*ST Yitong: 2026 Semi-annual Report
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
2026-049
【August 2026】
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Section 1 Important Tips, Table of Contents and Definitions
The company's board of directors and other directors and senior managers, except for the directors and senior managers with dissenting statements below, all guarantee that the contents of the semi-annual report are true, accurate and complete, and that there are no false records, misleading statements or major omissions, and bear individual and joint legal liability.
Statement of Objections from Directors and Senior Management
Name Position Content and reason
Ms. Fan Yanli, the company’s director, cannot guarantee that the content of the company’s 2026 semi-annual report is true, accurate, and complete. The specific content and reasons for the inability to guarantee are: As the chairman of the audit committee, I pay close attention to the self-examination and rectification of matters related to the company’s 2025 annual report and the work related to the preparation of the company’s 2026 semi-annual report. Upon the proposal of the Audit Committee, the company has hired a third-party intermediary agency to assist in carrying out special rectification work. During this period, I have been actively communicating with intermediaries and company management. The company is conducting a detailed self-examination and sorting out the matters involved in the 2025 annual audit agency's disclaimer of opinion audit report on the company's 2025 annual financial report and the negative opinion on the internal control audit report. Fan Yanli, Independent Director
This work has not been completed before the issuance of the semi-annual report, and the impact of the non-standard audit opinions in 2025 cannot be eliminated for the time being. Therefore, based on the accounting information and verification data currently available, I believe that there is no guarantee that the content of the company's 2026 semi-annual report is true, accurate and complete.
I will continue to actively urge the company's board of directors and management to speed up the self-examination and rectification process, take practical and effective measures, solve relevant problems as soon as possible according to the rectification plan, better promote the company's development, and safeguard the interests of investors.
Mr. Xu Yun, director of the company, guarantees that the content of the company’s 2026 semi-annual report is true. Xu Yun, independent director
The 2026 semi-annual report of Beijing Chengyitong Control Technology Group Co., Ltd. is accurate and complete, and makes the following opinions:
After the disclosure of the company's 2025 annual report, I have continued to actively pay attention to the company's self-examination and rectification and the preparation of the company's semi-annual report. I have been actively communicating with the company's management. Relying on my professional background in the pharmaceutical industry and independent and prudent judgment, combined with the information and materials provided by the management, I basically recognize the content of the company's 2026 semi-annual report.
In view that the company is advancing the verification, sorting, rectification and improvement of matters related to non-standard audit opinions in 2025 according to the rectification plan, as an independent director of the company, based on the consideration of the legitimate rights and interests of all small and medium-sized shareholders; and taking into account the vital interests of the company's more than 1,000 employees, I agree to submit the 2026 semi-annual report to the board of directors for review and disclosure. I will continue to pay attention to the rectification progress, promote the identification of problems one by one and implement rectification, and promote the company's continued standardized and healthy development. Mr. Wang Fuqing, the company’s director, guarantees that the content of the company’s 2026 semi-annual report is true, accurate and complete, and made the following opinions:
I continue to follow up on the rectification and progress of the company's non-standard audit-related matters in 2025, actively cooperate with the preparation and review of the company's 2026 semi-annual report throughout the process, and maintain full communication with the management. Regarding the matters involved in the non-standard audit opinions and negative internal control opinions in 2025, the company has hired a third-party intermediary agency to assist in promoting special self-examination and rectification, and the relevant work is being carried out in an orderly manner as planned Wang Fuqing Independent Director
Exhibition. As an external non-accounting professional independent director, based on the semi-annual operating information and financial information provided by the management, relying on my professional background in the pharmaceutical industry and independent and prudent judgment, I basically recognize the content of the company's 2026 semi-annual report.
I will continue to pay attention to the company's self-examination and rectification progress, urge the management to implement the rectification requirements, promote the company's standardized operations, and safeguard the legitimate rights and interests of all shareholders.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Independent director Ms. Fan Yanli cannot guarantee that the contents of this report are true, accurate and complete; independent directors Mr. Xu Yun and Mr. Wang Fuqing guarantee that the contents of the company's 2026 semi-annual report are true, accurate and complete, and put forward the above opinions. Investors are requested to pay special attention.
Liang Kai, the person in charge of the company, Lu Zhenhua, the person in charge of accounting work, and Dai Hongmin, the person in charge of the accounting department (accounting supervisor), declare that they guarantee the authenticity, accuracy and completeness of the financial report in this semi-annual report. All directors have attended the board meeting to review this semi-annual report.
Any forward-looking statements in this report involving development strategies, business plans, etc. do not constitute the company's substantive commitment to investors. Investors and related parties should maintain adequate risk awareness and understand the differences between plans, forecasts, and commitments.
The company needs to comply with the disclosure requirements of the special industry "Medical Device Business" in the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 4 - GEM Industry Information Disclosure". For details of the risks that the company may face in its operations, please refer to the section "10. Risks faced by the company and countermeasures" in Section 3 "Management Discussion and Analysis" of this report. Investors are kindly requested to pay attention to the relevant content.
The company plans not to distribute cash dividends, give away bonus shares, or convert public reserve funds into share capital.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Directory
Section 1 Important Tips, Table of Contents and Definitions......................................................................................................................................................2
Section 2 Company Profile and Main Financial Indicators................................................................................................................................................................9
Section 3 Management Discussion and Analysis................................................................................................................................................................12
Section 4 Corporate Governance, Environment and Society......................................................................................................................................................46
Section 5 Important Matters......................................................................................................................................................................................49
Section 6 Changes in Shares and Shareholders ............................................................................................................................................................55
Section 7 Bond-related situations................................................................................................................................................................................61
Section 8 Financial Report......................................................................................................................................................................................62
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Document directory for reference
(1) Financial statements signed and stamped by the person in charge of the company, the person in charge of accounting work, and the person in charge of the accounting department (accounting supervisor).
(2) The originals of all company documents and announcements publicly disclosed on the website designated by the China Securities Regulatory Commission during the reporting period.
(3) The original text of the 2026 semi-annual report signed by the chairman of the board.
(4) The place where the above documents for reference are kept: the office of the company’s board of directors.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Definition
Interpretation item refers to the interpretation content
China Securities Regulatory Commission refers to China Securities Regulatory Commission
Shenzhen Stock Exchange refers to Shenzhen Stock Exchange
Board of Directors refers to the Board of Directors of Beijing Chengyitong Control Technology Group Co., Ltd.
监事会 指 北京诚益通控制技术集团股份有限公司监事会
Shareholders’ meeting refers to the shareholders’ meeting of Beijing Chengyitong Control Technology Group Co., Ltd.
Company, Chengyitong refers to Beijing Chengyitong Control Technology Group Co., Ltd.
诚益通科技 指 北京诚益通科技有限公司,公司全资子公司
盐城诚益通 指 盐城市诚益通机械制造有限责任公司,公司全资子公司
Borihong refers to Beijing Chengyitong Borihong Intelligent Equipment Technology Co., Ltd., a wholly-owned subsidiary of the company
东方诚益通 指 北京东方诚益通科技有限责任公司,公司全资子公司
OSLA refers to Beijing OSLA Software Co., Ltd., a wholly-owned subsidiary of the company
US subsidiary refers to CHIEFTAINAMERICAINC, a wholly-owned subsidiary of the company
Longzhijie refers to Guangzhou Longzhijie Technology Group Co., Ltd., a wholly-owned subsidiary of the company
Chengyitong Wanjielang refers to Beijing Chengyitong Wanjielang Biotechnology Co., Ltd., a third-level subsidiary controlled by the company
Guangzhou Shirui refers to Guangzhou Shirui Medical Technology Co., Ltd., a third-level subsidiary controlled by the company
章和智能 指 广州市章和智能科技有限责任公司,公司控股三级子公司
Naolian Technology refers to Beijing Naolian Technology Co., Ltd., a third-level subsidiary controlled by the company
Jingyan Zhihui refers to Beijing Jingyan Zhihui Technology R&D Co., Ltd., a fourth-level subsidiary controlled by the company
Liweite refers to Beijing Liweite Investment Co., Ltd., the company’s controlling shareholder
Yuan/10,000 Yuan refers to RMB Yuan/10,000 Yuan
It is a new production method based on the deep integration of new generation information and communication technology and advanced manufacturing technology, which runs through all aspects of manufacturing activities such as design, production, management, and service, and has the functions of self-perception, self-learning, self-decision-making, self-execution, and self-adaptation.
Provide users with the overall solution design of the automation control system, production of key equipment and components, software design, debugging, and system automation control system guidance.
统验收和服务在内的一揽子解决方案。
The controller in the automation control system is responsible for receiving and processing analog and digital signals transmitted from sensors in the industrial production process.
It is a device that can control and monitor industrial processes by sending control signals to actuators. A sensor that can detect and sense external signals, such as physical conditions (light, heat, humidity, etc.) or chemical properties (pH value, etc.).
and transmit the detected information to other devices.
自动化控制系统中接收控制信息并对受控对象施加控制作用的装置。 The actuator is also the positive actuator of the control system.
An instrument that directly changes the manipulated variable in the path, consisting of an actuator and a regulating mechanism. 工业软件是专门应用于工业领域的软件,以自动化控制系统为基础,其目的是为了提高工业工业软件 指
The efficiency of enterprise production and operation.
利用微生物的代谢活动,通过生物催化剂(微生物细胞或酶),将有机物转化为产品的过发酵 指
process.
指通过先进的技术手段与定制化工艺设计,将生产流程中的目标物质(如有效成分、中间分离 指
体、生物活性物质等)从复杂混合物体系中高效、精准地提取与纯化的关键环节。 纯化 指 除去物质中混有的少量杂质,得到纯净的物质的方法。
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Synthetic biology is the core of green manufacturing. Through the construction of chassis cells, upstream raw material sources can be green and diverse, recyclable, renewable, low energy consumption and low pollution in the entire production process, and the final product can meet quality requirements and be produced in low-cost mass production.
活性成分,由发酵、化学合成、植物提取或者生物技术所制备,但病人无法直接服用的物原料药 指
It is the active ingredient of the preparation.
制剂 指 根据药典、药品标准或其他适当处方,将原料药物按某种剂型制成的具有一定规格的药剂。
Good operating practices are the basic requirements for pharmaceutical production management and quality control. They aim to minimize the risks of contamination, cross-contamination, confusion, and errors in the pharmaceutical production process according to GMP guidelines, and ensure the continuous and stable production of pharmaceuticals that meet the intended use and registration requirements.
FDA 指 美国食品药品监督管理局(FoodandDrugAdministration)的英文缩写。
It refers to the comprehensive application of medical, educational, social, occupational and other measures to provide rehabilitation medical treatment for functional disorders that may occur or have already occurred after injuries. It refers to intervention based on functional training to achieve the goals of improving patients' functions, maximizing their ability to take care of themselves, and returning to society.
Rehabilitation medicine is based on the theory of rehabilitation medicine. Rehabilitation medicine is a medical discipline that uses a variety of means to promote the rehabilitation of disabled people and patients. It studies issues related to the prevention, assessment and treatment (treatment, training) of functional impairments. Rehabilitation medicine, clinical practice, health care, and prevention jointly form a comprehensive medical system.
用于评估患者身体功能、运动能力、认知状态或常生活活动能力的设备,通过量化数据为康康复评定设备 指
Provide scientific basis for complex treatment. Rehabilitation assessment is the basis of rehabilitation medicine.
用于帮助患者恢复或改善运动功能、认知能力或协调能力的器械,需通过主动或被动训练实康复训练设备 指
Current recovery goals.
通过物理因子(如电、光、声、磁、热等)作用于人体,以缓解疼痛、促进组织修复或改善康复理疗设备 指
Circulation equipment.
在大脑与外部设备之间建立直接交互的通信和控制通道。 广义的脑机接口是指任何大脑与外部设备直接相互作用的系统,包含狭义的输出式BCI和输入式BCI。 In a narrow sense, output BCI refers to the use of signals generated by the central nervous system to directly transform the user's perception, representation, cognition and thinking into actions without relying on peripheral nerves or muscles, and to establish direct communication and brain-computer interface between the brain (including human and animal brains) and external devices.
The main purpose of control channels is to provide disease patients, disabled people, and healthy individuals with optional ways to communicate and control the external world to improve or further improve their quality of life. Input-type BCI mainly uses external devices or machines to directly input electrical, magnetic, acoustic and light stimulation or neurofeedback to the brain, bypassing the peripheral nerves or muscle system, to regulate central nervous activity, such as deep brain stimulation (DBS), transcranial magnetic stimulation (TMS), transcranial electrical stimulation (TES) and transcranial ultrasound stimulation (TUS).
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Section 2 Company Profile and Main Financial Indicators
1. Company Profile
Stock abbreviation *ST Yitong Stock code 300430 Stock abbreviation before change (if any) Chengyitong
Stock exchange where stocks are listed Shenzhen Stock Exchange
The Chinese name of the company: Beijing Chengyitong Control Technology Group Co., Ltd.
The company’s Chinese abbreviation (if any) Chengyitong
The company’s foreign name (if any) BeijingChieftainControlTechnologyGroupCo., Ltd. The company’s foreign name abbreviation (if any) CTN
The legal representative of the company Liang Kai
2. Contact person and contact information
Secretary of the Board of Directors Name of Securities Affairs Representative Zhang Jinting Zhang Na
Contact address No. 27, Qingfeng West Road, Biomedical Industry Base, Daxing District, Beijing No. 27, Qingfeng West Road, Biomedical Industry Base, Daxing District, Beijing Telephone 010-61258926 010-61258926 Fax 010-61258926 010-61258926 E-mail [email protected] [email protected]
3. Other situations
- Company contact information
Whether the company's registered address, company office address and its postal code, company website, email address, etc. changed during the reporting period □Applicable Not applicable
The company's registered address, company office address and its postal code, company website, e-mail address, etc. did not change during the reporting period. For details, please refer to the 2025 annual report.
- Information disclosure and preparation location
Whether the location of information disclosure and preparation changes during the reporting period
□ApplicableNot applicable
The name and URL of the stock exchange website and media where the company discloses its semi-annual report. The location where the company's semi-annual report is prepared has not changed during the reporting period. For details, please refer to the 2025 annual report.
- Registration changes
Whether the registration status has changed during the reporting period
□ApplicableNot applicable
The company's registration status did not change during the reporting period. For details, please refer to the 2025 annual report.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
4. Main accounting data and financial indicators
Whether the company needs to retroactively adjust or restate previous years’ accounting data
□YesNo
This reporting period is better than the same period last year. This reporting period is better than the same period last year.
increase or decrease
Operating income (yuan) 347,649,693.28 407,971,359.34 -14.79% Net profit attributable to shareholders of listed companies (yuan) -29,071,749.60 51,177,546.27 -156.81% Net profit after non-recurring gains and losses attributable to shareholders of listed companies (yuan) -35,102,215.50 49,012,888.19 -171.62%Net cash flow generated from operating activities (yuan) -167,453,088.93 -21,961,289.58 -662.49%Basic earnings per share (yuan/share) -0.1065 0.19 -156.05% Diluted earnings per share (yuan/share) -0.11 0.19 -157.89% Weighted average return on net assets -2.19% 2.27% -4.46% The end of this reporting period compared with the end of the previous year The end of this reporting period The end of the previous year
Final increase or decrease in total assets (yuan) 3,120,915,179.96 3,160,883,273.19 -1.26% Net assets attributable to shareholders of listed companies (yuan) 1,311,539,262.65 1,340,527,366.16 -2.16%
5. Differences in accounting data under domestic and foreign accounting standards
- Differences in net profit and net assets in financial reports disclosed in accordance with both international accounting standards and Chinese accounting standards
□ApplicableNot applicable
During the reporting period, there was no difference between the net profit and net assets in the financial reports disclosed in accordance with international accounting standards and Chinese accounting standards.
- Differences in net profit and net assets in financial reports disclosed in accordance with both foreign accounting standards and Chinese accounting standards
□ApplicableNot applicable
During the reporting period, there was no difference between the net profit and net assets in the financial reports disclosed in accordance with foreign accounting standards and Chinese accounting standards.
6. Non-recurring profit and loss items and amounts
Applicable□Not applicable
Unit: Yuan
Item Amount Description Profit and loss from disposal of non-current assets (including the write-off of asset impairment provisions) 85,131.71
Government subsidies included in current profits and losses (closely related to the company’s normal business operations and in compliance with national policies and regulations)
7,797,081.64
Except for government subsidies that are defined, enjoyed according to determined standards, and have a lasting impact on the company’s profits and losses)
In addition to effective hedging business related to the company's normal business operations, non-financial enterprises hold financial assets
31,418.97
Gains and losses arising from changes in fair value of financial liabilities and gains and losses arising from the disposal of financial assets and financial liabilities
Other non-operating income and expenses other than the above items -760,941.64
Less: Income tax impact 1,117,534.62
Amount of impact on minority shareholders’ equity (after tax) 4,690.16
Total 6,030,465.90
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Details of other profit and loss items that meet the definition of non-recurring profits and losses:
□ApplicableNot applicable
The company has no other specific circumstances of profit and loss items that meet the definition of non-recurring profits and losses.
Explanation on defining the non-recurring profit and loss items listed in the "Explanatory Announcement No. 1 on Information Disclosure of Companies Publicly Offering Securities - Non-recurring Profit and Loss" as recurring profit and loss items
□ApplicableNot applicable
The company does not define the non-recurring profit and loss items listed in the "Explanatory Announcement No. 1 on Information Disclosure of Companies that Offer Securities to the Public - Non-recurring Profit and Loss" as recurring profit and loss items.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Section 3 Management Discussion and Analysis
1. The main business of the company during the reporting period
The company was founded in 2003 and successfully entered the capital market in 2015. In 2017, the company successfully entered the field of rehabilitation medical care through the strategic acquisition of Longzhijie, thus establishing the core development strategy of "one body, two wings, two-wheel drive" and building a strategic pattern for the coordinated development of the two core business segments of "intelligent manufacturing" and "rehabilitation medical care".
The intelligent manufacturing sector focuses on serving the manufacturing fields of medicine, biological products, food, chemicals, etc., with the core concept of "making manufacturing smarter", deeply integrating AI technology, and continuing to drive industrial upgrading; the rehabilitation medical sector is based on the public health needs of society and pursues "making the public healthier" to build a service system covering the three-level rehabilitation diagnosis and treatment system. The two major business segments complement each other and together form the corporate mission of "making manufacturing smarter and making the public healthier". In 2025, the company's strategic landscape will undergo important expansion and deepening. On the basis of continuing to consolidate its dominant position in rehabilitation medicine, the company proactively integrates the deployment of brain-computer interface technology into the mission implementation system of "making the public healthier", injects continuous innovation power into it, and actively opens a new stage of integrated development of health and technology.
(1) Introduction to the industry
- Intelligent manufacturing: driving intelligent production and empowering industrial upgrading
(1) Industry introduction
Intelligent manufacturing is a new production method that deeply integrates the new generation of information and communication technology and advanced manufacturing technology, running through the entire manufacturing process such as design, production, management, and service, and has self-perception, self-learning, self-decision-making, self-execution, and self-adaptive functions. Industrial automation is an important foundation for realizing intelligent manufacturing. On the basis of industrial automation, we integrate advanced technologies such as the Internet of Things, big data, and artificial intelligence to promote the development of production and manufacturing toward digitalization, networking, and intelligence1.
(2) Development status
① The differentiation of downstream industries is accelerating and emerging scenarios are emerging.
The demand for industrial automation shows structural differentiation. In the field of traditional pharmaceutical manufacturing, affected by the normalization of the centralized drug procurement policy and the continued deepening of medical insurance fee control, industry operating pressure has increased, and the demand for intelligent upgrades has been temporarily suppressed in the short term. At the same time, the country has listed synthetic biology as a key strategic direction at the forefront of science and technology, providing clear guidance for resource allocation and R&D promotion from the top-level design level, promoting accelerated innovation in emerging fields such as biopharmaceuticals, food and beverages, and new chemical materials, showing broad market prospects. The demand for efficient, flexible, green and low-carbon intelligent overall solutions in emerging fields continues to expand, bringing new development opportunities to industry participants.
② Industry competition intensifies and concentration increases
my country's industrial automation industry started relatively behind developed countries, and has gradually formed a competitive landscape in which "international giants dominate the high-end market and local companies differentiate themselves." International leading companies continue to occupy high-end market shares by relying on technical barriers and brand premiums, while domestic companies have achieved breakthroughs in segmented fields through independent technological innovation, localized service response and cost control advantages.
1Ministry of Industry and Information Technology: "Intelligent Manufacturing Development Plan (2016-2020)"
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Affected by multiple factors such as policies, demands, and technological changes, the competitive landscape of the industrial automation industry continues to deepen. Under the background of the normalization of drug centralized procurement policies, pharmaceutical manufacturing companies have put forward higher requirements for equipment performance, energy efficiency ratio and full life cycle cost control; the high growth characteristics of emerging tracks such as synthetic biology have given rise to the need for cross-field process adaptation; at the same time, continuous breakthroughs in superimposed AI and industrial Internet technologies have promoted the transformation of customer purchasing preferences from single equipment to "intelligent + service + industry customization" system solutions. In this process, leading companies rely on the strategic advantages of platform to form significant competitiveness through resource integration, technology research and development, and market expansion. Industry concentration is accelerating, while single-category suppliers with lagging technology iterations will be cleared out at an accelerated pace.
(3) Future potential
①The policy system lays a solid foundation for the development of intelligent manufacturing
my country's intelligent manufacturing policy system has built a three-dimensional framework of "strategic leadership - special breakthroughs - standard support". It is based on the strategy of manufacturing a strong country and provides institutional guarantee for the high-quality development of the industry through multi-dimensional policy coordination. In 2015, "Made in China 2025" established intelligent manufacturing as the main direction of building a manufacturing power for the first time, setting the tone for industrial development. Since then, relevant policies have continued to be deepened and upgraded. In July 2025, the State Council executive meeting reviewed and approved the "Opinions on Deepening the Implementation of the "Artificial Intelligence +" Action, further deepening the deployment of the "Artificial Intelligence +" action, emphasizing the promotion of deep integration of digital technology with my country's complete manufacturing system and vast market space, strengthening the deep empowerment of artificial intelligence in various fields, and accelerating the transformation and upgrading of traditional industries. In March 2026, the "Fifteenth Five-Year Plan for National Economic and Social Development of the People's Republic of China" (hereinafter referred to as the "Fifteenth Five-Year Plan") was released, further clarifying the development direction of intelligent manufacturing. The plan proposes to vigorously develop intelligent manufacturing, green manufacturing, and service-oriented manufacturing, and accelerate the transformation of industrial models and corporate organizational forms; at the same time, efforts will be made to improve the basic capabilities and competitiveness of the high-end new materials industry, focusing on breakthroughs in new materials and other fields. In terms of developing and expanding strategic emerging industries, the plan calls for accelerating the layout of new generation new materials, biomedicine and other industries, building strategic emerging industry clusters with unique characteristics and complementary advantages according to local conditions, and striving to create a number of emerging pillar industries with high growth potential, high technological content and wide penetration areas. In terms of forward-looking layout of future industries, the plan clearly aims to lead key areas of future development, build a full-chain cultivation system, and promote bio-manufacturing to become new economic growth points.
②Accelerate the move towards a new stage of dataization and intelligent decision-making
The industrial automation industry is accelerating its transformation and upgrading to a "data-driven + intelligent decision-making" model. The core driving force comes from the continued deepening of intelligent manufacturing strategies. New generation information technologies such as artificial intelligence (AI) and the Internet of Things (IoT) are deeply integrated with automated control systems to build a production system with equipment interconnection, data exchange, and intelligent interaction, significantly improving production efficiency and achieving new breakthroughs in dynamic resource optimization. Facing the continuous evolution of end market demand, industry entities are accelerating the deployment of intelligent solutions and building a full-process agile response mechanism by enhancing flexible production capabilities and real-time data monitoring capabilities, thus promoting the systematic improvement of production factor allocation efficiency and value creation capabilities.
③Technological innovation drives emerging markets for biomanufacturing
Technological innovation has opened up strategic emerging fields for the industrial automation industry through cross-disciplinary integration, especially the major progress in the field of synthetic biotechnology, which has effectively promoted the formation and vigorous development of emerging markets with biomanufacturing as the core, and has brought significant development opportunities to the industrial automation industry. With its unique advantages of high customization and environmental friendliness, synthetic biology will gradually replace traditional production processes. Through the deep integration of cutting-edge biotechnology and efficient automated processes, the production efficiency of industry enterprises has been significantly improved, while resource waste and environmental pollution have been effectively reduced, achieving both economic and social benefits.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
④ Low-carbon strategy drives green transformation of manufacturing industry
Under the guidance of the global carbon neutrality goal, the industrial automation industry is accelerating its transformation towards energy conservation and consumption reduction. Relying on intelligent control technology, clean energy applications and cyclic production process systems, we can significantly reduce carbon emission intensity and provide systematic support for the low-carbon development of the manufacturing industry. With the tightening of environmental protection regulations and the advancement of carbon tariff policies, the demand for enterprises to achieve accurate monitoring of energy consumption and emission reduction targets through automation upgrades continues to grow, forming a rigid market demand. The green manufacturing model builds a dual value system of environmental benefits and economic benefits through energy cost optimization and resource recycling, and promotes the evolution of the industry toward high efficiency, low carbon, and sustainability.
- Rehabilitation medicine: protect the health of the whole people and provide inclusive rehabilitation services
(1) Industry introduction
According to the four-in-one medical model of "prevention-health-clinical-rehabilitation" proposed by the World Health Organization (WHO), modern medicine has formed a complete system covering the entire life cycle of health management. Rehabilitation medicine, as the core link of disease prevention and functional reconstruction, integrates multidisciplinary diagnosis and treatment technologies such as physical therapy, exercise therapy, occupational therapy, and speech and swallowing training to provide accurate assessment and systematic intervention of functional disorders for complex diseases such as neurological diseases, bone and joint injuries, cardiopulmonary dysfunction, and mental and psychological abnormalities.
As an important support for rehabilitation diagnosis and treatment services, rehabilitation medical devices cover the four core areas of rehabilitation assessment, training, physical therapy and assistive devices. The industry's cyclical characteristics are not obvious, and the products show the typical characteristics of "small batches and multiple varieties" to adapt to differentiated diagnosis and treatment needs.
(2) Development status
①The market is huge and enterprises are scattered
Currently, my country's rehabilitation medical industry is facing the challenge of imbalance between supply and demand. With the acceleration of population aging, the rising incidence of chronic diseases, and the in-depth implementation of the national health strategy, the demand for rehabilitation medical care continues to expand, covering diversified groups such as elderly patients, chronic disease patients, disabled people, postoperative rehabilitation patients, postpartum rehabilitation patients, and sports injury rehabilitation patients, forming a strong and sustained rigid growth momentum. Although a "tertiary medical rehabilitation system" has been built on the supply side, resource allocation is in an "inverted pyramid" structure, with rehabilitation medical resources excessively concentrated in tertiary general hospitals.
my country's rehabilitation medical device production field presents the characteristics of "small and scattered". As of the end of 2020, there were nearly 5,000 rehabilitation medical device manufacturers in China2. Due to the wide variety of rehabilitation medical equipment, the number of manufacturing companies is large but the scale is small, and the market is highly fragmented. Although some companies have certain independent research and development capabilities and sales networks and have formed a certain scale, the overall market concentration is still at a low level.
②Short-term pressures and long-term opportunities under deepening governance
As the country continues to strengthen its comprehensive management of the medical industry, the rehabilitation medical equipment industry is facing short-term adjustment pressure. In the short term, the demand side shows characteristics such as significantly prolonged procurement decision-making process and postponement of non-essential procurement projects. This, coupled with the adaptive adjustment of the sales model, will have a short-term impact on the industry. But in the long term, strict compliance requirements and market purification mechanisms will effectively promote the transformation of competition models and accelerate the industry's transformation from "relationship-driven" to "quality competition." Small and medium-sized manufacturers that rely on traditional channels to compete are facing pressure from order losses, while advantageous companies have increased their market share by strengthening compliance management systems and optimizing product quality to achieve the effect of "short-term standardization and long-term quality improvement."
2 Zheshang Securities: "Rehabilitation Medical Series Report One: Comparison of Rehabilitation Companies, Excessive Track Revealed"
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(3) Future potential
①Technological innovation leads the industry to high-end and intelligent upgrades
With the rapid development of emerging technologies such as artificial intelligence, brain-computer interface, and the Internet, the rehabilitation medical equipment industry is accelerating its iteration in the direction of intelligence and high-end. Intelligent equipment effectively solves the pain points of high human dependence and low efficiency in traditional rehabilitation by providing accurate diagnosis and personalized treatment plans, and continuously optimizes treatment plans with the help of digital data accumulation, bringing patients a more scientific, efficient, convenient, intelligent and humane rehabilitation experience. Technology iteration and intelligence trends will become important driving forces for the future development of the rehabilitation medical equipment industry.
② Demographic structure changes and health management upgrades are two-wheel drive for industry growth
With the rapid acceleration of the pace of aging society, the elderly group's demand for functional restoration and optimization of life quality has become increasingly prominent. The significant intensification of the trend of younger people with chronic diseases has further broadened the scope of demand for rehabilitation services. At the same time, the significant improvement in residents' awareness of health management and the widespread popularization of the concept of "active health" have deepened the closed loop of full-cycle health management needs from prevention, treatment to rehabilitation. This change has formed a dual growth engine of demographic change and consumption upgrading, injecting strong impetus into the future development of the rehabilitation medical industry.
③ Release of market potential in primary care and family scenarios
The continuous deepening of the hierarchical diagnosis and treatment policy has promoted the sinking of rehabilitation equipment into primary medical institutions, and through the construction of a three-level rehabilitation network system, the space for increased demand for primary rehabilitation services has been released. At the same time, the awakening of residents’ awareness of “active health” and the escalation of health management needs have driven the rapid penetration of rehabilitation equipment in home scenarios. Portable and intelligent rehabilitation equipment has therefore become a new growth point in the market, further expanding the market coverage and development potential of the industry.
- Brain-computer interface: explore health technology and open up new service areas
(1) Industry introduction
Brain-Computer Interface (BCI) is a technology that realizes the interaction between brain signals and machines by directly connecting the human brain and external devices. Its core lies in decoding neuron activity and converting bioelectrical signals such as brain electrical signals into control instructions or feedback information, thus breaking through the physical limitations of traditional human-computer interaction. Technical paths are mainly divided into two categories: intrusive and non-intrusive: the former has high signal accuracy but comes with higher risks, while the latter has strong security but relatively low signal quality. (2) Development status
In 1924, German psychiatrist Hans Berger first recorded human brain electrical activity ("brain waves") and proposed the idea of decoding it. The first general-purpose computer was born in 1946, laying the technical foundation for digital signal processing and artificial intelligence. In 1969, researcher Eberhard Fetz implemented the first brain-computer interface practice, proving that primates could control instruments based on the activity of a single neuron. Driven by multidisciplinary efforts, the concept of "brain-computer interface" was formally established in 1973, launching academic research. After decades of scientific exploration and technological evolution, brain-computer interfaces have moved from science fiction to reality, and have entered a critical stage of transformation from basic research to industry. 3
3 Content sources: 2023 Zhongguancun Forum-Brain-Computer Interface Innovation and Development Sub-forum, "2022 Brain-Computer Interface Industry Research Report" by Danke Research Institute
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(3) Future potential
① The release of policy dividends is accelerating, and the industrial ecology is improving day by day.
