特力Ｂ：2025年半年度报告

2025Semi-AnnualReport August2025 SectionIImportantNotes,Contents,andInterpretations TheBoard of Directors,the Board of Supervisors,and directors,supervisors,andseniorexecutivesoftheCompanyguaranteethatthepresentsemi-annualreport is true,accurate,and complete without false records,misleadingstatements,or major omissions,and undertake the joint andseverallegalliabilitiesarisingtherefrom. FuChunlong,head of the Company,Huang Tianyang,the person inchargeofaccountingandpersoninchargeoftheaccountingfirm(accountantincharge),declaretoguaranteethetruthfulness,accuracy,andcompletenessofthefinancialreportinthissemi-annualreport. AlldirectorsoftheCompanyhaveattendedthemeetingoftheBoardofDirectorstoreviewthesemi-annualreport. TheCompany has no plans to distribute cash dividends,issue bonusshares,andconvertreservedfundsintosharecapital. Contents SectionIImportantNotes,Contents,andInterpretations....................................................................................2SectionIICompanyProfileandMajorFinancialIndicators...............................................................................6SectionIIIManagementDiscussionandAnalysis..................................................................................................9SectionIVCorporateGovernance,Environment,andSociety..........................................................................23SectionV ImportantMatters...............................................................................................................................24SectionVIChangesinSharesandShareholders.............................................................................................36SectionVIIBond-relatedInformation...................................................................................................................41SectionVIIIFinancialReport.................................................................................................................................42SectionIXOtherSubmittedData........................................................................................................................177 DocumentsforInspection (I)FinancialstatementssignedandsealedbytheheadoftheCompany,thepersoninchargeofaccounting,andthepersoninchargeoftheaccountingfirm(accountantincharge). (II)Originalsofallcompanydocumentsandannouncementsthathavebeenpubliclydisclosedduringthereportingperiod. (III)TheabovedocumentsforfuturereferenceshallbekeptattheSecretariatOfficeoftheBoardofDirectorsoftheCompany. Interpretations SectionIICompanyProfileandMajorFinancialIndicators I.CompanyProfile II.ContactPersonsandContactInformation III.OtherInformation 1.Contactinformation WhethertheCompany'sregisteredaddress,officeaddress,andpostalcode,companywebsite,e-mail,etc.,changedduringthereportingperiod □ApplicableNotapplicable TherewerenochangestotheCompany'sregisteredaddress,officeaddress,postalcode,website,e-mail,etc.duringthereportingperiod.Pleaserefertothe2024AnnualReportfordetails. 2.Informationdisclosureanddesignatedlocation Whethertheinformationdisclosureanddesignatedlocationchangedduringthereportingperiod □ApplicableNotapplicable ThenamesandwebsitesofthestockexchangewebsitesandmediaonwhichtheCompanydisclosedthesemi-annualreportandthedesignated location of the Company's semi-annual report remained unchanged during the reporting period.For more information,pleaserefertothe2024AnnualReport. 3.Otherrelevantinformation Whetherotherrelevantinformationchangedduringthereportingperiod□ApplicableNotapplicable IV.MajorAccountingDataandFinancialIndicators DoestheCompanyneedtoretrospectivelyadjustorrestatetheaccountingdataforpreviousyears? V.DiscrepancyofAccountingDataundertheDomesticandForeignAccountingStandards 1.DiscrepancyinnetprofitandnetassetsinthefinancialreportsdisclosedsimultaneouslyaccordingtoInternationalAccountingStandardsandChineseAccountingStandards □ApplicableNotapplicable TherewasnodiscrepancyinnetprofitandnetassetsinthefinancialreportsdisclosedbytheCompanyfollowingInternationalAccountingStandardsandChineseAccountingStandardsinthereportingperiod. 2.DiscrepancyinnetprofitandnetassetsinthefinancialreportsdisclosedsimultaneouslyaccordingtoforeignaccountingstandardsandChineseAccountingStandards □ApplicableNotapplicable TherewasnodiscrepancyinnetprofitandnetassetsinthefinancialreportsdisclosedbytheCompanyfollowingforeign accountingstandardsandChineseAccountingStandardsinthereportingperiod. VI.Non-RecurringProfitorLossItemsandAmounts Applicable□Notapplicable Unit:RMB □ApplicableNotapplicable TheCompanyhasnootherprofitsorlossesconformingtothedefinitionofnon-recurringprofitorloss. Explanationondefiningthenon-recurringprofitsorlossessetoutintheExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingSecuritiestothePublic—Non-RecurringProfitorLossasrecurringprofitsorlosses Applicable□Notapplicable SectionIIIManagementDiscussionandAnalysis I.MainBusinessoftheCompanyDuringtheReportingPeriod (I)Th