Stock code: 301035 Stock abbreviation: Rainbow Agro Announcement

No.: 2025-046

SHANDONG WEIFANG RAINBOW CHEMICAL CO. LTD

The Semi-Annual 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

June 30 2025

Unit: RMB

Item Closing balance Opening balance

Current assets:

Monetary funds 3293204818.57 3127278835.99

Deposit reservation for

balance

Lending to banks and other

financial institutions

Financial assets held for 14145988.54

trading

Derivative financial assets 38075848.59 54510264.04

Notes receivable 1368785.63 1549052.97

Accounts receivable 5052256344.84 5383557983.75

Receivables financing 1313883.20 1781600.00

Pre-payments 117617947.76 73111436.20

Premium receivable

Re-insurance accounts

receivable

Reserves for re-insurance

contract receivable

Other receivables 50443545.40 44619050.70

Including.: interest

receivable

Dividends

receivable

Financial assets

1purchased under resale

agreement

Inventory 3380917800.70 2417727613.29

Including: Data resources

Contracted assets

Assets held for sale

Non-current assets that

mature within one year

Other current assets 464611225.01 373525517.33

Total current assets 12413956188.24 11477661354.27

Non-current assets:

Disbursed loans and advances

Debt investments

Other debt investment

Long-term receivables

Long-term equity investment 936600.94 1163628.51

Other equity instrument

investment

Other non-current financial

assets

Investment real estate 7575978.65 7888049.83

Fixed assets 2458095327.04 2329749377.60

Construction in progress 465409607.61 380857052.90

Productive biological assets

Oil and gas assets

Assets with rights of use 39829013.71 40483198.54

Intangible assets 324493034.40 289263633.21

Including: Data resources

Development expenditure 298344522.22 209479407.05

Including: Data resources

Goodwill 89560239.36 89560239.36

Long-term deferred expenses 28095697.51 30010596.27

Deferred income tax assets 268348356.73 351419889.32

Other non-current assets 71805285.51 88284699.67

Total non-current assets 4052493663.68 3818159772.26

Total assets 16466449851.92 15295821126.53

Current liabilities:

Short-term loan 1945564956.87 2499413865.13

Borrowings from the central

bank

Borrowing from banks and

financial institutions

Financial liabilities held for

trading

Derivative financial liabilities 95379692.71 8956113.54

Notes payable 3767225224.12 3498164564.46

Accounts payable 1855414497.59 1054785779.66

2Advance receipts 223964.47 222816.73

Contract liability 109370026.03 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 214461077.07 254619742.83

Taxes payable 140412966.95 133155202.22

Other payables 158881988.63 145690804.57

Including: Interests payable

Dividends payable 629207.15 4531016.11

Charges and commissions

payable

Re-insurance accounts

payable

Liabilities held for sale

Non-current liabilities due 78539003.48 63599585.20

within one year

Other current liabilities 288404.83 5682444.72

Total current liabilities 8365761802.75 7769535312.96

Non-current liabilities:

Provision for insurance

contracts

Long-term loan 450900000.00 345772094.74

Bonds payable

Including: Preferred shares

Perpetual bonds

Lease liability 29233793.58 31665904.44

Long-term payables

Long-term payroll payable

Accrued liabilities

Deferred income 16561414.40 13105155.44

Deferred income tax liabilities 79260737.46 86672265.19

Other non-current liabilities

Total non-current liabilities 575955945.44 477215419.81

Total liabilities 8941717748.19 8246750732.77

Owner’s equity:

Share capital 280770974.00 280770974.00

Other equity instruments

Including: Preferred shares

Perpetual bonds

Capital reserve 2457134822.40 2442307122.42

Less: Treasury stock 124837079.67 124837079.67

Other comprehensive income -44442266.66 -5194711.56

Special reserve 49841663.00 46616455.84

3Surplus reserve 158674657.07 158674657.07

General risk reserve

Undistributed profit 4303859015.99 3862347597.59

Total owners' equity

attributed to parent 7081001786.13 6660685015.69

company

Minority shareholder's interest 443730317.60 388385378.07

Total owner's equity 7524732103.73 7049070393.76

Total liabilities and owners equity 16466449851.92 15295821126.53

Legal Representative: Chief Accountant in Charge: Chief of Accounting

Institution:

Wicky Wang Xing Bingpeng

Zhang Baolin

2. Parent company balance sheet

Unit: RMB

Item Closing balance Opening balance

Current assets:

Monetary funds 1776898499.47 1745702532.83

Financial assets held for trading

Derivative financial assets 31420328.87 36153012.87

Notes receivable 318834.40 100777352.97

Accounts receivable 5151793378.64 5255966991.51

Receivables financing

Pre-payments 53211203.09 26327030.83

Other receivables 584088236.28 827137826.52

Including.: interest receivable

Dividends receivable 57997044.00

Inventory 733443712.75 382721168.66

Where: Data resource

Contracted assets

Assets held for sale

Non-current assets that

mature within one year

Other current assets 84258323.95 84191716.69

Total current assets 8415432517.45 8458977632.88

Non-current assets:

Debt investments

Other debt investment

Long-term receivables

Long-term equity investment 739172146.52 708537671.47

Other equity instrument

investment

Other non-current financial

assets

Investment real estate

4Fixed assets 1047710748.46 1055912307.55

Construction in progress 239442215.13 193900080.83

Productive biological assets

Oil and gas assets

Assets with rights of use 15256717.26 13667972.85

Intangible assets 107074843.52 90785820.37

Where: Data resource

Development expenditure 274585455.08 188541166.31

Where: Data resource

Goodwill

Long-term deferred expenses 4317260.50 2730886.85

Deferred income tax assets 47128011.63 30108880.60

Other non-current assets 19633417.57 36293160.54

Total non-current assets 2494320815.67 2320477947.37

Total assets 10909753333.12 10779455580.25

Current liabilities:

Short-term loan 1228200199.56 1743556890.60

Financial liabilities held for

trading

Derivative financial liabilities 88528336.29 122402.72

Notes payable 2485483823.88 2510861365.00

Accounts payable 1408206436.66 975642891.59

Advance receipts

Contract liability 28530469.31 21771888.14

Payroll payable 121219868.40 158726601.57

Taxes payable 25988393.82 4561605.12

Other payables 451759278.72 401271207.72

Including: Interests payable

Dividends payable

Liabilities held for sale

Non-current liabilities due 4560445.18 6771511.70

within one year

Other current liabilities 2437064.69

Total current liabilities 5842477251.82 5825723428.85

Non-current liabilities:

Long-term loan 462000000.00 314000000.00

Bonds payable

Including: Preferred shares

Perpetual bonds

Lease liability 7089659.44 7120592.62

Long-term payables

Long-term payroll payable

Accrued liabilities

Deferred income 1029935.67 1252636.77

Deferred income tax liabilities 49550333.20 53710787.58

Other non-current liabilities

5Total non-current liabilities 519669928.31 376084016.97

Total liabilities 6362147180.13 6201807445.82

Owner’s equity:

Share capital 280770974.00 280770974.00

Other equity instruments

Including: Preferred shares

Perpetual bonds

Capital reserve 2461527628.55 2446699928.57

Less: Treasury stock 124837079.67 124837079.67

Other comprehensive income

Special reserve 15496801.68 15285996.14

Surplus reserve 158674657.07 158674657.07

Undistributed profit 1755973171.36 1801053658.32

Total owner’s equity 4547606152.99 4577648134.43

Total liabilities and owners’

equity 10909753333.12 10779455580.25

3. Consolidated income statement

Unit: RMB

Item First half year of 2025 First half year of 2024

I. Gross Operating Income 6530775333.21 5681756659.38

Including: Operating income 6530775333.21 5681756659.38

Interest income

Premium earned

Handling charges and

commissions income

II. Total Operating Costs 5573557041.59 5422424326.73

Including: Costs of business 5132088779.50 4532572886.98

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 31924687.74 26914381.04

Sales expenses 340844593.06 267719127.15

Management expenses 253142837.69 212412218.74

R&D expenditures 83428312.99 71842120.14

Financial expenses -267872169.39 310963592.68

Including: Interest expenses 54421293.57 58196033.29

Interest income 22868444.04 22157882.37

Add: Other incomes 2896342.94 3850926.70

Income from investment ("-" for 8310640.32 26115170.54

loss)

