholders or the Board

of Directors of the listed company to make

resolutions that infringe upon the legitimate

rights and interests of other shareholders of the

listed company;

3. The Company or its affiliated companies will During the

try to avoid related party transactions with period of

listed companies. If it is inevitable to have being the

Commitmen Shenzhe Reduce

related party transactions with listed companies indirect

t made in n and

the Company or its affiliated companies will controllin

acquisition Investm standardiz In

urge the controlled entities to trade with listed December g

report or ent e related performa

companies on an equal and voluntary basis in 30 2022 sharehold

report of Holding party nce

accordance with fair reasonable and normal er of

equity s Co. transactio

commercial transaction conditions; Tellus

change Ltd. ns

4. The Company or its affiliated companies will Holding a

perform the decision-making procedures of listed

related party transactions and the corresponding company

information disclosure obligations in strict

accordance with the Articles of Association of

the listed company and relevant laws and

regulations;

5. The Company or its affiliated companies will

ensure that they will not seek special interests

beyond the above provisions through related

party transactions with the listed company

illegally transfer the funds and profits of the

listed company through related party

transactions and maliciously damage the

legitimate rights and interests of the listed

company and its shareholders through related

party transactions.In case of violation of the above commitments

the Company will bear corresponding legal

responsibilities including but not limited to

compensation for all losses caused to the listed

company.Shenzhe In the future the Company will disclose In

Commitmen October

n Tellus Others relevant information regarding the progress of Long term performa

t made 17 2014

Holding its new businesses in a timely accurate and nce

26Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

during the Co. sufficient manner in accordance with relevant

initial public Ltd. requirements.offering or

refinancing

Shenzhen Special Economic Zone

Development Group Co. Ltd. the controlling

shareholder of the Company issued the Letter

of Commitment to Avoiding Horizontal

Competition on May 26 2014. The

commitments are as follows:

1. The Company and other enterprises

controlled by the Company other than Tellus

Holding are not engaged in businesses that are

in substantial competition with the main

business of Tellus Holding and there is no

Shenzhe

horizontal competition relationship with Tellus

Other Holding;

Special

commitment 2. The Company and other enterprises

Econom

s made for Horizontal controlled by the Company shall not directly or In

ic Zone May 26

minority competitio indirectly engage in or participate in any Long term performa

Develop 2014

shareholders n business that constitutes or may constitute nce

ment

of the competition with the main business of Tellus

Group

Company Holding in any form;

Co.

3. If the Company and other enterprises

Ltd.controlled by the Company can engage in or

participate in any business opportunity that may

compete with the main business of Tellus

Holding they shall notify Tellus Holding of the

above business opportunity before

implementing or signing relevant agreements. If

Tellus Holding makes a positive reply within a

reasonable period specified in the notice that it

is willing to take advantage of the business

opportunity the business opportunity will be

given priority to Tellus Holding.From 2023 to 2025 the Company's profits will

be first used to cover the losses of previous

years; After making up for the losses of

Other

previous years on the premise that the

commitment Shenzhe

Company's profits and cash flow meet the

s made for n Tellus Dividend In

normal operation and long-term development of April 27 December

minority Holding commitme performa

the Company the Company will implement an 2023 31 2025

shareholders Co. nt nce

active profit distribution method to return it to

of the Ltd.shareholders. For details please refer to the

Company

Shareholder Return Plan for the Next Three

Years (2023-2025) disclosed on

www.cninfo.com.cn on April 27 2023.Whether the

commitment

Yes

s are duly

performed

If the

commitment

is not

N/A

fulfilled

after the

time limit

27Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

the specific

reasons for

the failure of

fulfillment

and the next

work plan

shall be

specified

II. Occupation of Non-operating Funds of the Listed Company of Controlling Shareholder

and Other Related Parties

□ Applicable □ Not applicable

Non-operating fund occupied by the controlling shareholder and other related parties towards the listed company is not identified

within the reporting period of the Company.III. Illegal Foreign Guarantee

□ Applicable □ Not applicable

During the reporting period the Company has no illegal foreign guarantees.IV. Employment and Dismissal of Accounting Firms

Whether the Semi-Annual Financial Report has been audited

□Yes □ No

The Semi-Annual Report of the Company is unaudited.V. Description of the Board of Directors and the Board of Supervisors on the "Non-Standard

Auditor’s Report" Issued by the Accounting Firm during the Reporting Period

□ Applicable □ Not applicable

VI. Description of the Board of Directors on the “Non-Standard Auditor's Report” of the

Previous Year

□ Applicable □ Not applicable

VII. Matters Relating to Bankruptcy Reorganization

□ Applicable □ Not applicable

Matters concerning bankruptcy reorganization are not identified within the reporting period of the Company.VIII. Lawsuit Proceedings

Major litigation and arbitration matters

□ Applicable □ Not applicable

The Company has no significant matters of litigation and arbitration during the reporting period.Other lawsuit proceedings

28Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

□Applicable □ Not applicable

Execution

Basic Amount Litigation of

Estimated Progress of

information involved (arbitration) litigation Disclosure

accrual of litigation Disclosure index

of litigation (RMB trial results (arbitratio date

liabilities (arbitration)

