Investor

Presentation

2025 Q3 Report

1Rainbow Global Manufacturing Subsidiary /

Base Office R&D Centers

Weifang Qingdao Ningxia 8600+ Registrations Globally

Manufacturing Bases

Spain Manufacturing Base

Jinan Office

U.S. Houston Champaign

Manufacturing Bases

Weifang Jinan R&D Centers

Weifang Process Development Center

120+ Overseas Subsidiaries

5100+ Staffs Globally

100+ Operational Countries Argentina Manufacturing Base

360+ Independent PatentsIndustry Overview

Export Volume Trends of Products Under China HS Code 3808

10k Tons 2025 2024 2023 2022

35.00

30.8630.86

30.2930.13

30.00

28.62

27.48

27.6426.93

27.2425.47

24.8625.1824.92

25.0024.48

23.11

22.3324.0622.21

22.9922.54

21.83

20.0018.9020.7021.3319.75

18.5118.75

17.4317.9918.7719.5719.25

17.2117.10

15.0014.3914.4314.6715.9614.4215.41

11.9513.8213.21

12.83

10.50

10.00

10k Tons 1 2 3 4 5 6 7 8 9 10 11 12

* Q1-Q3 2025: Total export volume increased by 20.91% YoY.* Q3 2025: Total export volume increased by 28.69% YoY.* HS: Harmonized SystemIndustry Overview

Export Value Trends of Products Under China HS Code 3808

Hundred

Million 2025 2024 2023 2022

USD

12.00

11.35

11.0511.07

11.00

10.47

10.009.86

9.029.10

9.008.808.798.84

7.88

8.007.697.658.187.447.64

7.71

7.797.71

7.157.28

6.65

7.006.31

7.267.507.276.66

6.946.81

6.586.756.656.58

6.005.426.325.536.416.076.12

5.82

5.605.90

5.004.945.41

4.004.59

3.00

2.00

Hundred 1 2 3 4 5 6 7 8 9 10 11 12

Million

USD

* Q1-Q3 2025: Total export value increases by 16.48% YoY.* Q3 2025: Total export value increased by 21.61% YoY.* HS: Harmonized SystemIndustry Overview

Export Unit Price Trends of Products Under China HS Code 3808

2025202420232022

USD/Kg

7.00

5.976.00

6.005.855.58

5.355.325.485.31

5.654.93

5.004.574.56

4.134.174.41

3.88

4.003.59

3.173.033.153.26

3.27

2.983.073.08

3.002.872.792.81

2.922.973.043.043.14

2.86

2.872.692.85

3.02

2.672.752.85

2.922.962.922.96

2.00

1.00

-

USD/Kg 1 22 33 44 55 66 77 8 8 9 9 1010 1111 1212

* Q1-Q3 2025: Monthly average export unit price decreased from $ 2.87/kg in

January to $ 2.96/kg in September.* HS: Harmonized SystemQ3 2025 Operational Review

Operational Increased To C Business Increased EU & NA Business

Review of Our TO C revenue rose from 37.73% in the first EU & North American operations increased

three quarters of 2024 to 41.39% in the from 8.53% in the first three quarters of

Four Strategic same period of 2025 while gross margin 2024 to 11.35% during the same period in

improved from 29.37% to 30.88%. 2025.Growth Pillars

Increased Insecticide & Fungicide Rainbow Bio Business

Business Acceleration

Insecticide & fungicide revenue increased Rainbow Bio has expanded operations

from 25.46% in the first three quarters of across new markets in Africa Asia and the

2024 to 28.64% during the same period in Americas while deepening its presence in

2025. existing regions.

* EU: European Union

* NA: North AmericanFinancial Highlights

Q1-Q3 2025 Financial Performance Analysis (YoY) Unit: RMB (￥)

Currency

Q1-Q3 2025 Q1-Q3 2024 % ▲ NoteRMB

Stable growth across all business

Sales Revenue 10911452781.83 9785195972.58 11.51%

segments.YoY gross margin rate

Gross Margin（%） 22.08% 20.36% 172bps improvement for both Model A/B

and Model C businesses.Higher gross margin rate drives

EBITDA 1409677857.04 1214482864.94 16.07%

YoY EBITDA growth.EBITDA Profit（%） 12.92% 12.41% 51bps

* Revenue growth with gross

Net Profit Attributable to the margin rate enhancement.Owner of Parent 889733619.13 341563969.19 160.49% * Increased financial expenses

& hedging gains.Net Operating Cash Flow 1740314337.78 459081421.38 279.09% Improved payment collection.Financial Highlights

Q1-Q3 2025 Financial Performance Analysis (YoY) Unit: RMB (￥)

Currency

Q1-Q3 2025 Q1-Q3 2024 % Note

RMB ▲

Higher sales expenses mainly

stemmed from increased

Selling & Distribution

Expenses 541276149.24 423513169.91 27.81% overseas payroll export credit

insurance and professional

service fees.Mainly from higher overseas

General & Administrative

Expenses 401415429.92 347669755.50 15.46% payroll and

depreciation/amortization.Primarily due to increased R&D

R&D Expenses 133772534.32 125724753.40 6.40% investment.Financial Highlights

Q3 2025 Financial Performance Analysis (YoY) Unit: RMB (￥)

