StockCode:000858StockName:WuliangyeAnnouncementNo.:2025/No.031
WuliangyeYibinCo.,Ltd.ThirdQuarterlyReport2025
TheCompanyandallmembersofitsBoardofDirectorsherebyguaranteethattheinformationdisclosedhereinaretrue,accurateandcompleteandfreeofanymisrepresentations,misleadingstatementsormaterialomissions.
Importantinformation:
1.TheBoardofDirectors(orthe“Board”)aswellasthedirectorsandseniormanagementofWuliangyeYibinCo.,Ltd.(hereinafterreferredtoasthe“Company”)herebyguaranteethatthecontentsofthisReportaretrue,accurateandcompleteandfreeofanymisrepresentations,misleadingstatementsormaterialomissions,andcollectivelyandindividuallyacceptlegalresponsibilityforsuchcontents.
2.TheCompany’slegalrepresentative,ChiefFinancialOfficer,andheadoftheaccountingdepartmentherebyguaranteethatthefinancialstatementscarriedinthisReportaretrue,accurateandcomplete.
3.IndicatewhetherthefinancialstatementsinthisReporthavebeenauditedbyanindependentauditor.
□Yes?No
IKeyFinancialInformationi.KeyAccountingDataandFinancialIndicators
Indicatewhetherthereisanyretrospectivelyrestateddatuminthetablebelow.
□Yes?No
| Q32025 | YoYchange(%) | Q1-Q32025 | YoYchange(%) | |
| Operatingrevenue(RMB) | 8,174,336,700.05 | -52.66% | 60,945,321,083.57 | -10.26% |
| Netprofitattributabletothelistedcompany’sshareholders(RMB) | 2,019,334,151.76 | -65.62% | 21,511,276,550.29 | -13.72% |
| Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalgainsandlosses(RMB) | 2,015,318,996.60 | -65.81% | 21,494,962,886.91 | -13.44% |
| Netcashgeneratedfrom/usedinoperatingactivities(RMB) | — | — | 28,247,488,416.94 | -5.19% |
| Basicearningspershare(RMB/share) | 0.520 | -65.63% | 5.542 | -13.72% |
| Dilutedearningspershare(RMB/share) | 0.520 | -65.63% | 5.542 | -13.72% |
| Weightedaveragereturnonequity(%) | 1.43% | Downby2.97percentagepoints | 15.37% | Downby2.96percentagepoints |
| September30,2025 | December31,2024 | Change(%) | ||
| Totalassets(RMB) | 181,073,423,202.77 | 188,252,218,704.17 | -3.81% | |
| Equityattributabletothelistedcompany’sshareholders(RMB) | 142,495,742,798.41 | 133,285,282,015.97 | 6.91% | |
ii.ExceptionalGainsandLosses
?Applicable□Notapplicable
Unit:RMB
| Item | Q32025 | Q1-Q32025 | Note |
| Gainorlossondisposalofnon-currentassets(inclusiveofimpairmentallowancewrite-offs) | -6,725,119.22 | 1,988,503.74 | |
| Governmentgrantsrecognizedinprofitorloss(exclusiveofthosethatarecloselyrelatedtotheCompany'snormalbusinessoperationsandgiveninaccordancewithdefinedcriteriaandincompliancewithgovernmentpolicies,andhaveacontinuingimpactontheCompany'sprofitorloss) | 20,566,408.71 | 52,722,468.69 | |
| Capitaloccupationchargesonnon-financialenterprisesthatarerecognizedinprofitorloss | 30,668.44 | 153,824.40 | |
| Non-operatingincomeandexpenseotherthantheabove | -2,709,116.38 | -29,381,141.92 | |
| Less:Incometaxeffects | 1,439,573.08 | 4,529,299.73 | |
| Non-controllinginterestseffects(netoftax) | 5,708,113.31 | 4,640,691.80 | |
| Total | 4,015,155.16 | 16,313,663.38 | -- |
Particularsaboutotheritemsthatmeetthedefinitionofexceptionalgain/loss:
□Applicable?NotapplicableNosuchcasesfortheReportingPeriod.ExplanationofwhytheCompanyreclassifiesasrecurrentanexceptionalgain/lossitemlistedintheExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic—ExceptionalGain/LossItems:
□Applicable?NotapplicableNosuchcasesfortheReportingPeriod.iii.ChangesinKeyFinancialStatementItemsandReasons?Applicable□Notapplicable
| Item | Q32025 | Q32024 | Change(%) | Mainreasonforthechange |
| Operatingrevenue(RMB) | 8,174,336,700.05 | 17,267,553,533.60 | -52.66% | Note1 |
| Netprofitattributabletothelistedcompany’sshareholders(RMB) | 2,019,334,151.76 | 5,873,953,027.68 | -65.62% | Note2 |
| Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalgainsandlosses(RMB) | 2,015,318,996.60 | 5,893,768,253.73 | -65.81% | |
| Basicearningspershare(RMB/share) | 0.520 | 1.513 | -65.63% | |
| Dilutedearningspershare(RMB/share) | 0.520 | 1.513 | -65.63% |
Note:“Q32025”referstothethreemonthsendedSeptember30,2025.Note1:ThisisprimarilybecausetheBaijiuindustrywasindeepadjustmentandeffectivedemanddidnotrecoverinanexpectedpace.
