GEM: 2026 Semi-annual Financial Statements
GEM Co., Ltd. 2026 Semi-annual Financial Statement
GEM Co., Ltd.
2026 Semi-Annual Financial Statements
August 2026
GEM Co., Ltd. 2026 Semi-annual Financial Statement
- Consolidated balance sheet
Prepared by: GEM Co., Ltd.
June 30, 2026
Unit: Yuan
Item Ending balance Beginning balance
Current assets:
Monetary funds 5,099,421,559.22 6,211,280,892.27 Settlement reserves
Loan funds
Trading financial assets 91,893,244.79 267,396,711.90 Derivative financial assets
Notes receivable 228,536,205.35 416,768,199.65 Accounts receivable 5,745,395,842.28 4,983,007,379.02 Receivables financing 243,504,881.05 61,569,752.06 Advance payments 4,307,171,197.23 4,525,417,252.93 Premiums receivable
Reinsurance accounts receivable
Receivable reinsurance contract reserves
Other receivables 1,079,035,160.95 1,245,657,519.12 Including: interest receivable
Dividends receivable
Buy financial assets under resale agreements
Inventory 11,297,496,147.95 10,042,859,180.26
Among them: data resources
contract assets
Assets held for sale
Non-current assets due within one year
Other current assets 1,340,515,559.45 1,444,294,866.52 Total current assets 29,432,969,798.27 29,198,251,753.73 Non-current assets:
Grant loans and advances
debt investment
Other debt investments
long-term receivables
Long-term equity investment 3,870,247,456.00 3,477,174,680.26 Other equity instrument investment 51,004,415.83 126,604,329.49 Other non-current financial assets 180,011,083.26 179,515,569.57 Investment real estate
Fixed assets 27,980,600,056.24 27,912,108,131.19 Construction in progress 7,181,920,821.55 7,334,343,064.01 Productive biological assets
GEM Co., Ltd. 2026 Semi-annual Financial Statement
oil and gas assets
Right-of-use assets 57,997,188.24 63,511,019.95 Intangible assets 2,389,726,127.67 2,822,713,744.22
Among them: data resources
Development expenditure 63,097,072.13 67,878,150.11
Among them: data resources
Goodwill 44,871,083.70 44,871,083.70 Long-term deferred expenses 131,035,959.02 55,159,640.88 Deferred income tax assets 174,531,676.67 191,961,630.24 Other non-current assets 1,801,644,157.70 2,658,625,365.05 Total non-current assets 43,926,687,098.01 44,934,466,408.67 Total assets 73,359,656,896.28 74,132,718,162.40 Current liabilities:
Short-term borrowings 4,960,889,470.65 6,370,047,636.90 Borrowings from the central bank
borrowing funds
Trading financial liabilities
Derivative financial liabilities
Notes payable 4,222,609,605.50 5,283,501,583.09 Accounts payable 3,018,975,646.28 2,988,439,584.20 Advance payments
Contract liabilities 1,762,596,047.08 740,789,560.89 Financial assets sold and repurchased
Taking deposits and placing deposits with other banks
Agent for buying and selling securities
Agent underwriting securities funds
Employee benefits payable 50,965,914.86 107,930,477.73 Taxes payable 60,761,153.93 239,207,306.55 Other payables 3,314,922,440.04 3,760,682,777.79 Including: interest payable
Dividends payable 608,023,338.79 126,518,400.00 Handling fees and commissions payable
Reinsurance accounts payable
Liabilities held for sale
Non-current liabilities due within one year 11,239,733,580.06 9,059,168,142.01 Other current liabilities 293,557,862.67 361,748,808.41 Total current liabilities 28,925,011,721.07 28,911,515,877.57 Non-current liabilities:
insurance contract reserves
Long-term borrowings 14,045,824,524.57 14,316,714,111.24 Bonds payable 1,008,978,877.01 500,803,768.49
Among them: preferred shares
GEM Co., Ltd. 2026 Semi-annual Financial Statement
perpetual bond
Lease liabilities 54,303,603.81 54,817,954.27 Long-term payables 2,148,126,631.66 2,350,891,909.59 Long-term employee benefits payable
Estimated liabilities 15,970,001.75 13,947,202.38 Deferred income 258,765,992.77 247,246,004.56 Deferred income tax liabilities 43,756,366.46 43,360,875.45 Other non-current liabilities 1,875,671,684.54 2,342,768,807.43 Total non-current liabilities 19,451,397,682.57 19,870,550,633.41 Total liabilities 48,376,409,403.64 48,782,066,510.98 Owners’ equity:
Share capital 5,102,359,661.00 5,115,548,607.00 Other equity instruments
Among them: preferred shares
perpetual bond
Capital reserve 8,196,127,766.94 8,559,784,814.70 Less: treasury shares 106,899,174.17 199,818,668.53 Other comprehensive income -25,160,316.99 83,846,796.05 Special reserves 72,651,535.04 47,633,738.51 Surplus reserve 322,374,781.57 254,815,934.33 General risk reserve