6Including: Income from

investment in associated -227027.57 -220781.51

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 changes in fair -103932260.64 19010682.28

value ("-" for loss)

Credit impairment losses ("-" for -31754949.06 -22343322.79

loss)

Asset impairment losses ("-" for 2484162.82 -739835.93

loss)

Gains from asset disposal ("-" for 196758.48 224678.18

loss)

III. Operating profit ("-" for loss) 835418986.48 285450631.63

Add: Non-operating income 3812711.81 8474865.96

Less: Non-operating expenses 12384714.09 6538305.03

IV. Total profit ("-" for total loss) 826846984.20 287387192.56

Less: Income tax expenses 202444316.94 70960584.49

V. Net profit ("-" for net loss) 624402667.26 216426608.07

(I) Classification by business

continuity

1. Net profit from continuing 624402667.26 216426608.07

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 555603360.29 181794252.02

company ("-" for net loss)

2. Profit and loss of

minority shareholders 68799306.97 34632356.05

("-" for net loss)

VI. Net amount after tax of other

comprehensive income -39247555.10 -22878925.34

Net amount of other

comprehensive income after tax

attributed to the -39247555.10 -22878925.34

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

7cannot 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 -39247555.10 -22878925.34

reclassified into profit 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 -39247555.10 -22878925.34

statement translation

7. Other

Net amount of other

comprehensive

0.00

income after tax attributed to

minority shareholders

VII. Total comprehensive income 585155112.16 193547682.73

Total comprehensive income

attributed to parent company 516355805.19 158915326.68

owners

Total comprehensive income

attributed to minority 68799306.97 34632356.05

shareholders

VIII. Earnings per Share:

(i) Basic earnings per share 2 0.65

(ii) Diluted earnings per share 1.99 0.65

Legal Representative: Chief Accountant in Charge: Chief of Accounting

Institution:

Wicky Wang Xing Bingpeng

Zhang Baolin

4. Income statement of the parent company

Unit: RMB

Item First half year of 2025 First half year of 2024

I. Operating income 4176268506.62 3776707791.28

Less: operating cost 3757680537.28 3507244191.11

Taxes and surcharges 6749894.18 6281374.35

8Sales expenses 66572662.45 67879398.57

Management expenses 93158533.36 67066449.58

R&D expenditures 72141841.56 63929706.30

Financial expenses 10025069.02 -33901338.44

Including: Interest expenses 31883219.45 29851977.51

Interest income 10960425.25 13531089.54

Add: Other incomes 1702844.32 2356305.96

Income from investment ("-" for -3770630.77 18562000.78

loss)

Including: Income from

investment in associated -227027.57 -220781.51

enterprises and joint

ventures

Income recognized at

termination of

financial assets measured at

amortized cost

Net exposure hedging

income ("-" for loss)

Income from changes in fair -93138617.57

value ("-" for loss)

Credit impairment losses ("-" for -2311129.63 -8432236.26

loss)

Asset impairment losses ("-" for 1689252.93 93739.98

loss)

Gains from asset disposal ("-" for -101737.45 5559.91

loss)

II. Operating profit ("-" for loss) 74009950.60 110793380.18

Add: Non-operating income 1679196.97 2412960.61

Less: Non-operating expenses 2692304.16 3563425.21

III. Total profit ("-" for total loss) 72996843.41 109642915.58

Less: Income tax expenses 3985388.48 15771247.45

IV. Net profit ("-" for net loss) 69011454.93 93871668.13

(I) Net profit from continuing 69011454.93 93871668.13

operations ("-" for net loss)

(II) Net profit from

discontinued operations

("-" for net loss)

V. Other comprehensive

income net of taxes

(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

94. Changes in the fair value of

the credit risk of the enterprise

5. Other

(ii) Other comprehensive

income that will be

reclassified into profit 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

statement translation

7. Other

VI. Total comprehensive income 69011454.93 93871668.13

VII. Earnings per share:

(i) Basic earnings per share

(ii) Diluted earnings per share

5. Consolidated cash flow statement

Unit: RMB

Item First half year of 2025 First half year of 2024

I. Cash Flows Generated from

Operating Activities:

Cash received from sales of 6906297512.09 6098881356.71

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

10borrowed from banks and

other financial institutions

Net increase in repurchase

business capital

Net cash received from

securities trading brokerage

Cash receipts from tax refunds 388284054.79 390028063.11

Cash received relating

to other operating 52540979.14 115824970.74

activities

Subtotal of cash inflow in 7347122546.02 6604734390.56

business activities

Cash payments for goods

acquired and services 5163283866.38 5799850517.80

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

Cash payments for interest

fee and commission

Cash payments for

insurance

policyholder

dividends

Cash payments to

employees and on behalf of 534858703.95 474840586.27

employees

Cash payments for taxes 225065299.03 153815653.42

Other cash payments

relating to operating 530732434.50 314978847.85

activities

Subtotal of cash outflow in 6453940303.86 6743485605.34

business activities

Net cash flow from operating

activities 893182242.16 -138751214.78

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 25129385.57

intangible assets and other

long- term assets

Net cash receipts from disposal

of

subsidiary or any other business

unit

Other cash receipts relating to 12202376.62 28976011.37

investing activities

11Subtotal of cash inflow in 12202376.62 54105396.94

investment activities

Cash payments to acquire or

construct fixed assets 337171498.84 408845111.14

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 4460264.70

activities

Subtotal of cash outflow in

investment activities 341631763.54 408845111.14

Net cash flow in investment

activities -329429386.92 -354739714.20

III. Cash Flows from Financing

Activities:

Cash received from capital

contributions

Including: Cash received from

investment of minority

shareholder from subsidiary

Cash receipts from borrowings 1265030200.31 2818924833.84

Other cash receipts relating to

financing activities

Subtotal of cash inflow in 1265030200.31 2818924833.84

financing activities

Cash repayments of borrowings 1657274252.11 1766456617.44

Cash payments for distribution of

dividends profits or cash 158960983.28 336858127.29

payments for interest expenses

Including: Dividends and

profits paid to minority

shareholders by subsidiaries

Other cash paid related to 8672902.27

financing activities

Subtotal of cash outflow in 1824908137.66 2103314744.73

financing activities

Net cash flow from financing

activities -559877937.35 715610089.11

IV. Effect of Exchange Rate

Changes on Cash and Cash 33079671.56 108204723.35

Equivalents

V. Net Increase in Cash 36954589.45 330323883.48

and Cash Equivalents

Add: Beginning balance of 1288636135.42 1185554395.09

cash and cash equivalents

VI. Closing Balance of Cash 1325590724.87 1515878278.57

and Cash Equivalents

6. Cash flow statement of the parent company

Unit: RMB

Item First half year of 2025 First half year of 2024

I. Cash Flows Generated from

12Operating Activities:

Cash received from sales of 3993696272.32 3017021578.12

goods and services

Cash receipts from tax refunds 313583627.40 315650646.17

Cash received relating

to other operating 41166090.40 386675610.32

activities

Subtotal of cash inflow in 4348445990.12 3719347834.61

business activities

Cash payments for goods

acquired and services 3411163568.62 2657901466.52

received

Cash payments to

employees and on behalf of 284045562.70 201124025.91

employees

Cash payments for taxes 35986808.10 46568226.23

Other cash payments

relating to operating 63419778.84 994641806.92

activities

Subtotal of cash outflow in 3794615718.26 3900235525.58

business activities

Net cash flow from operating

activities 553830271.86 -180887690.97

II. Cash Flows from Investing

Activities:

Cash receipts from

investment withdrawal 0.00

Cash receipts from

return on investments 57997044.00

Net cash receipts from

disposals of fixed assets 0.00 308286.60

intangible assets and other

long- term assets

Net cash receipts from disposal

of 0.00

subsidiary or any other business

unit

Other cash receipts relating to 0.00 18603136.95

investing activities

Subtotal of cash inflow in 57997044.00 18911423.55

investment activities

Cash payments to acquire or

construct fixed assets 211534506.64 146426522.21

intangible assets and other

long-term assets

Cash payments for investment 0.00

Net cash payments to acquire

subsidiary and other business 0.00

units

Other cash payments

relating to investment 3543603.20 512833.96

activities

Subtotal of cash outflow in 215078109.84 146939356.17

investment activities

Net cash flow in investment

activities -157081065.84 -128027932.62

III. Cash Flows from Financing

Activities:

Cash received from capital

contributions 0.00

13Cash receipts from borrowings 929839075.14 2023710035.75

Other cash receipts relating to 0.00 1202628.69

financing activities

Subtotal of cash inflow in 929839075.14 2024912664.44

financing activities

Cash repayments of borrowings 1200596109.70 1468138593.88

Cash payments for distribution of

dividends profits or cash 145122083.92 307654408.71

payments for interest expenses

Other cash paid related to 5707075.53

financing activities

Subtotal of cash outflow in 1351425269.15 1775793002.59

financing activities

Net cash flow from financing

activities -421586194.01 249119661.85

IV. Effect of Exchange Rate

Changes on Cash and Cash 18505838.69 39648688.36

Equivalents

V. Net Increase in Cash -6331149.30 -20147273.38

and Cash Equivalents

Add: Beginning balance of 483251737.68 472609515.86

cash and cash equivalents

VI. Closing Balance of Cash 476920588.38 452462242.48

and Cash Equivalents

7. Consolidated statement of changes in owners' equity

Amount in the current period

Unit: RMB

First half year of 2025

Equity attributed to owners of the parent company

Minority

Item Other equity instruments

Share Less: Other Gener

Total

Capit Specia Surplu al Undistr shareh owner’

capita Preferre Perpetu al Treasur Compr l s

ibuted Other Subtot older’s s

d al Othe y ehensi risk al

r reserv ve reserve reserv profit interestl equity

shares bonds e stock incom e

reserve

e

I. Balance at 28077 2442 - 15867 3862 66606 70490124837 46616 388385

the end of the 0974. 30712 51947 4657. 34759 85015. 70393.079.67 455.84 378.07

previous year: 00 2.42 11.56 07 7.59 69 76

Add: Changes

in accounting

policies

Correction of

errors from

previous

period

Other

II. Opening 28077 2442 - 15867 3862 66606 70490

12483746616388385

balance of the 0974. 30712 51947 4657. 34759 85015. 70393.

079.67455.84378.07

current year 00 2.42 11.56 07 7.59 69 76

III. Changes in

14827-4415147566

Current 32252 420316 55344

699.9392471418.1709.9

Period (“-” for 07.16 770.44 939.53

8555.10407

decrease)

(I) Total - 55560 58515

51635568799

comprehensiv 39247 3360. 5112.1

805.19306.97

e income 555.10 29 6

14(II) Capital

14827

contribution 14827 14827

699.9

and reduction 699.98 699.98

8

by owners

1. Ordinary

shares

invested by

owners

2. Capital

contributed

from other

equity

instrument

holders

3. Amounts of

share-based 14827

1482714827

payments 699.9

699.98699.98

recognized in 8

owners' equity

4. Other

--

--

(III) Profit 11409 12754

11409113454

distribution 1941. 6309.3

941.89367.44

893

1. Appropriatio

n of surplus

reserve

2. Appropriatio

n

of general risk

reserve

3. Distribution - -- -

to owners (or 11409 12754114091 13454

shareholders) 1941. 6309.3941.89 367.44

893

4. Other

(IV) Internal

carry-over of

owners'

equity

1. Capital

reserve

converted

into capital

(or share

capital)

2. Surplus

reserve

converted

into capital

(or share

capital)

