Stock code: 688041 Stock abbreviation: Haiguang Information

Haiguang Information Technology Co., Ltd

Q3 2024 Report

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or material omission in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

The Board of Directors, the Board of Supervisors, the directors, supervisors and senior management of the Company guarantee that the contents of the quarterly report are true, accurate and complete, and that there are no false records, misleading statements or material omissions, and bear individual and joint legal liability.

The person in charge of the company, the person in charge of accounting and the person in charge of the accounting institution (accounting supervisor) shall ensure the truthfulness, accuracy and completeness of the financial information in the quarterly report.

Whether the third quarter financial statements are audited

□ Yes √ No

1. Key financial data

(i) Key accounting data and financial indicators

Unit: Yuan Currency: RMB

This reporting period is earlier than the beginning of the year

Item Current reporting period Year-on-year increase Year-on-year increase Year-end to end-of-reporting period Year-on-year comparison

Decrease the range of change in the same period

(%) Amplitude of movement (%)

Operating income 2,373,626,390.69 78.33 6,136,539,009.22 55.64

Attributable to shareholders of listed companies 672,322,399.64 199.90 1,525,718,345.30 69.22

net profit

attributable to shareholders of listed companies

Deduction of non-recurring gains and losses 657,262,358.95 205.85 1,474,892,762.63 76.87

net profit

Cash from operating activities N/A N/A 398,575,116.39 -56.77

Net traffic

Basic earnings per share (RMB/share) 0.29 190.00 0.66 69.23

Diluted earnings per share (RMB/share) 0.29 190.00 0.66 69.23

Weighted average return on equity was 3.54 up 2.29 7.88 up 2.75

Rate (%) Percentage point Percentage point

Total R&D investment 795,620,685.90 8.91 2,167,587,081.53 10.56

R&D investment accounted for 33.52 of operating income, a decrease of 21.36 and 35.32, a decrease of 14.40

Percentage (%) percentage points

At the end of the reporting period

The end of the reporting period was the end of the previous year and the end of the previous year

Change in increment or decrease

Degree (%)

Total assets 27,060,917,607.86 22,902,547,952.79 18.16

Attributable to shareholders of listed companies 19,823,705,417.70 18,705,083,962.67 5.98

Owner's interest

Note: "The reporting period" refers to the period from the beginning of the quarter to the end of the quarter for 3 months, the same below.

(ii) Items and amounts of non-recurring gains and losses

√ Applicable □ Not applicable

Unit: Yuan Currency: RMB

Non-recurring profit and loss items Amount for the period From the beginning of the year to the reporting period Description

The last amount

Gains and losses on disposal of illiquid assets, including provisions for impairment of assets

of the reversal part

Government subsidies included in the current profit and loss, but with the company's normal business

14,852,659.87 54,319,967.34 in accordance with the established standards

There are exceptions to government subsidies that have a sustained impact on the company's profit or loss

Except for effective hedging business related to the company's normal business operations

In addition, non-financial enterprises held financial assets and financial liabilities 3,393,422.80 4,912,814.83

gains or losses on changes in allowable value and disposal of financial assets and financial liabilities

Profit and loss of life

Capital occupation fees charged to non-financial enterprises through profit or loss for the current period

Profit or loss on entrusting others to invest or manage assets

Profit or loss from external entrusted loans

All kinds of resources arising from force majeure factors, such as natural disasters

Loss of production

Reversal of impairment charges for receivables that are tested separately for impairment

The cost of investment in subsidiaries, associates and joint ventures

Less than the identifiable net assets of the investee at the time of obtaining the investment

Gain from fair value

Subsidiaries arising from a business combination under the same control from the beginning to the date of the merger