Undistributed profits 8,084,157,826.32 7,521,751,182.27 Total owners’ equity attributable to the parent company 21,645,612,079.71 21,383,562,404.33 Minority shareholders’ equity 3,337,635,412.93 3,967,089,247.09 Total owners’ equity 24,983,247,492.64 25,350,651,651.42 Total liabilities and owners’ equity 73,359,656,896.28 74,132,718,162.40 Legal representative: Xu Kaihua Person in charge of accounting work: Mu Mengang Head of accounting agency: Mu Mengang
- Balance sheet of the parent company
Unit: Yuan
Item Ending balance Beginning balance
Current assets:
Monetary funds 1,879,002,217.45 2,026,545,082.57 Trading financial assets
Derivative financial assets
Notes receivable
Accounts receivable 1,431,699,624.61 1,228,724,913.30 Accounts receivable financing 513,427.92 Prepayments 48,442,936.98 35,310,252.41 Other receivables 14,193,672,087.46 13,647,343,567.57 of which: interest receivable
Dividends receivable 400,000,000.00 Inventory 50,239,291.39 97,031,109.23
Among them: data resources
GEM Co., Ltd. 2026 Semi-annual Financial Statement
contract assets
Assets held for sale
Non-current assets due within one year
Other current assets 1,945,552.32 23,355,463.06 Total current assets 17,605,001,710.21 17,058,823,816.06 Non-current assets:
debt investment
Other debt investments
long-term receivables
Long-term equity investment 14,793,327,190.37 14,174,896,820.29 Other equity instrument investment 28,894,700.00 24,366,478.81 Other non-current financial assets 180,011,083.26 179,515,569.57 Investment real estate
Fixed assets 36,426,354.65 38,080,751.74 Construction in progress
productive biological assets
oil and gas assets
Right-of-use assets 41,032,206.06 43,333,077.42 Intangible assets 35,834,193.60 41,317,226.05
Among them: data resources
development expenditure
Among them: data resources
goodwill
Long-term deferred expenses 9,731,388.50 9,357,794.40 Deferred income tax assets 937,993.50 Other non-current assets 2,795,158.85 995,407.08 Total non-current assets 15,128,052,275.29 14,512,801,118.86 Total assets 32,733,053,985.50 31,571,624,934.92 Current liabilities:
Short-term borrowings 1,747,933,345.88 2,755,021,548.60 Trading financial liabilities
Derivative financial liabilities
Notes payable 1,182,330,000.00 2,058,710,734.22 Accounts payable 858,078,124.01 574,637,891.99 Advance payments
Contract liabilities 2,654.87 52,080.99 Employee benefits payable 4,074,709.36 15,135,868.00 Taxes payable 22,187,432.91 3,406,935.63 Other payables 2,089,666,608.75 1,408,943,103.36 including: interest payable
Dividends payable 483,474,138.79
Liabilities held for sale
GEM Co., Ltd. 2026 Semi-annual Financial Statement
Non-current liabilities due within one year 5,399,448,702.89 3,203,335,023.69 Other current liabilities 345.13 6,770.53 Total current liabilities 11,303,721,923.80 10,019,249,957.01 Non-current liabilities:
Long-term borrowings 5,933,671,981.04 6,738,377,985.09 Bonds payable 1,008,978,877.01 500,803,768.49 Including: preference shares
perpetual bond
Lease liabilities 40,240,935.92 40,997,208.10 Long-term payables 522,561,600.00 522,561,600.00 Long-term employee benefits payable
Estimated liabilities
Deferred income 4,700,000.00 4,700,000.00 Deferred income tax liabilities 620,412.73
Other non-current liabilities
Total non-current liabilities 7,510,773,806.70 7,807,440,561.68 Total liabilities 18,814,495,730.50 17,826,690,518.69 Owners’ equity:
Share capital 5,102,359,661.00 5,115,548,607.00 Other equity instruments
Among them: preferred shares
perpetual bond
Capital reserve 7,777,790,862.14 7,880,552,415.89 Less: treasury shares 106,899,174.17 199,818,668.53 Other comprehensive income -79,383.16 -4,619,893.73 Special reserves
Surplus reserve 322,374,781.57 254,815,934.33 Undistributed profits 823,011,507.62 698,456,021.27 Total owners’ equity 13,918,558,255.00 13,744,934,416.23 Total liabilities and owners’ equity 32,733,053,985.50 31,571,624,934.92
- Consolidated income statement
Unit: Yuan
Project Half-year 2026 Half-year 2025
- Total operating income 17,986,991,903.42 17,560,738,616.46 Including: operating income 17,986,991,903.42 17,560,738,616.46 Interest income
Premiums earned
Fee and commission income
- Total operating costs 17,333,610,940.06 16,835,542,456.62 Including: operating costs 15,553,045,953.64 15,369,435,401.40 Interest expenses
