Stock code: 688036 Stock abbreviation: Transsion Holdings

Shenzhen Transsion Holdings Co., Ltd

Q3 2024 Report

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or material omission in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

The Board of Directors, the Board of Supervisors, the directors, supervisors and senior management of the Company guarantee that the contents of the quarterly report are true, accurate and complete, and that there are no false records, misleading statements or material omissions, and bear individual and joint legal liability.

The person in charge of the company, the person in charge of accounting and the person in charge of the accounting institution (accounting supervisor) shall ensure the truthfulness, accuracy and completeness of the financial information in the quarterly report.

Whether the third quarter financial statements are audited

□ Yes √ No

1. Key financial data

(i) Key accounting data and financial indicators

Unit: Yuan Currency: RMB

This reporting period is earlier than the beginning of the year

Item Current reporting period Year-on-year increase Year-on-year increase Year-end to end-of-reporting period Year-on-year comparison

Decrease the range of change in the same period

(%) Amplitude of movement (%)

Operating income 16,693,341,759.80 -7.22 51,251,807,722.09 19.13

1,051,451,569.36 -41.02 3,903,466,066.91 0.50 attributable to shareholders of listed companies

Net profit

attributable to shareholders of listed companies

Net net of non-recurring gains and losses 820,102,065.35 -52.72 3,247,863,023.01 -7.44

profit

Cash flow from operating activities N/A N/A 1,241,193,350.15 -89.10

Net amount

Basic earnings per share (RMB/0.93 -57.92 3.46 -28.36.)

shares)

Diluted earnings per share (RMB/0.92 -58.18 3.42 -28.45

shares)

The weighted average return on equity was 5.43 decreased by 4.67 and 20.41 decreased by 2.10

(%) percentage points

Total R&D investment 641,028,705.57 3.62 1,824,439,305.88 7.87

R&D investment accounted for 3.84 of operating income, an increase of 0.40 3.56, a decrease of 0.37

Percentage (%) percentage points

At the end of the reporting period

The end of the reporting period was the end of the previous year and the end of the previous year

Change in increment or decrease

Degree (%)

Total assets 46,710,404,695.35 46,121,000,530.23 1.28

20,287,945,689.73 18,055,206,130.55 12.37 attributable to shareholders of listed companies

Owner's Equity

Note: "The reporting period" refers to the period from the beginning of the quarter to the end of the quarter for 3 months, the same below.

(ii) Items and amounts of non-recurring gains and losses

√ Applicable □ Not applicable

Unit: Yuan Currency: RMB

Non-recurring profit and loss items Amount for the period From the beginning of the year to the reporting period Description

The last amount

Gains and losses on disposal of illiquid assets, including provision for impairment of assets 45,740,113.96 43,759,690.19

of the reversal part

Government subsidies included in the current profit and loss, but with the company's normal business

131,394,491.79 433,658,023.79 is closely related, in line with national policies, and in accordance with the established standards

There are exceptions to government subsidies that have a sustained impact on the company's profit or loss

Except for effective hedging business related to the company's normal business operations

In addition, non-financial enterprises held financial assets and financial liabilities arising from public 125,419,029.47 347,314,315.20

Gains or losses on changes in allowable value, as well as from disposal of financial assets and financial liabilities

profit and loss

Capital occupation fees charged to non-financial enterprises through profit or loss for the current period

Profit or loss on entrusting others to invest or manage assets

Profit or loss from external entrusted loans

All kinds of resources arising from force majeure factors, such as natural disasters

Loss of production

The provision for impairment of receivables that was tested separately was reversed to 306,608.40 1,820,614.24

The cost of investment in subsidiaries, associates and joint ventures

Less than the time when the investment is acquired, it shall be entitled to the identifiable net assets of the investee

Gain from allowable value

Subsidiaries arising from a business combination under the same control from the beginning to the date of the merger

