TCL 科技集团股份有限公司

TCL Technology Group Corporation

INTERIM REPORT 2026

August 2026

Part I Important Notes, Table of Contents and Definitions

The Board of Directors (or the "Board"), the directors and senior management of TCL Technology Group Corporation (hereinafter referred to as the "Company") hereby guarantee the factuality, accuracy and completeness of the contents of this Interim Report and its summary, and shall be jointly and severally liable for any misrepresentations, misleading statements or material omissions therein.

Mr. Li Dongsheng, the person-in-charge of the Company, Ms. Li Jian, the person-in-charge of financial affairs (Chief Financial Officer), and Ms. Jing Chunmei, the person-in-charge of the financial department, hereby guarantee that the financial statements carried in this Interim Report are factual, accurate, and complete.

All the Company’s directors attended the Board meeting for the review of this Interim Report and its summary.

The future plans, development strategies or other forward-looking statements mentioned in this Report and its summary shall NOT be considered as promises of the Company to investors. Therefore, investors are kindly reminded to pay attention to possible investment risks.

The Company does not propose to pay interim cash dividends, issue bonus shares or convert capital reserves into share capital for this interim period.

This Report and its summary have been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese version shall prevail.

Table of Contents

• Part I Important Notes, Table of Contents and Definitions...........................................1
• Part II Corporate Information and Key Financial Information..................................... 5
• Part III Management Discussion and Analysis..............................................................8
• Part IV Corporate Governance, Environment and Social Responsibility...................36
• Part V Significant Events.............................................................................................42
• Part VI Changes in Shares and Information about Shareholders................................54
• Part VII Bonds..............................................................................................................62
• Part VIII Financial Report............................................................................................67

Documents Available for Reference

• (I) The financial statements signed and stamped by the person-in-charge of the

Company, the Chief Financial Officer and person-in-charge of the financial department.

• (II) The originals of all company documents and announcements that were

disclosed to the public during the Reporting Period.

Definitions

Part II Corporate Information and Key Financial Information

I. Corporate Information

II. Contact Information

III. Other Information

1. Contact Information of the Company

Whether the registered address, office address and their zip codes, website address and email address of the Company changed during the Reporting Period

□Applicable ☑ Not applicable

No changes occurred to the registered address, office address and their zip codes, website address, email address and other contact information of the Company during the Reporting Period. Please refer to the 2025 Annual Report for details.

2. Media for Information Disclosure and Place Where This Report is Lodged

Whether the media for information disclosure and place where this Report is lodged changed during the Reporting Period

□Applicable ☑ Not applicable

No changes occurred to the name and website of the stock exchange website and media on which the Company discloses its Interim Report and the place for lodging such reports during the Reporting Period. Please refer to the 2025 Annual Report for details.

3. Other Information

Whether other information changed during the Reporting Period

□Applicable ☑ Not applicable

IV. Key Accounting Data and Financial Indicators

Indicate whether there is any retrospectively adjusted or restated datum in the table below

□Yes ☑ No

V. Accounting Data Differences under Chinese Accounting Standards for Business Enterprises (CAS), International Financial Reporting Standards (IFRS) and Foreign Accounting Standards

1. Differences in Net Profits and Equity under CAS and IFRS

□Applicable ☑ Not applicable

There is no difference in net profits and net assets between the financial statements prepared in accordance with IFRS and CAS for the Reporting Period of the Company.

2. Differences in Net Profits and Equity under CAS, IFRS and Foreign Accounting Standards

□Applicable ☑ Not applicable

There is no difference in net profits and net assets between the financial statements prepared under CAS, IFRS and Foreign Accounting Standards for the Reporting Period of the Company.

3. Reasons for Accounting Data Differences Above

□Applicable ☑ Not applicable

VI. Non-Recurring Gains and Losses

☑ Applicable □Not applicable

Unit: RMB

Details of other profit and loss items that meet the definition of non-recurring profits and losses:

• □Applicable ☑ Not applicable The Company has no other profit and loss items that meet the definition of non-recurring profits and losses.

Notes on non-recurring profit and loss items that are listed in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Non-Recurring Gain/Loss shall be used to define Recurring Gain/Loss items

• □Applicable ☑ Not applicable

The Company does not have any non-recurring profit and loss items listed in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Non-Recurring Gain/Loss that are defined as recurring profit and loss items.

Part III Management Discussion and Analysis

I. Main Businesses of the Company during the Reporting Period

Since the start of the year, escalating international geopolitical conflicts and surging upstream energy prices have reignited upward pressure on inflation. Against this backdrop, the momentum of global economic growth has weakened, with macroeconomic uncertainties increasing substantially. In the face of external challenges, the Company focused on three key business pillars, including displays, new energy photovoltaics, and other silicon materials. We continuously strengthened the operations barriers characteristic of high-tech, heavy-asset, and long-cycle industries, anchored our leading strategy, and pursued sustainable high-quality development.

During the Reporting Period, the Company achieved operating revenue of RMB 88.65 billion, representing a year-on-year increase of 3.6%. Net profit attributable to shareholders of the Company amounted to RMB 3.81 billion, representing a substantial year-on-year surge of 102.2%, while operating cash flow reached RMB 17.62 billion. As of the end of the Reporting Period, the Company’s debt-to-asset ratio stood at 65.0%, an increase of 0.8 percentage points from the end of the previous Reporting Period; cash and cash equivalents at the end of the Reporting Period were RMB 22.22 billion.

II. Operations Performance of the Company's Core Businesses During the Reporting Period

The Company was deeply engaged in leading edge manufacturing industries characterized by high technology, heavy assets, and long cycles with displays, new energy photovoltaics, and other silicon materials at its core, and continuously promoted technological innovation and industrial advancement supporting the strategic goals of global leadership.

• (I) Display Business

1. TCL CSOT

Industry Development and Operating Performance

In the first half of 2026, the global display industry generally maintained stable operations. Affected by geopolitical conflicts and rising raw material and memory prices, user-end demand for consumer electronics came under temporary pressure, with shipments of products such as smartphones and notebook computers posting a decline. Meanwhile, trends toward larger‑ size

TVs, multi‑ display deployments of vehicle‑ mounted devices, and growing penetration of high‑ end displays continued to underpin area‑ based demand for display panels. According to third-party forecasts, the total shipment area of global display panels is expected to remain broadly flat in 2026, while demand for TV and vehicle‑ mounted display panels is set to rise by roughly 2% and 6% respectively. The industry is projected to follow a development pattern characterized by “pressure on shipment volume, stable shipment area, and structural upgrading.”

The LCD industry continued to pursue an on-demand production strategy, while inefficient overseas capacity was phased out. The trend toward larger and higher-end TVs, as well as the expansion of applications such as commercial and vehicle-mounted displays, continued to drive growth in demand for panel area. Leveraging its mature industrial ecosystem, significant cost advantages, and continuous iteration capabilities, LCD further consolidated its mainstream position in the large-sized display segment. OLED accelerated its penetration into the medium‑ size segment, covering notebook computers, tablets, monitors, and vehicle-mounted displays. Mini‑ LED saw accelerated adoption, while Micro‑ LED continued its exploration toward industrialization. Against the backdrop of an evolving supply landscape, expanding application scenarios and accelerated industrialization of new technologies, industry‑ wide competition has shifted away from capacity expansion toward a contest of comprehensive strength centered on technological innovation, product value, operating efficiency and cash‑ flow quality.

During the Reporting Period, amid external pressures from rising memory prices and diverging terminal demand, the Company remained committed to value-oriented operations, under the core theme of “on-demand production, structural optimization, and efficiency enhancement.” TCL CSOT achieved operating revenue of RMB 50.27 billion and net profit of RMB 3.90 billion. Net profit attributable to shareholders of TCL TECH. amounted to RMB 3.28 billion, representing a year-on-year increase of 24.8%. The earlier acquisition of minority interests in Shenzhen CSOT Bandaoti increased the Company’s equity interests in the core t6 and t7 assets, thereby enhancing the contribution of these quality assets to profits attributable to shareholders of the listed company. The acquisition of the minority interests in t9 progressed smoothly, with the equity transfer recently completed. This transaction will further enhance the contribution of the quality t9 asset to profits attributable to shareholders of the listed company.

(1) LCD Business Maintained Its Stable Leading Position, While IT and VehicleMounted Display Businesses Achieved Rapid Growth

Leveraging its portfolio of large-, medium-, and small-sized production lines, the Company continued to optimize its product and customer mix. In the large-sized display segment, the Company capitalized on the trend toward larger and higher-end TVs. During the Reporting Period, the average shipment size of its TV panels reached 55.3 inches, 2.9 inches above the industry average. Through coordination across multiple production lines, improved manufacturing efficiency and refined supply chain management, the Company further enhanced the profitability of its LCD business.

In the medium‑ size segment, as t9 further released its capacity and strengthened capacity coordination with t11, shipments of high‑ end products including high‑ mobility oxide displays grew rapidly, driving t9’s net profit to more than double year‑ on‑ year. The Company maintained its global No.1 market share in e‑ sports monitor panels. It launched the world’s first native 1080p 1000Hz monitor. Building on its leading position in the consumer e‑ sports market, it further forayed into the professional e‑ sports segment and became the official display for the 2026 CrossFire Pro League (CFPL). The Company achieved stepwise breakthroughs in oxide technology—from conventional oxide to high-mobility oxide 30 and further to ultra-highmobility oxide 50—and realized large-scale adoption in mainstream tablet devices. These technological and product strengths drove market share gains against broader market headwinds. Notebook panel shipments to leading customers ramped up smoothly and grew rapidly. In the second quarter, the Company lifted its global notebook‑ panel ranking from fourth to second, while retaining the world’s‑ second‑ largest market share for tablet panels. Breakthroughs in medium‑ sized panels including notebook panels marked TCL CSOT’s successful forging of a second growth engine for its display business. This further refined its full‑ size application footprint and reinforced its position as a comprehensive leader in the display industry.

