StockCode:000521,200521ShortFormoftheStock:ChanghongMeiling,HongmeilingBAnnouncementNo.:2025-056
CHANGHONGMEILINGCO.,LTD.
SummaryofSemi-AnnualReport2025
I.ImportantNotice
(1)Thesummaryisabstractfromfull-textofSemi-annualreport,formoredetailsofoperatingresults,financialstatusandfuturedevelopmentplanoftheCompany;investorsshouldfoundinthefull-textofsemi-annualreportthatpublishedonmediaappointedbyCSRC.
(2)TheCompanydidnothavedirectors,supervisorsandseniorexecutivesoftheCompanycouldnotguaranteethereality,accuracyandcompletionofthewholecontentsorhaveobjections.
(3)AllthedirectorsattendedtheboardmeetingtodeliberatingtheReporton-site。
(4)Promptofnon-standardauditopinion
□Applicable√Notapplicable
(5)Profitdistributionpre-planofcommonstockorcapitalizingofcommonreservespre-plandeliberatedbytheBoardinthereportingperiod
□Applicable√Notapplicable
TheCompanyhasnoplansofcashdistribution,bonussharesandcapitalizingofcommonreserveseither.
(6)Profitdistributionpre-planofpreferredstockdeliberatedandapprovedbytheBoardinthereportingperiod
□Applicable√NotapplicableII.Basicinformationaboutthecompany
(1)Companyprofile
| Shortformofthestock | ChanghongMeiling, | Stockcode | 000521，200521 |
| HongmeilingB | ||
| Stockexchangeforlisting | ShenzhenStockExchange | |
| Stockabbreviationbeforechange(ifany) | N/A | |
| Contactpersonandcontactmanner | Boardsecretary | |
| Name | LiXia | |
| Officesadd. | No.2163,LianhuaRoad,EconomicandTechnologyDevelopmentZone,Hefei | |
| Tel | 0551-62219021 | |
| lixia@meiling.com | ||
(2)MajoraccountingdataandfinancialindicatorsWhetherithasretroactiveadjustmentorre-statementonpreviousaccountingdataornot
√Yes□NoRetroactiveadjustmentorrestatementChangesinaccountingpolicies,Mergersunderthesamecontrol
| CurrentPeriod | Sameperiodlastyear | Changesinthecurrentreportingperiodcomparedwiththesameperiodofthepreviousyear(+,-) | ||
| Beforeadjustment | Afteradjustment | Afteradjustment | ||
| Operatingincome(RMB) | 18,071,515,842.15 | 14,947,670,291.70 | 14,959,351,023.54 | 20.80% |
| Netprofitattributabletoshareholdersofthelistedcompany(RMB) | 417,187,345.27 | 415,033,415.88 | 416,088,950.18 | 0.26% |
| Netprofitattributabletoshareholdersofthelistedcompanyafterdeductingnon-recurringgainsandlosses | 391,047,124.53 | 432,504,456.37 | 433,557,817.69 | -9.81% |
| (RMB) | ||||
| Netcashflowarisingfromoperatingactivities(RMB) | 1,360,573,661.71 | 2,728,225,876.60 | 2,734,402,694.03 | -50.24% |
| Basicearningspershare(RMB/Share) | 0.4051 | 0.4030 | 0.4040 | 0.27% |
| Dilutedearningspershare(RMB/Share) | 0.4051 | 0.4030 | 0.4040 | 0.27% |
| WeightedaverageROE | 6.63% | 6.88% | 6.88% | Decreaseby0.25percentagepoints |
| Endofcurrentperiod | Endoflastyear | Changesattheendofthereportingperiodcomparedwiththeendofthepreviousyear(+,-) | ||
| Beforeadjustment | Afteradjustment | Afteradjustment | ||
| Totalassets(RMB) | 27,626,235,918.35 | 23,972,603,896.48 | 23,972,603,896.48 | 15.24% |
| Netassetsattributabletoshareholderoflistedcompany(RMB) | 6,173,538,710.84 | 6,085,800,940.38 | 6,085,800,940.38 | 1.44% |
(3)AmountofshareholdersoftheCompanyandparticularsaboutsharesholding
InShares
| TotalshareholdersatendofthePeriod | 68,212 | Totalpreferenceshareholderswithvotingrightsrecoveredatendofreportingperiod(ifany) | 0 | |||
| Top10sharesholding(Excludesshareslentthroughrefinancing) | ||||||
| Fullnameofshareholders | Natureofshareholders | Proportionofshareholders | Shareheld | Amountofrestrictedshareheld | Informationofsharespledged,taggedorfrozen | |
| Stateofshare | Amount | |||||
| SichuanChanghongElectricCo.,Ltd. | State-ownedlegalperson | 24.12% | 248,457,724 | 0 | - | - |
| CHANGHONG(HK)TRADINGLIMITED | Foreignlegalperson | 2.63% | 27,077,797 | 0 | - | - |
| HefeiIndustryInvestmentHolding(Group)Co.,Ltd. | State-ownedlegalperson | 1.83% | 18,864,896 | 0 | - | - |