Net profit or loss for the period

Gains or losses on the exchange of non-monetary assets

Debt restructuring gains and losses

A one-time fee incurred by the enterprise due to the cessation of the relevant business activities

use, such as the expenditure of resettlement employees, etc

Profit or loss for the current period due to the adjustment of laws and regulations such as taxation and accounting

one-time effects

The one-time recognition of share-based payment due to the cancellation or modification of the equity incentive plan

expenses

For cash-settled share-based payments, after the vesting date, they are payable

Gains or losses arising from changes in the fair value of employee compensation

Investment real estate that uses the fair value model for subsequent measurement

Gains or losses arising from changes in allowable value

Proceeds from transactions where the price of the transaction is clearly unfair

Profit or loss arising from contingencies unrelated to the normal operation of the company

Custody fee income obtained from entrusted operations

Other non-operating income and expenses other than the above items 1,627,533.29 827,392.40

Other profit or loss items that meet the definition of non-recurring profit or loss

Less: Income tax impact 66,102,088.41 164,333,251.80

Impact of minority interests (after tax) 7,036,184.49 7,443,740.12

Total 231,349,504.01 655,603,043.90

The reasons should be explained for the company to identify the items not listed in the Explanatory Announcement No. 1 on Information Disclosure of Companies Offering Securities to the Public as non-recurring profit and loss items and the amount is significant, and the non-recurring profit and loss items listed in the Explanatory Announcement on Information Disclosure of Companies Offering Securities to the Public No. 1 - Extraordinary Profit and Loss as recurring profit and loss, the reasons should be explained.

√ Applicable □ Not applicable

Unit: Yuan Currency: RMB

The item involves the amount of money reason

The value-added tax of 89,268,837.30 for self-developed and produced software products is directly related to the normal operation of the company's business, no

Rebates with an actual tax burden of more than 3% are exceptional and occasional

(3) The circumstances and reasons for changes in the main accounting data and financial indicators

√ Applicable □ Not applicable

Project Name Percentage of Change Main Reason

（%）

Net profit attributable to shareholders of listed companies_ -41.02 Mainly affected by market competition and supply chain costs,

Revenue and gross margin decreased in the third quarter of 2024 in the reporting period

Deductions attributable to shareholders of listed companies were attributable to a year-on-year decrease in -52.72 profit.

Net profit of profit or loss_ this reporting period

Basic earnings per share_ -57.92 in the reporting period Mainly due to the decrease in net profit attributable to shareholders of listed companies

Diluted earnings per share_-58.18 for the reporting period and due to the conversion of capital reserve into share capital.

It mainly refers to the company's purchase of goods and payment for labor services in the reporting period

Net cash flow from operating activities _ Cash for the year increased significantly over the same period last year, due to the increase

-89.10 at the beginning of the reporting period to the end of the reporting period, mainly due to the company's purchase payment has a certain accounting period, 2024

Purchases due from January to September of the year were larger, and payments increased year-on-year

More.

2. Shareholder information

(1) The total number of ordinary shareholders and the number of preferred shareholders whose voting rights have been restored, and the shareholding status of the top 10 shareholders

Unit: shares

Ordinary shareholders at the end of the reporting period The voting rights at the end of the reporting period were restored

Total 19,028 Preferred Shareholders /

Number (if any)

Shareholdings of the top 10 shareholders (excluding shares lent through refinancing)

Holds holdings that include refinancing pledges, tokens, or freezes

Shareholding Ratio Restriction Clause Settlement of Loaned Shares

Name of shareholder Nature of shareholder Number of shares held Example (%) Shares Number of restricted shares

Number of shares

Quantitative quantity

Shenzhen Transsion Investment Co., Ltd. Domestic non-national 0 0 0 none 0

There are legal entities 560,503,474 49.64

CITIC Securities Asset Management (Xiang

Hong Kong) Ltd. - Client Funds Other 71,573,109 6.34 0 0 None 0

- Repatriation of RMB funds

Xinyu Chuan Jiali Enterprise Management Partnership Other 0 0 None 0

Enterprise (Limited Partnership) 62,005,336 5.49

Hong Kong Securities Clearing Company Limited Overseas 44,584,929 3.95 0 0 N/A 0

China Merchants Bank Co., Ltd.-

ChinaAMC SSE Science and Technology Innovation Board 50 Ingredients Others 0 0 None 0