The vehicle-mounted devices maintained rapid growth, becoming the fastest-growing segment of the Company’s medium-sized display business. The Company’s share of LTPS vehicle-mounted panel shipment area has remained the largest worldwide since Q4 2025, while its shipment volume grew by more than 50% year on year in H1 2026. The Company continued to expand to cover high-value applications such as rear-seat displays, armrest displays, and P-HUDs, accelerating its evolution from a supplier of stand‑ alone display products to a provider of integrated display solutions for intelligent cockpits. Its innovative “Safe Driving Triple-Screen” solution extended cockpit safety from passive protection to active sensing and coordinated interaction. By capitalizing on the growth in exports by Chinese automakers and achieving

breakthroughs with internationally renowned automakers, the Company continued to optimize the customer and regional mix of its vehicle-mounted devices. Revenue increased by 46% year on year, further enhancing its capabilities in serving and managing customers globally.

(2) FMM OLED Came Under Periodic Pressures, While Operating Quality Improved Quarter by Quarter

Affected by rising memory prices and weakening smartphone demand, the FMM OLED business came under periodic pressures and recorded greater losses. The Company sharpened its focus on high-value-added technologies (foldable displays, LTPO, PLP, privacy displays, and Tandem) and expanded into diverse applications such as tablets, wearables, and vehicle‑ mounted displays. It also drove progress in material localization, yield improvement, and cost control. In Q2, the OLED business’s operating margin improved quarter on quarter, with operating quality rising steadily.

The Company has successfully ramped up mass production and deliveries of foldable products to branded customers, demonstrating end‑ to‑ end capabilities across technology R&D, customer qualification, and high‑ volume manufacturing. Looking ahead, the Company will capitalize on market opportunities for foldable products and continue to expand its coverage of brand customers and mass-production projects. Meanwhile, the Company has been steadily advancing key technological iterations in areas such as panel structure, support materials, hinge compatibility, and film-layer design. These efforts are aimed at further improving crease performance, reliability, and display quality, thereby continuously enhancing product competitiveness and expanding market share.

(3) Commercialization of Printed OLED and MLED Progressed in an Orderly Manner

The Company, in collaboration with MSI, has jointly launched the industry's first printed OLED desktop monitor targeting the mainstream consumer market, marking a pivotal expansion of printed OLED commercialization from professional-grade displays into the consumer electronics segment. Currently, the yield and cost of the relevant products have reached the standards required for mature mass production. The Company is advancing the validation of printed OLED products for IT applications—including monitors and notebooks—with multiple leading end‑ device brands, with all developments in full alignment with mainstream market specifications. Product maturity and commercial validation results have already met the mass‑ production requirements of tier‑ 1 customers. Leveraging the t12 production line, the Company achieved volume production and shipment of IT e-sports products. Multiple projects

will successively enter mass production during the year, steadily expanding customer coverage and laying the groundwork for the large-scale production of t8. On May 8, 2026, the main structure of the Guangzhou t8 project reached its topping-out milestone ahead of schedule, and mass production is expected to commence in Q4 2027. Going forward, t8 will leverage its scale manufacturing advantages to primarily serve mainstream consumer electronics, while t12 will target differentiated, high‑ value‑ added products. This will deliver a well‑ coordinated capacity layout with complementary functional roles.

In the MLED business, the Company completed the equity transfer of Fujian Zhaoyuan Optoelectronics Co., Ltd. and renamed it Fuzhou Huazhao Optoelectronics Co., Ltd. The integration of upstream LED chip technologies and capacity began to deliver results, driving a significant improvement in operating performance. In July, the Company established Shenzhen Huazhao Xingguang Technology Co., Ltd. to accelerate the development of advanced LED chip and packaging capacity, further improving its vertically integrated “chip-packaging-module” layout. Phase I of the Suzhou COB direct‑ display project has achieved full‑ capacity production. Core equipment for Phase II began moving‑ in in May, with mass production commenced in August. Going forward, the Company will continue to upgrade its Mini LED backlight and direct-display products and strengthen upstream and downstream coordination in technology, capacity, and customer development, thereby enhancing cost competitiveness and market performance.

(4) AI Deeply Empowered the Operating System, While New Businesses Achieved Breakthroughs on Multiple Fronts

The Company continued to advance its “AI for Real-World Applications” initiative. Underpinned by its five-star AI architecture comprising “one data lake, one large model, and three platforms,” it embedded AI across material R&D, product design, process optimization, quality management, supply chains, and operating decisions, shifting R&D from an experience-driven approach toward one powered by data and models and advancing manufacturing from automation and digitalization toward intelligence.

New businesses achieved breakthroughs on multiple fronts, while the specialized display business maintained rapid growth. LTPS projector products secured a top‑ two position in the industry by market share. Following the acquisition of Hunan Chuangke Photoelectric, the Company accelerated development of LCOS projection and 3D‑ printing light‑ engine technologies. For its e‑ paper business, it built a dual‑ site manufacturing footprint, with a

domestic site for medium‑ and large‑ sized products and a Vietnamese site for small‑ sized products. The Company commenced construction of a vehicle-mounted dimming glass project, with sample production planned for the second half of the year. XR products achieved stable shipments to leading customers, while the development of silicon-based LED technology and plans for mass-production lines moved forward at an accelerated pace.

(5) Declining Depreciation and an Orderly Reduction in Capital Expenditure Enhanced Profitability and Cash Flow Quality

As certain mature production lines successively enter periods of declining depreciation, the Company's overall depreciation expenses are expected to decrease in stages from 2026 onward. This will unlock greater profit contributions from existing assets and enhance returns on assets. Going forward, the Company expects its overall capital expenditure intensity to decline and will take a disciplined approach to new capital expenditures while strengthening investment return and capital efficiency management. Stable operating cash flow, coupled with the orderly moderation of capital expenditures, will continue to enhance the quality of the Company’s free cash flow.

Future Development Outlook

Seizing the historic opportunities arising from AI's transformation of smart terminals, advanced manufacturing, and compute infrastructure, the Company will leverage its display core to advance display technology, reinvent its operating model, and expand into shared capability areas—accelerating its shift from a global display leader to a pivotal human-machine interaction interface and advanced manufacturing platform in the AI age.

First, redefining the value of displays. For the new generation of intelligent terminals in the AI era, the Company will drive the transformation of displays from passive information media into intelligent sensing and interactive interfaces. In response to the demands of AI terminals for low power consumption, parallel multitasking, and multi-window interaction, the Company will continue to enhance its capabilities in variable refresh rate, partitioned driving, high image quality, low power consumption, multiple form factors, and system integration. These efforts will drive product upgrades toward "deep adaptation of panels to AI scenarios," continuously expand the boundaries of display applications, and increase per-screen value as well as customer stickiness.

Second, building a product portfolio spanning multiple technology cycles. In large-size LCD, the Company will maintain on-demand production while pushing toward larger formats and higher-end products to strengthen its earnings and cash flow base. Medium-size displays will act as a key growth driver, rapidly penetrating IT, vehicle‑ mounted, and specialty display markets to broaden both market presence and revenue scale. FMM OLED efforts will center on improving

customer, product, and cost structures to lift the high-end product mix and operational quality, while printed OLED and MLED will speed through validation, production ramp-up, and commercial scaling. Drawing upon its strengths across multiple technology paths, including HVA, HFS, and printed OLED, the Company will deliver differentiated solutions for various product positioning and application scenarios, advancing from leadership in LCD alone toward comprehensive leadership across multiple display technologies.

Third, restructuring the advanced manufacturing system with AI. The Company will embed data, models, and AI agents throughout its operating value chain and actively explore pathways for building “AI-native factories” and an “AI-native organization.” Since 2023, the Company has independently developed and iterated the X-Intelligence large model, focusing on vertical display scenarios. In relevant automated evaluations and assessments by industry experts, its vertical-domain understanding and deep-reasoning capabilities outperformed mainstream general-purpose overseas large models such as Gemini 3.1 Pro and GPT-5.5 high, placing it at the forefront of the global display industry. In R&D, the Company is fostering integrated collaboration across R&D, manufacturing, and sales to strengthen "do it right the first time" capabilities. In manufacturing, it is pushing toward line-level autonomous perception, selfdiagnostics, and intelligent decision-making. In operations, it is evolving its models from reactive execution to proactive insight—enhancing predictive and decision-making capabilities across the full spectrum of scenarios. In parallel, the Company will strengthen model reliability, closed-loop industrial data systems, AI-agent engineering capabilities, and collaboration mechanisms involving domain experts, building core competitiveness for the intelligent era.

Fourth, unlocking a second growth space through shared foundational technologies. Drawing on its core technological capabilities in large-size glass substrate processing, thin-film deposition, photolithography, etching, automated handling, and smart manufacturing, the Company is pushing forward with critical process validation for glass-based packaging. The Company has assembled a dedicated team and is collaborating with target customers on technical exchanges and joint R&D to address key process challenges, including TGV copper filling, stress control in multilayer structures, and advanced glass substrate processing. It plans to exhibit relevant samples in H2 2026 and begin preparations for a pilot R&D platform. Going forward, the Company will coordinate the adaptation of upstream glass materials and the validation of key equipment for processes such as through-hole formation, electroplating, and CMP polishing. It will also conduct commercial validation focusing on functionality, reliability, mass-production yield, and cost. Meanwhile, the Company is actively exploring opportunities in high-speed optical interconnect and optoelectronic integration, strengthening its technology reserves in perovskites, and pursuing technology development and validation with leading customers in response to the visual, perceptual, and interactive demands of embodied intelligence. This creates a tiered business architecture in which "mature businesses generate value, growth businesses improve the

portfolio mix, and forward-looking ventures open up new horizons."