Handling fees and commission expenses
surrender deposit
GEM Co., Ltd. 2026 Semi-annual Financial Statement
Net compensation expenses
Net withdrawal of insurance liability reserves
policy dividend payout
Reinsurance cost
Taxes and surcharges 68,795,339.78 59,493,465.81 Sales expenses 52,876,742.88 55,956,195.10 Management expenses 491,068,187.03 456,310,952.66 Research and development expenses 632,071,112.31 510,860,233.35 Financial expenses 535,753,604.42 383,486,208.30 Including: interest expenses 394,645,048.57 338,248,200.02
Interest income 28,106,166.51 25,574,779.50 plus: other income 142,822,058.04 111,285,453.09 investment income (losses are filled in with "-"
638,414,212.02 166,096,426.28 columns)
Of which: for associates and joint ventures
48,880,978.29 27,878,597.20 Enterprise’s investment income
Measured at amortized cost
Income from derecognition of financial assets
Exchange gains (losses are filled in with "-"
column)
Net exposure hedging gain (losses indicated by “—”
(Fill in the number)
Gains from changes in fair value (losses represented by “—
40,385,122.13 -59,693,254.85” (number)
Credit impairment losses (losses are marked with “—”
-65,665,424.46 41,933,025.11 fill in the column)
Asset impairment losses (losses are marked with “—”
-17,875,688.47 -39,955,952.43 fill in the column)
Income from asset disposal (losses are marked with “—”
-58,098,387.94 6,339,663.92 fill in the column)
- Operating profit (losses are listed with "-") 1,333,362,854.68 951,201,520.96 Plus: non-operating income 1,773,516.77 10,244,393.58 Less: non-operating expenses 13,821,668.11 20,713,073.79
4. Total profit (total loss is filled in with “—”
1,321,314,703.34 940,732,840.75 columns)
Less: Income tax expenses 149,981,477.53 97,963,452.77
- Net profit (net loss is listed with “—”) 1,171,333,225.81 842,769,387.98
(1) Classification by business continuity
- Net profit from continuing operations (net loss is represented by “—”
No. 1,171,333,225.81 842,769,387.98)
- Net profit from discontinued operations (net loss is represented by “—”
(Fill in the number)
(2) Classification according to ownership ownership
- Net profit attributable to shareholders of the parent company
1,076,253,386.31 799,102,575.14 (Net loss is listed with "—")
- Profit and loss of minority shareholders (net loss is marked with “—”
95,079,839.50 43,666,812.84 fill in the column)
GEM Co., Ltd. 2026 Semi-annual Financial Statement
- Net after-tax amount of other comprehensive income -159,373,376.59 38,646,239.25 Other comprehensive income attributable to owners of the parent company
-71,820,869.27 26,505,637.66 net amount after tax
(1) Others that cannot be reclassified into profit or loss
45,922,895.79 85,864,208.27 Comprehensive income
- Remeasure changes in defined benefit plans
Um
- Others that cannot be transferred to profit or loss under the equity method
Comprehensive income
- Fair value of other equity instrument investments
45,922,895.79 85,864,208.27 changes
- Fair value of the company’s own credit risk
change
5.Others
(2) Other comprehensive items that will be reclassified into profit or loss
-117,743,765.06 -59,358,570.61 total income
- Other comprehensive items that can be transferred to profits and losses under the equity method
-4,919,036.59 -5,003,131.20 combined income
Changes in fair value of other debt investments
Financial assets are reclassified into other comprehensive
Amount of combined income
Credit impairment provisions for other debt investments
Cash flow hedging reserve
Translation differences of foreign currency financial statements -112,824,728.47 -54,355,439.41 7. Others
Other comprehensive income attributable to minority shareholders
-87,552,507.32 12,140,601.59 Net after tax
- Total comprehensive income 1,011,959,849.22 881,415,627.23 Total comprehensive income attributable to owners of the parent company
1,004,432,517.04 825,608,212.80 amount
Total comprehensive income attributable to minority shareholders 7,527,332.18 55,807,414.43
8. Earnings per share:
(1) Basic earnings per share 0.21 0.16
(2) Diluted earnings per share 0.21 0.16
If a business merger under the same control occurs in this period, the net profit realized by the merged party before the merger is: yuan, and the net profit realized by the merged party in the previous period is: yuan.
