Stock Code: 000553(200553) Stock Abbreviations: ADAMA A(B) Announcement No.2024-42
Abstract of the 2024 Half-Year Report of ADAMA Ltd.
I. Important ReminderThe Abstract is from the full text of the 2024 Half-Year Report (“the Report”). Investors are advised to read the fulltext of the Report published on the media designated by China Securities Regulatory Commission for having around understanding of the Company’s performance, financial status and future development plan.
All the directors attended the Board of Directors meeting to review the Report.
Non-standard auditor report
□ Applicable √Not applicable
Plan approved by the Board of Directors for dividend distribution of ordinary shares or increasing the capital bythe transfer of capital reserves.
□Applicable √Not applicable
The Company does not plan to distribute cash or share dividends, nor plan to transfer capital reserve to equitycapital.
Plan approved by the Board of Directors for dividend distribution of preferred shares
□ Applicable √ Not applicable
II. Basic information about the Company
1. Company profile
| Stock name | ADAMA A, ADAMA B | Stock code | 000553, 200553 | |
| Stock exchange | Shenzhen Stock Exchange | |||
| Contact Information | Board Secretary | Securities Affairs Representative & Investor Relations Manager | ||
| Name | Guo Zhi | Wang Zhujun | ||
| Address | 6/F, No.7 Office Building, No.10 Courtyard, Chaoyang Park South Road, Chaoyang District, Beijing | |||
| Tel. | 010-56718110 | 010-56718110 | ||
| irchina@adama.com | irchina@adama.com | |||
2. Main Accounting Data and Financial Indicators
Whether the Company performed any retroactive adjustments to or restatement of its accounting data
□Yes √No
| January - June 2024 | January - June 2023 | YoY +/- (%) | |
| Operating revenues (RMB’000) | 14,910,289 | 17,253,201 | -13.58% |
| Net profit attributable to shareholders of the Company (RMB’000) | (894,866) | (242,156) | -269.54% |
| Net profit attributable to shareholders of the Company excluding non-recurring profit and loss (RMB’000) | (947,055) | (304,966) | -210.54% |
| Net cash flow from operating activities (RMB’000) | 1,731,118 | (64,876) | 2768.35% |
| Basic EPS (RMB/share) | (0.3841) | (0.1039) | -269.68% |
| Diluted EPS (RMB/share) | NA | NA | NA |
| Weighted average return on net assets | -4.17% | -1.03% | -3.14pp |
| End of Reporting Period | End of last year | +/- (%) | |
| Total assets (RMB’000) | 52,854,481 | 55,405,803 | -4.60% |
| Net assets attributable to shareholders (RMB’000) | 20,982,486 | 21,924,475 | -4.30% |
3. Shares and Shareholders
Unit: share
| Total number of shareholders at the reporting period | 40,193 (the number of ordinary A share shareholders is 27,788; the number of B share shareholders is 12,405) | Total number of preferred stockholder with vote right restored | 0 | |||
| Shareholding of Top-10 Shareholders (Excluding Shares Lent for the Relending Financing) | ||||||
| Name of shareholder | Nature of shareholder | Holding percentage | Number of shares | Number of shares held subject to trading moratorium | Pledged or frozen shares | |
| Status of shares | Amount | |||||
| Syngenta Group Co., Ltd. | State-owned Legal Person | 78.47% | 1,828,137,961 | -- | -- | -- |
| China Cinda Asset Management Co., Ltd. | State-owned Legal Person | 1.34% | 31,115,916 | -- | -- | -- |
| Hong Kong Securities Clearing Company Ltd. (HKSCC) | Overseas Legal Person | 0.50% | 11,585,207 | -- | -- | -- |
| Wu Feng | Domestic Natural Person | 0.29% | 6,702,269 | -- | -- | -- |
| Bosera Funds-China Merchants Bank- Bosera Funds Xincheng No.2 Collective Asset Management Plan | Others | 0.28% | 6,500,000 | -- | -- | -- |
| Bosera Funds-Postal Savings Bank- Bosera Funds Xincheng No.3 Collective Asset Management Plan | Others | 0.26% | 6,000,000 | -- | -- | -- |
| Zhu Shenglan | Domestic Natural Person | 0.25% | 5,756,000 | -- | -- | -- |
| China Universal Asset Management Fund-Industrial Bank-CUAM-Strategic Enhancement No.3 Collective Asset Management Plan | Others | 0.19% | 4,400,000 | -- | -- | -- |
| Qichun County State-owned Assets Supervision and Administration Bureau | State-owned Legal Person | 0.18% | 4,169,266 | -- | -- | -- |
| Bosera Funds-Postal Savings Bank- Bosera Funds Xincheng No.4 Collective Asset Management Plan | Others | 0.17% | 4,000,000 | -- | -- | -- |
| Explanation on associated relationship or/and persons | Syngenta Group Co., Ltd. is not related party or acting-in-concert party as prescribed in the Administrative Methods for Acquisition of Listed Companies to other shareholders. It is unknown to the Company whether | |||||
| shareholders above are related parties or acting-in-concert parties as prescribed in the Administrative Methods for Acquisition of Listed Companies. | |
| Particular about shareholder participate in the securities lending and borrowing business ( if any) | Shareholder Wu Feng held 4,848,843 shares of the Company through a common securities account and 1,853,426 shares of the Company through a credit collateral securities trading account, altogether 6,702,269 shares. Shareholder Zhu Shenglan held 5,756,000 shares of the Company through a credit collateral securities trading account. |
Shareholders holding more than 5% of shares, top ten shareholders and top ten shareholders with unlimited sharesin circulation participating in the shares lending through refinancing arrangement
□ Applicable √ Not Applicable
Top ten shareholders and top ten shareholders with unlimited shares in circulation change from the previous perioddue to the shares lending/returning through refinancing arrangement
□ Applicable √ Not Applicable
4. Change of the Controlling Shareholder or the Actual Controller
Change of the controlling shareholder in the Reporting Period
□ Applicable √ Not applicable
There was no change of the controlling shareholder of the Company in the Reporting Period.
Change of the actual controller in the Reporting Period
□ Applicable √ Not applicable
There was no change of the actual controller of the Company in the Reporting Period.
5. Number of Preferred Shareholders and Shareholding Table of Top-10 Preferred Shareholders
□ Applicable √ Not applicable
None in the Reporting Period.
6. Corporate Bonds on the Reporting Date
□ Applicable √ Not applicable
III. Important Matters
None.For introduction to Company business during the reporting period, please refer to Section III. ManagementDiscussion and Analysis of the full text of 2024 Half-Year Report.
ADAMA Ltd.Legal Representative：Steve Hawkins
August 29
th
, 2024