Stock code: 000012; 200012 Short form of the stock: CSG A; CSG B Notice No.:2024-018
CSG HOLDING CO., LTD.
SUMMARY of SEMI-ANNUAL REPORT 2024
Chairman of the Board:
Chen Lin
August 2024
I. Important notice
The summary of semi-annual report is excerpted from the full text of the semi-annual report. In order to fully understand theCompany's operating achievements, financial standing and future development planning, investors should carefully read the fulltext of the semi-annual report announced on the media designated by CSRC.All directors were present at the meeting of the Board for deliberating the semi-annual report of the Company in person.This report is prepared both in Chinese and English. Should there be any inconsistency between the Chinese and English versions,the Chinese version shall prevail.Notice of non-standard audit opinion
□Applicable √ Not applicable
Plans of profit distribution and share converted from capital reserve in the report period which was deliberated by the Board
□ Applicable √ Not applicable
The Company has no plans of cash dividend distribution, bonus shares being sent or converting capital reserve into share capital.Profit distribution plan of preferred shares in the report period which was approved by the Board
□Applicable √ Not applicable
II. The basic information of the Company
1. Company profile
| Short form for share | Southern Glass A, Southern Glass B | Code for share | 000012, 200012 |
| Listing stock exchange | Shenzhen Stock Exchange | ||
| Person/Way to contact | Secretary of the Board | Representative of securities affairs | |
| Name | Chen Chunyan | Xu Lei | |
| Contact address | CSG Building, No.1 of the 6th Industrial Road, Shekou, Shenzhen, P. R.C. | CSG Building, No.1 of the 6th Industrial Road, Shekou, Shenzhen, P. R.C. | |
| Tel. | (86)755-26860666 | (86)755-26860666 | |
| securities@csgholding.com | securities@csgholding.com | ||
2. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data
□Yes √ No
| The report period (Jan. to Jun.2024) | The same period of last year | Increase/decrease year-on-year | |
| Operating income (RMB) | 8,078,970,651 | 8,389,340,245 | -3.70% |
| Net profit attributable to shareholders of the listed company (RMB) | 733,111,562 | 889,478,780 | -17.58% |
| Net profit attributable to shareholders of the listed company | 672,901,192 | 838,238,768 | -19.72% |
| after deducting non-recurring gains and losses (RMB) | |||
| Net cash flow arising from operating activities (RMB) | 993,284,145 | 518,427,185 | 91.60% |
| Basic earnings per share (RMB/Share) | 0.24 | 0.29 | -17.24% |
| Diluted earnings per share (RMB/Share) | 0.24 | 0.29 | -17.24% |
| Weighted average ROE | 5.08% | 6.69% | -1.61% |
| End of this period | End of last year | Increase/decrease in this period-end over that of last year-end | |
| Total assets (RMB) | 32,268,955,506 | 30,362,057,312 | 6.28% |
| Net assets attributable to shareholders of the listed company (RMB) | 14,019,448,902 | 14,050,840,217 | -0.22% |
3. Amount of shareholders of the Company and particulars about shareholding
Unit: share
| Total amount of shareholders at the end of the report period | 147,717 | Total amount of the preferred shareholders who have resumed the voting right at end of report period (if applicable) | 0 | ||||
| Shareholding of the top ten shareholders（Excluding shares lent through refinancing） | |||||||
| Full name of Shareholders | Nature of shareholder | Proportion of shares held | Total shares held at the end of report period | Amount of restricted shares held | Number of share pledged/frozen | ||
| Share status | Amount | ||||||
| Foresea Life Insurance Co., Ltd. – HailiNiannian | Domestic non state-owned legal person | 15.19% | 466,386,874 | ||||
| # Shenzhen Sigma C&T Co., Ltd. | Domestic non state-owned legal person | 3.92% | 120,385,406 | ||||
| Foresea Life Insurance Co., Ltd. – Universal Insurance Products | Domestic non state-owned legal person | 3.86% | 118,425,007 | ||||
| Foresea Life Insurance Co., Ltd. – Own Fund | Domestic non state-owned legal person | 2.11% | 64,765,161 | ||||
| China Galaxy International Securities (Hong Kong) Co., Limited | Foreign legal person | 1.34% | 41,034,578 | ||||
| Hong Kong Securities Clearing Co., Ltd. | Foreign legal person | 0.73% | 22,421,087 | ||||
| Zhongshan Runtian Investment Co., Ltd. | Domestic non state-owned legal person | 0.62% | 18,983,447 | Pledged | 18,980,000 | ||
| Marked | 18,980,000 | ||||||
| Frozen | 3,447 | ||||||
| China Merchants Securities (Hong Kong) Limited | Foreign legal person | 0.61% | 18,825,211 | ||||
