Financial Performance - The company's total revenue increased by 14.3% to RMB 38.54 billion [3, 50] - Profit attributable to equity shareholders increased by 14.5% to RMB 7.03 billion [6, 96] - The company's overall gross profit margin was 63.4%, a 0.7 percentage point decrease [54] - Free cash inflow amounted to RMB 7.55 billion [7] - The company declared an interim dividend per share of HK 137 cents, a 16.1% increase [71, 96] Brand Performance - ANTA brand revenue increased by 5.4% to RMB 16.95 billion [3, 52] - FILA brand revenue increased by 8.6% to RMB 14.18 billion [3, 52] - All other brands revenue increased significantly by 61.1% to RMB 7.41 billion [3, 52] E-commerce and Digitalization - E-commerce revenue increased by 17.6% year-over-year [35] - E-commerce contributed 34.8% to the Group's overall revenue, compared to 32.8% in the first half of 2024 [37] Market Review - Total Retail Sales of Consumer Goods increased by 5.0% from January to June 2025 [12] - The Consumer Confidence Index in June 2025 was 87.9 [12]

Financial Performance - The company's total revenue increased by 6.5% year-over-year to RMB 8.524 billion[13] - Core net profit grew by 15.0% year-over-year to RMB 2.011 billion[13] - The interim dividend per share increased by 89.6% year-over-year to RMB 0.529, and a special dividend of RMB 0.352 per share was declared[10, 28] Commercial Management Business - Revenue from the commercial management business increased by 14.6% year-over-year to RMB 3.267 billion[17] - Gross profit margin for the commercial management business increased by 5.2 percentage points year-over-year to 66.1%[17] - Retail sales of shopping malls grew by 21.1% year-over-year, reaching RMB 122.0 billion[10] Property Management Business - Revenue from the property management business increased by 1.1% year-over-year to RMB 5.157 billion[21] - Newly acquired contracted third-party areas totaled 14.32 million square meters, with urban space projects contributing 71.2%[10] - Customer satisfaction in property management reached 92.06 points, an increase of 0.3 points compared to the end of 2024[10, 82] Strategic Development - The total GFA under management reached 420 million square meters, an increase of 1.8% compared to the end of 2024[10, 70] - The number of commercial members exceeded 65 million, representing a 32% year-over-year increase[45]

Financial Performance - Revenue remained flat year-over-year at RMB6644 million[9,46] - Adjusted net profit decreased by 61% year-over-year to RMB1022 million, attributed to pricing decreases and marketing expenses[9,46] - Overseas sales increased by 40% year-over-year, reaching RMB1624 million, representing 244% of total sales[11,46] - R&D expenses reached RMB320 million, accounting for 47% of revenue[11] Business Segments - General medical device segment revenue was RMB3300 million, flat year-over-year, with a profit of RMB490 million, down by 171%[16] - Pharma packaging segment revenue was RMB1170 million, flat year-over-year, with a profit of RMB450 million, down by 58%[24] - Orthopaedics segment revenue was RMB730 million, slightly down by 16% year-over-year, but profit increased significantly by 743% to RMB150 million[27] - Blood management segment revenue increased by 81% year-over-year to RMB450 million, while profit decreased by 53% to RMB31 million[37] Strategic Initiatives - The company plans to maintain a dividend payout ratio at 50%[52] - Total production capacity for blood bags is expected to exceed 100 million units in 2025[37] - Auto injectors recorded strong sales in China, with H1 sales up by approximately 200%, accounting for approximately 3% of segment sales[24]

Financial Performance - Core profit reached RMB 3.22 billion, with domestic businesses contributing RMB 3.1 billion, a year-over-year increase of 0.7%[3] - Retail gas sales volume increased by 1.9% year-over-year to 12.95 billion m3[3] - Gross profit of the IE business increased by 2.1% year-over-year to RMB 1.09 billion[3] - Gross profit of the smart home business increased by 4.9% year-over-year to RMB 1.47 billion[3] - Revenue increased by 2.0% to RMB 55.673 billion[6] - Profit attributable to shareholders decreased by 5.6% to RMB 2.429 billion[6] Business Development - Newly installed designed daily capacity for C/I customers reached 6.29 million m3, and 692,000 residential household customers were newly developed[3] - Installed capacity of photovoltaic increased by 231% year-over-year to 324.5 MW[3] - Contracted value of intelligent products in the smart home business increased by 81% year-over-year to RMB 553 million[3] Strategic Initiatives - The company is focusing on customer needs and upgrading products and services to increase contributions from integrated energy and smart home businesses[5] - The company is actively promoting the integrated energy concept and accelerating PV and energy storage deployment[12] - The company is identifying customer needs in security services and creating an integrated model for value-added services in the smart home business[14] Dividend - The company declares an interim dividend of HK$0.65 per share[3]

Innovent Biologics 2025 Interim Results Advancing toward a New Era of Growth and Global Innovation August 2025 Agenda and Speakers | Business Review and Outlook | Dr. Michael Yu | Founder, Chairman of the Board, CEO | | --- | --- | --- | | R&D Highlight Updates | Dr. Hui Zhou Dr. Lei Qian | Chief R&D Officer, Oncology Chief R&D Officer, General Biomedicine | | Financials and Summary | Ms. Rachel You | Chief Financial Officer | | Q&A | Management Team | | Confidential Copyright© 2025 Innovent 2025H1: Continu ...