The Company will set key milestones for technology validation, customer introduction, massproduction yield, and investment returns, committing resources in stages and making dynamic adjustments based on validation results. While safeguarding the operational and financial security of its core businesses, it will optimize its business portfolio and cultivate long-term growth drivers.

2. Moka Technology

Moka Technology is a technology manufacturer with a global industrial footprint. It specializes in the ODM business involving the R&D, design, and manufacture of intelligent display terminal products such as TVs, monitors, and commercial displays, and is the world’s largest TV ODM manufacturer. During the Reporting Period, Moka Technology achieved operating revenue of RMB 9.48 billion. Its TV ODM business ranked first globally in shipment volume for 15 consecutive quarters. Monitor ODM shipments increased by 7% year on year, ranking fifth globally, while commercial display shipments grew by 37%, providing fresh impetus to performance growth.

(II) New Energy Photovoltaics Business

The Company’s new energy photovoltaic business remained firmly focused on four priorities: consolidating its competitiveness in crystal and wafer production, advancing its integration strategy into a new stage, accelerating the development of the BC cell ecosystem and patent operations, and pressing ahead with global expansion. These initiatives aimed to bolster capabilities for navigating the industry cycle. During the Reporting Period, the new energy photovoltaic business achieved sales revenue of RMB 11.27 billion, representing a year-on-year increase of 6.0%, while its losses narrowed by 29.6% compared with H1 2025.

The photovoltaic materials business aligned production with actual demand and continued to optimize its supply chain system, reducing costs and enhancing efficiency through process improvements and tighter controls over energy consumption and workforce productivity. During the Reporting Period, wafer shipments reached 53.9 GW, securing the industry’s largest market share, while EBITDA improved by RMB 290 million year on year. Building on its long-standing technological expertise and industry-chain synergies, the Company strengthened the competitiveness of its crystal and wafer products through differentiation and premiumization. Meanwhile, the Company capitalized on growing overseas demand by expanding its customer base in markets such as India and Turkey. The resulting surge in overseas shipments and revenue improved operating quality and supported a recovery in profitability.

During the Reporting Period, module shipments rose 29% year on year despite broader

market headwinds. Operating revenue increased by approximately 47% to RMB 5.29 billion, accompanied by year-on-year improvements in average selling prices and gross profit. The cell and module business continued to optimize its product and customer mix, increasing both the shipment contribution of premium products and sales in overseas markets. To address the market demand for high power, high efficiency, high reliability, and multi-scenario applications, the Company established a portfolio of high-efficiency products, including half-cut and multi-cut offerings. High-efficiency products—including new BC and half-cut products—accounted for over 15% of total shipments. The Company's overseas business also capitalized on opportunities in key regional markets, delivering substantial shipment growth across Europe, the Middle East, Australia and New Zealand, and Southeast Asia.

DAS Solar Co., Ltd. has been consolidated into the Company's financial statements starting from the third quarter. Following the consolidation, the Company's production capacity stands at 20GW for cells and 50GW for modules. By integrating R&D, manufacturing, sales, supply chain, and operational management systems, the Company will fully leverage the synergies between the two entities, further enhancing its overall competitiveness. To meet the continued growth in demand for BC products, the Company is drawing upon its established technologies, core patent portfolio, process expertise, and customer base to accelerate the BC conversion of all its cell capacity and 50% of its module capacity. The upgraded capacity is expected to come online successively in the third quarter before entering the ramp-up stage. The Company is also actively expanding into high-value market segments both domestically and internationally, and is expected to continue gaining market share while improving profitability.

(III) Silicon Materials Business

Zhonghuan Advanced serves as the operating entity of the Company’s silicon materials business. During the Reporting Period, Zhonghuan Advanced remained steadfast in its “Lead at Home, Compete Globally” strategy. Focusing on the requirements of advanced-process logic chips, advanced memory chips, and high-end power chips, it continued to advance the R&D, customer certification, and volume introduction of relevant wafer products while optimizing its product and customer mix. During the Reporting Period, Zhonghuan Advanced achieved shipments of 689 MSI, representing a year-on-year increase of 17%. Of these shipments, shipments of 12-inch products accounted for 57.8% of the total, while those of 8-inch and below accounted for 42.2%. Certification and customer qualification with key clients proceeded as planned. The Company recorded operating revenue of RMB 3.04 billion, of which 12-inch products contributed RMB 1.65 billion. While the Company recorded a net loss of RMB 86 million for the period, its operational scale and profitability metrics remained at the forefront of the domestic industry.

Surging demand for AI and computing power has fueled growth in logic and memory chips, while also lifting demand for related power chips. Together with the accelerating push for domestic substitution, the industry has entered an upcycle, leading to both volume and price increases in the silicon wafer market. To capitalize on these market opportunities, Zhonghuan Advanced invested in the Shenzhen Project for Large Wafers Used in Integrated Circuits, accelerating the development of 12-inch wafer capacity with a particular focus on logic and memory applications. Together with its existing production bases in Yixing and Xuzhou, this increased Zhonghuan Advanced’s total planned capacity for 12-inch wafers to 2.1 million pieces per month, further optimizing its regional manufacturing footprint and strengthening supporting services for key customers. Zhonghuan Advanced will continue to advance leading-edge technologies and processes, deepen cooperation with key customers in China and abroad, and accelerate the ramp-up of new capacity to ease delivery pressure, building differentiated competitive advantages through technology, efficiency, and quality.

(IV) Non-core business

During the Reporting Period, Tianjin Printronics Circuit and Highly maintained sound operations, while the Company’s financial and investment businesses continued to generate earnings.

Facing a severe and complex external environment, the Company will adhere to the development philosophy of “Strategic Leadership, Innovation-Driven, Advanced Manufacturing, and Global Operations.” It will seize the historic opportunities presented by the upgrading of advanced manufacturing and the transformation of the global energy structure, achieve sustainable high-quality development, and move toward global leadership.

II. Analysis of Core Competitiveness

Since its establishment in 1981, TCL has consistently demonstrated resilience and adaptability, successfully navigating through various market cycles. Through sustained exploration, reform, and transformation, the Company, which is always standing firm at the forefront and demonstrating the audacity to pioneer, has emerged as a high-tech industry group with global competitiveness.

Strategic Leadership: Leading strategic goals and clear strategic development philosophy

In 2018, TCL underwent its most significant corporate transformation, shifting from a

diversified conglomerate to a specialized business model focused on developing high-tech and capital-intensive industries with long investment cycles. Following the delisting of Zhonghuan Electronic in July 2020, the Company officially entered the fields of new energy photovoltaics and silicon materials. TCL TECH. has established a business structure centered on displays, new energy photovoltaic and other silicon materials. The Company followed a consistent logic in its business strategy and development. With complementary business cycles and strong management synergy across its segments, it achieved outstanding competitive strengths.

Guided by its goal of achieving global leadership, the Company is committed to its development philosophy of "Strategic Guidance, Innovation-Driven, Leading Edge Manufacturing, and Global Operations". It prioritizes strengthening its core competitiveness and organizational capacity, and addresses uncertainties in the external environment with clear strategic objectives, leading core competencies and a highly efficient management system.

Scale Leadership: Leading market position and comprehensive business layout

By the end of the Reporting Period, TCL CSOT, as a preeminent global display company and a pioneer in domestic display manufacturing, invested over RMB 300 billion to establish 12 state-of-the-art panel lines (including the t8 line under construction) and 7 module factories, serving a diverse range of global clients. The Company has established its leading position in large-sized panels globally through both self-built production lines and strategic acquisitions. In first half of 2026, the Company ranked second globally in TV panel shipments, and first globally in terms of market share for panels sized 98 inches and above. The Company has built t9 production lines targeting high-value-added mid-sized products such as IT and commercial displays, achieving a full-size strategic layout. In the first half of 2026, it secured the world’s second-largest market share in MNT panels, and led globally in key segments such as e-sports monitors and LTPS laptops. Its strategic MLED direct-display business achieved mass production and delivery. TCL CSOT proactively positioned its high-performance and all-scenario display solutions while bolstering its value chain ecosystem. By expanding its reach from a large-sized display leader to a full-range provider, and transitioning from a panel manufacturer to a comprehensive solution specialist, it successfully navigated multiple industry cycles. Evolving from a "follower" to a "peer" and ultimately a "leader", TCL CSOT achieved sustained highquality development.

Leveraging its wafer business as a cornerstone, TZE expanded downstream into cells, modules, and energy storage, steadily forging a resilient, industry-leading competitive edge. In the photovoltaic wafer segment, TZE capitalized on its advantages in smart manufacturing,

technology, and product quality to meet diverse customer requirements. In the first half of 2026, it retained its position as the global leader in terms of comprehensive wafer market share, the largest market share for G12 wafers, and the largest total monocrystalline silicon production capacity. In photovoltaic cells and modules, TZE drew upon its technological prowess in wafer manufacturing to intensify innovation and R&D investment, delivering superior products and solutions to customers. Its acquisition of DAS Solar in July 2026 comprehensively upgraded the cell and module business across product technology, customer channels, and manufacturing capabilities. As China’s photovoltaic industry enters a period of far‑ reaching adjustment, TZE will accelerate its overseas expansion and industrial footprint, strengthen its product capabilities, and build differentiated advantages to navigate industry changes from a more competitive position.

Zhonghuan Advanced remained steadfast in its “Lead at Home, Compete Globally” strategy, establishing itself as one of China’s premier silicon materials enterprises with the most extensive scale, diverse product portfolio, and the most leading edge technology. Serving key global and domestic clients, its revenue from silicon wafers ranked first in China in the first half of 2026. The Company continuously boosted its production capacity for 12-inch large wafers, leading to a rapid surge in both production and sales volumes. In the first half of 2026, revenue from 12-inch large wafers maintained its leading position in China. The Company will continue to diversify its product and customer mix, and build differentiated competitive advantages around the strategic pillars of technology leadership, efficiency enhancement, and outstanding quality.

