Hainan Jingliang Holdings Co. Ltd. Annual Report 2023 (Summary)

Stock Code: 000505 200505 Stock Name: JLKG JL-B Announcement No. 2024-005

HAINAN JINGLIANG HOLDINGS CO. LTD.ANNUAL REPORT 2023 (SUMMARY)

Part I Important Notes

This Summary is based on the full Annual Report of Hainan Jingliang Holdings Co. Ltd. (together with its

consolidated subsidiaries the “Company” except where the context otherwise requires). In order for a full

understanding of the Company’s operating results financial position and future development plans investors

should carefully read the aforesaid full text which has been disclosed together with this Summary on the media

designated by the China Securities Regulatory Commission (the “CSRC”).This Summary has been prepared in both Chinese and English. Should there be any discrepancies or

misunderstandings between the two versions the Chinese version shall prevail.All the Company’s Directors have attended the Board meeting for the review of this Report and its summary.Independent auditor’s modified opinion:

□ Applicable □ Not applicable

Board-approved final cash and/or stock dividend plan for ordinary shareholders for the Reporting Period

□ Applicable □Not applicable

Bonus issue from capital reserves

Applicable □ Not applicable

The Board has approved a final dividend plan as follows: Based on the 726950251 Shares on 31 December 2023

a cash dividend for RMB0.71 (tax inclusive) per 10 Shares is to distributed to the shareholders，with no bonusissue from either profit or capital serves.Board-approved final cash and/or stock dividend plan for preferred shareholders for the Reporting Period:

Applicable □ Not applicable

Part II Key Corporate Information

1. Company Profile

Stock name JLKG JL-B Stock code 000505、200505

Stock exchange for stock listing Shenzhen Stock Exchange

Contact information Board Secretary Securities Representative

Name Guan Ying Gao Deqiu

Office address 8/F Tower B Capital Agricultural Science 8/F Tower B Capital Agricultural Science andHainan Jingliang Holdings Co. Ltd. Annual Report 2023 (Summary)

and Innovation Mansion Building No.1 Innovation Mansion Building No.1

Community No.8 Xinning Street Daxing Community No.8 Xinning Street Daxing

District Beijing District Beijing

Fax 010-81219987 010-81219987

Tel. 010-81219989 010-81219989

E-mail address guanying@bjjlkg.cn gaodeqiu@bjjlkg.cn

2. Principal Activities or Products in the Reporting Period

（1）Company’s main business

The Company is principally engaged in oils and oilseeds processing and trading as well as food processing.With regard to oils processing and trading the Company refines bottles markets imports and exports raw oils

upon initial pressing. As for oilseeds the Company presses refines bottles markets imports and exports oilseeds

such as sesame soybean corn germ sunflower seeds and peanuts. Food processing mainly refers to R&D

production and sales of snack food and bakery products.

（2）Company’s main products

The oils and oilseeds processing business is primarily under the brands of “Gu Chuan” “Lv Bao” “Gu Bi”

“Huo Niao” etc. with the main products being soybean oil corn oil sunflower seed oil peanut oil rapeseed oil

flaxseed oil olive oil sesame oil and paste etc. The food processing business is primarily under the brands of

“Little Prince” “MS Dong” “Jianqiang de Tudouzai” and “Gu Chuan” etc. with the main products being potato

chips cakes and pastries and bread.

（3）Emerging Trend in the Industry

The major industry category of the Company is manufacturing- processing industry of agricultural andslide-products according to Results of Industry Classification of Listed Companies（code: C13)，specificallythe industry belongs to is vegetable oil processing，while gross profit ration is relatively high for the foodprocessing business. From the perspective of the vegetable oil processing industry the minority oils such as

sunflower seed oil tea oil corn oil and rice bran oil show rapid growth with the accelerated industrial integration

and the increasing accumulation of differentiated competition. From the perspective of the food processing

industry there is great potential for industrial integration with the diversified consumption demand and the

constantly enriched product categories while there is only a handful of major brands in the industry.

