Hainan Jingliang Holdings Co., Ltd. Annual Report 2022 (Summary) Stock Code: 000505, 200505 Stock Name: JLKG, JL-B Announcement No. 2023-006 HAINAN JINGLIANG HOLDINGS CO., LTD. ANNUAL REPORT 2022 (SUMMARY) Part I Important Notes This Summary is based on the full Annual Report of Hainan Jingliang Holdings Co., Ltd. (together with its consolidated subsidiaries, the “Company”, except where the context otherwise requires). In order for a full understanding of the Company’s operating results, financial position and future development plans, investors should carefully read the aforesaid full text, which has been disclosed together with this Summary on the media designated by the China Securities Regulatory Commission (the “CSRC”). All the Company’s Directors have attended the Board meeting for the review of this Report and its summary. Independent auditor’s modified opinion: □ Applicable Not applicable Board-approved final cash and/or stock dividend plan for ordinary shareholders for the Reporting Period: □ Applicable Not applicable The Company has no final dividend plan, either in the form of cash or stock. Board-approved final cash and/or stock dividend plan for preferred shareholders for the Reporting Period: □ Applicable Not applicable This Summary has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese version shall prevail. Part II Key Corporate Information 1. Stock Profile Stock name JLKG, JL-B Stock code 000505, 200505 Stock exchange for Shenzhen Stock Exchange stock listing Contact information Board Secretary Securities Representative Name Guan Ying Gao Deqiu 15/F, Jing Liang Building, NO. 16 East Third 15/F, Jing Liang Building, NO. 16 East Third Ring Office address Ring Middle Road, Chaoyang District, Beijing Middle Road, Chaoyang District, Beijing Fax 010-51672010 010-51672010 Tel. 010-51672270 010-51672029 1 Hainan Jingliang Holdings Co., Ltd. Annual Report 2022 (Summary) E-mail address guanying@bjjlkg.cn gaodeqiu@bjjlkg.cn 2. Principal Activities or Products in the Reporting Period The Company is principally engaged in oils and oilseeds processing and trading, as well as food processing. With regard to oils processing and trading, the Company refines, bottles, markets, imports and exports raw oils upon initial pressing. As for oilseeds, the Company presses, refines, bottles, markets, imports and exports oilseeds such as sesame, soybean, corn germ, sunflower seeds and peanuts. The Company runs its oils and oilseeds processing and trading business primarily in Beijing City, Tianjin City and Hebei Province under the brands of “Gu Chuan”, “Lv Bao”, “Gu Bi”, “Huo Niao”, etc., with the main products being soybean oil, rapeseed oil, sunflower seed oil and sesame oil and paste, among others. As for its food processing business, it primarily develops, produces and markets snack food and bread under the brands of “Little Prince”, “MS Dong”, “Jianqiang De Tudou” and “Gu Chuan”, among others, with the main products being potato chips, cakes and pastries and bread. The snack food business covers all provinces and municipalities in China, while the bread business focuses on the Beijing-Tianjin- Hebei region. In this regard, the Company is one of the major suppliers for KFC in North China. According to the Industry Categorization Results of Listed Companies, the Company falls into the major industry category of manufacturing—agri-food processing industry (code: C13). Specifically, the Company operates in the vegetable oil processing segment, with its food processing business accounting for a large proportion in gross profit. With respect to the vegetable oil processing industry, industrial integration has accelerated and differentiation is increasingly evident, with minority oils such as sunflower seed oil, tea oil, corn oil and rice bran oil seeing fast growth. In terms of the food processing industry, consumer needs have become increasingly diverse, resulting in better and richer product offerings. Nonetheless, there are only a handful of major brands in the industry, indicating great potential for industrial integration. 