's net profit or loss for the period

Gains or losses on the exchange of non-monetary assets

Debt restructuring gains and losses

A one-time fee incurred by the enterprise due to the cessation of the relevant business activities

use, such as the expenditure of resettlement employees, etc

Profit or loss for the current period due to the adjustment of laws and regulations such as taxation and accounting

one-time effects

The one-time recognition of share-based payment due to the cancellation or modification of the equity incentive plan

expenses

For cash-settled share-based payments, after the vesting date, they are payable

Gains or losses arising from changes in the fair value of employee compensation

Investment real estate that is subsequently measured using the fair value model

Gains or losses arising from changes in fair value

Proceeds from transactions where the price of the transaction is clearly unfair

Profit or loss arising from contingencies unrelated to the normal operation of the company

Custody fee income obtained from entrusted operations

Other non-operating income and expenses other than the above items -390,300.24 -381,276.38

Other profit and loss items that meet the definition of non-recurring profit or loss 4,165,645.17

Less: Income tax impact 476,362.28 1,100,803.36

Impact of minority shareholders' interests (after tax) 2,319,379.46 11,090,764.93

Total 15,060,040.69 50,825,582.67

The reasons should be explained for the company to identify the items not listed in the Explanatory Announcement No. 1 on Information Disclosure of Companies Offering Securities to the Public as non-recurring profit and loss items and the amount is significant, and the non-recurring profit and loss items listed in the Explanatory Announcement on Information Disclosure of Companies Offering Securities to the Public No. 1 - Extraordinary Profit and Loss as recurring profit and loss, the reasons should be explained.

□ Applicable √ Not applicable

(3) The circumstances and reasons for changes in the main accounting data and financial indicators

√ Applicable □ Not applicable

Project Name Percentage of Change Main Reason

（%）

Operating income - 55.64 from the beginning of the year to the end of the reporting period

Net profit attributable to shareholders of the listed company - year-to-date to report 69.22

Final

The company attributable to shareholders of listed companies after deducting non-recurring gains and losses continues to increase investment in technology research and development.

Net profit from the beginning of the year to the end of the reporting period 76.87 Product competitiveness maintained a leading position in the market

Basic earnings per share (RMB/share) - 69.23 from the beginning of the year to the end of the reporting period, driven by increasing demand

Rapid growth in business income. Costs and expenses increase

Diluted earnings per share (RMB/share) - 69.23 from the beginning of the year to the end of the reporting period was less than the increase in operating income

Operating income - 78.33 net profit of the parent company, basic earnings per share, dilute for the reporting period

Earnings per share increased. At the same time, the company

Net profit attributable to shareholders of the listed company - 199.90 in the reporting period Continuously optimize product costs and achieve reporting

The period attributable to shareholders of listed companies after deducting non-recurring gains and losses increased significantly.

Net profit - 205.85 for the reporting period

Basic earnings per share (RMB/share) - 190.00 for the reporting period

Diluted earnings per share (RMB/share) - 190.00 for the reporting period

Net cash flow from operating activities - year-to-report The company's business grew rapidly, and the company stocked and disbursed

-56.77 at the end of the period to pay various taxes and fees increased, etc., resulting in the economy

Net cash flow from operating activities decreased significantly.

Ratio of R&D investment to operating income (%)-year-to-report decrease of 14.40 From the beginning of the year to the end of the reporting period, R&D investment was the same

At the end of the period, the percentage point increased by 10.56%, and the operating income was the same

55.64% year-on-year increase; During the reporting period, the research institute

Development investment increased by 8.91% year-on-year, and the business was opened

Revenue increased by 78.33% year-on-year. Business

R&D investment as a percentage of operating income (%)-21.36 decrease in the reporting period The increase in revenue is larger, which makes R&D investment

Percentage points as a percentage of operating income decreased.