ETF Securities 35,047,698 3.10

funds

Wannian County Chuanli Enterprise Management Partnership Other 0 0 None 0

Enterprise (Limited Partnership) 23,961,118 2.12

Industrial and Commercial Bank of China Co., Ltd

Division-E Fund SSE STAR Market 50 Others 0 0 None 0

Component ETFs 21,282,707 1.88

Bond investment funds

Wannian County Inheritance Enterprise Management Partnership Other 0 0 None 0

Enterprise (Limited Partnership) 17,277,336 1.53

Wannian County Transsion Enterprise Management Partnership Other 0 0 None 0

Enterprise (Limited Partnership) 14,647,100 1.30

National Social Security Fund 111 Portfolio Other 14,114,499 1.25 0 0 None 0

Shareholdings of the top 10 unrestricted shareholders (excluding shares lent through refinancing)

Name of shareholder Number of unrestricted outstanding shares held Type and number of shares

Type of shares Number of shares

Shenzhen Transsion Investment Co., Ltd. 560,503,474 RMB ordinary shares 560,503,474

CITIC Securities Asset Management (Xiang

Hong Kong) Co., Ltd. - Client funds 71,573,109 RMB ordinary shares 71,573,109

- Repatriation of RMB funds

Xinyu Chuan Jiali Enterprise Management Partnership RMB ordinary shares

Enterprise (Limited Partnership) 62,005,336 62,005,336

Hong Kong Securities Clearing Company Limited 44,584,929 RMB ordinary shares 44,584,929

China Merchants Bank Co., Ltd.-

ChinaAMC SSE STAR Market 50 Component RMB Ordinary Shares

ETFs 35,047,698 35,047,698

funds

Wannian County Chuanli Enterprise Management Partnership RMB ordinary shares

Enterprise (Limited Partnership) 23,961,118 23,961,118

Industrial and Commercial Bank of China Co., Ltd

E Fund SSE STAR Market 50 RMB ordinary shares

Component ETFs 21,282,707 21,282,707

Bond investment funds

Wannian County Inheritance Enterprise Management Partnership RMB ordinary shares

Enterprise (Limited Partnership) 17,277,336 17,277,336

Wannian County Transsion Enterprise Management Partnership RMB ordinary shares

Enterprise (Limited Partnership) 14,647,100 14,647,100

The National Social Security Fund 111 Portfolio 14,114,499 RMB ordinary shares 14,114,499

1. Xinyu Chuanjiali Enterprise Management Partnership (Limited Partnership) and Wannian County Chuanli Enterprise Management Partnership

The above-mentioned shareholders are related or consistent (limited partnership), Wannian County Transsion Enterprise Management Partnership (Limited Partnership), and Wannian County Inheritance Enterprise Management

Description of the action The partnership (limited partnership) is an employee stock ownership platform;

2. It is not known whether there is an affiliated relationship or a concerted action relationship between other shareholders of tradable shares.

Top 10 shareholders and top 10 none

Restricted Shareholders Participate in Margin Trading and /

Description of the refinancing business (e.g

Yes)

Note: During the reporting period, the company implemented the 2023 profit distribution and capital reserve conversion plan, based on the company's total share capital of 806,565,200 shares before the implementation, and increased the capital reserve to all shareholders by 0.4 shares per share.

Shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 shareholders of unrestricted tradable shares participate in the lending of shares in the refinancing business

√ Applicable □ Not applicable

Unit: shares

Shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 shareholders of unrestricted tradable shares participate in the lending of shares in the refinancing business

Ordinary account at the beginning of the period, refinancing at the beginning of the credit period Ordinary account at the end of the period, refinancing at the end of the credit period

Name of shareholder (full account share held and not yet returned account share loaned share and

said) has not been returned

Total Quantity Proportional Quantity Proportion Quantity Total Proportion Quantity Proportion

(%) Total (%) Total (%)

Industrial and Commercial Bank of China shares

Ltd.-E Fund 9,077,109 1.13 89,600 0.01 21,282,707 1.88 0 0

50% of the SSE Science and Technology Innovation Board

Transactional open-ended refers to

A number of securities investment funds

China Merchants Bank Co., Ltd

Company-China Shanghai Securities Branch

Genesis 50 Component Trading 27,068,429 3.36 534,200 0.07 35,047,698 3.10 0 0

open-ended index securities

investment fund

Note: The proportion calculated in the table is that the total share capital at the beginning of the period is 806,565,200 shares, and the total share capital at the end of the period is 1,129,191,280 shares.

The top 10 shareholders and the top 10 shareholders of unrestricted tradable shares have changed compared to the previous period due to the refinancing loan/repayment

□ Applicable √ Not applicable

3. Other reminders

Other important information about the company's operations in the reporting period that investors need to be reminded of

√ Applicable □ Not applicable

1. Important changes in accounting policies:

The content and reason for the change in accounting policy Name of the statement item that is materially affected Amount affected

From January 1, 2024, the company will implement the "Income Statement of the Enterprise Council from January to September 2024".

The Compendium of Guidelines for the Application of the Accounting Standards 2024 provides that the cost of operations will be 414,066,947.56

The warranty expenses are included in the "Cost of Sales", and the selling expenses are -414,066,947.56

The "selling expense" is no longer included and the income statement for the January-September 2023 period is adjusted retrospectively

method corresponds to the financial statement data for the comparable period Cost of Operations 387,888,999.52

Adjust.

Selling expenses -387,888,999.52

Quarterly financial statements

(i) Type of audit opinion

□ Applicable √ Not applicable

(ii) Financial statements

Consolidated balance sheet

September 30, 2024

Prepared by: Shenzhen Transsion Holdings Co., Ltd

Unit: Yuan Currency: RMB Audit Type: Unaudited

Project September 30, 2024 December 31, 2023

Liquid asset:

Monetary funds 13,017,389,025.06 12,598,682,897.30

Settlement Provisions

Lending funds

Tradable financial assets 11,901,743,809.60 13,518,866,853.03

Derivative financial assets

Notes receivable

Accounts receivable 2,802,755,827.47 1,965,060,729.94

Receivables financing

Prepayments 313,034,209.30 237,565,378.45

Premiums receivable

Reinsurance receivables

Reserve for reinsurance contracts receivable

Other receivables 787,867,120.69 901,226,701.80

Where: interest receivable

Dividend receivable 2,713,748.35

Buy and sell back financial assets

Inventories 11,237,199,051.01 10,443,350,640.52

Where: data resources

Contract Assets

Assets held for sale

Non-current assets that mature within one year

Other current assets 238,276,980.13 467,183,454.90

Total current assets 40,298,266,023.26 40,131,936,655.94

Non-current assets:

Loans and advances are issued

Debt investment

Other debt investments

Long-term receivables

Long-term equity investment 704,319,805.77 429,967,095.56

Investments in other equity instruments

Other non-current financial assets 845,996,889.56 852,218,417.69

Investment real estate

Fixed assets 3,108,154,401.84 3,065,129,061.66

Construction in progress 6,231,417.22 599,588.26

Productive biological assets

Oil and gas assets

Right-of-use assets 183,873,688.22 238,664,242.78

Intangible assets 484,125,766.38 508,547,412.78

Where: data resources

Development expenditures

Where: data resources

goodwill

Long-term amortized expenses 42,013,556.61 55,814,978.05

Deferred income tax assets 976,108,037.55 743,880,047.66

Other non-current assets 61,315,108.94 94,243,029.85

Total non-current assets 6,412,138,672.09 5,989,063,874.29

Total assets 46,710,404,695.35 46,121,000,530.23

Current Liabilities:

Short-term borrowings 1,696,875,995.75 1,511,573,784.18

Borrowing from the Central Bank

Split funds

Transactional financial liabilities 5,452,075.42 3,657,196.38

Derivative financial liabilities

Notes payable 3,653,042,795.14 5,068,085,791.00

Accounts payable 12,574,630,582.58 14,073,652,985.21

Advance Receipts

Contract liabilities 1,751,275,273.76 930,232,360.59

Proceeds from the sale and repurchase of financial assets

Absorption of deposits and interbank deposits

Acting as an agent for the purchase and sale of securities

Acting as an agent for underwriting securities

Employee compensation payable 1,104,440,664.79 1,157,136,224.91

Taxes payable 778,279,113.26 759,470,054.13

Other accounts payable 33,999,684.75 43,327,992.41

Where: Interest payable

Dividends payable

Fees and commissions payable

Reinsurance payable

Liabilities held for sale

Non-current liabilities due within one year 577,102,987.35 324,233,708.62

Other current liabilities 65,267,548.68 26,555,151.61

Total current liabilities 22,240,366,721.48 23,897,925,249.04

Non-current liabilities:

Reserve for insurance contracts

Long-term borrowings 250,136,093.99 247,118,613.33

Bonds payable

Among them: preferred shares

Perpetual bonds

Lease liabilities 97,975,588.73 171,002,003.20

Long-term payables

Long-term remuneration payable to employees 71,383,145.21 209,197,920.75

Projected liabilities 3,336,312,849.73 3,157,785,227.36

Deferred income 219,018,716.32 221,190,850.74

Deferred income tax liabilities 44,814,517.21 39,916,911.89

Other non-current liabilities

Total non-current liabilities 4,019,640,911.19 4,046,211,527.27

Total liabilities 26,260,007,632.67 27,944,136,776.31

Owner's Equity (or Shareholders' Equity):

Paid-up capital (or share capital) 1,140,350,575.00 806,565,200.00

Other Equity Instruments

Among them: preferred shares

Perpetual bonds

Capital reserve 6,994,671,993.50 6,583,367,656.44

Less: Treasury shares

Other comprehensive income 98,426,224.42 94,546,844.21

Special reserves

Surplus reserve 444,827,498.73 444,827,498.73

General Risk Provisions

Undistributed profit 11,609,669,398.08 10,125,898,931.17

Equity attributable to owners of the parent company (or shares 20,287,945,689.73 18,055,206,130.55

East Equity) total

Minority interests 162,451,372.95 121,657,623.37

Owners' equity (or shareholders' equity) amounted to 20,450,397,062.68 18,176,863,753.92

plan

Liabilities and owners' equity (or shareholders 46,710,404,695.35 46,121,000,530.23

equity) total

Person in charge of the company: Zhu Zhaojiang Person in charge of accounting: Xiao Yonghui Person in charge of accounting institution: Fang Yuyi

Consolidated income statement

January-September 2024

Prepared by: Shenzhen Transsion Holdings Co., Ltd

Unit: Yuan Currency: RMB Audit Type: Unaudited

Project Q3 2024 Q3 2023

(January-September) (January-September)

1. Total operating income 51,251,807,722.09 43,022,283,145.66

Among them: operating income 51,251,807,722.09 43,022,283,145.66

Interest income

Premiums earned

Fee and commission income

2. Total operating costs 47,300,067,434.67 38,440,881,647.55

Including: operating costs 40,186,050,652.29 32,732,533,067.96

Interest expense

Handling fees and commission expenses

Surrender Benefit

Net payout expense

Draw down the net amount of insurance liability reserves

Policy dividend payouts

Reinsurance costs

Taxes and surcharges 166,349,014.59 185,169,663.96

Selling expenses 3,726,353,519.76 2,786,195,559.44

Administrative expenses 1,339,320,847.65 1,084,805,155.87

R&D expenses 1,824,439,305.88 1,691,355,351.55

Financial expenses 57,554,094.50 -39,177,151.23

Including: interest expense 56,105,712.14 55,935,708.45

Interest income 262,320,241.73 169,289,108.60

Add: Other income 605,949,022.21 267,572,555.04

Investment income (loss is listed with "-") 500,228,155.09 258,495,397.41

Among them: investment income on associates and joint ventures 31,085,121.26 -99,643,618.79