Our country has listed brain science and brain-inspired research as strategic technology fields leading the future. It will become a key node in the development of the brain-computer interface industry in 2025. Top-level design, industrial support, medical pricing and long-term planning will work together, and the industry development environment will continue to be optimized. Seven departments including the Ministry of Industry and Information Technology jointly issued the "Implementation Opinions on Promoting the Innovation and Development of the Brain-Computer Interface Industry", which stipulates that key technological breakthroughs will be achieved in 2027, the three major systems of technology, industry and standards will be initially established, and a safe, reliable, and internationally leading industry will be formed in 2030. Ecology; the National Medical Insurance Administration issued the "Guidelines for the Establishment of Price Projects for Neurological Medical Services (Trial)" to set up price projects for invasive and non-invasive brain-computer interface services. Each province has successively implemented supporting guidelines, effectively opening up the key links between clinical application and marketization. The "15th Five-Year Plan" announced in March 2026 further looks forward to the layout of future industries, clearly promotes brain-computer interfaces to create new economic growth points, supports new electrodes, special chips, encoding and decoding algorithms, Chinese corpora and other key technical research, accelerates large-scale application in the fields of brain disease diagnosis and treatment, sports rehabilitation, health monitoring, etc., and provides solid policy guarantee for the long-term high-quality development of the industry.
②Technological iteration accelerates breakthroughs, driving performance improvement and cost optimization
Currently, brain-computer interface technology is undergoing unprecedented rapid iterative upgrades. On the signal collection side, non-invasive devices continue to make breakthroughs in signal quality and portability. Signal processing and decoding capabilities are driven by artificial intelligence, and their accuracy, speed, and adaptability have greatly improved, making it possible to recognize more complex intentions and achieve more natural interactions. In the invasive field, the research and development of core devices such as flexible electrodes will continue to improve system safety, comfort and long-term stability; at the system level, multi-modal integration of electromyographic signals and EEG signals is becoming a key trend to improve overall stability and reliability. At the same time, multidisciplinary collaborative innovation in materials science, micro-nano processing and chip design is continuing to promote the performance improvement of core devices and the reduction of large-scale production costs. These breakthrough developments throughout the technology chain jointly drive the brain-computer interface system to accelerate from laboratory research to practical application, and provide strong technical support for its expansion from the medical-grade professional market to the broad consumer-grade field, and ultimately realize large-scale commercial applications.
③Application scenarios continue to expand, medical rehabilitation takes precedence, and non-medical fields have promising potential
Currently, medical rehabilitation is the field with the most mature brain-computer interface technology and the fastest commercialization process. It has demonstrated significant clinical value in communication and control of severe motor dysfunction, neurological rehabilitation after stroke, epilepsy monitoring and early warning, and diagnosis and treatment of mental illness. The market demand is rigid and urgent. At the same time, the exploration of emerging application scenarios such as education, entertainment, and intelligent interaction is accelerating. For example, portable brain-computer interface devices for attention monitoring and fatigue warning have broad prospects in fields such as education assistance and driving safety; in the industrial field, cognitive load assessment and safety assurance systems for workers based on brain state monitoring also have huge market space. The continuous deepening and diversified development of application scenarios will become the core driving force for the long-term growth of the industry.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(2) Main business introduction
- Intelligent manufacturing: driving intelligent production and empowering industrial upgrading
(1) Introduction to business model
The intelligent manufacturing business focuses on providing customers with personalized overall solutions. The business fully covers eight core areas of biological fermentation, chemical synthesis, traditional Chinese medicine extraction, auxiliary sections, solid preparations, powder engineering, sterile isolation and intelligent packaging, and has built full industry chain service capabilities.
Based on the five core advantages of "precise customized design, seamless full-process control, AI deep empowerment, intelligent technology integration, and EPC turnkey projects", the company has formed a closed-loop intelligent service: deeply matching customer needs through precise customized design, achieving end-to-end closed-loop management with seamless full-process control, relying on deep AI empowerment to drive continuous process optimization, relying on advanced technology integration to ensure the full implementation of intelligence, and superimposing the EPC model to provide one-stop delivery services.
(2) Product system introduction
The company has now built an intelligent manufacturing product system covering the entire industry chain. With the five-dimensional closed-loop system of "quality traceability, equipment sensing, process controllable, data analysis, and process optimization" as the core structure, the company helps customers achieve manufacturing upgrades, green transformation, efficiency leaps, and quality closed loops through the five-dimensional upgrade path of accurate perception, dynamic coordination, process reengineering, knowledge management, and model innovation.
Bottom layer (intelligent equipment layer): As the hardware cornerstone of automated production, the infrastructure is built with intelligent equipment as the physical carrier, covering core products such as powder process equipment, intelligent logistics equipment, intelligent testing equipment, intelligent packaging equipment, virtual design and manufacturing platforms, and valve actuators. Taking the field of intelligent detection as an example, its near-infrared detection products use cutting-edge technologies such as near-infrared and Raman spectroscopy to achieve second-level real-time monitoring in key application scenarios such as fermentation, accurately capturing multi-dimensional key parameters such as glucose and amino acids in fermentation broth, effectively breaking through the time delay limit of traditional offline sampling. These high-efficiency, high-precision real-time data provide a solid real-time perception foundation for upper-level control and decision-making.
Middle layer (automation control layer): realize precise management and control based on the automation control system, integrating DCS (distributed control system), PLC (programmable logic controller), Batch (batch process control system), PCS (process control system), SIS (safety instrumented system), G Mainstream control units such as DS (gas detection system), PAT (process analysis technology), BMS (building management system), and EMS (environmental monitoring system) ensure accurate execution of process parameters and safe response to abnormal working conditions through the closed-loop linkage mechanism of sensors, controllers, and actuators.
The top layer (information software layer): focuses on the central role of industrial software in decision-making. The core products include the independently developed AI-driven BioAlStation (biological manufacturing system).
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
System), MOM (Manufacturing Operations Management System), iMES (Manufacturing Execution System), MTS (Material Tracking System), WMS (Warehouse Management System), EnMS (Energy Management System), EQMS (Enterprise Quality Management System), SCADA (Data Acquisition and Monitoring System) and other digital platforms. Industrial software deeply integrates process understanding and production processes, opening up the entire chain of information flow, data flow and logistics from planning to production, and realizing an intelligent closed loop of full life cycle traceability of quality, global awareness of equipment, full process control, full-dimensional data analysis, and full-link process optimization.
Above the top layer (big data and AI cloud platform layer): relying on the big data cloud platform, continue to expand AI scenario applications.
(3) Business development planning
As the company's core business, intelligent manufacturing has established "diversified layout" and "deep integration of AI" as the strategic direction of this sector.
①Diversified layout
Since its establishment, the company has been deeply involved in the production of biological fermentation APIs. As an early pioneer of automation control technology in this industry in China, it has built significant technical barriers and maintained its leading position in the industry for a long time by relying on its in-depth understanding of fermentation processes and continuous innovation. On the basis of consolidating its core advantages, the company takes "collaborative development of the entire industry chain" as its strategic orientation, relies on the technological accumulation of biological fermentation processes, and carries out multi-dimensional expansion along the pharmaceutical industry chain: horizontally extending to the fields of chemical synthesis and traditional Chinese medicine extraction, vertically connecting powder preparations and intelligent packaging links, and ultimately forming a closed-loop ecological system covering the entire process of the pharmaceutical industry.
Facing the industrial opportunities brought by the technological revolution of synthetic biology, the company actively promotes business layout and builds a multi-field application ecosystem with biomedicine as the foundation and synthetic biology technology as the engine. Through the cross-border empowerment of synthetic biotechnology, the technological accumulation in the field of biomedicine has been transformed into an innovative fulcrum that breaks through industry boundaries. At present, the business has widely covered biomedicine, food, enzyme preparations, nutrition and health care, agriculture, chemicals and new materials, cosmetics and other fields.
②AI deep integration
"AI deep integration" is the core strategic pivot for the company's intelligent manufacturing business to achieve leapfrog development. The integration of "AI" and "intelligent manufacturing" is by no means a simple superposition of technical elements, but deeply penetrates AI's perception, analysis, and decision-making capabilities into full-chain scenarios such as production unit interconnection, manufacturing link collaboration, and resource scheduling adaptation. The core lies in building systematic collaboration between technology and the entire manufacturing process.
With the help of AI's dynamic perception and intelligent analysis of the production process, we can promote the upgrade of the manufacturing process from passive response to active prediction, and improve the accuracy and accuracy of process control.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Flexibility; relying on intelligent algorithms to globally optimize the supply chain, production capacity planning and other dimensions to enhance the synergy and response speed of overall operations; relying on data intelligence to break reliance on experience and promote the evolution of manufacturing models in a more adaptable and forward-looking direction.
This deep integration is reshaping the production and operation paradigm from the bottom up, building quantifiable and sustainable differentiated competitive advantages, stabilizing the company's continued leadership in the field of intelligent manufacturing, and helping customers break through the boundaries of traditional automation and open up new value spaces.
- Rehabilitation medicine: protect the health of the whole people and provide inclusive rehabilitation services
(1) Introduction to business model
Since its establishment, Longzhijie has always taken high-quality products as its core strategic fulcrum and established tertiary hospitals as the strategic core of its business development. Through precise strategic layout and in-depth operations, it has achieved service coverage in more than 90% of tertiary hospitals nationwide, building industry-leading brand influence and professional reputation. As the business system matures, the company has steadily promoted market penetration, and its service network has extended to secondary hospitals, specialist medical institutions and primary medical institutions, gradually building a full-scenario service network covering the "three-level rehabilitation diagnosis and treatment system".
As a provider of rehabilitation solutions, the company focuses on providing professional and intelligent rehabilitation equipment and solutions for medical institutions, elderly care services institutions, sports institutions, etc. The business model adopts a dual-channel strategy of "distribution as the mainstay and direct sales as the supplement", relying on the nationwide dealer network to achieve deep market coverage and ensuring rapid response to customer needs; at the same time, the direct sales team accurately serves key customers to form a complementary channel structure. Based in China and serving the world, the company's products have entered more than 5,000 domestic medical institutions and are exported to more than 30 countries and regions around the world.
(2) Business content introduction
①Development overview
With the deepening of the construction of China's rehabilitation medical system, the company has accurately grasped the evolution of the industry and established a stepped coverage strategy of "tertiary hospitals → secondary hospitals/specialty hospitals → primary medical institutions → high-quality ecology". In the early stages of development, the company used tertiary hospitals as a strategic fulcrum to promote local substitution of rehabilitation medical equipment. With the advantages of product performance stability and clinical effects, it quickly gained recognition from tertiary hospitals. It not only established a technical benchmark in the industry, but also formed a brand recognition of "high-end quality". In response to the guidance of the national hierarchical diagnosis and treatment policy, the market strategy gradually extended to secondary hospitals, specialist hospitals and primary medical institutions, and finally achieved full coverage of the tertiary rehabilitation medical service system.
Currently, the company's business is showing a core development trend of "high-end leadership + grassroots penetration": First, the urban medical side is accelerating its transformation to high-quality services. Urban medical institutions such as tertiary and secondary hospitals and specialist hospitals are undergoing a profound transformation from the infrastructure construction stage of rehabilitation medicine to the high-quality service stage, driven by the dual drive of demand upgrades and technological iterations. The demand for precise and high-end products and services has increased significantly. Secondly, grassroots medical institutions have entered the golden period of infrastructure construction of rehabilitation medicine. Compared with urban medical institutions, the construction of grassroots rehabilitation departments started late, and there is still much room for improvement in market penetration. In the context of the accelerated aging of the population and the deepening of hierarchical diagnosis and treatment policies, primary medical institutions continue to demand for the popularization of rehabilitation equipment, standardization of service processes and standardization of clinical pathways, and the market expansion potential is significant.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
②The core of the "high-end leadership" strategy: focusing on "high quality + refinement" to build differentiated competitiveness
A. Four major technology platforms build the cornerstone of rehabilitation equipment innovation
The cornerstone of high-quality medical services lies in the quality of medical equipment, and the core of equipment quality comes from technological innovation. At present, the company has built a technology research and development platform covering four major fields: electrotherapy, pneumatics, electrics, and acousto-optical thermomagnetic.
The electrotherapy technology platform is based on low/medium/high frequency current stimulation acting on the human body to achieve goals such as analgesia, promoting blood circulation, preventing muscle atrophy and improving neurological function. It is widely used in neurological rehabilitation, pain rehabilitation, orthopedic rehabilitation and mental rehabilitation and other fields. The pneumatic technology platform takes pneumatic drive as the core and uses periodic pressure changes to implement limb circulation therapy and joint mobility training, significantly improving the rehabilitation efficiency and comfort of patients with limited movement after surgery. The electric technology platform relies on motor-driven precision mechanical structures to achieve precise and controllable rehabilitation training and therapeutic movements, and mainly serves sports therapy products in the field of sports medicine. The acousto-optical thermomagnetic technology platform focuses on the research and application of physical factors such as sound therapy, light therapy, heat therapy, and magnetic therapy. All types of technologies have unique value in the field of rehabilitation.
At present, the company has deep technical reserves and a complete product matrix in the fields of electrotherapy, pneumatics, and electrics. In the future, development will focus on two major directions: First, empower product upgrades with new technologies such as brain-computer interfaces and artificial intelligence. For example, the brain-computer interface function is used to transform the rehabilitation process from passive to active and build a "treatment-feedback" closed-loop model; at the same time, AI technology is used to improve the accuracy of rehabilitation assessment, training, and treatment, and to optimize the scientific nature of the patient's full-cycle treatment plan. Second, actively promote the collaborative application of multi-modal physical factors, double the efficacy through the synergy of different physical factors, and provide more efficient solutions for complex rehabilitation scenarios. For example, the company's new product launched in 2025 - the swallowing neuromuscular low-frequency electrical stimulator (LGC-2352D series), as the first tongue pressure assessment device in China, innovatively integrates intelligent tongue pressure collection technology and low-frequency electrical stimulation therapy to achieve a closed-loop management of "assessment-treatment-re-evaluation", effectively improving the diagnosis and treatment level of swallowing dysfunction, and successfully filling the gap in the field of oral swallowing function assessment technology in my country.
In terms of the acousto-optical thermomagnetic technology platform, the company is working hard to develop more new rehabilitation technologies, currently focusing on shock wave technology and magnetic stimulation technology. Shock wave technology utilizes the physical properties of mechanical waves for treatment. It has become an important direction in rehabilitation medicine due to its characteristics of "multi-effect mechanisms, non-invasive reach, and wide range of indications." Shock wave technology is mainly divided into two categories: divergent and focused. In the field of divergent shock wave technology, the company has established significant advantages: the independently developed pneumatic ballistic extracorporeal shock wave therapy device is the first of its kind in China. It is not only the first similar product in China to pass CE certification, but also the first in Asia to be certified by the International Conference on Shock Wave Therapy (ISMST).
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
certified products. In the future, the company will accelerate the development of focused technology on the basis of deepening the research on divergent shock wave technology; at the same time, relying on the integration trend of precision medicine and artificial intelligence, the company will promote the breakthrough of shock wave therapy in the direction of personalized plan customization, intelligent operation and multi-modal combined treatment. Magnetic stimulation technology is also a key investment direction of the company. It has launched transcranial magnetic stimulators, transcranial magnetic navigation robots, pelvic floor magnetic stimulators and other products, and will continue to improve the product system in this field in the future.
B. Build a refined, full-cycle intelligent rehabilitation service matrix
In terms of service content iteration, the company has completed the advancement from single product sales to professional solutions in segmented fields. Specialist solutions have formed a full-process service closed loop from precise assessment to precise rehabilitation training and physical therapy. Its core value lies in promoting the upgrade of the service model from traditional product supply to high value-added value services. Based on the actual needs of different groups of people and different disease scenarios, the company has built a professional solution system covering multiple fields, covering neurological rehabilitation, sports medicine rehabilitation, elderly chronic disease rehabilitation, postoperative rehabilitation, maternal and childbirth rehabilitation, mental rehabilitation and many other directions.
In the future, the development direction of specialist solutions will mainly include the following two points: First, full-cycle service layout. On the one hand, it extends to the front end, extending the timing of rehabilitation intervention to acute stages such as ICU, emergency room, and operating room, shortening the inpatient rehabilitation cycle and improving rehabilitation efficiency through early intervention; on the other hand, it extends to the back end, extending services to home rehabilitation scenarios, building a full-cycle rehabilitation service chain covering the "acute phase - recovery period - maintenance period" to achieve seamless connection inside and outside the hospital. Second, digitalization and intelligence. By promoting the intelligent upgrading of rehabilitation equipment, the transformation from "experience-oriented" to "data-driven" is achieved to facilitate precise rehabilitation; at the same time, relying on the Internet of Things and other technologies to achieve intelligent management of rehabilitation equipment lays the foundation for the construction of a medical alliance and a medical community.
③The core of the "grassroots penetration" strategy: Promote the popularization of professional rehabilitation and open up the "last mile" of rehabilitation
Under the strategic guidance of national policies to drive grassroots rehabilitation development, the company innovatively creates an integrated overall solution of "equipment + technical services" to accurately solve the three core pain points of grassroots institutions' lack of resources, lack of experience, and inefficient operations.
The plan works together through the five major professional systems of "site planning - equipment configuration - operation services - technical support - team building" to provide one-stop support from hardware construction to soft power cultivation for the grassroots: site planning clearly defines functional divisions and manpower allocation standards to build a solid service foundation; the equipment configuration link integrates full-cycle management from selection and procurement to clinical application training to ensure that the equipment is "useful and well-used"; operation services focus on management process optimization to improve institutional operation efficiency; technical support relies on practical
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Real-time remote guidance and multi-point practice collaboration promote technology sinking; team building strengthens fixed positions and staffing and stepped teaching to build a sustainable talent echelon.
The full-cycle service chain deeply empowers the construction of rehabilitation capabilities at the grassroots level, and combines the intelligent cloud platform to realize the standardization of rehabilitation processes and the digitization of department management, systematically breaking through the bottlenecks of grassroots rehabilitation development, and helping the implementation of graded diagnosis and treatment to achieve results, so that grassroots patients can enjoy standardized and high-quality rehabilitation services at their doorsteps.
(3) Business development planning
Driven by the deepening of policy iterations and the acceleration of industry changes, the company took advantage of the trend and proactively promoted strategic adjustments to its business layout: on the basis of continuing to deepen the business within medical insurance, it accelerated the expansion of the market for rigid needs outside medical insurance, and vigorously promoted the "brand overseas" strategy to form a three-dimensional driven development pattern of "deep cultivation of business within insurance, development of rigid demand outside insurance, and breakthrough in international markets". On this basis, we will use the exploration of cutting-edge technologies such as home care robots as the technical fulcrum to build an innovative growth pole empowered by technology. ① Focus on clinical needs and intensively cultivate the on-guaranteed market
As the company's traditional advantage area, in-hospital business has always been the ballast of performance. Facing the profound changes in the medical industry, the company takes "clinical demand orientation" as its strategic fulcrum and continues to strengthen its in-hospital service moat through technological breakthroughs and model innovation.
At the product development level, we focus on core clinical needs, focus on promoting the research and development and clinical transformation of transcranial magnetic, transcranial electromagnetic, and brain-computer interface series products, create differentiated competition barriers with high value-added innovative products, and break through the homogeneous competition dilemma of traditional medical equipment.
In terms of service scenario expansion, the company continues to extend its focus on sub-specialty clinical integration: taking the rehabilitation department as the basis, under the framework of the DRG/DIP fee control policy, it improves patient treatment effects through early rehabilitation intervention, optimizes the hospitalization cycle, and builds a seamless clinical path of "treatment-rehabilitation"; at the same time, it actively explores new business scenarios in sub-specialties such as mental rehabilitation, and deepens the layout of sub-specialty fields.
② Focus on the rigid demand market and build a second growth curve
Driven by the deepening of medical insurance cost control policies and the upgrading of residents' health consumption, it has become an inevitable trend in the industry to develop the "hard-demand" market, and will form the core engine of the company's second growth curve.
The company actively develops new outpatient rehabilitation scenarios to meet diversified needs: on the one hand, it provides precise services to groups with non-surgical indications and relieves their dysfunction, pain, sports injuries and mental health problems such as insomnia, anxiety, and depression through rehabilitation and other non-drug therapies; on the other hand, it lays out the high-end rehabilitation incremental market and deeply connects with high-end
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
To meet the needs of net-worth people, we focus on expanding high-value channels such as international medical departments and high-end private hospitals, and comprehensively broaden the boundaries of business growth.
At the same time, the company focuses on home health management scenarios and vigorously promotes home rehabilitation business: it continues to iterate the product matrix adapted to home scenarios, builds full-chain online channels, builds a sales system on mainstream e-commerce platforms such as JD.com and Taobao, and relies on the advantages of in-hospital brand reputation to strongly guide out-of-hospital business.
③Promote brands to go overseas and expand global market territory
"Brand overseas" is the key strategy to promote the "Longzhijie" brand to go global. In recent years, the company's global market territory has continued to expand, and its business has gradually expanded from the core markets of Europe and the United States to North America (the United States, Canada, etc.), South America (Brazil, Chile, etc.), Europe (Russia, the United Kingdom, Spain, etc.), Asia (South Korea, Thailand, Turkey, etc.) and other regional markets. In the future, the company will continue to deepen its global layout, consolidate and expand its international influence.
- Brain-computer interface: explore health technology and open up new service areas
(1) Introduction to business model
The company's brain-computer interface business is led by its holding subsidiary BrainLink Technology, with research and development as its core driving force. It focuses on the independent research and development and technological iteration of high-performance brain-computer interface core hardware and EEG signal decoding algorithms, and continues to improve its technical competitiveness in the entire chain from signal acquisition, processing to analysis.
The company focuses on human-computer interaction and neurological function assessment applications based on accurate EEG decoding, and builds systematic solutions for auxiliary diagnosis, rehabilitation medicine and other serious medical treatments. At the same time, it continues to develop intelligent brain-computer interface products in non-medical fields and expands diverse application directions such as education, elderly care, and health.
In terms of technology and talent reserves, the company relies on its in-depth strategic cooperation with Tsinghua University to open up a full-chain transformation path from laboratory research to industrialization. At the same time, through the construction of an interdisciplinary talent echelon, it integrates superior resources in the fields of computer science, biomedical engineering, electronic science and technology, and forms a full-process, controllable independent research and development system.
(2) Product system introduction and business development planning
According to the arrangement of neural signal acquisition equipment in the human body, brain-computer interface technology paths can be divided into two categories: invasive and non-invasive. The company currently has layouts in both technology paths and has formed their own key directions for different application scenarios.
Non-invasive brain-computer interface technology is mainly realized by collecting scalp EEG signals. With the advantages of non-invasive, safe and low cost, it has become a key direction of the company's current layout. The company focuses on core technology research and development and commercialization, and has built a complete product system with core intellectual property rights. At the hardware level, the independently developed EEG collection equipment covers mainstream technology types such as gel electrodes, saline electrodes, and flexible dry electrodes. The EEG amplifiers launched simultaneously support multi-channel specifications and can be flexibly adapted to medical and consumer application scenarios. At the algorithm level, the company has built an independent technology system covering the entire process of EEG signal processing and decoding, forming core capabilities such as high-precision signal acquisition, real-time decoding optimization, and cross-scenario algorithm adaptation, providing technical guarantee for the stable operation of the system under multi-tasks and multi-environment conditions. At the application level, the company focuses on medical scenarios and actively explores application potential in non-medical fields. The medical field uses neurorehabilitation as a breakthrough to promote the upgrade of traditional musculoskeletal training to an active rehabilitation model of "brain-limb dual pathway activation", and continues to explore new scenarios such as mental illness diagnosis and treatment. In the non-medical field, the application of diversified scenarios such as education, sleep, and elderly care is steadily promoted.
Invasive brain-computer interface technology relies on intracranial EEG signal collection to obtain high-quality, high-resolution neural signals. The company focuses on building an animal experiment platform as a core verification platform for the safety, effectiveness and key technical solutions of self-developed products. It is also open to hospitals, universities and scientific research institutions to build a collaborative innovation platform and industry ecology.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(3) Operation analysis in the first half of 2026
In the first half of 2026, the company was issued a non-standard audit opinion for its 2025 financial report and internal control audit report, and its stock transactions were issued a delisting risk warning and other risk warnings were superimposed. Faced with this dilemma, the company's management actively responded in two core directions: First, it made every effort to stabilize the fundamentals of operations and ensure the normal operation of the main business and the stability of market channels; second, it systematically promoted audit rectification work, effectively eliminated relevant risk matters, and made every effort to withdraw the risk warning as soon as possible.
In the first half of 2026, the company achieved operating income of 348 million yuan, a year-on-year decrease of 14.79%; the net profit attributable to shareholders of the listed company was -29.0717 million yuan, a year-on-year decrease of 156.81%. As of the end of the reporting period, the company's total assets were 3.121 billion yuan, a year-on-year decrease of 1.26%; the net assets attributable to shareholders of listed companies were 1.312 billion yuan, a year-on-year decrease of 2.16%. In terms of sectors, the intelligent manufacturing sector achieved operating income of 257 million yuan, a year-on-year decrease of 11.49%, and the net profit attributable to shareholders of listed companies was -9.5214 million yuan, a year-on-year decrease of 144.85%; the rehabilitation medical sector achieved operating income of 90.8596 million yuan, a year-on-year decrease of 22.91%, and the net profit attributable to shareholders of listed companies was -19.5504 million yuan, a year-on-year decrease of 165.28%.
Facing the pressure of market trust brought by risk warnings, the company regards "stabilizing operations" as its top priority. Externally, the management actively strengthens communication and docking with core customers, key suppliers and financial institutions, frankly explains the company's determination to rectify and operate the current situation, stabilizes supply chain relationships and market cooperation confidence, and makes every effort to ensure the normal delivery of orders and project advancement, ensuring that there are no major interruptions in production and operations; internally, it optimizes resource allocation, strengthens repayment and cash flow management, and ensures the safe operation of the capital chain.
While stabilizing its fundamentals, the company continued to promote technological research and market expansion, and won a number of important honors despite adversity. In June 2026, the "Process Online Optimization Solution" self-developed by the company's intelligent manufacturing sector successfully passed the acceptance of the intelligent manufacturing "unveiling the list" project jointly organized by the Ministry of Industry and Information Technology and the State Administration for Market Regulation, further consolidating the company's industry position in the field of pharmaceutical and biological intelligent manufacturing and laying a solid foundation for subsequent market expansion. In the field of rehabilitation medicine, subsidiary Long Zhijie won the second prize of the 7th China Ethnic Medicine Association Science and Technology Award for its "non-invasive electric field acupuncture navigation robot based on deep evolutionary learning". In the field of brain-computer interface, the company's self-developed standardized neural signal acquisition and analysis platform was officially unveiled at the China Brain-Computer Interface Competition. This platform directly addresses the pain points of scattered data, inconsistent standards, and repeated environment construction in clinical and scientific research work. It runs through the entire process of patient management, signal collection, data analysis, and treatment feedback, transforming neural signals from isolated data into long-term data assets that support continuous evaluation and clinical research.
In response to the internal control deficiencies disclosed in the audit report, the company attached great importance to it and established an internal control rectification leading group headed by the chairman of the board at the end of April 2026 to formulate a systematic rectification plan focusing on the three major directions of improving the internal control system, consolidating the financial foundation, and improving compliance management. In order to ensure the objectivity and authority of the rectification work, after review and decision-making by the Audit Committee, the company independently hired Zhongxinghua Accounting Firm as a third-party intermediary agency to assist in the verification and verification of self-examination and rectification. On this basis, the company held a meeting for all middle and senior managers in July to systematically publicize and implement the rectification plan, consolidate rectification responsibilities, and simultaneously carry out regular compliance training and case warning education. The above measures reflect the company's firm determination to face up to problems and resolve risks. The company will continue to make every effort to promote various rectification work and strive to eliminate relevant risk warning matters as soon as possible.
Beijing Chengyitong Control Technology Group Co., Ltd.'s 2026 Semi-Annual Report The company needs to comply with the disclosure requirements of "Medical Device Business" in the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 4 - GEM Industry Information Disclosure":
Since the beginning of 2026, the company has added 7 new medical device registration certificates, filing certificates and foreign certifications. As of the report disclosure date, the company has a total of 116 domestic and foreign medical device registration certificates, filing certificates and international certifications. In addition, cut
As of now, there are still 12 products in the process of registration application.
Order Registration
Product name Clinical use/scope of application Certification date Validity number Classification
1 Hypothermic shock analgesia device Class II is used to assist in the treatment and relief of swelling and pain caused by acute soft tissue injury. 2023/4/11 2028/4/10
The patient's trunk and limbs are suspended through the ropes and slings in the accessories, providing weight reduction and support for patients to perform suspension rehabilitation training. Under the guidance of medical staff
2 Suspension Rehabilitation Trainer Category I 2018/3/8 Permanent
Next, the patient performs active training.
3 Electric lift Category I Used for transporting and moving patients in medical institutions 2018/5/4 Permanent 4 Medical negative pressure fixation pad Category I Used for patient positioning, fixation or support during radiotherapy, surgical treatment, and rehabilitation 2021/4/26 Permanent 5 Suspension training system Category I Used for rehabilitation training of patients with joint dysfunction. Passive products. Under the guidance of medical staff, patients undergo active training. 2021/7/29 Permanent 6 Upper Limb Comprehensive Training Device Category I is used for rehabilitation training of patients with joint dysfunction. 2022/11/11 Permanent 7 Limb Pressure Sleeve Category I Used to promote the return of blood and lymph fluid. 2023/3/22 permanent
It is suitable for auxiliary treatment of cerebrovascular accidents, brain trauma, brain surgery, limb dysfunction caused by spinal cord lesions and peripheral non-embolic vasculitis, as well as the prevention of venous vasculitis.
8 Air wave pressure circulation therapy device Category II 2006/4/18 2029/3/7
thrombosis and reduce limb edema.
9 Magnetic vibration thermal therapy device Category II is suitable for auxiliary treatment of chronic soft tissue injuries and neck, shoulder, waist and leg pain. 2007/9/26 2028/1/25 10 Medium frequency interference electric therapy device Class II has the functions of analgesia, muscle training, promoting blood circulation, softening scars and loosening adhesions. 2010/10/25 2028/1/25 11 Low-frequency electronic pulse therapy device Category II is suitable for auxiliary treatment of lumbar muscle strain, shoulder and neck pain and soft tissue injury. 2012/4/13 2028/1/25 12 Electromagnetic field therapy device Category II is suitable for auxiliary treatment of fracture trauma, reducing swelling, relieving pain, and promoting fracture healing. 2003/1/7 2029/8/5
Suitable for biomechanical therapy, myofascial trigger points, tendon insertion dysfunction, muscle and connective tissue activation, acupuncture and shock wave therapy. Used for frozen shoulder, humerus
13 Pneumatic ballistic extracorporeal shock wave therapy device Category II 2013/1/23 2030/1/29
Adjuvant treatment for condylitis and Achilles tendonitis.
14 Electric heating wax therapy bag type II is suitable for hot compress physiotherapy. 2013/4/7 2031/5/27 Suitable for passive and active training of patients’ upper limbs and/or lower limbs. Among them LGT-5100P, LGT-5100PS, LGT-5100PE, LGT-5100S,
LGT-5100SE, LGT-5100D, and LGT-5100DE are suitable for rehabilitation training of adult patients with upper and lower limb motor dysfunction, and LGT-5100DC is suitable for upper and lower limb motor dysfunction.