Legal representative: Xu Kaihua Person in charge of accounting work: Mu Mengang Head of accounting department: Mu Mengang
- Income statement of the parent company
Unit: Yuan
Project Half-year 2026 Half-year 2025
- Operating income 2,863,098,774.57 3,231,584,203.47 Less: Operating costs 2,830,326,441.70 3,209,271,672.52 Taxes and surcharges 5,522,915.20 3,394,235.02 Sales expenses 4,882,459.28 5,659,403.34 Administrative expenses 46,688,655.28 44,579,559.29 Research and development expenses 78,673,759.99 70,585,142.43 Financial expenses 16,770,729.56 -66,697,088.81 Including: interest expense 213,755,757.06 -70,023,014.94
Interest income 238,605,620.50 8,075,261.32 plus: other income 1,312,699.19 2,880,735.39
GEM Co., Ltd. 2026 Semi-annual Financial Statement
Investment income (losses are filled in with "-"
797,605,302.88 87,326,378.44 columns)
Of which: for associates and joint ventures
36,964,986.17 87,326,378.44 Investment income from the industry
Money measured at amortized cost
Gains from the derecognition of financial assets (losses are marked with “—”
Fill in the column)
Net exposure hedging gain (losses indicated by “—”
(Fill in the number)
Gains from changes in fair value (losses represented by “—
495,513.69 -1,740,102.41 "Fill in the numbers)
Credit impairment losses (losses are marked with “—”
-1,272,160.35 -6,345,168.34 fill in the column)
Asset impairment losses (losses are marked with “—”
Fill in the column)
Income from asset disposal (losses are marked with “—”
19,819.96 (fill in the column)
- Operating profit (losses are listed with "-") 678,394,988.93 46,913,122.76 Add: non-operating income 154,850.58 117,019.80
Less: Non-operating expenses 176,215.90 3,151,766.86
3. Total profit (total loss is filled in with “—”
678,373,623.61 43,878,375.70 columns)
Less: Income tax expense 2,785,151.23 -877,399.78
- Net profit (net loss is listed with "—") 675,588,472.38 44,755,775.48
(1) Net profit from continuing operations (net loss divided by
675,588,472.38 44,755,775.48 (Fill in “—”)
(2) Net profit from discontinued operations (net loss equal to
Fill in the column with "—" sign)
- Net after-tax amount of other comprehensive income 4,540,510.57 51,052.28
(1) Others that cannot be reclassified into profit or loss
4,528,221.19 comprehensive income
- Remeasure changes in defined benefit plans
Um
- Others that cannot be transferred to profit or loss under the equity method
comprehensive income
- Fair value of other equity instrument investments
4,528,221.19 changes
- Fair value of the company’s own credit risk
change
5.Others
(2) Other comprehensive items that will be reclassified into profit or loss
12,289.38 51,052.28 combined income
- Other comprehensive items that can be transferred to profits and losses under the equity method
12,289.38 51,052.28 combined income
Changes in fair value of other debt investments
Financial assets are reclassified into other comprehensive
Amount of combined income
Credit impairment provisions for other debt investments
Cash flow hedging reserve
Translation differences of foreign currency financial statements
7.Others
- Total comprehensive income 680,128,982.95 44,806,827.76
GEM Co., Ltd. 2026 Semi-annual Financial Statement
7. Earnings per share:
(1) Basic earnings per share
(2) Diluted earnings per share
- Consolidated cash flow statement
Unit: Yuan
Project Half-year 2026 Half-year 2025
1. Cash flow generated from operating activities:
Cash received from sales of goods and provision of services 20,382,714,681.50 20,421,276,891.79 Net increase in customer deposits and deposits from banks
Net increase in borrowing from the central bank
Net increase in borrowing funds from other financial institutions
Cash received from premiums from the original insurance contract
Net cash received from reinsurance business
Net increase in policyholders’ savings and investment funds
Cash collected from interest, fees and commissions
Net increase in borrowing funds
Net increase in repurchase business funds
Net cash received from buying and selling securities on behalf of agents
Tax returns received 634,751,787.68 313,446,045.97 Other cash received related to operating activities 176,008,733.54 104,851,515.12 Subtotal of cash inflows from operating activities 21,193,475,202.72 20,839,574,452.88 Cash paid for purchasing goods and receiving services 19,235,618,727.08 18,162,710,273.13 Net increase in customer loans and advances
Net increase in deposits with central banks and inter-banks