| HKSCC | Foreignlegalperson | 1.48% | 15,281,866 | 0 | - | - |
| CAOSHENGCHUN | Foreignnatureperson | 1.43% | 14,766,086 | 0 | - | - |
| TheNationalSocialSecurityFund101portfolio | Domesticnon-state-ownedlegalperson | 1.36% | 13,999,902 | 0 | - | - |
| ICBC－ChinaUniversalIntelligentmanufacturingstocksecuritiesinvestmentfund | Domesticnon-state-ownedlegalperson | 1.11% | 11,394,398 | 0 | - | - |
| ICBC－DongfanghongRuiXithreeyearsholdingperiodofhybridsecuritiesinvestmentfund | Domesticnon-state-ownedlegalperson | 0.85% | 8,731,900 | 0 | - | - |
| ChinaMerchantsBankCo.,Ltd－Taikangqualitylifehybridsecuritiesinvestmentfund | Domesticnon-state-ownedlegalperson | 0.84% | 8,700,000 | 0 | - | - |
| ICBC－Taikangstrategypreferredflexibleallocationofhybridsecuritiesinvestmentfund | Domesticnon-state-ownedlegalperson | 0.83% | 8,500,000 | 0 | - | - |
| Explanationonassociatedrelationshipamongtheaforesaidshareholders | Amongtheaboveshareholders,CHANGHONG(HK)TRADINGLIMITED(hereinafterreferredtoasHongKongChanghong)isthewholly-ownedsubsidiaryofSichuanChanghongElectricCo.,Ltd.;exceptthesharesoftheCompanydirectlyheldoftheBsharesoftheCompany,6,296,913sharesofB-stockarealsoheldthroughPhillipSecurities(HongKong)Co.,Ltd.,theforegoingshareholdersconstitutepersonsofuniformaction.ThereexistednoassociatedrelationshiporbelongtotheconcertedactorsasspecifiedintheMeasuresfortheAdministrationofInformationDisclosureofShareholderEquityChangesofListedCompaniesamongSichuanChanghongElectricCo.,Ltd,HongKongChanghongandothertop8shareholders（excludingPHILLIPSECURITIES（HK）LIMITED）,Thecompanyneitherknowswhetherthereisanyassociationamongothershareholders,norknowswhetherothershareholdersbelongtothepersonsactinginconcertthatisstipulatedinthe“AdministrativeMeasuresonInformationDisclosureofChangesinShareholdingofListed | |||||
| Companies”. | |
| Notestotheshareholdersinvolvedinfinancingsecurities(ifany) | Notapplicable |
Informationofshareholdersholdingmorethan5%oftheshares,thetop10shareholdersandthetop10shareholdersofunrestrictedtradablesharesparticipatinginthelendingofsharesinsecuritieslendingandborrowingbusiness
□Applicable√NotapplicableThetop10shareholdersandthetop10shareholdersofunrestrictedtradableshareshavechangedcomparedwiththepreviousperiodduetothesecuritieslending/returning,
□Applicable√Notapplicable
(4)ChangingofcontrollingshareholderandpracticalcontrolleroftheCompany.
1.Changeofholdingshareholder
□Applicable√NotapplicableNochangeofholdingshareholderinthereportperiod.
2.Changeofsubstantialcontroller
□Applicable√NotapplicableNochangeofsubstantialcontrollerinthereportperiod.
(5)Numberofpreferenceshareholdersandshareholdingsoftop10ofthem
□Applicable√NotapplicableNopreferenceshareholdersinthereportingperiod
(6)CorporatebondsthatexistedonthedatewhenthisReportwasauthorizedforissue
□Applicable√NotapplicableIII.Significantevents
1.OnApril1,2025andApril25,2025,aftertheresolutionofthe12thmeetingofthe11thboardofdirectorsoftheCompany,the8thmeetingofthe11thboardofsupervisors,andthe2024annualgeneralmeetingofshareholders,it’sapprovedthattheCompany's2024profitdistributionplan-basedontheCompany'stotalsharecapitalof1,029,923,715sharesasofDecember31,2024,acashdividendof3.3yuan(includingtax)willbedistributedtoallshareholdersforevery10shares,nobonusshares,noprovidentfundwillbeusedtoincreasesharecapital,anditisexpectedtodistributecashdividendsof339,874,825.95yuan(includingtax),
accountingfor48.60%ofthenetprofitattributabletoshareholdersofthelistedcompanyin2024.OnJune5,2025,theCompanydisclosedthe"AnnouncementontheImplementationofthe2024ProfitDistributionPlan"andimplementedtheaforementionedprofitdistributionplan.Foundmoreonappointedmedia“SecuritiesTimes”,“ChinaSecuritiesJournal”andJuchaoWebsite(www.cninfo.com.cn)thattheCompanydisclosedintheformofannouncement(AnnouncementNo.:2025-007,2025-008,2025-010,2025-030and2025-042)onApril3,2025,April26,2025andJune5,2025.