Technological and Ecological Leadership: Spearheading innovation and fostering extensive collaborations to secure a technological first-mover advantage

The Company has established a strategic foothold in core technologies (i.e., displays, new energy photovoltaics and other silicon materials) by capitalizing on its subsidiaries TCL CSOT and TZE. Through strategic partnerships with upstream and downstream industry players, the Company has built a robust global ecosystem for technology and innovation, and is steadily advancing its technological leadership in next-generation display technologies, G12 and N-type photovoltaic materials, as well as BC cells. The Company has applied for over 80,000 patents, and facilitated or participated in the establishment of more than 300 industry standards, underscoring its status as a preeminent high-tech enterprise. The Company has applied for over 3,200 patents in quantum dot display technology, ranking second globally, which will ensure the independent and controllable development of key technologies for next-generation displays. TCL TECH. has established 32 R&D centers worldwide, and has been certified with 9 national-level open innovation platforms and 33 provincial-level innovation platform qualifications.

Efficiency and Cost Leadership: Navigating cycles with industry-leading efficiency and effectiveness

Based on its scale and technological prowess, TCL TECH. has achieved efficiency and benefits which maintain its industry leadership through continuous management changes, digitalization upgrades, and AI applications. TCL CSOT has leveraged the synergy of its twin factories to optimize production line planning and maximize capacity expansion. Through management reforms and process optimizations, TCL CSOT strengthened end-to-end collaboration, resulting in improved overall operations efficiency and cost reduction. Furthermore, sustained investments in AI and digitalization propelled continuous advancements in product performance, quality, and effectiveness, establishing a formidable competitive edge in management within the industry.

While the new‑ energy photovoltaic industry continues to face numerous uncertainties stemming from global demand and policy shifts, TZE streamlines its end‑ to‑ end business processes through a series of management reforms. This has enabled the gradual build‑ out of global operational capabilities and integrated solution offerings. Through AI‑ empowered operations and smart‑ manufacturing development, the Company further elevates product performance and quality. By retaining its industry‑ leading efficiency and cost advantages, the Company is underpinned to smoothly navigate the industry’s significant adjustments and evolve into a premier global provider of new‑ energy photovoltaic solutions.

In addition, the Company places great importance on developing its dual-carbon and ESG systems. With the goal of reaching peak carbon emissions by 2030, it has established the necessary organizational structure and launched targeted carbon-reduction initiatives covering its factories, products, and supply chains.

Cultural Leadership: Guided by our core values of "change, innovation, accountability, and excellence", the Company is being driven to achieve industry leadership

In 2020, the Company inaugurated its corporate culture, as laid out in its strategic document The Path to Global Leadership. The Company has adopted a core mission centered around "leading technology, harmonious coexistence", underpinned by the core values of "change, innovation, accountability, and excellence". This cultural transformation has empowered TCL employees to embrace change, drive business optimizations and upgrades through active exploration and innovation, and guided TCL in dedicating itself to delivering superior products and services to its valued customers through accountability and the pursuit of excellence.

Confronting an increasingly complex and ever-changing external business environment, TCL employees will remain steadfast in the spirit and culture of "The Path to Global Leadership". Standing at the forefront of the industry and undeterred by challenges, we will collectively drive the Company toward new milestones and realize our vision of global leadership.

III. Analysis of Core Businesses

Overview The disclosure is consistent with the main businesses of the Company during the Reporting Period

☑ Yes □No See the relevant contents in “I. Main Businesses of the Company during the Reporting Period”. Year-on-year changes in key financial information

Unit: RMB

Significant changes to the profit structure or sources of the Company during the Reporting Period

□Applicable ☑ Not applicable No significant changes to the profit structure or sources of the Company during the Reporting Period. Breakdown of operating revenue

Unit: RMB

Operating division, product category, or region contributing over 10% of operating revenue or operating profit

☑ Applicable □Not applicable

Unit: RMB

IV. Analysis of Non-Core Businesses

☑ Applicable □Not applicable

Unit: RMB

V. Analysis of Assets and Liabilities

1. Significant Changes in Asset Composition

Unit: RMB

2. Major Assets Overseas

□Applicable ☑ Not applicable

3. Assets and Liabilities at Fair Value

☑ Applicable □Not applicable

Unit: RMB

Significant changes to the measurement attributes of the major assets in the Reporting Period

□Yes ☑ No

4. Restricted Asset Rights as of the Period-End

For details, please refer to “28. Assets with Restricted Ownership or Use Rights” under “V. Notes to Consolidated Financial Statements” in “Part VIII Financial Report.”

VI. Investments Made

1. Total Investment Amount

☑ Applicable □Not applicable

2. Major Equity Investments Made in the Reporting Period

☑ Applicable □Not applicable

Unit: RMB’000,000,000

Note: The industrial and commercial registration of the transfer of the 45% equity interest in Guangzhou China Star Optoelectronics Bandaoti Display Technology Co., Ltd. was completed on August 21, 2026. DAS Solar Co., Ltd. will be included in the Company’s scope of consolidation from Q3 2026.

3. Major Non-Equity Investments Ongoing in the Reporting Period

On September 11, 2025, the Company convened the 14th meeting of the 8th Board of Directors, at which the Proposal on Investment in and Construction of the Generation 8.6 Printed OLED Production Line Project was reviewed and approved. To secure a strategic position for China in the new competitive landscape of the global display industry, drive the industry's frontier technology exploration and commercialization, and realize the Company's industrialization of high-generation printed OLED, the Company, together with TCL CSOT, the Guangzhou Municipal Government, and the Guangzhou Economic and Technological Development Zone Administration, signed a project cooperation agreement. The project entails the construction of an 8.6‑ generation printed OLED panel line with a planned capacity of approximately 22,500 sheets per month (substrate size: 2290mm × 2620mm).

Construction of the Generation 8.6 printed OLED production line officially commenced on October 21,

1. As of the end of the Reporting Period, the main structure had been topped out, and the production line is expected to officially commence production in Q4 2027.

4. Financial Assets Investments

(1) Securities Investments

☑ Applicable □Not applicable

Unit: RMB'0,000

(2) Investments in Derivative Financial Instruments

☑ Applicable □Not applicable

1) Derivative investments for hedging purposes made during the Reporting Period

☑ Applicable □Not applicable

Unit: RMB'0,000

2) Derivative investments for speculative purposes during the Reporting Period

□Applicable ☑ Not applicable

There were no derivative investments for speculative purposes made by the Company during the Reporting Period.

5. Use of the capital raised

☑ Applicable □Not applicable

(1) General Information about the Use of Capital Raised

☑ Applicable □Not applicable

Full Text of the 2026 Interim Report of TCL Technology Group Corporation

Unit: RMB'0,000

Use of the Capital Raised:

Upon the CSRC registration approval (CSRC Approval [2025] No. 2369), the Company issued corporate bonds not exceeding RMB 10 billion to professional investors in installments. During the Reporting Period, the net proceeds from the Sci-Tech Innovation Corporate Bonds (Digital Economy) Publicly Offered by TCL Technology Group Corporation to Professional Investors (Phase I) (Type II) were fully received on May 22, 2026. As of the disclosure date, all proceeds raised have been fully utilized, and the actual use of proceeds is consistent with the intended use as stated in the prospectus.

(2) Promised Use of Capital Raised

• □Applicable ☑ Not applicable Whether the Company has any excess capital raised
• □Yes ☑ No

(3) Changes in projects funded by capital raised

□Applicable ☑ Not applicable No such cases in the Reporting Period.

30

VII. Sale of Major Assets and Equity Investments

1. Sale of Major Assets

□Applicable ☑ Not applicable

The Company did not dispose of any major assets during the Reporting Period.

1. Sale of Major Equity Investments

□Applicable ☑ Not applicable

VIII. Principal Subsidiaries and Joint Stock Companies

☑ Applicable □Not applicable Principal subsidiaries and joint stock companies with an over 10% effect on the Company's net profits

Unit: RMB'0,000

Acquisition and disposal of subsidiaries in the Reporting Period

☑ Applicable □Not applicable

Note: On April 1, 2026, Maxeon Solar Technologies, Ltd., a subsidiary of the Company’s subsidiary TZE, and its subsidiary Maxeon Solar Pte. Ltd. voluntarily filed a joint application with the High Court of Singapore for judicial management proceedings. Now, Maxeon Solar Technologies Ltd. and its subsidiary Maxeon Solar Pte Ltd. are under the administration of Deloitte Singapore SR&T Restructuring Services Pte. Ltd. (“Deloitte”) and are not included in the Company’s consolidated financial statements.

Explanation of Principal Subsidiaries and Joint Stock Companies: None

IX. Structured Bodies Controlled by the Company

☑ Applicable □Not applicable

As of the end of the Reporting Period, the Group had included four structured entities within its scope of consolidation, comprising trust plans and securities firms’ asset management products controlled by the Group. Of these, three structured entities were added in the current year, corresponding to entrusted wealth‑ management products arranged by financial institutions on behalf of the Group

• as sole principal. For details, please refer to the section on entrusted wealth management. As the manager and an investor in the structured entity, the Group has relevant management power over the structured entity, is exposed to variable returns, and has the ability to use its power to influence those returns.

X. Risks and Responses

1. Risks from the Macro-Political and Economic Environment

Against a backdrop of increasingly divergent global growth, persistent geopolitical tensions, mounting trade protectionism, and accelerating regionalization, uncertainty in the global business environment remained elevated. Meanwhile, continued volatility in global exchange rates and financial markets heightened the risks facing the Company’s overseas operations. In response, the Company will closely monitor changes in macroeconomic policies, establish risk monitoring and early-warning mechanisms, identify exposures arising from tariffs, exchange-rate fluctuations, and other factors, and develop targeted contingency plans. Guided by its goal of global leadership, the Company will remain focused on its core businesses, pursue technology-driven innovation, strengthen its competitiveness, and enhance commercial value and returns, thereby improving its resilience to macroeconomic volatility.

