新 和 成2025年半年度报告（英文版）

2025 Semi-Annual Report of Zhejiang NHU Co., Ltd.Zhejiang NHU Company Ltd.2025 Semi-Annual ReportAugust 20252025 Semi-Annual Report of Zhejiang NHU Co., Ltd.1Section I Important Notes, Contents, and DefinitionsThe Board of Directors and its members, Board of Supervisors and its members,and senior executives of the Company hereby guarantee that the informationpresented in this semi-annual report is authentic, accurate, complete and free offalse records, misleading statements or material omissions, and they will bearindividual and joint liabilities for such information.胡 柏 藩 （ Hu Baifan ） , the Company’s legal representative, 石 观 群 （ ShiGuanqun）, the officer in charge of accounting, and 刘芳露（Liu Fanglu）, thehead of accounting department hereby declare that they guarantee the financialstatements in this semi-annual report are authentic, accurate and complete.All members of the Board of Directors have attended the meeting of the Boardof Directors for deliberation of this semi-annual report.The future plan and other forward-looking information disclosed in this semi-annual report shall not be regarded as a commitment to investors. We kindlyremind investors of all possible risks in investments. The company provides adetailed description of the potential risks and countermeasures that may exist inthe company's operations in X. Risks and countermeasures under Section IIIManagement Discussion and Analysis section of this report. We kindly remindinvestors of all possible risks in investments.Profit distribution proposal deliberated and approved by the meeting of theBoard of Directors is as follows: Based on 3,059,121,988 shares [Note](calculated by excluding 14,299,692 repurchased shares from the total sharecapital of 3,073,421,680 shares as of July 31, 2025), the Company intends todistribute cash dividend of 2 yuan (tax included) and no bonus shares will bedistributed, and the capital reserve will not be converted into share capital.Note: As of July 31, 2025, the Company’s share capital totaled 3,073,421,680 shares, including2025 Semi-Annual Report of Zhejiang NHU Co., Ltd.2repurchased share of 14,299,692 shares. According to the “Rules on Share Repurchase ofListed Companies”, shares in the special account for repurchase of listed companies carry noright of profit distribution and conversion of capital reserve into share capital.If the Company’s total share capital changes due to the conversion of convertiblebonds, share repurchase, exercise of equity incentives, refinancing and listing ofnew shares, etc. before the implementation of the profit distribution proposal,the total distribution will be adjusted accordingly based on the same distributionratio.This Semi-Annual Report is an English translation of the Chinese Semi-Annual Report. In case the English version does notconform to the Chinese version, the Chinese version prevails.2025 Semi-Annual Report of Zhejiang NHU Co., Ltd.3ContentsSection I Important Notes, Contents, and Definitions.................