2. Shareholder information

(1) The total number of ordinary shareholders and the number of preferred shareholders whose voting rights have been restored, and the shareholding status of the top 10 shareholders

Unit: shares

Total number of ordinary shareholders at the end of the reporting period 44,653 Preferential reinstatement of voting rights at the end of the reporting period Not applicable

Total number of first-class shareholders (if any)

Shareholdings of the top 10 shareholders (excluding shares lent through refinancing)

Pledge, target

Holdings, holdings, limited sales, including refinancing, recording or freezing

Name of shareholder Nature of shareholder Number of shares held Proportion Number of conditional shares Circumstances of shares lent

(%) Quantity Number of restricted shares Number of shares

Quantity Status Quantity

Shuguang Information Industry Co., Ltd. State-owned legal person 649,900,000 27.96 649,900,000 649,900,000 N/A 0

Ltd

Tianjin Haifu Tianding Technology is not a country in China

Partnership (Limited Partnership 251,194,546 10.81 251,194,546 251,194,546 N/A 0

Gang)

Chengdu Industrial Investment Group State-owned legal person 167,600,000 7.21 167,600,000 167,600,000 None 0

Ltd

Chengdu Blue Ocean Light Boat Enterprise is non-national in China

Management Partnership (Yes Legal Persons 141,486,364 6.09 141,486,364 141,486,364 N/A 0

Partnership Only)

Chengdu High-tech Investment Group State-owned legal person 137,600,000 5.92 137,600,000 137,600,000 None 0

Ltd

Chengdu High-tech Jitri Technology State-owned legal person 90,000,000 3.87 90,000,000 90,000,000 None 0

Ltd

China Merchants Bank Co., Ltd

Company-China Shanghai Securities Branch

50 Component Trading Other 72,097,249 3.10 0 0 None 0

Open-ended index securities investment

funds

Li Jinyang Nature 65,732,946 2.83 0 0 N/A 0

person

Hong Kong Securities Clearing Company Limited Other 53,386,598 2.30 0 0 N/A 0

firm

Industrial and Commercial Bank of China shares

Co., Ltd. - E Fund

SSE STAR Market 50 Components Others 43,731,357 1.88 0 0 None 0

ETFs

Securities investment funds

Shareholdings of the top 10 unrestricted shareholders (excluding shares lent through refinancing)

Name of Shareholder Holding Unrestricted Conditions Type and number of shares

Number of shares outstanding Types of shares Number of shares

China Merchants Bank Co., Ltd.-ChinaAMC SSE STAR Market 50 72,097,249 RMB ordinary shares 72,097,249

Component exchange-traded securities investment fund

Li Jinyang 65,732,946 RMB ordinary shares 65,732,946

Hong Kong Securities Clearing Company Limited 53,386,598 RMB ordinary shares 53,386,598

Industrial and Commercial Bank of China Co., Ltd.-E Fund SSE 43,731,357 RMB ordinary shares 43,731,357

Chuang Board 50 Component Exchange-traded Securities Investment Fund

Tianjin Haiguang Haihe Special Fund Partnership (Limited Shares 21,865,807 RMB ordinary shares 21,865,807

Gang)

Chinese Academy of Sciences Holdings Limited 21,464,817 RMB ordinary shares 21,464,817

China Construction Bank Corporation - Huaxia Guozheng Semiconductors 21,256,956 RMB ordinary shares 21,256,956

Chip-based exchange-traded open-ended index securities investment fund

Shanghai Chaos Investment (Group) Co., Ltd. 19,195,768 RMB ordinary shares 19,195,768

ICBC-SSE 50 ETF 18,762,546 RMB ordinary shares 18,762,546

Bond investment funds

Industrial and Commercial Bank of China Co., Ltd. - Huatai Pinebridge CSI 18,231,108 RMB ordinary shares 18,231,108

300 ETF ETF

Chengdu Industrial Investment Group Co., Ltd., Chengdu High-tech Investment Group

Description of the above-mentioned shareholder affiliation or concerted action Group Co., Ltd. and Chengdu High-tech Jitri Technology Co., Ltd. are one

To the perpetrators. In addition to the above, the company does not know other shareholders

Whether there is an association or concerted action.