Cash used to pay compensation from the original insurance contract
Net increase in lending funds
Cash payments for interest, fees and commissions
Cash payment for policy dividends
Cash paid to and for employees 548,287,275.96 626,163,076.95 Various taxes and fees paid 429,382,577.70 245,064,690.72 Cash paid for other operating activities 372,488,579.38 358,089,953.38 Subtotal cash outflow from operating activities 20,585,777,160.12 19,392,027,994.18 Net cash flow generated from operating activities 607,698,042.60 1,447,546,458.70
2. Cash flow generated from investing activities:
Cash received from recovery of investment 1,391,506,616.06 1,641,398,833.99 Cash received from investment income 7,697,255.02 44,799,780.24 Disposal of fixed assets, intangible assets and other long-term assets
33,259,472.51 37,024,840.78 Net cash amount from asset recovery
Received from disposal of subsidiaries and other business units
4,934,185.08
net cash
Other cash received related to investing activities 844,746.93 Subtotal of cash inflows from investing activities 1,437,397,528.67 1,724,068,201.94 Purchase and construction of fixed assets, intangible assets and other long-term assets
1,952,346,196.05 6,627,520,608.82 Cash paid for assets
Cash paid for investment 332,872,538.01 69,312,032.72 Net increase in pledged loans
Obtained 534,893,068.05 paid by subsidiaries and other business units
GEM Co., Ltd. 2026 Semi-annual Financial Statement
net cash
Cash payments related to other investment activities 313,407,694.70
Subtotal of cash outflows from investing activities 2,598,626,428.76 7,231,725,709.59 Net cash flow generated from investing activities -1,161,228,900.09 -5,507,657,507.65
3. Cash flow generated from financing activities:
Cash received from investment 18,979,207.92, of which: subsidiaries received investment income from minority shareholders
18,979,207.92 cash received
Cash received from borrowings 8,547,417,340.98 10,103,292,991.15 Cash received from other financing activities 232,883,953.75 2,184,513,635.57 Subtotal of cash inflows from financing activities 8,780,301,294.73 12,306,785,834.64 Cash paid to repay debts 7,552,808,056.67 6,667,561,651.71
Distribution of dividends, profits or repayment of interest payments
501,002,284.21 470,820,068.00 cash
Including: shares paid by subsidiaries to minority shareholders
39,807,907.20
Profit, profit
Cash payments related to other financing activities 1,256,700,425.23 353,883,369.84 Subtotal cash outflow from financing activities 9,310,510,766.11 7,492,265,089.55 Net cash flow generated from financing activities -530,209,471.38 4,814,520,745.09
4. The impact of exchange rate changes on cash and cash equivalents
18,834,949.57 -13,034,609.19 impact
Net increase in cash and cash equivalents -1,064,905,379.30 741,375,086.95 Plus: opening balance of cash and cash equivalents 6,125,897,355.63 4,707,158,671.23
Closing balance of cash and cash equivalents 5,060,991,976.33 5,448,533,758.18
Cash flow statement of the parent company
Unit: Yuan
Project Half-year 2026 Half-year 2025
1. Cash flow generated from operating activities:
Cash received from selling goods and providing services 2,903,649,983.61 2,045,418,957.56 Tax refunds received 0.00 0.00 Cash received from other operating activities 8,953,431.11 11,194,430.78 Subtotal of cash inflows from operating activities 2,912,603,414.72 2,056,613,388.34 Cash paid for purchasing goods and receiving services 3,025,637,555.11 2,152,074,746.09 Cash paid to and for employees 56,993,112.50 48,932,761.58 Various taxes paid 14,457,591.25 5,952,712.35 Other cash paid related to operating activities 79,198,744.11 37,068,532.60 Subtotal of cash outflows from operating activities 3,176,287,002.97 2,244,028,752.62 Net cash flow generated from operating activities -263,683,588.25 -187,415,364.28
2. Cash flow generated from investing activities:
Cash received from recovery of investment 838,466,700.35 0.00 Cash received from investment income 406,750,000.00 529,200,000.00 Disposal of fixed assets, intangible assets and other long-term assets
0.00 Net cash amount recovered from assets in period 6,340.00
Received from disposal of subsidiaries and other business units
0.00 0.00 Net cash
Other cash received related to investing activities 0.00 0.00 Subtotal of cash inflows from investing activities 1,245,216,700.35 529,206,340.00 Purchase and construction of fixed assets, intangible assets and other long-term assets
6,678,857.36 2,553,442.78 Cash paid for assets
