2025年年度报告（英文版）

Anhui Gujing Distillery Company Limited Annual Report 2025 April 2026 Part I Important Notes, Table of Contents and Definitions The Board of Directors (or the “Board”), as well as the directors and senior management of Anhui Gujing Distillery Company Limited (hereinafter referred to as the “Company”) hereby guarantee the factuality, accuracy and completeness of the contents of this Report and its summary, and shall be jointly and severally liable for any misrepresentations, misleading statements or material omissions therein. Liang Jinhui, the legal representative, and Zhu Jiafeng, the Deputy Chief Accountant and Board Secretary, hereby guarantee that the financial statements carried in this Report are factual, accurate and complete. All the Company’s directors have attended the Board meeting for the review of this Report and its summary. Any plans for the future and other forward-looking statements mentioned in this Report shall NOT be considered as absolute promises of the Company to investors. Investors, among others, shall be sufficiently aware of the risk and shall differentiate between plans/forecasts and promises. Again, investors are kindly reminded to pay attention to possible investment risks. Investors’ attention is kindly directed to the detailed description of possible risks in the Company’s operations in “XI Prospects” under “Part III Management Discussion and Analysis”. The Board has approved a final dividend plan as follows: based on the Company’s total share capital of 528,600,000 shares, a cash dividend of RMB34.00 (tax inclusive) per 10 shares is to be distributed to the shareholders, with no bonus issue from either profit or capital reserves. Annual Report 2025 ~ 3 ~ Table of Contents Part I Important Notes, Table of Contents and Definitions 2 Part II Corporate Information and Key Financial Information 6 Part III Management Discussion and Analysis 10 Part IV Corporate Governance, and Environmental and Social Responsibility 33 Part V Significant Events 51 Part VI Share Changes and Shareholder Information 55 Part VII Corporate Bonds 61 Part VIII Financial Statements 62 Annual Report 2025 ~ 4 ~ Documents Available for Reference (I) Financial statements signed and sealed by the Company’s legal representative, the Company’s Chief Accountant and the head of the Company’s financial department (equivalent to financial manager); (II) The original copy of the Independent Auditor’s Report stamped by the CPA firm as well as signed and stamped by the engagement certified public accountants; (III) All originals of the Company’s documents and announcements that have been public