3. Recovery of

losses by

surplus

15reserves

4. Carry-over

retained

earnings from

defined

benefit plan

changes

5. Carry-over

retained

earnings from

other

comprehensiv

e income

6. Other

(V) Special 32252 32252 32252

reserves 07.16 07.16 07.16

1. Withdrawal

200942009420094

in the current

611.10611.10611.10

period

2. Use in the 16869 16869 16869

current 403.94 403.94 403.94

period

(VI) Other 0.00

IV. Balance at 28077 2457 - 15867 4303 70810 75247

the end of the 124837 49841 4437300974. 13482 44442 4657. 85901 01786. 32103.current 079.67 663.00 317.6000 2.40 266.66 07 5.99 13 73

period

Amount of previous year

Unit: RMB

First half year of 2024

Equity attributed to owners of the parent company

Minorit

Item Other equity instruments

Share Less: Other Gener y Total

Capit Specia Surplus al Undistrib owner’

capit Preferre al Treasur Compr l uted Othe Subtot sharehPerpetu s

d al Othe y ehensiv reserve risk r al older’s

al r reserv e reserv profit equity

shares bonds e stock income e

reserve interest

I. Balance

27862382-15867654612935368396

at the end 38596 374108

620993225537974657.053851.8110.491961.

of the 260.53 6359.04

4.002.27771.67724872

previous

year:

Add:

Changes

in

accounting

policies

Correction of

errors

from

previous

period

Other

II. Opening 2786 2382 - 38596 15867 374108 65461 29353 68396

balance of 6209 93225 53797 260.53 4657.0 6359.04 53851. 8110.4 91961.

16the current

4.002.27771.67724872

year

III. Changes

in Current 10510 - - - -

7816934632

Period (“-” 900.0 22878 968678 101418 6678655.83 356.05

for 2 925.34 41.98 911.47 555.42

decrease)

(I) Total -

18179415891534632193547

comprehen 22878

252.02326.68356.05682.73

sive income 925.34

(II) Capital

contributio 10510

n 10510 10510900.0

and 900.02 900.022

reduction

by owners

1. Ordinary

shares

invested by

owners

2. Capital

contribut

ed from

other

equity

instrument

holders

3. Amounts

of

share-based 10510

payments 10510 10510900.0

recognized 900.02 900.02

in 2

owners'

equity

4. Other

(III) Profit - - -

distributio 278662 278662 278662

n 094.00 094.00 094.00

1.

Appropriati

on of surplus

reserve

2.

Appropriatio

n

of general

risk reserve

3. Distribution - - -

to owners (or 278662 278662 278662

shareholders 094.00 094.00 094.00

)

4. Other

(IV) Internal

carry-over

17of owners'

equity

1. Capital

reserve

converted

into capital

(or share

capital)

2. Surplus

reserve

converted

into capital

(or share

capital)

3. Recovery

of losses by

surplus

reserve

s

4. Carry-over

retained

earnings

from

defined

benefit plan

changes

5. Carry-over

retained

earnings

from

other

comprehensi

v

e income

6. Other

(V) 78169 78169 78169

Special

55.8355.8355.83

reserves

1.

Withdrawal

207752077520775

in the

360.08360.08360.08

current

period

2. Use in 12958 12958 12958

the current 404.25 404.25 404.25

period

(VI) Other

IV. Balance

at 2786 2393 - 15867 64447 32817 67729

46413364421

the end of 6209 44315 76676 4657.0 34939. 0466.5 05406.

216.368517.06

the current 4.00 2.29 697.01 7 77 3 30

period

8. Statement of changes in owner's equity of the parent company

Amount in the current period

Unit: RMB

18First half year of 2025

Other equity instruments Other

Share

Item Capit Less: compr Special ehensi al Surplus

Undistr Total

capita Preferre Perpetu ibutedOthe Treasury ve reserv Otherd owner’s

l al reserv reserv profit

shares stockbonds r incom e equitye e

e

I. Balance 2446 1801

at the end 2807 1528 1586 45776699 124837 053

of the 7097 5996 7465 48134.928.5 079.67 658.3

previous 4.00 .14 7.07 43

year: 7 2

Add:

Changes

in

accountin

g policies

Correction

of errors

from

previous

period

Other

II. Opening

24461801

balance 2807 1528 1586 45776699 124837 053

of 7097 5996 7465 48134.

928.5079.67658.3

the 4.00 .14 7.07 43

current 7 2

year

III.Changes -

in Current 1482 -2108 4508

769930041Period (“- 05.54 0486.98981.44

”for .96

decrease)

(I) Total 6901

compreh 690111454

ensi ve 454.93.93

income

(II) Capital

contributi 1482

on and 148277699

reduction 699.98.98

by

owners

1.