Financial Performance - The Group's revenue reached RMB 500.1 billion, a 1.0% year-over-year increase[11] - OPAT (Operating Profit After Tax) grew by 3.7% year-over-year to RMB 77.7 billion[13] - Shareholders' equity increased by 1.7% YTD (Year-to-Date) after dividend distribution, reaching RMB 944 billion[13] - Interim dividend per share (DPS) increased by 2.2% year-over-year to RMB 0.95[13] - NBV (New Business Value) for Life & Health (L&H) grew significantly by 39.8% year-over-year[15] Business Segments - P&C (Property & Casualty) premium income increased by 7.1% year-over-year to RMB 171.9 billion[15] - P&C insurance revenue grew by 2.3% year-over-year to RMB 165.7 billion[15] - The P&C Combined Operating Ratio (COR) improved by 2.6 percentage points year-over-year to 95.2%[15] - Bank net profit amounted to RMB 24.9 billion with a NPL ratio of 1.05%[16] Customer Engagement - Retail customers increased by 1.8% YTD to 247 million[13] - 26.6% of retail customers hold 4+ contracts, with a 97.8% retention rate[13] Investment - Unannualized comprehensive investment yield was 3.1%, up 0.3 percentage points year-over-year[16] - Insurance funds grew 8.2% YTD to RMB 6.2 trillion[25]

2025 Interim Results Investor Presentation August 2025 Contents 1. Results Highlights 5. ESG Development 2. Scale & Profitability Strengths 6. Outlook 3. Financial Stability Strengths 7. Appendices 4. Competitive Development Strengths Beijing | Corniche 1. Results Highlights 2025 Interim Results Highlights Sales remained among the top in the industry Contracted sales 120.15b Leading sales scale in first-tier cities Contracted sales in Hong Kong, Beijing, Shanghai, Guangzhou and Shenzhen 55.64b Leading marke ...

Interim Business Results - Operating revenue reached RMB 23.32 billion, a 4% year-over-year increase[11] - Profit from operations amounted to RMB 2.91 billion, an 8% year-over-year increase[11] - Total profit reached RMB 2.57 billion, a 7% year-over-year increase[11] - EBITDA reached RMB 6.48 billion, a 10% year-over-year increase[11] - Net profit reached RMB 2.08 billion, a 22% year-over-year increase[11] - EPS reached RMB 0.41, a 24% year-over-year increase[11] Business Segments - Drilling segment operating profit increased by RMB 0.31 billion year-over-year[16] - Technology segment maintained relatively high profitability[15] Operational Efficiency - Cost profit margin increased from 10% in 1H2024 to 11.2% in 1H2025[28] - Operating profit margin increased from 11.1% in 1H2024 to 12.4% in 1H2025[28] Overseas Operations - Overseas sales revenue and profitability have continued to grow[41]

Financial Performance - The company's underlying profit decreased by 1% year-over-year to HK$5,118 million[13, 15] - Net profit attributable to shareholders decreased by 8.7% year-over-year to HK$4,019 million[13, 15, 16] - Underlying earnings per share (EPS) decreased by 4.9% year-over-year to HK$0.58[13, 15] - Revenue decreased by 6.6% year-over-year to HK$8,183 million, mainly due to a HK$668 million reduction in property sales[15] - Net cash increased by HK$3,876 million year-over-year, reaching HK$49,461 million[13, 19] Segment Performance - Property sales profit contribution increased by 28.4% to HK$1,030 million, driven by an enhancement in segment gross profit margin[17] - Property rental profit contribution decreased by 4.4% to HK$2,799 million due to the full-year effect of the discontinuation of waiver fee concession[17] - Hotel operations profit contribution decreased by 2.5% to HK$475 million, impacted by downward pressure on room rates in Hong Kong and Singapore[17] Land Bank and Property Sales - The company has an attributable land bank of 18.9 million square feet as of June 30, 2025[22] - Property sales recognized in the financial year increased by 21.6% to HK$10,813 million, with a gross profit margin of 9.4%[37] - Total attributable contracted sales of over HK$4 billion have not yet been recognized[39] Property Rental and Investment Properties - Overall occupancy rate slightly decreased to 89.6%[53] - Revaluation loss on investment properties (net of deferred taxation) was HK$1,084 million[16, 65] - Total attributable value of investment properties increased by 0.9% to HK$89,137 million[65]

Financial Performance Highlights - The Group's insurance revenue reached RMB 280250 million, a 71% increase[101] - Net profit attributable to equity holders of the company increased by 140% to RMB 26671 million[19,101] - The Group's total investment yield (annualized) was 50%, up 09 percentage points[22,101] - Group consolidated net assets increased by 63% to RMB 3906 billion[20,41] Business Segment Performance - PICC P&C's insurance revenue grew by 56% to RMB 249040 million, with a combined ratio of 948%[57,101] - PICC Life's insurance revenue increased significantly by 325% to RMB 14018 million[68,101] - PICC Health saw a 132% rise in insurance revenue, reaching RMB 15603 million[74,101] Strategic Focus and Initiatives - The group premiums income increased by 64% to RMB 4546 billion[26] - Total insurance investment assets grew by 72% to RMB 17607 billion[32] - Business synergy generated RMB 16 billion in premiums income, an 89% increase[37] - The company is focused on strengthening core functions, promoting "Six Reforms," high-quality development, and risk prevention in the second half of 2025[90,91,92,93]