Cash paid for investment 661,221,232.00 174,456,208.33 Paid for acquisition of subsidiaries and other business units 0.00 0.00 GEM Co., Ltd. 2026 Semi-annual Financial Statement
net cash
Payment of other cash related to investing activities 1,149,733,629.02 55,273,068.35 Subtotal cash outflow from investing activities 1,817,633,718.38 232,282,719.46 Net cash flow generated from investing activities -572,417,018.03 296,923,620.54
3. Cash flow generated from financing activities:
Cash received from investments 0.00 0.00 Cash received from borrowings 3,701,110,220.00 4,000,000,000.00 Cash received from other financing activities 0.00 0.00 Subtotal of cash inflows from financing activities 3,701,110,220.00 4,000,000,000.00 Cash paid to repay debts 2,816,276,455.78 2,621,898,000.00 Cash paid to distribute dividends, profits or pay interest
184,689,793.50 185,921,127.22 cash
Cash payments related to other financing activities 10,556,944.10 1,031,632,780.52 Subtotal cash outflows from financing activities 3,011,523,193.38 3,839,451,907.74 Net cash flow generated from financing activities 689,587,026.62 160,548,092.26
4. The impact of exchange rate changes on cash and cash equivalents
-962,285.46 261,225.99 impact
Net increase in cash and cash equivalents -147,475,865.12 270,317,574.51 Plus: opening balance of cash and cash equivalents 2,013,145,082.57 1,369,363,093.90
Balance of cash and cash equivalents at the end of the period 1,865,669,217.45 1,639,680,668.41
Consolidated statement of changes in owners’ equity
Amount of current period
Unit: Yuan
2026 half year
Owner's equity attributable to the parent company
less
Other equity instruments Part 1 There is a decrease and there is no amount
Project capital: Other shareholders' equity, priority, perpetual, other company's treasury, comprehensive items, reserves, surplus, company risk allocation, other subtotals, shareholders' equity, debt, other's reserves, reserves, reserves, joint profits
Benefit plan
21,3 25,3 5,11 8,55 199, 83,8 47,6 254, 7,52 3,96
83,5 50,6
1. Previous year period 5,54 9,78 818, 46,7 33,7 815, 1,75 7,08
62,4 51,End balance 8,60 4,81 668. 96.0 38.5 934. 1,18 9,24
04.3 51.4 7.00 4.70 53 5 1 33 2.27 7.09
3 2 plus: yes
Changes in accounting policies
before
period error correction
its
him
21,3 25,3 5,11 8,55 199, 83,8 47,6 254, 7,52 3,96
83,5 50,6
2. Current year 5,54 9,78 818, 46,7 33,7 815, 1,75 7,08
62,4 51,6 Opening balance 8,60 4,81 668. 96.0 38.5 934. 1,18 9,24
04.3 51.4 7.00 4.70 53 5 1 33 2.27 7.09
3 2 - - - - 25,0 262, - -
3. Added in this issue
13,1 363, 92,9 109, 17,7 67,5 562, 049, 629, 367, less changes -
88,9 657, 19,4 007, 96.5 58,8 406, 675. 453, 404, (reduced to “—
46.0 047. 94.3 113. 3 47.2 644. 38 834. 158.
GEM Co., Ltd. 2026 Semi-annual Financial Statement
” number) 0 76 6 04 4 05 16 78 -
1,07 1,00 1,01
71,8 7,52
(1) Comprehensive 6,25 4,43 1,95
20,8 7,33Total income 3,38 2,51 9,84 69.2 2.18 6.31 7.04 9.22
(2) All investors invested and reduced 88,9 657, 19,4 926, 981, 907, less capital 46.0 047. 94.3 499. 166. 665. 0 76 6 40 34 74
- Owners 13,1 330, 92,9 250, 250, invested ordinary 88,9 609, 19,4 878, 878, shares 46.0 454. 94.3 905. 905.
0 24 6 88 88 2. Other rights
beneficial instruments held
investors invest capital
- Share branch
1,05 1,05 1,05 paid included in all
2,87 2,87 2,87 shareholders’ equity
1.59 1.59 1.59 amount
34,1 34,1 636, 671, 4. Others 00,4 00,4 981, 081, 65.1 65.1 166. 631. 1 1 34 45 - - - 67,5
551, 483, 483,
(3) Profit 58,8
032, 474, 474,allocation 47.2
- 03 79 79 -
67,5
67,5
1． Withdraw profit 58,8
58,8
Reserved reserve 47.2
47.2
- Extract one
General risk preparation
- Distribution to all shareholders (or shareholders) 138. 138. 138.
79 79 79 4. Others
-
37,1
(4) All 37,1
86,2
Owner’s rights internal 86,2
43.7
Carry forward 43.7
1． capital company
Convert accumulated assets to capital
(or equity)
- surplus public
GEM Co., Ltd. 2026 Semi-annual Financial Statement
Convert accumulated assets to capital
(or equity)
- surplus public
Accumulate to make up for losses
- Settings subject to
Changes in benefit plan
Amount carried forward and retained
income
-
37,1
- Other comprehensive 37,1
86,2
Combined income carried forward 86,2
43.7
Retained earnings 43.7
- other
25,0 25,0 25,0
(5) Special projects 17,7 17,7 17,7 Reserves 96.5 96.5 96.5 3 3 3
102, 102, 102, 1. This period withdraws 609, 609, 609, take 910. 910. 910. 15 15 15
77,5 77,5 77,5 2. Use in this period 92,1 92,1 92,1 13.6 13.6 13.6
2 2 2
(6) Others
- 21,6 24,9 5,10 8,19 106, 72,6 3,33
25,1 322, 8,08 45,6 83,2
