(incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） （Stock Code 股份代號：3339） 30 September 2025 Dear non-registered shareholder(s), Lonking Holdings Limited (the "Company") – Notice of Publication of Interim Report 2025 (the "Current Corporate Communications") and Arrangement of Electronic Dissemination of Corporate Communications The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.lonkinggroup.com and the HKE ...

Financial Performance - Revenue for the six months ended June 30, 2025, was RMB 5,596,064,000, representing a 4.40% increase from RMB 5,360,093,000 in the same period of 2024[5] - Operating profit increased by 20.75% to RMB 737,054,000 compared to RMB 610,402,000 in the previous year[5] - Net profit attributable to equity holders of the parent rose by 37.83% to RMB 631,728,000 from RMB 458,353,000[5] - Basic earnings per share increased by 36.36% to RMB 0.15, up from RMB 0.11[5] - The gross profit margin improved to 20.28%, up from 18.46% in the previous year, reflecting a 1.82% increase[5] - The net profit margin increased to 11.29%, compared to 8.55% in the same period last year, a rise of 2.74%[5] - Total comprehensive income for the period was RMB 625,482,000, compared to RMB 461,221,000 in the previous year, reflecting a strong performance[13] - The company reported a pre-tax profit of RMB 735,663 for the six months ended June 30, 2025, compared to RMB 591,053 for the same period in 2024, indicating a growth of 24.4%[30] - Net profit for the period was RMB 632 million, a 37.80% increase from RMB 458 million in the same period last year[68] Cash Flow and Liquidity - Operating cash flow before changes in working capital was RMB 683,675,000, up from RMB 548,734,000, marking a 24.5% increase[21] - The company reported a net cash flow from operating activities of RMB 579,683,000, compared to RMB 316,244,000, representing an increase of 83.2%[21] - The current ratio was 2.29, slightly down from 2.42, indicating a 5.37% decrease in liquidity[5] - Cash and bank balances increased significantly by RMB 2,736 million or 224.6% to approximately RMB 3,954 million, attributed to strong operational performance and effective cost management[78] Assets and Liabilities - As of June 30, 2025, total non-current assets increased to RMB 3,683,115,000 from RMB 3,011,628,000 in December 2024, representing a growth of 22.3%[15] - Current assets totaled RMB 12,833,296,000, up from RMB 12,463,367,000, indicating an increase of 2.96%[16] - Total current liabilities rose to RMB 5,613,552,000, compared to RMB 4,712,868,000, reflecting an increase of 19.1%[16] - The total liabilities for other payables and accrued liabilities rose to RMB 858,564 thousand as of June 30, 2025, up from RMB 801,633 thousand as of December 31, 2024, indicating a growth of about 7%[56] - The company’s total liabilities rose to RMB 5,700,350 as of June 30, 2025, compared to RMB 4,770,902 as of December 31, 2024, reflecting an increase of 19.5%[34] Sales and Market Performance - The sales of wheel loaders accounted for 41.2% of total sales, amounting to RMB 2,300,997, while forklift sales represented 33.6% with RMB 1,880,612[36] - Revenue from external customers in mainland China was RMB 3,962,590, an increase from RMB 3,892,804 in the previous year[33] - The loader business contributed the largest share to the company's revenue and profit, accounting for 41.12% of total sales, up from 40.31% in the same period last year[68] - Excavator sales grew by 59.58% year-on-year, with a sales share of 14.44%, an increase of 4.99 percentage points compared to 9.45% in the previous year[68] - The Northwest region saw a sales increase of 22.3%, with market share rising from 7.01% to 8.58%[69] - Export market performance was strong, growing by 11.3%, increasing its share of total revenue from 27.37% to 29.19%[69] Cost and Expenses - The cost of sold inventory rose to RMB 4,211,845,000 in 2025, up from RMB 3,794,684,000 in 2024, indicating an increase of 11%[40] - Financial costs decreased dramatically by 92.8% from RMB 19.35 million to RMB 1.39 million, enhancing profitability and financial flexibility[87] - R&D expenses increased by 8.4% to RMB 240.27 million, demonstrating the company's commitment to innovation and product development[89] Corporate Governance and Management - The company has adopted and complied with the corporate governance code as of June 30, 2025, with some deviations noted[91] - The board believes that the dual role of the chairman and CEO held by Mr. Li is appropriate for maintaining policy continuity and business stability[96] - The company has improved its internal control systems, enhancing supply chain management and inter-departmental oversight[100] - The company emphasizes effective communication as a core aspect of investor relations, having conducted over 25 investor meetings and calls in the first half of 2025[101] Shareholder Information - As of June 30, 2025, the company has a total of 2,400,299,088 shares outstanding, with the largest shareholder, Ni Yinying, holding 56.03% of the shares[104] - The company does not plan to distribute any interim dividends for the six months ending June 30, 2025, maintaining the previous year's dividend of 0 HKD per share[107] Social Responsibility and Future Outlook - The company is committed to enhancing shareholder value while providing high-quality products and services to customers[102] - The company has a strong commitment to social responsibility and community development[102] - The company anticipates that the Chinese economy will continue to develop steadily, supported by proactive macro policies, particularly benefiting the engineering machinery industry[90] - Significant government projects, such as the Yarlung Tsangpo River downstream hydropower project, are expected to positively impact market demand for engineering machinery[90]

