Stock code: 688208 Stock abbreviation: Taotong Technology

Shenzhen Daotong 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 962,408,113.13 29.72 2,804,152,959.79 28.07

154,719,364.85 99.61 541,283,483.10 103.08 attributable to shareholders of listed companies

Net profit

attributable to shareholders of listed companies

Net net of non-recurring gains and losses 154,383,593.92 97.37 443,599,285.35 65.67

profit

Cash flow from operating activities 111,621,227.38 279.68 456,762,947.99 178.62

Net amount

Basic earnings per share (RMB/share) 0.35 105.88 1.22 106.78

Diluted earnings per share (RMB/share) 0.34 112.50 1.18 114.55

Weighted average return on equity 4.26 increased by 2.03 16.40 increased by 8.35

(%) percentage points percentage points

Total R&D investment 144,598,106.77 -3.04 466,183,458.23 9.80

R&D investment accounted for 15.02 of operating income decreased by 5.08 16.62 decreased by 2.77

Proportion (%) percentage points 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 5,907,080,519.40 5,576,848,578.52 5.92

3,327,529,756.81 3,215,507,730.34 3.48 attributable to shareholders of listed companies

Owner's Equity

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 end of the reporting period Description

amount

Gains and losses on disposal of illiquid assets, including accrued -26,360.42 -286,332.84

The write-off portion of the provision for impairment of assets

Government subsidies included in the current profit and loss, but with the public

The normal business of the company is closely related to and in line with the country

697,787.09 4,556,589.72 according to the established criteria

Yes, the policy that has a continuous impact on the company's profit and loss

Except for government subsidies

Except in connection with the normal operation of the company's business

Except for hedging business, it is held by non-financial enterprises

Fair value of financial assets and financial liabilities 72,681.22 -5,604,850.71

gains and losses on changes in value, as well as disposals of financial assets and gold

Profit or loss arising from financing liabilities

Included in the current profit or loss is charged to non-financial enterprises

Occupancy fees

Profit or loss on entrusting others to invest or manage assets

Profit or loss from external entrusted loans

Due to force majeure factors, such as natural disasters

and the loss of various assets

Receivables tested separately for impairment were 1,127,516.26

Prepare to turn back

Enterprises acquire subsidiaries, associates and joint ventures

The investment cost of the enterprise is less than when the investment is obtained

Enjoy the fairness of the investee's identifiable net assets

Earnings generated by value

Subsidiaries resulting from a business combination under the same control

Net profit or loss for the period from the beginning to the date of consolidation

Gains or losses on the exchange of non-monetary assets

Debt restructuring gains and losses

The enterprise is caused by the cessation of the relevant business activities

One-time expenses for students, such as the payment of resettlement workers

out and so on

Due to the adjustment of laws and regulations such as taxation and accounting

One-time impact on profit or loss for the period

One-time cancellation or modification of the equity incentive plan

Confirmed share-based payment fees

For cash-settled share-based payments, where feasible

The fair value of the remuneration payable to the employee after the right date

Profit or loss due to changes in value

The fair value model is used for subsequent measurement

Resulting from changes in the fair value of investment real estate

Income

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

benefit

Contingencies unrelated to the normal operation of the company's business

Profit or loss arising from the item

Custody fee income obtained from entrusted operations

Other non-operating income in addition to the above items -365,622.75 -959,299.09

and expenditures

Disposal of the parent company in the current period

The equity of Saifang Technology is confirmed

Recognize investment income

Other gains and losses that meet the definition of non-recurring profit or loss 98,625,728.87 98,742,349.03

Item Yuan, the parent company for the current period

Share buybacks occur

Renewal - 116,620.16

Yuan.