Note2:ThisisprimarilydrivenbythedecreasedrevenueandtheincreasedinputsasaresponsetomarketchangesduringQ32025.
IIShareholderInformation
i.NumbersofOrdinaryShareholdersandPreferenceShareholderswithResumedVotingRightsaswellasHoldingsofTop10Shareholders
Unit:share
| Numberofordinaryshareholdersattheperiod-end | 666,853 | Numberofpreferenceshareholderswithresumedvotingrightsattheperiod-end(ifany) | 0 | ||||
| Top10shareholders(exclusiveofshareslentinrefinancing) | |||||||
| Nameofshareholder | Natureofshareholder | Shareholdingpercentage | Totalsharesheld | Restrictedsharesheld | Sharesinpledge,markedorfrozen | ||
| Status | Shares | ||||||
| YibinDevelopmentHoldingGroupCo.,Ltd. | State-ownedcorporation | 34.43% | 1,336,548,020 | ||||
| SichuanYibinWuliangyeGroupCo.,Ltd. | State-ownedcorporation | 20.65% | 801,503,277 | ||||
| HongKongSecuritiesClearingCompanyLimited | Overseascorporation | 2.85% | 110,457,065 | ||||
| ChinaSecuritiesFinanceCorporationLimited | Other | 2.38% | 92,385,936 | ||||
| BankofChinaLimited－ChinaMerchantsChinaSecuritiesBaijiuIndexClassificationSecuritiesInvestmentFund | Other | 1.39% | 53,773,766 | ||||
| CentralHuijinAssetManagementCo.,Ltd. | State-ownedcorporation | 1.01% | 39,325,400 | ||||
| IndustrialandCommercialBankofChinaLimited-Huatai-PineBridgeCSI300Exchange-tradedOpen-endedIndexSecuritiesInvestmentFund | Other | 0.85% | 33,141,465 | ||||
| BankofChinaLimited－EFundBlueChipSelectedMixedSecuritiesInvestmentFund | Other | 0.74% | 28,566,600 | ||||
| ChinaConstructionBankCorporation－EFundCSI300Exchange-tradedOpen-endedIndexPromoterSecuritiesInvestmentFund | Other | 0.62% | 23,884,695 | ||||
| ChinaConstructionBankCorporation－PenghuaChinaSecuritiesLiquorExchange-tradedOpen-endedIndexSecuritiesInvestmentFund | Other | 0.61% | 23,737,440 | ||||
| Top10unrestrictedshareholders(exclusiveofshareslentinrefinancingandlockedsharesofseniormanagement) | |||||||
| Nameofshareholder | Unrestrictedsharesheld | Sharesbyclass | |||||
| Class | Shares | ||||||
| YibinDevelopmentHoldingGroupCo.,Ltd. | 1,336,548,020 | RMB-denominatedordinaryshares | 1,336,548,020 | |
| SichuanYibinWuliangyeGroupCo.,Ltd. | 801,503,277 | RMB-denominatedordinaryshares | 801,503,277 | |
| HongKongSecuritiesClearingCompanyLimited | 110,457,065 | RMB-denominatedordinaryshares | 110,457,065 | |
| ChinaSecuritiesFinanceCorporationLimited | 92,385,936 | RMB-denominatedordinaryshares | 92,385,936 | |
| BankofChinaLimited－ChinaMerchantsChinaSecuritiesBaijiuIndexClassificationSecuritiesInvestmentFund | 53,773,766 | RMB-denominatedordinaryshares | 53,773,766 | |
| CentralHuijinAssetManagementCo.,Ltd. | 39,325,400 | RMB-denominatedordinaryshares | 39,325,400 | |
| IndustrialandCommercialBankofChinaLimited-Huatai-PineBridgeCSI300TradedOpen-endedIndexSecuritiesInvestmentFund | 33,141,465 | RMB-denominatedordinaryshares | 33,141,465 | |