（4）The Position of the Company in the Industry

The Company has varieties of greater influence brands. Among them “Gu Chuan” has been awarded the

most influential brand in Beijing several times ranked 307th overall among the 2023 Top 500 Chinese Most

valuable Brands World Brand Lab which brand values totaled 310.62 billion Yuan. “Gu Bi” sesame oil has been

awarded National Sesame Famous Oil Brand silver award for Beijing International Catering and Food Expo

gold award for International Brand-name Product etc with certain competition in the industry. “Gu Chuan” “LvHainan Jingliang Holdings Co. Ltd. Annual Report 2023 (Summary)Bao” and “Gu Bi” are time-honored brand in Beijing “Little Prince” trademark and Zhejiang Little Prince

products have been identified as famous trademark and famous products in Zhejiang province for many years

with strong competitive in potato chips bulk and individual packaging segment top-ranked one in puffed food

industry. “Gu Chuan” bread is one of the major supplies in north China region of Kentucky Fried Chicken

maintaining a certain industry position in Northern bakery market.

3. Major Accounting Data and Financial Indicators

（1） Key Accounting Data and Financial Indicators of the Past Three Years

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

Unit: RMB

Change of 31 December

31 December 2023 31 December 2022 2023 over 31 December 31 December 2021

2022(%)

Total assets 6496782984.90 6105144167.96 6.41% 6046600058.90

Equity attributable to the listed

3167503541.443061661435.053.46%2915802291.05

company’s shareholders

2023-over-2022

202320222021

change (%)

Operating revenue 11901009211.63 12857874301.72 -7.44% 11763093835.56

Net profit attributable to the

102348088.85141411141.28-27.62%204459771.08

listed company’s shareholders

Net profit attributable to the

listed company’s shareholders 82678972.04 124297168.33 -33.48% 195422832.45

before exceptional items

Net cash generated from/used in

109486954.74-533230947.03120.53%632240056.44

operating activities

Basic earnings per share

0.140.19-26.32%0.28

(RMB/share)

Diluted earnings per share

0.140.19-26.32%0.28

(RMB/share)

Weighted average return on

3.29%4.73%-1.44%7.27%

equity (%)

（2） Key Financial Data by Quarter

Unit: RMB

Q1 Q2 Q3 Q4

Operating revenue 3206922214.64 1616311993.54 3217246365.63 3860528637.82

Net profit attributable to the listed company’s

37265080.4236316714.945095930.7023670362.79

shareholders

Net profit attributable to the listed company’s

35596909.9922498765.624804225.5519779070.88

shareholders before exceptional items

Net cash generated from/used in operating

-94878495.30-42471050.49306204203.22-59367702.69

activities

Indicate by tick mark whether any of the quarterly financial data in the table above or their summations differsHainan Jingliang Holdings Co. Ltd. Annual Report 2023 (Summary)

materially from what have been disclosed in the Company’s quarterly or interim reports.□ Yes □ No

4. Share Capital and Shareholder Information at the Period End

（1）Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed Voting Rights as well as

