2026 Interim Report Summary of Shandong Chenming Paper Holdings Limited

Stock code: 000488 200488 Stock abbreviation: ST Chenming ST Chenming B Announcement No.: 2026-043

2026 Interim Report Summary of

Shandong Chenming Paper Holdings Limited

I. IMPORTANT NOTICE

This interim report summary is extracted from the text of the interim report. For the full understanding of

the operating results the financial position and the plan for further development of the Company investors

should carefully read the text of the interim report published on the media as designated by the CSRC.All directors have attended the board meeting to review this report.Notice of non-standard auditor’s opinion

□ Applicable□ Not applicable

A proposed profit distribution plan or a proposed plan on conversion of capital reserves into share capital

for the reporting period was considered by the Board

□ Applicable□ Not applicable

The Company proposes not to distribute cash dividend issue bonus shares or capitalise from capital

reserves.A proposed profit distribution plan on preference shares for the reporting period was approved by the

Board

□ Applicable□ Not applicable

II. BASIC INFORMATIONABOUT THE COMPANY

1. Company profile

ST Chenming 000488

Stock abbreviation Stock code

ST Chenming B 200488

Stock exchange on which

the shares are listed Shenzhen Stock Exchange

Stock abbreviation CHENMING PAPER Stock code 01812

Stock exchange on which

the shares are listed The Stock Exchange of Hong Kong Limited

Stock abbreviation before

the change N/A

Contact persons and contact Secretary to the Board Representatives for Securities Affairs Hong Kong Companymethods Secretary

Name Yuan Xikun Chen Lin Chu Hon Leung

No. 2199 East Nongsheng Road

Office address Shouguang City Shandong No. 2199 East Nongsheng Road 22nd Floor World Wide

Province Shouguang City Shandong Province House Central Hong Kong

Telephone 0536-5135888 0536-5135888 00852-21629600

Email address cmir@chenming.com.cn cmir@chenming.com.cn liamchu@li-partners.com

2. Major accounting data and financial indicators

Retrospective adjustment to or restatement of the accounting data for prior years by the Company

□ Yes□ No

12026 Interim Report Summary of Shandong Chenming Paper Holdings Limited

Increase/decrease for the

The corresponding reporting period as

The reporting period period of the prior compared to the

year corresponding period of the

prior year

Revenue (RMB) 6865428943.30 2106630952.30 225.90%

Net profit attributable to shareholders of the Company

(RMB) -786475084.18 -3857953190.56 79.61%

Net profit after extraordinary gains or losses attributable to

shareholders of the Company (RMB) -1089477041.98 -3645363615.81 70.11%

Net cash flows from operating activities (RMB) 322382985.88 785303274.19 -58.95%

Basic earnings per share (RMB per share) -0.27 -1.31 79.39%

Diluted earnings per share (RMB per share) -0.27 -1.31 79.39%

Weighted average return on net assets Decrease by 97.26-150.65% -53.39%

percentage points

Increase/decrease as at the

As at the end of the As at the end of the end of the reporting period

reporting period prior year as compared to the end of

the prior year

Total assets (RMB) 50966173507.30 50620148908.13 0.68%

Net assets attributable to shareholders of the Company

(RMB) 155805696.62 903835592.13 -82.76%

3. Number of shareholders and shareholding of the Company

Unit: Shares

Total number of ordinary 93718 of which 77810 were holders of A Total number of holders of preference

shareholders as at the end of shares 15598 were holders of B shares and shares with restored voting right as at the 0

the reporting period 310 were holders of H shares end of the reporting period

Shareholding of top 10 shareholders (excluding the shares lent under refinancing business)

Share pledged marked or

Name of shareholders Nature of Percentage of Number of shares

Number of

shareholders shareholding held restricted

frozen

shares held Status ofshares Number

CHENMING HOLDINGS COMPANY State-owned Pledged 386811546

LIMITED legal person 15.50% 455781319 0 Frozen 409956441

HKSCC NOMINEES LIMITED Overseas legalperson 12.70% 373424775 0 N/A 0

CHENMING HOLDINGS (HONG Overseas legal 12.38% 364131563 0 N/AKONG) LIMITED (Note 1) person 0

Jin Xing Domestic N/Anatural person 1.31% 38622315 0 0

Chen Hongguo (Note 2) Domesticnatural person 0.65% 19080044 0 Frozen 19080044

Wang Fanliang Domesticnatural person 0.32% 9406000 0

N/A 0

Ji Zhongqiu Domestic N/Anatural person 0.31% 8996674 0 0

Shouguang Zhongli Trading Co. Ltd.*( Domestic non- N/A寿 state-owned 0.31% 8972750 0 0