Ordinary

shares

invested

by

owners

2. Capital

contribute

d

from

other

equity

instrume

19nt

holders

3.

Amounts

of share-

based 1482 14827

payments 7699 699.98

recognize .98

d in

owners'

equity

4. Other

-

(III) Profit -1140

distributi 1140919194

on 941.891.89

1. Approp

riation of

surplus

reserve

2.

Distribution -

-

to owners 1140 114091

(or 9194

941.89

sharehold 1.89

ers )

3. Other

(IV)

Internal

carry-over

of owners'

equity

1.

Capita

l

reserve

converted

into

capital

(or share

capital)

2. Surplus

reserve

converted

into capital

(or share

capital)

3.

Recovery

of losses

by

surplus

reserves

4.Carry-

over

retained

20earnings

from

defined

benefit

plan

changes

5. Carry-

over

retained

earnings

from other

compreh

ensive

income

6. Other

(V) 2108 210805

Special

05.54.54

reserves

1.

Withdra

wal in 1026

the 102699781

Curre 781.17.17

nt

perio

d

2. Use in 1005

the 100588975

current 975.63.63

period

(VI) Other

IV.Balance

24611755

at the end 2807 1549 1586 45476

of 527 124837 9737097 6801 7465 06152.the 628.5 079.67 171.34.00 .68 7.07 99

current 5 6

period

Amount in the previous period

Unit: RMB

First half year of 2024

Other equity instruments Other Total

Share Speci Surplus Undistr

Item Preferre Perpetu Capit Less: compr al owner

capit d al Othe al ehensi reserv

ibuted Other

r Treasury ’s

al shares bonds reserv ve

reserv e profit

stock e equity

e incom

e

I. Balance

at the 278 2389 1966 4806

13001586

end of 662 729 740 810

40137465

the 094. 206.1 756.9 728.1.987.07

previous 00 7 2 4

year:

Add:

Changes

21in

accountin

g policies

Correctio

n of

errors

from

previou

s

period

Other

II.Opening

balance 278 2389 1966 48061300 1586

of 662 729 740 8104013 7465

the 094. 206.1 756.9 728.1.98 7.07

current 00 7 2 4

year

III.Chang

es in - -

10512074

Current 1847 1722

0900510.

Period 9042 0501.0238

(“-”5.875.47

for

decrease

)

(I) Total 9387 9387

compreh 1668 1668

ensi ve.13.13

income

(II)

Capital

contribu 1051 1051

tion and 0900 0900

reductio .02 .02

n by

owners

1.

Ordinar

y

shares

investe

d by

owners

2. Capital

contribut

ed

from

other

equity

instrum

ent

holders

3.10511051

Amount 0900 0900

s of .02 .02

22share-

based

payments

recogniz

ed in

owners'

equity

4. Other

(III) - -

Profit 2786 2786

distributi 6209 6209

on 4.00 4.00

1. Appro

priation

of surplus

reserve

2.

Distributi

--

on to

27862786

owners

62096209

(or

4.004.00

Sharehold

ers)

3. Other

(IV)

Internal

carry-

over of

owners'

equity

1.

Capit

al

reserv

e

converte

d

into

capital

(or

share

capital

)

2.

Surplu

s

reserv

e

converte

d

into

capital

(or

share

capital

)

233.

Recovery

of losses

by

surplus

reserves

4. Carry-

over

retained

earnings

from

defined

benefit

plan

change

s

5. Carry-

over

retained

earnings

from

other

compreh

ensi ve

income

6. Other

(V)

Specia 2074 2074

l 510. 510.reserve 38 38

s

1.

Withdra

wal in 1096 1096

the 3770 3770

curr .14 .14

ent

peri

od

2. Use in 8889 8889

the 259. 259.current 76 76

period

(VI) Other

IV.Balance

278240017814634

at the 1507 1586

end of 662 240 950 6058524 7465

the 094. 106.1 331.0 712.6.36 7.07

current 00 9 5 7

period

In case of any discrepancies between English and Chinese versions of the "2025 Semi-

Annual Report" the Chinese version shall prevail.

24SHANDONG WEIFANG RAINBOW CHEMICAL CO.LTD

Board of Directors

August 25 2025

25