1. Risks from Industry Prosperity Fluctuations

Panel prices remained volatile in 2026, while the photovoltaic industry faced intense cut‑ throat competition.

Notwithstanding sustained industry adjustments, no material improvement was yet observed. The Company will diligently monitor shifts in industry supply and demand and optimize capacity allocation. At the same time, it will increase its investment in R&D to continuously raise the technological content of its products. This strategic approach will allow the Company to expand its scale and efficiency advantages, thereby building high competitive barriers and strengthening its market position.

1. Risks from Global Supply Chain Volatility

Geopolitical tensions and surging AI demand continued to place pressure on the stability of global supply chains. Rising prices for major raw materials also presented challenges to delivery reliability and pricing. Meanwhile, amid a challenging market environment and continued price compression, some small- and mediumsized suppliers have contracted or ceased operations, resulting in potential supply disruptions. To safeguard the resilience and security of its global supply chain, the Company will remain committed to its globalization strategy, deepen the development of local supply chains, and continue strengthening its ability to respond to supply-chain risks. It will also enhance supply stability through strategic partnerships, buffer inventories, and other measures, while establishing monitoring and early-warning mechanisms for upstream supply risks to enable their timely identification and effective mitigation.

1. Intellectual Property and Compliance Risks

As the Company continues to expand its business scale and technological footprint, patent disputes have become more frequent and intellectual property risks increasingly pronounced. To address this, the Company will accelerate substantial R&D investments, refining our core technologies and patent portfolio through a “selfdevelopment + ecosystem collaboration” model. The Company will continue to improve its intellectual property management and protection mechanisms, strengthen patent risk assessments, enhance its patent risk monitoring and early-warning systems, and comprehensively improve its ability to address intellectual property risks.

In addition, robust compliance systems are becoming increasingly important to the Company’s overseas operations. The Company will strengthen its compliance framework by implementing a system designed to meet the export control regulations of all key global markets. These efforts include streamlining compliance procedures, implementing rigorous employee training programs, fostering compliance awareness and culture, and collaborating closely with local partners to proactively manage compliance risk.

XI. Formulation and Implementation of the Rules for Market Value Management and Valuation Enhancement Plan

Whether the Company has formulated the Rules for Market Value Management

☑ Yes □No Whether the Company has disclosed the valuation enhancement plan

□Yes ☑ No

On December 27, 2024, the Proposal on Formulating the Rules for Market Value Management was deliberated on and adopted at the 7th Meeting of the 8th-term Board of Directors. To strengthen the Company's market value management, further standardize its market value management practices, effectively enhance the Company's investment value, increase investor returns, and protect the legitimate rights and interests of the Company, the investors and other stakeholders, the Company has formulated the Rules for Market Capitalization Management in accordance with the Company Law, the Securities Law, the Several Opinions of the State Council on Strengthening Regulation to Prevent Risk and Promoting the High-quality Development of the Capital Market, the Administrative Measures for the Information Disclosure by Listed Companies, the Guidelines for the Regulation of Listed Companies No. 10 – Market Value Management, and other related provisions.

The Company firmly upholds the principle of shareholder returns, taking measures to protect investor interests, especially those of minority shareholders. It upholds ethical operations, regulatory compliance, and a focused approach to core business, ensuring prudent management. By developing advanced capabilities, the Company continuously enhances operational efficiency and quality growth. Additionally, the Company prioritizes strong investor relations, enhancing transparency and communications to ensure investment value reflects its core strengths, while proactively strengthening investor confidence.

During the Reporting Period, the Company reviewed and approved the Shareholder Dividend Payout Plan for the Next Three Years (2026–2028), which stipulates that the profits distributed in cash each year shall be no less than 30% of the net profit attributable to shareholders of the parent company for that year. During the Reporting Period, the Company also introduced the Partner Stock Ownership Plan for management personnel. Shares held by management under the Plan are subject to a five-year lock-up period, with their release linked to the Company’s performance assessment. This arrangement further aligns the interests of management with those of the Company and all its shareholders.

XII. Implementation of the "Joint Improvement of Quality and Investment Return" Action Plan

Whether the Company has disclosed the "Joint Improvement of Quality and Investment Returns" Action Plan Announcement.

☑ Yes □No

To better implement the guidance on enhancing the quality and investment value of listed companies, the Company has developed the "Joint Improvement of Quality and Investment Returns" Action Plan, which is based on in-depth research on industry trends and careful consideration of our future business trajectory. In addition, the Company has disclosed the progress report on the "Joint Improvement of Quality and Investment Returns" Action Plan in combination with the implementation. For more details, please see the Notice on Promoting the Joint Improvement of Quality and Investment Returns Action Plan and the Progress Report on the Joint Improvement of

Quality and Investment Returns Action Plan disclosed on February 28, 2024, and May 8, 2024, respectively.

Focusing on its core businesses in displays, new energy photovoltaics, and silicon materials, the Company remains anchored in its goal of “Global Leadership” and committed to the operating philosophy of “Strategic Leadership, Innovation-Driven, Advanced Manufacturing, and Global Operations.” It will continue to consolidate its industry position and pursue sustainable, high-quality development. Motivated by confidence in the Company’s future development and a commitment to protecting the interests of all shareholders, bolstering investor confidence, and stabilizing and enhancing the Company’s investment value, the Proposal on Repurchase of a Portion of the Company’s Publicly Traded Shares in 2026 was approved at the 23rd meeting of the Eighth Board of Directors on June 1, 2026. The Company planned to repurchase a portion of its publicly issued shares through centralized bidding on the Shenzhen Stock Exchange trading system. The total amount of the repurchase was set at no less than RMB 1.10 billion (inclusive) and no more than RMB 1.20 billion (inclusive), with a price cap of RMB 6.51 per share (inclusive). The repurchased shares will be used for the Company’s employee stock ownership plan and/or equity incentive plan. If the shares are not used within 36 months after the completion of the repurchase, the unused portion will be canceled in accordance with relevant procedures.

In 2025, the Company achieved significant growth in net profit attributable to shareholders of the listed company, with net cash flow from operating activities showing steady improvement and various tasks progressing in an orderly manner. The Company remains committed to delivering shareholder value and adheres to a prudent dividend policy. Under its 2025 profit distribution plan, a cash dividend of RMB 0.9 per 10 shares (tax inclusive) will be distributed to all shareholders, enabling them to benefit from the Company’s value growth.

Part IV Corporate Governance, Environment and Social Responsibility

I. Changes in Directors and Senior Management

☑ Applicable □Not applicable

II. Interim Dividend Plan and Conversion from Capital Reserves into Share Capital during the Reporting Period

□Applicable ☑ Not applicable The Company does not propose to pay interim cash dividends, issue bonus shares or convert capital reserves into share capital for this interim period.

III. Equity Incentive Plans, Employee Stock Ownership Plans or Other Incentive Measures for Employees

☑ Applicable □Not applicable

1. Equity Incentives

□Applicable ☑ Not applicable

2. Implementation of Employee Stock Ownership Plan

☑ Applicable □Not applicable All the valid employee stock ownership plans during the Reporting Period

• Note 1: On June 1, 2026, the Company convened the 23rd meeting of the Eighth Board of Directors, and on June 22, 2026, it convened the Second Extraordinary General Meeting for 2026. At these meetings, the Proposal on Adjusting Matters Relating to the Company’s 2025 Employee Stock Ownership Plan and related proposals were reviewed and approved. To improve its long-term incentive and restraint mechanisms and provide differentiated, targeted incentives to employee groups with different roles and incentive objectives, the Company decided to restructure the 2025 Employee Stock Ownership Plan into two sub-plans: the 2025 Partner Stock Ownership Plan, applicable to key management personnel, and the 2025 Medium- and Long-Term Employee Stock Ownership Plan, applicable to middle management and outstanding key employees. Accordingly, the Company formulated the following documents: the 2025 Employee Stock Ownership Plan (Partner Stock Ownership Plan) of TCL Technology Group Corporation (Revised Draft) and its summary, and the Administrative Measures for the 2025 Employee Stock Ownership Plan (Partner Stock Ownership Plan) of TCL Technology Group Corporation; as well as the 2025 Employee Stock Ownership Plan (Medium- and Long-Term Employee Stock Ownership Plan) of TCL Technology Group Corporation (Revised Draft) and its summary, and the Administrative Measures for the 2025 Employee Stock Ownership Plan (Medium- and Long-Term Employee Stock Ownership Plan) of TCL Technology Group Corporation. The 2025 Medium- and Long-Term Employee Stock Ownership Plan will continue to use the dedicated securities account and trading qualifications already established for the 2025 Employee Stock Ownership Plan. The transfer/purchase of the underlying shares for the 2025 Partner Stock Ownership Plan has not yet been completed.
• Note 2: The transfer/purchase of the underlying shares for the Plan has not yet been completed.
• Note 3: During the Reporting Period, all shares held under the 2021-2023 Employee Stock Ownership Plan (Phase III) that satisfied the vesting conditions were vested in the holders. The corresponding shares repurchased by the Company in accordance with the relevant arrangements were recently sold in full. Shareholdings of Directors and Senior Management under the Employee Stock Ownership Plan during the Reporting Period

Changes of asset management institutions during the Reporting Period

• □Applicable ☑ Not applicable Changes of equity caused by the holder’s disposal of shares during the Reporting Period
• □Applicable ☑ Not applicable Exercise of shareholder rights during the Reporting Period
• □Applicable ☑ Not applicable During the Reporting Period, the Company’s ESOP participants exercised their shareholder rights to receive the profit distribution for 2025, but did not participate in voting at the general meeting or exercise other shareholder rights.

