Changhong Meiling Co. Ltd. Summary of Semi-Annual Report 2024

Stock Code: 000521 200521 Short Form of the Stock: Changhong Meiling Hongmeiling B

Announcement No.: 2024-043

CHANGHONG MEILING CO. LTD.Summary of Semi-Annual Report 2024

I. Important Notice

(1) The summary is abstract from full-text of Semi-annual report for more details of operating results financial

status 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.

(2) The Company did not have directors supervisors and senior executives of the Company could not guarantee

the reality accuracy and completion of the whole contents or have objections.

(3) All the directors attended the board meeting to review this report in person..

(4) Prompt of non-standard audit opinion

□Applicable √Not applicable

(5) 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 distribution bonus shares and capitalizing of common reserves either.

(6) Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period □

Applicable √ Not applicable

II. Basic information about the company

(1) Company profile

Changhong Meiling

Short form of the stock Stock code 000521200521

Hongmeiling B

1Changhong Meiling Co. Ltd. Summary of Semi-Annual Report 2024

Stock exchange for listing Shenzhen Stock Exchange

Stock abbreviation before change (if any) None

Contact person and contact manner Board secretary

Name Li Xia

Offices add. No. 2163 Lianhua Road Economic and Technology Development Zone Hefei

Tel 0551-62219021

E-mail lixia@meiling.com

(2)Major accounting data and financial indicators

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

□Yes √No

Changes in the current

reporting period compared

Current Period Same period last year

with the same period of the

previous year (+-)

Operating income (RMB) 14947670291.70 12828694323.57 16.52%

Net profit attributable to shareholders of the listed

415033415.88358054844.7415.91%

company (RMB)

Net profit attributable to shareholders of the listed

company after deducting non-recurring gains and 432504456.37 381989843.82 13.22%

losses (RMB)

Net cash flow arising from operating activities

2728225876.601410519809.8193.42%

(RMB)

Basic earnings per share (RMB/Share) 0.4030 0.3477 15.90%

Diluted earnings per share (RMB/Share) 0.4030 0.3477 15.90%

Weighted average ROE Increase by0.19 percentage 6.88% 6.69%

points

Changes at the end of the

reporting period compared

End of current period End of last year

with the end of the previous

year (+-)

Total assets (RMB) 23844271479.92 19391604526.19 22.96%

Net assets attributable to shareholder of listed

5932872702.915824782654.091.86%

company (RMB)

(3) Amount of shareholders of the Company and particulars about shares holding

In Share

Total preference shareholders with voting

Total shareholders at end of the

51072 rights recovered at end of reporting 0

Period period (if any)

Top 10 shares holding(Excludes shares lent through refinancing)

Information of shares

Proportion Amount of

Nature of pledged tagged or frozen

Full name of shareholders of Share held restricted share

shareholders

shareholders held State of

Amount

share

State-owned

Sichuan Changhong Electric Co. Ltd.legal person 24.12% 248457724 0 - -

HKSCC Foreign legal 6.52% 67198211 0 - -

2Changhong Meiling Co. Ltd. Summary of Semi-Annual Report 2024

person

Domestic non-

The National Social Security Fund

state-owned 3.44% 35423661 0 - -

101 portfolio

legal person

Hefei Industry Investment Holding State-owned

(Group) Co. Ltd. legal person 2.71% 27920220 0 - -

CHANGHONG (HK) TRADING Foreign legal

LIMITED person 2.63% 27077797 0 - -

Foreign nature

CAOSHENGCHUN 1.43% 14766086 0 - -

person

Industrial Bank－Southern Xingrun Domestic non-

value one-year holding period of state-owned 1.34% 13797353 0 - -

hybrid securities investment fund legal person

Domestic non-

ICBC－South Excellent Growth

state-owned 1.25% 12823000 0 - -

Stock Securities Investment Fund

legal person

China Construction Bank Co. Ltd.- Domestic non-

Jiashixin Consumer Stock Securities state-owned 1.18% 12182400 0 - -

Investment Fund legal person

Domestic non-

ICBC－Guangfa Jiyuan bond

state-owned 0.68% 7000000 0 - -

securities investment fund

legal person

Among the above shareholders CHANGHONG (HK) TRADING LIMITED (hereinafter referred to

as Hong Kong Changhong) is the wholly-owned subsidiary of Sichuan Changhong Electric Co.Ltd. the foregoing shareholders constitute persons of uniform action. There existed no associated

Explanation on associated relationship or belong to the concerted actors as specified in the Measures for the Administration of

relationship among the aforesaid Information Disclosure of Shareholder Equity Changes of Listed Companies among Sichuan

shareholders

Changhong Electric Co. Ltd Hong Kong Changhong and other top 8 shareholders The company

neither knows whether there is any association among other shareholders nor knows whether othershareholders belong to the persons acting in concert that is stipulated in the “AdministrativeMeasures on Information Disclosure of Changes in Shareholding of Listed Companies”.Notes to the shareholders involved in

Not applicable

financing securities (if any)

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)Changing of controlling shareholder and practical controller of the Company.