15 Upper and lower limb active and passive rehabilitation training devices Category II 2014/3/14 2028/2/1 Rehabilitation training for children with lower limb motor dysfunction, LGT-5100LS, LGT-5100L, LGT-5100LD, LGT-5100LE are suitable for lower limb motor function
Bedside rehabilitation training for adults with disabilities.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
It is suitable for transcutaneous analgesia and improvement of muscle atrophy, nerve and muscle stimulation and non-invasive acupuncture treatment. LGT-2311CS, LGT- with electroacupuncture function
16 Adsorption point stimulation low-frequency therapy device Class II 2311CP, LGT-2311DS, LGT-2311DP models are used in medical institutions for low-frequency electric pulse acupuncture treatment on the human body, and are suitable for relieving pain caused by lumbar disc herniation 2014/6/24 2029/3/7.
Suitable for the absorption of soft tissue sprains, contusions, myofibrositis, arthritis, soft tissue inflammation (furuncle, carbuncle, cellulitis, erysipelas, mastitis, lymphadenitis)
17 Infrared polarized light therapy device Category II 2014/10/17 2028/7/12
Adjuvant treatment of stage and neuralgia.
18 Low-frequency spasmodic muscle electrical stimulation therapy device Category II stimulates the spasmodic muscles and antagonistic muscles to contract, and conducts electrical stimulation to improve and relieve muscle spasm caused by central nervous system lesions. 2015/8/12 2029/10/27 19 Low-frequency neuromuscular electrical stimulator Class II performs neuromuscular training through electrical stimulation of the patient's body surface. 2016/3/21 2030/9/17 20 Cerebral circulation electrical stimulator Class II Stimulates the bilateral mastoid area through electric current to improve brain blood circulation. Stimulates limbs through electric current for electrical stimulation treatment of nerves and muscles. 2016/7/18 2030/8/9 21 Diagnostic image processing software Category II Suitable for processing of human body digital X-ray images and dynamic images (swallowing imaging), excluding automatic diagnosis part. 2016/11/14 2031/2/22 22 Swallowing neuromuscular low-frequency electrical stimulator Category II is suitable for auxiliary treatment of swallowing dysfunction caused by neuromuscular injury. 2017/7/18 2027/7/17 23 Handheld neuromuscular low-frequency electrical stimulator Class II excites nerve muscles and relieves disuse muscle atrophy. Relieve pain. 2018/10/26 2028/10/25 24 Balance function assessment and training system Category II is used to evaluate and train patients’ balance ability. 2019/1/18 2029/1/17 25 Wearable foot drop rehabilitation device Category II is used for rehabilitation training of foot drop caused by stroke or other central nervous system injuries. 2020/7/24 2030/7/23 26 Limb linkage rehabilitation training device Category II is suitable for rehabilitation training for patients with insufficient limb muscle strength. 2020/8/28 2030/8/27 27 Medical Diagnosis and Treatment Bed Category II It is used by medical personnel to support the patient's body and form a clinically required position when performing manual therapy. 2020/1/31 2030/3/17 28 Electric standing bed Category II is suitable for rehabilitation standing assistance training for patients with lower limb dysfunction caused by stroke. 2020/3/12 2030/3/11 29 Handheld neuromuscular low-frequency electrical stimulator Class II performs neuromuscular training through electrical stimulation of the patient's body surface. 2022/2/14 2027/2/13 30 Wearable foot drop rehabilitation device Category II is used for rehabilitation training of foot drop caused by stroke or other central nervous system injuries. 2022/3/25 2027/3/24 31 Electric standing bed Category II is suitable for rehabilitation and standing assistance training for patients with lower limb dysfunction caused by stroke. 2022/3/14 2027/3/13 32 Medical diagnosis and treatment bed Category II is used by medical personnel to support the patient's body and form a clinically required position when performing manual therapy. 2022/3/14 2027/3/13
Suitable for biomechanical therapy, myofascial trigger points, tendon insertion dysfunction, muscle and connective tissue activation, acupuncture and shock wave therapy. Used for frozen shoulder, humerus
33 Pneumatic ballistic extracorporeal shock wave therapy device Category II 2022/4/22 2027/4/21
Adjuvant treatment for condylitis and Achilles tendonitis.
34 Spastic muscle electrical stimulation therapy device Class II: Stimulates the spastic muscles and antagonistic muscles to contract, and performs electrical stimulation to improve and relieve muscle spasms caused by central nervous system lesions. 2022/8/11 2027/8/10 35 Cerebral circulation electrical stimulator Category II stimulates the bilateral mastoid area through electric current to improve brain blood circulation. Stimulates limbs through electric current for electrical stimulation treatment of nerves and muscles. 2022/8/11 2027/8/10 36 Electric heating wax therapy bag type II is suitable for hot compress physiotherapy. 2022/8/11 2027/8/10 37 Swallowing neuromuscular low-frequency electrical stimulator Class II is suitable for auxiliary treatment of swallowing dysfunction caused by neuromuscular injury. 2022/8/11 2027/8/10
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report 38 Neuromuscular Electrical Stimulator Class II performs neuromuscular training through electrical stimulation of the patient's body surface. 2022/8/11 2027/8/10 39 Adsorption point stimulation low-frequency therapy device Class II is suitable for transcutaneous analgesia and improving muscle atrophy, stimulating nerves and muscles and non-invasive acupuncture treatment. 2022/8/5 2027/8/4
It is suitable for auxiliary treatment of cerebrovascular accidents, brain trauma, brain surgery, limb dysfunction caused by spinal cord lesions and peripheral non-embolic vasculitis, as well as the prevention of venous vasculitis.
40 Air wave pressure circulation therapy device Category II 2022/6/28 2027/6/27
thrombosis and reduce limb edema.
41 Magnetic vibration thermal therapy device Category II is suitable for auxiliary treatment of chronic soft tissue injuries and neck, shoulder, waist and leg pain. 2022/7/22 2027/7/21 42 Electromagnetic field therapy device Category II is suitable for auxiliary treatment of fracture trauma, reducing swelling, relieving pain, and promoting fracture healing. 2022/8/15 2027/8/14 43 Medium-frequency interference electric therapy device Class II is suitable for auxiliary treatment of knee osteoarthritis, spondylosis, lumbar disc herniation, and lumbar muscle strain. 2022/6/20 2027/6/19 44 Low-frequency electronic pulse therapy device Category II is suitable for auxiliary treatment of lumbar muscle strain, shoulder and neck pain and soft tissue injury. 2022/9/29 2027/9/28 45 Physiotherapy body surface electrodes Type I are used on the skin surface to conduct the electrical stimulation signals output by the electrotherapy equipment to the human body through conductive materials. 2022/12/6 Permanent 46 Limb Pressure Sleeve Category I Used to promote the return of blood and lymph fluid. 2022/12/6 Permanent 47 Upper limb comprehensive training device Category I is used for rehabilitation training of patients with joint dysfunction. 2023/3/22 Permanent 48 Medical Negative Pressure Fixation Pad Class I Used for patient positioning and fixation during radiotherapy. 2023/3/22 Permanent 49 Upper limb joint rehabilitation device Category I Upper limb joint rehabilitation device is used for rehabilitation training of patients with joint dysfunction. 2023/3/24 Permanent 50 Physiotherapy Electrodes Category I When used, they are attached to the physiotherapy site. Cooperate with electrotherapy equipment such as medium and low frequency, interference electricity, etc. to conduct the electrical stimulation signal output by the electrotherapy equipment to the surface of human skin. 2023/5/12 Permanent 51 Body surface electrodes for nerve and muscle stimulators Category I are used on the skin surface to conduct the electrical stimulation signals output by the electrotherapy equipment to the human body through conductive materials. 2023/7/14 Permanent 52 Cognitive Rehabilitation Training and Assessment Software Category II Suitable for diagnosis and assisted rehabilitation of brain function injury and cognitive impairment caused by stroke, excluding automatic diagnosis function. 2023/9/11 2028/9/10 53 Examination bed Category I It is used for multi-position support and operation of patients during examination and simple treatment by medical staff in diagnosis and treatment rooms and emergency rooms. Does not include dental examination and diagnosis. 2023/8/29 Permanent 54 multi-joint isokinetic training and testing system Category II is used for the evaluation and rehabilitation training of joint muscle strength in patients with muscle dysfunction. 2023/12/19 2028/12/18 55 Pelvic floor muscle treatment head Type II Used in conjunction with pelvic electrical stimulation or myoelectric biofeedback host. Used to transmit electrical stimulation signals and pelvic floor myoelectric signals 2020/8/10 2030/8/20
biofeedback neuromuscular stimulation therapy
56 Category II: Suitable for collection, analysis and biofeedback training of patients' surface electromyographic signals, and treatment of muscle dysfunction through electrical stimulation and myoelectric triggering electrical stimulation. 2022/1/13 2027/1/12 work station
biofeedback neuromuscular stimulation therapy
57 Class II: Indicated for adjuvant treatment of neuromuscular dysfunction. 2021/2/25 2031/2/24
work station
58 Physiotherapy body surface electrodes Category I are used on the skin surface to conduct the electrical stimulation signals output by the electrotherapy equipment to the human body through conductive materials. 2021/7/2 Permanent 59 Pelvic Floor Muscle Rehabilitation Device Category I is used for women after childbirth or with reduced vaginal muscle strength to exercise vaginal muscles, improve the contraction ability of pelvic floor muscles, and relieve stress urinary incontinence, vaginal uterine bulge or prolapse. 2021/7/2 Permanent 60 Rehabilitation Training Device Category I is used for rehabilitation training for patients with joint dysfunction. 2022/5/20 permanent
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
It is used to increase the patient's venous blood flow rate during intermittent pneumatic compression, thereby helping to prevent deep vein thrombosis and pulmonary embolism; at the same time, it is suitable for
61 Intermittent pneumatic pressure system Category II For auxiliary treatment of cerebrovascular accidents, brain trauma, brain surgery, limb dysfunction caused by spinal cord lesions and peripheral non-embolic vasculitis, and prevention of venous blood 2024/5/15 2029/5/14
Thrombus formation, reducing limb edema.
62 Electromagnetic focused shock wave therapy device Category II This product is suitable for the auxiliary treatment of plantar fasciitis and calcific shoulder tendonitis. 2024/5/15 2029/5/14 63 Vibration physiotherapy device Category II is suitable for auxiliary treatment of shoulder periarthritis, pain caused by chronic soft tissue injury and limited joint movement. 2024/7/15 2029/7/14 64 Magnetic Field Stimulator Category II Stimulates the central nervous system and peripheral nerves of the human body, and is used for the detection and auxiliary treatment of the central nervous system and peripheral nerve functions of the human body. 2024/11/28 2029/11/27
Low-frequency electrotherapy modules are used to relieve neuromuscular dysfunction and pain. The medium frequency electrotherapy module is used to relieve peripheral nerve damage diseases, arthritis, contusions, bruises, shoulder
65 Low-medium frequency electrotherapy and ultrasonic therapy equipment Category II 2025/1/15 2030/1/14
Pain symptoms caused by periarthritis, sciatica, and cervical spondylosis. Ultrasound module is used to relieve muscle and joint pain.
66 Fumigation treatment device Category II is used in medical institutions and can be used with medicinal liquid for local fumigation treatment on the human body. 2025/3/26 2030/3/25
Electric resistance rehabilitation assessment training for upper and lower limbs. It is used by operators with relevant professional knowledge in medical institutions and rehabilitation institutions to conduct rehabilitation assessment and active rehabilitation training on the muscle strength or joints of patients' upper or lower limbs.
67 Category II 2025/7/2 2030/7/1 system practice.
It is used for airway clearance treatment during external thoracic treatment. It is suitable for patients with difficulty in expelling secretions or incomplete lung expansion caused by mucus obstruction. At the same time, it promotes airway clearance.
68 High-frequency chest wall oscillation expectoration device Category II 2025/7/17 2030/7/16
Remove or improve bronchial drainage and collect mucus for diagnostic evaluation.
69 Air pressure difference weight loss gait assessment and training system Category II is used for weight loss gait rehabilitation training for patients with lower limb walking impairment, and can be equipped with a gait assessment function. 2025/7/7 2030/7/6 70 Physiotherapy electrodes Category I When used, they are attached to the physiotherapy site. Cooperate with medium and low frequency and interference electric electrotherapy equipment to conduct the electrical stimulation signal output by the electrotherapy equipment to the surface of human skin. 2025/4/8 Permanent 71 Fumigation Treatment Cabin Category II is used in medical institutions and can be used with medicinal liquids for fumigation treatment of the human trunk. 2025/9/26 2030/9/25 72 Magnetic vibration thermal therapy device Category II is suitable for auxiliary treatment of chronic soft tissue injuries and neck, shoulder, waist and leg pain. 2025/10/14 2030/10/13 73 Swallowing neuromuscular low-frequency electrical stimulator Class II Suitable for auxiliary treatment of swallowing dysfunction caused by neuromuscular injury 2025/11/10 2030/11/9 74 Upper limb rehabilitation training system Class II Used by medical institutions for rehabilitation training of upper limb joints for patients with upper limb motor dysfunction. 2026/7/13 2031/7/12 75 Transcranial Electrical Stimulator Category II This product is suitable for the treatment of motor dysfunction, language disorder (aphasia), and swallowing disorder caused by brain injury. 2026/8/12 2031/8/11
Used in conjunction with a specific focused extracorporeal shock wave therapy device (non-shock wave lithotripsy), installed on the shock wave source generating surface, transmitting sound waves through the sound-transmitting membrane, preventing
76 Disposable Shock Wave Isolation Sound-Permeable Membrane Category I 2026/8/10 Permanently prevents microbial contamination and reduces the risk of cross-infection. The product is in surface contact with the patient's skin and is claimed to be suitable for use on intact skin only
This syringe pump can be used in conjunction with a syringe to control the injection of patients according to target controlled infusion (TCI, Target Control Infusion) mode or other ordinary injection modes.
Anesthetic drug flow in the body, in which the TCI mode is an auxiliary drug delivery function developed based on the pharmacokinetic model. The anesthesia professional selects the pharmacokinetic model and sets the drug.
77 Syringe Pump Class III 2020/12/7 2030/12/6 Target concentration, and during the medication process, adjust the target concentration according to the clinical medication effect to achieve clinical medication. This syringe pump is suitable for adults, children and adults in various clinical departments of the hospital.
For neonatal patients, TCI mode is only applicable to adult and pediatric patients.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report 78 Syringe Pump Category II Used in conjunction with a supporting syringe to control the flow of liquid injected into the patient's body. 2019/12/2 2029/12/1 79 Infusion pump Category II Used in conjunction with infusion sets for clinical intravenous infusion in medical institutions. 2020/11/4 2030/11/3 Thetreatment ofchronicmuscularpainandtendondisorders
LGT2200WM,LGT-2200L,andLGT-2200SPintendedfor:ProphylaxisofDeepVeinThrombosis(DVT)(Poststrokedeepvein
ElectricalExtracorporealShock
thrombosis,Posttraumaticdeepveinthrombosis)andProphylaxisandtreatmentofedema(Chronicvnousedema,Lymphedema,
80 WaveTherapyDevice、Ⅱa 2014/3/3 2028/12/31 Postmastectomylymphedema); LGT-2200DVTandLGT-2201DVTintendedfor:ProphylaxisofDeepVeinThrombosis(DVT)
CompressionTherapyDevice
ElectricalExtracorporealShockWaveTherapyDevice(drivenbyCompressedair)forthetreatmentofchronicmuscularpainand
tendondisorders(ModelLGT-2500S)
ActivePassiveTrainerforUpper
andLowerLimbs, Portable ActivePassiveTrainerforUpperandLowerLimbsisintendedtoimprovemotorfunctioninindividualswithParkinson'sdisease.
81 Ⅱa 2020/11/9 2028/12/31 Electro-StimulationTherapy Temporarilyalleviatearthritiskneepainandchronicaxiallowbackpain.Itistobeusedbyadultsonly.
Devices
Theelectrodeisintendedtobeusedtoapplyelectricalstimulationcurrenttothepatient'sskinandit'sintendedtobeusedwith
82 Electrode Ⅰ electricalstimulators.Thestimulatorsinclude,butarenotlimitedto,TENS(TranscutaneousElectricalNerveStimulation)andEMS 2025/6/5 / (ElectricalMuscularStimulation).
Thesleeveisusedtoapplypressuretothepatient'sskinwithcompressiontherapydevice.Beforetreatmentwiththecompression
83 Sleeves Ⅰ 2025/6/5 / therapy device, a correct examination and diagnosis should be performed.
Theconnectionhoseisusedtoconveycompressedairbetweencompressiontherapydevicesandsleeves,transmittingairpressure
84 Connectionhose Ⅰ 2026/4/30 / todeliver physical therapy through limb compression.
TheCompressionTherapyDeviceLGT-2200SPisintendedforthetemporaryreliefofminormuscleachesandpainsandforthe
85 CompressionTherapyDevice Ⅱ temporaryincreaseincirculationtothetreatedareas.Usinganinflatablegarment,itcansimulatethekneadingandstrokingof 2019/9/24/tissues.
TheCompressiontherapydevice(Model:LGT-2201DVT)isintendedtopreventDVT(DeepVeinThrombosis)byimprovingthe
bloodvelocityofpatients.
86 CompressionTherapyDevice Ⅱ 2019/9/24 / TheLGT-2201DVTisCirculationEnhancement,DeepVeinThrombosisProphylaxisEdema–Acute,Edema–Chronic,Extremity
PainIncidenttoTraumaorSurgery,LegUlcers,VenousStasis/VenousInsufficiency.
ActivePassiveTrainerforUpper ActivePassiveTrainerforUpperandLowerLimbsisarehabilitativetrainingthatissuitablefortheactiveandpassivemovementof
87 Ⅱ 2019/10/10 /
andLowerLimbs a person's lower and upper extremities.
88 ElectricalExtracorporealShock Ⅱ 1)MyofascialTriggerPoints 2019/10/16 /
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report WaveTherapyDevice LocalizingandDeactivatingTriggerPoints
Triggersarelocalizedatthelowenergylevel(approximately2bars)bypassingthetransmitteroverthemuscleregionbeingtreated(increasedsensitivitytopain)andthendeactivatedusingahigherenergylevel(approximately3bars).
2)ActivationofMuscleandConnectiveTissue
IncreasingCirculation
Promote blood flow through the tissue and boosting metabolism.
3)DisorderofTendonInsertions
①PlantarFasciitis,HeelPain,orHeelSpur
PlantarFasciitisisaninflammatoryconditionofthefootcausedbyexcessiveweartotheplantarfasciathatsupportsthearch. ②TendinosisCalcarea/Supraspinatus-Tendon
Shouldercalcificationsandchronicshoulderpain
③RadialandUlnarHumeralEpicondylitis
Tenniselbow,inflammationoftendonattachmentsoncubitalorradialpartofelbowjoint(humeral)
④Achillodynia
Paindue toinflammationoftheAchillestendonorthebursaassociatedwithit.
⑤RetropatellarPainSyndrome
Paininthefrontof,behind,andaroundthekneecap.
⑥TibialEdgeSyndrome
Painlocatedalongorjustbehindthemedialedgeofthetibia
⑦ProximalIliotibialBandFrictionSyndrome/TrochantericInsertionTendonitis
Painoracingontheoutersideofthekneeorhip
PortableElectro-StimulationTherapyDeviceistobeusedbyadultsonlyandhastwomodesNMESandTENS.
PortableElectro-StimulationNMESisusedtostimulatehealthymusclesinordertoimproveorfacilitatemuscleperformance.TENSisusedto:1.Temporary 89 Ⅱ 2021/8/24 / TherapyDevice reliefofpainassociatedwithsoreandachingmusclesduetostrainfromexerciseornormalhouseholdandworkactivities.2. Symptomaticreliefandmanagementofchronic,intractablepainandreliefofpainassociatedwitharthritis.
TheMStimDropLGT-233isintendedtoprovideankledorsiflexioninndividualswhohaveadroppedfootduetouppermotor PortableElectro-Stimulation neuroninjury.The deviceelectricallystimulatesmusclesintheaffectedlegtoprovideankledorsiflexionofthefootand/orknee 90 Ⅱ 2021/9/22 / TherapyDevice Flexion or extension; thus, it also may improve the individual'sgait.
TheMStimDropLGT-233mayalso:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report 1) Prevent/retarddisuseatrophy;
2)Maintainorincreasejointrangeofmotion;
3)Increase local blood flow.
1)MyofascialTriggerPoints
LocalizingandDeactivatingTriggerPoints
Triggersarelocalizedatthelowenergylevel(approximately2bars)bypassingthetransmitteroverthemuscleregionbeingtreated (increasedsensitivitytopain)andthendeactivatedusingahigherenergylevel(approximately3bars). 2)ActivationofMuscleandConnectiveTissue
IncreasingCirculation
Promote blood flow through the tissue and boosting metabolism.
3)DisorderofTendonInsertions
①PlantarFasciitis,HeelPain,orHeelSpur
PlantarFasciitisisaninflammatoryconditionofthefootcausedbyexcessiveweartotheplantarfasciathatsupportsthearch. ②TendinosisCalcarea/Supraspinatus-Tendon
ElectricalExtracorporealShock
91 Ⅱ 2021/10/27 / WaveTherapyDevice Shouldercalcificationsandchronicshoulderpain
③RadialandUlnarHumeralEpicondylitis
Tenniselbow,inflammationoftendonattachmentsoncubitalorradialpartofelbowjoint(humeral) ④Achillodynia
PainduetoinflammationoftheAchillestendonorthebursaassociatedwithit. ⑤RetropatellarPainSyndrome
Paininthefrontof,behind,andaroundthekneecap.
⑥TibialEdgeSyndrome
Painlocatedalongorjustbehindthemedialedgeofthetibia
⑦ProximalIliotibialBandFrictionSyndrome/TrochantericInsertionTendonitis Painoracingontheoutersideofthekneeorhip
ElectricalExtracorporealshockwavetherapydevicesaremainlyindicatedtotreatchronicmuscularpainandtendondisorders.The ElectricalExtracorporealShock
following indications are also included.
92 WaveTherapyDevice(LGT-Ⅱ 2024/7/17 / —Calcanealspur
2500X)
—Plantarfasciitis
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report—Achillodynia
TheElectricalExtracorporealWaveTherapyDeviceisdesignedtobeusedinpatientsover14yearsold. Cryotherapydevicesaremainlyindicatedtotreatacutesportinjuries.Thefollowingindicationsarealsoincluded. —Bruising
—haematomas
—strainedortornmusclesandrheumatism —epicondylitisradialisandulnaris —heelspur
—arthrosisoftheknee
93 CryotherapyDevice Ⅱ 2024/7/4 / —upperanklejointandvertebraljoint
—lumbarsciatica
—chronicbackpain
—Sudeck´ssyndromestageIandII
—post-surgerytreatments
Thecryotherapydeviceisdesignedtobeusedinpatientsover14yearsold. 1.LegCompressionwithsleeveisindicatedfor:
Deepvein thrombosis and pulmonary embolism prophylaxis.
2.FootCompressionwithsleeveisindicatedfor:
2.1.Circulationenhancement.
2.2.Deepvein thrombosis prophylaxis.
94 CompressionTherapyDevice Ⅱ 2.3.Edema-Acute. 2024/8/16 / 2.4.Edema-Chronic.
2.5.Extremitypainincidenttotraumaorsurgery.
2.6.LegUlcers.
2.7.Venousstasis/venousinsufficiency.
Thecompressiontherapydeviceisdesignedtobeusedinpatientsover14yearsold.Intendeduse:
TheActivePassiveTrainerforUpperandLowerLimbsisarehabilitativetrainingdevicesuitablefortheactiveandpassive ActivePassiveTrainerforUpper
95 Ⅱ movementofanadult’slowerandupperextremitieswhileseated. 2024/10/21 / andLowerLimbs
Indications:
Rehabilitationafterstroke
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual ReportTheindicationsoftheLGT-2900EUareasfollows:
Electrotherapy
PainManagement
lSymptomaticreliefofchronic,intractablepain.
lManagementofpainassociatedwithpost-traumaticorpostoperativeconditions. MuscleStimulation
lRelaxationofmusclespasms
lPreventionorretardationofdisuseatrophy
Ultrasound and Electrotherapy
96 Ⅱ lMusclere-education 2024/12/11 / Device)
lMaintainingorincreasingrangeofmotion
Ultrasoundtherapy
lUltrasound is indicated for conditions that benefit from the application of deep heat: relief of pain, muscle spasms and joint contractures. reducepain.
Combinationtherapy
lReductionofmusclespasm.
ThePortableElectroStimulationTherapyDevicecanbeusedtostimulatethemotornervestocontractthemusclestorelieve PortableElectroStimulation
97 Ⅱ amyotrophy,andcantemporarilyrelievemusclesorenesscausedbyexerciseornormalfamilyandworkactivities,andchronic 2024/12/2 / TherapyDevice
intractablepain.
PortableElectroStimulation TheLGT-2320BEcanstimulatenervesandmuscles,causingmusclecontraction. 98 Ⅱ 2024/12/3 / TherapyDevice TheLGT-2320BEcanbeusedforruptotwelvepatientsatthesametime.
TheindicationsoftheLGT-2900EUVareasfollows:
##Electrotherapy
PainManagement
Ultrasound and Electrotherapy Symptomatic relief of chronic, intractable pain.
99 Ⅱ 2024/12/11 / Device) lManagementofpainassociatedwithpost-traumaticorpostoperativeconditions. MuscleStimulation
lRelaxationofmusclespasms
lPreventionorretardationofdisuseatrophy
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual ReportlMusclere-education
lMaintainingorincreasingrangeofmotion
Ultrasoundtherapy
lUltrasound is indicated for conditions that benefit from the application of deep heat: relief of pain, muscle spasms and joint contractures. reducepain.
Combinationtherapy
lReductionofmusclespasm.
TheindicationsoftheLGT-2900Uareasfollows:
lUltrasoundisindicatedforconditionsthatbenefitfromtheapplicationofdeepheat:reliefofpain,musclespasmsandjoint UltrasoundandElectrotherapy
100 Ⅱ contractures.Theobjectiveoftherapeuticultrasoundinthetreatmentofselectedmedicalconditionsassociatedwiththechronicand 2024/11/27 / Device
subchronicconditionsofbursitis/capsulitis,epicandylitis,ligamentsprains,tendinitis,scartissuehealingandmusclestrain,istoreducepain.
Intended use:
TheActivePassiveTrainerforUpperandLowerLimbsisarehabilitativetrainingdevicesuitablefortheactiveandpassive ActivePassiveTrainerforUpper
101 Ⅱ movementofanadult’slowerandupperextremitieswhileseated. 2025/1/8 / andLowerLimbs
Indications:
Rehabilitationafterstroke
TheLGT-2360Sisintendedfor:
1.Musclerelaxation
2.Increasecirculation
ElectrostaticOscillationTherapy
102 Ⅱ 3.Assistswithlymphaticdrainage 2025/4/30 / Device
4.Temporaryreliefofminorachesandpains
5.Edemareduction
6.Improvementofwoundhealing
ThePortableElectroStimulationTherapyDevicecanbeusedtostimulatethemotornervestocontractthemusclestorelieve PortableElectroStimulation
103 Ⅱ amyotrophy,andcantemporarilyrelievemusclesorenesscausedbyexerciseornormalfamilyandworkactivities,andchronic 2026/4/27 / TherapyDevice
intractablepain.
104 FOCUSEDSHOCKWAVE Ⅱ TheFocusedShockWaveTherapyDevice,modelLGT-2520GP(GN),isashockwavetherapyunit,designedforextracorporeal 2026/7/7 /
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report THERAPYDEVICE shockwavetherapy (ESWT), suitable for the following medical applications: Paintherapy in the framework of extracorporeal shock wavetherapy; Triggerpoint treatment with shockwaves.
1)MyofascialTriggerPoints
LocalizingandDeactivatingTriggerPoints
Triggersarelocalizedatthelowenergylevel(approximately2bars)bypassingthetransmitteroverthemuscleregionbeingtreated (increasedsensitivitytopain)andthendeactivatedusingahigherenergylevel(approximately3bars). 2)ActivationofMuscleandConnectiveTissue
IncreasingCirculation
Promote blood flow through the tissue and boosting metabolism.
3)DisorderofTendonInsertions
①PlantarFasciitis,HeelPain,orHeelSpur
PlantarFasciitisisaninflammatoryconditionofthefootcausedbyexcessiveweartotheplantarfasciathatsupportsthearch. ②TendinosisCalcarea/Supraspinatus-Tendon
RadialPressurePulseTherapy
105 I / / Device Shouldercalcificationsandchronicshoulderpain
③RadialandUlnarHumeralEpicondylitis
Tenniselbow,inflammationoftendonattachmentsoncubitalorradialpartofelbowjoint(humeral) ④Achillodynia
Paindue toinflammationoftheAchillestendonorthebursaassociatedwithit.
⑤RetropatellarPainSyndrome
Paininthefrontof,behind,andaroundthekneecap.
⑥TibialEdgeSyndrome
Painlocatedalongorjustbehindthemedialedgeofthetibia
⑦ProximalIliotibialBandFrictionSyndrome/TrochantericInsertionTendonitis
Painoracingontheoutersideofthekneeorhip
ActivePassiveTrainerforUpper ActivePassiveTrainerforUpperandLowerLimbsisarehabilitativetrainingthatissuitablefortheactiveandpassivemovementof 106 I / / andLowerLimbs a person's lower and upper extremities.
TheLGT-2360Sisintendedfor:
ElectrostaticOscillationTherapy
107 I 1.Musclerelaxation // Device
2.Increasecirculation
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report 3.Assistswithlymphaticdrainage
4.Temporaryreliefofminorachesandpains
5.Edemareduction
6.Improvementofwoundhealing
PortableElectro-Stimulation PortableElectro-StimulationTherapyDevice,modelLGT-235isintendedfortheSymptomaticreliefofchronicintractablepain, 108 Ⅱ 2019/4/26 / TherapyDevice Post-traumaticpainandPost-surgicalpainofthearmsandlegs.
CompressionTherapyDeviceLGT-2200SPisintendedforthetemporaryreliefofminormuscleachesandpainsandforthe 109 CompressionTherapyDevice Ⅱ 2019/10/29 / temporaryincreaseincirculationtothetreatedareas,itcansimulatekneadingandstrokingoftissuebyusinganinflatablegarment. PortableElectro-StimulationTherapyDevice,modelLGT-231istobeusedbyadultsonlyandhastwomodesNMESandTENS. NMESisusedto:stimulatehealthymusclesinordertoimproveorfacilitatemuscleperformance.
PortableElectro-Stimulation
110 Ⅱ TENSisusedto:1.Temporaryreliefofpainassociatedwithsoreandachingmusclesduetostrainfromexerciseornormal 2020/9/17 / TherapyDeviceLGT-231
householdandworkactivities.2.Symptomaticreliefandmanagementofchronic,intractablepainandreliefofpainassociatedwitharthritis.
ThePortableElectro-StimulationTherapyDevice,modelLGT-232(US)isusedto:Stimulatehealthymusclesinordertoimproveorfacilitatemuscleperformance.Itistobeusedbyadultsonly.