3. Key Financial Information (1) Key Financial Information of the Past Three Years Indicate by tick mark whether there is any retrospectively restated datum in the table below. □ Yes No Unit: RMB Change of 31 31 December 2022 31 December 2021 December 2022 over 31 December 2020 31 December 2021 (%) Total assets 6,105,144,167.96 6,046,600,058.90 0.97% 5,695,504,493.73 Equity attributable to the listed company’s shareholders 3,061,661,435.05 2,915,802,291.05 5.00% 2,710,571,543.53 2022 2021 2022-over-2021 2020 2 Hainan Jingliang Holdings Co., Ltd. Annual Report 2022 (Summary) change (%) Operating revenue 12,857,874,301.72 11,763,093,835.56 9.31% 8,741,749,912.11 Net profit attributable to the listed company’s shareholders 141,411,141.28 204,459,771.08 -30.84% 184,846,956.70 Net profit attributable to the listed company’s shareholders before 124,297,168.33 195,422,832.45 -36.40% 164,037,737.59 exceptional items Net cash generated from/used in -533,230,947.03 632,240,056.44 -184.34% -246,540,910.08 operating activities Basic earnings per share 0.19 0.28 -32.14% 0.26 (RMB/share) Diluted earnings per share 0.19 0.28 -32.14% 0.26 (RMB/share) Weighted average return on equity (%) 4.73% 7.27% -2.54% 7.17% (2) Key Financial Information by Quarter Unit: RMB Q1 Q2 Q3 Q4 Operating revenue 3,024,441,143.44 2,488,340,126.88 3,931,892,303.79 3,413,200,727.61 Net profit attributable to the listed 36,992,676.25 35,915,653.90 18,632,830.26 49,869,980.87 company’s shareholders Net profit attributable to the listed company’s shareholders before 36,436,748.65 34,828,990.82 15,748,627.17 37,282,801.69 exceptional items Net cash generated from/used in -193,652,734.08 19,042,324.65 9,679,813.98 -368,300,351.58 operating activities Indicate by tick mark whether any of the quarterly financial data in the table above or their summations differs materially from what have been disclosed in the Company’s quarterly or interim reports. □ Yes No 4. Share Capital and Shareholder Information at the Period-End (1) Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed Voting Rights as well as Holdings of Top 10 Shareholders Unit: Share Number of Number of preferred preferred shareholders Number of Number of ordinary shareholders with resumed ordinary shareholders at the 68,206 67,266 with resumed 0 voting rights at 0 shareholders at month-end prior to the voting rights the month-end the period-end disclosure of this Report at the period- prior to the end disclosure of this Report Top 10 shareholders Total shares Shares in pledge, Nature of Shareholdin Name of shareholder held at the Restricted shares held marked or frozen shareholder g percentage period-end Status Shares BEIJING GRAIN GROUP State-owned legal 39.68% 288,439,561 0 CO., LTD. person 3 Hainan Jingliang Holdings Co., Ltd. Annual Report 2022 (Summary) BEIJING STATE-OWNED CAPITAL OPERATION State-owned legal 6.67% 48,510,460 0 AND MANAGEMENT person COMPANY LIMITED Domestic natural WANG YUECHENG 5.66% 41,159,887 41,159,887 person Foreign natural LI SHERYN ZHAN MING 0.42% 3,024,600 0 person Domestic natural MEI JIANYING 0.36% 2,604,203 0 person Domestic natural WANG ZHIQIANG 0.34% 2,507,123 0 person Domestic natural CHEN TING 0.31% 2,261,069 0 person Domestic natural CHEN TIANHUA 0.29% 2,101,100 0 person Domestic natural ZHANG XIAOXIA 0.27% 1,949,250 0 person Domestic natural WANG XIAOXING 0.23% 1,654,200 0 person ① Beijing State-Owned Capital Operation and Management Company Ltd. owns an indirect 100% share of Beijing Grain Group Co., Ltd., and Beijing Grain Group Related or acting-in-concert parties among the Co., Ltd. is the controlling shareholder of the Company (a 39.68% holding). ① shareholders above Wang Yuecheng is a Deputy General Manager of the Company. Apart from that, the Company does not know whether there are any other related parties or acting- in-concert parties among the top 10 shareholders. Shareholder Chen Tianhua holds 2,093,500 shares in the Company through his Shareholders involved in securities margin account of collateral securities for margin trading in Founder Securities Co., Ltd. trading (if any) Shareholder Wang Xiaoxing holds 1,654,200 shares in the Company through his account of collateral securities for margin trading in Soochow Securities Co., Ltd. (2) Number of Preferred Shareholders and Shareholdings of Top 10 □ Applicable Not applicable No preferred shareholders in the Reporting Period. (3) Ownership and Control Relations between the Actual Controller and the Company 5. Outstanding Bonds at the Date when this Report Was Authorized for Issue □ Applicable Not applicable 4 Hainan Jingliang Holdings Co., Ltd. Annual Report 2022 (Summary) Part III Significant Events In 2022, various uncertainties and urgency intertwined and became the new normal. In the face of various external environmental pressures, the company adhered to the general tone of seeking progress while maintaining stability, fully promoted the implementation of the “14th Five Year Plan” development plan, and maintained a stable development trend in general. For the year under review, the Company recorded operating revenue of RMB12.858 billion, up 9.31% year on year, a net profit attributable to the listed company’s shareholders of RMB141 million, down 30.84% year on year. No significant changes occurred to the Company’s operations in the Reporting Period. For further information, see the full Annual Report 2022. Hainan Jingliang Holdings Co., Ltd. 31 March 2023 5