Holdings of Top 10 Shareholders

Unit: Share

Number of

Number of Number of preferred

ordinary

preferred shareholders with

Number of ordinary shareholders at

shareholders resumed voting rights

shareholders at the 58382 the month-end 58010 0 0

with resumed at the month-end

period-end prior to the

voting rights at prior to the disclosure

disclosure of

the period-end of this Report

this Report

Top 10 shareholders（not including through refinancing）

Shares in pledge marked or

Nature of Shareholding Total shares held Restricted

Name of shareholder frozen

shareholder percentage at the period-end shares held

Status Status

BEIJING GRAIN State-owned

39.68% 288439561 0 Not applicable 0

GROUP CO. LTD. legal person

BEIJING STATE-

OWNED CAPITAL

State-owned

OPERATION AND 6.67% 48510460 0 Not applicable 0

legal person

MANAGEMENT

COMPANY LIMITED

Domestic Not applicable

WANG YUECHENG 5.43% 39459887 30869915 0

natural person

Domestic Not applicable

MEI JIANYING 0.36% 2604203 0 0

natural person

Domestic Not applicable

WANG ZHIQIANG 0.34% 2507123 0 0

natural person

LISHERYNZHAN Domestic Not applicable

0.33%240770000

MING natural person

Domestic Not applicable

CHEN TIANHUA 0.29% 2101100 0 0

natural person

Domestic Not applicable

TONG ZHENZHU 0.27% 1970000 0 0

natural person

Domestic Not applicable

ZHANG XIAOXIA 0.27% 1949250 0 0

natural person

Domestic Not applicable

WANG XIAOXING 0.23% 1654200 0 0

natural person

* Beijing State-Owned Capital Operation and Management Company Ltd. owns an

indirect 100% share of Beijing Grain Group Co. Ltd. and Beijing Grain Group Co.Related or acting-in-concert parties among Ltd. is the controlling shareholder of the Company (a 39.68% holding). * Wang

the shareholders above Yuecheng is a Deputy General Manager of the Company. Apart from that the

Company does not know whether there are any other related parties or acting-in-

concert parties among the top 10 shareholders.Shareholder Mei Jianying holds 2604203 shares in the Company through his account

of collateral securities for margin trading in Huatai Securities Co. Ltd. Shareholder

Chen Tianhua holds 2093500 shares in the Company through his account of collateral

Shareholders involved in securities margin securities for margin trading in Founder Securities Co. Ltd. Shareholder Tong

trading (if any) Zhenzhu holds 1970000 shares in the Company through his account of collateral

securities for margin trading in China Merchants Securities Co.Ltd.; Shareholder

Wang Xiaoxing holds 1654200 shares in the Company through his account of

collateral securities for margin trading in Soochow Securities Co. Ltd.Refinancing business participated by the shareholders of top 10

□ Applicable □ Not applicable

Changes for the shareholders compared with last-term reporting periodHainan Jingliang Holdings Co. Ltd. Annual Report 2023 (Summary)

□ Applicable □Not applicable

Unit: Share

Changes for the shareholders compared with last-term reporting period

Shares of shareholders’ ordinary account

New Shares of refinancing has not yet been

Name of the credit accounting holding and refinancing

Shareholders/Withdr returned at end period

shareholders has not yet been returned at end period

awing member in the

(full name) Proportion of the Proportion of the

reporting period Number of shares Number of shares

total share capital total share capital

TONG

Addition 0 0.00% 1970000 0.27%

ZHENZHU

CHEN TING Withdraw 0 0.00% 236869 0.03%

（2） Total Preferred Shareholders and Shareholdings of Top 10

□ Applicable □ Not applicable

No preferred shareholders in the Reporting Period.

（3） Ownership and Control Relations between the Actual Controller and the Company disclosed as box chart

5. Outstanding Bonds at the Date when the Report was Authorized for Issue

□ Applicable □ Not applicable

（1） Basic information of BondBond Balance（inAbbreviation Issue Maturity

Name of Bond Bond code ten thousands Interest

of Bonds Date DateYuan）

Hainan Jingliang Holdings Co. Ltd

2023 public issuance of corporate 21-22 22 Aug

23Jingliang01 148434 30000 2.88%bonds for qualified investors（1st Aug 2023 2026issue）

Interest payment of corporate bond in the reporting

No

period

（2） Updated follow-up rating and changes of rating on corporate bonds

Corporate credit rating is AA+ in the reporting period.

（3）Major data and financial indicators at the ending of the reporting period for the last two years

Unit: ten thousands Yuan

Item 2023 2022 Increase/decrease year on year

Asset-liability ratio 44.97% 43.28% 1.69%Hainan Jingliang Holdings Co. Ltd. Annual Report 2023 (Summary)

Net profit after deducting non-recurring gains and

8378.3714713.74-43.06%

losses

EBITDA’s total debt ratio 18.20% 22.08% -3.88%

Interest cover ratio 3.26 5.90 -44.73%

Part III Significant Events

No significant changes occurred to the Company’s operations in the Reporting Period. For further information

see the full Annual Report 2023.Hainan Jingliang Holdings Co. Ltd.

30 March 2024