PortableElectro-Stimulation PortableElectro-StimulationTherapyDevice,modelLGT-232(US)inTENSmode,isusedfor:
111 Ⅱ 2020/10/8 / TherapyDeviceLGT-232(US) 1.Temporary relief of pain associated with soreandaching muscles due to stress from exercise or normal household and work activities;
2.Thesymptomaticreliefandmanagementofchronic,intractablepainandreliefofpainassociatedwitharthritis.
TheMStimDropLGT-233isintendedtoprovideankledorsiflexioninndividualswhohaveadroppedfootduetouppermotor neuroninjury.Thedeviceelectricallystimulatesmusclesintheaffectedlegtoprovideankledorsiflexionofthefootand/orknee
Flexion or extension; thus, it also may improve the individual'sgait.
112 MStimDropModel:LGT-233 Ⅱ TheMStimDropLGT-233mayalso: 2021/11/5 / 1)Prevent/retarddisuseatrophy;
2)Maintainorincreasejointrangeofmotion;
3)Increase local blood flow.
ThePowerPulseDeviceissuitableforthefollowingmedicalapplications:
113 PowerPulseDevice I Paintherapyintheframeworkofextracorporealshockwavetherapy; 2024/4/3 /
Triggerpointtreatmentwithshockwaves.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report CompressionTherapyDevice (Model: LGT-2210DS) isintended for Prophylaxis and treatment of edema (Chronicvenousedema, Lymphedema, Post-mastectomylymphedema).
CompressionTherapyDevice
114 Ⅱ CompressionTherapyDevice(Model:LGT-2210DS)isintendedexclusivelyforusebymedicalspecialistsandisonlyallowedtobe 2025/7/25 (LGT-2210DS)
usedbyqualifiedandinstructedmedicalpersonsinclinicalandhospital.ThecompressionTherapyDevice(Model:LGT-2210DS)is designedtobeusedinpatientsover22yearsold.
TheNMESisusedfor:
Thedeviceisintendedtostimulatehealthymusclesinordertoimproveorfacilitatemuscleperformance.TheworkimposedonthePortableElectroStimulation
musclesbytheNMESprogramsisnotsuitableforrehabilitationandphysiotherapy.
TherapyDevice(LGT-2320BE,
115 Ⅱ TheTENSisintendedfor: 2025/12/9 LGT-2320ME,andLGT-
a)Temporaryreliefofpainassociatedwithsoreandachingmusclesduetostrainfromexerciseornormalhouseholdandwork 2320SP)
activities;
b)Thesymptomaticreliefandmanagementofchronic,intractablepainandreliefofpainassociatedwitharthritis. 1.LegCompressionwithsleeveisindicatedfor:
-DeepVeinThrombosisandpulmonaryembolismprophylaxis
2.FootCompressionwithsleeveisindicatedfor:
-Circulationenhancement
-DeepVeinThrombosisprophylaxis
CompressionTherapyDevice
116 Ⅱ -Edema-Acute 2026/4/24 (LGT-2202DVT)
-Edema-Chronic
-Extremitypainincidenttotraumaorsurgery
-LegUlcers
-Venousstasis/venousinsufficiency
TheCompressionTherapyDeviceisdesignedtobeusedinpatientsover22yearsold.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
2. Analysis of core competitiveness
(1) Continuous technological innovation and product research and development advantages
The company is rooted in the fields of pharmaceutical, biointelligent manufacturing and rehabilitation medical devices, and always regards technological innovation as a means to improve the company's core competitiveness.
Intelligent manufacturing field: Since its establishment, the company has adhered to technological innovation and valued investment in product research and development. The company has established a highly professional R&D team to deeply understand customer needs, listen to the opinions of industry experts, pay close attention to industry development trends, and constantly develop new technologies and products to meet customer needs. Currently, the company has established a relatively complete R&D design system and has achieved a variety of high-tech value-added research results, such as one-click continuous water purification and disinfection systems, intelligent logistics systems, digital delivery platforms, iMES systems, warehouse information management, energy management, equipment management systems, near-infrared detection systems and other R&D projects.
Rehabilitation medical field: The company relies on "Long Zhijie" to lay out the blue ocean market of rehabilitation medical care. Longzhijie has always regarded independent innovation as its core driving force, attaching great importance to product innovation. Currently, it has a relatively complete product line of rehabilitation medical equipment. It is a domestic leader in the fields of electrotherapy, light therapy, magnetic therapy, pressure therapy and other physical factor treatment products and sports therapy products, and has been highly recognized by physical therapists and partners at home and abroad.
(2) Brand and quality advantages
Intelligent manufacturing field: Most of the company's products and services are non-standardized products and personalized services. Compared with general industries, customers tend to value brand awareness more. The company is an early leading enterprise in the field in China. With its deep understanding of the industry and its advantages in technology development and engineering service integration, it has formed a good reputation in the industry. The "Chengyitong" brand has won the recognition of many customers, which has laid a good foundation for the company to consolidate its industry position and expand its market share.
Rehabilitation medical field: Medical device products are related to the health status of users, and consumers pay special attention to the brand awareness of the product when choosing. Since its establishment, Longzhijie has implemented brand building throughout the entire development process, establishing a good corporate image with outstanding innovation capabilities and excellent product quality, and its main products have been widely recognized. In addition, in recent years, Long Zhijie has repeatedly won honors such as the National AAA Quality Credit Unit, the Guangdong Provincial Integrity Demonstration Unit, and the Guangzhou Development Zone Intellectual Property Demonstration Enterprise. As Long Zhijie's brand influence continues to increase, its brand advantages have become more prominent.
(3) Advantages of stable management team and talent gathering
The company has a stable core management team. The high quality, high stability and rich industry experience of the management team enhance the company's cohesion and creativity and ensure the company's long-term and stable development. In July 2018, Mr. Liang Kai, chairman of the company, was selected into the third batch of "New Engineering·Yi Qilin" leading talent list. Under the leadership of the board of directors and senior management team, the company will continue to implement the development strategy, be realistic and pragmatic, and improve the company's market competitiveness. In terms of corporate management, the company has established a flexible and efficient management mechanism and formulated a standardized and standardized management system. At the same time, the company adheres to the concept of people-oriented and common development, gathers high-end talents at home and abroad, has a sound talent cultivation mechanism and a scientific human resources system, and has cultivated many outstanding talents. In addition, the company pays attention to the talent incentive mechanism and stimulates employee enthusiasm through performance appraisal, employee stock ownership plan and other methods.
(4) Opportunities brought by multi-dimensional layout
The company will focus on its core goals, focus on the big health field, and rely on platform technologies such as the Internet, robots, artificial intelligence, process research, and informatization to integrate resources and make multi-dimensional layouts to become a leading enterprise in the big health industry. The extension of the company's business enables the company to build on the advantages of its existing intelligent manufacturing solutions.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Actively expand informatization work upwards, extend downwards to equipment and process optimization, and provide users in the field of general health with intelligent manufacturing system solutions and deep integration of the two.
products. At present, the company has initially completed its industrial layout in the field of medical and biological intelligent manufacturing and rehabilitation medical equipment. In the future, the company will further implement
The development strategy of "one body, two wings, two-wheel drive" focuses on deeply exploring the market and striving to achieve performance growth.
3. Main business analysis
Overview
Please refer to the relevant content of "1. Main businesses engaged in by the company during the reporting period".
Year-on-year changes in major financial data
Unit: Yuan
This reporting period The same period last year Year-on-year increase or decrease Reasons for changes
Operating income 347,649,693.28 407,971,359.34 -14.79%
Operating costs 275,647,880.59 250,334,693.83 10.11%
Selling expenses 46,785,633.93 37,399,996.40 25.10%
Management expenses 45,235,908.36 39,285,788.35 15.15%
Financial expenses 14,753,397.01 12,495,614.90 18.07%
Income tax expense 11,043,098.69 4,362,728.01 153.12% R&D investment due to some companies that have not yet accrued deferred income tax 36,860,557.72 50,044,373.36 -26.34%
Net cash flow generated from operating activities -167,453,088.93 -21,961,289.58 -662.49% Net cash flow generated from investment activities due to receipt of acceptance payments from customers without discount -7,973,944.14 -64,050,131.69 87.55% Due to decrease in fixed investment amount
Net cash flow generated from financing activities -423,338.72 -4,791,148.77 91.16% Net increase in cash and cash equivalents due to decrease in cash received from borrowings -176,992,562.96 -90,656,045.11 -95.24% Acceptance receivables received from customers are not discounted, resulting in significant changes in the company's profit composition or profit sources during the reporting period.
□ApplicableNot applicable
There were no major changes in the company's profit composition or profit sources during the reporting period.
Products or services accounting for more than 10%
Applicable□Not applicable
Unit: Yuan Operating income is higher than operating cost is higher Gross profit margin is higher than operating income Operating cost Gross profit margin
Increase/decrease over the same period of the year Increase/decrease over the same period during the year
Control system 180,548,036.51 174,758,175.26 3.21% -19.01% 4.71% -21.93%Rehabilitation medical equipment 90,859,635.81 39,622,530.25 56.39% -22.91% 20.29% -15.66% System equipment and others 76,242,020.96 61,267,175.08 19.64% 13.50% 21.31% -5.18%
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
4. Analysis of non-main business
Applicable□Not applicable
Unit: Yuan as a share of total profit Is there an amount? Explanation of reasons for formation
Proportion of sustainable investment income -696,102.61 3.21% Bank acceptance discount fees No Gains and losses from changes in fair value
Asset impairment 282,176.48 -1.30% Inventory depreciation losses, contract performance cost impairment losses and contract asset impairment losses No non-operating income 460,650.48 -2.12% Unnecessary expenses and liquidated damages income No non-operating expenses 1,221,592.12 -5.63% Penalty expenses and losses from damage and scrapping of non-current assets No
5. Analysis of assets and liabilities
- Major changes in asset composition
Unit: Yuan End of the reporting period End of the previous year
Increase or decrease in proportion Explanation of major changes
Amount Proportion of total assets Amount Proportion of total assets
Monetary funds 90,665,269.96 2.91% 255,344,285.63 8.08% -5.17%
Accounts receivable 535,693,634.98 17.16% 523,275,658.59 16.55% 0.61%
Contract assets 8,193,306.14 0.26% 6,597,008.37 0.21% 0.05%
Inventory 661,012,331.38 21.18% 596,385,615.39 18.87% 2.31%
Investment real estate 192,018,661.10 6.15% 197,809,008.02 6.26% -0.11%
long term equity investment
Fixed assets 757,162,739.05 24.26% 767,440,527.08 24.28% -0.02%
Construction in progress 26,680,684.99 0.85% 22,808,688.94 0.72% 0.13%
Right-of-use assets 1,878,859.46 0.06% 2,528,789.54 0.08% -0.02%
Short-term borrowings 564,575,753.51 18.09% 519,665,992.81 16.44% 1.65%
Contract liabilities 384,598,429.23 12.32% 322,066,505.59 10.19% 2.13%
Long-term borrowings 102,647,457.62 3.29% 110,990,677.96 3.51% -0.22%
Lease liabilities 881,359.36 0.03% 1,520,282.60 0.05% -0.02%
- Major overseas assets
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Assets and liabilities measured at fair value
Applicable□Not applicable
Unit: Yuan Fairly included in equity in the current period Current period This period
Item Opening amount Change in value Cumulative fair price minus Purchases Sales Other changes Closing amount
Profit and loss Value change Value Amount Amount
financial assets
- Investment in other equity instruments 597,500.00 597,500.00 6. Accounts receivable financing 3,924,231.15 1,463,373.78 5,387,604.93 Total of the above 4,521,731.15 1,463,373.78 5,985,104.93Financial liabilities
Explanation of reasons for other changes: As of the end of June 2026, the financing value of receivables was 5,387,604.93 yuan, an increase of 1,463,373.78 yuan from the beginning of the period, mainly due to the increase in bank acceptance bills.
Whether there are any significant changes in the measurement attributes of the company's main assets during the reporting period
□YesNo
- Restrictions on asset rights as of the end of the reporting period
Item Book value at the end of the period Monetary funds due to restrictions 26,574,162.96 Margin investment real estate 192,018,661.10 Fixed assets mortgaged by bank loans 644,392,484.59 Intangible assets mortgaged by bank loans 28,223,342.13 Total mortgaged bank loans 891,208,650.78
6. Investment status analysis
- Overall situation
Applicable□Not applicable
Investment amount during the reporting period (yuan) Investment amount during the same period last year (yuan) Change range
0.00 21,317,893.86 -100.00%
- Major equity investments obtained during the reporting period
□ApplicableNot applicable
- Major non-equity investments ongoing during the reporting period
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Financial assets measured at fair value □Applicable Not applicable
Usage of raised funds
□ApplicableNot applicable
The company has no use of raised funds during the reporting period.
- Entrusted financial management and derivatives investment (1) Entrusted financial management
□ApplicableNot applicable
The company did not have entrusted financial management during the reporting period. (2) Derivatives investment situation
□ApplicableNot applicable
The company had no derivative investments during the reporting period.
Major asset and equity sales
Sale of major assets
□ApplicableNot applicable
The company did not sell any major assets during the reporting period.
- Sale of major equity interests
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
8. Analysis of major holding and participating companies
Applicable□Not applicable
Information about major subsidiaries and joint-stock companies that affect the company's net profit by more than 10%
Unit: Yuan
Company name Company type Main business Registered capital Total assets Net assets Operating income Operating profit Net profit Beijing Chengyitong Technology Co., Ltd. Subsidiary Control system 100,000,000 539,660,898.38 64,045,676.25 9,804,936.76 -23,866,797.37 -23,866,525.97 Yancheng Chengyitong Machinery Manufacturing Co., Ltd. Subsidiary Mechanical products 45,000,000 618,153,670.56 9,215,429.13 41,125,247.68 -9,312,759.65 -9,843,994.95 Guangzhou Longzhijie Technology Group Co., Ltd. Subsidiary Rehabilitation medical equipment 104,117,647 809,660,017.94 501,845,496.73 90,859,635.81 -7,853,835.43 -19,547,556.79Beijing Ouslai Software Co., Ltd. Subsidiary Software 500,000 9,854,382.43 6,789,722.62 1,670,635.79 7,143,400.80 7,143,400.80
Acquisition and disposal of subsidiaries during the reporting period
Applicable□Not applicable
Company name Method of acquiring and disposing of subsidiaries during the reporting period Impact on overall production operations and performance Beijing Chengyi Tong Qingchuan Automation Control Equipment Co., Ltd. Cancellation No impact
Guangzhou Longzhijie Health Industry Co., Ltd. Cancellation No impact
Description of major holding and joint-stock companies
9. Structured entities controlled by the company
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
10. Risks faced by the company and countermeasures
(1) The company’s stocks are at risk of delisting
Because the company's 2025 financial statements were issued a "2025 Annual Audit Report" with no opinion expressed by ShineWing Certified Public Accountants (Special General Partnership), and the above triggered the financial mandatory delisting situation stipulated in Article 10.3.1, paragraph 1 (3) of the "Shenzhen Stock Exchange GEM Stock Listing Rules", the company's stocks will be subject to a delisting risk warning by the Shenzhen Stock Exchange.
Based on the situation where the company is issued a disclaimer of opinion audit report and encounters a delisting risk warning, the company will set up a special working group to comprehensively sort out the matters that cause the disclaimer of opinion, formulate rectification plans item by item, and strengthen communication with the annual audit accountant to strive to eliminate the impact of relevant matters as soon as possible. At the same time, the company will further improve internal controls, improve the quality of financial information, actively improve operating conditions, strive to meet the conditions for withdrawing risk warnings, and safeguard the interests of the company and all shareholders.
(2) Risks of intensified market competition
As the strength of the company's downstream industry customers continues to increase, the requirements for products have also increased accordingly, and there are more and more comprehensive demands. In the future, with the development of the domestic and foreign pharmaceutical and biological intelligent manufacturing industries and the rehabilitation medical equipment industry, industry market competition will intensify.
The company will give full play to its brand effect and financing advantages, and use capital market resources to actively respond to changes in the market environment by integrating and optimizing corporate advantages, improving the industrial chain layout, and expanding business sectors. At the same time, it will continue to strengthen independent research and development capabilities, increase product research and development efforts, expand the company's product chain horizontally, develop product performance vertically and in-depth, enhance customer stickiness, increase target customers' attention, trust and satisfaction with the company's products, and enhance the company's core competitive advantages.
(3) Risks of technology research and development and new product development
The company's intelligent manufacturing and rehabilitation medical equipment business are both technology-intensive industries. Product development has the characteristics of long R&D cycle, high technical difficulty, and large capital investment. Therefore, technological innovation and new product R&D play a leading role in whether companies in this industry can continue to achieve a leading position. During the R&D process of new products, the company may have deviations in R&D direction, failure to achieve industrialization of R&D, R&D cost overruns, R&D failures, etc., or competitors may have the same or superior products and technologies, especially some new products and technologies, which will cause the company to face certain risks. If the company fails to recover relevant investment in product development in the future, it may have an adverse impact on the company's financial condition and future development.
To this end, the company has established a research and development risk control system, conducts feasibility studies on research and development projects, and approves projects after management discussions. At the same time, it regularly tracks the project research and development process, provides timely feedback and improves the research and development direction, and reduces the above risks.
(4) Risk of talent shortage
As a technology-intensive industry, high-quality technical talents and management talents play a very important role in the development of enterprises. Especially as the company grows, the company's organizational structure and management system also tend to become more complicated, which puts forward higher requirements for the company's management and control capabilities. Whether it can attract, cultivate, and make good use of high-quality technical talents and management talents is a key factor affecting the company's future development.
In order to cope with risks, the company actively introduces talents, pays attention to talent training, continues to carry out mechanism innovation in talent training and incentives, implements various incentive measures such as employee stock ownership plans, and strives to attract and stabilize high-quality talents.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Registration form for reception of research, communication, interviews and other activities during the reporting period □ Applicable Not applicable
During the reporting period, the company did not receive research, communication, interviews or other activities.
- Formulation and implementation of market value management system and valuation improvement plan. Whether the company has formulated a market value management system.
Yes□No
Whether the company has disclosed plans to increase its valuation.
□YesNo
The company formulated the "Market Value Management Measures" after deliberation at the 11th meeting of the fifth board of directors on April 23, 2025. This system clarifies the core objectives, basic principles, organizational responsibilities, management methods and emergency mechanisms of market value management, and provides comprehensive guidance for the development of relevant work.
13. Implementation of the “Double Improvement of Quality and Return” action plan
Has the company disclosed an announcement on the action plan of “double improvement of quality and return”?
□YesNo
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Section 4 Corporate Governance, Environment and Society
1. Changes in directors and senior managers of the company
□ApplicableNot applicable
There were no changes in the company's directors and senior managers during the reporting period. For details, please refer to the 2025 annual report.
2. Profit distribution and conversion of capital reserve funds into share capital during the reporting period
□ApplicableNot applicable
The company plans not to distribute cash dividends, give away bonus shares, or convert public reserve funds into share capital in the first half of the year.
3. Implementation of the company’s equity incentive plan, employee stock ownership plan or other employee incentive measures
□ApplicableNot applicable
The company has no equity incentive plan, employee stock ownership plan or other employee incentive measures and their implementation during the reporting period.
4. Environmental information disclosure
Whether listed companies and their major subsidiaries are included in the list of companies that disclose environmental information in accordance with the law
□YesNo
5. Social Responsibility
The company always adheres to social responsibilities, strictly abides by laws and regulations, actively responds to national laws and regulations in environmental protection, resource conservation, safety production and employee rights and interests protection, fully protects the rights and interests of shareholders, customers and employees, and consciously abides by the market economic order.
(1) Protection of shareholders’ rights and interests
The company continues to consolidate the institutional system, improve the governance structure, strictly abide by the Company Law, Securities Law, Stock Listing Rules and other laws and regulations as well as the company's articles of association, build a decision-making and operation management system with the shareholders' meeting, the board of directors and management as the core, establish an internal control system covering the main operation and management links, and strengthen the supervision and control of the company's organization, assets, investments, personnel, operating risks and performance. At the same time, we will standardize financial management and establish a centralized, unified and effective financial management system to effectively prevent operational risks.
In terms of information disclosure, the company has formulated and revised relevant systems in accordance with regulatory requirements to ensure that information is disclosed to all shareholders in a true, accurate, complete, timely and fair manner. Convene shareholders' meetings in accordance with the law, expand the proportion of shareholder participation through online voting and other methods, improve the internal control system and corporate governance structure, and safeguard the interests of all shareholders, especially small and medium-sized shareholders. In addition, we use various channels such as online performance briefings, investor phone calls, faxes, e-mails, interactive platforms, and on-site surveys to strengthen communication with investors and protect their right to know.
The company has established an insider trading prevention and control mechanism, strengthened the management and confidentiality of inside information during the reporting period, strictly controlled the transmission, review and disclosure process of undisclosed information, improved the insider reporting process, eliminated insider trading, and effectively protected the legitimate rights and interests of shareholders.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(2) Protection of rights and interests of suppliers and customers
As a leading company in the pharmaceutical and bioindustrial automation industries, the company relies on its in-depth understanding of the industry and its advantages in integrating technology development and engineering services to form a professional team, deeply grasp customer vision and strategy, and carry out independent innovation guided by customer needs. The company attaches great importance to product quality, has established a quality department, and formulated a strict quality management system based on national and industry standards to continuously improve product quality and service quality to provide customers with quality services.
The company maintains long-term good cooperative relations with suppliers, establishes and improves procurement management systems and internal control systems, eliminates secret operations, commercial bribery and unfair transactions, and creates a good competitive environment. Following the principles of standardization, fairness, mutual benefit, and common development, we establish strategic partnerships with suppliers, strengthen communication by holding supplier meetings, carry out supplier management and control, and strengthen management of supply quality, process risks, intellectual property rights, etc., and achieve common and healthy development with suppliers on the premise of ensuring the quality of raw material procurement and maximizing the company's interests.
(3) Protection of employees’ rights and interests
The company has established and improved the human resources system and management system, strengthened the policies of legal employment, standardized employment, and honest employment, strictly abided by the Labor Law, Labor Contract Law and other laws and regulations, and implemented national and local wage and working hour systems. Establish and improve the salary management system and personnel performance evaluation system, scientifically set assessment elements and weights and continuously improve them, attach importance to the formulation and implementation of talent incentive policies, strengthen the re-training of employees and managers at all levels, and form a fair, competitive and motivating human resources management system. We pay attention to the training and learning of all employees, improve the comprehensive quality and job skills of employees, provide them with diversified development channels and growth opportunities, and set up employee charity funds to help employees in need.
The company regards production safety as the basic starting point for fulfilling social responsibilities, establishes a safety leadership group, and carries out management work adhering to the "safety-centered" concept. By improving systems, strengthening management, and strengthening training, we will implement production safety concepts and actions into all aspects of production and operations. Formulate a safety production assessment system and conduct training to improve the safety awareness of all employees, guide safe behaviors, help employees establish safety prevention awareness, master risk control skills, and create a safe and healthy working environment.
(4) Environmental protection and sustainable development
The company fully implements the Scientific Outlook on Development, actively responds to national environmental protection measures and policies and systems, abides by relevant laws, regulations and emission indicators, implements various environmental protection management systems, implements sustainable development strategies, promotes energy conservation, emission reduction and environmental protection, and pursues coordinated development of economy and environment. The company regards environmental protection, energy conservation and emission reduction as important contents of sustainable development, continues to promote cleaner production, and strives to build a "resource-saving and environmentally friendly" enterprise. In 2026, the company actively responded to policy requirements such as the "Comprehensive Evaluation and Assessment Methods for Carbon Peak Carbon Neutralization" and the "Assessment Methods for the Effectiveness of Building Beautiful China", integrating green and low-carbon development concepts into corporate production and operations, and promoting the transformation of enterprises to high-quality development.
The company attaches great importance to safety and environmental protection. In accordance with national and local environmental protection laws, regulations and regulatory requirements, the company has formulated a series of environmental protection systems to clarify the environmental protection responsibilities of company leaders and various functional departments, ensure the normal operation of environmental protection facilities, and implement internal environmental protection systems. At the same time, we actively carry out environmental protection publicity, enhance employees' environmental awareness, call for the practice of green travel, energy conservation and consumption reduction concepts, integrate publicity and education into daily work and life, let the concepts of resource conservation and environmental protection be integrated into the work of employees in each position, and improve energy conservation and consumption reduction awareness.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
In daily work, employees are encouraged to save water, electricity and paper, save energy to the greatest extent, and realize a green office. Reduce the standby energy consumption of air conditioners, computers and other equipment, and set the air conditioning temperature in the office area reasonably; establish an electronic and networked office model, use OA office platform and ERP system software for paperless office, save energy and paper; use network platform resources and modern information technology to carry out work through video conferencing and telephone conferencing systems, and practice the concept of low-carbon environmental protection.
(5) Public relations and social welfare undertakings
With the mission of "making manufacturing smarter and making the public healthier", the company actively serves and contributes to the society, promotes the common development of society and enterprises, promotes comprehensive economic and social progress, and harmonious symbiosis between enterprises and society.
While developing healthily, the company keeps its social responsibilities and mission in mind. As a public listed company, it operates in a standardized manner and pays taxes in accordance with the law. In production and operation, we adhere to the principle of good faith, abide by social ethics and business ethics, and actively accept supervision and inspection by the government and regulatory authorities. We attach great importance to comments about the company from the public and news media, strengthen contact with relevant units, establish good relationships with governments, residents, and public groups, and promote the progress and harmonious development of communities, enterprises, and regional economies. The company pays taxes strictly in accordance with the law and operates with integrity, which effectively supports national and local fiscal revenue and promotes harmonious development of society.
In addition, the company actively fulfills its social responsibilities, strives to stabilize employment, and contributes to society. During the reporting period, campus job fairs were held in many universities to provide internship, internship, and employment opportunities for college students; school-enterprise cooperation was carried out to promote the integration of industry, academia, and research, help optimize and upgrade corporate structures, relieve employment pressure, and promote social harmony and stability.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Section 5 Important Matters
- Commitments made by the company’s actual controller, shareholders, related parties, acquirers, the company and other relevant parties that have been fulfilled during the reporting period and have been overdue as of the end of the reporting period.
□ApplicableNot applicable
During the reporting period of the company, there were no commitments made by the company's actual controller, shareholders, related parties, acquirers, the company and other relevant parties that were fully fulfilled during the reporting period and that were overdue and unfulfilled as of the end of the reporting period.
2. Non-operating capital occupation of listed companies by controlling shareholders and other related parties
□ApplicableNot applicable
During the company's reporting period, there was no non-operational occupation of funds by the listed company's controlling shareholders and other related parties.
3. Illegal external guarantees
□ApplicableNot applicable
The company had no illegal external guarantees during the reporting period.
4. Appointment and dismissal of accounting firms
Has the semi-annual financial report been audited?
□YesNo
The company's semi-annual report has not been audited.
5. Explanation of the Board of Directors and the Audit Committee on the accounting firm’s “non-standard audit report” for this reporting period
□ApplicableNot applicable
6. Explanation of the Board of Directors on the “Non-standard Audit Report” of the previous year
Applicable□Not applicable
ShineWing Certified Public Accountants (Special General Partnership) hired by the company issued an audit report with a disclaimer of opinion and an internal control audit report with a negative opinion on the company's 2025 financial report and the effectiveness of internal control respectively. In response to the matters involved in the above-mentioned non-standard audit opinions, the company's board of directors has issued "Special Instructions on Matters Involved in the Issuance of Disclaimer of Opinion Audit Reports and Negative Opinion Internal Control Audit Reports by Accounting Firms" on April 30, 2026. For details, please see the cninfo.com.cn.
The company's board of directors attaches great importance to this, promptly initiated the rectification process, established an internal control rectification leading group led by the chairman, and systematically promoted various rectification works. At the same time, in order to ensure the objectivity and authority of the rectification results, upon the proposal of the Audit Committee, the company hired Zhongxinghua Accounting Firm (Special General Partnership) as a third-party intermediary agency to assist in carrying out special rectification work. As of the disclosure date of this report, the impact of the matters involved in the non-standard audit opinions has not been completely eliminated, and the company will continue to fully promote relevant work.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
7. Matters related to bankruptcy and reorganization
□ApplicableNot applicable
The company had no bankruptcy or reorganization related matters during the reporting period.
8. Litigation matters
Major litigation and arbitration matters
□ApplicableNot applicable
The Company had no major litigation or arbitration matters during the reporting period.
Other litigation matters
Applicable□Not applicable
Amount involved Whether a lawsuit (arbitration) has been formed Result of the lawsuit (arbitration) and enforcement of the judgment (arbitration) Basic situation of the lawsuit (arbitration) Progress of the lawsuit (arbitration) Disclosure date Disclosure index
(RMB 10,000) Estimated liabilities Impact The bank's situation has not reached the disclosure standards for major litigation. There are 18 cases in total: 9 cases have been closed and 9 cases have not been closed.
All 9 closed cases have been heard
Accurate summary of other lawsuits. All closed cases have been tried and executed. 9 open cases 2026 08 "2026 half
5,487.35 No Implementation completed, 9 cases are not closed. Normal implementation (the company and its subsidiaries are defendants/ Among them, 3 cases are employee disputes and 4 cases are contract disputes, February 29th Annual Report)
The cases are currently under review;
The respondent responded) The case was a bank loan dispute.
5 cases have been processed,
A total of 31 cases did not meet the disclosure standards for major litigation, and none involved sales contract disputes. Among them, 30 cases have all reached judgments or signed settlements. 5 other lawsuits that have reached results are summarized as debt collection cases filed by our company, and 1 case is an agreement or repayment agreement or reply claimed by our company. 2026 08 "2026 Half
2,353.9 No
(The company and its subsidiaries are the plaintiffs/return and refund contract disputes, 5 of which have been settled, and the payment has been supported; 26 cases have been sued by the applicant or the result of judgment or mediation. Annual report on May 29th) 26 cases are under trial or settlement agreement negotiations. The contract disputes have not been resolved and are being performed normally.
The cases are all being advanced in an orderly manner.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
9. Punishment and Rectification
□ApplicableNot applicable
There were no penalties or rectifications during the company's reporting period.
- Integrity status of the company, its controlling shareholders and actual controllersApplicable□Not applicable
The company's controlling shareholder is Liweite, and its actual controllers are Liang Xuexian and Liang Kai. As of the end of 2025, Levitt held 51.2098 million shares of the company, with a shareholding ratio of 18.75%, of which 35.13 million shares were pledged. In April 2026, affected by non-standard audit matters, the company's stock price fell sharply. Levit failed to raise sufficient funds in time to repay related debts, resulting in a breach of contract with the pledge holders Southwest Securities Co., Ltd., Chongqing International Trust Co., Ltd., Bank of Nanjing Co., Ltd., Beijing Zhongguancun Technology Financing Guarantee Co., Ltd. and Beijing Daxing Development Rongda Financing Guarantee Co., Ltd. Liang Xuexian and Liang Kai provided guarantees for the above matters. Affected by the above incident, Li Weite, Liang Xuexian and Liang Kai were listed as persons subject to execution; at the same time, Zhongguancun Guarantee has applied to take consumption restriction measures against Li Weite, Liang Xuexian and Liang Kai.
11. Major related transactions
- Related transactions related to daily operations
□ApplicableNot applicable
The company had no related transactions related to daily operations during the reporting period.
- Related transactions arising from asset or equity acquisition and sale
□ApplicableNot applicable
The company had no related transactions related to asset or equity acquisition or sale during the reporting period.
- Related transactions related to joint external investment
□ApplicableNot applicable
The company had no related transactions related to joint external investments during the reporting period.
