[Name] Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	368.97	436	545.52	311.43	424.24
Trading Asset Securities	-	-	251.95	640.46	757.73
Cash & Short-Term Investments	368.97	436	797.47	951.89	1,182
Cash Growth	-15.37%	-45.33%	-16.22%	-19.46%	-19.86%
Accounts Receivable	1,565	1,293	1,254	1,081	977.32
Other Receivables	16.83	14.4	18.07	9.87	9.32
Receivables	1,582	1,307	1,272	1,091	986.63
Inventory	1,275	1,118	920.82	775.43	751.35
Prepaid Expenses	0.24	0.99	0.27	0.17	0.68
Other Current Assets	44.95	44.81	58.03	26.48	29.23
Total Current Assets	3,270	2,906	3,048	2,844	2,950
Property, Plant & Equipment	911.83	933.93	916.5	695.93	697.27
Long-Term Investments	110.41	97.98	95.09	95.25	104.79
Goodwill	440.67	447.54	447.54	466.65	466.65
Other Intangible Assets	157.27	167.68	175.17	139.74	147.76
Long-Term Deferred Tax Assets	134.51	137.02	136.98	123.93	78.4
Long-Term Deferred Charges	29.04	24.79	27.53	2.99	2.32
Other Long-Term Assets	41.34	39.33	10.46	82.21	96.86
Total Assets	5,096	4,755	4,858	4,451	4,544

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	768.73	591.86	467.39	448.36	454.06
Accrued Expenses	80.03	86.28	71.81	57.62	45.57
Short-Term Debt	901.31	801.13	970.51	912.05	702.73
Current Portion of Long-Term Debt	243.04	85.05	85.32	40.11	216.68
Current Portion of Leases	18.52	21.5	19.5	7.4	4.34
Current Income Taxes Payable	19	17.24	15.4	19.58	14.06
Current Unearned Revenue	27.63	39.06	21.84	10.87	15.33
Other Current Liabilities	6.94	5.09	38.6	127.95	136.08
Total Current Liabilities	2,065	1,647	1,690	1,624	1,589
Long-Term Debt	221.32	296.42	270.25	233.75	150
Long-Term Leases	34.66	55.52	74.73	21.63	18.13
Long-Term Unearned Revenue	32.97	32.78	40.64	39.32	31.66
Long-Term Deferred Tax Liabilities	3.18	4.16	11.55	10.34	6.42
Other Long-Term Liabilities	13.64	12.1	9.99	10.29	129.41
Total Liabilities	2,371	2,048	2,098	1,939	1,924

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	392.89	392.89	392.89	392.89	392.89
Additional Paid-In Capital	1,592	1,592	1,613	1,626	1,626
Retained Earnings	716.09	708.61	731.75	475.31	588.86
Comprehensive Income & Other	17.06	6.44	5.1	4.2	-0.04
Total Common Equity	2,718	2,700	2,743	2,498	2,607
Minority Interest	6.51	6.51	17.25	13.97	12.23
Shareholders' Equity	2,725	2,706	2,760	2,512	2,619
Total Liabilities & Equity	5,096	4,755	4,858	4,451	4,544

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	1,419	1,260	1,420	1,215	1,092
Net Cash (Debt)	-1,050	-823.62	-622.84	-263.06	90.08
Net Cash Growth	-	-	-	-	-81.52%
Net Cash Per Share	-2.69	-2.08	-1.58	-0.67	0.23
Filing Date Shares Outstanding	392.89	392.89	392.89	392.89	392.89
Total Common Shares Outstanding	392.89	392.89	392.89	392.89	392.89
Working Capital	1,205	1,259	1,358	1,221	1,361
Book Value Per Share	6.92	6.87	6.98	6.36	6.64
Tangible Book Value	2,120	2,085	2,120	1,892	1,993
Tangible Book Value Per Share	5.40	5.31	5.40	4.81	5.07
Buildings	-	-	806.51	403.32	403.13
Machinery	681.6	636.56	614.74	550.95	531.62
Construction In Progress	77.98	120.61	26.14	244.74	211.25