Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2024
Stock Code: 000521, 200521 Short Form of the Stock: Changhong Meiling, Hongmeiling B
Announcement No.: 2024-043
CHANGHONG MEILING CO., LTD.
Summary of Semi-Annual Report 2024
I. Important Notice
(1) The summary is abstract from full-text of Semi-annual report, for more details of operating results, financial
status and future development plan of the Company; investors should found in the full-text of semi-annual report
that published on media appointed by CSRC.
(2) The Company did not have directors, supervisors and senior executives of the Company could not guarantee
the reality, accuracy and completion of the whole contents or have objections.
(3) All the directors attended the board meeting to review this report in person..
(4) Prompt of non-standard audit opinion
□Applicable √Not applicable
(5) Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the
Board in the reporting period
□Applicable √Not applicable
The Company has no plans of cash distribution, bonus shares and capitalizing of common reserves either.
(6) Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period □
Applicable √ Not applicable
II. Basic information about the company
(1) Company profile
Changhong Meiling,
Short form of the stock Stock code 000521,200521
Hongmeiling B
1
Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2024
Stock exchange for listing Shenzhen Stock Exchange
Stock abbreviation before change (if any) None
Contact person and contact manner Board secretary
Name Li Xia
Offices add. No. 2163, Lianhua Road, Economic and Technology Development Zone, Hefei
Tel 0551-62219021
E-mail lixia@meiling.com
(2)Major accounting data and financial indicators
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
Changes in the current
reporting period compared
Current Period Same period last year
with the same period of the
previous year (+,-)
Operating income (RMB) 14,947,670,291.70 12,828,694,323.57 16.52%
Net profit attributable to shareholders of the listed
company (RMB)
415,033,415.88 358,054,844.74 15.91%
Net profit attributable to shareholders of the listed
company after deducting non-recurring gains and 432,504,456.37 381,989,843.82 13.22%
losses (RMB)
Net cash flow arising from operating activities
(RMB)
2,728,225,876.60 1,410,519,809.81 93.42%
Basic earnings per share (RMB/Share) 0.4030 0.3477 15.90%
Diluted earnings per share (RMB/Share) 0.4030 0.3477 15.90%
Weighted average ROE Increase by0.19 percentage
6.88% 6.69%
points
Changes at the end of the
reporting period compared
End of current period End of last year
with the end of the previous
year (+,-)
Total assets (RMB) 23,844,271,479.92 19,391,604,526.19 22.96%
Net assets attributable to shareholder of listed
company (RMB)
5,932,872,702.91 5,824,782,654.09 1.86%
(3) Amount of shareholders of the Company and particulars about shares holding
In Share
Total preference shareholders with voting
Total shareholders at end of the
51,072 rights recovered at end of reporting 0
Period period (if any)
Top 10 shares holding(Excludes shares lent through refinancing)
Information of shares
Proportion Amount of
Nature of pledged, tagged or frozen
Full name of shareholders of Share held restricted share
shareholders
shareholders held State of
Amount
share
State-owned
Sichuan Changhong Electric Co., Ltd. 24.12% 248,457,724 0 - -
legal person
HKSCC Foreign legal 6.52% 67,198,211 0 - -
2
Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2024
person
Domestic non-
The National Social Security Fund
state-owned 3.44% 35,423,661 0 - -
101 portfolio
legal person
Hefei Industry Investment Holding State-owned
(Group) Co., Ltd. legal person 2.71% 27,920,220 0 - -
CHANGHONG (HK) TRADING Foreign legal
LIMITED person 2.63% 27,077,797 0 - -
Foreign nature
CAOSHENGCHUN 1.43% 14,766,086 0 - -
person
Industrial Bank－Southern Xingrun Domestic non-
value one-year holding period of state-owned 1.34% 13,797,353 0 - -
hybrid securities investment fund legal person
Domestic non-
ICBC－South Excellent Growth
state-owned 1.25% 12,823,000 0 - -
Stock Securities Investment Fund legal person
China Construction Bank Co., Ltd.- Domestic non-
Jiashixin Consumer Stock Securities state-owned 1.18% 12,182,400 0 - -
Investment Fund legal person
Domestic non-
ICBC－Guangfa Jiyuan bond
state-owned 0.68% 7,000,000 0 - -
securities investment fund
legal person
Among the above shareholders, CHANGHONG (HK) TRADING LIMITED (hereinafter referred to
as Hong Kong Changhong) is the wholly-owned subsidiary of Sichuan Changhong Electric Co.,
Ltd., the foregoing shareholders constitute persons of uniform action. There existed no associated
Explanation on associated relationship or belong to the concerted actors as specified in the Measures for the Administration of
relationship among the aforesaid Information Disclosure of Shareholder Equity Changes of Listed Companies among Sichuan
shareholders
Changhong Electric Co., Ltd, Hong Kong Changhong and other top 8 shareholders, The company
neither knows whether there is any association among other shareholders, nor knows whether other
shareholders belong to the persons acting in concert that is stipulated in the “Administrative
Measures on Information Disclosure of Changes in Shareholding of Listed Companies”.