| BankofChinaLimited－EFundBlueChipSelectedMixedSecuritiesInvestmentFund | 28,566,600 | RMB-denominatedordinaryshares | 28,566,600 | |
| ChinaConstructionBankCorporation－EFundCSI300TradedOpen-endedIndexPromoterSecuritiesInvestmentFund | 23,884,695 | RMB-denominatedordinaryshares | 23,884,695 | |
| ChinaConstructionBankCorporation－PenghuaChinaSecuritiesLiquorExchange-tradedOpen-endedIndexSecuritiesInvestmentFund | 23,737,440 | RMB-denominatedordinaryshares | 23,737,440 | |
| Relatedoracting-in-concertpartiesamongtheshareholdersabove | Amongthetop10shareholders,SichuanYibinWuliangyeGroupCo.,Ltd.isawholly-ownedsubsidiaryofYibinDevelopmentHoldingGroupCo.,Ltd.AndtheCompanyisnotawareofanyrelatedoracting-in-concertpartiesamongtheotherpublicshareholders. | |||
| Top10shareholdersinvolvedinsecuritiesmargintrading(ifany) | None | |||
5%orgreatershareholders,top10shareholdersandtop10unrestrictedpublicshareholdersinvolvedinrefinancingshareslending:
□Applicable?Notapplicable
Changesintop10shareholdersandtop10unrestrictedpublicshareholdersduetoshareslent/returnedinrefinancingcomparedwiththepriorperiod:
□Applicable?Notapplicableii.NumberofPreferenceShareholdersandShareholdingsofTop10ofThem
□Applicable?Notapplicable
IIIOtherSignificantEvents
□Applicable?Notapplicable
IVQuarterlyFinancialStatements
i.FinancialStatements
1.ConsolidatedBalanceSheetPreparedbyWuliangyeYibinCo.,Ltd.September30,2025Unit:RMB
| Item | September30,2025 | January1,2025 |
| Currentassets: | ||
| Monetaryassets | 136,305,976,701.21 | 127,398,915,484.11 |
| Settlementreserve | ||
| Loanstootherbanksandfinancialinstitutions | ||
| Held-for-tradingfinancialassets | ||
| Derivativefinancialassets | ||
| Notesreceivable | 10,297,383.00 | |
| Accountsreceivable | 98,282,128.50 | 37,346,561.95 |
| Receivablesfinancing | 3,344,614,674.60 | 19,566,397,992.11 |
| Prepayments | 218,139,264.18 | 144,877,853.45 |
| Premiumsreceivable | ||
| Reinsurancereceivables | ||
| Receivablereinsurancecontractreserve | ||
| Otherreceivables | 72,405,486.74 | 47,264,361.93 |
| Ofwhich:Interestreceivable | ||
| Dividendsreceivable | ||
| Financialassetspurchasedunderresaleagreements | ||
| Inventories | 17,540,752,483.71 | 18,233,702,166.62 |
| Ofwhich:Dataresources | ||
| Contractassets | ||
| Assetsheldforsale | ||
| Currentportionofnon-currentassets | ||
| Othercurrentassets | 144,067,086.88 | 344,496,042.69 |
| Totalcurrentassets | 157,724,237,825.82 | 165,783,297,845.86 |
| Non-currentassets: | ||
| Loansandadvancestocustomers | ||
| Debtinvestments | ||
| Otherdebtinvestments | ||
| Long-termreceivables | ||
| Long-termequityinvestments | 2,173,006,025.05 | 2,081,612,703.43 |
| Otherequityinvestments | ||
| Othernon-currentfinancialassets | 1,200,000.00 | 1,200,000.00 |
| Investmentproperty | ||
| Fixedassets | 7,687,485,550.51 | 7,264,740,683.62 |
| Constructioninprogress | 6,484,847,916.38 | 5,795,172,321.07 |
| Productivelivingassets | ||
| Oilandgasassets | ||