Less: Income tax impact 25,972.12 -236,454.21

Impact of minority interests (after tax) 16,742.09 11,608.67

Total 335,770.93 97,684,197.75

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

Unit: Yuan Currency: RMB

The item involves the amount of money reason

The day of the company with the subsidiary Dotong Hesheng

VAT refund for software products 54,198,406.64 Frequently operated, recognized as a by

Recurring profit and loss

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

√ Applicable □ Not applicable

Project Name Percentage of Change (%) Main Reasons

Operating Income_29.72 in the reporting period Mainly related to the company's digital energy and Operating Income_ Year-to-Year Report 28.07 Revenue growth from digital maintenance business

End of period [Note 1]

99.61 attributable to shareholders of the listed company

Net Profit_Current Period

103.08 attributable to shareholders of the listed company

Net profit_From the beginning of the year to the end of the reporting period, it was mainly due to the continuous increase in operating income in the reporting period

The long period attributable to the shareholders of the listed company is reasonably and effectively controlled

Net 97.37 net of non-recurring gains and losses

Profit_Current Reporting Period

attributable to shareholders of listed companies

Net 65.67 net of non-recurring gains and losses

Profit_ from the beginning of the year to the end of the reporting period

Cash flow from operating activities 279.68 Mainly due to the continuous increase in operating income in the reporting period

Net volume_ Received from the sale of goods and the provision of services during the reporting period

Cash flow from operating activities 178.62 due to an increase in cash

Net volume_ from the beginning of the year to the end of the reporting period

Basic earnings per share - 105.88 for the reporting period

Basic earnings per share was reported at 106.78 year-to-date

At the end of the reporting period, it was mainly attributable to listed companies

Diluted earnings per share_112.50 Attributable to the increase in shareholders' net profit for the reporting period

Diluted earnings per share were reported at 114.55 year-to-date

Closing period

Note 1:

From January to September 2024, the company achieved operating income of 2.804 billion yuan, an increase of 28.07% over the same period last year. Among them, digital energy

The business revenue was 591 million yuan, an increase of 77.77% over the same period last year; The digital maintenance business (including automotive comprehensive diagnostic products, TPMS products, ADAS products, etc.) achieved revenue of 2.178 billion yuan, an increase of 20.11% over the same period last year.

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

At the end of the reporting period, the voting rights of ordinary shareholders at the end of the reporting period were restored

The total number of preferred shareholders of 13,700 is 0

(if any)

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

Contains refinancing, staking, and tokens

Shareholders hold shares held by limited loans or freezes

Name of Shareholder Nature Number of Shares Proportion Selling Conditions Restricted Shares

(%) Number of shares Number of shares

Number of shares, status, volume

domestic

Li Hongjing Nature 168,491,606 37.29 - - None -

person

domestic

Li Hong Nature 15,701,300 3.47 - - None -

person

Shenzhen Nanshan Hongtai Equity Investment in China

Fund Partnership (Limited Contract) 14,254,859 3.15 - - None -

There is a law

person

domestic

Dongtai Xianjia Enterprise Management Cooperation in Africa 7,350,000 1.63 - - None -

Partnership (Limited Partnership) has a law

person

Hong Kong Securities Clearing Company Limited Overseas 7,199,881 1.59 - - None -

juridical person

CUAM Fund Management Shares are:

Limited company - Social Security Fund Other 6,506,795 1.44 - - None -

17022 Combo

Dazi Lava Investment Management Co., Ltd

Company-Pingtan Lava New Strategy Other 6,003,188 1.33 - - None -

Equity Investment Partnership (Yes

Partnership Only)

Xuanyuan Private Equity Fund Investment Management

(Guangdong) Co., Ltd.-Xuan Other 5,273,700 1.17 - - None -

Yuanke Xin No. 46 Private Securities Investment

funds

Shanghai Nantu Asset Management Co., Ltd

Company-Fertile Soil No.1 Private Placement Warrant Others 3,945,829 0.87 - - None -

Bond investment funds

Shanghai Nantu Asset Management Co., Ltd

Company-Xingrui No.1 Private Placement Warrant Other 3,672,275 0.81 - - None -

Bond investment funds

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

Name of shareholder Number of unrestricted tradable shares held Type and number of shares

Volume Class of shares Number of shares

Li Hongjing 168,491,606 RMB ordinary shares 168,491,606

Li Hong 15,701,300 RMB ordinary shares 15,701,300

Shenzhen Nanshan Hongtai equity investment

Fund Partnership (Limited 14,254,859 RMB ordinary shares 14,254,859

Gang)

Dongtai Xianjia Enterprise manages 7,350,000 RMB ordinary shares and 7,350,000 ordinary shares

Partnership (Limited Partnership)

Hong Kong Securities Clearing Company Limited 7,199,881 RMB ordinary shares 7,199,881

CUAM Fund Management Shares are:

Limited Company - Social Security Fund 6,506,795 RMB ordinary shares 6,506,795

17022 Combo

Dazi Lava Investment Management Co., Ltd

Company-Pingtan Lava New Strategy 6,003,188 RMB ordinary shares 6,003,188

Equity Investment Partnership (Yes

Partnership Only)

Xuanyuan Private Equity Fund Investment Management

(Guangdong) Co., Ltd. - Xuan 5,273,700 RMB ordinary shares 5,273,700

Yuanke Xin No. 46 Private Securities Investment

funds

Shanghai Nantu Asset Management Co., Ltd

Company - Fertile Soil No.1 Private Placement 3,945,829 RMB Ordinary Shares 3,945,829

Bond investment funds

Shanghai Nantu Asset Management Co., Ltd

Company - Xingrui No.1 Private Placement Certificate 3,672,275 RMB ordinary shares 3,672,275

Bond investment funds

The above-mentioned shareholder affiliation or the Company does not know whether there is an affiliation or affiliation among the above-mentioned top 10 unrestricted shareholders

Statement to action Circumstances of persons acting in concert.

The top 10 shareholders and the top 10 shareholders Shanghai Nantu Asset Management Co., Ltd. - Fertile Land No. 1 Private Securities Investment Fund were approved

Unrestricted shareholders participate in financing and financing 0 shares in the ordinary securities account and 3,945,829 shares through the credit securities account; share

Securities and refinancing business said that East Shanghai Nantu Asset Management Co., Ltd. - Xingrui No. 1 Private Securities Investment Fund passed the general public

0 shares in the account and 3,672,275 shares in the securities account.

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

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

Prepared by: Shenzhen Daotong Technology Co., Ltd

Unit: Yuan Currency: RMB Audit Type: Unaudited

Project September 30, 2024 December 31, 2023

Liquid asset:

Monetary funds 1,520,037,382.11 1,491,130,655.84

Settlement Provisions

Lending funds

Tradable Financial Assets 40,000,000.00

Derivative financial assets

Notes receivable 4,513,674.98 5,583,852.00

Accounts receivable 730,190,035.49 705,187,726.27

Receivables financing

Prepayments 79,075,859.38 87,242,879.57

Premiums receivable

Reinsurance receivables

Reserve for reinsurance contracts receivable

Other receivables 89,622,633.47 71,120,922.90

Where: interest receivable

Dividends receivable

Buy and sell back financial assets

Inventories 1,310,087,332.10 1,118,538,058.00

Where: data resources

Contract Assets

Assets held for sale

Non-current assets that mature within one year

Other current assets 210,799,273.86 223,340,176.28

Total current assets 3,984,326,191.39 3,702,144,270.86

Non-current assets:

Loans and advances are issued

Debt investment

Other debt investments

Long-term receivables

Long-term equity investment 57,960,000.00

Investments in other equity instruments

Other non-current financial assets 13,480,962.16 23,605,977.77

Investment real estate

Fixed assets 1,231,386,396.64 1,236,185,857.05

Construction in progress 2,461,070.36 1,640,730.17

Productive biological assets

Oil and gas assets

Right-of-use assets 47,180,584.39 63,986,982.17

Intangible assets 142,714,750.82 132,771,318.31

Where: data resources

Development expenditure 39,475,622.61 47,793,893.50

Where: data resources

goodwill

Long-term amortized expenses 58,408,586.89 54,135,718.97

Deferred income tax assets 318,502,087.93 291,742,353.50

Other non-current assets 11,184,266.21 22,841,476.22

Total non-current assets 1,922,754,328.01 1,874,704,307.66

Total assets 5,907,080,519.40 5,576,848,578.52

Current Liabilities:

Short-term borrowing

Borrowing from the Central Bank

Split funds

Transactional financial liabilities

Derivative financial liabilities

Notes payable 223,268,924.95

Accounts payable 326,540,566.85 204,255,088.49

Advance receipts 952,225.26 977,035.28

Contract liabilities 294,557,907.72 312,155,667.15

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 compensation payable 136,404,575.51 154,154,034.70

Taxes payable 64,741,984.75 50,687,083.83

Other accounts payable 57,447,994.23 241,363,094.35

Where: Interest payable

Dividends payable

Fees and commissions payable

Reinsurance payable

Liabilities held for sale

Non-current liabilities due within one year 19,618,313.15 23,971,160.05

Other current liabilities 862,588.53 594,036.63

Total current liabilities 1,124,395,080.95 988,157,200.48

Non-current liabilities:

Reserve for insurance contracts

Long-term borrowing

Bonds payable 1,163,463,481.12 1,134,987,458.10

Among them: preferred shares

Perpetual bonds

Lease liabilities 31,694,385.22 43,287,160.21

Long-term payables

Long-term payable employee compensation

Estimated liabilities 50,145,444.23 48,677,391.09

Deferred income 4,398,641.11 5,118,200.51

Deferred income tax liabilities 75,689,060.41 75,689,060.41

Other non-current liabilities 222,561,668.33 123,469,560.47

Total non-current liabilities 1,547,952,680.42 1,431,228,830.79

Total liabilities 2,672,347,761.37 2,419,386,031.27

Owner's Equity (or Shareholders' Equity):

Paid-up capital (or share capital) 451,877,086.00 451,877,086.00

Other equity instruments 192,384,973.75 192,384,973.75

Among them: preferred shares

Perpetual bonds

Capital reserve 1,387,629,556.88 1,297,118,239.93

Less: Treasury shares 246,820,992.10 100,280,543.07

Other comprehensive income -21,466,685.18 -950,923.83

Special reserves

Surplus reserve 149,818,533.93 173,465,094.17

General Risk Provisions

Undistributed profit 1,414,107,283.53 1,201,893,803.39

Attributable to owners of the parent company (or shareholders' rights 3,327,529,756.81 3,215,507,730.34

benefit) total

Minority interests -92,796,998.78 -58,045,183.09

Total owners' equity (or shareholders' equity) 3,234,732,758.03 3,157,462,547.25

Liabilities and owners' equity (or shareholders' rights 5,907,080,519.40 5,576,848,578.52

benefit) total

Person in charge of the company: Li Hongjing Person in charge of accounting: Li Hongjing Person in charge of accounting institution: Xue Wei

Consolidated income statement

January-September 2024

Prepared by: Shenzhen Daotong Technology Co., Ltd

Unit: Yuan Currency: RMB Audit Type: Unaudited

Project Q3 2024 Q3 2023

(January-September) (January-September)

1. Total operating income 2,804,152,959.79 2,189,589,090.79

Among them: operating income 2,804,152,959.79 2,189,589,090.79

Interest income

Premiums earned

Fee and commission income

2. Total operating costs 2,305,845,578.27 1,907,642,489.24

Including: operating costs 1,238,365,812.36 1,002,472,040.05

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 16,236,296.37 13,684,139.27

Selling expenses 371,885,739.06 349,246,144.26

Administrative expenses 199,844,308.83 176,511,118.84

R&D expenses 438,195,952.72 376,826,820.97

Financial expenses 41,317,468.93 -11,097,774.15

Including: interest expense 53,366,255.90 49,002,809.02

Interest income -14,637,696.64 -10,306,402.19

Add: Other income 59,555,828.19 46,999,219.62

Investment income (loss is listed with "-") 101,384,777.11 -1,856,204.33

Among them: for associates and joint ventures

Investment income

Gold financing at amortized cost

Proceeds are recognized at the end of production

Exchange gain (loss is indicated with a "-")

Net exposure hedging gain (losses are marked with a "-".)

columns)

Fair value change gain (loss is measured in "-" sign -8,363,898.95 -14,882,935.10

Fill in the columns)

Credit impairment loss (-23,393,647.59 -12,213,419.52 for losses with a "-" sign.)

columns)

Asset impairment loss (-61,612,489.52 -19,106,501.76 for loss with "-".

columns)

Gain on disposal of assets (loss with "-") -286,332.84 48,737.45

columns)

3. Operating profit (loss is listed with "-") 565,591,617.92 280,935,497.91

Add: Non-operating income 541,010.41 271,388.40

Less: Non-operating expenses 1,500,309.50 1,168,159.18

4. Total profit (total loss is listed with "-") 564,632,318.83 280,038,727.13

Less: Income tax expense 62,088,259.93 39,984,633.88

5. Net profit (net loss is listed with "-") 502,544,058.90 240,054,093.25

(1) Classification according to business continuity

1. Net profit from continuing operations (net loss is "-" 502,544,058.90 240,054,093.25

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 541,283,483.10 266,530,999.86

