BOE Technology Group Co. Ltd. Interim Report 2025 (Summary)

Stock Code: 000725 200725 Stock Name: BOE-A BOE-B Announcement No. 2025-063

BOE TECHNOLOGYGROUP CO. LTD.INTERIM REPORT 2025 (SUMMARY)

Part I Important Notes

This Summary is based on the full Interim Report of BOE Technology Group 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 condition and future development plans investors should carefully read the aforesaid full report 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 preferred 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

Stock name BOE-A BOE-B Stock code 000725 200725

Stock exchange for stock listing Shenzhen Stock Exchange

Changed stock name (if any) N/A

Contact information Board Secretary Securities Representative

Name Guo Hong Luo Wenjie

12 Xihuan Middle Road Beijing 12 Xihuan Middle Road Beijing

Office address Economic-Technological Development Economic-Technological Development

Area P.R.China Area P.R.China

Tel. 010-60965555 010-60965555

E-mail address guohong@boe.com.cn luowenjie@boe.com.cn

2. Key Financial Information

Indicate by tick mark whether there is any retrospectively restated datum in the table below.

1BOE Technology Group Co. Ltd. Interim Report 2025 (Summary)

□ Yes□ No

Item H1 2025 H1 2024 Change (%)

Operating revenue (RMB) 101278182135.00 93386241632.00 8.45%

Net profit attributable to the listed company’s

3246885779.002284051354.0042.15%

shareholders (RMB)

Net profit attributable to the listed company’s

shareholders before exceptional gains and losses 2282236531.00 1613403381.00 41.45%

(RMB)

Net cash generated from/used in operating

22736307086.0024878969292.00-8.61%

activities (RMB)

Basic earnings per share (RMB/share) 0.09 0.06 50.00%

Diluted earnings per share (RMB/share) 0.09 0.06 50.00%

Weighted average return on equity (%) 2.45% 1.75% 0.70%

Item 30 June 2025 31 December 2024 Change (%)

Total assets (RMB) 425801431370.00 429978221541.00 -0.97%

Equity attributable to the listed company’s

132991322618.00132937555308.000.04%

shareholders (RMB)

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

Unit: share

Number of ordinary shareholders at the period-end 1093543 (including 1063026 A-shareholders and 30517 B-shareholders)

Top 10 shareholders (exclusive of shares lent in refinancing)

Sharehold Shares in pledge marked

Nature of ing Restricted or frozen

Name of shareholder Number of shares

shareholder percentag shares

e Status Shares

Beijing State-owned Capital

State-owned

Operation and Management Company 10.86% 4063333333 0 N/A 0

legal person

Limited

Hong Kong Securities Clearing Foreign

5.47% 2046647103 0 N/A 0

Company Ltd. legal person

Beijing BOE Investment & State-owned

2.20% 822092180 0 N/A 0

Development Co. Ltd. legal person

Beijing Jing Guorui Soe Reform and

Other 1.92% 718132854 0 N/A 0

Development Fund (L.P.)

State-owned

Hefei Jianxiang Investment Co. Ltd. 1.78% 666195772 0 N/A 0

legal person

Industrial and Commercial Bank of

China Co. Ltd.- Huatai-Pinebridge Other 1.75% 653673047 0 N/A 0

CSI 300 Exchange-Traded Fund

Domestic

Fuqing Huirong Venture Capital Co. non-state-

1.44% 538599640 0 In pledge 21000000

Ltd. owned legal

person

China Construction Bank Co. Ltd.- E

Fund CSI 300 Initiating Exchange- Other 1.25% 466389123 0 N/A 0

Traded Fund

Foreign

Abu Dhabi Investment Authority 0.98% 367889420 0 N/A 0

legal person

Perseverance Asset Management- Other 0.94% 352000000 0 N/A 0

2BOE Technology Group Co. Ltd. Interim Report 2025 (Summary)

Perseverance Xiaofeng No.2 Zhixin

Fund

1. Beijing State-owned Capital Operation and Management Company Limited indirectly held

100% equities of Beijing Jingguorui Investment Management Co. Ltd. and directly held

77.5918% shares of Beijing Jing Guorui Soe Reform and Development Fund (L.P.); Beijing

Jingguorui Investment Management Co. Ltd. is the general partner of Beijing Jing Guorui Soe

Related or acting-in-concert parties Reform and Development Fund (L.P.). In addition among the nine members of the Investment

among the shareholders above Decision-Making Committee of Beijing Jing Guorui Soe Reform and Development Fund (L.P.)

three are nominated by Beijing State-owned Capital Operation and Management Company

Limited.