Termination of financial assets measured at amortized cost

Recognize the earnings

Exchange gain (loss is indicated with a "-")

Net Exposure Hedging Gain (Losses are indicated with a "-" sign)

Fair value change gain (loss is listed with "-") -74,240,395.89 -75,686,419.17

Credit impairment loss (loss is listed with "-") 32,565,741.21 -49,639,879.32

Asset impairment loss (loss is listed with "-") -234,698,919.06 -234,385,031.24

Gain on disposal of assets (loss is listed with "-") -1,347,585.79 -3,287,577.47

3. Operating profit (loss is listed with "-") 4,780,196,305.19 4,744,470,543.36

Add: Non-operating income 4,913,434.43 3,939,640.73

Less: Non-operating expenses 5,232,292.95 7,668,230.47

4. Total profit (total loss is listed with "-") 4,779,877,446.67 4,740,741,953.62

Less: Income tax expense 839,826,979.04 827,581,224.96

5. Net profit (net loss is listed with "-") 3,940,050,467.63 3,913,160,728.66

(1) Classification according to business continuity

1. Net profit from continuing operations (net loss is listed with "-") 3,940,050,467.63 3,913,160,728.66

2. Net profit from discontinued operations (net loss is listed with "-")

(2) Classification according to ownership ownership

1. Net profit attributable to shareholders of the parent company (net loss in the form of 3,903,466,066.91 3,884,209,258.51

"-" sign)

2. Profit and loss of minority shareholders (net loss is listed with "-") 36,584,400.72 28,951,470.15

6. Net after-tax of other comprehensive income -2,739,330.91 31,045,165.80

(1) Tax on other comprehensive income attributable to owners of the parent company 3,879,380.21 24,930,719.34

Net after

1. Other comprehensive income that cannot be reclassified into profit or loss

(1) Remeasure the change in the defined benefit plan

(2) Other comprehensive income that cannot be converted into profit or loss under the equity method

(3) Changes in the fair value of investments in other equity instruments

(4) Changes in the fair value of the enterprise's own credit risk

2. Other comprehensive income reclassified into profit or loss 3,879,380.21 24,930,719.34

(1) Other comprehensive income from convertible gains and losses under the equity method -16,015,993.32 13,987,500.91

(2) Changes in the fair value of other debt investments

(3) Financial assets are reclassified into other comprehensive income

amount

(4) Other credit impairment provisions for debt investments

(5) Cash flow hedging reserves

(6) Translation difference of foreign currency financial statements 19,895,373.53 10,943,218.43

(7) Miscellaneous

(2) After-tax of other comprehensive income attributable to minority shareholders -6,618,711.12 6,114,446.47

Net

7. Total comprehensive income 3,937,311,136.72 3,944,205,894.46

(1) Total comprehensive income attributable to owners of the parent company 3,907,345,447.12 3,909,139,977.85

(2) Total comprehensive income attributable to minority shareholders 29,965,689.60 35,065,916.61

8. Earnings per share:

(1) Basic earnings per share (RMB/share) 3.46 4.83

(2) Diluted earnings per share (RMB/share) 3.42 4.78

In the event of a business combination under the same control in the current period, the net profit realized by the merged party before the merger was 0 yuan, and the net profit realized by the merged party in the previous period was 0 yuan.

Person in charge of the company: Zhu Zhaojiang Person in charge of accounting: Xiao Yonghui Person in charge of accounting institution: Fang Yuyi

Consolidated Statement of Cash Flows

January-September 2024

Prepared by: Shenzhen Transsion Holdings Co., Ltd

Unit: RMBCurrency: RMBAudit Type: Unaudited

Project Q3 2024 Q3 2023

(January-September) (January-September)

1. Cash flow from operating activities:

Cash received from the sale of goods and services 54,768,810,692.80 44,317,152,750.90