光市众力商贸有限公司) legal person

Xu Hekun Domesticnatural person 0.28% 8380250 0

N/A 0

Pan Jiankai Domesticnatural person 0.26% 7770206 0

N/A 0

A shareholder Chenming Holdings (Hong Kong) Limited which is an overseas legal

Related party relationship or acting in person is a wholly-owned subsidiary of a shareholder Chenming Holdings Company

concert among the above shareholders Limited which is a state-owned legal person. Save for the above it is not aware that anyother shareholders of tradable shares are persons acting in concert. It is also not aware

that any other shareholders of tradable shares are related to each other.Securities margin trading of shareholders Chenming Holdings Company Limited held 455781319 RMB ordinary shares of which

(if any) 409956441 shares were held through ordinary account and 45824878 shares were heldthrough credit guarantee security account.

22026 Interim Report Summary of Shandong Chenming Paper Holdings Limited

Note 1: In order to meet its own capital needs Chenming Holdings (Hong Kong) Limited conducted share

financing business with overseas institutions entrusting 210717563 B shares and 153414000 H shares

of the Company held by it to the custody brokerage designated by overseas institutions. The aforesaid

shares were subject to the risk of not to be recovered which may lead to a reduction in the Company’s

shareholding but does not affect Chenming Holdings’ position as the largest shareholder and does not

affect the Company’s control. For details please refer to the announcement disclosed by the Company on

CNINFO on 18 July 2023 (announcement no.: 2023-058) and the insider information disclosed by the

Company on the website of Hong Kong Stock Exchange on 18 July 2023.Note 2: On 1 November 2024 pursuant to the 2020 Restricted A Share Incentive Scheme (Draft) the

Company made payments to the participants for the repurchase of restricted shares not yet unlocked for the

third unlocking period under the 2020 Restricted A Share Incentive Scheme. In the process of completing

the procedures for the share transfer and cancellation the 6000000 restricted shares held by Mr. Chen

Hongguo were judicially frozen. Hence the procedures for the transfer and cancellation of such restricted

shares were not yet completed with the Shenzhen Branch of China Securities Depository and Clearing

Corporation Limited. The 19080044 shares held by Mr. Chen Hongguo being a domestic natural person

excludes the 6000000 restricted shares to be cancelled under the share incentive scheme.Share lending by shareholders with more than 5% shareholding top 10 shareholders and top 10 holders of

non-restricted shares under refinancing business

□Applicable□ Not applicable

Change of top 10 shareholders and top 10 holders of non-restricted shares as compared to the prior period

as a result of share lending/return under refinancing arrangement

□Applicable□ Not applicable

4. Change of controlling shareholders or actual controllers

Change of controlling shareholders during the reporting period

□Applicable□ Not applicable

There was no change of controlling shareholders of the Company during the reporting period.Change of actual controllers during the reporting period

□Applicable□ Not applicable

There was no change of actual controllers of the Company during the reporting period.

5. Total number of holders of preference shares and the shareholdings of top ten holders of

preference shares

□Applicable□ Not applicable

There was no shareholding of holders of preference shares of the Company during the reporting period.

6. Bonds subsisting as at the date of approval of the interim report

□Applicable□ Not applicable

III. Material matters

1. Full Resumption of Production at Production Bases

During the reporting period the Company adhered to the principle of "safety first efficiency-focused and

results-oriented" strengthened corporate management and coordinated efforts to resume production and

operations at its production bases. The management and staff of Zhanjiang Chenming together with the

support teams designated by the Group worked collaboratively to overcome challenges efficiently

completing key tasks including fund raising equipment maintenance raw material procurement and

market coordination thereby successfully achieving the full resumption of production at the Zhanjiang

32026 Interim Report Summary of Shandong Chenming Paper Holdings Limited

production base. As a result all five major production bases of the Company in Shouguang Zhanjiang

Huanggang Jiangxi and Jilin have now fully resumed production. Going forward the Company will

continue to strengthen cost reduction and efficiency enhancement across the entire production process

accelerate development of a full range of new products and coordinate efforts to advance production and

operations reform and innovation and team building. The Company will strive to improve operating

performance steadily mitigate debt risks and promote sustainable stable and high-quality development.For details please refer to the relevant announcement disclosed by the Company on CNINFO on 14 March

2026 (Announcement No.: 2026-004) and the announcement disclosed on the website of the Hong Kong

Stock Exchange on 16 March 2026.