- Related credit and debt transactions
□ApplicableNot applicable
The company had no related creditor's rights or debts during the reporting period.
- Dealings with related financial companies
□ApplicableNot applicable
There are no deposits, loans, credit or other financial business between the company and its related financial companies, or between the company's financial companies and related parties.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- The transactions between the financial company controlled by the company and related parties □Applicable Not applicable
There are no deposits, loans, credit or other financial business between the financial companies controlled by the company and related parties.
- Other major related transactions
□ApplicableNot applicable
The company had no other major related transactions during the reporting period.
Major contracts and their performance
Custody, contracting and leasing matters (1) Custody status
□ApplicableNot applicable
There was no custody situation during the company's reporting period.
(2) Contracting situation
□ApplicableNot applicable
There was no contracting situation during the reporting period of the company.
(3) Leasing situation
□ApplicableNot applicable
There was no leasing situation during the company's reporting period.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Major guarantee
Applicable□Not applicable
Unit: RMB 10,000 External guarantees provided by the company and its subsidiaries (excluding guarantees to subsidiaries)
Collateral
Announcement related to the guarantee amount Guarantee amount Actual issuance Actual guarantee Counter-guarantee status Whether it has been fulfilled Whether it is related to the name of the guarantee object Type of guarantee (such as guarantee period
Disclosure date Degree Date of birth Amount (if any) Completion of the transaction (Co-guarantee)
The company’s guarantees for subsidiaries
Collateral
Announcement related to the guarantee amount Guarantee amount Actual issuance Actual guarantee Counter-guarantee status Whether it has been fulfilled Whether it is related to the name of the guarantee object Type of guarantee (such as guarantee period
Disclosure date Degree Date of birth Amount (if any) Completion of the transaction Co-guarantee
Yes)
Beijing Chengyitong Control Technology Group Co., Ltd. April 30, 2026 85,000 59,745.24 Joint and several liability guarantee 1 year No Yes Beijing Chengyitong Technology Co., Ltd. April 30, 2026 20,000 11,413.19 Joint and several liability guarantee 1 year No Yes Beijing Chengyitong Borihong Intelligent Equipment Technology Co., Ltd. April 30, 2026 10,000 4,846.28 Joint liability guarantee 1 year No Yes Yancheng Chengyitong Machinery Manufacturing Co., Ltd. April 30, 2026 14,200 6,585 Joint liability guarantee 1 year-3 years No Yes Jiangsu Chengyitong Intelligent Equipment Co., Ltd. April 30, 2026 14,200 1,500 Joint liability guarantee 1 year No Yes Jiangsu Chengyitong Intelligent Equipment Co., Ltd. April 30, 2026 8,000 2,600 Joint liability guarantee 5 years No Yes Guangzhou Longzhijie Technology Group Co., Ltd. April 30, 2026 17,500 12,963.73 Joint liability guarantee 1 year to 15 years No Yes Guangzhou Longzhijie Medical Technology Co., Ltd. April 30, 2026 17,500 3,000 Joint liability guarantee 1 year No Yes Total approved guarantee amount for subsidiaries during the reporting period (B1) 158,700 Total actual amount of guarantees for subsidiaries during the reporting period (B2) 102,653.44 Total approved guarantee lines for subsidiaries at the end of the reporting period (B3) 158,700 Total balance of guarantees for subsidiaries at the end of the reporting period (B4) 102,653.44 Guarantees provided by subsidiaries to subsidiaries
Collateral
Announcement related to the guarantee amount Guarantee amount Actual issuance Actual guarantee Counter-guarantee status Whether it has been fulfilled Whether it is related to the name of the guarantee object Type of guarantee (such as guarantee period
Disclosure date Degree Date of birth Amount (if any) Completion of the transaction Co-guarantee
Yes)
Guangzhou Shirui Medical Technology Co., Ltd. April 30, 2026 500 490 Joint liability guarantee 1 year No Yes Total approved guarantee amount for subsidiaries during the reporting period (C1) 500 Total actual amount of guarantees for subsidiaries during the reporting period (C2) 490 Total approved guarantee amount for subsidiaries at the end of the reporting period (C3) 500 Total balance of guarantees for subsidiaries at the end of the reporting period (C4) 490
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
The total amount of company guarantees (i.e. the total of the first three major items)
Total approved guarantee amount during the reporting period (A1+B1+C1) 159,200 Total actual guarantee amount during the reporting period (A2+B2+C2) 103,143.44 Total approved guarantee amount at the end of the reporting period (A3+B3+C3) 159,200 Total guarantee balance at the end of the reporting period (A4+B4+C4) 103,143.44 The total guarantee balance (i.e. A4+B4+C4) accounts for 78.64% of the company’s net assets, of which:
The balance of guarantees provided to shareholders, actual controllers and their related parties (D) 0 The balance of debt guarantees provided directly or indirectly to guaranteed objects whose asset-liability ratio exceeds 70% (E) 22,098.19 The amount of the total guarantee exceeding 50% of the net assets (F) 39,460.32 The total amount of the above three guarantees (D+E+F) 61,558.51 For unexpired guarantee contracts, a description of the occurrence of guarantee liabilities during the reporting period or evidence that the joint liability for repayment may be assumed (if any). A description of the absence of external guarantees in violation of prescribed procedures (if any). A description of the specific circumstances of the absence of composite guarantees.
- Major contracts for daily operations
□ApplicableNot applicable
- Other major contracts
□ApplicableNot applicable
The company had no other major contracts during the reporting period.
13. Description of other major matters
□ApplicableNot applicable
There are no other significant matters that need to be explained during the company's reporting period.
14. Major events of the company’s subsidiaries
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Section 6 Share changes and shareholder status
1. Changes in shares
- Changes in shares
Unit: Before this change in share capital Increase or decrease in this change (+, -) After this change
Quantity Proportion Issuance of new shares Bonus shares Conversion of provident funds Others Subtotal Quantity Proportion
1. Shares subject to sales restrictions 13,196,337 4.83% -3,750 -3,750 13,192,587 4.83%
State shareholding
Shareholding by state-owned legal persons
Other domestic shareholdings 13,196,337 4.83% -3,750 -3,750 13,192,587 4.83% of which: shares held by domestic legal persons
Shareholdings held by domestic natural persons 13,196,337 4.83% -3,750 -3,750 13,192,587 4.83%
- Foreign shareholding
Including: shares held by overseas legal persons
Shareholding by foreign natural persons
2. Shares without selling restrictions 259,850,459 95.17% 3,750 3,750 259,854,209 95.17%
RMB ordinary shares 259,850,459 95.17% 3,750 3,750 259,854,209 95.17%
Domestic-listed foreign shares
Foreign-invested stocks listed overseas
Others
3. Total number of shares 273,046,796 100.00% 273,046,796 100.00%
Reasons for share changes
□ApplicableNot applicable
Approval of share changes in the 2026 semi-annual report of Beijing Chengyitong Control Technology Group Co., Ltd.
□ApplicableNot applicable
Transfer status of changes in shares
□ApplicableNot applicable
Implementation progress of share buybacks
□ApplicableNot applicable
Implementation progress of using centralized bidding method to reduce and repurchase shares
□ApplicableNot applicable
The impact of changes in shares on financial indicators such as basic earnings per share and diluted earnings per share in the most recent year and period, net assets per share attributable to the company's common shareholders, etc.
□ApplicableNot applicable
Other content that the company deems necessary or required to be disclosed by securities regulatory authorities
□ApplicableNot applicable
- Changes in restricted shares
Applicable□Not applicable
Unit: Share
Name of shareholder Number of restricted shares at the beginning of the period Number of shares released from restrictions in the current period Number of restricted shares increased in the current period Number of restricted shares at the end of the period Reasons for restrictions Proposed date of lifting restrictions Lu Zhenhua 37,500 37,500 Executive locked shares 2027/1/1 Liang Kai 7,603,200 7,603,200 Executive locked shares 2027/1/1 Zhu Wenyong 37,500 37,500 Executive locked shares 2027/1/1 Liu Zejun 15,000 3,750 11,250 Executive locked shares 2027/1/1 Luo Yuanlong 5,490,012 5,490,012 Executive locked shares 2027/1/1 Zhang Jinting 13,125 13,125 Executive locked shares 2027/1/1
Total 13,196,337 3,750 13,192,587 -- --
2. Securities issuance and listing
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
3. Number of shareholders and shareholding status of the company
Unit: Share
Preference shareholders whose voting rights were restored at the end of the reporting period hold shares with special voting rights
Total number of common shareholders at the end of the reporting period 22,386
Total number of shareholders (if any) (see Note 8) Total number of shareholders (if any)
Shareholding status of shareholders holding more than 5% of the shares or the top 10 shareholders (excluding shares lent through refinancing)
Shareholdings at the end of the reporting period Increase or decrease during the reporting period Holding sales-restricted covenants Holding unrestricted-selling covenants Pledge, mark or freeze Name of shareholder Nature of shareholder Shareholding ratio
Quantity Activity Number of shares in the case Number of shares in the case Share status Quantity Beijing Liweite Investment Co., Ltd. Domestic non-state-owned legal person 18.75% 51,209,771 51,209,771 Frozen 42,259,771 Liang Xuexian Domestic natural person 6.76% 18,455,040 18,455,040 Frozen 8,466,400 Liang Kai Domestic natural person 3.71% 10,137,600 7,603,200 2,534,400 Freeze 10,137,600 Hou Xia Domestic natural person 2.99% 8,156,000 8,156,000 8,156,000
Luo Yuanlong Domestic natural person 2.68% 7,320,016 5,490,012 1,830,004
Wang Haibo Domestic natural person 1.46% 4,000,020 4,000,020 4,000,020
Li Bozhi Domestic natural person 1.03% 2,823,100 2,823,100 2,823,100
He Wei Domestic natural person 0.65% 1,782,800 1,782,800 1,782,800
Chen Lijuan Domestic natural person 0.57% 1,566,900 1,566,900 1,566,900
Wang Hongshan Domestic natural person 0.52% 1,426,000 1,221,000 1,426,000
Luo Yuanlong obtained the company's stock due to non-public issuance. The stock was listed on April 11, 2017. The nature of the stock is restricted stock. The stock will not be transferred within 24 months from the date of listing. The proportion of shares unlocked from the 25th to 36th month from the date of listing is 47.99%. The situation will be resolved after the 36th month from the date of listing (if any) (see Note 3)
The proportion of shares ex-locked is 52.01%.
Among the above-mentioned shareholders, Liang Xuexian and Liang Kai are the actual controllers of Beijing Liweite Investment Co., Ltd.
Among the above-mentioned shareholders, Liang Xuexian and Liang Kai are shareholders of Beijing Liweite Investment Co., Ltd.
Explanation of the above-mentioned shareholders’ related relationships or concerted actions
- Among the above shareholders, Liang Xuexian is the chairman and general manager of Beijing Liweite Investment Co., Ltd.
Among the above shareholders, Liang Xuexian and Liang Kai have a father-son relationship.
Explanation of the above-mentioned shareholders’ entrustment/entrusted voting rights and waiver of voting rights Not applicable
Special instructions for the existence of special repurchase accounts among the top 10 shareholders (see Note 11) Not applicable
Shareholdings of the top 10 shareholders without sales restrictions (excluding shares lent through refinancing and shares locked by executives)
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report Share Type Name of Shareholder Number of Unrestricted Shares Held at the End of the Reporting Period
Type of shares Quantity Beijing Liweite Investment Co., Ltd. 51,209,771 RMB ordinary shares 51,209,771 Liang Xuexian 18,455,040 RMB ordinary shares 18,455,040 Hou Xia 8,156,000 RMB ordinary shares 8,156,000 Wang Haibo 4,000,020 RMB ordinary shares 4,000,020 Li Bozhi 2,823,100 RMB ordinary shares 2,823,100 Liang Kai 2,534,400 RMB ordinary shares 2,534,400 Luo Yuanlong 1,830,004 RMB ordinary shares 1,830,004 He Wei 1,782,800 RMB ordinary shares 1,782,800 Chen Lijuan 1,566,900 RMB ordinary shares 1,566,900 Wang Hongshan 1,426,000 RMB ordinary shares 1,426,000
Among the above-mentioned shareholders, Liang Xuexian and Liang Kai are the actual controllers of Beijing Liweite Investment Co., Ltd.
Among the above-mentioned shareholders, Liang Xuexian and Liang Kai are shareholders of Beijing Liweite Investment Co., Ltd.
among the top 10 shareholders without a selling moratorium, and between the top 10 shareholders without a selling moratorium and the top 10 shareholders
Explanation of related relationships or concerted actions 3. Among the above shareholders, Liang Xuexian is the chairman and general manager of Beijing Liweite Investment Co., Ltd.
Among the above shareholders, Liang Xuexian and Liang Kai have a father-son relationship.
Not applicable
Description of the top 10 ordinary shareholders participating in margin trading and securities lending business (if any) (see Note 4)
The situation of shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 shareholders of unrestricted tradable shares participating in the refinancing business and lending shares
□ApplicableNot applicable
The top 10 shareholders and the top 10 shareholders of unrestricted tradable shares have changed from the previous period due to refinancing lending/returning.
□ApplicableNot applicable
Whether the company has differential voting rights arrangements
□YesNo
Whether the company's top 10 ordinary shareholders and the top 10 unrestricted ordinary shareholders conducted agreed repurchase transactions during the reporting period
□YesNo
The company's top 10 common shareholders and the top 10 common shareholders without selling restrictions did not conduct agreed repurchase transactions during the reporting period.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
4. Changes in shareholdings of directors and senior managers
□ApplicableNot applicable
The shareholdings of the company's directors and senior managers did not change during the reporting period. For details, please refer to the 2025 annual report.
- Changes in controlling shareholders or actual controllers. If the company has previously disclosed that the actual controller plans to change control rights but has not yet completed it, please explain the progress of the change in control rights. □ApplicableNot applicable
Changes in controlling shareholders during the reporting period
□ApplicableNot applicable
The company's controlling shareholder did not change during the reporting period.
Changes in actual controller during the reporting period
□ApplicableNot applicable
The actual controller of the company did not change during the reporting period.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Relevant information on preference shares □Applicable Not applicable
There were no preferred shares in the company during the reporting period.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Section 7 Bond-related situations□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Section 8 Financial Report
1. Audit report
Has the semi-annual report been audited?
□YesNo
The company's semi-annual financial report has not been audited.
2. Financial statements
The unit of statements in the financial notes is: Yuan
- Consolidated balance sheet
Prepared by: Beijing Chengyitong Control Technology Group Co., Ltd.
June 30, 2026
Unit: Yuan
Item Ending balance Beginning balance
Current assets:
Monetary funds 90,665,269.96 255,344,285.63 Settlement reserves 0.00 0.00 Loan funds
trading financial assets
Derivative financial assets 0.00 0.00 Notes receivable 0.00 0.00 Accounts receivable 535,693,634.98 523,275,658.59 Receivables financing 5,387,604.93 3,924,231.15 Prepayments 132,058,474.16 64,090,132.23 Premiums receivable
Reinsurance accounts receivable
Receivable reinsurance contract reserves
Other receivables 22,174,967.86 27,915,858.90 Among them: interest receivable 0.00
Dividends receivable 0.00 Financial assets purchased under resale agreements
Inventory 661,012,331.38 596,385,615.39
Including: Data resources 0.00 Contract assets 8,193,306.14 6,597,008.37 Assets held for sale 0.00 0.00 Non-current assets due within one year 0.00 0.00 Other current assets 50,634,091.79 42,703,882.56
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Total current assets 1,505,819,681.20 1,520,236,672.82 Non-current assets:
Grant loans and advances
Debt investment 0.00 Other debt investments 0.00 Long-term receivables 3,029,672.21 3,126,600.02 Long-term equity investment 0.00 0.00 Other equity instrument investments 597,500.00 597,500.00 Other non-current financial assets 0.00 0.00 Investment real estate 192,018,661.10 197,809,008.02 Fixed assets 757,162,739.05 767,440,527.08 Construction in progress 26,680,684.99 22,808,688.94 Productive biological assets 0.00 0.00 Oil and gas assets 0.00 0.00 Right-of-use assets 1,878,859.46 2,528,789.54 Intangible assets 50,473,571.26 52,202,134.45
Among them: Data resources 0.00 Development expenditure 0.00 0.00
Including: Data resources 0.00 Goodwill 299,648,355.24 299,648,355.24 Long-term deferred expenses 120,557,960.72 85,500,452.77 Deferred income tax assets 9,405,584.23 10,247,110.36 Other non-current assets 153,641,910.50 198,737,433.95 Total non-current assets 1,615,095,498.76 1,640,646,600.37 Total assets 3,120,915,179.96 3,160,883,273.19 Current liabilities:
Short-term borrowings 564,575,753.51 519,665,992.81 Borrowings from the central bank
borrowing funds
Trading financial liabilities 0.00 0.00 Derivative financial liabilities 0.00 0.00 Notes payable 381,749,119.70 411,624,446.77 Accounts payable 279,698,748.63 293,815,666.02 Advance receipts 0.00 0.00 Contract liabilities 384,598,429.23 322,066,505.59 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 24,087,980.12 28,851,854.31
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Taxes payable 7,785,541.35 15,857,048.94 Other payables 15,914,231.35 63,696,340.49 Among them: interest payable 0.00 0.00
Dividends payable 0.00 Handling fees and commissions payable
Reinsurance accounts payable
Liabilities held for sale 0.00 Non-current liabilities due within one year 27,220,173.38 36,978,200.61 Other current liabilities 49,814,003.18 40,876,297.64 Total current liabilities 1,735,443,980.45 1,733,432,353.18 Non-current liabilities:
insurance contract reserves
Long-term borrowings 102,647,457.62 110,990,677.96 Bonds payable 0.00 Including: Preferred shares 0.00
Perpetual bonds 0.00 Lease liabilities 881,359.36 1,520,282.60 Long-term payables 0.00 0.00 Long-term employee benefits payable 0.00 0.00 Estimated liabilities 0.00 0.00 Deferred income 7,861,780.46 7,994,034.68 Deferred income tax liabilities 418,220.46 617,861.49 Other non-current liabilities 0.00 0.00 Total non-current liabilities 111,808,817.90 121,122,856.73 Total liabilities 1,847,252,798.35 1,854,555,209.91 Owners’ equity:
Share capital 273,046,796.00 273,046,796.00 Other equity instruments 0.00 Among them: preference shares 0.00
Perpetual bonds 0.00 Capital reserve 914,212,828.85 914,212,828.85 Less: treasury shares 0.00 0.00 Other comprehensive income -2,022,437.73 -2,106,083.82 Special reserves 0.00 0.00 Surplus reserve 57,843,036.19 57,843,036.19 General risk preparation
Undistributed profits 68,459,039.34 97,530,788.94 Total owners’ equity attributable to the parent company 1,311,539,262.65 1,340,527,366.16 Minority shareholders’ equity -37,876,881.04 -34,199,302.88 Total owners’ equity 1,273,662,381.61 1,306,328,063.28
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Total liabilities and owners’ equity 3,120,915,179.96 3,160,883,273.19 Legal representative: Liang Kai Person in charge of accounting work: Lu Zhenhua Person in charge of accounting department: Dai Hongmin
- Balance sheet of the parent company
Unit: Yuan
Item Ending balance Beginning balance
Current assets:
Monetary funds 40,845,901.50 162,458,863.01 Trading financial assets 0.00 0.00 Derivative financial assets 0.00 0.00 Notes receivable 0.00 0.00 Accounts receivable 440,710,466.54 423,943,670.19 Accounts receivable financing 2,861,277.45 3,069,176.50 Prepayments 106,786,899.73 39,872,445.67 Other receivables 433,732,385.76 426,407,161.58 Among them: interest receivable 0.00
Dividends receivable 0.00 Inventory 452,774,344.14 409,976,637.69
Including: Data resources 0.00 Contract assets 6,320,683.12 4,499,266.22 Assets held for sale 0.00 0.00 Non-current assets due within one year 0.00 0.00 Other current assets 7,372,125.01 5,336,173.06 Total current assets 1,491,404,083.25 1,475,563,393.92 Non-current assets:
Debt investment 0.00 Other debt investment 0.00 Long-term receivables 0.00 Long-term equity investment 1,016,920,462.42 1,007,920,462.42 Other equity instrument investment 0.00 0.00 Other non-current financial assets 0.00 0.00 Investment real estate 11,048,330.09 12,335,981.15 Fixed assets 7,702,307.68 7,068,303.92 Construction in progress 0.00 0.00 Productive biological assets 0.00 0.00 Oil and gas assets 0.00 0.00 Right-of-use assets 5,471,772.84 5,775,760.20 Intangible assets 788,737.79 689,405.79
Among them: data resources 0.00
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Development expenditure 0.00 0.00
Including: Data resources 0.00 Goodwill 0.00 0.00 Long-term deferred expenses 18,116,939.50 19,255,400.85 Deferred income tax assets 871,507.37 910,162.83 Other non-current assets 0.00 0.00 Total non-current assets 1,060,920,057.69 1,053,955,477.16 Total assets 2,552,324,140.94 2,529,518,871.08 Current liabilities:
Short-term borrowings 269,472,753.51 228,292,992.81 Trading financial liabilities 0.00 0.00 Derivative financial liabilities 0.00 0.00 Notes payable 343,497,407.66 368,058,359.48 Accounts payable 182,306,245.06 195,215,328.22 Advance receipts 0.00 0.00 Contract liabilities 261,268,095.06 249,743,735.67 Employee benefits payable 7,711,676.70 8,342,587.47 Taxes payable 167,167.06 207,141.21 Other payables 175,279,995.08 188,901,928.64 Among them: interest payable 0.00
Dividends payable 0.00 Liabilities held for sale 0.00 0.00 Non-current liabilities due within one year 533,497.93 521,390.42 Other current liabilities 33,964,852.36 32,466,685.64 Total current liabilities 1,274,201,690.42 1,271,750,149.56 Non-current liabilities:
Long-term borrowings 0.00 Bonds payable 0.00 Including: Preferred shares 0.00
Perpetual bonds 0.00 Lease liabilities 5,276,551.21 5,546,361.80 Long-term payables 0.00 0.00 Long-term employee benefits payable 0.00 0.00 Estimated liabilities 0.00 0.00 Deferred income 0.00 0.00 Deferred income tax liabilities 820,765.93 866,364.03 Other non-current liabilities 0.00 0.00 Total non-current liabilities 6,097,317.14 6,412,725.83 Total liabilities 1,280,299,007.56 1,278,162,875.39 Owners’ equity:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Share capital 273,046,796.00 273,046,796.00 Other equity instruments 0.00 Among them: preference shares 0.00
Perpetual bonds 0.00 Capital reserve 915,444,543.07 915,444,543.07 Less: treasury shares 0.00 0.00 Other comprehensive income 0.00 0.00 Special reserves 0.00 0.00 Surplus reserve 57,843,036.19 57,843,036.19 Undistributed profits 25,690,758.12 5,021,620.43 Total owners’ equity 1,272,025,133.38 1,251,355,995.69 Total liabilities and owners’ equity 2,552,324,140.94 2,529,518,871.08
- Consolidated income statement
Unit: Yuan
Project Half-year 2026 Half-year 2025
- Total operating income 347,649,693.28 407,971,359.34 Including: operating income 347,649,693.28 407,971,359.34 Interest income
Premiums earned
Fee and commission income
- Total operating costs 423,474,372.73 394,197,994.61 Including: operating costs 275,647,880.59 250,334,693.83 Interest expenses
Handling fees and commission expenses
surrender deposit
Net compensation expenses
Net withdrawal of insurance liability reserves
policy dividend payout
Reinsurance cost
Taxes and surcharges 4,190,995.12 4,637,527.77 Sales expenses 46,785,633.93 37,399,996.40 Management expenses 45,235,908.36 39,285,788.35 Research and development expenses 36,860,557.72 50,044,373.36Financial expenses 14,753,397.01 12,495,614.90Including: Interest expenses 11,239,513.27 12,483,342.02
Interest income 266,983.13 1,207,549.15 plus: other income 11,713,269.62 9,274,278.43 Investment income (losses are listed with "—") -696,102.61 -670,915.44
Including: Investment income from associates and joint ventures
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Gains from derecognition of financial assets measured at amortized cost
Exchange gains (losses are listed with "-")
Net exposure hedging income (losses are listed with “—”)
Gains from changes in fair value (losses are listed with "-") 0.00 0.00 Credit impairment losses (losses are listed with "-") 43,494,916.83 27,115,184.30 Asset impairment losses (losses are listed with "-") 282,176.48 70,582.33
Asset disposal income (losses are listed with "—") 85,131.71 -30,187.97
Operating profit (losses are listed with "-") -20,945,287.42 49,532,306.38 Plus: non-operating income 460,650.48 20,525.75 Less: non-operating expenses 1,221,592.12 1,300,367.39
Total profits (total losses are listed with "—") -21,706,229.06 48,252,464.74 Less: income tax expenses 11,043,098.69 4,362,728.01
Net profit (net loss is listed with "—") -32,749,327.75 43,889,736.73
(1) Classification by business continuity
Net profit from continuing operations (net loss is listed with "—") -32,749,327.75 43,889,736.73
Net profit from discontinued operations (net loss is listed with “—”)
(2) Classification according to ownership ownership
Net profit attributable to shareholders of the parent company (net losses are listed with "—") -29,071,749.60 51,177,546.27
Profit and loss of minority shareholders (net loss is listed with “—”) -3,677,578.15 -7,287,809.54
Net amount of other comprehensive income after tax 83,646.09 -4,124.18 Net amount of other comprehensive income attributable to the owners of the parent company after tax 83,646.09 -4,124.18
(1) Other comprehensive income that cannot be reclassified into profit or loss 0.00 0.00 1. Remeasurement of changes in defined benefit plan
Other comprehensive income that cannot be transferred to profit or loss under the equity method
Changes in fair value of other equity instrument investments
Changes in the fair value of the company’s own credit risk
5.Others
(2) Other comprehensive income that will be reclassified into profit and loss 83,646.09 -4,124.18 1. Other comprehensive income that can be converted into profit and loss under the equity method
Changes in fair value of other debt investments
The amount of financial assets reclassified and included in other comprehensive income
Credit impairment provisions for other debt investments
Cash flow hedging reserve
Translation difference of foreign currency financial statements 83,646.09 -4,124.18
7.Others
Other comprehensive income, net of tax, attributable to minority shareholders
- Total comprehensive income -32,665,681.66 43,885,612.55 Total comprehensive income attributable to owners of the parent company -28,988,103.51 51,173,422.09 Total comprehensive income attributable to minority shareholders -3,677,578.15 -7,287,809.54
8. Earnings per share:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(1) Basic earnings per share -0.1065 0.19
(2) Diluted earnings per share -0.11 0.19 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: Liang Kai Person in charge of accounting work: Lu Zhenhua Person in charge of accounting department: Dai Hongmin
- Income statement of the parent company
Unit: Yuan
Project Half-year 2026 Half-year 2025
- Operating income 207,888,608.87 220,709,486.68 Less: Operating costs 173,053,270.42 165,564,127.95 Taxes and surcharges 510,008.23 685,317.70 Sales expenses 9,465,972.91 10,085,738.05Administrative expenses 17,636,896.94 17,566,525.93R&D expenses 8,270,187.10 8,361,508.47Financial expenses 7,248,597.92 6,859,256.75Including: interest expenses 5,075,451.76 6,013,878.96
Interest income 72,880.10 378,131.67 plus: other income 2,338,296.52 2,410,974.27 Investment income (losses are listed with "-") -582,760.34 -393,401.53 Including: investment income from associates and joint ventures
Gains from derecognition of financial assets measured at amortized cost
Net exposure hedging income (losses are listed with “—”)
Gains from changes in fair value (losses are listed with “—”) 0.00 0.00 Credit impairment losses (losses are marked with “—”) 27,221,262.97 20,356,188.73 Asset impairment losses (losses are marked with “—”) 55,235.05 11,401.44 Asset disposal income (losses are marked with “—”) 85,131.71 -30,714.92
Operating profit (losses are listed with "-") 20,820,841.26 33,941,459.82 Plus: non-operating income 0.00 322.00 Less: non-operating expenses 158,646.21 24,364.51
Total profits (total losses are listed with "—") 20,662,195.05 33,917,417.31 Less: income tax expenses -6,942.64 2,925,869.97
Net profit (net loss is listed with “—”) 20,669,137.69 30,991,547.34
(1) Net profit from continuing operations (net loss is listed with "—") 20,669,137.69 30,991,547.34
(2) Net profit from discontinued operations (net loss is listed with “—”)
- Net amount of other comprehensive income after tax 0.00 0.00
(1) Other comprehensive income that cannot be reclassified into profit or loss 0.00 0.00 1. Remeasurement of changes in defined benefit plan
Other comprehensive income that cannot be transferred to profit or loss under the equity method
Change in fair value of other equity instrument investments 0.00
Changes in the fair value of the company’s own credit risk
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
5.Others
(2) Other comprehensive income that will be reclassified into profit and loss 0.00 0.00 1. Other comprehensive income that can be converted into profit and loss under the equity method
Changes in fair value of other debt investments
The amount of financial assets reclassified and included in other comprehensive income
Credit impairment provisions for other debt investments
Cash flow hedging reserve
Translation differences of foreign currency financial statements
7.Others
- Total comprehensive income 20,669,137.69 30,991,547.34
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 selling goods and providing services 423,862,623.22 570,813,155.22 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 11,462,511.89 12,627,559.15 Other cash received related to operating activities 57,764,095.31 41,452,909.37 Subtotal of cash inflows from operating activities 493,089,230.42 624,893,623.74 Cash paid for purchasing goods and receiving services 422,767,921.18 419,677,124.35 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 113,570,673.25 115,189,089.75
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Various taxes paid 32,072,533.20 30,992,970.56 Cash paid for other operating activities 92,131,191.72 80,995,728.66 Subtotal of cash outflows from operating activities 660,542,319.35 646,854,913.32 Net cash flow generated from operating activities -167,453,088.93 -21,961,289.58
2. Cash flow generated from investing activities:
Cash received from recovery of investment 7,000,000.00 96,036,214.23 Cash received from investment income 31,418.97 86,366.46 Net cash received from disposal of fixed assets, intangible assets and other long-term assets 150,150.00 63,842.83 Net cash received from disposal of subsidiaries and other business units 0.00 0.00 Other cash received related to investing activities 0.00 0.00 Subtotal of cash inflows from investing activities 7,181,568.97 96,186,423.52 Cash paid for the purchase and construction of fixed assets, intangible assets and other long-term assets 15,155,513.11 65,336,555.21 Cash paid for investment 0.00 94,900,000.00 Net increase in pledged loans
Net cash paid to acquire subsidiaries and other business units 0.00 0.00 Cash paid for other investment activities 0.00 0.00 Subtotal cash outflow from investing activities 15,155,513.11 160,236,555.21 Net cash flow generated from investing activities -7,973,944.14 -64,050,131.69
3. Cash flow generated from financing activities:
Cash received from investments 0.00 0.00 Including: Cash received by subsidiaries from absorbing investments from minority shareholders 0.00 0.00 Cash received from borrowings 295,410,200.00 279,046,492.88 Cash received from other financing activities 0.00 0.00 Subtotal of cash inflows from financing activities 295,410,200.00 279,046,492.88 Cash paid to repay debts 268,593,659.64 264,867,205.77 Cash paid to distribute dividends, profits or pay interest 11,273,943.84 12,483,473.09 Including: dividends and profits paid by subsidiaries to minority shareholders
Cash payments related to other financing activities 15,965,935.24 6,486,962.79 Subtotal cash outflows from financing activities 295,833,538.72 283,837,641.65 Net cash flow generated from financing activities -423,338.72 -4,791,148.77
Impact of exchange rate changes on cash and cash equivalents -1,142,191.17 146,524.93
Net increase in cash and cash equivalents -176,992,562.96 -90,656,045.11 plus: opening balance of cash and cash equivalents 241,083,669.96 339,272,861.29
Balance of cash and cash equivalents at the end of the period 64,091,107.00 248,616,816.18
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 203,873,897.78 277,138,906.70
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Tax returns received 1,480,570.25 4,301,713.24 Other cash received related to operating activities 489,280,093.50 268,823,345.45 Subtotal of cash inflows from operating activities 694,634,561.53 550,263,965.39 Cash paid for purchasing goods and receiving services 331,664,107.46 302,657,905.70 Cash paid to and for employees 31,990,456.49 33,687,047.36 Various taxes and fees paid 3,750,542.97 3,266,372.32 Cash paid for other operating activities 470,104,599.82 221,236,844.99 Subtotal cash outflow from operating activities 837,509,706.74 560,848,170.37 Net cash flow generated from operating activities -142,875,145.21 -10,584,204.98
2. Cash flow generated from investing activities:
Cash received from the recovery of investments 0.00 65,536,214.23 Cash received from investment income 0.00 51,824.66 Net cash received from the disposal of fixed assets, intangible assets and other long-term assets 150,150.00 8,800.00 Net cash received from the disposal of subsidiaries and other business units 0.00 0.00 Other cash received related to investment activities 0.00 0.00 Subtotal of cash inflows from investing activities 150,150.00 65,596,838.89 Cash paid for the purchase and construction of fixed assets, intangible assets and other long-term assets 428,708.60 1,325,858.99 Cash paid for investments 9,000,000.00 64,400,000.00 Net cash paid for the acquisition of subsidiaries and other business units 0.00 4,308,800.00 Other cash payments related to investing activities 0.00 0.00 Subtotal cash outflow from investing activities 9,428,708.60 70,034,658.99 Net cash flow generated from investing activities -9,278,558.60 -4,437,820.10
3. Cash flow generated from financing activities:
Cash received from investments 0.00 0.00 Cash received from borrowings 99,970,200.00 103,246,492.88 Cash received from other financing activities 1,456,262.41 Subtotal of cash inflows from financing activities 99,970,200.00 104,702,755.29 Cash paid to repay debts 58,790,439.30 94,601,985.43 Cash paid for distribution of dividends, profits or repayment of interest 5,075,451.76 6,013,878.96 Cash paid for other related financing activities 18,135,398.23 9,169,125.44 Subtotal of cash outflows from financing activities 82,001,289.29 109,784,989.83 Net cash flow generated from financing activities 17,968,910.71 -5,082,234.54
4. The impact of exchange rate changes on cash and cash equivalents
Net increase in cash and cash equivalents -134,184,793.10 -20,104,259.62 Plus: opening balance of cash and cash equivalents 150,511,097.88 153,142,024.12
Balance of cash and cash equivalents at the end of the period 16,326,304.78 133,037,764.50