Net increase in customer deposits and interbank deposits

Net increase in borrowing from the central bank

Net increase in borrowing and lending to other financial institutions

Cash received from the premium of the original insurance contract

Net cash received from reinsurance business

Net increase in policyholders' savings and investments

Cash for interest, fees and commissions

Net increase in borrowed funds

Net increase in funds from repurchase operations

Net cash received from agents to buy or sell securities

Tax refunds received 4,632,313,703.73 4,065,066,532.22

Other cash received related to operating activities 2,364,866,411.54 1,017,654,435.00

Subtotal cash inflow from operating activities 61,765,990,808.07 49,399,873,718.12

Cash for the purchase of goods and payment for services 51,214,271,429.32 29,699,544,119.30

Net increase in customer loans and advances

Net increase in deposits with central banks and interbank funds

Cash payment of the original insurance contract indemnity

Net increase in funds withdrawn

Cash for interest, fees and commissions

Cash to pay policy dividends

Cash paid to and on behalf of employees 3,379,179,361.78 2,840,019,262.88

Taxes paid 1,782,512,463.32 1,596,565,774.62

Other cash paid related to operating activities 4,148,834,203.50 3,875,798,608.02

Subtotal cash outflow from operating activities 60,524,797,457.92 38,011,927,764.82

Net cash flow from operating activities 1,241,193,350.15 11,387,945,953.30

2. Cash flow from investment activities:

Cash received from recovery of investment 12,114,220,685.00 5,186,433,900.00

Cash received from investment income 362,592,881.69 362,746,203.66

Recovery from disposal of fixed assets, intangible assets and other long-term assets 459,220.71 10,442,345.64

net cash

Net cash received from disposal of subsidiaries and other business units was 196,306,146.32

Receipt of other cash related to investment activities

Subtotal cash inflow from investing activities 12,673,578,933.72 5,559,622,449.30

Acquisition and construction of fixed assets, intangible assets and other long-term assets 441,393,407.38 529,114,916.99

of cash

Cash paid for investments 10,548,660,500.00 9,500,142,443.03

Net increase in pledged loans

Net cash payments from subsidiaries and other business units

Payments of other cash related to investment activities

Subtotal cash outflow from investing activities 10,990,053,907.38 10,029,257,360.02

Net cash flow from investing activities 1,683,525,026.34 -4,469,634,910.72

3. Cash flow from financing activities:

Cash received from investments 346,499,420.76 64,484,525.82

Among them: cash received by subsidiaries from absorbing minority shareholders' investment 10,125,907.50 4,495,081.19

Cash received from borrowings 2,110,205,200.00 2,250,000,000.00

Other cash received related to fundraising activities amounted to 2,352,545.00

Subtotal cash inflows from financing activities 2,456,704,620.76 2,316,837,070.82

Cash paid for debt repayment 1,666,205,200.00 1,220,000,000.00

Cash paid for dividends, profits or interest payments 2,504,201,574.31 1,497,557,512.57

Among them: dividends and profits paid by subsidiaries to minority shareholders 30,450,433.88 39,094.80

Other cash payments related to fund-raising activities 68,276,218.18 50,091,613.90

Subtotal cash outflow from financing activities 4,238,682,992.49 2,767,649,126.47

Net cash flow from financing activities -1,781,978,371.73 -450,812,055.65

4. Impact of exchange rate changes on cash and cash equivalents -137,525,641.76 -18,041,965.99

5. Net increase in cash and cash equivalents 1,005,214,363.00 6,449,457,020.94

Add: Opening cash and cash equivalents balance 11,029,112,114.92 8,646,387,071.02

6. Balance of cash and cash equivalents at the end of the period 12,034,326,477.92 15,095,844,091.96

Person in charge of the company: Zhu Zhaojiang Person in charge of accounting: Xiao Yonghui Person in charge of accounting institution: Fang Yuyi

The first implementation of new accounting standards or interpretations of standards from 2024 onwards involves adjustments to the financial statements at the beginning of the year in which they were first implemented

□ Applicable √ Not applicable

The announcement is hereby made.

Board of Directors of Shenzhen Transsion Holdings Co., Ltd

October 28, 2024