• Other relevant information and explanations of the Employee Stock Ownership Plan during the Reporting Period.
• □Applicable ☑ Not applicable Changes in the members of the management committee for Employee Stock Ownership Plan
• □Applicable ☑ Not applicable

Financial impact of the Employee Stock Ownership Plan on the Company during the Reporting Period and related accounting treatment

☑ Applicable □Not applicable The financial, accounting treatment and taxation involved in the Company’s Employee Stock Ownership Plan (ESOP) shall be implemented according to relevant laws, regulations and normative documents such as financial systems, accounting standards, and taxation systems. Holders of the shareholding plan shall pay individual income tax arising from their participation in the plan according to law, and may choose to have the shareholding plan sell a corresponding amount of shares to cover individual income tax, with the remaining shares attributed to the individuals. Termination of Employee Stock Ownership Plan during the Reporting Period

☑ Applicable □Not applicable During the Reporting Period, all shares held under the 2021-2023 Employee Stock Ownership Plan (Phase I), the 2021-2023

• Employee Stock Ownership Plan (Phase II), and the 2021-2023 Employee Stock Ownership Plan (Phase III) that satisfied the vesting conditions were vested in the holders. The corresponding shares repurchased by the Company as per the agreement have been fully disposed of. The aforementioned Employee Stock Ownership Plans were fully implemented and terminated ahead of schedule. For details, please refer to the Announcement on the Implementation Progress of the Employee Stock Ownership Plans disclosed by the Company through designated media on July 3, 2026. Other instructions: none

3. Other Employee Incentives

□Applicable ☑ Not applicable

IV. Environmental Information Disclosure

Whether the listed company and its major subsidiaries are included in the list of enterprises required to disclose environmental information in accordance with laws

☑ Yes □No

V. Social Responsibility

Semi-Annual Summary of Work on Consolidating and Expanding Achievements in Poverty Alleviation & Promoting Rural Revitalization

Rural education provides strategic support for rural revitalization. The TCL Public Welfare Foundation launched the “TCL PV Low-Carbon Campus” project, providing green energy support to rural education by donating rooftop photovoltaic power generation systems along with the income they generate over their 25-year life cycle. To further advance “Project Hope in the New Era” and extend the reach of education assistance, the Foundation partnered with the China Youth Development Foundation to implement the “TCL Project Hope PVenabled Low-Carbon Campus Program,” thereby continuously empowering the sustainable development of rural education. To date, 35 “TCL PV-enabled Low-Carbon Campuses” have been donated and constructed across China, with a total installed capacity of 2,054.65 kW. Over their 25-year life cycle, these systems are expected to generate approximately 61.91 million kWh of electricity, equivalent to planting approximately 2.76 million trees. During the Reporting Period, the project team conducted extensive field research in Chongqing, Henan, Hubei, and other regions, carrying out targeted assessments of local schools and students to lay a solid foundation for the high-quality expansion of the low-carbon campus initiative.

To advance education, the "TCL University Donation Program"—launched in 2022—has provided support to eight universities, including South China University of Technology and Xidian University. To date, the program has funded 54 TCL Young Scholars and 66 Science and Technology Innovation Fund projects. During the Reporting Period, an additional 11 young scholars and 6 innovation fund projects received support. In addition, TCL invests RMB 2 million annually in the Distinguished Speaker Series under the "SUSTech–TCL Innovation and Entrepreneurship Lecture Program." Leading experts and scholars, including Mao Daqing and Ma Guangyuan, were recently invited to deliver eight high-quality thematic lectures, continuing to inspire innovation among young people.

During the Reporting Period, the TCL Public Welfare Foundation stayed firmly committed to strengthening rural infrastructure, fostering local industries, and enhancing early childhood care and development. It disbursed

• RMB 3.95 million in dedicated funding and adopted a range of measures to support rural revitalization and integrated urban-rural development. At the implementation level, the Foundation directed funding to key regions and priority projects, providing RMB 2 million to the Jiexi County Charity Federation, RMB 1 million to the China Development Research Foundation’s “Sunshine Starting Line Program” in Haidong, Qinghai, RMB 500,000 to a rural revitalization project in Yugan County, Jiangxi, and RMB 250,000 to projects in Huizhou. It also invested RMB 200,000 through the “TCL Public Welfare Ecological Forest” project to support plateau ecological restoration in the Sanjiangyuan region. The Foundation also continued to broaden the scope of its philanthropic activities, incubating and implementing 20 outstanding public welfare projects through the “TCL

Rose Initiative - Public Welfare Creativity Competition.” Six of these projects were dedicated to rural revitalization, focusing on children’s education, sports development, and environmental protection, while ensuring that the benefits of these philanthropic initiatives reached a wider range of communities.

Part V Significant Events

I. Commitments fulfilled during the Reporting Period and outstanding commitments as of the end of the Reporting Period by the Company’s actual controller, shareholders, related parties, acquirers, the Company itself, and other relevant commitment parties

□Applicable ☑ Not applicable

During the Reporting Period, there were no commitments that were made by the Company, its actual controller, shareholders, related parties, acquirers, and other relevant parties to be fulfilled within the Reporting Period or remained overdue and unfulfilled as at the end of the Reporting Period.

II. Occupation of the Company’s funds by the Controlling Shareholder or any of Its Related Parties for Non-Operational Purposes

□Applicable ☑ Not applicable No such cases in the Reporting Period.

III. Irregularities in the Provision of Guarantees

□Applicable ☑ Not applicable No such cases in the Reporting Period.

IV. Engagement and Disengagement of Independent Auditor

Whether the interim financial report has been audited

□Yes ☑ No The Interim Report has not been audited.

V. Explanation of the Board of Directors on the “Non-Standard Auditor’s Report” for the Reporting Period

□Applicable ☑ Not applicable

VI. Explanation of the Board of Directors on the “Non-Standard Auditor’s Report” for the Previous Year

□Applicable ☑ Not applicable

VII. Insolvency and Reorganization

□Applicable ☑ Not applicable No such cases in the Reporting Period.

VIII. Lawsuits

Significant lawsuits and arbitrations

□Applicable ☑ Not applicable No such cases in the Reporting Period.

IX. Punishments and Rectifications

□Applicable ☑ Not applicable No significant punishments or rectifications in the Reporting Period.

X. Credit Quality of the Company as well as its Controlling Shareholder and Actual Controller

□Applicable ☑ Not applicable

XI. Major Related-Party Transactions

1. Recurring Related-Party Transactions

☑ Applicable □Not applicable

For the Company's recurring related-party transactions during the Reporting Period, please refer to the related announcements disclosed on www.cninfo.com.cn.

2. Related-Party Transactions Regarding Purchase or Disposal of Assets or Equity Interests

□Applicable ☑ Not applicable

During the Reporting Period, there were certain related-party transactions regarding purchase or disposal of assets or equity investments. Please refer to the index in Item 7 of this Section XI Major Related-Party Transactions.

3. Related-Party Transactions Regarding Joint Investments in Third Parties

□Applicable ☑ Not applicable During the Reporting Period, there were no major related-party transactions regarding joint investments in third parties.

4. Amounts Due to and from Related Parties

☑ Applicable □Not applicable Indicate whether there were any amounts due to and from related parties for non-operating purposes

□Yes ☑ No During the Reporting Period, the Company had no amounts due to and from related parties for non-operating purposes.

5. Transactions with Related-party Finance Companies

□Applicable ☑ Not applicable The Company had no deposits, loans, credit granting or other financial business with the related-party finance companies.

6. Transactions Between the Financial Company Controlled by the Company and Related Parties

☑ Applicable □Not applicable Deposits

Loans

Credit or other financial business

Note: At the 2024 Annual General Meeting, the Company reviewed and approved the Proposal on Continuing to Provide Financial Services to Related Parties and Renewing the Financial Services Agreement for Related-Party Transactions. The agreement shall remain valid from the date of its approval at the 2024 Annual General Meeting until the date on which a similar proposal is approved at the Company’s next general meeting.

7. Other Major Related-Party Transactions

☑ Applicable □Not applicable Related inquiries on the website for interim disclosure of major related-party transactions

XII. Major Contracts and Execution thereof

1. Entrustment, Contracting, and Leases

• (1) Entrustment

□Applicable ☑ Not applicable

During the Reporting Period, the Company had no entrusted projects that generated profits or losses representing 10% or more of the net profit attributable to shareholders of the parent company for the Reporting Period.

• (2) Contracting

□Applicable ☑ Not applicable

During the Reporting Period, the Company had no contracting projects that generated profits or losses representing 10% or more of the net profit attributable to shareholders of the parent company for the Reporting Period.

• (3) Leases

□Applicable ☑ Not applicable

During the Reporting Period, the Company had no lease projects that generated profits or losses representing 10% or more of the net profit attributable to shareholders of the parent company for the Reporting Period.

2. Major Guarantees

☑ Applicable □Not applicable

Unit: RMB'0,000

Note: (1) The guarantee period in the above table is the remaining guarantee period of the principal debt. The actual guarantee is valid for two or three years from the expiration date of the principal debt, which is subject to the single contract.

• (2) In the table above, Shenzhen China Star Optoelectronics Bandaoti Display Technology Co., Ltd., a subsidiary controlled

by the Company, was jointly guaranteed by the Company and its subsidiary, TCL China Star Optoelectronics Technology Co., Ltd., in an external syndicated loan, in which the Company provided a certain percentage of guarantee, while TCL China Star Optoelectronics Technology Co., Ltd. provided full guarantee. As at the end of the Reporting Period, the debt portion under joint guarantee amounted to RMB 3,541.33 million. The joint guarantee has been filled in the "Company's Guarantee for Subsidiaries" and "Guarantee Among Subsidiaries", respectively.