Participation of the top 10 shareholders and the top 10 unrestricted shareholders in the financing is not applicable

Explanation of securities lending and refinancing business (if any)

Shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 shareholders of unrestricted tradable shares participate in the lending of shares in the refinancing business

√ Applicable □ Not applicable

Unit: shares

Shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 shareholders of unrestricted tradable shares participate in the lending of shares in the refinancing business

Ordinary account at the beginning of the period, refinancing and lending shares at the beginning of the credit period, ordinary account at the end of the period, and refinancing at the end of the credit period

Name of Shareholder Account Shares and Not Returned Account Shares Borrowed Shares and Not Yet

(Full name) restitution

Total Quantity Proportional Quantity Total Proportional Quantity Total Proportion Quantity Proportion

(%) (%) (%) Total (%)

China Merchants Bank

Limited shares

Company - Hua

Xia Shang Zheng Branch

50 into 71,403,840 3.07 6,665,200 0.29 72,097,249 3.10 0 0.00

Transactional type

Open-ended fingers

number of securities investment

funds

China Industry and Commerce

Bank shares

Ltd

- E Fund

SSE Science and Technology Innovation 22,061,030 0.95 4,355,400 0.19 43,731,357 1.88 0 0.00

Plates 50 ingredients

Transactional open

Exponential Index

Securities investment

funds

China Construction

Bank shares

Ltd

- Huaxia Kingdom

CSI 22,643,513 0.97 13,300 0.00 21,256,956 0.91 0 0.00

Chip trading

type open-ended

Index securities

investment fund

China Industry and Commerce

Banks - on

CS50 trading 11,335,373 0.49 72,600 0.00 18,762,546 0.81 0 0.00

type open-ended

Index securities

investment fund

The top 10 shareholders and the top 10 shareholders of unrestricted tradable shares have changed compared to the previous period due to the refinancing loan/repayment

□ Applicable √ Not applicable

3. Other reminders

Other important information about the company's operations in the reporting period that investors need to be reminded of

□ Applicable √ Not applicable

Quarterly financial statements

(i) Type of audit opinion

□ Applicable √ Not applicable

(ii) Financial statements

Consolidated balance sheet

September 30, 2024

Preparation unit: Haiguang Information Technology Co., Ltd

Unit: Yuan Currency: RMB Audit Type: Unaudited

Project September 30, 2024 December 31, 2023

Liquid asset:

Monetary funds 9,037,984,054.93 10,321,487,491.79

Settlement Provisions

Lending funds

Tradable financial assets

Derivative financial assets

Notes receivable

Accounts receivable 1,003,937,126.33 1,490,810,565.69

Receivables financing 451,000.00 32,892,681.05

Prepayment 2,212,998,046.10 2,388,351,333.53

Premiums receivable

Reinsurance receivables

Reserve for reinsurance contracts receivable

Other receivables 26,135,787.40 17,386,200.97

Where: interest receivable

Dividends receivable

Buy and sell back financial assets

Inventories 3,895,896,902.67 1,074,129,712.66

Where: data resources

Contract Assets

Assets held for sale

Non-current assets due within one year 50,700,000.00 50,700,000.00

Other current assets 352,465,168.25 56,460,787.50

Total current assets 16,580,568,085.68 15,432,218,773.19

Non-current assets:

Loans and advances are issued

Debt investment

Other debt investments

Long-term receivables

Long-term equity investment

Investment in other equity instruments 20,000,000.00 20,000,000.00

Other non-current financial assets

Investment real estate

Fixed assets 412,996,101.01 347,362,017.23

Construction in progress

Productive biological assets

Oil and gas assets

Right-of-use assets 103,633,864.36 52,751,365.63

Intangible assets 4,430,592,757.40 4,443,421,263.52

Where: data resources

Development expenditure 78,163,521.69 468,990,475.04

Where: data resources

goodwill

Long-term amortized expenses 110,909,564.52 47,907,406.33

Deferred tax assets 15,380,143.05 14,635,186.74

Other non-current assets 5,308,673,570.15 2,075,261,465.11

Total non-current assets 10,480,349,522.18 7,470,329,179.60

Total assets 27,060,917,607.86 22,902,547,952.79

Current Liabilities:

Short-term borrowings 2,200,000,000.00 350,000,000.00

Borrowing from the Central Bank

Split funds

Transactional financial liabilities

Derivative financial liabilities

Notes payable

Accounts payable 649,004,552.77 321,777,838.41

Advance Receipts

Contract liabilities 15,000,000.00 2,849,056.60

Proceeds from the sale and repurchase of financial assets

Absorption of deposits and interbank deposits

Acting as an agent for the purchase and sale of securities

Acting as an agent for underwriting securities

Employee remuneration payable 530,185,919.78 506,116,243.10

Taxes payable 49,914,698.79 156,247,323.06

Other accounts payable 3,377,610.31 12,520,648.46

Where: Interest payable

Dividends payable

Fees and commissions payable

Reinsurance payable

Liabilities held for sale

Non-current liabilities due within one year 25,865,433.86 44,869,674.47

Other current liabilities 900,000.00 170,943.40

Total current liabilities 3,474,248,215.51 1,394,551,727.50

Non-current liabilities:

Reserve for insurance contracts

Long-term borrowings 998,600,000.00 858,900,000.00

Bonds payable

Among them: preferred shares

Perpetual bonds

Lease liabilities 76,607,331.24 30,967,404.31

Long-term payables

Long-term payable employee compensation

Projected liabilities 25,573,378.08 19,926,264.35

Deferred income 466,045,610.78 278,082,167.69

Deferred tax liabilities

Other non-current liabilities

Total non-current liabilities 1,566,826,320.10 1,187,875,836.35

Total liabilities 5,041,074,535.61 2,582,427,563.85

Owner's Equity (or Shareholders' Equity):

Paid-up capital (or share capital) 2,324,338,091.00 2,324,338,091.00

Other Equity Instruments

Among them: preferred shares

Perpetual bonds

Capital reserve 14,501,874,249.98 14,350,970,597.36

Less: Treasury shares 332,389,012.84 30,012,990.59

Other comprehensive income

Special reserves

Surplus reserve 52,814,181.48 52,814,181.48

General Risk Provisions

Undistributed profit 3,277,067,908.08 2,006,974,083.42

Equity attributable to owners of the parent company (or shareholders' rights 19,823,705,417.70 18,705,083,962.67

benefit) total

Minority interests 2,196,137,654.55 1,615,036,426.27

Total owners' equity (or shareholders' equity) 22,019,843,072.25 20,320,120,388.94

Liabilities and owners' equity (or shareholders' rights 27,060,917,607.86 22,902,547,952.79

benefit) total

The person in charge of the company: Sha Chaoqun The person in charge of accounting: Xu Wenchao The person in charge of the accounting institution: Guo Miaotao

Consolidated income statement

January-September 2024

Preparation unit: Haiguang Information Technology Co., Ltd

Unit: Yuan Currency: RMB Audit Type: Unaudited

Project Q3 2024 Q3 2023

(January-September) (January-September)

1. Total operating income 6,136,539,009.22 3,942,722,953.12

Among them: operating income 6,136,539,009.22 3,942,722,953.12

Interest income

Premiums earned

Fee and commission income

2. Total operating costs 4,078,581,439.52 2,836,454,944.00

Among them: operating costs 2,108,893,578.41 1,552,445,813.72

Interest expense

Handling fees and commission expenses

Surrender Benefit

Net payout expense

Draw down the net amount of insurance liability reserves

Policy dividend payouts

Reinsurance costs

Taxes and surcharges 66,300,175.20 36,648,308.91

Selling expenses 120,365,099.76 64,957,049.03

Administrative expenses 102,069,632.08 100,949,396.57

R&D expenses 1,813,786,385.94 1,278,933,410.52

Financial expenses -132,833,431.87 -197,479,034.75

Including: interest expense 22,962,201.59 28,533,820.27

Interest income 170,663,675.49 228,438,459.01

Add: Other income 122,096,594.25 92,523,957.89

Investment income (loss is 4,912,814.83 with a "-" sign

columns)

