Stock code: 688012 Stock abbreviation: China Micro Corporation

China Micro Semiconductor Equipment (Shanghai) 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

The company's operating income in the first three quarters of 2024 (January-September) was 5.507 billion yuan, a year-on-year increase of about 36.27%. Among them, etching is set

The reserve income was 4.413 billion yuan, a year-on-year increase of about 53.77%.

The company's new orders in the first three quarters of 2024 (January-September) were 7.64 billion yuan, a year-on-year increase of about 52.0%. Among them, etching equipment is new

increased orders by 6.25 billion yuan, a year-on-year increase of about 54.7%; The new product LPCVD added orders of 300 million yuan and began to start large-scale.

According to market demand, the company has significantly increased its research and development efforts. In the first three quarters of 2024, the company's R&D expenditure was 1.544 billion yuan, which was higher than before

In the same period, it increased by 756 million yuan (an increase of about 95.99%), and R&D expenditure accounted for about 28.03% of the company's operating income.

According to customer order demand, the company produced a total of 1,160 cavities of special equipment in the first three quarters of 2024 (January to September), a year-on-year increase

about 310%, corresponding to an output value of about 9.419 billion yuan, a year-on-year increase of about 287%.

1. Key financial data

(i) Key accounting data and financial indicators

Unit: Yuan Currency: RMB

The reporting period is the same as the beginning of the year to the reporting period

Item Current reporting period Year-on-year increase Year-on-year from the beginning of the year to the end of the reporting period Year-on-year period

Decrease the change by the increase or decrease in the range of change

(%) (%)

Operating income 2,059,481,848.62 35.96 5,507,194,599.46 36.27

396,285,695.95 152.63 912,979,678.37 -21.28 attributable to shareholders of listed companies

Net profit

attributable to shareholders of listed companies

Net net of non-recurring gains and losses 330,253,862.44 53.79 813,484,039.19 10.88

profit

Cash flow from operating activities -114,354,317.76 Not applicable 267,567,582.39 Not applicable

Net amount

Basic earnings per share (RMB/share) 0.64 151.76 1.48 -21.51

Diluted earnings per share (RMB/share) 0.63 149.71 1.46 -22.01

The weighted average return on equity was 2.11, an increase of 1.19 4.96, a decrease of 2.22

(%) Percentage point Percentage point

Total R&D investment 573,197,207.84 75.12 1,543,683,794.15 95.99

R&D investment accounted for 27.83 of operating income, an increase of 6.22 and 28.03, an increase of 8.54

Proportion (%) Percentage point Percentage point

The end of the reporting period

End of the reporting period End of the previous year End of the previous year Increase or decrease at the end of the previous year

Magnitude of change (%)

Total assets 25,271,340,608.37 21,525,546,561.69 17.40

18,742,329,791.38 17,826,122,876.82 5.14 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.

In the third quarter of 2024 (July-September), the company's operating income was 2.059 billion yuan, a year-on-year increase of 35.96%. of these, in 2024

The revenue of etching equipment in the third quarter reached 1.715 billion yuan, an increase of 49.41% over the same period last year.

Net profit attributable to shareholders of listed companies in the third quarter of 2024 (July-September) was 396 million yuan, an increase of 2.39 from the same period last year

100 million yuan (an increase of about 152.63%), mainly due to: (1) gross profit increased by 254 million yuan compared with the same period last year due to the growth of operating income in the third quarter; (2) In 2024, the company will significantly increase its R&D efforts to lay a solid foundation for sustainable growth. In the third quarter of 2024, the company's R&D expenses increased by 136 million yuan (an increase of approximately 64.38%) over the same period last year; (3) Included in non-recurring gains or losses in the third quarter of 2024 due to market volatility

Equity investment income was 81 million yuan, an increase of 183 million yuan from a loss of 102 million yuan in the same period last year.

In the third quarter of 2024 (July-September), the net profit attributable to the parent company after deducting non-profits was 330 million yuan, an increase of 1.16 from the same period last year

100 million yuan (an increase of about 53.79%), an increase of about 110 million yuan (an increase of about) from 220 million yuan in the second quarter of 2024 (April-June).