• (3) In the table above, the Company’s guarantee balance in respect of TCL CSOT includes the relevant amounts in relation to

liquidity support provided by the Company to China Development Bank New Policy Financial Instruments Co., Ltd. and other entities.

• (4) On July 12, 2026, the Company reallocated the guarantee limits provided for its controlled subsidiaries based on their

business needs. Details are as follows: the guarantee limit of RMB 600 million provided to LumeTech Energy S.J.S.C. and the guarantee limit of RMB 900 million provided to LumeTech PTE Ltd, totaling RMB 1.5 billion, were reallocated to their parent company, TCL Zhonghuan Renewable Energy Technology Co., Ltd. Following the reallocation, the Company’s guarantee limit for TZE amounts to RMB 5.9 billion, with the scope of the guarantee covering guarantees provided for its public bond issuance, financing, and other matters.

The Company has performed internal review procedures for the above-mentioned guarantee reallocation. It’s found that they did not violate the legal provisions on listed companies, and complied with the relevant requirements of the Announcement on Providing Guarantees for Subsidiaries in 2026 reviewed and approved at the 2025 Annual General Meeting held on April 24, 2026.

Explanation of guarantees provided in composite forms: Not applicable

3. Entrusted Wealth Management

☑ Applicable □Not applicable

Unit: RMB'0,000

Details of the Company’s role as a sole settlor in entrusting financial institutions for asset management, or its investments in highrisk entrusted wealth management with low security and poor liquidity

☑ Applicable □Not applicable

Unit: RMB'0,000

4. Other Major Contracts

□Applicable ☑ Not applicable The Company did not have any other major contracts that should be disclosed during the Reporting Period.

XIII. Record of Communications with the Investment Community, such as Research, Inquiries, and Interviews during the Reporting Period

☑ Applicable □Not applicable

XIV. Other Significant Events

☑ Applicable □Not applicable

• 1. Acquisition of a 45.00% equity interest in Guangzhou China Star Optoelectronics Bandaoti Display Technology Co., Ltd. through share issuance and cash payment

On March 31, 2026, the Company disclosed the Report (Draft) on Asset Purchase via Share Issuance and Cash Payment and Raising of Supporting Funds of TCL Technology Group Corporation. The Company proposes to acquire, through share issuance and cash payment, the 45% equity interest in Guangzhou CSOT Bandaoti held by Guangdong Hengjian Investment Holding Co., Ltd., Guangzhou Chengfa Xingguang Investment Partnership (Limited Partnership) and Science City (Guangzhou) Investment Group Co., Ltd., and to raise supporting funds concurrently.

On April 24, 2026, the Company convened the 2025 Annual General Meeting, at which the aforementioned matters were reviewed and approved.

On April 29, 2026, the Company received the Notice on Acceptance of the Application Documents of TCL Technology Group Corporation for Asset Purchase via Share Issuance and Raising of Supporting Funds issued by the Shenzhen Stock Exchange.

On June 1, 2026, the Board reviewed and approved the Proposal on Canceling the Raising of Supporting Funds for the Asset Purchase via Share Issuance. Taking into account the interests of all shareholders and the sustained positive momentum in the Company’s operations and development, the Company decided to voluntarily cancel the arrangement for raising supporting funds for the asset purchase via share issuance. The cash consideration will instead be paid from the Company’s own or self-raised funds.

On July 24, 2026, the Merger and Acquisition Review Committee of the Shenzhen Stock Exchange approved the Company’s acquisition of the 45% equity interest in Guangzhou CSOT Bandaoti through share issuance and cash payment.

On August 19, 2026, the Company received the Reply on Approving the Registration of TCL Technology Group Corporation’s Asset Purchase via Share Issuance (CSRC Permit [2026] No. 2116) issued by the China Securities Regulatory Commission.

On August 21, 2026, the industrial and commercial registration for the transfer of the 45% equity interest in Guangzhou China Star Optoelectronics Bandaoti Display Technology Co., Ltd. was completed. The newly issued shares will be listed on August 31, 2026.

2. Implementation of the Partner Stock Ownership Plan

On June 1, 2026, the Board reviewed and approved the Proposal on Adjustments to Matters Relating to the Company’s 2025 Employee Stock Ownership Plan, the Proposal on the 2026 Partner Stock Ownership Plan of TCL Technology Group Corporation (Draft) and Its Summary, and other related proposals. To strengthen the alignment of key management personnel’s interests with the Company’s long-term development and effectively promote shared benefits and responsibilities, the Company implemented the Partner Stock Ownership Plan for directors, senior management, and other management personnel at specified levels. The vesting arrangements under the Partner Stock Ownership Plan were changed from “a one-year lock-up period followed by vesting/unlocking over two years” to “a five-year lock-up period followed by a one-time release upon expiry.” The Partner Stock Ownership Plan will also act in concert with the Company's largest shareholder.

On June 22, 2026, the aforementioned matters were reviewed and approved at the Second Extraordinary General Meeting of 2026. The related work is progressing in an orderly manner.

XV. Significant Events of the Company’s Subsidiaries

□Applicable ☑ Not applicable

Part VI Changes in Shares and Information about Shareholders

I. Changes in Shares

1. Changes in shares

Unit: share

Reasons for changes in shares

☑ Applicable □Not applicable

• 1. During the Reporting Period, the 1,035,489,574 restricted shares issued by the Company in 2025 in connection with its asset

purchase via share issuance and cash payment and raising of supporting funds were released from trading restrictions and listed for

trading on February 24, 2026. The number of non-restricted shares increased accordingly.

• 2. During the Reporting Period, locked-up shares held by senior management increased by 3,499,685 restricted shares, while the

number of non-restricted shares decreased accordingly.

Approval of changes in shares

□Applicable ☑ Not applicable Transfer of share ownership

☑ Applicable □Not applicable

Note: On July 10, 2026, the Company disclosed the Announcement on the Implementation Progress of the Employee Stock

Ownership Plans and Completion of the Non-Trading Transfer of Certain Shares Vested in the Holders. The Company completed the

second non-trading transfer under the 2021–2023 Employee Stock Ownership Plan (Phase III), involving 26,973,002 shares in total,

representing 0.13% of the Company’s total share capital. Of these, 1,985,472 shares were transferred to the Company’s directors and

senior management through non-trading transfer, and 24,987,530 shares were transferred to other holders through non-trading

transfer. The Company also completed the first non-trading transfer under the 2024 Employee Stock Ownership Plan, involving

45,319,634 shares in total, representing 0.22% of the Company’s total share capital. Of these, 2,476,093 shares were transferred to

the Company’s directors and senior management through non-trading transfer, and 42,843,541 shares were transferred to other

holders through non-trading transfer.

Progress on any share repurchase

☑ Applicable □Not applicable

Note: On July 3, 2026, the Company disclosed the Progress Announcement on the Repurchase of Publicly Traded Shares in 2026. As

of June 30, 2026, the Company had repurchased 82,167,590 shares through centralized bidding via its dedicated securities account

for share repurchases, representing approximately 0.40% of its total share capital. The highest and lowest transaction prices were

• RMB 4.93 and RMB 4.82 per share, respectively, and the total transaction amount was approximately RMB 400 million, exclusive of

transaction costs.

On July 18, 2026, the Company published the Announcement on the Proportion of Publicly Traded Shares Repurchased in 2026

Reaching 1% and the Completion of the Share Repurchase. From June 23 to July 17, 2026, the Company repurchased a total of

239,384,027 shares through centralized bidding via its dedicated securities account for share repurchases, representing approximately

• 1.15% of its total share capital. The highest and lowest transaction prices were RMB 5.49 and RMB 4.82 per share, respectively, and

the total transaction amount was approximately RMB 1.20 billion, exclusive of transaction costs. The actual funds used for the share

repurchase reached the maximum amount specified in the repurchase plan, and the implementation of the plan was therefore

completed.

Progress on reducing the repurchased shares by means of centralized bidding

• □Applicable ☑ Not applicable

Effects of changes in shares on the basic earnings per share, diluted earnings per share, net asset per share attributable to the Company's ordinary shareholders and other financial indicators of the prior year and the prior accounting period, respectively

• □Applicable ☑ Not applicable The Company’s total share capital did not change during the Reporting Period. Other information that the Company considers necessary or is required by the securities regulatory authorities to be disclosed
• □Applicable ☑ Not applicable

• 2. Changes in Restricted Shares

☑ Applicable □Not applicable

Unit: share

II. Issuance and Listing of Securities

☑ Applicable □Not applicable

Description of securities issuances during the Reporting Period

TCL Technology Group Corporation’s 2026 Public Offering of Sci-Tech Innovation Corporate Bonds (Digital Economy) to Professional Investors (Phase I) (Type 2), with the securities code “524812.SZ” and abbreviated securities name “26TCLK1,” had a total issue size of RMB 2 billion, a coupon rate of 1.95%, and a term of three years.

III. Total Number of Shareholders and Their Shareholdings

Unit: share

Participation of shareholders holding more than 5%, the top 10 shareholders, and the top 10 non-restricted shareholders in the lending of shares under the refinancing business

• □Applicable ☑ Not applicable

Change in the top 10 shareholders and the top 10 non-restricted shareholders due to securities lending/returning under refinancing as compared to the previous period

• □Applicable ☑ Not applicable

Indicate whether any of the top 10 ordinary shareholders or the top 10 non-restricted ordinary shareholders of the Company conducted any promissory repurchase transactions during the Reporting Period

• □Yes ☑ No No such cases in the Reporting Period.