| Right-of-useassets | 490,464,355.20 | 796,264,399.72 |
| Intangibleassets | 2,684,563,454.08 | 2,671,286,519.55 |
| Ofwhich:Dataresources | ||
| Developmentcosts | ||
| Ofwhich:Dataresources | ||
| Goodwill | 1,621,619.53 | 1,621,619.53 |
| Long-termprepaidexpense | 140,572,950.75 | 141,764,604.11 |
| Deferredincometaxassets | 3,196,298,448.85 | 3,397,108,317.96 |
| Othernon-currentassets | 489,125,056.60 | 318,149,689.32 |
| Totalnon-currentassets | 23,349,185,376.95 | 22,468,920,858.31 |
| Totalassets | 181,073,423,202.77 | 188,252,218,704.17 |
| Currentliabilities: | ||
| Short-termborrowings | ||
| Borrowingsfromthecentralbank | ||
| Loansfromotherbanksandfinancialinstitutions | ||
| Held-for-tradingfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 736,518,894.64 | 416,456,848.09 |
| Accountspayable | 8,679,053,511.82 | 9,076,595,227.75 |
| Advancesfromcustomers | 8,948,411.36 | 9,237,322.95 |
| Contractliabilities | 9,267,919,774.58 | 11,689,880,975.04 |
| Financialassetssoldunderrepurchaseagreements | ||
| Customerdepositsanddepositsfromotherbanksandfinancialinstitutions | ||
| Payablesforactingtradingofsecurities | ||
| Payablesforunderwritingofsecurities | ||
| Employeebenefitspayable | 4,023,641,039.53 | 4,574,708,782.13 |
| Taxesandleviespayable | 1,556,311,785.78 | 7,287,276,026.82 |
| Otherpayables | 9,346,039,409.35 | 16,507,125,170.07 |
| Ofwhich:Interestpayable | ||
| Dividendspayable | 3,770,700,637.80 | 9,999,022,175.17 |
| Feesandcommissionspayable | ||
| Reinsurancepayables | ||
| Liabilitiesdirectlyassociatedwithassetsheldforsale | ||
| Currentportionofnon-currentliabilities | 368,976,379.48 | 408,675,726.69 |
| Othercurrentliabilities | 385,754,602.64 | 1,056,550,277.52 |
| Totalcurrentliabilities | 34,373,163,809.18 | 51,026,506,357.06 |
| Non-currentliabilities: | ||
| Insurancecontractreserve | ||
| Long-termborrowings |
| Bondspayable | ||
| Ofwhich:Preferenceshares | ||
| Perpetualbonds | ||
| Leaseliabilities | 129,249,122.67 | 393,922,062.84 |
| Long-termpayables | ||
| Long-termemployeebenefitspayable | ||
| Provisions | ||
| Deferredincome | 249,633,760.00 | 242,976,829.32 |
| Deferredincometaxliabilities | 120,890,303.81 | 194,019,722.26 |
| Othernon-currentliabilities | ||
| Totalnon-currentliabilities | 499,773,186.48 | 830,918,614.42 |
| Totalliabilities | 34,872,936,995.66 | 51,857,424,971.48 |
| Owners’equity: | ||
| Sharecapital | 3,881,608,005.00 | 3,881,608,005.00 |
| Otherequityinstruments | ||
| Ofwhich:Preferenceshares | ||
| Perpetualbonds | ||
| Capitalreserves | 2,682,647,086.15 | 2,682,647,086.15 |
| Less:Treasuryshares | ||
| Othercomprehensiveincome | ||
| Specificreserve | ||
| Surplusreserves | 39,064,267,000.43 | 39,064,267,000.43 |
| Generalreserve | ||
| Retainedearnings | 96,867,220,706.83 | 87,656,759,924.39 |
| Totalequityattributabletoownersoftheparentcompany | 142,495,742,798.41 | 133,285,282,015.97 |
