The Third Quarter Financial Report of 2025 To be a Global Leading Crop Protection Company

Stock code: 301035 Stock abbreviation: Rainbow Agro Announcement No.: 2025-

061

SHANDONG WEIFANG RAINBOW CHEMICAL CO. LTD

The Third Quarter Financial Report of 2025

The Company and all members of the Board of Directors warrant that the information disclosed is true

accurate and complete without false records misleading statements or material omissions.

1. Consolidated balance sheet

Prepared by: Shandong Weifang Rainbow Chemical Co. Ltd

September 30 2025

Unit: RMB

Item Closing balance Opening balance

Current assets:

Monetary funds 4339962435.07 3127278835.99

Deposit reservation for balance

Lending to banks and other

financial institutions

Financial assets held for trading 13883443.27

Derivative financial assets 36111171.49 54510264.04

Notes receivable 10399309.87 1549052.97

Accounts receivable 5311193073.43 5383557983.75

Receivables financing 3939593.14 1781600.00

Pre-payments 109444371.28 73111436.20

Premium receivable

Re-insurance accounts

receivable

Reserves for re-insurance

contract receivable

Other receivables 73053224.74 44619050.70

Including: interest

receivable

Dividends

receivable

Financial assets purchased

1The Third Quarter Financial Report of 2025 To be a Global Leading Crop Protection Company

under resale agreement

Inventory 3017477181.86 2417727613.29

Including: Data resources

Contracted assets

Assets held for sale

Non-current assets that mature

within one year

Other current assets 466125430.26 373525517.33

Total current assets 13381589234.41 11477661354.27

Non-current assets:

Disbursed loans and advances

Debt investments

Other debt investment

Long-term receivables

Long-term equity investment 937915.06 1163628.51

Other equity instrument

investment

Other non-current financial

assets

Investment real estate 7419943.05 7888049.83

Fixed assets 2487255618.25 2329749377.60

Construction in progress 496009902.73 380857052.90

Productive biological assets

Oil and gas assets

Assets with rights of use 35120238.91 40483198.54

Intangible assets 347064146.99 289263633.21

Including: Data resources

Development expenditure 336930816.60 209479407.05

Including: Data resources

Goodwill 89560239.36 89560239.36

Long-term deferred expenses 26465331.27 30010596.27

Deferred income tax assets 290285433.24 351419889.32

Other non-current assets 66846911.93 88284699.67

Total non-current assets 4183896497.39 3818159772.26

Total assets 17565485731.80 15295821126.53

Current liabilities:

Short-term loan 2191394296.84 2499413865.13

Borrowings from the central

bank

Borrowing from banks and

financial institutions

Financial liabilities held for

trading

Derivative financial liabilities 117422066.69 8956113.54

2The Third Quarter Financial Report of 2025 To be a Global Leading Crop Protection Company

Notes payable 4556241988.49 3498164564.46

Accounts payable 1561191016.35 1054785779.66

Advance receipts 222816.73

Contract liability 108186713.41 105244393.90

Financial assets sold for

repurchase

Deposits and interbank deposits

received

Amount received from agency

trading of securities

Amount received from agency

underwriting of securities

Payroll payable 273003879.64 254619742.83

Taxes payable 215563137.32 133155202.22

Other payables 142995748.02 145690804.57

Including: Interests payable

Dividends payable 4531016.11

Charges and commissions

payable

Re-insurance accounts payable

Liabilities held for sale

Non-current liabilities due within

238031085.8263599585.20

one year

Other current liabilities 9338111.03 5682444.72

Total current liabilities 9413368043.61 7769535312.96

Non-current liabilities:

Provision for insurance contracts

Long-term loan 282100000.00 345772094.74

Bonds payable

Including: Preferred shares

Perpetual bonds

Lease liability 26815215.80 31665904.44

Long-term payables

Long-term payroll payable

Accrued liabilities

Deferred income 18828408.95 13105155.44

Deferred income tax liabilities 66007511.24 86672265.19

Other non-current liabilities

Total non-current liabilities 393751135.99 477215419.81

Total liabilities 9807119179.60 8246750732.77

Owner’s equity:

Share capital 280770974.00 280770974.00

Other equity instruments

Including: Preferred shares

3The Third Quarter Financial Report of 2025 To be a Global Leading Crop Protection Company