Among them: for associates and joint ventures

Investment income

Gold financing at amortized cost

Proceeds are recognized at the end of production

Exchange gains (losses are marked with "-".)

columns)

Net exposure hedging gain (loss is deprecated by "-"

number)

Fair value change gain (loss in the form of 3,445,333.33.)

"-" sign)

Credit impairment loss (loss is marked with "-" 3,832,385.92 -694,864.85

Fill in the columns)

Asset impairment loss (loss is marked by "-" -29,943,475.26 73,642.24

Fill in the columns)

Gains on disposal of assets (losses are marked with "-".)

Fill in the columns)

3. Operating profit (loss is listed with "-") 2,158,855,889.44 1,201,616,077.73

Add: Non-operating income 304,182.01 787,693.68

Less: Non-operating expenses 597,332.09 418,259.49

4. Total profit (total loss is filled in with "-" 2,158,562,739.36 1,201,985,511.92

columns)

Less: Income tax expense 51,743,165.78 -14,577,507.97

5. Net profit (net loss is listed with "-") 2,106,819,573.58 1,216,563,019.89

(1) Classification according to business continuity

1. Net profit from continuing operations (net loss is measured in "-" 2,106,819,573.58 1,216,563,019.89

number)

2. Net profit from discontinued operations (net loss is denoted by "-"

number)

(2) Classification according to ownership ownership

1. Net profit attributable to shareholders of the parent company 1,525,718,345.30 901,634,547.05

(Net loss is indicated with a "-" sign)

2. Minority shareholders' profit and loss (net loss is 581,101,228.28 314,928,472.84 with "-" number

Fill in the columns)

6. Net after-tax of other comprehensive income

(1) Other comprehensive assets attributable to the owners of the parent company

Net amount after tax on gains

1. Other comprehensive income that cannot be reclassified into profit or loss

benefit

(1) Re-measurement of changes in defined benefit plans

forehead

(2) Other items that cannot be converted into profit or loss under the equity method

Comprehensive income

(3) Fair value of investments in other equity instruments

fluctuation

(4) The fair value of the enterprise's own credit risk

fluctuation

2. Other comprehensive income that will be reclassified into profit or loss

(1) Other comprehensive transferable gains and losses under the equity method

Earnings

(2) Changes in the fair value of other debt investments

(3) The reclassification of financial assets is included in other comprehensives

The amount of the combined income

(4) Other credit impairment provisions for debt investments

(5) Cash flow hedging reserves

(6) Differences in translation of foreign currency financial statements

(7) Miscellaneous

(2) Other comprehensive income attributable to minority shareholders

net after-tax of benefits

7. Total comprehensive income 2,106,819,573.58 1,216,563,019.89

(1) Comprehensive income attributable to owners of the parent company 1,525,718,345.30 901,634,547.05

Total benefit

(2) Total comprehensive income attributable to minority shareholders 581,101,228.28 314,928,472.84

forehead

8. Earnings per share:

(1) Basic earnings per share (RMB/share) 0.66 0.39

(2) Diluted earnings per share (RMB/share) 0.66 0.39

The person in charge of the company: Sha Chaoqun The person in charge of accounting: Xu Wenchao The person in charge of the accounting institution: Guo Miaotao

Consolidated Statement of Cash Flows

January-September 2024

Preparation unit: Haiguang Information Technology Co., Ltd

Unit: Yuan Currency: RMB Audit Type: Unaudited

Project Q3 2024 Q3 2023

(January-September) (January-September)