Currency

Q3 2025 Q3 2024 % ▲ NoteRMB

Sales Revenue Stable growth across all business 4380677448.62 4103439313.2 6.76% segments.YoY gross margin rate

Gross Margin（%） 23.08% 20.56% 252bps improvement for both Model A/B

and Model C businesses.Higher gross margin rate drives

EBITDA 594267382.45 514247915.29 15.56%

YoY EBITDA growth.EBITDA Profit（%） 13.57% 12.53% 104bps

Net Profit Attributable to the Revenue growth with gross margin

Owner of Parent 334130258.84 159769717.17 109.13% rate enhancement.Net Operating Cash Flow 847132095.62 597832636.16 41.70% Improved payment collection.Financial Highlights

Q3 2025 Financial Performance Analysis (YoY) Unit: RMB (￥)

Currency

Q3 2025 Q3 2024 %

RMB ▲

Note

Higher sales expenses mainly

Selling & Distribution stemmed from increased

Expenses 200431556.18 155794042.76 28.65% overseas payroll and export

credit insurance.Primarily due to increased

General & Administrative

Expenses 148272592.23 135257536.76 9.62% depreciation/amortization and IT

expenses during the period.R&D Expenses 50344221.33 53882633.26 -6.57%Financial Highlights

Q1-Q3 2025 Revenue Status by Geographic Segment

Q1-Q3 2025 Revenue：

10.911billion RMB

Q1-Q3 Latin North MiddleBrazil Europe Asia (China Oceania

America America East/Africa

2025 32.10% 6.30% inclusive) 5.85%24.97% 7.30% 10.18%

13.30%

Q1-Q3 Latin North MiddleBrazil Europe Asia (China Oceania

America America East/Africa

202429.10%5.73%

inclusive) 8.06%

29.31% 5.17% 9.28% 13.36%Financial Highlights

Quarterly EBITDA & EBITDA% Comparison

EBITDA EBITDA%

16.0016.00%

14.1013.99%

14.0014.00%13.57%

12.79%12.92%12.53%

12.1412.41%

11.80%

12.0012.00%

10.33%

10.0010.00%

8.008.00%

5.94

6.005.385.146.00%

3.82

4.003.184.00%

2.77

2.002.00%

-.000.00%

Hundred Q1 Q2 Q3 Q1-Q3 Q1 Q2 Q3 Q1-Q3

Million

2024 2025 2024 2025Financial Highlights

Revenue Share by Segment (YoY)

Revenue by Segment (Q1-Q3) Quarterly Revenue by Segment

Mode C Mode A + Mode C Mode A + Mode C Mode A + Mode C Mode A + Mode C Mode A +

37.73% Mode B 41.39% Mode B 38.02% Mode B 41.35% Mode B 43.25% Mode B

62.27%58.61%61.98%58.65%56.75%

Q1-Q3 2024 Q1-Q3 2025 Q3 2024 Q2 2025 Q3 2025Financial Highlights

Gross Margin Rate Comparison by Segment

Gross Margin Rate by Segment (Q1-Q3) Quarterly Gross Margin Rate by Segment

35.00%35.00%

30.88%31.54%

31.80%

29.37%29.59%

30.00%30.00%

25.00%25.00%

20.00%20.00%

16.84%

15.87%16.43%

14.91%15.02%

15.00%15.00%

10.00%10.00%

5.00%5.00%

0.00%0.00%

Mode A + Mode B Mode C Mode A + Mode B Mode C

Q1-Q3 2024 Q1-Q3 2025 Q3 2024 Q2 2025 Q3 2025Financial Highlights

Revenue by Product Category

Revenue by Product Category (Q1-Q3) Quarterly Revenue by Product Category

Fungicide Other

Other

Fungicide Fungicide Other Fungicide Other Fungicide Other

9.65%1.05%

1.36%

10.21%8.86%0.97%10.02%1.49%10.03%1.34%

Insecticide Insecticide

15.81% Insecticide 18.40% Insecticide Insecticide

Herbicide 18.43% Herbicide Herbicide 16.10% Herbicide 21.67% Herbicide

73.49%70.00%71.77%72.39%66.96%

Q1-Q3 2024 Q1-Q3 2025 Q3 2024 Q2 2025 Q3 2025Financial Highlights

Gross Margin Rate Comparison by Product Category

Gross Margin Rate by Product Category (Q1-Q3) Quarterly Gross Margin Rate by Product Category

30.00%

28.05%35.00%

26.93%

25.68%

25.00%30.00%

29.09%

27.90%

22.82%27.25%27.33%26.73%

19.90%25.00%23.72%

20.00%18.46%

20.71%20.88%

20.00%18.58%

15.00%

15.00%

10.00%

10.00%

5.00%

5.00%

0.00%0.00%

Herbicide Insecticide Fungicide Herbicide Insecticide Fungicide

Q1-Q3 2024 Q1-Q3 2025 Q3 2024 Q2 2025 Q3 2025To be a Global Leading Crop

Protection Company

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