(arbitration) 10000) and impacts n)

judgment

Land Lease

Contract

The first instance

Dispute

was held on

(Automobile

March 15 2023

Industry and

1403.76 No but the first Pending None

Trade

instance judgment

Company v.has not yet been

Shenzhen

received

Dongfeng

Company)

The appeal

Announcement on the

after

Progress of Lawsuit

judgment of

Proceedings of

Shareholder the second

Holding Subsidiaries

Qualification instance is July 7

19.84 No Closed - (Announcement No.:

Confirmation dismissed 2023

2023-030) of

Dispute and the

Securities Times and

original

CNINFO

judgment is

(www.cninfo.com.cn)

affirmed.IX. Punishment and Rectification

□ Applicable □ Not applicable

X. Integrity Situation of the Company and its Controlling Shareholder and Actual Controllers

□ Applicable □ Not applicable

XI. Major Related Party Transactions

1. Related party transactions concerning daily operations

□Applicable □ Not applicable

Mark

Price Amou Propo et

Cont Pricin Settle

of nt of rtion Appro Whet price

ent g ment

Type relate relate to ved her of

Relate Relati of princi metho

of d d transa transac exce availa Disc

d onship relat ple of ds of

related party party ction tion eding ble losu Disclosu

transac of ed relate relate

party transa transa amou amount the simila re re index

tion related party d d

transa ction( ction nt of (RMB appr r date

parties parties trans party party

ctions RMB (RMB the 10000 oved transa

actio transa transa

1000 1000 same ) limit ction(

n ction ction

0) 0) kind RMB

1000

29Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

Direct

Shenz Accor

or of Prov

hen ding

the ide

Renfu Daily to the

Comp prop Refer

Tellus related contra

any erty to the 272.5 272.5

Autom party 272.5 2.36% 545 No ct

concur leasi marke 0 0

obiles transa amou

rently ng t price

Servic ctions nt or

serves servi

e Co. agree

as its ces

Ltd. ment

Direct

Shenz

Accor

hen Prov

ding

SDG Subsid ide

Daily to the

Tellus iary of prop Refer

related contra

Proper contro erty to the

party 6.90 6.9 0.06% 21 No ct 6.90

ty lling leasi marke

transa amou Announ

Manag shareh ng t price

ctions nt or cement

ement older servi

agree on Daily

Co. ces

ment Related

Ltd.Party

Prov

Transact

ide

Accor ions in

prop

Shenz ding 2023

Subsid erty

hen Daily to the (Annou

iary of leasi Refer Apri

SDG related contra ncement

contro ng to the l 27

Microf party 63.47 63.47 0.55% 150 No ct 63.47 No.:

lling and marke 202

inance transa amou 2023-

shareh man t price 3

Co. ctions nt or 018) of

older age

Ltd. agree Securiti

ment

ment es Times

servi

and

ces

CNINF

Shenz Accor

Prov O

hen ding

Subsid ide (www.c

SDG Daily to the

iary of prop Refer ninfo.co

Servic related contra

contro erty to the 120.8 120.8 120.8 m.cn)

e Co. party 1.05% 510 No ct

lling leasi marke 7 7 7

Ltd. transa amou

shareh ng t price

and its ctions nt or

older servi

branch agree

ces

es ment

Shenz Prov

hen ide

Accor

Specia vehi

ding

l cle

Daily to the

Econo Contr main Refer

related contra

mic olling tena to the

party 0.82 0.82 0.08% 3 No ct 0.82

Zone shareh nce marke

transa amou

Develo older and t price

ctions nt or

pment testi

agree

Group ng

ment

Co. servi

Ltd. ces

Shenz Subsid Daily Prov Refer 0.13 0.13 0.01% 2 No Accor 0.13

30Full Text of the Semi-annual Report 2023 of Shenzhen Tellus Holding Co. Ltd.

hen iary of related ide to the ding

SDG contro party vehi marke to the

Tellus lling transa cle t price contra

Proper shareh ctions main ct

ty older tena amou

Manag nce nt or

ement and agree

Co. testi ment

Ltd. ng

servi

ces

Acce

Shenz Accor

hen ding

Subsid engi

SDG Daily to the

iary of neeri Refer

Engine related contra

contro ng to the 100.0

ering party 68.98 68.98 200 No ct 68.98

lling supe marke 0%

Manag transa amou

shareh rvisi t price

ement ctions nt or

older on

Co. agree

servi

Ltd. ment

ces

Shenz Acce Accor

hen pt ding

Subsid

SDG Daily prop to the

iary of Refer

Servic related erty contra

contro to the 698.3 698.3 73.87 698.3

e Co. party man 1816 No ct

lling marke 7 7 % 7

Ltd. transa age amou

shareh t price

and its ctions ment nt or

older

branch servi agree

es ces ment

Shenz

Acce Accor

hen

pt ding

SDG Subsid

Daily prop to the

Tellus iary of Refer

related erty contra

Proper contro to the 188.4 188.4 19.93 188.4

party man 340 No ct

ty lling marke 2 2 % 2

transa age amou

Manag shareh t price

ctions ment nt or

ement older

servi agree

Co.ces ment

Ltd.

1420.

Total -- -- -- 3587 -- -- -- -- --

Details of large sales return None

The actual performance during the

reporting period (if any) if the total

amount of daily related party

Normal performance

transactions occurring in the

current period is estimated by

行情