- This period 2,35 6,12 899, 51,5 7,63
60,3 374, - 4,15 12,0 47,End balance 9,66 7,76 174. 35.0 5,41 16.9 781. 7,82 79.7 92.6 1.00 6.94 17 4 2.93
9 57 6.32 1 4
Amount of previous year
Unit: Yuan
2025 half year
Less equity attributable to owners of the parent company
Other equity instruments Part 1 There is a decrease and there is no amount
Project capital: Other shareholders' equity, preferred shares, perpetual bonds, other common reserves, treasury shares, comprehensive income, reserves, surplus reserves, risks, reserves, profits, other subtotal, shareholders' equity, equity, joint profit reserves
- 19,4 23,4 5,12 8,29 150, 38,2 206, 5,94 4,07
38,6 26,1 99,8
- Previous year 6,29 4,59 621, 89,0 412, 9,84 3,60
20,7 96,5 03,End balance 1,55 9,84 913. 51.8 249. 6,48 6,52 09.4 58.8 83.9 7.00 2.36 47 8 78 0.76 5.09 7 4 3
Add: yes
Changes in accounting policies
before
period error correction
its
GEM Co., Ltd. 2026 Semi-annual Financial Statement
him
- 19,4 23,4 5,12 8,29 150, 38,2 206, 5,94 4,07
38,6 26,1 99,8
- Current period 6,29 4,59 621, 89,0 412, 9,84 3,60
20,7 96,5 03,Beginning balance 1,55 9,84 913. 51.8 249. 6,48 6,52 09.4 58.8 83.9 7.00 2.36 47 8 78 0.76 5.09
7 4 3
- Increase in this period - 284, 79,3 26,5 462, 701, 854, 1,55
9,56
Less changes 1,99 537, 42,0 05,6 573, 843, 718, 6,56
2,05
(Reduced to “— 2,50 079. 55.3 37.6 475. 690. 630. 2,32
4.17
” number) 0.00 11 1 6 18 81 83 1.64
26,5 799, 825, 55,8 881,
(1) Comprehensive 05,6 102, 608, 07,4 415, total income 37.6 575. 212. 14.4 627. 6 14 80 3 23
- 284, 79,3 203, 798, 1,00
(2) All
1,99 537, 42,0 202, 911, 2,11 investment and reduction
2,50 079. 55.3 523. 216. 3,74 Less capital
0.00 11 1 80 40 0.20
- 312, 79,3 231, 18,9 250, 1. owner
1,99 545, 42,0 211, 79,2 190, ordinary investment
2,50 933. 55.3 378. 07.9 586. shares
0.00 55 1 24 2 16 2. Other rights
beneficial instruments held
investors invest capital
- Share branch
28,0 28,0 28,0 paid included in all
08,8 08,8 08,8 The amount of the investor’s equity
54.4 54.4 54.4 amount
4 4 4 779, 779,
932, 932, 4. Others
- 48 48 - - -
336, 336, 336,
(3) Profit
529, 529, 529,distribution
96 96 96 1. Withdraw profit
surplus public space
- Extract one
General risk preparation
- Distribution to all shareholders (or shareholders) 099. 099. 099.
96 96 96 4. Others
(4) All
Inside the investor’s rights
carry forward
1． capital company
Convert accumulated assets to capital
(or equity)
GEM Co., Ltd. 2026 Semi-annual Financial Statement
- surplus public
Convert accumulated assets to capital
(or equity)
- surplus public
Accumulate to make up for losses
- Settings subject to
Changes in benefit plan
Amount carried forward and retained
income
- Other comprehensive
Consolidated income carried forward
retained earnings
- Others
9,56 9,56 9,56
(5) Special projects
2,05 2,05 2,05 Reserve
4.17 4.17 4.17
45,9 45,9 45,9 1. Withdrawal in this period 85,2 85,2 85,2 withdrawn 75.9 75.9 75.9 0 0 0
36,4 36,4 36,4 2. Use in this period 23,2 23,2 23,2 Use 21.7 21.7 21.7
3 3 3
(6) Others
- 20,1 25,0 5,12 8,57 229, 47,8 206, 6,41 4,92
12,1 28,0 56,3
- This period 4,29 9,13 963, 51,1 412, 2,41 8,32
15.0 40.2 65.4 Ending balance 9.05 6.92 968. 06.0 249. 9.95 5.15 71.8 49.6 05.5 7.00 1.47 78 5 78 5.94 5.92
1 5 7
- Statement of changes in owner’s equity of the parent company
Amount of current period
Unit: Yuan
2026 half year
Other equity instruments All less: Others Undivided
Project Capital Special Surplus Owner's Equity Priority Perpetual Inventory Comprehensive Distribution Others
Other public reserves, reserves, equity joint ventures, bonds, shares, profits
plan
- 13,74
5,115, 7,880, 199,8 254,8 698,4
- Previous year 4,619, 4,934,
548.6 552.4 18.66 15.93 56.02
Closing balance 893.7 416.2 07.00 15.89 8.53 4.33 1.27
3 3
Add: yes
Changes in accounting policies
before
period error correction
its
him
- Current year 5,115, 7,880, 199,8 - 254,8 698,4 13,74 Beginning balance 548,6 552,4 18,66 4,619, 15,93 56,02 4,934,
GEM Co., Ltd. 2026 Semi-annual Financial Statement
07.00 15.89 8.53 893.7 4.33 1.27 416.2
3 3
3. Added in this issue - - -
4,540, 173,6 minus changes 13,18 102,7 92,91 67,55 124,5
510.5 23,83 (reduced to “— 8,946. 61,55 9,494. 8,847. 55,48
7 8.77” (please fill in the column) 00 3.75 36 24 6.35
4,540, 675,5 680,1
(1) Comprehensive
510.5 88,47 28,98Total income
7 2.38 2.95
(2) All
13,18 102,7 92,91 23,03 Investment and reduction
8,946. 61,55 9,494. 1,005. Less capital
00 3.75 36 39
1． Owner 7,840,
13,18 71,88 92,91
Common invested 779.7
8,946. 9,768. 9,494.