49.92%）。

In the first three quarters of 2024 (January-September), the company's operating income was 5.507 billion yuan, a year-on-year increase of 36.27%. Plasma of the company

Etching equipment continues to gain more customer recognition at home and abroad, and the new shipments of high-end products targeting key etching processes in advanced logic and memory device manufacturing have increased significantly, and the key etching process in the middle of advanced logic devices and the ultra-high aspect ratio etching process of advanced memory devices have achieved mass production. In the first three quarters of 2024, the revenue of etching equipment was 4.413 billion yuan, an increase of about 53.77% over the same period of the previous year. The company closely follows the development opportunities of the MOCVD market, and actively lays out the market for silicon carbide and gallium nitride-based power device applications, and in micro-LED

and other specialized MOCVD devices in the field of display, and several new MOCVD products that have been shipped and are about to be shipped are entering the market. In addition, in the first three quarters of this year, the company's new product LPCVD equipment achieved its first sales, with a revenue of 28 million yuan. The company's EPI equipment has successfully entered the mass production verification stage of the customer, and has completed the process verification of many advanced logic device and MTM device customers, and the results have been highly recognized by customers.

In the first three quarters of 2024 (January-September), the company added orders of 7.64 billion yuan, a year-on-year increase of about 52.0%. Among them, etching equipment has been added

orders were 6.25 billion yuan, a year-on-year increase of about 54.7%; LPCVD added orders of 300 million yuan, and new products began to be launched in large quantities.

In the first three quarters of 2024 (January-September), the company produced a total of 1,160 cavities of special equipment, a year-on-year increase of about 310%, corresponding to an output value of about

9.419 billion yuan, a year-on-year increase of about 287%, laying a good foundation for the company's subsequent shipments and revenue recognition. Issued at the end of September 2024

the balance of goods was about 3.507 billion yuan, an increase of 2.640 billion yuan from the balance of 868 million yuan at the beginning of the year; Balance of contract liabilities at the end of September 2024

Approximately $2,988 million, an increase of approximately $2,216 million from the balance of $772 million at the beginning of the year.

The net profit attributable to shareholders of listed companies in the first three quarters of 2024 (January-September) was 913 million yuan, a decrease of about 2.47 from the same period last year

100 million yuan, a year-on-year decrease of about 21.28%, mainly due to: (1) Due to the rapid growth of market demand for the development of a variety of new equipment by AMEC, the company will significantly increase its R&D efforts in 2024 to make up for shortcomings as soon as possible, achieve catch-up, and lay a good foundation for sustainable growth. In the first three quarters of 2024, the company's R&D expenditure increased by 756 million yuan (an increase of about 95.99%) over the same period last year, and the proportion of R&D expenditure in the company's operating income was about 28.03%, much higher than the average of the Science and Technology Innovation Board; (2) In 2023, the company sold part of the shares of Tuojing Technology Co., Ltd

The net income after income after tax is approximately RMB406 million, and the Company does not have such equity disposal gain in 2024; (3) Due to market volatility, the company 2024

Equity investment income included in non-recurring gains and losses in the first three quarters of the year was 74 million yuan, an increase of about 164 million yuan from the loss of 90 million yuan in the same period last year.

In the first three quarters of 2024 (January-September), the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses was about 813 million yuan.

An increase of RMB80 million (an increase of approximately 10.88%) over the same period last year, mainly due to an increase in gross profit of RMB569 million due to the increase in operating income, and

R&D expenses increased by $411 million over the same period last year.

(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 Amount from the beginning of the year to the end of the reporting period Description

Gains and losses on disposal of illiquid assets, including accrued assets 78,743.10 9,964,955.29

The reversal portion of the impairment provision

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

The business is closely related to the national policy provisions, -8,073,344.20 22,293,781.85

In accordance with the determined standards, the company's profit and loss is held

Except for government grants that continue to be affected

Except for effective hedging in connection with the normal course of the Company's business

In addition to value, non-financial enterprises held financial assets and gold 78,369,842.43 54,387,065.55

Fair value change gains and losses arising from financing liabilities and disposal

Gains and losses on financial assets and financial liabilities

Profit or loss on entrusting others to invest or manage assets 6,845,606.73 26,225,113.30

Other non-operating income and expenses other than the above items 522,442.16 4,299,956.46

Less: Income tax impact -11,704,695.52 -17,667,031.77

Impact of minority interests (after tax) -6,761.19 -8,201.50

Total 66,031,833.51 99,495,639.18

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

(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

（%）

In the third quarter of 2024 (July-September), the company's operating income was 2.059 billion

Operating income _ 35.96 yuan in the reporting period, a year-on-year increase of 35.96%. Among them, etching in the third quarter of 2024

Reserve revenue reached 1.715 billion yuan, an increase of 49.41% over the same period last year.