1. Cash flow from operating activities:

Cash received from the sale of goods and the provision of services 7,471,097,736.91 4,339,319,944.32

Net increase in customer deposits and interbank deposits

Net increase in borrowing from the central bank

Net increase in borrowing and lending to other financial institutions

Cash received from the premium of the original insurance contract

Net cash received from reinsurance business

Net increase in policyholders' savings and investments

Cash for interest, fees and commissions

Net increase in borrowed funds

Net increase in funds from repurchase operations

Net cash received from agents to buy or sell securities

Tax refunds received

Other cash received related to operating activities 526,611,545.89 357,362,167.85

Subtotal cash inflow from operating activities 7,997,709,282.80 4,696,682,112.17

Cash for goods and services 4,736,136,563.76 2,210,709,324.53

Net increase in customer loans and advances

Net increase in deposits with central banks and interbank funds

Cash payment of the original insurance contract indemnity

Net increase in funds withdrawn

Cash for interest, fees and commissions

Cash to pay policy dividends

Cash paid to and on behalf of employees 1,103,560,872.69 687,688,918.72

Taxes paid 758,760,345.99 353,945,493.96

Other cash paid related to operating activities 1,000,676,383.97 522,355,026.25

Subtotal cash outflow from operating activities 7,599,134,166.41 3,774,698,763.46

Net cash flow from operating activities 398,575,116.39 921,983,348.71

2. Cash flow from investment activities:

Cash received from the investment is recovered

Cash received from investment income 5,207,583.72 23,040,000.00

Disposal of fixed assets, intangible assets, and other long-term

Net cash recovered from assets

Disposal of cash received by subsidiaries and other business units

Net gold

Other cash received related to investing activities 2,696,000,000.00 200,000,000.00

Subtotal cash inflow from investing activities 2,701,207,583.72 223,040,000.00

Acquisition and construction of fixed assets, intangible assets and other long-term assets 733,180,255.01 734,435,102.97

Cash paid for assets

Cash paid for investment 20,000,000.00

Net increase in pledged loans

Cash paid by subsidiaries and other business units

Net gold

Other cash payments related to investing activities 5,747,527,777.78 1,090,000,000.00

Subtotal cash outflow from investing activities 6,480,708,032.79 1,844,435,102.97

Net cash flow from investing activities -3,779,500,449.07 -1,621,395,102.97

3. Cash flow from financing activities:

Absorb cash received from investments

Among them: the subsidiary absorbs minority shareholders' investment and receives

of cash

Cash received from borrowings 2,888,693,833.38 1,098,125,000.00

Other cash received in connection with fund-raising activities

Subtotal cash inflow from financing activities 2,888,693,833.38 1,098,125,000.00

Cash paid for debt repayment 930,300,000.00 551,200,000.00

Dividends, profits or interest payments 276,539,929.90 110,014,228.35

gold

Where: shares paid by subsidiaries to minority shareholders

profits, profits

Other cash payments related to financing activities 334,432,007.66 24,060,839.89

Subtotal cash outflow from financing activities 1,541,271,937.56 685,275,068.24

Net cash flow from financing activities 1,347,421,895.82 412,849,931.76

4. Effect of exchange rate changes on cash and cash equivalents

sound

5. Net increase in cash and cash equivalents -2,033,503,436.86 -286,561,822.50

Add: Opening cash and cash equivalents balance 10,221,487,491.79 11,207,910,325.69

6. Balance of cash and cash equivalents at the end of the period 8,187,984,054.93 10,921,348,503.19

The person in charge of the company: Sha Chaoqun The person in charge of accounting: Xu Wenchao The person in charge of the accounting institution: Guo Miaotao

The first implementation of new accounting standards or interpretations of standards from 2024 onwards involves adjustments to the financial statements at the beginning of the year in which they were first implemented

□ Applicable √ Not applicable

The announcement is hereby made.

Board of Directors of Haiguang Information Technology Co., Ltd

October 16, 2024