Infund Holding Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	28.78	41.33	402.28	146.4	222.04	24.76
Trading Asset Securities	259.09	158.42	6.63	471.17	447.65	43.55
Cash & Short-Term Investments	287.88	199.75	408.92	617.57	669.69	68.3
Cash Growth	102.86%	-51.15%	-33.79%	-7.78%	880.45%	-75.43%
Accounts Receivable	533.03	587.52	407.66	32.58	23.26	337.69
Other Receivables	3.67	2.04	4.89	1.69	4.08	9.04
Receivables	536.7	589.57	412.55	34.26	27.33	346.73
Inventory	103.05	66.49	138.62	24.27	30.37	194.64
Prepaid Expenses	-	-	-	-	-	0
Other Current Assets	15.8	8.29	101.78	67.25	34.24	83.26
Total Current Assets	943.42	864.09	1,062	743.36	761.63	692.93
Property, Plant & Equipment	121.96	134.95	191.91	178.9	208.91	348.49
Long-Term Investments	134.14	133.67	143.11	142.2	146.94	85.39
Goodwill	-	-	-	76.34	138.87	139.1
Other Intangible Assets	21.54	23.17	26.05	29.3	24.23	68.53
Long-Term Accounts Receivable	-	-	-	-	-	5.99
Long-Term Deferred Tax Assets	35.66	38.57	40.89	14.78	11.84	12
Long-Term Deferred Charges	10.14	8.94	6.59	7.24	9.42	29.9
Other Long-Term Assets	-	-	0.4	0.47	42.16	12.63
Total Assets	1,267	1,203	1,471	1,193	1,344	1,395

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	111.29	88.52	417.93	21.24	19.73	89.27
Accrued Expenses	13.33	14.1	10.35	5.94	12.91	33.2
Short-Term Debt	4	18	11.01	4.38	-	21.22
Current Portion of Leases	20.21	19.64	20.93	-	5.89	28.44
Current Income Taxes Payable	9.31	0.82	0	0	0.19	3.95
Current Unearned Revenue	13.48	4.66	12.91	9.81	10.84	4.61
Other Current Liabilities	196.03	178.12	60.3	34.53	48.69	298.17
Total Current Liabilities	367.67	323.86	533.44	75.89	98.24	478.86
Long-Term Leases	11.65	20.86	36.06	-	8.83	3.91
Long-Term Unearned Revenue	1.93	2.13	2.52	2.91	3.3	14.31
Long-Term Deferred Tax Liabilities	15.78	18.04	23.8	12.62	14.73	19.97
Other Long-Term Liabilities	0.4	0.51	4	9.45	-	28.33
Total Liabilities	397.43	365.4	599.81	100.87	125.1	545.39

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	1,033	1,033	1,033	1,135	1,135	1,135
Additional Paid-In Capital	171.93	171.9	171.81	171.1	171.1	87.18
Retained Earnings	-353.02	-384.25	-399.99	-286.98	-166.87	-399.12
Treasury Stock	-30.02	-30.02	-1.35	-	-	-
Comprehensive Income & Other	2.34	10.71	16.89	12.31	7.14	-19.08
Total Common Equity	824.17	801.27	820.3	1,031	1,146	803.64
Minority Interest	45.26	36.73	50.71	60.64	72.87	45.94
Shareholders' Equity	869.43	838	871.01	1,092	1,219	849.57
Total Liabilities & Equity	1,267	1,203	1,471	1,193	1,344	1,395

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	35.86	58.5	68	4.38	14.72	53.57
Net Cash (Debt)	252.02	141.25	340.92	613.2	654.97	14.74
Net Cash Growth	252.76%	-58.57%	-44.40%	-6.38%	4344.82%	-92.11%
Net Cash Per Share	0.25	0.14	0.32	0.54	0.58	0.01
Filing Date Shares Outstanding	1,019	1,019	1,032	1,135	1,135	1,135
Total Common Shares Outstanding	1,019	1,019	1,032	1,135	1,135	1,135
Working Capital	575.75	540.24	528.42	667.47	663.39	214.07
Book Value Per Share	0.81	0.79	0.80	0.91	1.01	0.71
Tangible Book Value	802.63	778.1	794.25	925.45	982.92	596.01
Tangible Book Value Per Share	0.79	0.76	0.77	0.82	0.87	0.53
Buildings	51.66	51.66	51.45	51.45	51.84	61.34
Machinery	234.81	233.93	257.59	286.15	283.1	521.61
Construction In Progress	0.07	0.31	0.02	-	-	86.5