Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2025
Stock Code: 000521, 200521 Short Form of the Stock: Changhong Meiling, Hongmeiling B Announcement No.: 2025-056
CHANGHONG MEILING CO., LTD.
Summary of Semi-Annual Report 2025
I. Important Notice
(1) The summary is abstract from full-text of Semi-annual report, for more details of operating results, financial
status and future development plan of the Company; investors should found in the full-text of semi-annual
report that published on media appointed by CSRC.
(2) The Company did not have directors, supervisors and senior executives of the Company could not guarantee
the reality, accuracy and completion of the whole contents or have objections.
(3) All the directors attended the board meeting to deliberating the Report on-site。
(4) Prompt of non-standard audit opinion
□Applicable √Not applicable
(5) Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the
Board in the reporting period
□Applicable √Not applicable
The Company has no plans of cash distribution, bonus shares and capitalizing of common reserves either.
(6) Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting
period
□ Applicable √ Not applicable
II. Basic information about the company
(1) Company profile
Short form of the stock Changhong Meiling, Stock code 000521，200521
Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2025
Hongmeiling B
Stock exchange for listing Shenzhen Stock Exchange
Stock abbreviation before change (if any) N/A
Contact person and contact manner Board secretary
Name Li Xia
Offices add. No. 2163, Lianhua Road, Economic and Technology Development Zone, Hefei
Tel 0551-62219021
E-mail lixia@meiling.com
(2)Major accounting data and financial indicators
Whether it has retroactive adjustment or re-statement on previous accounting data or not
√Yes □No
Retroactive adjustment or restatement
Changes in accounting policies, Mergers under the same control
Changes in the
current
reporting period
Same period last year compared with
Current Period the same period
of the previous
year (+,-)
After
Before adjustment After adjustment
adjustment
Operating income (RMB) 18,071,515,842.15 14,947,670,291.70 14,959,351,023.54 20.80%
Net profit attributable to
shareholders of the listed 417,187,345.27 415,033,415.88 416,088,950.18 0.26%
company (RMB)
Net profit attributable to
shareholders of the listed
company after deducting
non-recurring gains and losses
Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2025
(RMB)
Net cash flow arising from
operating activities (RMB) 1,360,573,661.71 2,728,225,876.60 2,734,402,694.03 -50.24%
Basic earnings per share
(RMB/Share) 0.4051 0.4030 0.4040 0.27%
Diluted earnings per share
(RMB/Share) 0.4051 0.4030 0.4040 0.27%
Decrease by
Weighted average ROE
points
Changes at the
end of the
reporting period
End of last year compared with
End of current period the end of the
previous year
(+,-)
After
Before adjustment After adjustment
adjustment
Total assets (RMB)
Net assets attributable to
shareholder of listed company
(RMB)
(3) Amount of shareholders of the Company and particulars about shares holding
In Shares
Total preference shareholders with
Total shareholders at end of the Period 68,212 voting rights recovered at end of 0
reporting period (if any)
Top 10 shares holding(Excludes shares lent through refinancing)
Information of shares
Proportion Amount of pledged, tagged or frozen
Nature of
Full name of shareholders of Share held restricted share
shareholders State of
shareholders held Amount
share
Sichuan Changhong Electric State-owned
Co., Ltd. legal person
CHANGHONG (HK) Foreign
TRADING LIMITED legal person
Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2025
Hefei Industry Investment State-owned
Holding (Group) Co., Ltd. legal person
Foreign
HKSCC 1.48% 15,281,866 0 - -
legal person
Foreign
CAO SHENGCHUN nature 1.43% 14,766,086 0 - -
person
Domestic
The National Social Security non-state-o
Fund 101 portfolio wned legal
person
ICBC－China Universal Domestic
Intelligent manufacturing non-state-o
stock securities investment wned legal
fund person
ICBC－Dongfanghong Rui Domestic
Xi three years holding period non-state-o
of hybrid securities wned legal
investment fund person
China Merchants Bank Co., Domestic
Ltd－Taikang quality life non-state-o
hybrid securities investment wned legal
fund person
ICBC－Taikang strategy Domestic
preferred flexible allocation non-state-o
- -
of hybrid securities wned legal
investment fund person
Among the above shareholders, CHANGHONG (HK) TRADING LIMITED
(hereinafter referred to as Hong Kong Changhong) is the wholly-owned
subsidiary of Sichuan Changhong Electric Co., Ltd.; except the shares of the
Company directly held of the B shares of the Company, 6,296,913 shares of
B-stock are also held through Phillip Securities (Hong Kong) Co., Ltd., the
foregoing shareholders constitute persons of uniform action. There existed no
Explanation on associated relationship among associated relationship or belong to the concerted actors as specified in the
the aforesaid shareholders Measures for the Administration of Information Disclosure of Shareholder
Equity Changes of Listed Companies among Sichuan Changhong Electric Co.,
Ltd, Hong Kong Changhong and other top 8 shareholders（excluding PHILLIP
SECURITIES（HK）LIMITED） , The company neither knows whether there is
any association among other shareholders, nor knows whether other shareholders
belong to the persons acting in concert that is stipulated in the “Administrative
Measures on Information Disclosure of Changes in Shareholding of Listed
Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2025
Companies”.