Operating Income_From the beginning of the year to the reporting period The company's operating income in the first three quarters of 2024 increased by 36.27% year-on-year to 55.07

The last 3.627 billion yuan. The company's etching equipment revenue in the first three quarters of 2024 was 4.413 billion yuan,

This represents an increase of approximately 53.77% over the same period last year.

Net profit attributable to shareholders of listed companies for the third quarter of 2024 (July-September).

Runwei was 396 million yuan, an increase of 239 million yuan over the same period last year (an increase of about

152.63%), mainly due to: (1) the growth of operating income in the third quarter

profit attributable to shareholders of listed companies increased by 254 million yuan over the same period last year; (2) In 2024, the company will significantly increase

Net profit_152.63 R&D efforts in the reporting period to expand future sales categories and lay a good foundation for sustainable growth

Plinth. The company's R&D expenses increased by 1.36 in the third quarter of 2024 compared to the same period last year

100 million yuan (an increase of about 64.38%); (3) Due to market volatility, 2024

Equity investment income through non-recurring gains and losses was $81 million in the third quarter

yuan, an increase of 183 million yuan from a loss of 102 million yuan in the same period last year.

Net profit attributable to the parent company after deduction of non-profits for the third quarter of 2024 (July-September).

Runwei was 330 million yuan, an increase of 116 million yuan over the same period last year (an increase of about

53.79% attributable to shareholders of the listed company, mainly due to: (1) gross profit due to the growth of operating income in the third quarter

net profit and loss net of non-recurring gains and losses increased by $254 million over the same period last year; (2) The company will increase significantly in 2024

Profit_This reporting period R&D efforts to expand future sales categories and lay a good foundation for sustainable growth

Plinth. The company's R&D expenses increased by 1.36 in the third quarter of 2024 compared to the same period last year

billion yuan (an increase of about 64.38%).

Basic earnings per share (RMB/share) was 151.76

_Current reporting period The increase in net profit attributable to shareholders of listed companies during the reporting period led to basic

Diluted earnings per share (RMB/share) 149.71 Earnings per share increased.

_ The reporting period

Total R&D investment_75.12 In 2024, the company will significantly increase its R&D efforts to make up for shortcomings as soon as possible and catch up

The total amount of R&D investment was reported at the beginning of the year. The company's current research projects cover six types of equipment and more than 20 new equipment

Closed 95.99 development. With the progress of R&D projects, the company has increased investment in R&D materials.

and the increase in the number of R&D personnel led to an increase in the salary of R&D personnel.

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

At the end of the reporting period, the voting rights of ordinary shareholders at the end of the reporting period were restored

Total number of 37,230 preferred shareholders /

(if any)

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

Contains refinancing, staking, and tokens

Shareholders hold shares held by limited loans or freezes

Name of Shareholder Nature Number of Shares Proportion Selling Conditions Restricted Shares

(%) Number of shares Number of shares

Number of shares, status, volume

Shanghai Venture Capital Co., Ltd. State-owned 93,483,533 15.05 0 0 None 0

juridical person

Xunxin (Shanghai) Investment Co., Ltd. State-owned 80,996,822 13.04 0 0 N/A 0

Company legal person

Hong Kong Securities Clearing Company Limited Other 33,988,127 5.47 0 0 None 0

China Merchants Bank Co., Ltd

-ChinaAMC SSE Science and Technology Innovation Board 50 into Others 30,079,947 4.84 0 0 None 0

exchange-traded open-ended index warrants

Bond investment funds

Huaxin Investment Management Limited Liability

Company - National Integrated Circuit Production State-owned 24,440,316 3.93 0 0 None 0

