小商品城2025年半年度报告（英文版）

Zhejiang China Commodities City Group Co., Ltd. Semi-annual Report for 20251 /219Stock code: 600415Stock short name: 小商品城Zhejiang China Commodities City GroupCo., Ltd.Semi-annual Report for 2025Zhejiang China Commodities City Group Co., Ltd. Semi-annual Report for 20252 /219Important StatementsI.The Board of Directors, the supervisory committee and the directors, supervisorsand senior management of the Company hereby warrant the truthfulness, accuracy andcompleteness of the contents of the semi-annual report, guarantee that there are no falserepresentations,misleadingstatementsormaterialomissionscontainedinthissemi-annual report, and are jointly and severally responsible for the liabilities of theCompany.II.All directors of the Company were present at the board meeting.III.This semi-annual report has not been audited.IV.CHEN Dezhan, Head of the Company, BAO Hua, Principal in charge of accounting,and ZHAO Difang, Head of the accounting department (Accounting Manager), declarethat they warrant the truthfulness, accuracy and completeness of the financial report inthe semi-annual report.V.The profit distribution plan for the reporting period or the plan for public reservefunds into share capital that was approved by the board of directorsNoVI.Risk statement with forward-looking representations√Applicable□Not applicableThe forward-looking representations involved in this Report such as future plans anddevelopment strategies do not constitute the Company’s substantial commitments to investors.Investors should pay attention to investment risks.VII. Is the Company’s cash occupied by its controlling shareholder or any of otheraffiliates for non-operational purposes?NoVIII.Has the Company provided external guarantee in violation of the prescribeddecision-making procedures?NoIX.Whether there is circumstance that more than half of the directors cannotguarantee the authenticity, accuracy and completeness of the semi-annual reportdisclosed by the CompanyNoZhejiang China Commodities City Group Co., Ltd. Semi-annual Report for 20253 /219X.Reminder of major risksDuring the reporting period, the Company did not have any significant risks that wouldaffect its continued operations. The Company has provided a detailed description of thepotential risks it may face in the "Potential Risks" part in Section III " Discussion and Analysis ofManagers" of this report.XI.Other□Applicable√Not applicableZhejiang China Commodities City Group Co., Ltd. Semi-annual Report for 20254 /219Table of ContentsSECTION I.DEFINITIONS.............................................................................................................5SECTION II.COMPANY PROFILE AND FINANCIAL HIGHLIGHTS.................................... 6SECTION III.DISCUSSION AND ANALYSIS OF MANAGERS.............................................. 9SECTION IV.CORPORATE GOVERNANCE, ENVIRONMENT AND SOCIETY................35SECTION V.SIGNIFICANT MATTERS.....................................................................