Changchai Company Limited Interim Report 2023 (Summary)

Stock Code: 000570 200570 Stock Name: Changchai Changchai-B Announcement No. 2023-057

CHANGCHAI COMPANY LIMITED

INTERIM REPORT 2023 (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 2023 (Summary)

2. Key Financial Information

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

H1 2023 H1 2022 Change (%)

Operating revenue (RMB) 1350517639.85 1178222492.04 14.62%

Net profit attributable to the listed

131937324.66-14595269.61——

company’s shareholders (RMB)

Net profit attributable to the listed

company’s shareholders before 5825543.98 -5809360.07 ——

exceptional gains and losses (RMB)

Net cash generated from/used in operating

-104796816.75-74300501.12——

activities (RMB)

Basic earnings per share (RMB/share) 0.1870 -0.0207 ——

Diluted earnings per share (RMB/share) 0.1870 -0.0207 ——

Weighted average return on equity (%) 3.93% -0.48% 4.41%

30 June 2023 31 December 2022 Change (%)

Total assets (RMB) 5559083368.07 5219359853.42 6.51%

Equity attributable to the listed company’s

3485429025.823284710665.906.11%

shareholders (RMB)

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

Unit: share

Number of preference

Number of ordinary shareholders 51091 shareholders with resumed 0

voting rights (if any)

Top 10 shareholders

Shares in

pledge

Name of Nature of Shareholding marked or

Number of shares Restricted shares

shareholder shareholder percentage frozen

Shar

Status

es

Changzhou

State-owned

Investment Group 32.26% 227663417 56818181

legal person

Co. Ltd

Domestic

Chen Jian natural 0.65% 4580300

person

KGI ASIA Foreign

0.44%3101695

LIMITED legal person

Huatai Securities State-owned

0.38%2667721

Co. Ltd. legal person

China Minsheng

Bank-Goldstate

Yuanqi Dynamic

Asset Allocation Other 0.27% 1880000

Mixed Type

Securities

Investment Fund

Domestic

Li Suinan 0.23% 1591300

natural

2Changchai Company Limited Interim Report 2023 (Summary)

person

Domestic

Huang Guoliang natural 0.22% 1528891

person

Domestic

Xue Hong natural 0.21% 1516900

person

Domestic

Xu Qingguo natural 0.21% 1500300

person

Bank of China

Co. Ltd.-GFund

Quantified

Other 0.21% 1456200

Multifactor

Equity Securities

Investment Fund

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

Related or acting-in-concert

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

parties among the shareholders

concert parties as defined in the Administrative Measures for Information

above

Regarding Shareholding Alteration.Shareholders involved in Shareholder Chen Jian held 2917800 shares in the Company through his

securities margin trading (if any) margin account.

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

□ Applicable □ Not applicable

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

1. Expropriation of the Wuxing branch company’s properties on state-owned land and compensation

3Changchai Company Limited Interim Report 2023 (Summary)

On 25 May 2023 the Proposal on the Intention to Sign the Agreement on the Expropriation of the Properties of

the Wuxing Branch Company on State-owned Land in Changzhou City and the Compensation was approved at

the 17th Meeting of the Ninth Board of Directors. Later the said matter was approved at the First Extraordinary

General Meeting of Shareholders in 2023 dated 12 June 2023. As such the Company was agreed to sign a

contract with Changzhou Zhonglou District Housing and Urban-Rural Development Bureau on the

expropriation of the Wuxing branch company’s properties on state-owned land and the compensation with the

contractual total compensation amount being RMB117 million. On 14 June 2023 the Company signed the

Agreement on the Expropriation of the Properties of the Wuxing Branch Company on State-owned Land in

Changzhou City and the Compensation with Changzhou Zhonglou District Housing and Urban-Rural

Development Bureau and received the first compensation payment of RMB70 million on 28 June 2023.

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