The second phase of the industrial investment fund has a legal person

Limited to companies

Industrial and Commercial Bank of China Co., Ltd

Company-E Fund SSE Kechuang Other 20,372,274 3.28 0 0 None 0

Board 50 Component Trading Open

Index Securities Investment Funds

China Construction Bank Co., Ltd

Company-Huaxia Guozheng Semiconductor Other 10,143,244 1.63 0 0 None 0

Chip trading open-ended index

Securities investment funds

Industrial and Commercial Bank of China - SSE 50

ETFs Other 8,978,129 1.45 0 0 None 0

investment fund

Industrial and Commercial Bank of China Co., Ltd

Company-Sino Analytica Growth Mixed Other 7,867,231 1.27 0 0 None 0

Securities investment funds

Industrial and Commercial Bank of China Co., Ltd

Company-Huatai Pineapple CSI 300 Others 7,424,844 1.2 0 0 None 0

Exchange-traded open-ended index securities

investment fund

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

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

Volume Class of shares Number of shares

Shanghai Venture Capital Co., Ltd. 93,483,533 RMB ordinary shares 93,483,533

Xunxin (Shanghai) Investment Co., Ltd. 80,996,822 RMB ordinary shares 80,996,822

firm

Hong Kong Securities Clearing Company Limited 33,988,127 RMB ordinary shares 33,988,127

China Merchants Bank Co., Ltd

-ChinaAMC SSE STAR Market 50 into 30,079,947 RMB ordinary shares 30,079,947

exchange-traded open-ended index warrants

Bond investment funds

Huaxin Investment Management Limited Liability

Company - 24,440,316 RMB ordinary shares 24,440,316 RMB ordinary shares

The second phase of the industrial investment fund shares have

Limited to companies

Industrial and Commercial Bank of China Co., Ltd

Company-E Fund SSE Kechuang 20,372,274 RMB ordinary shares 20,372,274

Board 50 Component Trading Open

Index Securities Investment Funds

China Construction Bank Co., Ltd

Company-Huaxia CNI Semiconductor 10,143,244 RMB ordinary shares 10,143,244

Chip trading open-ended index

Securities investment funds

Industrial and Commercial Bank of China - SSE 50

ETFs 8,978,129 RMB ordinary shares 8,978,129

investment fund

Industrial and Commercial Bank of China Co., Ltd

Company-Sino Growth Mixed 7,867,231 RMB ordinary shares 7,867,231

Securities investment funds

Industrial and Commercial Bank of China Co., Ltd

Company-Huatai Pineapple CSI 300 7,424,844 RMB ordinary shares 7,424,844

Exchange-traded open-ended index securities

investment fund

The above-mentioned shareholder affiliation or a Xunxin (Shanghai) Investment Co., Ltd. and Huaxin Investment Management Co., Ltd. - State

Explanation of the action Integrated Circuit Industry Investment Fund II Co., Ltd. has an affiliated relationship. In addition to this

It is not known whether the other shareholders are related or acting in concert.

Top 10 shareholders and top 10

Unlimited Shareholder Participation in Financing /

securities and refinancing business said

Ming (if any)

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

Name of Shareholder (Full Credit Account Shares Held and Not Returned Account Shares Borrowed Shares and Not Yet.)

weighed) returned

Quantity Proportional Quantity Proportion Quantity Total Quantity Proportion Quantity Proportion

Total (%) Total (%) Total (%)

China Merchants Bank shares have

Limited company - Huaxia

CSI STAR Market 50 Cheng 28,480 4.60 647,900 0.10 30,079,947 4.84 0 0

open-ended , 521

Index Securities Investment Base

gold

Industrial and Commercial Bank of China shares

Shares Limited - Easy

Fangda SSE STAR Market 12,171 1.97 145,900 0.02 20,372,274 3.28 0 0

50 Ingredient Trading , 671

Open-ended index securities

investment fund

China Construction Bank shares

Parts Limited - Hua

Xia Guozheng Semiconductor Core 10,731 1.73 197,800 0.03 10,143,244 1.63 0 0

Piece trading open, 116

Index Securities Investment Base

gold

Industrial and Commercial Bank of China shares

Shares Co., Ltd.-Hua 3,061,

Tyberry CSI 300 976 0.49 4,300 0.00 7,424,844 1.2 0 0

Transactional open-ended refers to

A number of securities investment funds

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

Quarterly financial statements

(i) Type of audit opinion

□ Applicable √ Not applicable

(ii) Financial statements

Consolidated balance sheet

September 30, 2024

Preparation unit: China Micro Semiconductor Equipment (Shanghai) Co., Ltd

Unit: Yuan Currency: RMB Audit Type: Unaudited

Project September 30, 2024 December 31, 2023

Liquid asset:

Monetary funds 6,798,932,305.03 7,090,409,172.79

Settlement Provisions

Lending funds

Tradable financial assets 732,137,287.68 1,868,925,299.14

Derivative financial assets

Notes receivable 81,678,751.61 48,360,169.73

Accounts receivable 1,336,924,278.15 1,164,908,187.07

Receivables financing

Prepayments 104,550,504.04 112,456,545.17

Premiums receivable

Reinsurance receivables

Reserve for reinsurance contracts receivable

Other receivables 6,282,830.12 10,225,108.44

Where: interest receivable

Dividends receivable

Buy and sell back financial assets

Inventories 7,821,641,093.77 4,260,340,245.57

Contract assets 18,759,702.40 37,080,232.43

Assets held for sale

Non-current assets that mature within one year

Other current assets 724,471,939.42 494,793,895.75

Total current assets 17,625,378,692.22 15,087,498,856.09

Non-current assets:

Loans and advances are issued

Debt investment

Other debt investments

Long-term receivables 24,354,526.27 24,219,955.88

Long-term equity investment 1,103,258,210.00 1,019,574,210.84

Investments in other equity instruments

Other non-current financial assets 1,343,109,284.15 1,202,733,385.14

Investment properties 5,896,815.27 6,206,935.35

Fixed assets 2,498,541,456.80 1,987,606,137.52

Construction in progress 704,214,183.90 848,798,245.12

Productive biological assets

Oil and gas assets

Right-of-use assets 22,061,481.53 25,821,972.74

Intangible assets 726,435,273.22 686,936,965.88

Development expenditure 966,364,521.41 505,792,998.61

goodwill

Long-term amortized expenses 6,211,268.05 5,254,354.26

Deferred tax assets 125,134,328.99 102,158,432.22

Other non-current assets 120,380,566.56 22,944,112.04

Total non-current assets 7,645,961,916.15 6,438,047,705.60

Total assets 25,271,340,608.37 21,525,546,561.69

Current Liabilities:

Short-term borrowing

Borrowing from the Central Bank

Split funds

Transactional financial liabilities

Derivative financial liabilities

Notes payable

Accounts payable 2,031,487,065.37 1,305,110,382.45

Advance Receipts

Contract liabilities 2,987,977,492.87 771,596,755.32

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 183,287,351.31 287,959,710.00

Taxes payable 89,363,092.64 196,154,594.50

Other accounts payable 470,091,101.78 469,394,723.59

Where: Interest payable

Dividends payable

Fees and commissions payable

Reinsurance payable

Liabilities held for sale

Non-current liabilities due within one year 263,325,323.45 509,814,734.32

Other current liabilities 113,570,183.25 83,594,455.26

Total current liabilities 6,139,101,610.67 3,623,625,355.44

Non-current liabilities:

Reserve for insurance contracts

Long-term borrowings 250,000,000.00 -

Bonds payable

Among them: preferred shares

Perpetual bonds

Lease liabilities 10,595,504.05 16,789,007.84

Long-term payables

Long-term Employee Remuneration Payable -

Estimated liabilities 8,737,468.38 15,466,597.35

Deferred income 100,767,625.23 21,016,994.43

Deferred income tax liabilities 21,376,396.38 23,434,221.39

Other non-current liabilities 1,873,884.79 2,109,198.79

Total non-current liabilities 393,350,878.83 78,816,019.80

Total liabilities 6,532,452,489.50 3,702,441,375.24

Owner's Equity (or Shareholders' Equity):

Paid-up capital (or share capital) 621,305,500.00 619,279,423.00

Other Equity Instruments

Among them: preferred shares

Perpetual bonds

Capital reserve 13,804,316,091.37 13,317,392,476.12

Less: Treasury stock -300,777,168.85 -

Other comprehensive income 9,570,954.18 9,123,147.39

Special reserves

Surplus reserve 309,639,711.50 309,639,711.50

General Risk Provisions

Undistributed profit 4,298,274,703.18 3,570,688,118.81

Equity attributable to owners of the parent company (or shareholders' rights 18,742,329,791.38 17,826,122,876.82

benefit) total

Minority interests -3,441,672.51 -3,017,690.37

Total owners' equity (or shareholders' equity) 18,738,888,118.87 17,823,105,186.45