Share 2
00 64 36
- Other rights
beneficial instruments held
investors invest capital
- Share branch
3,228, 3,228, paid included in all
680.0 680.0 Owner’s Equity Fund
0 0 amount
34,10 34,10 4. Others
0,465. 0,465. 11 11 - -
67,55
(3) Profit 551,0 483,4
8,847.
Distribution 32,98 74,13 6.03 8.79 -
67,55
1． Withdraw profit 67,55
8,847.
Reserved reserve 8,847.
- 2． to all
483,4 483,4 (or shares
74,13 74,13 East) distribution
8.79 8.79 3． Others
(4) All
Inside the investor’s rights
carry forward
1． capital company
Convert accumulated assets to capital
(or equity)
- surplus public
Convert accumulated assets to capital
(or equity)
- surplus public
Accumulate to make up for losses
- Settings subject to
Changes in benefit plan
GEM Co., Ltd. 2026 Semi-annual Financial Statement
Amount carried forward and retained
income
- Other comprehensive
Consolidated income carried forward
retained earnings
- Others
(5) Special projects
reserve
1． This issue mentions
take
- This issue makes
use
(6) Others
13,91
5,102, 7,777, 106,8 -
- This period 322,3 823,0 8,558,
359,6 790,8 99,17 79,38
Closing balance 74,78 11,50 255.0 61.00 62.14 4.17 3.16
1.57 7.62 0 Previous year’s amount
Unit: Yuan
2025 half year
Other equity instruments All less: Others Undivided
Project Capital Special Surplus Owner's Equity Priority Perpetual Inventory Comprehensive Distribution Others
Other public reserves, reserves, equity joint ventures, bonds, shares, profits
Total - 13,66
5,126, 7,892, 150,6 206,4 599,3
- Previous year 4,084, 9,384,
291,5 034,9 21,91 12,24 51,96
Closing balance 757.2 069.9 57.00 73.67 3.47 9.78 0.24
8 4
Add: yes
Changes in accounting policies
before
period error correction
its
him
- 13,66
5,126, 7,892, 150,6 206,4 599,3
- This year 4,084, 9,384,
291,5 034,9 21,91 12,24 51,96
Initial balance 757.2 069.9 57.00 73.67 3.47 9.78 0.24
8 4
- Addition in this issue - - -
4,702, 79,34
Less changes 1,992, 51,05 291,7 368,3
090.7 2,055.
(Reduced to “— 500.0 2.28 73,32 54,73
6 31
” number in the column) 0 4.48 6.75
44,75 44,80
(1) Comprehensive 51,05
5,775. 6,827. Total income 2.28
48 76
(2) All 4,702, 79,34
1,992, 76,63 persons invested and reduced 090.7 2,055.
500.0 2,464. Less capital 6 31
0 55
- 79,34 - 1. owner
1,992, 5,003, 2,055. 86,33 invested ordinary
500.0 167.5 31 7,722.
GEM Co., Ltd. 2026 Semi-annual Financial Statement
Shares 0 3 84 2. Other rights
beneficial instruments held
investors invest capital
- Share branch
9,705, 9,705, paid included in all
258.2 258.2 Funds for shareholders’ equity
9 9 amount
- Others
(3) Profit 336,5 336,5 Distribution 29,09 29,09
9.96 9.96 1. Withdraw profit
surplus public space
- 2． to all
336,5 336,5 (or shares
29,09 29,09 East) allocation
9.96 9.96 3． Others
(4) All
Inside the investor’s rights
carry forward
1． capital company
Convert accumulated assets to capital
(or equity)
- surplus public
Convert accumulated assets to capital
(or equity)
- surplus public
Accumulate to make up for losses
- Settings subject to
Changes in benefit plan
Amount carried forward and retained
income
- Other comprehensive
Consolidated income carried forward
retained earnings
- Others
(5) Special projects
reserve
1． This issue mentions
take
- This issue makes
use
(6) Others
- 13,30
5,124, 7,896, 229,9 206,4 307,5
- This period 4,033, 1,029,
299,0 737,0 63,96 12,24 78,63
Closing balance 705.0 333.1 57.00 64.43 8.78 9.78 5.76
0 9