Notes to the shareholders involved in
Not applicable
financing securities (if any)
Information of shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10
shareholders of unrestricted tradable shares participating in the lending of shares in securities lending and
borrowing business
□ Applicable √ Not applicable
The top 10 shareholders and the top 10 shareholders of unrestricted tradable shares have changed compared
with the previous period due to the securities lending/returning,
□ Applicable √ Not applicable
(4)Changing of controlling shareholder and practical controller of the Company.
□ Applicable √ Not applicable
No change of holding shareholder in the report period.
□ Applicable √ Not applicable
No change of substantial controller in the report period.
(5)Number of preference shareholders and shareholdings of top 10 of them
□ Applicable √ Not applicable
No preference shareholders in the reporting period
(6) Corporate bonds that existed on the date when this Report was authorized for issue
□ Applicable √ Not applicable
III. Significant events
directors of the Company, the 8th meeting of the 11th board of supervisors, and the 2024 annual general
meeting of shareholders,it’s approved that the Company's 2024 profit distribution plan-based on the Company's
total share capital of 1,029,923,715 shares as of December 31, 2024, a cash dividend of 3.3 yuan (including tax)
will be distributed to all shareholders for every 10 shares, no bonus shares, no provident fund will be used to
increase share capital, and it is expected to distribute cash dividends of 339,874,825.95 yuan (including tax),
Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2025
accounting for 48.60% of the net profit attributable to shareholders of the listed company in 2024. On June 5,
and implemented the aforementioned profit distribution plan.Found more on appointed media “Securities
Times”, “China Securities Journal” and Juchao Website (www.cninfo.com.cn) that the Company disclosed in
the form of announcement (Announcement No.:2025-007,2025-008, 2025-010,2025-030 and 2025-042 )on
April 3 , 2025 ,April 26, 2025 and June 5, 2025.
on the Plan to Repurchase the Company's A Shares" was deliberated and passed, and the "Proposal on
Increasing the Source of Funds for the Repurchase of the Company's A Shares" was approved in the 17th
meeting of the 11th board of directors on June 3, 2025.The plan for repurchasing A-shares is as follows: the
Company uses its own funds and self-raised funds (including special loans for stock repurchase from financial
institutions) of not less than 150,000,000 yuan (inclusive) and no more than 300,000,000 yuan (inclusive) to
repurchase part of the Company's A-shares through centralized bidding for the implementation of equity
incentives, and the repurchase price is no more than 10.67 yuan per share (due to the Company's
implementation of profit distribution, the upper limit of the repurchase price is adjusted from 11 yuan per share
(inclusive) to 10.67 yuan per share (inclusive)). The repurchase period is within 12 months from the date of
deliberation and approval of the repurchase plan by the board of directors. The specific number and amount of
shares repurchased shall be subject to the actual number and amount of shares repurchased at the expiration of
the repurchase period or the completion of the implementation of the repurchased shares.
On July 15, 2025, the Company repurchased the Company's A-shares for the first time through a special
securities account for stock repurchase through centralized bidding transactions. As of the disclosure date of this
announcement, the Company has repurchased a total of 1,237,200 A shares of the Company, accounting for
Found more on appointed media “Securities Times”, “China Securities Journal” and Juchao Website
(www.cninfo.com.cn) that the Company disclosed in the form of announcement (Announcement No.:
April 10, 2025 , May 9 , 2025,June 5, 2025,July 2, 2025,July 4, 2025,July 16, 2025 and August 5, 2025.
reviewed and approved by the nomination committee of the board of directors, and approved by the resolution
of the 15th meeting of the 11th board of directors of the Company, the board of directors of the Company
agreed to appoint Mr. Wang Xiaocheng as the vice president of the Company for a term from the date of
deliberation and approval by the board of directors to the expiration of the term of office of the current board of
Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2025
directors. Found more on appointed media “Securities Times”, “China Securities Journal” and Juchao Website
(www.cninfo.com.cn) that the Company disclosed in the form of announcement (Announcement No. :2025-031
and 2025-33) On May 9, 2025.
due to work changes, nominated by Mr. Tang Youdao, vice president (acting president) of the Company,
reviewed and approved by the nomination committee of the board of directors and the audit committee of the
board of directors respectively, and approved by the resolution of the 18th meeting of the 11th board of
directors of the Company, the board of directors of the Company agreed to appoint Mr. Yang Bing as the
financial director of the Company for a term from the date of deliberation and approval by the board of directors
to the expiration date of the current board of directors. Found more on appointed media “Securities Times”,
“China Securities Journal” and Juchao Website (www.cninfo.com.cn) that the Company disclosed in the form
of announcement (Announcement No. :2025-045 and 2025-047 )on June 19,2025. .
Changhong Meiling Co., Ltd.
Chairman：Wu Dinggang
August 21,2025
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