Liabilities and owners' equity (or shareholders' rights 25,271,340,608.37 21,525,546,561.69

benefit) total

Person in charge of the company: Yin Zhiyao Person in charge of accounting: Chen Weiwen Person in charge of accounting institution: Chen Weiwen

Consolidated income statement

January-September 2024

Preparation unit: China Micro Semiconductor Equipment (Shanghai) Co., Ltd

Unit: Yuan Currency: RMB Audit Type: Unaudited

Project Q3 2024 Q3 2023

(January-September) (January-September)

1. Total operating income 5,507,194,599.46 4,041,266,479.18

Among them: operating income 5,507,194,599.46 4,041,266,479.18

Interest income

Premiums earned

Fee and commission income

2. Total operating costs 4,686,862,382.99 3,178,664,486.69

Including: operating costs 3,181,954,720.24 2,285,194,456.94

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 19,276,533.22 8,030,474.33

Selling expenses 318,633,250.62 241,618,110.73

Administrative expenses 311,373,120.65 204,797,201.16

R&D expenses 913,942,970.40 502,387,972.19

Financial expenses -58,318,212.14 -63,363,728.66

Including: interest expense 11,473,463.34 10,767,351.31

Interest income 84,675,705.97 87,722,251.47

Add: Other income 77,737,100.58 33,194,805.33

Investment income (loss is listed with "-") 23,778,931.15 719,949,120.83

Among them: -13,026,377.75 -16,262,602.50 for associates and joint ventures

Investment income

Gold financing at amortized cost

Proceeds are recognized at the end of production

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

Net exposure hedging gain (losses are marked with a "-".)

columns)

Fair value change gain (loss is measured by "-" 54,387,065.55 -290,994,248.48

Fill in the columns)

Credit impairment loss (-14,872,548.54 -10,033,843.99

columns)

Asset impairment loss (-19,191,641.13 -13,293,599.14 for loss with "-".)

columns)

Gain on disposal of assets (loss with "-") 90,844.29 -99,299.19

columns)

3. Operating profit (loss is listed with "-") 942,261,968.37 1,301,324,927.85

Add: Non-operating income 6,704,546.73 3,740,916.81

Less: Non-operating expenses 2,404,590.27 865,247.45

4. Total profit (total loss is listed with "-") 946,561,924.83 1,304,200,597.21

Less: Income tax expense 34,377,786.74 145,506,937.37

5. Net profit (net loss is listed with "-") 912,184,138.09 1,158,693,659.84

(1) Classification according to business continuity

1. Net profit from continuing operations (net loss is based on "-" 912,184,138.09 1,158,693,659.84

number)

2. Net profit from discontinued operations (net loss is denoted by "-"

number)

(2) Classification according to ownership ownership

1. Net profit attributable to shareholders of the parent company 912,979,678.37 1,159,835,796.60

(Net loss is indicated with a "-" sign)

2. Minority shareholders' profit and loss (net loss is -795,540.28 -1,142,136.76

Fill in the columns)

6. Net after-tax of other comprehensive income 447,806.79 10,117,982.51

(1) Other comprehensive attributable to owners of the parent company 447,806.79 10,117,982.51

Net amount after tax on gains

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

benefit

(1) Re-measurement of changes in defined benefit plans

forehead

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

Comprehensive income

(3) Fair value of investments in other equity instruments

fluctuation

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

fluctuation

2. Other comprehensive income reclassified into profit or loss 447,806.79 10,117,982.51

(1) Other comprehensive of transferable gains and losses under the equity method 1,351,687.95 -1,319,205.14

Earnings

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

(3) The reclassification of financial assets is included in other comprehensives

The amount of the combined income

(4) Other credit impairment provisions for debt investments

(5) Cash flow hedging reserves

(6) Difference in translation of foreign currency financial statements -903,881.16 11,437,187.65

(7) Miscellaneous

(2) Other comprehensive income attributable to minority shareholders

net after-tax of benefits

7. Total comprehensive income 912,631,944.88 1,168,811,642.35

(1) Comprehensive income attributable to owners of the parent company 913,427,485.16 1,169,953,779.11