2.BasedontheproposalofthechairmanoftheCompanytorepurchasetheCompany'sAsharesonApril9,2025,theCompanyheldthe15thmeetingofthe11thboardofdirectorsonMay8,2025,inwhichthe"ProposalonthePlantoRepurchasetheCompany'sAShares"wasdeliberatedandpassed,andthe"ProposalonIncreasingtheSourceofFundsfortheRepurchaseoftheCompany'sAShares"wasapprovedinthe17thmeetingofthe11thboardofdirectorsonJune3,2025.TheplanforrepurchasingA-sharesisasfollows:theCompanyusesitsownfundsandself-raisedfunds(includingspecialloansforstockrepurchasefromfinancialinstitutions)ofnotlessthan150,000,000yuan(inclusive)andnomorethan300,000,000yuan(inclusive)torepurchasepartoftheCompany'sA-sharesthroughcentralizedbiddingfortheimplementationofequityincentives,andtherepurchasepriceisnomorethan10.67yuanpershare(duetotheCompany'simplementationofprofitdistribution,theupperlimitoftherepurchasepriceisadjustedfrom11yuanpershare(inclusive)to10.67yuanpershare(inclusive)).Therepurchaseperiodiswithin12monthsfromthedateofdeliberationandapprovaloftherepurchaseplanbytheboardofdirectors.Thespecificnumberandamountofsharesrepurchasedshallbesubjecttotheactualnumberandamountofsharesrepurchasedattheexpirationoftherepurchaseperiodorthecompletionoftheimplementationoftherepurchasedshares.
OnJuly15,2025,theCompanyrepurchasedtheCompany'sA-sharesforthefirsttimethroughaspecialsecuritiesaccountforstockrepurchasethroughcentralizedbiddingtransactions.Asofthedisclosuredateofthisannouncement,theCompanyhasrepurchasedatotalof1,237,200AsharesoftheCompany,accountingfor
0.1201%oftheCompany'stotalsharecapital,andthehighesttransactionpriceoftherepurchasedAsharesis
7.45yuanpershare,thelowesttransactionpriceis7.26yuanpershare,andthetotaltransactionamountis9,021,808yuan(excludingtransactionfees).
Foundmoreonappointedmedia“SecuritiesTimes”,“ChinaSecuritiesJournal”andJuchaoWebsite(www.cninfo.com.cn)thattheCompanydisclosedintheformofannouncement(AnnouncementNo.:
2025-019,2025-031,2025-032,2025-041,2025-043,2025-049,2025-050,2025-051,2025-052and2025-053)onApril10,2025,May9,2025,June5,2025,July2,2025,July4,2025,July16,2025andAugust5,2025.
3.OnMay8,2025,nominatedbyMr.TangYoudao,vicepresident(actingpresident)oftheCompany,
reviewedandapprovedbythenominationcommitteeoftheboardofdirectors,andapprovedbytheresolutionofthe15thmeetingofthe11thboardofdirectorsoftheCompany,theboardofdirectorsoftheCompanyagreedtoappointMr.WangXiaochengasthevicepresidentoftheCompanyforatermfromthedateofdeliberationandapprovalbytheboardofdirectorstotheexpirationofthetermofofficeofthecurrentboardof
directors.Foundmoreonappointedmedia“SecuritiesTimes”,“ChinaSecuritiesJournal”andJuchaoWebsite
(www.cninfo.com.cn)thattheCompanydisclosedintheformofannouncement(AnnouncementNo.:2025-031and2025-33)OnMay9,2025.
4.OnJune18,2025,inviewoftheresignationofMr.PangHaitaofromtheCompany'sfinancialdirectorduetoworkchanges,nominatedbyMr.TangYoudao,vicepresident(actingpresident)oftheCompany,reviewedandapprovedbythenominationcommitteeoftheboardofdirectorsandtheauditcommitteeoftheboardofdirectorsrespectively,andapprovedbytheresolutionofthe18thmeetingofthe11thboardofdirectorsoftheCompany,theboardofdirectorsoftheCompanyagreedtoappointMr.YangBingasthefinancialdirectoroftheCompanyforatermfromthedateofdeliberationandapprovalbytheboardofdirectorstotheexpirationdateofthecurrentboardofdirectors.Foundmoreonappointedmedia“SecuritiesTimes”,
“ChinaSecuritiesJournal”andJuchaoWebsite(www.cninfo.com.cn)thattheCompanydisclosedintheformofannouncement(AnnouncementNo.:2025-045and2025-047)onJune19,2025..
ChanghongMeilingCo.,Ltd.
Chairman：WuDinggang
August21,2025