深粮B：2025年半年度报告

SEMI-ANNUAL REPORT 2025 【August 2025】 Section I. Important Notice, Contents and Interpretation Board of Directors, the board of supervisors, all directors, supervisors and senior executivesof SHENZHEN CEREALS HOLDINGS CO., LTD. hereby confirm that there are no anyfictitious statements, misleading statements, or important omissions carried in this report,and shall take all responsibilities, individual and/or joint, for the reality, accuracy andcompletion of the whole contents. Principalof the Company Wang Zhikai,Head of Accounting Lu Yuhe and Head ofAccountingInstitution(Accounting Supervisor)Lu Chengjun hereby confirm that theFinancial Report of Semi-Annual Report 2024 is authentic, accurate and complete. All Directors have attended the board meeting for deliberation of this Report. Concerning the forward-looking statements with future planning involved in the annualreport, they do not constitute a substantial commitment for investors.Securities Times,ChinaSecurities Journal, Shanghai Securities Journaland the CNINFO website (www.cninfo.com.cn)are the media appointed by the Company for information disclosure. All information of theCompany disclosed in the above mentioned media should prevail. Investors are advised toexercise caution of investment risks. TheCompany has analyzed the risk factors that the Company may exist and itscountermeasures in the report. Investors are advised to pay attention to read “Risks faced bythecompany and corresponding measures” in the report of Section III“ManagementDiscussion and Analysis of the Operation”. This report has been prepared in Chinese and English version respectively. In the event ofdifference in interpretation between the two versions, Chinese report shall prevail. The Company has no plan of cash dividend distributed, no cash bonus and capitalizing ofcommon reserves either carried out. Content Section I. Important Notice, Contents and Interpretation............................................................................................ 2Section II Company Profile and Main Financial Indexes............................................................................................ 6Section III Management Discussion and Analysis of the Operation........................................................................... 9Section IV Corporate Governance, Environmental and Social Responsibilities....................................................... 20Section V. Important Events.......................................................................................................................................21Section VI. Changes in Shares and Particulars about Shareholders.......................................................................... 25Section VII. Corporate Bonds.....................................................................................................................................30Section VIII. Financial Report....................................................................................................................................31Section IX Other Reported Data...............................................................................................................................155 Documents Available for Reference 1.Text of financial statement with signature and seals of legal person, person in charge of accounting worksand person in charge of accounting institution;2.Original and official copies of all documents which have been disclosed in the reporting period;3.Original copies of semi-annual report 2025 with signature of the company’s principal. Interpretation Section II Company Profile and Main Financial Indexes I. Company information II. Person/Way to contact III. Other information 1.Company contact information Has the registered address, office address, postal code, website, email address, etc. of the company changed during the reportingperiod? □ ApplicableNot applicable The registered address, office address, postal code, website, and email address of the company remained unchanged during thereporting period. Please refer to 2024 annual report for details. 2.Information disclosure and location Has the information disclosure and location changed during the reporting period? □ ApplicableNot applicable The website and media name and website of the stock exchange where the company disclosed its semi-annual report, and the placeof placement of the company’s semi-annual report remains unchanged during the reporting period, as detailed in 2024 annualreport. 3.Other relevant information Is there any change in other relevant information during the reporting period?□ ApplicableNot applicable IV. Main accounting data and financial indexes Is the Company required to retrospectively adjust or restate prior year’s accounting data? YesNo Reasons for retrospective adjustment or restatement Business combination under common control Net profit after excluding the impact of share-based pay