| Non-controllinginterests | 3,704,743,408.70 | 3,109,511,716.72 |
| Totalowners’equity | 146,200,486,207.11 | 136,394,793,732.69 |
| Totalliabilitiesandowners’equity | 181,073,423,202.77 | 188,252,218,704.17 |
Legalrepresentative:ZengCongqinChiefFinancialOfficer:ZhangXinHeadoftheaccountingdepartment:LiuMin
2.ConsolidatedIncomeStatementforQ1-Q3
Unit:RMB
| Item | Q1-Q32025 | Q1-Q32024 |
| ITotalrevenues | 60,945,321,083.57 | 67,915,580,112.25 |
| Ofwhich:Operatingrevenue | 60,945,321,083.57 | 67,915,580,112.25 |
| Interestincome | ||
| Insurancepremiumincome | ||
| Feeandcommissionincome | ||
| IITotalcostsandexpenses | 31,612,218,311.25 | 33,665,334,544.84 |
| Ofwhich:Costofsales | 15,281,724,786.58 | 15,580,442,572.51 |
| Interestcosts |
| Feeandcommissioncosts | ||
| Surrenders | ||
| Netinsuranceclaimspaid | ||
| Netamountprovidedasinsurancepolicyreserve | ||
| Expenditureonpolicydividends | ||
| Reinsurancepremiumexpense | ||
| Taxesandlevies | 9,116,314,571.01 | 9,733,428,853.88 |
| Sellingexpense | 6,630,015,165.78 | 7,788,724,892.28 |
| Administrativeexpense | 2,298,633,729.54 | 2,431,749,943.54 |
| R&Dexpense | 318,925,867.64 | 250,817,550.34 |
| Financecosts | -2,033,395,809.30 | -2,119,829,267.71 |
| Ofwhich:Interestexpense | 21,402,505.61 | 24,305,073.85 |
| Interestincome | 2,057,066,902.39 | 2,152,610,740.32 |
| Add:Otherincome | 78,983,849.16 | 230,243,412.13 |
| Returnoninvestment(“－”forloss) | 51,393,321.62 | 21,877,331.70 |
| Ofwhich:Shareofprofitorlossofjointventuresandassociates | 51,393,321.62 | 21,877,331.70 |
| Incomefromthederecognitionoffinancialassetsatamortizedcost | ||
| Exchangegain(“－”forloss) | ||
| Netgainonexposurehedges(“－”forloss) | ||
| Gainonchangesinfairvalue(“－”forloss) | ||
| Creditimpairmentloss(“－”forloss) | -1,147,073.49 | -2,190,011.01 |
| Assetimpairmentloss(“－”forloss) | 15,179,531.45 | |
| Assetdisposalincome(“－”forloss) | 12,464,939.03 | -3,534,415.45 |
| IIIOperatingprofit(“－”forloss) | 29,474,797,808.64 | 34,511,821,416.23 |
| Add:Non-operatingincome | 37,926,665.12 | 28,601,160.05 |
| Less:Non-operatingexpense | 76,560,968.27 | 56,846,089.02 |
| IVGrossprofit(“－”forgrossloss) | 29,436,163,505.49 | 34,483,576,487.26 |
| Less:Incometaxexpense | 7,224,309,566.72 | 8,542,465,967.81 |
| VNetprofit(“－”fornetloss) | 22,211,853,938.77 | 25,941,110,519.45 |
| i.Byoperatingcontinuity | ||
| 1.Netprofitfromcontinuingoperations(“－”fornetloss) | 22,211,853,938.77 | 25,941,110,519.45 |
| 2.Netprofitfromdiscontinuedoperations(“－”fornetloss) | ||
| ii.Byownership | ||
| 1.Netprofitattributabletoshareholdersoftheparentcompany(“－”fornetloss) | 21,511,276,550.29 | 24,930,782,556.55 |
| 2.Netprofitattributabletonon-controllinginterests(“－”fornetloss) | 700,577,388.48 | 1,010,327,962.90 |
| VIOthercomprehensiveincome,netoftax | ||
| Othercomprehensiveincome,netoftaxattributabletoownersoftheparentcompany | ||