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Consolidated statement of changes in owners’ equity
Amount of current period
Unit: Yuan
2026 half year
Owner's equity attributable to parent company
Other equity work 1
minus
Project Specification
:
Other Comprehensive Income Items Risk Other Minority Equity Owners’ Equity Total Equity Excellent Capital Reserve Surplus Reserve Undistributed Profit Subtotal
Its profit reserve insurance provides him with
Continue to save first
He is ready
stocks bonds stocks
Prepare
- Ending balance of the previous year 273,046,796.00 914,212,828.85 -2,106,083.82 57,843,036.19 97,530,788.94 1,340,527,366.16 -34,199,302.88 1,306,328,063.28 plus: Change in accounting policy 0.00 0.00 Correction of previous period errors 0.00 0.00
Others 0.00 0.00
- Balance at the beginning of the year 273,046,796.00 914,212,828.85 -2,106,083.82 57,843,036.19 97,530,788.94 1,340,527,366.16 -34,199,302.88 1,306,328,063.28
3. Amount of increase or decrease in the current period
0.00 0.00 83,646.09 0.00 -29,071,749.60 -28,988,103.51 -3,677,578.16 -32,665,681.67 (reduce numbers with "-")
(1) Total comprehensive income 83,646.09 -29,071,749.60 -28,988,103.51 -3,677,578.16 -32,665,681.67
(2) Owner’s investment and reduction
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Less capital
1. Owner's investment
0.00 0.00 shares
- Other equity instruments held
0.00 0.00 person invested capital
- Share-based payments are included in all
0.00 0.00 Amount of equity of the stakeholder
- Others 0.00 0.00
(3) Profit distribution 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1. Withdrawal from surplus reserve 0.00 0.00 0.00 0.00
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Withdraw general risk reserve
to the owner (or stock
0.00 0.00 0.00 East) distribution
- Others 0.00 0.00
(4) Internal owners’ equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Carry forward
1. Capital reserve converted into capital
0.00 0.00 (or share capital)
- Conversion of surplus reserves into capital
0.00 0.00 (or share capital)
- Surplus reserve to make up for losses 0.00 0.00 4. Changes to defined benefit plans
0.00 0.00 amount carried forward to retained earnings
- Other comprehensive income carried forward
0.00 0.00Retained earnings
- Others 0.00 0.00
(5) Special reserves 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1. Withdrawal in this period 0.00 0.00 2. Used in this period 0.00 0.00
(6) Others 0.00 0.00
- Ending balance of the current period 273,046,796.00 914,212,828.85 -2,022,437.73 57,843,036.19 68,459,039.34 1,311,539,262.65 -37,876,881.04 1,273,662,381.61 Amount of previous year
Unit: Yuan
2025 half year
Owner's equity attributable to parent company
Other equity work 1
minus
Project Specification
:
Other Comprehensive Income Items Risk Other Minority Equity Owners’ Equity Total Equity Excellent Capital Reserve Surplus Reserve Undistributed Profit Subtotal
Its profit reserve insurance provides him with
Continue to save first
He is ready
stocks bonds stocks
Prepare
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Ending balance of the previous year 273,046,796.00 914,212,828.85 -2,219,946.90 57,843,036.19 989,187,284.26 2,232,069,998.40 2,246,191.50 2,234,316,189.90 plus: Change in accounting policy 0.00 0.00 Correction of previous period errors 0.00 0.00
Others 0.00 0.00
- Balance at the beginning of the year 273,046,796.00 914,212,828.85 -2,219,946.90 57,843,036.19 989,187,284.26 2,232,069,998.40 2,246,191.50 2,234,316,189.90
3. Amount of increase or decrease in the current period
0.00 0.00 113,863.08 0.00 -891,656,495.32 -891,542,632.24 -36,445,494.38 -927,988,126.62 (reduced numbers are filled in with "-")
(1) Total comprehensive income 113,863.08 -879,369,389.74 -879,255,526.66 -36,445,494.38 -915,701,021.04
(2) Owner’s investment and reduction
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Less capital
1. Owner's investment
0.00 0.00 shares
- Other equity instruments held
0.00 0.00 person invested capital
- Share-based payments are included in all
0.00 0.00 Amount of equity of the stakeholder
- Others 0.00 0.00
(3) Profit distribution 0.00 0.00 0.00 0.00 -12,287,105.58 -12,287,105.58 0.00 -12,287,105.58 1. Withdrawal from surplus reserve 0.00 0.00 2. Withdraw general risk reserve
- to the owner (or stock
-12,287,105.58 -12,287,105.58 -12,287,105.58 East) distribution
- Others 0.00 0.00
(4) Internal owners’ equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Carry forward
1. Capital reserve converted into capital
0.00 0.00 (or share capital)
- Conversion of surplus reserves into capital
0.00 0.00 (or share capital)
- Surplus reserve to cover losses 0.00 0.00
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Changes to defined benefit plans
0.00 0.00 amount carried forward to retained earnings
- Other comprehensive income carried forward
0.00 0.00Retained earnings
- Others 0.00 0.00
(5) Special reserves 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1. Withdrawal in this period 0.00 0.00 2. Used in this period 0.00 0.00
(6) Others 0.00 0.00
Ending balance of the current period 273,046,796.00 914,212,828.85 -2,106,083.82 57,843,036.19 97,530,788.94 1,340,527,366.16 -34,199,302.88 1,306,328,063.28
Statement of changes in owner’s equity of the parent company
Amount of current period
Unit: Yuan
2026 half year
Other equity instruments
Items Other Comprehensive Revenue Special Items Other
Equity Priority Perpetual Capital Reserve Less: Treasury Shares Surplus Reserve Undistributed Profits Total Owners’ Equity Other Interests Reserves Others
stocks bonds
- Ending balance of the previous year 273,046,796.00 915,444,543.07 57,843,036.19 5,021,620.43 1,251,355,995.69 Add: Change in accounting policy 0.00 Correction of previous period errors 0.00
Others 0.00
Balance at the beginning of the year 273,046,796.00 915,444,543.07 57,843,036.19 5,021,620.43 1,251,355,995.69
Amount of increase or decrease in the current period (decreases are listed with "-") 0.00 0.00 0.00 20,669,137.69 20,669,137.69
(1) Total comprehensive income 20,669,137.69 20,669,137.69
(2) Owner’s investment and capital reduction 0.00 0.00 0.00 0.00 0.00 1. Common shares invested by owners 0.00 2. Capital invested by other equity instrument holders 0.00
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- The amount of share-based payment included in owners’ equity 0.00 4. Others 0.00
(3) Profit distribution 0.00 0.00 0.00 0.00 0.00 1. Withdrawal from surplus reserve 0.00 0.00 0.00 2. Distribution to owners (or shareholders) 0.00 0.00 3. Others 0.00
(4) Internal carryover of owners’ equity 0.00 0.00 0.00 0.00 0.00 1. Capital reserve converted into capital (or share capital) 0.00 2. Conversion of surplus reserves into capital (or share capital) 0.00 3. Surplus reserve to cover losses 0.00 4. Changes in defined benefit plans are carried forward to retained earnings 0.00 5. Other comprehensive income carried forward to retained earnings 0.00 0.00 6. Others 0.00
(5) Special reserves 0.00 0.00 0.00 0.00 0.00 1. Withdraw 0.00 in this period 2. Use 0.00 in this period
(6) Others 0.00
- Ending balance of the current period 273,046,796.00 915,444,543.07 57,843,036.19 25,690,758.12 1,272,025,133.38 Amount of the previous period
Unit: Yuan
2025 half year
Other equity instruments
Projects Other Comprehensive Special Projects Others
Equity Priority Perpetual Capital Reserve Less: Treasury Shares Surplus Reserve Undistributed Profits Total Owners’ Equity Other Income Reserves Others
stocks bonds
- Ending balance of the previous year 273,046,796.00 915,444,543.07 57,843,036.19 453,070,993.29 1,699,405,368.55 Add: change in accounting policy 0.00
Correction of previous errors 0.00
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Others 0.00
Balance at the beginning of the year 273,046,796.00 915,444,543.07 57,843,036.19 453,070,993.29 1,699,405,368.55
Amount of increase or decrease in the current period (decreases are listed with "-") 0.00 0.00 0.00 -448,049,372.86 -448,049,372.86
(1) Total comprehensive income -435,762,267.28 -435,762,267.28
(2) Owner’s investment and capital reduction 0.00 0.00 0.00 0.00 0.00 1. Common shares invested by owners 0.00 2. Capital invested by other equity instrument holders 0.00 3. The amount of share-based payment included in owners’ equity 0.00 4. Others 0.00
(3) Profit distribution 0.00 0.00 0.00 -12,287,105.58 -12,287,105.58 1. Withdrawal from surplus reserve 0.00 2. Distribution to owners (or shareholders) -12,287,105.58 -12,287,105.58 3. Others 0.00
(4) Internal carryover of owners’ equity 0.00 0.00 0.00 0.00 0.00 1. Capital reserve converted into capital (or share capital) 0.00 2. Conversion of surplus reserves into capital (or share capital) 0.00 3. Surplus reserve to cover losses 0.00 4. Changes in defined benefit plans are carried forward to retained earnings 0.00 5. Other comprehensive income carried forward to retained earnings 0.00 6. Others 0.00
(5) Special reserves 0.00 0.00 0.00 0.00 0.00 1. Withdraw 0.00 in this period 2. Use 0.00 in this period
(6) Others 0.00
- Closing balance of the current period 273,046,796.00 915,444,543.07 57,843,036.19 5,021,620.43 1,251,355,995.69
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
3. Basic situation of the company
Beijing Chengyitong Control Technology Group Co., Ltd. (formerly known as "Beijing Chengyitong Control Engineering Technology Co., Ltd.") (hereinafter referred to as the "Company" or "the Company") is a joint-stock company established by Beijing Oriental Chengyitong Industrial Automation Technology Co., Ltd. in 2011. The unified social credit code is 91110000752630339B.
Residence: Room 418, 4th Floor, Building 6, No. 38 Yongda Road, Daxing Biomedical Industry Base, Zhongguancun Science and Technology Park, Daxing District, Beijing Legal Representative: Liang Kai
Registered capital: 273,046,796 yuan
The company's main business activities include: automation control systems, industrial software, intelligent equipment, rehabilitation medical equipment and rehabilitation specialist solutions, etc. This financial statement was approved for issuance by the company's board of directors on August 28, 2026.
4. Basis for preparation of financial statements
- Basics of preparation
The Company's financial statements are based on going concern, based on actual transactions and events, in accordance with the "Accounting Standards for Business Enterprises - Basic Standards" and specific accounting standards promulgated by the Ministry of Finance (hereinafter referred to as the Accounting Standards for Business Enterprises), and are prepared based on the important accounting policies and accounting estimates formulated.
- Continued operations
The company has the ability to continue operating for at least 12 months from the end of this reporting period, and there are no major events that affect its ability to continue operating. This financial statement is presented on a going concern basis.
5. Important accounting policies and accounting estimates
Specific accounting policies and accounting estimate tips: None
- Statement on compliance with corporate accounting standards
The financial statements prepared by the company comply with the requirements of the "Accounting Standards for Business Enterprises" and truly and completely reflect the financial status as of June 30, 2026, operating results and cash flow for the first half of 2026 and other relevant information.
- Accounting period
The company's fiscal year is the Gregorian calendar year, that is, from January 1 to December 31 of each year.
- Business cycle
The company uses 12 months a year as its normal operating cycle, and uses the operating cycle as the liquidity classification standard for assets and liabilities.
- Accounting standard currency
The Company uses RMB as its functional accounting currency.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Determination method and selection basis of importance standards
Applicable□Not applicable
Project Materiality Criteria
Important individual receivables for which bad debt provisions are made account for more than 10% of the corresponding receivables, and the amount exceeds 10 million yuan
Important construction projects under construction account for more than 0.5% of total assets, and the amount exceeds 10 million yuan
Important accounts payable and other payables aged more than 1 year, aged more than 1 year, and the amount exceeds 5 million yuan
Important non-wholly owned subsidiaries whose total revenue or total assets exceed 10% of the group’s total revenue or total assets
- Accounting treatment methods for business combinations under the same control and those not under the same control
(1) Business merger under common control
For a long-term equity investment formed by a business merger under the same control, if the merging party pays cash, transfers non-cash assets or assumes debts as the merger consideration, the share of the book value of the owner's equity of the merged party in the final controlling party's consolidated financial statements on the merger date shall be regarded as the initial investment cost of the long-term equity investment. If the merging party issues equity instruments as the consideration for the merger, the total face value of the shares issued shall be deemed as share capital. The difference between the initial investment cost of a long-term equity investment and the book value of the merger consideration (or the total face value of the shares issued) shall be adjusted to the capital reserve; if the capital reserve is insufficient for offset, the retained earnings shall be adjusted.
(2) Business combination not under common control
For business combinations not under common control, the combination cost is the sum of the fair value of the assets paid by the purchaser, liabilities incurred or assumed, and equity securities issued by the purchaser to obtain control of the purchased party on the purchase date. The identifiable assets, liabilities and contingent liabilities of the acquiree that meet the recognition conditions and are acquired in a business combination not under common control are measured at fair value on the acquisition date. The difference between the purchaser's cost of merger and the fair value of the acquiree's identifiable net assets acquired in the merger is reflected in the value of goodwill. If the purchaser's merger cost is less than the fair value share of the acquiree's identifiable net assets obtained in the merger, and after review, the difference between the merger cost and the fair value share of the acquiree's identifiable net assets obtained in the merger shall be included in the non-operating income of the current period.
- Judgment standards for control and preparation methods of consolidated financial statements
(1) Judgment criteria for control
The scope of consolidation of consolidated financial statements is determined based on control. An invested unit that possesses the following three elements is deemed to have control over it: having power over the invested unit, enjoying variable returns due to participation in relevant activities of the invested unit, and having the ability to use power over the invested unit to affect the amount of returns. (2) Preparation method of consolidated financial statements
- Unify the accounting policies of the parent and subsidiary companies, unify the balance sheet dates and accounting periods of the parent and subsidiary companies
If the accounting policies or accounting periods adopted by a subsidiary and the Company are inconsistent, when preparing consolidated financial statements, necessary adjustments will be made to the financial statements of the subsidiary in accordance with the Company's accounting policies or accounting periods.
- Offset matters in consolidated financial statements
The consolidated financial statements are based on the financial statements of the parent company and subsidiaries, and have eliminated internal transactions between the parent company and its subsidiaries, and between subsidiaries. The share of the subsidiary's owner's equity that does not belong to the company is regarded as minority shareholders' equity and is listed as "minority shareholders' equity" under the shareholders' equity item in the consolidated balance sheet.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Items are listed. The long-term equity investment held by the subsidiary company in the parent company is regarded as the treasury stock of the parent company. As a reduction of shareholders' equity, it is listed as "less: treasury shares" under the shareholder equity item in the consolidated balance sheet.
- Accounting treatment of subsidiaries acquired through merger
For subsidiaries acquired through business combinations under common control, the business combination will be deemed to have occurred when the ultimate controlling party began to exercise control, and its assets, liabilities, operating results and cash flows will be included in the consolidated financial statements from the beginning of the current period of merger; for subsidiaries acquired through business combinations not under common control, when preparing consolidated financial statements, their individual financial statements will be adjusted based on the fair value of the identifiable net assets on the acquisition date.
- Accounting treatment for disposal of subsidiaries
If a long-term equity investment in a subsidiary is partially disposed of without losing control, in the consolidated financial statements, the difference between the disposal price and the share of the subsidiary's net assets continuously calculated from the date of purchase or merger will be adjusted to the capital reserve. If the capital reserve is insufficient for offset, the retained earnings will be adjusted. If control over the investee is lost due to disposal of part of the equity investment or other reasons, when preparing consolidated financial statements, the remaining equity shall be remeasured according to its fair value on the date of loss of control. The difference between the sum of the consideration obtained for disposing of the equity and the fair value of the remaining equity, minus the share of the original subsidiary's net assets calculated continuously from the date of purchase or merger based on the original shareholding ratio, shall be included in the investment income for the period when control is lost, and goodwill shall be offset at the same time. Other comprehensive income related to the equity investment in the original subsidiary will be converted into current investment income when control is lost.
- Classification of joint arrangements and accounting treatment methods for joint operations
(1) Classification of joint arrangements
Joint arrangements are divided into joint operations and joint ventures. Joint arrangements that are not reached through separate entities are classified as joint operations. An independent entity refers to an entity with a separately identifiable financial structure, including independent legal entities and entities that do not have legal entity qualifications but are recognized by law. Joint arrangements entered into between separate entities are generally classified as joint ventures. If changes in relevant facts and circumstances lead to changes in the rights and obligations of a joint venture party in the joint venture arrangement, the joint venture party will reassess the classification of the joint venture arrangement.
(2) Accounting treatment of joint operations
As a joint operating participant, the company recognizes the following items related to the interest share in the joint operation, and performs accounting treatments in accordance with the relevant accounting standards for enterprises: recognizes assets or liabilities held individually, and recognizes jointly held assets or liabilities based on shares; recognizes income generated from the sale of the share of joint operation output; recognizes income generated by joint operations from the sale of output based on shares; recognizes expenses incurred individually, and recognizes expenses incurred in joint operations based on shares.
The Company is a participant that does not enjoy joint control over the joint operation. If it owns the assets related to the joint operation and assumes the liabilities related to the joint operation, the accounting treatment shall be carried out in accordance with the provisions of the joint operation participants; otherwise, the accounting treatment shall be carried out in accordance with the provisions of the relevant accounting standards for enterprises.
(3) Accounting treatment of joint ventures
The Company is a party to a joint venture and accounts for investments in joint ventures in accordance with the "Accounting Standards for Business Enterprises No. 2 - Long-term Equity Investment"; the Company is a non-joint party and accounts for investments based on the degree of influence on the joint venture.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Determination standards for cash and cash equivalents
The cash determined when the company prepares the cash flow statement refers to cash on hand and deposits that can be used for payment at any time. The cash equivalents determined when preparing the cash flow statement refer to investments held with short term, strong liquidity, easy to convert into known amounts of cash, and with little risk of value changes.
- Foreign currency business and foreign currency statement conversion
(1) Foreign currency business conversion
The Company's foreign currency transactions are recorded in the functional currency using the spot exchange rate on the date of the transaction. Foreign currency monetary items on the balance sheet date are converted at the spot exchange rate on the balance sheet date. The exchange differences arising from the difference between the spot exchange rate on that day and the spot exchange rate on initial recognition or on the previous balance sheet date are included in the current profit and loss, except for the exchange differences on special foreign currency borrowings that meet the capitalization conditions, which are capitalized and included in the cost of related assets during the capitalization period. Foreign currency non-monetary items measured at historical cost are still converted using the spot exchange rate on the date of transaction, and their recording currency amount does not change. Foreign currency non-monetary items measured at fair value are converted using the spot exchange rate on the date when the fair value is determined. The difference between the converted accounting functional currency amount and the original accounting functional currency amount is treated as a change in fair value (including exchange rate changes), and is included in the current profit and loss or recognized as other comprehensive income.
(2) Conversion of foreign currency financial statements
If the Company's subsidiaries, joint ventures, associates, etc. use a different recording currency than the Company, their foreign currency financial statements must be converted before accounting and preparation of consolidated financial statements. The asset and liability items in the balance sheet are translated using the spot exchange rate on the balance sheet date. Owner's equity items, except for the "undistributed profits" items, are translated using the spot exchange rate at the time of occurrence. Income and expense items in the income statement are translated using the approximate exchange rate of the spot exchange rate on the date of transaction. The translation differences of foreign currency financial statements arising from the translation are listed under other comprehensive income in the owner's equity item in the balance sheet. Foreign currency cash flows are translated using an exchange rate determined in a systematic and reasonable manner that is similar to the spot exchange rate on the date when the cash flow occurs. The impact of exchange rate changes on cash is presented separately in the cash flow statement. When an overseas operation is disposed of, the translation difference of foreign currency statements related to the overseas operation shall be transferred to the current profit and loss of the disposal in full or in proportion to the disposal of the overseas operation.
- Financial instruments
(1) Classification, recognition and measurement of financial instruments
- Financial assets
Based on the business model of managing financial assets and the contractual cash flow characteristics of financial assets, the Company divides financial assets into the following three categories:
①Financial assets measured at amortized cost. The business model for managing such financial assets is aimed at collecting contractual cash flows, and the contractual cash flow characteristics of such financial assets are consistent with the basic lending arrangement, that is, the cash flows generated on a specific date are only payments of principal and interest based on the outstanding principal amount. Interest income from such financial assets is subsequently recognized in accordance with the effective interest rate method.
② Financial assets measured at fair value with changes included in other comprehensive income. The business model for managing such financial assets aims at both collecting contractual cash flows and selling the financial assets, and the contractual cash flow characteristics of such financial assets are consistent with the basic lending arrangements. This type of financial assets is subsequently measured at fair value, and its changes are included in other comprehensive income, but interest income, impairment losses or gains and exchange gains and losses calculated according to the effective interest rate method are included in the current profit and loss.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
③ Measured at fair value and its changes are included in the current profit and loss. Financial assets held that are not divided into those measured at amortized cost and those measured at fair value and whose changes are included in other comprehensive income are measured at fair value, and the gains or losses (including interest and dividend income) generated are included in the current profit and loss. At initial recognition, a financial asset can be irrevocably designated as a financial asset at fair value through profit or loss if the accounting mismatch can be eliminated or reduced. This designation, once made, cannot be revoked.
For investments in non-trading equity instruments, the Company may irrevocably designate them as financial assets at fair value through other comprehensive income upon initial recognition. This designation is made on an individual investment basis and the underlying investment meets the definition of an equity instrument from the issuer's perspective. This type of financial assets is subsequently measured at fair value. Except for the dividends received (except for the recovery part of investment costs), which are included in the current profit and loss, other related gains and losses are included in other comprehensive income and are not subsequently transferred to the current profit and loss.
- Financial liabilities
Financial liabilities are classified as: upon initial recognition:
① Financial liabilities measured at fair value with changes included in current profits and losses. Such financial liabilities are subsequently measured at fair value, and the resulting gains or losses are included in the current profits and losses.
② Financial liabilities arising from the transfer of financial assets that do not meet the conditions for derecognition or continued involvement in the transferred financial assets.
③Financial liabilities measured at amortized cost. This type of financial liabilities is measured at amortized cost using the effective interest method.
(2) Recognition method of fair value of financial instruments
For financial instruments with an active market, their fair value is determined based on the quoted prices in the active market; if there is no active market, valuation techniques are used to determine their fair value. In limited circumstances, if there is insufficient recent information to determine fair value, or if there is a wide range of possible estimates of fair value, and the cost represents the best estimate of fair value within that range, the cost may represent an appropriate estimate of fair value within that range. The Company uses all information about the investee's performance and operations that becomes available after the initial recognition date to determine whether the cost represents fair value.
(3) Termination of recognition of financial instruments
If a financial asset meets one of the following conditions, it shall be derecognized: (1) The contractual right to receive cash flows from the financial asset terminates; (2) The financial asset has been transferred and meets the conditions for derecognition.
If the current obligation of a financial liability is discharged in whole or in part, the discharged portion shall be derecognised. If an existing liability is replaced by another financial liability with substantially different terms from the same creditor, or the terms of an existing liability are substantially modified, the existing financial liability will be derecognised and a new financial liability will be recognized at the same time. Buying and selling financial assets in a regular manner will be recognized and derecognized based on transaction date accounting.
Notes receivable
Accounts receivable
Accounts receivable financing
Other receivables
Determination method and accounting treatment method of expected credit losses of other receivables
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Contract assets
The Company presents the right to receive consideration for goods or services that have been transferred to the customer (and that right is dependent on factors other than the passage of time) as a contract asset.
The provision for impairment of contract assets refers to the method for determining expected credit losses in the note.
- Inventory
(1) Classification of inventory
Inventories refer to the finished products or commodities held by the company for sale in daily activities, products in progress during the production process, materials and supplies consumed in the production process or the provision of labor services, etc., mainly including raw materials, low-value consumables, products in progress, self-made semi-finished products, finished products (inventory goods), etc.
(2) Valuation method for issued inventory
When the inventory is shipped, the weighted average method is used to determine the actual cost of the shipment.
(3) Inventory inventory system
The inventory inventory system is a perpetual inventory system.
(4) Amortization method for low-value consumables and packaging materials
Low-value consumables and packaging are amortized using the one-time write-off method.
(5) Recognition standards and accrual methods for inventory depreciation provisions
On the balance sheet date, inventories are measured at the lower of cost and net realizable value, and inventory depreciation provisions are made based on individual inventory items. However, for inventories with large quantities and low unit prices, inventory depreciation provisions are made based on inventory categories. If the factors that previously caused the inventory value to be written down have disappeared, the inventory devaluation provision shall be reversed within the amount originally accrued.
When determining the net realizable value of inventories, it is based on the conclusive evidence obtained and the purpose of holding the inventories and the impact of events after the balance sheet date are also considered. For inventories that are directly used for sale, the net realizable value is determined by the estimated selling price of the inventory minus the estimated sales expenses and related taxes in the normal production and operation process; for inventories that need to be processed, the net realizable value is determined by the estimated selling price of the finished products less the estimated costs to be incurred upon completion, the estimated sales expenses and related taxes during the normal production and operation process.
Assets held for sale
Debt investment
Other debt investments
Long-term receivables
Long-term equity investment
(1) Determination of initial investment cost
For long-term equity investments obtained through a business merger, if it is a business merger under the same control, the share of the book value of the owner's equity of the merged party in the consolidated financial statements of the ultimate controlling party shall be used as the initial investment cost of the long-term equity investment on the merger date; for business mergers not under the same control, the initial investment cost shall be determined based on the purchase date.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
The merger cost is regarded as the initial investment cost of a long-term equity investment; for a long-term equity investment obtained by paying cash, the initial investment cost is the actual purchase price paid; for a long-term equity investment obtained by issuing equity securities, the initial investment cost is the fair value of the equity securities issued; for a long-term equity investment obtained through debt restructuring, its initial investment cost is determined in accordance with the relevant provisions of the Debt Reorganization Guidelines; for a long-term equity investment obtained by exchanging non-monetary assets, the initial investment cost is determined in accordance with the relevant provisions of the Non-monetary Asset Exchange Guidelines.
(2) Subsequent measurement and profit and loss recognition methods
The Company adopts the cost method to account for long-term equity investments that the Company can control over the invested entities, and adopts the equity method to account for long-term equity investments in associates and joint ventures. Equity investments in associates, part of which are held indirectly through venture capital institutions, mutual funds, trust companies or similar entities including investment-linked insurance funds, regardless of whether the above entities have a significant impact on this part of the investment, shall be handled in accordance with the relevant provisions of "Accounting Standards for Business Enterprises No. 22 - Recognition and Measurement of Financial Instruments", and the remaining part shall be accounted for using the equity method.
(3) Basis for determining joint control and significant influence on the invested unit
Having joint control over the investee means that activities that have a significant impact on the returns of an arrangement must be decided only with the unanimous consent of the participants sharing control rights, including the sale and purchase of goods or services, management of financial assets, purchase and disposal of assets, research and development activities, and financing activities; having a significant impact on the investee means having a significant impact when holding more than 20% to 50% of the voting capital of the investee. Or, although it is less than 20%, it has a significant influence when one of the following conditions is met: having representatives on the invested unit's board of directors or similar authority; participating in the policy-making process of the invested unit; sending management personnel to the invested unit; the invested unit relies on the technology or technical information of the investing company; and important transactions with the invested unit.
- Investment real estate
Investment real estate measurement model: cost method measurement
Depreciation or amortization method:
The company's investment real estate categories include leased land use rights, leased buildings, and land use rights held and prepared to be transferred after appreciation. Investment real estate is initially measured based on cost, and the cost model is used for subsequent measurement.
The leased buildings in the Company's investment real estate use the straight-line method to calculate depreciation, and the specific accounting policy is the same as that for fixed assets. The land use rights leased in investment real estate and the land use rights held and prepared for transfer after appreciation are amortized using the straight-line method. The specific accounting policies are the same as those for intangible assets.