1.Change of holding shareholder

□ Applicable √ Not applicable

No change of holding shareholder in the report period.

2.Change of substantial controller

□ Applicable √ Not applicable

No change of substantial controller in the report period.

3Changhong Meiling Co. Ltd. Summary of Semi-Annual Report 2024

(5)Number of preference shareholders and shareholdings of top 10 of them

□ Applicable √ Not applicable

No preference shareholders in the reporting period

(6) Corporate bonds that existed on the date when this Report was authorized for issue

□ Applicable √ Not applicable

III. Significant events

1. According to the resolutions of the 42nd meeting of the 10th Board of Directors the 30th meeting of the

10th Board of Supervisors and the 2023 Annual General Meeting of Shareholders it was agreed to pass the

Company's 2023 profit distribution plan: based on the Company's total share capital of 1029923715 shares on

December 31 2023 it will distribute a cash dividend of RMB 3 (including tax) to all shareholders for every 10

shares with no bonus shares or share capital increase by reserve fund conversion. It is expected to distribute a cash

dividend of RMB 308977114.50 (including tax) accounting for 41.70% of the net profit attributable to

shareholders of listed companies in 2023. Found more on appointed media “Securities Times” “China SecuritiesJournal” and Juchao Website (www.cninfo.com.cn) that the Company disclosed in the form of announcement

(Announcement No. 2024-0072024-008 2024-010 and 2024-024 )on 30 March 2024 and 26 April 2024. .

2. According to the 44th meeting of the 10th Board of Directors the 32nd meeting of the 10th Board of

Supervisors and the First Extraordinary General Meeting of Shareholders in 2024 it was agreed to amend some

clauses of the Company's Articles of Association according to relevant provisions of laws and regulations and

combined with the actual situation of the Company.Found more on appointed media “Securities Times” “ChinaSecurities Journal” and Juchao Website (www.cninfo.com.cn) that the Company disclosed in the form of

announcement (Announcement No. 2024-0262024-0272024-282024-29 and 2024-036 )on 1 June 2024 and 19

June 2024. .

3. In view of the expiration of the term of the 10th Board of Directors of the Company according to relevant

regulations the Board of Directors of the Company needs to be re-elected. It was agreed that the 11th Board of

Directors of the Company should have 9 directors including 6 non-independent directors and 3 independent

directors. According to the resolutions of the 44th meeting of the 10th Board of Directors and the First Extraordinary

General Meeting of Shareholders in 2024 it was agreed to appoint Mr. Wu Dinggang Mr. Zhong Ming Mr. Zhao

Qilin Ms. Yi Suqin Mr. Cheng Ping and Mr. Fang Wei as the non-independent directors of the 11th Board of

Directors and Ms. Mu Wen Mr. Hong Yuanjia and Mr. Cheng Wenlong as the independent directors of the 11th

Board of Directors.Found more on appointed media “Securities Times” “China Securities Journal” and Juchao

Website (www.cninfo.com.cn) that the Company disclosed in the form of announcement (Announcement No. 2024-

0262024-031 and 2024-036 )on 1 June 2024 and 19 June 2024. .

4. In view of the expiration of the term of the 10th Board of Supervisors of the Company according to relevant

regulations the Board of Supervisors of the Company needs to be re-elected. It was agreed that the 11th Board of

4Changhong Meiling Co. Ltd. Summary of Semi-Annual Report 2024

Supervisors of the Company should have 3 supervisors including 2 shareholder representative supervisors and 1

employee supervisor. According to the resolution of the 32nd meeting of the 10th Board of Supervisors and the First

Extraordinary General Meeting of Shareholders in 2024 it was agreed to appoint Mr. Qiu Jin and Mr. Ma Yu as the

shareholder representative supervisors of the 11th Board of Supervisors; After voting at the second meeting of the

Ninth Workers' Congress it was agreed to elect Ms. Ji Ge as the employee supervisor of the 11th Board of

Supervisors.Found more on appointed media “Securities Times” “China Securities Journal” and Juchao Website

(www.cninfo.com.cn) that the Company disclosed in the form of announcement (Announcement No. 2024-

0272024-032 2024-036 and 2024-037)on 1 June 2024 and 19 June 2024. .

Changhong Meiling Co. Ltd.Chairman：Wu Dinggang

August 172024

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