Perpetual bonds

Capital reserve 2464548672.39 2442307122.42

Less: Treasury stock 124837079.67 124837079.67

Other comprehensive income -62995026.27 -5194711.56

Special reserve 46837027.58 46616455.84

Surplus reserve 158674657.07 158674657.07

General risk reserve

Undistributed profit 4540593714.68 3862347597.59

Total owners' equity attributed to

7303592939.786660685015.69

parent company

Minority shareholder's interest 454773612.42 388385378.07

Total owner's equity 7758366552.20 7049070393.76

Total liabilities and owners equity 17565485731.80 15295821126.53

Legal Representative: Chief Accountant in Charge: Chief of Accounting

Institution:

Wicky Wang Xing Bingpeng

Zhang Baolin

2. Consolidated income statement from the start of 2025 to the end of Q3 2025

Unit: RMB

Item Amount incurred in Q3 2025 Amount incurred in Q3 2024

I. Gross Operating Income 10911452781.83 9785195972.58

Including: Operating income 10911452781.83 9785195972.58

Interest income

Premium earned

Handling charges and

commissions income

II. Total Operating Costs 9410987950.18 9252287316.15

Including: Costs of business 8501898847.49 7792500818.76

Interest expenses

Handling charges and

commission expenses

Surrender value

Net payments for

insurance claims

Net withdrawal of

reserve for insurance responsibility

contracts

Expenditures of policy

dividend

Re-insurance expense

Taxes and surcharges 49558778.47 39814479.82

Sales expenses 541276149.24 423513169.91

4The Third Quarter Financial Report of 2025 To be a Global Leading Crop Protection Company

Management expenses 401415429.92 347669755.50

R&D expenditures 133772534.32 125724753.40

Financial expenses -216933789.26 523064338.76

Including: Interest 75022595.81 99487677.45

expenses

Interest 32405171.62 43940586.89

income

Add: Other incomes 4654362.94 3991872.23

Income from investment ("-" for -16249258.28 49165040.33

loss)

Including: Income

from investment in associated -225713.45 -328142.06

enterprises and joint ventures

Income

recognized at termination of

financial assets measured at

amortized cost

Foreign

exchange gain ("-" for loss)

Net exposure

hedging income ("-" for loss)

Income from -128100023.82 2019179.28

changes in fair value ("-" for loss)

Credit -114676622.01 -54849016.88

impairment losses ("-" for loss)

Asset -2428761.50 -2669069.36

impairment losses ("-" for loss)

Gains from 165266.75 372584.56

asset disposal ("-" for loss)

III. Operating profit ("-" for loss) 1243829795.73 530939246.59

Add: Non-operating income 5315310.98 5516285.50

Less: Non-operating expenses 17152244.50 11676646.36

IV. Total profit ("-" for total loss) 1231992862.21 524778885.73

Less: Income tax expenses 234569908.14 124761602.87

V. Net profit ("-" for net loss) 997422954.07 400017282.86

(I) Classification by business

continuity

1. Net profit from continuing

997422954.07400017282.86

operations ("-" for net loss)

2. Net profit from discontinued

operations ("-" for net loss)

(II) Classification by ownership

1. Net profit attributable to

shareholders of the parent 889733619.13 341563969.19

company ("-" for net loss)

2. Profit and loss of minority

107689334.9458453313.67

shareholders ("-" for net loss)

VI. Net amount after tax of other

-57800314.71-42550846.46

comprehensive income

Net amount of other

-57800314.71-42550846.46

comprehensive income after tax

5The Third Quarter Financial Report of 2025 To be a Global Leading Crop Protection Company

attributed to the

owners of parent company

(I) Other comprehensive income

that

cannot be reclassified into profit

or loss

1. Changes due to re-

measurement on defined

benefit plan

2. Other comprehensive income

that

cannot be converted into

profit and loss under the equity

method

3. Changes in fair value of

other equity instrument

investments

4. Changes in the fair value of

the credit risk of the enterprise

5. Other

(ii) Other comprehensive income

that will be reclassified into profit -57800314.71 -42550846.46

and loss

1. Other comprehensive

income that can be converted

to profit or loss under the equity

method

2. Changes in fair value

for other investment on

bonds

3. Amount of financial assets

reclassified into other

comprehensive income

4. Provision for credit

impairment of other

creditor's rights investment

5. Cash flow hedge reserve

6. Difference of foreign

currency financial -57800314.71 -42550846.46

statement translation

7. Other

Net amount of other

comprehensive

income after tax attributed to

minority shareholders

VII. Total comprehensive income 939622639.36 357466436.40

(i) Total comprehensive

income attributed to parent 831933304.42 299013122.73

company owners

(ii) Total comprehensive

income attributed to minority 107689334.94 58453313.67

shareholders

VIII. Earnings per Share:

(i) Basic earnings per share 3.20 1.23

(ii) Diluted earnings per share 3.18 1.22

Legal Representative: Chief Accountant in Charge: Chief of Accounting

Institution:

Wicky Wang Xing Bingpeng

6The Third Quarter Financial Report of 2025 To be a Global Leading Crop Protection Company

Zhang Baolin

3. Consolidated cash flow statement from the start of 2025 to the end of Q3 2025

Unit: RMB

Item Amount incurred in Q3 2025 Amount incurred in Q3 2024

I. Cash Flows Generated from

Operating Activities:

Cash received from sales of 10927180152.79 9785676523.98

goods and services

Net increase in deposit from

customers and interbank

Net increase in borrowing

from central bank

Net increase in borrowings

from other financial

institutions

Cash receipts from

premiums under direct

insurance contracts

Net cash receipts from re-

insurance business

Net cash receipts from

policyholders' deposits and

investments

Cash receipts from interest

handling fees and

commissions

Net increase in capital

borrowed from banks and

other financial institutions

Net increase in repurchase

business capital

Net cash received from

securities trading brokerage

Cash receipts from tax refunds 682472830.95 559950192.80

Cash received relating

to other operating 45534591.11 53448744.62

activities

Subtotal of cash inflow in business

11655187574.8510399075461.40

activities

Cash payments for goods

acquired and services 8193069943.45 8690179604.53

received

Net increase in customer

loans and advances

Net increase in deposits in

central bank and interbank

Cash payments for original

insurance contract claims

Net increase in lending funds

from banks and other financial

institutions

7The Third Quarter Financial Report of 2025 To be a Global Leading Crop Protection Company

Cash payments for interest

fee and commission

Cash payments for

insurance

policyholder

dividends

Cash payments to

employees and on behalf of 749380596.43 649126850.71

employees

Cash payments for taxes 234736883.10 174285039.83

Other cash payments

relating to operating 737685814.09 426402544.95

activities

Subtotal of cash outflow in

9914873237.079939994040.02

business activities

Net cash flow from operating

1740314337.78459081421.38

activities

II. Cash Flows from Investing

Activities:

Cash receipts from

investment withdrawal

Cash receipts from

return on investments

Net cash receipts from

disposals of fixed assets 10964665.77

intangible assets and other

long- term assets

Net cash receipts from disposal

of

subsidiary or any other business

unit

Other cash receipts relating to 15056546.36 49560659.67

investing activities

Subtotal of cash inflow in

15056546.3660525325.44

investment activities

Cash payments to acquire or

construct fixed assets 551490687.04 441397785.79

intangible assets and other

long-term assets

Cash payments for investment

Net increase in pledged loans

Net cash payments to acquire

subsidiary and other business

units

Other cash payments

relating to investment 32427588.54

activities

Subtotal of cash outflow in

583918275.58441397785.79

investment activities

Net cash flow in investment

-568861729.22-380872460.35

activities

III. Cash Flows from Financing

Activities:

Cash received from capital

contributions

Including: Cash received from

8The Third Quarter Financial Report of 2025 To be a Global Leading Crop Protection Company

investment of minority

shareholder from subsidiary

Cash receipts from borrowings 1857928465.40 4086885629.73

Other cash receipts relating to

financing activities

Subtotal of cash inflow in

1857928465.404086885629.73

financing activities

Cash repayments of borrowings 2143533066.02 3112746706.74

Cash payments for distribution of

dividends profits or cash 303857067.85 396722978.21

payments for interest expenses

Including: Dividends and

profits paid to minority

shareholders by subsidiaries

Other cash paid related to

financing activities

Subtotal of cash outflow in

2447390133.873509469684.95

financing activities

Net cash flow from financing

-589461668.47577415944.78

activities

IV. Effect of Exchange Rate

Changes on Cash and Cash 40593995.74 98278584.55

Equivalents

V. Net Increase in Cash and Cash

622584935.83753903490.36

Equivalents

Add: Beginning balance of 1288636135.42 1185554395.09

cash and cash equivalents

VI. Closing Balance of Cash and

1911221071.251939457885.45

Cash Equivalents

In case of any discrepancies between English and Chinese versions of the "The Third Quarter

Report of 2025" the Chinese version shall prevail.SHANDONG WEIFANG RAINBOW CHEMICAL CO.LTD

Board of Directors

October 24 2025

9