Notes to the shareholders involved in
Not applicable
financing securities (if any)
Information of shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 shareholders
of unrestricted tradable shares participating in the lending of shares in securities lending and borrowing business
□ Applicable √ Not applicable
The top 10 shareholders and the top 10 shareholders of unrestricted tradable shares have changed compared with
the previous period due to the securities lending/returning,
□ Applicable √ Not applicable
(4)Changing of controlling shareholder and practical controller of the Company.
1.Change of holding shareholder
□ Applicable √ Not applicable
No change of holding shareholder in the report period.
2.Change of substantial controller
□ Applicable √ Not applicable
No change of substantial controller in the report period.
3
Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2024
(5)Number of preference shareholders and shareholdings of top 10 of them
□ Applicable √ Not applicable
No preference shareholders in the reporting period
(6) Corporate bonds that existed on the date when this Report was authorized for issue
□ Applicable √ Not applicable
III. Significant events
1. According to the resolutions of the 42nd meeting of the 10th Board of Directors, the 30th meeting of the
10th Board of Supervisors and the 2023 Annual General Meeting of Shareholders, it was agreed to pass the
Company's 2023 profit distribution plan: based on the Company's total share capital of 1,029,923,715 shares on
December 31, 2023, it will distribute a cash dividend of RMB 3 (including tax) to all shareholders for every 10
shares, with no bonus shares or share capital increase by reserve fund conversion. It is expected to distribute a cash
dividend of RMB 308,977,114.50 (including tax), accounting for 41.70% of the net profit attributable to
shareholders of listed companies in 2023. Found more on appointed media “Securities Times”, “China Securities
Journal” and Juchao Website (www.cninfo.com.cn) that the Company disclosed in the form of announcement
(Announcement No. 2024-007,2024-008, 2024-010 and 2024-024 )on 30 March 2024 and 26 April 2024. .
2. According to the 44th meeting of the 10th Board of Directors, the 32nd meeting of the 10th Board of
Supervisors and the First Extraordinary General Meeting of Shareholders in 2024, it was agreed to amend some
clauses of the Company's Articles of Association according to relevant provisions of laws and regulations and
combined with the actual situation of the Company.Found more on appointed media “Securities Times”, “China
Securities Journal” and Juchao Website (www.cninfo.com.cn) that the Company disclosed in the form of
announcement (Announcement No. 2024-026,2024-027,2024-28,2024-29 and 2024-036 )on 1 June 2024 and 19
June 2024. .
3. In view of the expiration of the term of the 10th Board of Directors of the Company, according to relevant
regulations, the Board of Directors of the Company needs to be re-elected. It was agreed that the 11th Board of
Directors of the Company should have 9 directors, including 6 non-independent directors and 3 independent
directors. According to the resolutions of the 44th meeting of the 10th Board of Directors and the First Extraordinary
General Meeting of Shareholders in 2024, it was agreed to appoint Mr. Wu Dinggang, Mr. Zhong Ming, Mr. Zhao
Qilin, Ms. Yi Suqin, Mr. Cheng Ping and Mr. Fang Wei as the non-independent directors of the 11th Board of
Directors, and Ms. Mu Wen, Mr. Hong Yuanjia and Mr. Cheng Wenlong as the independent directors of the 11th
Board of Directors.Found more on appointed media “Securities Times”, “China Securities Journal” and Juchao
Website (www.cninfo.com.cn) that the Company disclosed in the form of announcement (Announcement No. 2024-
026,2024-031 and 2024-036 )on 1 June 2024 and 19 June 2024. .
4. In view of the expiration of the term of the 10th Board of Supervisors of the Company, according to relevant
regulations, the Board of Supervisors of the Company needs to be re-elected. It was agreed that the 11th Board of
4
Changhong Meiling Co., Ltd. Summary of Semi-Annual Report 2024
Supervisors of the Company should have 3 supervisors, including 2 shareholder representative supervisors and 1
employee supervisor. According to the resolution of the 32nd meeting of the 10th Board of Supervisors and the First
Extraordinary General Meeting of Shareholders in 2024, it was agreed to appoint Mr. Qiu Jin and Mr. Ma Yu as the
shareholder representative supervisors of the 11th Board of Supervisors; After voting at the second meeting of the
Ninth Workers' Congress, it was agreed to elect Ms. Ji Ge as the employee supervisor of the 11th Board of
Supervisors.Found more on appointed media “Securities Times”, “China Securities Journal” and Juchao Website
(www.cninfo.com.cn) that the Company disclosed in the form of announcement (Announcement No. 2024-
027,2024-032, 2024-036 and 2024-037)on 1 June 2024 and 19 June 2024. .
Changhong Meiling Co., Ltd.
Chairman：Wu Dinggang
August 17,2024
5
