Changchai Company Limited Interim Report 2022 (Summary)

Stock Code: 000570 200570 Stock Name: Changchai Changchai-B Announcement No. 2022-041

CHANGCHAI COMPANY LIMITED

INTERIM REPORT 2022 (SUMMARY)

Part I Important Notes

This Summary is based on the full Interim Report of Changchai Company Limited (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 condition 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”).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 interim cash and/or stock dividend plan for ordinary shareholders:

□ Applicable √ Not applicable

The Company has no interim dividend plan either in the form of cash or stock.Board-approved interim cash and/or stock dividend plan for preference shareholders:

□ Applicable √ Not applicable

This Report and its summary have been prepared in both Chinese and English. Should there be any discrepancies

or misunderstandings between the two versions the Chinese versions shall prevail.Part II Key Corporate Information

1. Stock Profile

Changchai

Stock name Stock code 000570 200570

Changchai-B

Stock exchange Shenzhen Stock Exchange

Contact information Board Secretary Securities Representative

Name He Jianjiang

123 Huaide Middle Road

Office address

Changzhou Jiangsu China

Tel. （86）519-68683155

E-mail address cchjj@changchai.com

1Changchai Company Limited Interim Report 2022 (Summary)

2. Key Financial Information

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

H1 2022 H1 2021 Change (%)

Operating revenue (RMB) 1178222492.04 1497170455.80 -21.30%

Net profit attributable to the listed

-14595269.61129189065.60——

company’s shareholders (RMB)

Net profit attributable to the listed

company’s shareholders before -5809360.07 27160414.58 ——

exceptional gains and losses (RMB)

Net cash generated from/used in operating

-74300501.12-92554120.06——

activities (RMB)

Basic earnings per share (RMB/share) -0.0207 0.2301 ——

Diluted earnings per share (RMB/share) -0.0207 0.2301 ——

Weighted average return on equity (%) -0.48% 5.51% -5.99%

30 June 2022 31 December 2021 Change (%)

Total assets (RMB) 4956058838.71 4860382961.26 1.97%

Equity attributable to the listed company’s

2994802512.993077550018.33-2.69%

shareholders (RMB)

3. Shareholders and Their Holdings as at the end of the Reporting Period

Unit: share

Number of preference

Number of ordinary shareholders 57434 shareholders with resumed 0

voting rights (if any)

Top 10 shareholders

Sharehold Shares in pledge

Nature of ing Number of Restricted marked or frozen

Name of shareholder

shareholder percentag shares shares

Status Shares

e

Changzhou Investment State-owned

32.26%22766341756818181

Group Co. Ltd legal person

Domestic

Chen Jian natural 0.70% 4952045

person

China National Gold

State-owned

Group Asset 0.45% 3200000

corporation

Management Co. Ltd.Foreign legal

KGI ASIA LIMITED 0.44% 3101695

person

Domestic

Yao Jianquan natural 0.24% 1699954

person

China Minsheng

Bank-Goldstate

Yuanqi Dynamic

Other 0.22% 1579173

Asset Allocation

Mixed Type Securities

Investment Fund

Domestic

Li Suinan 0.22% 1569100

natural

2Changchai Company Limited Interim Report 2022 (Summary)

person

Domestic

Huang Guoliang natural 0.22% 1528891

person

Domestic

Su Zhenxing natural 0.21% 1490393

person

Domestic

Lu Zhang natural 0.19% 1370112

person

It is unknown whether there is among the top 10 public shareholders

Related or acting-in-concert parties and the top 10 unrestricted public shareholders any related parties or

among the shareholders above acting-in-concert parties as defined in the Administrative Measures

for Information Regarding Shareholding Alteration.Shareholders Chen Jian and Yao Janquan held 3380000 and

Shareholders involved in securities

1699954 shares respectively in the Company through their margin

margin trading (if any)

accounts.

4. Change of the Controlling Shareholder and the De Facto Controller in the Reporting Period

Change of the controlling shareholder in the Reporting Period:

□ Applicable √ Not applicable

The controlling shareholder remained the same in the Reporting Period.Change of the de facto controller in the Reporting Period:

□ Applicable √ Not applicable

The de facto controller remained the same in the Reporting Period.

5. Number of Preference Shareholders and Shareholdings of Top 10 of Them

No preference shareholders in the Reporting Period.

6. Outstanding Bonds at the Date when this Report Was Authorized for Issue

□ Applicable √ Not applicable

Part III Significant Events

The Sixth Extraordinary Meeting of the Board of Directors in 2021 held by the Company on 28 October 2021

deliberated on and approved the Proposal on Participation in Bidding for 41.5% Equity Interests in Zhenjiang

Siyang Diesel Engine Manufacturing Co. Ltd. authorizing the Management of the Company to participate in

bidding for 41.5% equity interest in Zhenjiang Siyang Diesel Engine Manufacturing Co. Ltd. (hereinafter

referred to as "Zhenjiang Siyang") that had been put out for sale by Jiangsu Keda Assets Marketing Co. Ltd.(hereinafter “Keda Assets”). On 12 January 2022 Jiangsu Assets and Equity Exchange Co. Ltd. issued the

Confirmation of Transaction on the Transfer of 41.5% Equity Interests (Corresponding to Capital Contribution

3Changchai Company Limited Interim Report 2022 (Summary)

of RMB830000) in Zhenjiang Siyang Diesel Engine Manufacturing Co. Ltd. The Company won the bid for the

41.5% equity interests in Zhenjiang Siyang at a price of RMB33520800.00. On 23 February 2022 the

Company signed the Contract on Transfer of State-owned Property Rights with Keda Assets. On 9 March 2022

Zhenjiang Siyang has completed the relevant registration alteration formalities with the competent industrial

and commercial administration. On 16 May 2022 Zhenjiang Siyang held meetings of shareholders the Board

of Directors and the Supervisory Committee to elect and appoint new members for the Board of Directors the

Supervisory Committee and management. Zhenjiang Siyang has been included in the consolidated financial

statements of the Company.

4