| i.Othercomprehensiveincomethatwillnotbereclassifiedto |
| profitorloss | ||
| 1.Changescausedbyremeasurementsondefinedbenefitschemes | ||
| 2.Othercomprehensiveincomethatwillnotbereclassifiedtoprofitorlossundertheequitymethod | ||
| 3.Changesinthefairvalueofotherequityinvestments | ||
| 4.Changesinthefairvaluearisingfromchangesinowncreditrisk | ||
| 5.Other | ||
| ii.Othercomprehensiveincomethatwillbereclassifiedtoprofitorloss | ||
| 1.Othercomprehensiveincomethatwillbereclassifiedtoprofitorlossundertheequitymethod | ||
| 2.Changesinthefairvalueofotherdebtinvestments | ||
| 3.Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 4.Creditimpairmentallowancesforotherdebtinvestments | ||
| 5.Reserveforcashflowhedges | ||
| 6.Differencesarisingfromthetranslationofforeigncurrency-denominatedfinancialstatements | ||
| 7.Other | ||
| Othercomprehensiveincome,netoftaxattributabletonon-controllinginterests | ||
| VIITotalcomprehensiveincome | 22,211,853,938.77 | 25,941,110,519.45 |
| i.Totalcomprehensiveincomeattributabletoownersoftheparentcompany | 21,511,276,550.29 | 24,930,782,556.55 |
| ii.Totalcomprehensiveincomeattributabletonon-controllinginterests | 700,577,388.48 | 1,010,327,962.90 |
| VIIIEarningspershare: | ||
| i.Basicearningspershare | 5.542 | 6.423 |
| ii.Dilutedearningspershare | 5.542 | 6.423 |
Wherebusinesscombinationsinvolvingentitiesundercommoncontroloccurredduringtheperiod,thenetprofitachievedbytheacquireesbeforethecombinationswasRMB0.00,withtheamountforthesameperiodoflastyearbeingRMB0.00.Legalrepresentative:ZengCongqinChiefFinancialOfficer:ZhangXinHeadoftheaccountingdepartment:LiuMin
3.ConsolidatedCashFlowStatementforQ1-Q3
Unit:RMB
| Item | Q1-Q32025 | Q1-Q32024 |
| ICashflowsfromoperatingactivities: | ||
| Proceedsfromsaleofgoodsandrenderingofservices | 76,608,043,515.75 | 77,859,685,171.17 |
| Netincreaseincustomerdepositsanddepositsfromotherbanksandfinancialinstitutions | ||
| Netincreaseinborrowingsfromthecentralbank | ||
| Netincreaseinloansfromotherfinancialinstitutions | ||
| Premiumsreceivedonoriginalinsurancecontracts | ||
| Netproceedsfromreinsurance | ||
| Netincreaseindepositsandinvestmentsofpolicyholders | ||
| Interest,feesandcommissionsreceived | ||
| Netincreaseinloansfromotherbanksandfinancialinstitutions | ||
| Netincreaseinproceedsfromrepurchasetransactions |
| Netproceedsfromactingtradingofsecurities | ||
| Taxandlevyrebates | 3,869,080.00 | 44,310,389.47 |
| Cashgeneratedfromotheroperatingactivities | 1,819,040,428.91 | 1,740,241,977.27 |
| Subtotalofcashgeneratedfromoperatingactivities | 78,430,953,024.66 | 79,644,237,537.91 |
| Paymentsforgoodsandservices | 10,050,827,765.03 | 10,242,836,807.45 |
| Netincreaseinloansandadvancestocustomers | ||
| Netincreaseindepositsinthecentralbankandotherbanksandfinancialinstitutions | ||
| Paymentsforclaimsonoriginalinsurancecontracts | ||
| Netincreaseinloanstootherbanksandfinancialinstitutions | ||