Group 1 - The core viewpoint of the article highlights that China Longgong (03339) has seen a stock price increase of over 5%, currently at 3.05 HKD, with a trading volume of 95.34 million HKD [1] - According to the Engineering Machinery Industry Association, excavator sales (including exports) are projected to reach 16,523 units by August 2025, representing a year-on-year growth of 12.8% [1] - Domestic sales are expected to be 7,685 units, showing a year-on-year increase of 14.8%, while export sales are anticipated to be 8,838 units, reflecting an 11.1% year-on-year growth [1] Group 2 - Guoyuan Securities indicates that domestic leading enterprises maintain strong competitive advantages in both supply and demand sides, supporting a positive outlook for the engineering machinery industry [1] - In the first half of this year, China Longgong achieved revenue of 5.596 billion RMB, a year-on-year increase of 69.67%, and a net profit attributable to shareholders of 632 million RMB, up 37.83% year-on-year [1] - Everbright Securities believes that the company's performance meets expectations and is likely to benefit significantly from the recovery of the domestic engineering machinery industry and trends towards internationalization and electrification [1]

Group 1 - China Longgong (03339) shares rose over 5%, currently up 5.17% at HKD 3.05, with a trading volume of HKD 95.34 million [1] - According to the Engineering Machinery Industry Association, excavator sales (including exports) are projected to reach 16,523 units by August 2025, representing a year-on-year increase of 12.8% [1] - Domestic excavator sales are expected to be 7,685 units, up 14.8% year-on-year, while export sales are forecasted at 8,838 units, reflecting an 11.1% increase [1] Group 2 - Guoyuan Securities indicates that domestic leading enterprises maintain strong competitive advantages in both supply and demand sides, supporting a positive outlook for the engineering machinery industry [1] - In the first half of this year, China Longgong achieved revenue of RMB 5.596 billion, a year-on-year increase of 69.67%, and a net profit attributable to shareholders of RMB 632 million, up 37.83% year-on-year [1] - Everbright Securities believes that the company's performance meets expectations and is likely to benefit significantly from the recovery of the domestic engineering machinery industry and trends towards internationalization and electrification [1]

Group 1 - The core point of the article is that Ni Yinying increased his stake in China Longgong (03339) by acquiring 21.3 million shares at an average price of HKD 2.6951 per share, totaling approximately HKD 57.41 million [1] - After the acquisition, Ni Yinying's total shareholding in China Longgong reached approximately 2.42 billion shares, representing a 56.53% ownership stake [1] - The transaction involved other related parties, specifically Li Xinyan [1]

Group 1 - The core point of the article is that Ni Yinying increased his stake in China Longgong (03339) by acquiring 21.3 million shares at an average price of HKD 2.6951 per share, totaling approximately HKD 57.41 million [1] - After the acquisition, the total number of shares held by Ni Yinying is approximately 2.42 billion, representing a holding percentage of 56.53% [1] - The transaction also involves other related parties, specifically Li Xinyan [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03339 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 | HKD | | 0.1 | HKD | | 2,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 | HKD | | 0.1 | HKD | | 2,000,000,000 | 本月底法定/註冊股本總額： HKD 2,000,000,000 第 1 頁 共 10 頁 v 1.1.1 致：香港交易及結算所有限 ...

Core Viewpoint - China Longgong (03339) experienced a significant stock price increase of over 8%, with a current rise of 7.94% to HKD 2.99, and a trading volume of HKD 43.1991 million [1] Financial Performance - For the six months ending June 30, 2025, the company reported revenue of RMB 5.596 billion, representing a year-on-year increase of 69.67% [1] - Shareholders' profit attributable to the company was RMB 632 million, an increase of 37.83% compared to the previous year [1] - Basic earnings per share were reported at RMB 0.15 [1] Business Segment Contribution - The loader business, as the company's flagship product, continued to be the largest contributor to both revenue and profit, accounting for 41.12% of total sales, an increase of 0.81 percentage points from 40.31% in the same period of 2024 [1]

消息面上，中国龙工发布截至2025年6月30日止六个月的中期业绩，收益55.96亿元(人民币，下同)，同 比增加69.67%；股东应占溢利6.32亿元，同比增加37.83%；每股基本盈利0.15元。公告称，作为拳头产 品的装载机业务继续保持了集团营收和利润的最大贡献，其销售额占集团整体销售额比重为41.12%， 较2024年同期的40.31%上升了0.81个百分点。 智通财经APP获悉，中国龙工(03339)涨超8%，截至发稿，涨7.94%，报2.99港元，成交额4319.91万港 元。 ...

Group 1 - The company reported a revenue of 5.596 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 69.67% [1] - Shareholder profit reached 632 million RMB, an increase of 37.83% compared to the previous year, with basic earnings per share at 0.15 RMB [1] - The loader business remains the largest contributor to the company's revenue and profit, accounting for 41.12% of total sales, up from 40.31% in the same period of 2024 [1] Group 2 - The sales of excavators saw a significant year-on-year growth of 59.58%, with sales accounting for 14.44% of total sales, an increase of 4.99 percentage points from 9.45% in 2024 [1] - The company experienced varied regional performance, with the northwest region achieving a sales growth of 22.3%, increasing its market share from 7.01% to 8.58% [1] - The south region showed moderate growth of 3.6%, raising its market share to 9.57% [1] Group 3 - The wheeled loader segment remains the core business unit, with total revenue increasing by 6.5% to 2.301 billion RMB, driven by strong demand for high-end and mini wheeled loaders [2] - Revenue from the flagship model ZL50 slightly declined by 3.9% due to weak export sales, while the contribution from mini and ZL40 models significantly increased [2] - The gross margin for the wheeled loader segment improved to 20.6%, reflecting better product mix and cost control [2]