2. Except for the above relationships the Company does not know any other connected party or

acting-in-concert party among the top 10 shareholders.Shareholders involved in securities

N/A

margin trading (if any)

5% or greater shareholders top 10 shareholders and Top 10 unrestricted shareholders involved in refinancing shares lending

□ Applicable□ Not applicable

Changes in top 10 shareholders and top 10 unrestricted shareholders due to refinancing shares lending/return compared with the prior

period

□Applicable□ Not applicable

4. Change of the Controlling Shareholder or the Actual 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 actual controller in the Reporting Period:

□ Applicable□ Not applicable

The actual controller remained the same in the Reporting Period.

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

□ Applicable□ Not applicable

No preferred shareholders in the Reporting Period.

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

□Applicable □ Not applicable

(1) Bond Profile

Balance

Coupon

Bond name Abbr. Bond code Date of issue Maturity (RMB’00

rate

00)

The Public Offering of BOE

Technology Group Co. Ltd. of

Technological Innovation 25BOEK1 524305.SZ 13 June 2025 13 June 2030 200000 1.94%

Corporate Bonds (First Tranche)

in 2025 to Professional Investors

The 2025 First Tranche of

25 BOE Group

Medium-Term Notes

MTN001

(Technological Innovation Notes) 102581768 23 April 2025 24 April 2035 200000 2.23%

(Technological

of BOE Technology Group Co.Innovation Notes)

Ltd.

3BOE Technology Group Co. Ltd. Interim Report 2025 (Summary)

The 2025 Second Tranche of 25 BOE Group

Technological Innovation Bonds MTN002

102582067 13 May 2025 14 May 2035 100000 2.23%

of BOE Technology Group Co. (Technological

Ltd. Innovation Bonds)

The 2025 Third Tranche of 25 BOE Group

Technological Innovation Bonds MTN003

102582615 24 June 2025 25 June 2028 100000 1.77%

of BOE Technology Group Co. (Technological

Ltd. Innovation Bonds)

The 2025 Fourth Tranche of 25 BOE Group

Technological Innovation Bonds MTN004

102582852 10 July 2025 11 July 2030 100000 1.70%

of BOE Technology Group Co. (Technological

Ltd. Innovation Bonds)

The 2025 Fifth Tranche of 25 BOE Group

Technological Innovation Bonds MTN005

102583095 24 July 2025 25 July 2028 100000 1.70%

of BOE Technology Group Co. (Technological

Ltd. Innovation Bonds)

The 2025 Sixth Tranche of 25 BOE Group

Technological Innovation Bonds MTN006 11 August

102583387 8 August 2025 100000 1.79%

of BOE Technology Group Co. (Technological 2028

Ltd. Innovation Bonds)

(2) Relevant Financial Information as of the End of the Reporting Period

Item 30 June 2025 31 December 2024

Debt/asset ratio 52.27% 52.43%

Item H1 2025 H1 2024

EBITDA-to-interest cover (times) 14.45 10.69

Part III Significant Events

1. The Company disclosed the Announcement on Not Exercising the Issuer’s Renewal Option for the 2022 Public Offering of

Renewable Corporate Bonds of BOE (for professional investors) (Digital Economy) (Phase I) (Announcement No. 2025-008) on

11 February 2025 and the third anniversary of 22BOEY1 fell on 25 March 2025. According to the relevant provisions of the

Prospectus and the Listing Declaration the Company decides not to exercise the renewal option of bond issuer. That is the current

bonds were to be fully redeemed. As the Company disclosed the Announcement on the Redemption of the Principal and Interest of

the "22BOEY1" Corporate Bonds and the De-listing of the Bonds (Announcement No. 2025-010) on 21 March 2025 it would pay

the interest of the bonds generated between 25 March 2024 and 24 March 2025 as well as the principal of the bonds on 25 March

2025 and de-list the bonds.