- Fixed assets
(1) Confirmation conditions
Fixed assets refer to tangible assets held for the production of goods, provision of labor services, leasing or operation and management and with a useful life of more than one accounting year. It shall be recognized when the following conditions are met at the same time: the economic benefits related to the fixed asset are likely to flow into the enterprise; the cost of the fixed asset can be measured reliably.
(2) Depreciation method
Category Depreciation method Depreciation period Residual value rate Annual depreciation rate Houses and buildings Year-averaged method 20-40 2.38%-4.85% 2.38%-4.85%
Machinery and equipment Average age method 8-10 9.50%-12.13% 9.50%-12.13%
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report Transportation Equipment Average Age Method 5-10 9.50%-19.40% 9.50%-19.40% Other Equipment Average Age Method 3-8 11.88%-32.33% 11.88%-32.33%
- Projects under construction
The Company's projects under construction are mainly self-operated and outsourced. The standard and time point for the transfer of projects under construction into fixed assets shall be based on the fact that the projects under construction have reached the intended usable state. The criteria for judging the intended usable state should meet one of the following conditions: the physical construction (including installation) of the fixed assets has been completed or substantially completed; trial production or trial operation has been carried out, and the results show that the asset can operate normally or can stably produce qualified products, or the trial operation results show that it can operate normally or do business; the amount of expenditure on the fixed assets constructed is very small or almost no longer occurs; the fixed assets purchased and constructed have met the design or contract requirements, or are basically consistent with the design or contract requirements.
- Borrowing costs
(1) Recognition principles for capitalization of borrowing costs
If the borrowing costs incurred by the company can be directly attributed to the acquisition, construction or production of assets that meet the capitalization conditions, they will be capitalized and included in the cost of the relevant assets; other borrowing costs will be recognized as expenses based on the amount incurred when they are incurred and included in the current profits and losses. Assets that meet the conditions for capitalization refer to fixed assets, investment real estate, inventories and other assets that require a considerable period of acquisition, construction or production activities to reach the intended usable or salable state.
(2) Calculation method of capitalization amount
The capitalization period refers to the period from the point when capitalization of borrowing costs begins to the point when capitalization stops. The period during which capitalization of borrowing costs is suspended is not included. If an abnormal interruption occurs during the purchase, construction or production process and the interruption lasts for more than 3 months, the capitalization of borrowing costs shall be suspended.
Borrowing of special borrowings shall be determined based on the actual interest expense incurred on the special borrowings in the current period, minus the interest income obtained from depositing unused borrowed funds in the bank or the investment income obtained from temporary investments; the amount of general borrowings shall be determined based on the excess of accumulated asset expenditures over the special borrowings. The weighted average of asset expenditures is calculated and determined by multiplying the capitalization rate of the general borrowings occupied, and the capitalization rate is the weighted average interest rate of the general borrowings; if there is a discount or premium on the borrowing, the amount of discount or premium that should be amortized in each accounting period is determined according to the actual interest rate method, and the interest amount of each period is adjusted.
The effective interest rate method is a method of calculating the amortized discount or premium or interest expense based on the actual interest rate of the borrowed money. The actual interest rate is the future cash flow of the loan during the expected duration, and is the interest rate used to discount the current book value of the loan.
Biological assets
Oil and gas assets
Intangible assets
(1) Useful life and its determination basis, estimation, amortization method or review procedure
The company analyzes and determines the useful life of intangible assets when they acquire them. For intangible assets with limited service life, they are amortized within the period expected to bring economic benefits to the enterprise. At the end of the year, the service life and amortization method of the intangible assets are reviewed. If there are differences with the original estimates, corresponding adjustments are made. If it is not foreseeable that the asset will bring economic benefits to the enterprise, it will be determined as an intangible asset with an indefinite useful life and will not be amortized. However, at the end of the year, the useful life will be reviewed. When there is conclusive evidence that its useful life is limited, its useful life will be estimated. At the end of each year, intangible assets with indefinite service life are
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
The review of service life mainly adopts a bottom-up approach, with the relevant departments for the use of intangible assets conducting basic reviews to evaluate whether there are changes in the basis for determining the uncertainty of service life, etc.
(2) Scope of aggregation of R&D expenditures and related accounting treatment methods
The scope of the company's R&D expenditures is mainly determined based on the company's research and development projects, and mainly includes R&D personnel salary, direct investment costs, depreciation expenses and long-term prepaid expenses, design expenses, equipment commissioning expenses, intangible asset amortization expenses, entrusted external research and development expenses, other expenses, etc.
Expenditures in the research phase of internal research and development projects are included in the current profit and loss when incurred; expenditures in the development phase that meet the conditions for recognition as intangible assets are transferred to intangible assets accounting. Expenditures in the development stage are recognized as intangible assets if they meet the following conditions: (1) It is technically feasible to complete the intangible asset so that it can be used or sold; (2) There is the intention to complete the intangible asset and use or sell it; (3) The way in which the intangible asset generates economic benefits includes the ability to prove the use of the intangible asset to produce products. If the product exists in the market or the intangible asset itself has a market, and the intangible asset will be used internally, its usefulness can be proven; (4) It has sufficient technical, financial and other resource support to complete the development of the intangible asset, and has the ability to use or sell the intangible asset; (5) Expenditures attributable to the development stage of the intangible asset can be measured reliably.
Specific criteria for dividing the research phase and development phase of internal research and development projects: The planned investigation phase to obtain new technologies and knowledge should be determined as the research phase, which has the characteristics of planning and exploratory nature; before commercial production or use, the application of research results or other knowledge to a plan or design to produce new or substantially improved materials, devices, products, etc., should be determined as the development phase. This phase has the characteristics of being targeted and having a greater possibility of achieving results.
The company needs to comply with the disclosure requirements of "Medical Device Business" in the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 4 - GEM Industry Information Disclosure"
- Impairment of long-term assets
If there are signs of impairment on the balance sheet date for long-term equity investments, investment real estate, fixed assets, projects under construction, right-of-use assets measured using the cost model, productive biological assets measured using the cost model, oil and gas assets, intangible assets and other long-term assets on the balance sheet date, an impairment test is conducted. If the impairment test results show that the recoverable amount of the asset is lower than its book value, impairment provisions will be made based on the difference and included in the impairment loss.
The recoverable amount is the higher of the asset's fair value less disposal costs and the present value of the asset's expected future cash flows. Asset impairment provisions are calculated and recognized on the basis of individual assets. If it is difficult to estimate the recoverable amount of an individual asset, the recoverable amount of the asset group to which the asset belongs is determined. An asset group is the smallest combination of assets that can independently generate cash inflows.
Goodwill that is presented separately in the financial statements shall be tested for impairment at least annually, regardless of whether there is any indication of impairment. During impairment testing, the book value of goodwill is allocated to asset groups or combinations of asset groups that are expected to benefit from the synergies of a business combination. If the test results indicate that the recoverable amount of an asset group or combination of asset groups containing amortized goodwill is lower than its book value, the corresponding impairment loss will be recognized. The amount of impairment loss first deducts the book value of the goodwill allocated to the asset group or asset group combination, and then deducts the book value of other assets in proportion to the proportion of the book value of other assets in the asset group or asset group combination except goodwill.
Once the above-mentioned asset impairment losses are recognized, the portion whose value has been restored will not be reversed in subsequent periods.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Long-term deferred expenses
The company's long-term deferred expenses refer to various expenses that have been incurred but have a benefit period of more than one year (excluding one year). Long-term deferred expenses are amortized in installments according to the benefit period of the expense item. If a long-term deferred expense item cannot benefit future accounting periods, all the amortized value of the item that has not yet been amortized will be transferred to the current profit and loss.
- Contract liabilities
The Company lists the obligation to transfer goods or provide services to customers for consideration received or receivable from customers as contract liabilities, and contract assets and contract liabilities under the same contract are presented as a net amount.
- Employee compensation
(1) Accounting treatment method for short-term compensation
During the accounting period when employees provide services to the company, actual short-term remuneration is recognized as a liability and included in the current profit and loss, except where the accounting standards for enterprises require or allow it to be included in the cost of assets. The employee welfare expenses incurred by the company are included in the current profit and loss or related asset costs according to the actual amount when they are actually incurred. If employee benefits are non-monetary benefits, they are measured at fair value. The company pays social insurance premiums such as medical insurance premiums, work-related injury insurance premiums, maternity insurance premiums, and housing provident funds for its employees, as well as labor union funds and employee education funds withdrawn in accordance with regulations. During the accounting period when employees provide services, the corresponding amount of employee compensation is calculated and determined based on the prescribed accrual basis and accrual ratio, and the corresponding liabilities are recognized and included in the current profit and loss or related asset costs.
(2) Accounting treatment of post-employment benefits
During the accounting period when employees provide services, the company recognizes the deposit amount payable based on the defined contribution plan as a liability and includes it in the current profit and loss or related asset costs. The welfare obligations generated by the defined benefit plan are attributed to the period in which employees provide services based on the formula determined by the expected cumulative welfare unit method, and are included in the current profit and loss or related asset costs.
(3) Accounting treatment method for dismissal benefits
When the company provides dismissal benefits to employees, the employee compensation liabilities arising from the dismissal benefits are recognized at the earliest of the following two times and included in the current profit and loss: when the company cannot unilaterally withdraw the dismissal benefits provided due to the termination of labor relations plan or layoff proposal; when the company recognizes the costs or expenses related to the restructuring involving the payment of dismissal benefits.
(4) Accounting treatment methods for other long-term employee benefits
Other long-term employee benefits provided by the company to employees that meet the conditions of the defined contribution plan shall be handled in accordance with the relevant provisions of the defined contribution plan; in addition, other long-term employee benefits net liabilities or net assets shall be recognized and measured in accordance with the relevant provisions of the defined benefit plan.
- Estimated liabilities
When the obligation related to a contingency is a current obligation borne by the company, and the performance of the obligation is likely to result in an outflow of economic benefits, and the amount can be reliably measured, the obligation is recognized as a provisional liability. The company makes initial measurement based on the best estimate of the expenditures required to fulfill relevant current obligations. If the required expenditures exist in a continuous range, and the possibility of various outcomes within the range is the same, the best estimate is determined based on the middle value within the range; if multiple projects are involved, the best estimate is determined based on various possible outcomes and related probabilities.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
The book value of estimated liabilities should be reviewed on the balance sheet date. If there is conclusive evidence that the book value cannot truly reflect the current best estimate, the book value should be adjusted based on the current best estimate.
- Share-based payment
The Company's share-based payment includes equity-settled share-based payment and cash-settled share-based payment. If equity-settled share-based payment is exchanged for services provided by employees, it shall be measured at the fair value of the equity instruments granted to employees. If there is an active market, it will be determined based on the quoted price in the active market; if there is no active market, it will be determined using valuation techniques, including referring to prices used in recent market transactions by parties who are familiar with the situation and voluntarily transacting, referring to the current fair value of other financial instruments that are substantially the same, discounted cash flow methods and option pricing models, etc.
On each balance sheet date, the number of stock options expected to be exercisable is revised based on the latest changes in the number of exercisable persons, the completion of performance indicators and other subsequent information, and the expenses to be allocated in each period are confirmed based on this basis. For option expenses that span multiple accounting periods, the expense can generally be amortized based on the proportion of the length of the waiting period of the option in a certain accounting period to the length of the entire waiting period.
Preferred shares, perpetual bonds and other financial instruments
Income
(1) Disclose the accounting policies adopted for revenue recognition and measurement according to business type
When the company fulfills its performance obligations in the contract, that is, when the customer obtains control of the relevant goods or services, revenue is recognized based on the transaction price allocated to the performance obligation. Obtaining control over relevant goods means being able to direct the use of the goods and obtain almost all economic benefits from them. Performance obligations refer to the company's commitment in the contract to transfer clearly distinguishable goods to the customer. The transaction price refers to the amount of consideration that the Company expects to be entitled to receive for transferring goods to customers, excluding amounts collected on behalf of third parties and amounts that the Company expects to return to customers.
Whether the performance obligation is performed within a certain period of time or at a certain point in time depends on the terms of the contract and relevant legal provisions. If the performance obligation is performed within a certain period of time, the Company recognizes revenue based on the performance progress. Otherwise, the Company recognizes revenue at a point when the customer obtains control of the relevant assets.
The company determines whether the company is the principal responsible person or agent when engaging in transactions based on whether it has control over the goods or services before transferring them to the customer. If the company is able to control the goods or services before transferring them to the customer, the company is the principal responsible person and recognizes revenue based on the total consideration received or receivable; otherwise, the company acts as the agent and recognizes revenue based on the amount of commissions or fees that it is expected to be entitled to receive. The amount is determined based on the net amount of the total consideration received or receivable after deducting the price payable to other related parties, or based on the established commission amount or ratio.
(2) Similar business uses different business models involving different revenue recognition methods and measurement methods
The company's operating income mainly includes control systems, product sales, and technical services. The specific policies and methods for revenue recognition are as follows:
The control system business between the Company and its customers usually includes multiple commitments such as delivery of goods, on-site installation, commissioning and acceptance. Since equipment delivery and installation and commissioning services cannot be distinguished separately, the Company determines equipment delivery and installation and commissioning services as a performance obligation, and recognizes the revenue from this single performance obligation when the customer's acceptance is completed.
Product sales between the Company and its customers generally involve the transfer of performance obligations only for the delivery of goods. The company transports the goods to the delivery location specified in the contract, and recognizes revenue after the customer signs for receipt.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
The technical service business between the company and its customers usually includes the provision of technical services and debugging and acceptance. The company recognizes technical service revenue when the customer's acceptance is completed.
(3) Contract changes
When the equipment sales contract between the company and the customer is changed:
If the contract change adds clearly distinguishable equipment sales, installation services and contract prices, and the new contract price reflects the separate selling price of the new equipment sales and installation services, the company will account for the contract change as a separate contract;
If the contract change does not fall into the first situation above, and the equipment sales and installation services that have been transferred can be clearly distinguished from the equipment sales and installation services that have not been transferred on the contract change date, the company will treat it as the termination of the original contract, and at the same time, the unperformed part of the original contract and the contract change part will be combined into a new contract for accounting treatment;
If the contract change does not fall into the first situation above, and the equipment sales and installation services that have been transferred and the construction services that have not been transferred cannot be clearly distinguished on the contract change date, the company will account for the contract change as an integral part of the original contract, and the resulting impact on the recognized revenue will be adjusted to the current revenue on the contract change date.
- Contract costs
Contract costs include incremental costs incurred to obtain the contract and contract performance costs. The incremental costs incurred to obtain a contract ("contract acquisition costs") are costs that would not have been incurred had the contract not been obtained. If the cost is expected to be recovered, the company will recognize it as the contract acquisition cost and as an asset.
Costs incurred to fulfill the contract, which do not fall within the scope of inventory and other accounting standards for enterprises and meet the following conditions, are recognized as contract performance costs as an asset: the cost is directly related to a current or expected contract, including direct labor, direct materials, manufacturing expenses (or similar expenses), costs clearly borne by the user, and other costs incurred solely because of the contract; the cost increases the resources used to perform performance obligations in the future; the cost is expected to be recovered.
The company will recognize the contract performance costs as assets. If the amortization period does not exceed one year or one normal operating cycle at the time of initial recognition, it will be included in the "inventory" item in the balance sheet; if the amortization period is more than one year or one normal operating cycle at the time of initial recognition, it will be included in the "other non-current assets" item in the balance sheet. The company will recognize the contract acquisition costs as assets. If the amortization period does not exceed one year or one normal operating cycle at the time of initial recognition, it will be included in the "other current assets" item in the balance sheet; if the amortization period is more than one year or one normal operating cycle at the time of initial recognition, it will be included in the "other non-current assets" item in the balance sheet.
The Company amortizes the assets recognized as contract acquisition costs and contract performance costs on the same basis as the recognition of commodity revenue related to the assets, and includes them in the current profit and loss. If the amortization period of the assets formed by the incremental cost of acquiring the contract does not exceed one year, it shall be included in the current profit and loss when incurred.
When the book value of assets related to contract costs is higher than the difference between the following two items, the company will make provision for impairment and recognize the excess as asset impairment losses: the remaining consideration expected to be obtained from the transfer of the goods related to the asset; the estimated cost to be incurred for the transfer of the related goods.
If the factors of impairment in the previous period subsequently change, causing the difference between the two aforementioned items to be higher than the book value of the asset, the asset impairment provision that has been originally accrued should be reversed and included in the current profit and loss, but the book value of the asset after reversal shall not exceed the book value of the asset on the date of reversal if no impairment provision is made.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Government subsidies
(1) Types and accounting treatment of government subsidies
Government subsidies refer to the monetary assets or non-monetary assets that the company obtains from the government for free (but does not include the capital invested by the government as the owner). If government subsidies are monetary assets, they shall be measured according to the amount received or receivable. If the government subsidy is a non-monetary asset, it shall be measured at fair value; if the fair value cannot be obtained reliably, it shall be measured at the nominal amount.
Government subsidies related to daily activities shall be included in other income according to the economic and business essence. Government subsidies unrelated to daily activities are included in non-operating income.
Government documents that clearly stipulate that government subsidies are used to purchase, construct or otherwise form long-term assets are recognized as asset-related government subsidies. If the government documents do not clearly stipulate the subsidy objects, and if they can form long-term assets, the part of the government subsidy corresponding to the asset value shall be regarded as the government subsidy related to the assets, and the remaining part shall be regarded as the government subsidy related to the income; if it is difficult to distinguish, the entire government subsidy shall be regarded as the government subsidy related to the income. Government subsidies related to assets are recognized as deferred income. The amount recognized as deferred income will be included in the current profit and loss in installments according to a reasonable and systematic method within the useful life of the relevant assets.
Government subsidies other than those related to assets are recognized as government subsidies related to income. If the income-related government subsidies are used to compensate the enterprise for relevant expenses or losses in the future period, they are recognized as deferred income, and are included in the current profit and loss during the period when the relevant expenses are recognized; if they are used to compensate the enterprise for the relevant expenses or losses that have already occurred, they are directly included in the current profits and losses.
The company obtains policy-based preferential loan interest discounts, and the finance department allocates interest-rate discount funds to the lending bank. If the lending bank provides loans to the company at policy-based preferential interest rates, the actual loan amount received is used as the entry value of the loan, and the relevant borrowing costs are calculated based on the loan principal and the policy-based preferential interest rate; if the finance department directly allocates interest discount funds to the company, the company will offset the corresponding interest rate discounts against related borrowing costs.
(2) Time point for confirmation of government subsidy
Government subsidies are recognized when the conditions attached to the government subsidies are met and can be received. Government subsidies measured according to the amount receivable shall be recognized at the end of the period when there is conclusive evidence that the relevant conditions stipulated in the financial support policy can be met and the financial support funds are expected to be received. Government subsidies other than those measured according to the amount receivable shall be recognized when the subsidy is actually received.
- Deferred income tax assets/deferred income tax liabilities
(1) Recognition of deferred income tax
Based on the difference between the book value of assets and liabilities and their tax basis (if the tax basis of items not recognized as assets and liabilities can be determined in accordance with tax laws, the tax basis is determined as the difference), deferred income tax assets or deferred income tax liabilities are calculated and recognized according to the applicable tax rate during the period when the asset is expected to be recovered or the liability is settled.
(2) Measurement of deferred income tax
Deferred income tax assets are recognized to the extent that it is probable that taxable income will be available against which the deductible temporary differences can be utilised. On the balance sheet date, if there is conclusive evidence that sufficient taxable income is likely to be obtained in the future period to offset the deductible temporary differences, deferred income tax assets that have not been recognized in previous accounting periods will be recognized. If it is likely that sufficient taxable income will not be available in the future to offset the deferred income tax assets, the book value of the deferred income tax assets will be reduced.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Deferred income tax liabilities are recognized for taxable temporary differences related to investments in subsidiaries and associates, unless the company is able to control the timing of the reversal of the temporary difference and it is probable that the temporary difference will not be reversed in the foreseeable future. For deductible temporary differences related to investments in subsidiaries and associates, deferred income tax assets are recognized when the temporary differences are likely to be reversed in the foreseeable future and it is likely to be taxable income that can be used to offset the deductible temporary differences in the future.
(3) Basis for net offset of deferred income tax
When the following conditions are met at the same time, the company will present the deferred income tax assets and deferred income tax liabilities as the net amount after offsetting: it has the legal right to settle the current income tax assets and current income tax liabilities on a net basis; the deferred income tax assets and deferred income tax liabilities are for the same taxpayer with the same tax collection department. It is related to the income tax levied by the entity or to different taxable entities, but in the future during each period when important deferred income tax assets and deferred income tax liabilities are reversed, the taxable entity involved intends to settle the current income tax assets and current income tax liabilities with a net amount or to obtain assets and pay off debts at the same time.
- Leasing
(1) Accounting treatment method for leasing as lessee
On the start date of the lease period, the Company recognizes right-of-use assets and lease liabilities for leases other than short-term leases and low-value asset leases, and recognizes depreciation expenses and interest expenses respectively during the lease period.
- Right-of-use assets
On the commencement date of the lease term, the right-of-use asset is initially measured at cost. This cost includes the initial measurement amount of the lease liability, the amount of lease payments net of lease incentives paid on or before the lease commencement date, initial direct costs, etc.
If it is reasonably certain that the ownership of the leased asset will be obtained at the expiration of the lease term, depreciation will be accrued over the estimated remaining useful life of the leased asset; if it cannot be reasonably determined, depreciation will be accrued during the shorter of the lease term and the remaining useful life of the leased asset. When the recoverable amount is lower than the book value of the right-of-use asset, its book value is written down to the recoverable amount.
- Lease liabilities
Lease liabilities are initially measured based on the present value of the unpaid lease payments at the beginning of the lease term. Lease payments include fixed payments and amounts payable when it is reasonably certain that the option to purchase or the option to terminate the lease will be exercised. Variable lease payments that are not included in the measurement of lease liabilities are included in the current profit and loss when actually incurred.
The company uses the interest rate implicit in the lease as the discount rate; if the interest rate implicit in the lease cannot be reasonably determined, the company's incremental borrowing rate is used as the discount rate. The interest expense of the lease liability in each period during the lease term is calculated based on a fixed periodic interest rate, that is, the discount rate adopted by the Company or the revised discount rate, and is included in financial expenses.
- As a lessee, the judgment basis and accounting treatment method for simplified treatment of short-term leases and low-value asset leases
For short-term leases with a lease period of no more than 12 months, and leases with a low value when a single asset is new, the company chooses not to recognize right-of-use assets and lease liabilities, and the relevant rental expenses will be included in the current profit and loss or related asset costs on a straight-line basis in each period during the lease term.
(2) Accounting treatment method for leasing as lessor
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
On the lease commencement date, the Company recognizes leases that substantially transfer almost all risks and rewards related to the ownership of the leased assets as finance leases, and other leases as operating leases.
- Accounting treatment of operating leases
Rental income from operating leases is recognized on a straight-line basis over the lease term. The initial direct costs are capitalized and included in the current income in installments during the lease term on the same recognition basis as rental income. Variable rent that is not included in the lease receipts is included in rental income when it is actually incurred.
- Accounting treatment of financial lease
On the start date of the lease, the difference between the sum of the finance lease receivable, the unguaranteed residual value and its present value is recognized as unrealized financing income, and is recognized as lease income in each period when rent is received in the future, and the financial lease assets are derecognized. Initial direct costs are included in the initial recording value of finance lease receivables.
- Other important accounting policies and accounting estimates
(1) Changes in important accounting policies
During the reporting period, the company had no significant changes in accounting estimates.
(2) Changes in important accounting estimates
During the reporting period, the company had no significant changes in accounting estimates.
- Changes in important accounting policies and accounting estimates
(1) Changes in important accounting policies
□ApplicableNot applicable
(2) Changes in important accounting estimates
□ApplicableNot applicable
(3) Adjustments to relevant items in the financial statements at the beginning of the year when the new accounting standards are implemented for the first time in 2026.
□ApplicableNot applicable
- Others
6. Taxes
- Main tax types and tax rates
Tax type Tax calculation basis Rate value-added tax Taxable income 13%, 9%, 6%, 5%, 3% Urban maintenance and construction tax Amount of turnover tax payable 5%, 7%
Corporate income tax Taxable income 15%, 20%, 25%, 27.6% If there are taxpayers with different corporate income tax rates, the disclosure information is as follows:
Name of tax payer Income tax rate
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Beijing Chengyitong Control Technology Group Co., Ltd. 15%
Beijing Chengyitong Technology Co., Ltd. 15%
Beijing Oriental Chengyitong Technology Co., Ltd. 15%
Yancheng Chengyitong Machinery Manufacturing Co., Ltd. 15%
Beijing Chengyitong Borihong Intelligent Equipment Technology Co., Ltd. 15%
Guangzhou Longzhijie Technology Group Co., Ltd. (former name: Guangzhou Longzhijie Technology Co., Ltd.) 15%
Guangzhou Longzhijie Medical Technology Co., Ltd. 15%
Guangzhou Shirui Medical Technology Co., Ltd. 15%
Changshalong Zhijie Technology Co., Ltd. 15%
Guangzhou Zhanghe Intelligent Technology Co., Ltd. 15%
Guangzhou Shirui Health Technology Co., Ltd. 20%
CHIEFTAINAMERICAINC 27.6% (overseas companies implement tax-related policies of the country (region) where they are located)
- Tax incentives
(1) Value-added tax
In accordance with the relevant spirit of the "Notice of the State Council on Issuing Several Policies to Further Encourage the Development of the Software Industry and the Integrated Circuit Industry" (Guofa [2011] No. 4) and the "Notice of the Ministry of Finance and the State Administration of Taxation on Value-Added Tax Policies for Software Products" (Caishui [2011] No. 100), when the company sells its self-developed and produced software products, the part of the actual VAT tax burden exceeding 3% will be refunded upon collection. The company and its subsidiaries Beijing Chengyitong Technology Co., Ltd., Beijing Chengyitong Borihong Intelligent Equipment Technology Co., Ltd., Beijing Ouslai Software Co., Ltd., Beijing Oriental Chengyitong Technology Co., Ltd., Guangzhou Longzhijie Technology Group Co., Ltd. (formerly known as: Guangzhou Longzhijie Technology Co., Ltd.), Guangzhou Longzhijie Medical Technology Co., Ltd., Guangzhou Zhanghe Intelligent Technology Co., Ltd., and Guangzhou Shirui Medical Technology Co., Ltd. enjoy this value-added tax preferential policy for sales of software products.
According to the "Announcement of the Ministry of Finance and the State Administration of Taxation on the Additional VAT Deduction Policy for Advanced Manufacturing Enterprises" (Announcement No. 43 of 2023), from January 1, 2023 to December 31, 2027, advanced manufacturing enterprises are allowed to deduct an additional 5% of the deductible input tax for the current period to deduct the value-added tax payable.
(2) Corporate income tax
The company and its subsidiaries Beijing Chengyitong Technology Co., Ltd., Beijing Chengyitong Borihong Intelligent Equipment Technology Co., Ltd., Beijing Dongfang Chengyitong Technology Co., Ltd., Yancheng Chengyitong Machinery Manufacturing Co., Ltd., and Guangzhou Longzhijie Technology Group Co., Ltd. (formerly known as: Guangzhou Longzhijie Technology Co., Ltd. Company), Guangzhou Longzhijie Medical Technology Co., Ltd., Guangzhou Shirui Medical Technology Co., Ltd., Changshalong Zhijie Technology Co., Ltd., and Guangzhou Zhanghe Intelligent Technology Co., Ltd. are recognized high-tech enterprises and enjoy high-tech enterprise income tax preferential treatment and are levied corporate income tax at a rate of 15%.