| VANGUARD EMERGING MARKETS STOCK INDEX FUND | Foreign legal person | 0.57% | 17,643,373 | ||||
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND | Foreign legal person | 0.57% | 17,537,213 | |||
| Explanation on associated relationship among the aforesaid shareholders | As of the end of the report period, among shareholders as listed above, Foresea Life Insurance Co., Ltd.-HailiNiannian, Foresea Life Insurance Co., Ltd.-Universal Insurance Products, Foresea Life Insurance Co., Ltd.-Own Fund are all held by Foresea Life Insurance Co., Ltd. Shenzhen Jushenghua Co., Ltd., which holds 51% equity of Foresea Life Insurance Co., Ltd., holds 100% equity of Zhongshan Runtian Investment Co.,Ltd and Chengtai Group Co. Ltd., through Shenzhen Hualitong Investment Co., Ltd. Chengtai Group Co., Ltd. holds 40,187,904 shares through China Galaxy International Securities (Hong Kong) Co., Limited. | |||||
| Explanation on shareholders involving margin business (if applicable) | As of the end of the report period, shareholder Shenzhen Sigma C&T Co., Ltd. holds 0 shares of the Company through an ordinary account, and 120,385,406 shares of the Company through the customer credit transaction guarantee securities account of Huatai Securities Co., Ltd., totaling 120,385,406 shares of the Company. | |||||
Special note: On July 11, 2022, at the Company's Second Extraordinary General Meeting in 2022, Foresea Life Insurance Co., Ltd.voted in favor of all proposals, and Zhongshan Runtian Investment Co., Ltd. voted against all proposals, Chengtai Group Co., Ltd.voted against all the proposals with the shares held by China Galaxy International Securities (Hong Kong) Co., Limited; on August3, 2022, at the Company's Third Extraordinary General Meeting in 2022, Foresea Life Insurance Co., Ltd. voted in favor of allproposals, and Zhongshan Runtian Investment Co., Ltd. voted against all proposals.
Top 10 shareholders involved in refinancing shares lending
□ Applicable √ Not applicable
The top 10 shareholders and the top 10 shareholders of unlimited outstanding shares have changed from the previousperiod due to refinancing lending/restitution reasons
□ Applicable √ Not applicable
4. Changes of controlling shareholder or actual controller
Changes of controlling shareholder in the report period
□Applicable √ Not applicable
Changes of actual controller in the report period
□Applicable √ Not applicable
5. The total number of shareholders of the Company's preferred shares and theshareholding of the top 10 preferred shareholders
□Applicable √ Not applicable
6. Bonds existing on the approval date of semi-annual report
□Applicable √ Not applicable
III. Significant matter
1. The matter of the special fund of RMB 171 million for talent introduction
Regarding the special fund of RMB 171 million for talent introduction, the Company filed an infringement compensation lawsuitagainst Zeng Nan and others and Yichang Hongtai Real Estate Co., Ltd. on December 15, 2021, and Shenzhen IntermediatePeople's Court officially accepted it on January 28, 2022. The first trial of the case was completed in Shenzhen IntermediatePeople's Court on June 21, 2022. On 4 June 2024, the Company received the Civil Judgment of the first instance issued byShenzhen Intermediate People's Court, which rejected all of the Company's litigation requests. In June 2024, the Company filed anappeal to Guangdong Higher People's Court, and the case is currently in the process of the second instance.
2. Postponed re-election of the Board of Directors and the Supervisory Committee
The term of office of the ninth Board of Directors and Supervisory Committee of the Company expired on 21 May 2023, and re-election is progressing steadily as of now. According to Articles 96 and 138 of the Articles of Association of CSG Holding Co., Ltd.,if a new director/supervisor is not re-elected in time upon the expiry of the term of office of a director/supervisor, before the re-elected director/supervisor assumes his/her office, the former director/supervisor shall still perform the duties of adirector/supervisor in accordance with the provisions of laws, administrative regulations, departmental rules and the Articles ofAssociation. Therefore, the members of the ninth Board of Directors and Supervisory Committee are still performing their dutiesin a normal manner, and the re-election of the Board of Directors and the Supervisory Committee would not have any adverseimpact on the Company’s operation and governance.
Board of Directors ofCSG Holding Co., Ltd.26 August 2024