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

2. Minority shareholders' profit and loss (net loss is -38,739,424.20 -26,476,906.61

Fill in the columns)

6. Net after-tax of other comprehensive income -20,340,103.59 -4,783,578.72

(1) Other consolidated assets attributable to owners of the parent company -20,515,761.35 -4,783,578.72

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 reclassified into profit or loss -20,515,761.35 -4,783,578.72

(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) Difference in translation of foreign currency financial statements -20,515,761.35 -4,783,578.72

(7) Miscellaneous

(2) Other consolidated income attributable to minority shareholders 175,657.76

net after-tax of benefits

7. Total comprehensive income 482,203,955.31 235,270,514.53

(1) Comprehensive income attributable to owners of the parent company 520,767,721.75 261,747,421.14

Total benefit

(2) Total comprehensive income attributable to minority shareholders -38,563,766.44 -26,476,906.61

forehead

8. Earnings per share:

(1) Basic earnings per share (RMB/share) 1.22 0.59

(2) Diluted earnings per share (RMB/share) 1.18 0.55

In the event of a business combination under the same control in the current period, the net profit realized by the merged party before the merger was 0 yuan, and the net profit realized by the merged party in the previous period was 0 yuan.

Person in charge of the company: Li Hongjing Person in charge of accounting: Li Hongjing Person in charge of accounting institution: Xue Wei

Consolidated Statement of Cash Flows

January-September 2024

Prepared by: Shenzhen Daotong 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 services 2,879,392,768.73 2,318,485,217.07

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 255,280,609.93 94,764,552.58

Other cash received related to operating activities 50,503,489.16 38,517,318.32

Subtotal cash inflow from operating activities 3,185,176,867.82 2,451,767,087.97

Cash for goods and services 1,141,109,048.19 1,048,455,499.80

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 651,810,359.97 577,800,983.68

Taxes paid 213,618,722.41 239,121,057.87

Other cash paid in connection with operating activities 721,875,789.26 422,453,048.24

Subtotal cash outflow from operating activities 2,728,413,919.83 2,287,830,589.59

Net cash flow from operating activities 456,762,947.99 163,936,498.38

2. Cash flow from investment activities:

Cash received from recovery of investments 1,764,751.33 1,713,612,752.36

Cash received from investment income 2,755,413.59 5,906,293.59

Disposal of fixed assets, intangible assets and other long-term 2,081,390.00 4,000.00

Net cash recovered from assets

Disposal of cash received by subsidiaries and other business units

Net gold

Receipt of other cash related to investment activities

Subtotal cash inflows from investing activities 6,601,554.92 1,719,523,045.95

Acquisition and construction of fixed assets, intangible assets and other long-term 93,046,687.76 177,272,787.63

Cash paid for assets

Cash paid for investments 40,000,000.00 1,825,146,410.00

Net increase in pledged loans

Cash paid by subsidiaries and other business units

Net gold

Other cash payments related to investing activities 67,428,254.52

Subtotal cash outflow from investing activities 200,474,942.28 2,002,419,197.63

Net cash flow from investing activities -193,873,387.36 -282,896,151.68

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 200,000,000.00

Other cash received in connection with fund-raising activities

Subtotal cash inflows from financing activities 200,000,000.00

Cash paid to repay debts 150,000,000.00

Dividends, profits or interest payments are now 359,604,891.19 5,484,271.87

gold

Where: shares paid by subsidiaries to minority shareholders

profits, profits

Other cash payments related to financing activities 164,758,705.20 9,263,061.67

Subtotal cash outflow from financing activities 524,363,596.39 164,747,333.54

Net cash flow from financing activities -324,363,596.39 -164,747,333.54

IV. Effect of exchange rate changes on cash and cash equivalents 14,524,328.61 14,127,181.50

sound

5. Net increase in cash and cash equivalents -46,949,707.15 -269,579,805.34

Add: Balance of cash and cash equivalents at the beginning of the period 1,474,409,219.41 1,431,875,592.80

6. Balance of cash and cash equivalents at the end of the period 1,427,459,512.26 1,162,295,787.46

Person in charge of the company: Li Hongjing Person in charge of accounting: Li Hongjing Person in charge of accounting institution: Xue Wei

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 Shenzhen Daotong Technology Co., Ltd

October 21, 2024