Total benefit

(2) Total comprehensive income attributable to minority shareholders -795,540.28 -1,142,136.76

forehead

8. Earnings per share:

(1) Basic earnings per share (RMB/share) 1.48 1.88

(2) Diluted earnings per share (RMB/share) 1.46 1.87

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: Yin Zhiyao Person in charge of accounting: Chen Weiwen Person in charge of accounting institution: Chen Weiwen

Consolidated Statement of Cash Flows

January-September 2024

Preparation unit: China Micro Semiconductor Equipment (Shanghai) Co., Ltd

Unit: Yuan Currency: RMB Audit 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 the provision of services 8,209,467,133.66 2,983,114,913.25

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 Refund Received -

Other cash received related to operating activities 210,116,490.30 68,477,294.62

Subtotal cash inflow from operating activities 8,419,583,623.96 3,051,592,207.87

Cash for goods and services 6,860,677,733.68 3,307,846,894.82

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 997,674,217.20 660,794,298.95

Taxes paid 215,902,825.45 285,873,031.77

Other cash paid in connection with operating activities 77,761,265.24 73,569,905.14

Subtotal cash outflow from operating activities 8,152,016,041.57 4,328,084,130.68

Net cash flow from operating activities 267,567,582.39 -1,276,491,922.81

2. Cash flow from investment activities:

Cash received from recovery of investments 8,477,404,872.58 13,066,460,809.28

Cash received from investment income 165,399,378.23 792,686,032.65

Disposal of fixed assets, intangible assets and other long-term - 1,566,044.73

Net cash recovered from assets

Disposal of cash received by subsidiaries and other business units

Net gold

Receipt of other cash in connection with investment activities -

Subtotal cash inflows from investing activities 8,642,804,250.81 13,860,712,886.66

Acquisition and construction of fixed assets, intangible assets and other long-term assets 695,257,410.50 653,383,038.55

Cash paid for assets

Cash paid for investments 6,216,637,280.73 11,156,142,004.00

Cash paid for acquisition, construction and development expenditure 563,239,699.31 233,049,216.34

Net increase in pledged loans

Cash paid by subsidiaries and other business units

Net gold

Payments of other cash related to investment activities

Subtotal cash outflow from investing activities 7,475,134,390.54 12,042,574,258.89

Net cash flow from investing activities 1,167,669,860.27 1,818,138,627.77

3. Cash flow from financing activities:

Cash received from investments 100,528,960.50 210,365,150.00

Among them: the subsidiary absorbs minority shareholders' investment and receives

of cash

Cash received from borrowings 250,000,000.00 -

Other cash received in connection with fund-raising activities

Subtotal cash inflows from financing activities 350,528,960.50 210,365,150.00

Cash paid to repay debts 250,000,000.00

Distribution of dividends, profits or interest payments 195,949,344.00 134,177,204.60

gold

Where: shares paid by subsidiaries to minority shareholders

profits, profits

Other cash payments related to financing activities 311,311,556.75 5,815,989.26

Subtotal cash outflow from financing activities 757,260,900.75 139,993,193.86

Net cash flow from financing activities -406,731,940.25 70,371,956.14

IV. Effect of exchange rate changes on cash and cash equivalents -7,656,730.98 18,961,109.85

sound

5. Net increase in cash and cash equivalents 1,020,848,771.43 630,979,770.95

Add: Opening cash and cash equivalents balance 3,538,458,521.32 2,452,963,779.24

6. Balance of cash and cash equivalents at the end of the period 4,559,307,292.75 3,083,943,550.19

Person in charge of the company: Yin Zhiyao Person in charge of accounting: Chen Weiwen Person in charge of accounting institution: Chen Weiwen

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

Other Notes:

In 2024, the Ministry of Finance issued the Compilation of Guidance on the Application of Accounting Standards for Business Enterprises 2024, which stipulates that guarantee warranty expenses should be included in operating costs. Accordingly, the Company included the estimated product quality assurance loss of RMB 173.0321 million incurred in the first three quarters of 2024 into the operating costs, and re-stated the estimated product quality assurance loss of RMB 96.072 million incurred in the first three quarters of 2023 into the operating costs (originally listed in sales expenses).

The announcement is hereby made.

Board of Directors of AMEC Semiconductor Equipment (Shanghai) Co., Ltd

October 29, 2024