2. The Company disclosed the Announcement on the Public Offering of Corporate Bonds to Professional Investors Obtaining

Registration Approval from the CSRC (Announcement No. 2024-052) on 9 October 2024. The Company received the CSRC

Permit [2024] No. 1330 which agreed to the Company's public offering of corporate bonds with an aggregate nominal value of no

more than RMB10 billion to professional investors. The Company disclosed the Announcement on the Results of the Public

Offering of BOE Technology Group Co. Ltd. of Technological Innovation Corporate Bonds (First Tranche) in 2025 to

Professional Investors (Announcement No. 2025-049) on 14 June 2025. The offering period of this bond is from 12 June 2025 to

13 June 2025 with an amount of RMB2 billion and a coupon rate of 1.94%.

3. The Company disclosed the Announcement on Resolutions of the 1st Extraordinary General Meeting in 2025 (Announcement

No. 2025-002) Announcement on Resolutions of the 1st Meeting of the 11th Board of Directors (Announcement No. 2025-005)

and Announcement on Resolutions of the 1st Meeting of the 11th Supervisory Committee (Announcement No. 2025-006) on 15

4BOE Technology Group Co. Ltd. Interim Report 2025 (Summary)

January 2025 which reviewed and approved proposals related to general election and completed the general election. For more

details please refer to relevant announcements.

4. Following the approval of the Proposal on the Repurchase of Some Public Shares at the Fourth Meeting of the 11th Board of

Directors and the 2024 Annual General Meeting of Shareholders the Company disclosed the Announcement on the Repurchase of

Some Public Shares (Announcement No. 2025-029) on 22 April 2025 and the Report on the Repurchase of Some Public Shares

(Announcement No. 2025-045) on 10 June 2025. On 6 June 2025 the Company disclosed the Voluntary Information Disclosure

Announcement on Receiving a Letter of Loan Commitment and Obtaining Financing Support for Share

Repurchase (Announcement No. 2025-044). The Company received a Letter of Loan Commitment issued by Beijing Branch of

China Construction Bank Corporation committing to provide the Company with a special loan of RMB1.8 billion for share

repurchase. The Company carried out the first repurchase on 30 June 2025 and disclosed the Announcement on the First

Repurchase of Some Public Shares & Share Repurchase Progress (Announcement No. 2025-055) on 1 July 2025. On 5 August

2025 the Company disclosed the Announcement on Progress of the Repurchase of Some Public Shares (Announcement No. 2025-

058). As at 31 July 2025 the Company has implemented the repurchase of the Company's shares by means of centralized bidding

through a special securities account for the repurchase and the cumulative number of A Shares repurchased was 86715800

accounting for approximately 0.2361% of the Company's A Shares and 0.2318% of the Company's total share capital with the

highest transaction price of RMB4.09 per share and the lowest transaction price of RMB3.95 per share. The total amount paid was

RMB349012524 (exclusive of transaction costs). The above repurchase of the Company was in line with the requirements of

relevant laws and regulations as well as the established repurchase program of the Company.

5. On 19 June 2025 the Company disclosed the Announcement on the Distribution of the 2024 Final Dividend (Announcement

No. 2025-053). As the 2024 Final Dividend Plan had been approved at the 2024 Annual General Meeting of Shareholders on 23

May 2025 the Company distributed a 2024 final dividend of RMB0.5 per 10 shares (dividend to B-shareholders paid in HKD

according to the central parity rate of RMB and HKD declared by the People’s Bank of China on the first working day

immediately after the date of the relevant general meeting resolution) with no bonus issue from either profit or capital reserves.

6. The Company disclosed the Announcement on Resignation of Senior Management (Announcement No. 2025-057) on 10 July

2025 due to job transfer Mr. Guo Huaping applied for resignation as Senior Vice President and Chief Cultural Officer and will

not hold any position in the Company or any of its majority-owned subsidiaries after his resignation.Chairman of the Board (signature): Mr. Chen Yanshun

Date of the Board’s approval of this Report: 26 August 2025

5