2. Information disclosure index for 2026 Interim Report

Announcement Date of

No. Subject matter publication Publication website and index

2026-001 2025 Annual Results Forecast 31 January 2026 http://www.cninfo.com.cn

2026-002 Announcement on Unusual Price Movement of Shares of theCompany 26 February 2026 http://www.cninfo.com.cn

2026-003 Announcement on Unusual Price Movement of Shares of theCompany 11 March 2026 http://www.cninfo.com.cn

2026-004 Announcement on Full Resumption of Production at ProductionBases 14 March 2026 http://www.cninfo.com.cn

2026-005 Announcement on Unusual Price Movement of Shares of theCompany 18 March 2026 http://www.cninfo.com.cn

2026-006 Special Statement of the Board of Directors on Matters Relatedto the 2025 Audit Report 31 March 2026 http://www.cninfo.com.cn

2026-007 Announcement on Resolutions of the Third Meeting of theEleventh Session of the Board of Directors 31 March 2026 http://www.cninfo.com.cn

Announcement on Uncovered Losses Exceeding One- Third of

2026-008 31 March 2026 http://www.cninfo.com.cn

Paid- in Share Capital of the Company

2026-009 Notice of 2025 Annual General Meeting 31 March 2026 http://www.cninfo.com.cn

2026-010 2025 Annual Report Summary 31 March 2026 http://www.cninfo.com.cn

2026-011 Announcement on the 2025 Annual Online PerformanceBriefing 31 March 2026 http://www.cninfo.com.cn

2026-012 Special Statement on Securities Investment in 2025 31 March 2026 http://www.cninfo.com.cn

2026-013 Announcement on Proposed Non-distribution of Profit for 2025 31 March 2026 http://www.cninfo.com.cn

2026-014 Announcement on Carrying out Factoring Business of AccountsReceivable 31 March 2026 http://www.cninfo.com.cn

2026-015 Announcement on Development of Equipment FinancingBusiness 31 March 2026 http://www.cninfo.com.cn

2026-016 Announcement on Expected Provision of Guarantees toSubsidiaries for 2026 31 March 2026 http://www.cninfo.com.cn

2026-017 Announcement on External Guarantees Provided by theMajority-owned Subsidiaries of the Company 31 March 2026 http://www.cninfo.com.cn

2026-018 Announcement on Re-appointment of Auditor for 2026 31 March 2026 http://www.cninfo.com.cn

2026-019 Announcement on Estimated Day-to-day Related PartyTransactions for 2026 31 March 2026 http://www.cninfo.com.cn

2026-020 Announcement on Remuneration Package for Directors andSenior Management for 2026 31 March 2026 http://www.cninfo.com.cn

2026-021 Announcement on Purchase of Liability Insurance for Directorsand Senior Management 31 March 2026 http://www.cninfo.com.cn

2026-022 Announcement on Cumulative New Overdue Debts andLitigation 31 March 2026 http://www.cninfo.com.cn

2026-023 Announcement on Provision for Asset Impairment 31 March 2026 http://www.cninfo.com.cn

Special Statement of the Board of Directors on the Elimination

2026-024 of Impact of Matters Relating to the Qualified Opinion in the 31 March 2026 http://www.cninfo.com.cn

2024 Internal Control Audit Report

Special Statement of the Board of Directors on the Elimination

2026-025 of Material Uncertainty on Going Concern Relating to the 2024 31 March 2026 http://www.cninfo.com.cn

Audit Report

2026-026 Announcement on Change of Investor Contact Information 14 April 2026 http://www.cninfo.com.cn

42026 Interim Report Summary of Shandong Chenming Paper Holdings Limited

2026-027 2026 First Quarterly Report 30 April 2026 http://www.cninfo.com.cn

2026-028 Announcement on Unusual Price Movement of Shares of theCompany 8 May 2026 http://www.cninfo.com.cn

2026-029 Announcement on Participating in the 2026 Online CollectiveReception Day for Investors of Listed Companies in Shandong 13 May 2026 http://www.cninfo.com.cn

2026-030 Results of the 2025 Annual General Meeting 16 May 2026 http://www.cninfo.com.cn

Announcement on Receipt of Administrative Supervision

2026-031 Measures Decision from Shandong Securities Regulatory 6 June 2026 http://www.cninfo.com.cn

Bureau

2026-032 Announcement on Resolutions of the Second ExtraordinaryMeeting of the Eleventh Session of the Board of Directors 13 June 2026 http://www.cninfo.com.cn

2026-033 Announcement on Transfer of Equity and Creditor’s Rights in aSubsidiary 13 June 2026 http://www.cninfo.com.cn

2026-034 Notice of the First Extraordinary General Meeting for 2026 13 June 2026 http://www.cninfo.com.cn

2026-035 Announcement on New Cumulative Litigation 13 June 2026 http://www.cninfo.com.cn

2026-036 Announcement on Resolutions of the First ExtraordinaryGeneral Meeting of 2026 1 July 2026 http://www.cninfo.com.cn

The Board of Shandong Chenming Paper Holdings Limited

28 August 2026

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