| Interest,feesandcommissionspaid | ||
| Policydividendspaid | ||
| Cashpaidtoandforemployees | 6,596,712,338.73 | 6,594,871,661.42 |
| Taxesandleviespaid | 28,696,500,647.97 | 28,231,492,921.43 |
| Cashusedinotheroperatingactivities | 4,839,423,855.99 | 4,780,917,414.02 |
| Subtotalofcashusedinoperatingactivities | 50,183,464,607.72 | 49,850,118,804.32 |
| Netcashgeneratedfrom/usedinoperatingactivities | 28,247,488,416.94 | 29,794,118,733.59 |
| IICashflowsfrominvestingactivities: | ||
| Proceedsfromthedisposalofinvestments | ||
| Returnoninvestment | 13,952,640.00 | |
| Netproceedsfromthedisposaloffixedassets,intangibleassetsandotherlong-termassets | 29,998,282.66 | 3,991,067.39 |
| Netproceedsfromthedisposalofsubsidiariesandotherbusinessunits | ||
| Cashgeneratedfromotherinvestingactivities | ||
| Subtotalofcashgeneratedfrominvestingactivities | 29,998,282.66 | 17,943,707.39 |
| Paymentsfortheacquisitionandconstructionoffixedassets,intangibleassetsandotherlong-termassets | 1,488,528,821.02 | 1,615,700,079.03 |
| Paymentsfortheacquisitionofinvestments | 40,000,000.00 | |
| Netincreaseinpledgeloans | ||
| Netpaymentsfortheacquisitionofsubsidiariesandotherbusinessunits | ||
| Cashusedinotherinvestingactivities | ||
| Subtotalofcashusedininvestingactivities | 1,528,528,821.02 | 1,615,700,079.03 |
| Netcashgeneratedfrom/usedininvestingactivities | -1,498,530,538.36 | -1,597,756,371.64 |
| IIICashflowsfromfinancingactivities: | ||
| Capitalcontributionsreceived | 46,080,668.01 | |
| Ofwhich:Capitalcontributionsreceivedbysubsidiariesfromnon-controllinginterests | 46,080,668.01 | |
| Borrowingsreceived | ||
| Cashgeneratedfromotherfinancingactivities | ||
| Subtotalofcashgeneratedfromfinancingactivities | 46,080,668.01 | |
| Repaymentofborrowings | ||
| Interestanddividendspaid | 18,536,483,001.72 | 19,232,909,999.74 |
| Ofwhich:Dividendspaidbysubsidiariestonon-controllinginterests | 7,345,696.50 | 1,105,800,616.39 |
| Cashusedinotherfinancingactivities | 414,824,117.82 | 300,080,899.96 |
| Subtotalofcashusedinfinancingactivities | 18,951,307,119.54 | 19,532,990,899.70 |
| Netcashgeneratedfrom/usedinfinancingactivities | -18,951,307,119.54 | -19,486,910,231.69 |
| IVEffectofforeignexchangeratechangesoncashandcashequivalents | ||
| VNetincreaseincashandcashequivalents | 7,797,650,759.04 | 8,709,452,130.26 |
| Add:Cashandcashequivalents,beginningoftheperiod | 124,771,274,417.68 | 113,095,684,224.30 |
| VICashandcashequivalents,endoftheperiod | 132,568,925,176.72 | 121,805,136,354.56 |
ii.AdjustmentstoFinancialStatementItemsattheBeginningoftheYearoftheFirstImplementationoftheNewAccountingStandardsImplementedsince2025
□Applicable?Notapplicableiii.IndependentAuditor’sReport
IndicatewhetherthefinancialstatementsinthisReporthavebeenauditedbyanindependentauditor.
□Yes?No
Thesefinancialstatementsareunauditedbysuchanauditor.
TheBoardofDirectorsofWuliangyeYibinCo.,Ltd.
October31,2025