IV. Change in Shareholdings of Directors and Senior Management

☑ Applicable □Not applicable

Note: The increase in the number of shares held by the Company’s directors and senior management during the Reporting Period resulted from the non-trading transfer to their securities accounts of shares corresponding to vested interests under the 2021–2023

• Employee Stock Ownership Plan (Phase III) and the 2024 Employee Stock Ownership Plan. For details, please refer to the Announcement on the Implementation Progress of the Employee Stock Ownership Plans and Completion of the Non-Trading Transfer of Certain Shares Vested in the Holders, published by the Company on designated media on July 10, 2026.

V. Change of the Controlling Shareholder or the Actual Controller

Change of the controlling shareholder in the Reporting Period

• □Applicable ☑ Not applicable Change of the actual controller in the Reporting Period
• □Applicable ☑ Not applicable

VI Preferred Shares

□Applicable ☑ Not applicable During the Reporting Period, the Company did not have preferred shares.

Part VII Bonds

☑ Applicable □Not applicable

I. Enterprise Bonds

□Applicable ☑ Not applicable No enterprise bonds in the Reporting Period.

II. Corporate Bonds

☑ Applicable □Not applicable

1. General Information on Corporate Bonds

Unit: RMB'0,000

• Note 1: The Sci-Tech Innovation Corporate Bonds (Digital Economy) Publicly Offered by TCL Technology Group Corporation to Professional Investors in 2024 (Phase III) (Type 1) have a term of 5 years and will expire on July 8, 2029. The bonds include the issuer's redemption option, the option to adjust the coupon rate, and the investor's put option at the end of the third year. If the issuer's call option or investors' put option is exercised, the maturity date of the exercised bonds shall be July 8, 2027.
• Note 2: The Sci-Tech Innovation Corporate Bonds (Digital Economy) Publicly Offered by TCL Technology Group Corporation to Professional Investors in 2024 (Phase II) have a term of 5 years and will expire on April 11, 2029. The bonds include the issuer's redemption option, the option to adjust the coupon rate, and the investor's put option at the end of the third year. If the issuer's call option or investors' put option is exercised, the maturity date of the exercised bonds shall be April 11, 2027.

Overdue bonds

□Applicable ☑ Not applicable

2. Triggering and implementation of issuer or investor option clauses and investor protection clauses

□Applicable ☑ Not applicable

3. Adjustments of credit rating results during the Reporting Period

□Applicable ☑ Not applicable

4. The implementation and changes of guarantees, debt repayment plans, and other safeguard measures regarding debt repayment during the Reporting Period, and their impact on the equity of bond investors

□Applicable ☑ Not applicable

III. Debt Financing Instruments of Non-Financial Enterprises

☑ Applicable □Not applicable

1. General information on debt financing instruments of non-financial enterprises

Unit: RMB'0,000

Overdue bonds

• □Applicable ☑ Not applicable

• 2. Triggering and implementation of issuer or investor option clauses and investor protection clauses

□Applicable ☑ Not applicable

• 3. Adjustments of credit rating results during the Reporting Period

□Applicable ☑ Not applicable

• 4. The implementation and changes of guarantees, debt repayment plans, and other safeguard measures regarding debt repayment during the Reporting Period, and their impact on the equity of bond investors

• □Applicable ☑ Not applicable

• IV. Convertible Corporate Bonds

□Applicable ☑ Not applicable During the Reporting Period, the Company did not have convertible corporate bonds.

• V. Consolidated loss of the Reporting Period Exceeding 10% of Net Assets of the last year-end

□Applicable ☑ Not applicable

• VI. Key Accounting Data and Financial Indicators of the Company for the Past Two Years as

• at the End of the Reporting Period

Full Text of the 2026 Interim Report of TCL Technology Group Corporation

Part VIII Financial Report

(For the period from January 1, 2026 to June 30, 2026)

• I. Auditor’s Report Whether the 2026 interim report has been audited or not?

□ Yes √ No The Company’s 2026 interim financial report has not yet been audited.

• II. Financial Statements

The unit of the notes to the financial report is: RMB’000

Consolidated Balance Sheet (RMB’000)

Note V June 30, 2026 December 31, 2025

Current assets

Monetary assets 1 23,149,621 30,460,060 Held-for-trading financial assets 2 18,350,671 14,473,193 Derivative financial assets 3 25,350 78,957 Notes receivable 4 634,337 480,225 Accounts receivable 5 19,982,086 22,153,003 Receivables financing 6 528,486 625,789 Prepayments 7 2,957,963 1,909,444 Other receivables 8 2,985,983 3,500,623 Inventories 9 22,977,466 18,370,708 Contract assets 10 380,944 385,576 Held-for-sale assets - 363,065 Non-current assets due within one year 11 1,536,827 1,564,945 Other current assets 12 8,151,975 8,411,624

Total current assets 101,661,709 102,777,212 Non-current assets

Debt investments 13 574,650 578,159 Long-term receivables 14 94,730 120,628 Long-term equity investments 15 24,224,710 23,349,193 Investments in other equity instruments 16 176,292 356,456 Other non-current financial assets 17 4,561,038 3,172,659 Investment properties 18 421,250 401,873 Fixed assets 19 157,724,421 165,003,156 Construction in progress 20 18,834,204 16,176,848 Right-of-use assets 21 4,297,808 6,189,174 Intangible assets 22 17,879,484 18,467,310 Development expenditures 23 1,048,597 1,204,955 Goodwill 24 11,478,778 11,409,749 Long-term deferred expenses 25 2,676,372 2,282,883 Deferred income tax assets 26 3,273,398 2,936,332 Other non-current assets 27 16,217,528 18,311,727

Total non-current assets 263,483,260 269,961,102 Total assets 365,144,969 372,738,314

Person-incharge of the financial department:

Person-in-charge of financial affairs: Li Jian

Legal representative: Li Dongsheng

Jing Chunmei

The attached notes to the financial statements form an integral part of the financial statements.

Consolidated Balance Sheet (Continued) (RMB’000)

Liabilities and shareholders' equity Note V June 30, 2026 December 31, 2025 Current liabilities

Short-term borrowings 29 10,889,509 7,552,523 Borrowings from the Central Bank 30 109,722 29,756 Customer deposits and deposits from other

31 242,294 364,714

banks and financial institutions

Held-for-trading financial liabilities 32 237,565 235,717 Derivative financial liabilities 33 137,277 50,435 Notes payable 34 8,746,702 6,465,600 Accounts payable 35 34,428,400 32,251,944 Advances from customers 36 5,795 6,823 Contract liabilities 37 1,994,629 2,009,842 Employee compensation payable 38 4,036,787 4,966,488 Taxes and levies payable 39 1,122,967 1,238,334 Other payables 40 16,785,612 17,715,638 Held-for-sale liabilities 41 - 71,510 Non-current liabilities due within one year 42 29,402,192 30,909,784 Other current liabilities 43 6,847,431 1,662,144

Total current liabilities 114,986,882 105,531,252 Non-current liabilities

Long-term borrowings 44 103,335,672 116,139,349 Bonds payable 45 9,981,860 7,981,874 Lease liabilities 46 3,788,755 4,148,598 Long-term payables 47 1,161,439 1,388,759 Long-term employee compensation payable 38 21,295 21,605 Deferred income 48 2,443,190 2,151,176 Deferred income tax liabilities 26 1,588,589 1,775,607 Provision 49 208,709 231,480 Other non-current liabilities 50 9,003 25,635

Total non-current liabilities 122,538,512 133,864,083 Total liabilities 237,525,394 239,395,335

Share capital 51 20,800,862 20,800,862 Other equity instruments 52 997,630 Capital reserves 53 13,334,533 14,155,725 Less: Treasury share 54 1,506,488 1,503,652 Other comprehensive income 55 (1,000,894) (1,042,359) Surplus reserves 56 4,096,815 4,096,815 Specific reserves 57 6,446 5,598 General risk reserve 58 8,934 8,934 Retained earnings 59 26,829,952 24,910,834

Total equity attributable to shareholders of the parent company

63,567,790 61,432,757

Non-controlling interests 64,051,785 71,910,222 Total shareholders’ equity 127,619,575 133,342,979 Total liabilities and shareholders' equity 365,144,969 372,738,314

Person-incharge of the financial department:

Person-in-charge of financial affairs: Li Jian

Legal representative: Li Dongsheng

Jing Chunmei

The attached notes to the financial statements form an integral part of the financial statements.

Consolidated Income Statement (RMB’000)

Note V January - June 2026 January - June 2025

• I. Total revenue 88,686,905 85,661,626 Including: Operating revenue 60 88,648,187 85,560,004

Interest income 61 38,718 101,622

Less: Operating cost 60 77,240,902 74,082,838 Interest expenditures 61 994 7,789 Taxes and levies 62 529,504 598,144 Sales expenses 63 1,208,258 1,163,965 Administrative expenses 64 2,352,226 2,200,559 R&D expenses 65 4,547,732 4,741,879 Financial expenses 66 2,334,063 2,141,282 Including: Interest expenses 2,033,917 2,555,367

Interest income 268,765 353,536

Add: Other income 67 819,234 1,238,502 Return on investment 68 2,193,723 831,296 Including: Return on investment in

joint ventures and associates

1,372,342 582,521

Exchange gain 61 972 207 Gain on changes in fair value 69 1,257,456 469,888 Credit impairment loss 70 (11,349) (25,391) Asset impairment loss 71 (2,328,103) (2,798,944) Asset disposal income 72 51,872 (3,019)

• II. Operating profit 2,457,031 437,709 Add: Non-operating income 73 19,590 29,825 Less: Non-operating expenses 74 178,162 119,957
• III. Gross profit 2,298,459 347,577 Less: Income tax expense 75 55,193 315,894
• IV. Net profits 2,243,266 31,683

• (I) Classification by business continuity

• 1. Net profits from continuing operations 2,243,266 31,683
• 2. Net profits from discontinued operations - -

• (II) Classification by ownership

• 1. Net profits attributable to shareholders of