(3) Other taxes and fees
According to the "Announcement of the Ministry of Finance and the State Administration of Taxation on Tax Policies to Further Support the Development of Small and Micro Enterprises and Individual Industrial and Commercial Households" (Announcement No. 12, 2023), from January 1, 2023 to December 31, 2027, small-scale VAT taxpayers will Taxpayers, small low-profit enterprises and individual industrial and commercial households will be levied half of the resource tax (excluding water resources tax), urban maintenance and construction tax, real estate tax, urban land use tax, stamp tax (excluding securities transaction stamp tax), cultivated land occupation tax and education surcharge, and local education surcharge.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Others
7. Notes on Consolidated Financial Statement Items
- Monetary funds
Unit: Yuan Item Ending balance Beginning balance
Cash on hand 105,980.37 93,847.83 Bank deposits 63,985,126.63 240,989,822.13 Other monetary funds 26,574,162.96 14,260,615.67 Total 90,665,269.96 255,344,285.63 Of which: total amount deposited abroad 27,303.33 32,343.77
- Trading financial assets
Unit: Yuan Item Ending balance Beginning balance
- Derivative financial assets
Unit: Yuan Item Ending balance Beginning balance
- Notes receivable
(1) Classified presentation of notes receivable
Unit: Yuan Item Ending balance Beginning balance
(2) Classified disclosure according to bad debt accrual method
Unit: Yuan Ending balance Beginning balance
Book balance Provision for bad debts Book balance Provision for bad debts
Category Book price Book price provision ratio Provision ratio
Amount Ratio Amount Value Amount Ratio Amount Value
Example Example
Among them:
If bad debt provisions for notes receivable are made according to the general expected credit loss model:
□ApplicableNot applicable
(3) Bad debt provisions accrued, recovered or reversed in the current period
Bad debt provisions for the current period:
Unit: Yuan Amount of changes in the current period
Category Opening balance Ending balance Provision Recovery or transfer Write-off Others
Among them, the amount of recovery or reversal of bad debt provisions for the current period is important:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
□ApplicableNot applicable
(4) The company’s pledged notes receivable at the end of the period
Unit: Yuan Project Amount pledged at the end of the period
(5) Notes receivable that have been endorsed or discounted by the company at the end of the period and have not yet matured on the balance sheet date
Unit: Yuan Item Amount derecognized at the end of the period Amount not derecognized at the end of the period
(6) Notes receivable actually written off in the current period
Unit: Yuan
Item Write-off Amount
Among them, the important write-off of bills receivable:
Unit: Yuan Unit name Nature of notes receivable Amount written off Reason for write-off Written-off procedures performed Whether the amount is generated by related transactions
- Accounts receivable
(1) Disclosure based on aging
Unit: Yuan
Aging Book balance at the end of the period Book balance at the beginning of the period
Within 1 year (including 1 year) 158,487,864.90 153,766,449.60 1 to 2 years 141,957,270.87 222,201,108.13 2 to 3 years 206,245,713.60 180,719,134.44 More than 3 years 147,267,695.28 132,073,304.18 3 to 4 years 67,441,182.37 51,011,538.20 4 to 5 years 26,000,538.87 35,097,701.19
More than 5 years 53,825,974.04 45,964,064.79 Total 653,958,544.65 688,759,996.35
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report (2) Disclosure by Classification by Bad Debt Provision Method
Unit: Yuan Ending balance Beginning balance
Category Book balance Bad debt provision Book balance Bad debt provision
book value book value
Amount Proportion Amount Provision proportion Amount Proportion Amount Provision proportion
Bad provision based on individual items
Accounts receivable 12,800,444.03 1.96% 12,800,444.03 100.00% 0.00 13,537,674.03 1.97% 13,537,674.03 100.00% 0.00 Accounts
Among them:
Bad provision based on combination
Account provisions receivable 641,158,100.62 98.04% 105,464,465.64 16.45% 535,693,634.98 675,222,322.32 98.03% 151,946,663.73 22.50% 523,275,658.59 account
Among them:
Combination 1: Aging
641,158,100.62 98.04% 105,464,465.64 16.45% 535,693,634.98 675,222,322.32 98.03% 151,946,663.73 22.50% 523,275,658.59 combination
Total 653,958,544.65 100.00% 118,264,909.67 18.08% 535,693,634.98 688,759,996.35 100.00% 165,484,337.76 24.03% 523,275,658.59 Category name of bad debt provision for individual items:
Unit: Yuan Beginning balance Ending balance
Name
Book balance Bad debt provision Book balance Bad debt provision Provision ratio Reason for provision Individual provision for bad debts Customer 1 3,787,273.60 3,787,273.60 3,787,273.60 3,787,273.60 100.00% It is expected that the individual provision for bad debts cannot be recovered Customer 2 3,290,996.77 3,290,996.77 3,290,996.77 3,290,996.77 100.00% It is expected that the individual provision for bad debts cannot be recovered from customer 3 2,520,161.90 2,520,161.90 2,520,161.90 2,520,161.90 100.00% Expected to be unable to collect individual provision for bad debts Customer 4 2,487,699.76 2,487,699.76 2,487,699.76 2,487,699.76 100.00% Expected to be unable to recover Summary of other units 1,451,542.00 1,451,542.00 714,312.00 714,312.00 100.00% Total expected to be unrecoverable 13,537,674.03 13,537,674.03 12,800,444.03 12,800,444.03
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Category names of bad debt provisions accrued by portfolio:
Unit: Yuan ending balance
Name
Book balance Bad debt provision Provision ratio
Within 1 year 158,487,864.92 5,372,738.79 3.39% 1 to 2 years 141,957,270.87 10,746,165.60 7.57% 2 to 3 years 206,245,713.60 25,471,345.83 12.35% 3 to 4 years 67,441,182.37 13,818,698.28 20.49% 4 to 5 years 26,000,538.87 9,029,987.15 34.73% More than 5 years 41,025,529.99 41,025,529.99 100.00% total 641,158,100.62 105,464,465.64
If bad debt provisions for accounts receivable are made according to the general expected credit loss model:
□ApplicableNot applicable
(3) Bad debt provisions accrued, recovered or reversed in the current period
Bad debt provisions for the current period:
Unit: Yuan Amount of changes in the current period
Category Beginning Balance Ending Balance
Provision Recovery or transfer Write-off Others
Bad debt provision for accounts receivable 165,484,337.76 -44,803,130.84 0.00 2,375,467.54 -40,829.71 118,264,909.67 Total 165,484,337.76 -44,803,130.84 0.00 2,375,467.54 -40,829.71 118,264,909.67 Among them, the amount of bad debt provision recovery or reversal in the current period is important:
Unit: Yuan Unit name Amount recovered or reversed Reason for reversal Method of recovery Basis and rationality for determining the proportion of original provision for bad debts
(4) Accounts receivable actually written off in the current period
Unit: Yuan
Item Write-off Amount
Actual write-off of accounts receivable 2,375,467.54 Among them, the important write-off of accounts receivable:
Unit: Yuan
Unit name Nature of accounts receivable Write-off amount Reason for write-off Performed write-off procedures Whether the amount is generated by related transactions Write-off customer 1 Payment for sales of goods 737,230.00 Unrecoverable Internal approval No
Write off customer 2’s sales amount 693,413.43 Unable to recover Internal approval No
Write off customer 3’s sales amount 479,400.00 Unable to recover Internal approval No
Total 1,910,043.43
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(5) Accounts receivable and contract assets of the top five closing balances collected by debtors
Unit: Yuan accounted for accounts receivable and combined accounts receivable, bad debts, quasi-accounts receivable at the end of the period, contract assets at the end of the period, accounts receivable and contract assets
Unit name Ending balance of the same assets Reserve and contract assets minus balance Balance at the end of the production period
Proportion of total amount Value preparation Closing balance No. 1 customer receivable 48,938,390.80 48,938,390.80 7.39% 6,034,633.45 No. 2 customer receivable 23,532,107.68 23,532,107.68 3.55% 1,781,380.55 The third largest customer receivable 20,897,123.95 20,897,123.95 3.15% 708,412.50 The fourth largest customer receivable 17,870,106.90 17,870,106.90 2.70% 1,148,607.53 The fifth largest customer receivable 17,601,218.18 184,598.75 17,785,816.93 2.68% 602,939.20Total 128,838,947.51 184,598.75 129,023,546.26 19.47% 10,275,973.23
- Contract assets
(1) Contract assets
Unit: Yuan Ending balance Beginning balance
Project
Book balance Bad debt provision Book value Book balance Bad debt provision Book value item warranty 8,480,805.45 287,499.31 8,193,306.14 7,003,193.60 406,185.23 6,597,008.37Total 8,480,805.45 287,499.31 8,193,306.14 7,003,193.60 406,185.23 6,597,008.37 (2) Amount and reasons for major changes in book value during the reporting period
Unit: Yuan Item Amount of change Reason for change
(3) Classified disclosure according to bad debt accrual method
Unit: Yuan Ending balance Beginning balance
Book balance Provision for bad debts Book balance Provision for bad debts
Category
Provision Book Value Provision Book Value Amount Proportion Amount Amount Proportion Amount
Proportion Proportion where:
Provision based on combination
8,480,805.45 100.00% 287,499.31 3.39% 8,193,306.14 7,003,193.60 100.00% 406,185.23 5.80% 6,597,008.37 Bad debt provision
Total 8,480,805.45 100.00% 287,499.31 3.39% 8,193,306.14 7,003,193.60 100.00% 406,185.23 5.80% 6,597,008.37 Number of bad debt provision categories by group: 0
Provision for bad debts based on the general expected credit loss model
□ApplicableNot applicable
(4) Bad debt provisions accrued, recovered or reversed in the current period
Unit: Yuan
Item Provision for the current period Recovered or reversed for the current period Write-off/write-off for the current period Reasons
Provision for impairment of contract assets -118,685.92
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Total -118,685.92——
Among them, the amount of recovery or reversal of bad debt provisions for the current period is important:
Unit: Yuan Determination of the original provision ratio for bad debts is based on the name of the unit, the amount recovered or reversed, the reason for the reverse, the method of recovery
evidence and its rationality
(5) Contract assets actually written off in the current period
Unit: yuan item write-off amount
Among them, the important write-off of contract assets
Unit: Whether the yuan amount is paid by the name of the related unit, nature of the amount, write-off amount, write-off reason, write-off procedures performed
transaction generated
Instructions for write-off of contract assets:
- Accounts receivable financing
(1) Classified presentation of financing receivables
Unit: Yuan Item Ending balance Beginning balance
Bank acceptance bill 5,387,604.93 3,924,231.15 Total 5,387,604.93 3,924,231.15 (2) Classified disclosure based on bad debt accrual method
Unit: Yuan Ending balance Beginning balance
Book balance Provision for bad debts Book balance Provision for bad debts
Category Book price Book price provision ratio Provision ratio
Amount Ratio Amount Value Amount Ratio Amount Value Example
Among them:
Provision for bad debts based on the general expected credit loss model
Unit: Yuan Phase 1 Phase 2 Phase 3
Bad debt provision Expected for the next 12 months Expected credit losses throughout the entire duration Expected credit losses throughout the duration Total credit losses (No credit impairment has occurred) (Credit impairment has occurred)
The balance on January 1, 2026 is in this period
Basis for division of each stage and provision ratio for bad debts
Explanation of significant changes in the book balance of accounts receivable financing that have experienced changes in loss provisions in the current period:
(3) Bad debt provisions accrued, recovered or reversed in the current period
Unit: Yuan Amount of changes in the current period
Category Opening balance Ending balance Provision Recovery or reversal Write-off or write-off Other changes
Among them, the amount of recovery or reversal of bad debt provisions for the current period is important:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Unit: Yuan Name of the unit that determines the original provision ratio for bad debts Recovery or reversal amount Reason for reversal Method of recovery
Basis and rationality
(4) Financing of the company’s pledged receivables at the end of the period
Unit: Yuan Project Amount pledged at the end of the period
(5) Financing of receivables that have been endorsed or discounted by the company at the end of the period and have not yet matured on the balance sheet date
Unit: Yuan Item Amount derecognized at the end of the period Amount not derecognized at the end of the period
Bank acceptance bill 222,606,037.22
Total 222,606,037.22
(6) Financing of receivables actually written off in the current period
Unit: yuan item write-off amount
Important financing write-offs of receivables
Unit: Yuan Unit name Nature of the payment Amount written off Reason for write-off Written-off procedures performed Instructions for writing-off whether the amount is generated by related transactions:
(7) Increases and decreases in receivables financing during the current period and changes in fair value
(8) Other instructions
- Other receivables
Unit: Yuan Item Ending balance Beginning balance
Interest receivable 0.00 Dividends receivable 0.00 Other receivables 22,174,967.86 27,915,858.90 Total 22,174,967.86 27,915,858.90 (1) Interest receivable
- Classification of interest receivable
Unit: Yuan Item Ending balance Beginning balance
Total 0.00 2) Important overdue interest
Unit: Yuan borrowing unit Ending balance Overdue time Reason for overdue Whether impairment has occurred and the basis for judgment
- Classified disclosure according to bad debt accrual method
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Bad debt provisions accrued, recovered or reversed in the current period
Unit: Yuan Amount of changes in the current period
Category Opening balance Ending balance Provision Recovery or reversal Write-off or write-off Other changes
Among them, the amount of recovery or reversal of bad debt provisions for the current period is important:
Unit: Yuan Name of the unit that determines the original bad debt provision accrual ratio Recovery or reversal amount Reason for reversal Method of recovery
The basis and rationality of
- Interest receivable actually written off in the current period
Unit: yuan item write-off amount
Among them, the important write-off of interest receivable
Unit: Yuan Unit name Nature of the payment Amount written off Reason for write-off Written-off procedures performed Whether the payment was generated by a related transaction
Write-off instructions:
Other notes:
(2) Dividends receivable
- Classification of dividends receivable
Unit: yuan project (or invested unit) Ending balance Beginning balance
Total 0.00 2) Important dividends receivable aged more than 1 year
Unit: Yuan Whether impairment occurs and the judgment item (or invested unit) Closing balance Aging Reason for non-recovery
Judgment basis
- Classified disclosure according to bad debt accrual method
□ApplicableNot applicable
- Bad debt provisions accrued, recovered or reversed in the current period
Unit: Yuan Amount of changes in the current period
Category Opening balance Ending balance Provision Recovery or reversal Write-off or write-off Other changes
Among them, the amount of recovery or reversal of bad debt provisions for the current period is important:
Unit: Yuan Determine the name of the original bad debt provision accrual unit, the amount recovered or reversed, the reason for the reverse, the method of recovery, the basis for the ratio and its rationality
Other notes:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Dividends receivable actually written off in the current period
Unit: Yuan
Item Write-off Amount
Among them, the important write-off of dividends receivable
Unit: Whether the yuan amount is paid by the name of the related unit, nature of the amount, write-off amount, write-off reason, write-off procedures performed
Instructions for writing off transactions:
Other notes:
(3) Other receivables
- Classification of other receivables according to nature of payment
Unit: Yuan
Nature of payment Book balance at the end of the period Book balance at the beginning of the period
Security deposits and deposits 13,538,008.16 14,152,595.20 Reserve funds 4,555,195.16 3,633,400.72 Tax refunds receivable 5,708,007.53 11,171,660.56 Other transactions 3,737,495.09 3,015,136.94 Less: Bad debt provision -5,363,738.08 -4,056,934.52 Total 22,174,967.86 27,915,858.90 2) Disclosure based on age
Unit: Yuan
Aging Book balance at the end of the period Book balance at the beginning of the period
Within 1 year (including 1 year) 13,991,579.64 21,669,406.22 1 to 2 years 7,685,491.67 6,417,344.61 2 to 3 years 2,232,200.21 750,889.13 More than 3 years 3,629,434.42 3,135,153.46 3 to 4 years 1,808,586.66 1,883,701.62 4 to 5 years 580,757.92 344,840.88
More than 5 years 1,240,089.84 906,610.96 Total 27,538,705.94 31,972,793.42
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report 3) Disclosure by classification according to bad debt accrual method
Applicable□Not applicable
Unit: Yuan Ending balance Beginning balance
Category Book balance Bad debt provision Book balance Bad debt provision
book value book value
Amount Proportion Amount Provision proportion Amount Proportion Amount Provision proportion
Among them:
Provision for bad debts by combination 27,538,705.94 100.00% 5,363,738.08 19.48% 22,174,967.86 31,972,793.42 100.00% 4,056,934.52 12.69% 27,915,858.90 Total 27,538,705.94 100.00% 5,363,738.08 19.48% 22,174,967.86 31,972,793.42 100.00% 4,056,934.52 12.69% 27,915,858.90 Provision for bad debts based on the general expected credit loss model:
Unit: Yuan Phase 1 Phase 2 Phase 3
Provision for bad debts Total
Expected credit losses for the next 12 months Expected credit losses for the entire duration (no credit impairment has occurred) Expected credit losses for the entire duration (credit impairment has occurred)
Balance on January 1, 2026 4,056,934.52 4,056,934.52 Balance on January 1, 2026 in the current period
Provision for the current period 1,308,214.01 1,308,214.01 Other changes -1,410.45 -1,410.45 Balance on June 30, 2026 5,363,738.08 5,363,738.08 Basis for division of each stage and provision ratio for bad debts
Changes in book balances with significant changes in loss provision during the period
□ApplicableNot applicable
- Bad debt provisions accrued, recovered or reversed in the current period
Bad debt provisions for the current period:
Unit: Yuan Amount of changes in the current period
Category Beginning Balance Ending Balance
Provision Recovery or transfer Write-off or write-off Others
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report Other receivables bad debt provisions 4,056,934.52 1,308,126.81 -1,410.45 5,363,738.08 Total 4,056,934.52 1,308,126.81 -1,410.45 5,363,738.08 Among them, the amount of bad debt provision reversed or recovered in the current period is important:
Unit: Yuan Unit name Amount recovered or reversed Reason for reversal Method of recovery Basis and rationality for determining the proportion of original provision for bad debts
- Other receivables actually written off in the current period
Unit: Yuan
Item Write-off Amount
Important write-offs of other receivables:
Unit: Yuan
Name of the unit Nature of other receivables Write-off amount Reason for write-off Write-off procedures performed Whether the amount is generated by related transactions Instructions for write-off of other receivables:
- Other receivables with top five closing balances collected by debtors
Unit: Yuan
Unit name Nature of payment Closing balance Aging Proportion to the total closing balance of other receivables Bad debt provision Closing balance No. 1 other receivable unit Tax refund receivable 3,782,318.22 Within 1 year - 1-2 years 13.73% 316,415.95 No. 2 other receivable customer Security deposit and deposit 1,694,000.00 1-2 years and 2-3 years 6.15% 439,087.20 The third largest other receivable customer, deposits and deposits 1,432,849.28 1-2 years 5.20% 267,942.80 The fourth largest other receivable customer, deposits and deposits 1,147,199.50 1-2 years 4.17% 214,526.31 The fifth largest other receivable customer Deposits and deposits 1,045,491.50 1-2 years and 3-4 years 3.80% 630,127.05 Total 9,101,858.50 33.05% 1,868,099.31
- Presented in other receivables due to centralized management of funds
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Advance payment
(1) Prepayments are listed based on aging
Unit: Yuan Ending balance Beginning balance
Aging
Amount Ratio Amount Ratio
Within 1 year 110,526,192.21 83.70% 50,062,452.93 78.11% 1 to 2 years 13,380,051.85 10.13% 5,574,655.77 8.70% 2 to 3 years 3,875,520.12 2.93% 1,255,270.60 1.96% More than 3 years 4,276,709.98 3.24% 7,197,752.93 11.23% Total 132,058,474.16 64,090,132.23
Explanation of the reasons why prepayments with an aging of more than 1 year and significant amounts are not settled in a timely manner:
(2) Prepayments of the top five ending balances by prepayment objects
Unit name Closing balance Proportion of total closing balance of prepayments (%) No. 1 prepayment supplier 30,000,000.00 22.72 No. 2 prepayment supplier 22,000,000.00 16.66 No. 3 prepayment supplier 6,349,383.00 4.81 No. 4 prepayment supplier 3,899,079.65 2.95 The fifth largest prepaid supplier 3,150,311.71 2.38 Total 65,398,774.36 49.52
- Inventory
Whether the company needs to comply with the real estate industry’s disclosure requirements
No
(1) Inventory classification
Unit: Yuan Ending balance Beginning balance
Provision for inventory decline Provision for inventory decline
Project
Book balance or contract performance costs Book value Book balance or contract performance costs Book value
This impairment provision This impairment provision
Raw materials 38,271,705.73 84,699.88 38,187,005.85 53,500,655.60 84,699.88 53,415,955.72 Products in progress 892,437,561.86 421,482,268.39 470,955,293.47 865,940,603.99 447,059,771.87 418,880,832.12 Inventory goods 203,227,527.82 53,395,858.10 149,831,669.72 194,448,844.10 71,523,266.30 122,925,577.80 Low-value consumables 2,038,362.34 0.00 2,038,362.34 1,163,249.75 1,163,249.75Total 1,135,975,157.75 474,962,826.37 661,012,331.38 1,115,053,353.44 518,667,738.05 596,385,615.39 (2) Data resources recognized as inventory
Unit: Data resources processed by Yuan itself Data obtained through other methods
Item Outsourced data resource inventory Total
Inventory Resource Inventory
- Book value at the beginning of the period 0.00
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(3) Provision for inventory depreciation and provision for impairment of contract performance costs
Unit: Yuan Increase amount in this period Decrease amount in this period
Item Beginning balance Closing balance
Provision Others Reversal or write-off Others
Raw materials 84,699.88 84,699.88 Work in progress 447,059,771.87 -163,490.56 0.00 25,414,012.92 421,482,268.39 Inventory goods 71,523,266.30 0.00 0.00 18,127,408.20 53,395,858.10 Total 518,667,738.05 -163,490.56 0.00 43,541,421.12 474,962,826.37 Inventory depreciation provisions are made on a group basis
Unit: End of Yuan period Beginning of period
Portfolio name Provision for price decline Provision for decline in price Closing balance of provision for decline in price Provision for decline in price Opening balance Provision for decline in price
Proportion Proportion The standard for accruing inventory depreciation provisions based on the combination
(4) Explanation that the closing balance of inventory includes the capitalized amount of borrowing costs
(5) Explanation of the amortization amount of contract performance costs for the current period
- Assets held for sale
Unit: Yuan Item Book balance at the end of the period Impairment provision Book value at the end of the period Fair value Estimated disposal costs Estimated disposal time
- Non-current assets due within one year
Unit: Yuan
Item Ending balance Beginning balance
Total 0.00 0.00 (1) Debt investments due within one year
□ApplicableNot applicable
(2) Other debt investments due within one year
□ApplicableNot applicable
- Other current assets
Unit: Yuan
Item Ending balance Beginning balance
Prepaid income tax 3,418,503.99 24,477,400.31 Value-added tax to be deducted 47,215,587.80 18,226,482.25 Total 50,634,091.79 42,703,882.56 Compensatory asset related information
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Debt investment
(1) Situation of debt investment
Unit: Yuan Ending balance Beginning balance
Project
Book balance Impairment provision Book value Book balance Impairment provision Total book value 0.00 Changes in debt investment impairment provision during the period
Unit: Yuan Item Beginning balance Increase in the current period Decrease in the current period Ending balance
(2) Important debt investments at the end of the period
Unit: Yuan Ending balance Beginning balance
claims
Coupon interest Actual interest Overdue principal Coupon interest Actual interest
Item Face Value Maturity Date Face Value Maturity Date Overdue Principal Rate Rate Gold Rate Rate
(3) Provision for impairment losses
Unit: Yuan Phase 1 Phase 2 Phase 3
Bad debt provisions Expected credit losses for the next 12 months Expected credit losses for the entire duration Expected credit losses for the entire duration (total losses (no credit impairment has occurred) Credit impairment has occurred)
The balance on January 1, 2026 is in this period
Basis for division of each stage and provision ratio for bad debts
(4) Debt investment actually written off in this period
Unit: yuan item write-off amount
Among them, the important write-off of debt investment
Debt investment write-off instructions:
Changes in book balances with significant changes in loss provision during the period
□ApplicableNot applicable
- Other debt investments
(1) Situation of other debt investments
Unit: yuan accumulated in other comprehensive
Accumulated fair provision items for the current period Opening balance Accrued interest Interest adjustment Closing balance Cost Recognized in combined income
Change in value Change in value Impairment provision for note
Total 0.00
Changes in impairment provisions for other debt investments during the current period
Unit: Yuan Item Beginning balance Increase in the current period Decrease in the current period Ending balance
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(2) Other important debt investments at the end of the period
Unit: Yuan Ending balance Beginning balance
Other debts
Coupon interest Actual interest Overdue capital Coupon interest Actual interest Overdue capital items Face value Maturity date Face value Maturity date
Rate Rate Gold Rate Rate Gold (3) Impairment provision accrual
Unit: Yuan Phase 1 Phase 2 Phase 3
Bad debt provision Expected credit losses in the next 12 months Expected credit losses throughout the entire duration Expected credit losses throughout the duration Total losses (no credit impairment has occurred) Loss (credit impairment has occurred)
The balance on January 1, 2026 is in this period
Basis for division of each stage and provision ratio for bad debts
(4) Other debt investments actually written off in the current period
Unit: yuan item write-off amount
Among them, the write-off of other important debt investments
Changes in book balances with significant changes in loss provision during the period
□ApplicableNot applicable
Other notes:
- Investment in other equity instruments
Unit: Yuan is designated as calculated in the current period. The fair value is included in the current period. Accumulated at the end of the period. Accumulated at the end of the period.
Included in other comprehensive measures in the current period and other comprehensive measures included in other comprehensive measures.
Item name Beginning balance Comprehensive income Loss on other comprehensive income
Profit income from other comprehensive losses Gains and losses from other comprehensive profits
source of income
Because
Beijing Jiuzubao Technology Co., Ltd.
597,500.00 2,402,500.00 597,500.00
Ltd.
Total 597,500.00 2,402,500.00 597,500.00
There is termination confirmation in this period
Unit: yuan Project name Accumulated gains transferred to retained earnings Accumulated losses transferred to retained earnings Reasons for derecognition
Disclosure of non-trading equity instrument investments in the current period by items
Unit: Yuan designated as fair
Other comprehensive income Dividend income measured in value and recognized in other comprehensive income
Project name Accumulated profits Accumulated losses Transfer to retained earnings Changes are included in other Transfer to retained earnings
The amount of comprehensive income is the reason for
Because
Other notes:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Long-term receivables
(1) Long-term receivables
Unit: Yuan Ending balance Beginning balance
Item Discount rate range Book balance Bad debt provision Book value Book balance Bad debt provision Book value
Performance bond 3,090,261.30 60,589.09 3,029,672.21 3,189,127.52 62,527.50 3,126,600.02
Total 3,090,261.30 60,589.09 3,029,672.21 3,189,127.52 62,527.50 3,126,600.02
(2) Classified disclosure according to bad debt accrual method
Unit: Yuan Ending balance Beginning balance
Book balance Provision for bad debts Book balance Provision for bad debts
Category
Provision Book value Provision ratio Book value amount Proportion Amount Amount Proportion Amount
Proportion example
Among them:
Provision based on combination
3,090,261.30 100.00% 60,589.09 1.96% 3,029,672.21 3,189,127.52 100.00% 62,527.50 1.96% 3,126,600.02 Bad debt provision
Total 3,090,261.30 100.00% 60,589.09 1.96% 3,029,672.21 3,189,127.52 100.00% 62,527.50 1.96% 3,126,600.02 Provision for bad debts based on the general expected credit loss model
Unit: Yuan Phase 1 Phase 2 Phase 3
Bad debt provision Expected credit for the next 12 months Expected credit losses for the entire duration Expected credit losses for the entire duration Total losses Loss (no credit impairment has occurred) Loss (credit impairment has occurred)
The balance on January 1, 2026 is in this period
Basis for division of each stage and provision ratio for bad debts
(3) Bad debt provisions accrued, recovered or reversed in the current period
Unit: Yuan Amount of changes in the current period
Category Opening balance Ending balance Provision Recovery or reversal Write-off or write-off Others
Performance bond 62,527.50 -1,938.41 60,589.09Total 62,527.50 -1,938.41 60,589.09Among them, the amount of bad debt provision reversed or recovered in the current period is important:
Unit: Yuan Unit name Amount recovered or reversed Reason for reversal Method of recovery Basis for determining the original bad debt provision ratio and its rationality (4) Long-term receivables actually written off in the current period
Unit: yuan item write-off amount
Among them, the important write-off situation of long-term receivables:
Unit: Yuan
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Whether the payment is made by the related entity, the nature of the payment, the write-off amount, the reason for the write-off, the write-off procedures performed
Instructions for writing off long-term receivables arising from transactions:
- Long-term equity investment
Unit: Yuan
Increases and decreases in the current period
Beginning of period Equity declaration End of period
Impairment Impairment investment balance Other disbursement balance under the law
Preparation Other Provisions Provision Notes (Account Addition Decrease Confirmation Comprehensive Cash (Account
Equity Impairment at the Beginning of the Period Others Ending of the Period Face Price Investment Investment Income from Investment Dividends Face Price
Balance Change Provision Balance Value) Capital Loss Adjustment or Profit Value)
profit
1. Joint ventures
2. Joint ventures
The recoverable amount is determined as the net amount after fair value minus disposal costs.
□ApplicableNot applicable
The recoverable amount is determined based on the present value of expected future cash flows.
□ApplicableNot applicable
Reasons for the obvious inconsistency between the aforementioned information and the information used in impairment testing in previous years or external information
Reasons for the discrepancy between the information used in the company's impairment testing in previous years and the actual situation of that year.
Other instructions
- Other non-current financial assets
Unit: Yuan Item Ending balance Beginning balance
Total 0.00 0.00
- Investment real estate
(1) Investment real estate using cost measurement model
Applicable□Not applicable
Unit: Yuan Project Houses, buildings Land use rights Construction in progress Total
1. Original book value
- Balance at the beginning of the period 234,858,608.74 234,858,608.74 2. Increase in the current period
(1) Outsourcing
(2) Transfer of inventories\fixed assets\projects under construction
(3) Increase in business mergers
- Reduction amount in this period
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(1) Disposal
(2) Other transfer-out
- Closing balance 234,858,608.74 234,858,608.74
2. Accumulated depreciation and accumulated amortization
- Balance at the beginning of the period 37,049,600.72 37,049,600.72 2. Increase in the current period 5,790,346.92 5,790,346.92
(1) Provision or amortization 5,790,346.92 5,790,346.92 3. Decrease amount in the current period
(1) Disposal
(2) Other transfer-out
- Ending balance 42,839,947.64 42,839,947.64
3. Impairment provision
Opening balance
Increase amount in this period
(1) Provision
- Reduction amount in this period
(1) Disposal
(2) Other transfer-out
- Ending balance
4. Book value
- Book value at the end of the period 192,018,661.10 192,018,661.10 2. Book value at the beginning of the period 197,809,008.02 197,809,008.02 The recoverable amount is determined based on the net amount of fair value minus disposal costs.
□ApplicableNot applicable
The recoverable amount is determined based on the present value of expected future cash flows.
□ApplicableNot applicable
Reasons for the obvious inconsistency between the aforementioned information and the information used in impairment testing in previous years or external information
Reasons for the discrepancy between the information used in the company's impairment testing in previous years and the actual situation of that year.
Other notes:
(2) Investment real estate using fair value measurement model
□ApplicableNot applicable
(3) Converted to investment real estate and measured at fair value
Unit: Yuan
Accounting Section before conversion Amount of other comprehensive income items Reason for conversion Approval process Impact on profit and loss
Benefit impact
(4) Investment real estate for which title certificates have not been obtained
Unit: Yuan
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Item Book value Reasons for not completing the property rights certificate
- Fixed assets
Unit: Yuan
Item Ending balance Beginning balance
Fixed assets 757,162,739.05 767,440,527.08 Total 757,162,739.05 767,440,527.08
(1) Fixed assets
Unit: Yuan
Items Houses and buildings Machinery and equipment Transportation equipment Other equipment Total
1. Original book value:
- Opening balance 729,126,222.90 134,919,840.52 11,118,364.17 44,032,495.06 919,196,922.65 2. Increase in the current period 169,200.99 4,294,508.76 68,676.99 1,906,559.32 6,438,946.06 (1) Purchase 169,200.99 4,031,565.74 68,676.99 1,702,815.13 5,972,258.85 (2) Transfer of construction in progress 0.00 262,943.02 0.00 203,744.19 466,687.21
(3) Increase in business mergers
- Decrease amount in this period 422,439.55 790,301.19 727,213.91 1,129,586.88 3,069,541.53
(1) Disposal or scrapping 422,439.55 790,301.19 727,213.91 1,129,586.88 3,069,541.53 4. Closing balance 728,872,984.34 138,424,048.09 10,459,827.25 44,809,467.50 922,566,327.18
2. Accumulated depreciation
- Opening balance 72,671,411.12 43,281,884.90 8,183,096.05 27,620,003.50 151,756,395.57 2. Increase in the current period 7,323,361.72 6,096,205.04 285,164.63 1,924,470.36 15,629,201.75
(1) Provision 7,323,361.72 6,096,205.04 285,164.63 1,924,470.36 15,629,201.75 3. Decrease amount in the current period 39,704.86 315,011.26 590,351.76 1,036,941.31 1,982,009.19
(1) Disposal or scrapping 39,704.86 315,011.26 590,351.76 1,036,941.31 1,982,009.19 4. Closing balance 79,955,067.98 49,063,078.68 7,877,908.92 28,507,532.55 165,403,588.13
3. Impairment provision
Opening balance
Increase amount in this period
(1) Provision
- Reduction amount in this period
(1) Disposal or scrapping
- Ending balance
4. Book value
- Book value at the end of the period 648,917,916.36 89,360,969.41 2,581,918.33 16,301,934.95 757,162,739.05 2. Book value at the beginning of the period 656,454,811.78 91,637,955.62 2,935,268.12 16,412,491.56 767,440,527.08 Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report (2) Temporarily idle fixed assets
Unit: Yuan Item Original book value Accumulated depreciation Impairment provision Book value Remarks
(3) Fixed assets leased through operating leases
Unit: Yuan Item Closing book value
(4) Fixed assets for which property rights certificates have not been obtained
Unit: Yuan Item Book value Reasons for not completing the property rights certificate
(5) Impairment testing of fixed assets
□ApplicableNot applicable
(6) Fixed assets liquidation
Unit: Yuan Item Ending balance Beginning balance
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Projects under construction
Unit: Yuan
Item Ending balance Beginning balance
Construction in progress 26,680,684.99 22,808,688.94 Total 26,680,684.99 22,808,688.94
(1) Projects under construction
Unit: Yuan Ending balance Beginning balance
Project
Book balance Impairment provision Book value Book balance Impairment provision Book value Bioengineering industry chain integration pilot project 26,008,560.08 26,008,560.08 22,399,234.12 22,399,234.12 Project reconstruction 672,124.91 672,124.91 409,454.82 409,454.82Total 26,680,684.99 26,680,684.99 22,808,688.94 22,808,688.94
(2) Changes in important projects under construction during the current period
Unit: Yuan for this period Project total including:
Interest capital period interest is transferred to fixed other investment in the current period. The project is progressing. Name of the capital item for the period. Budget number. Beginning balance. Increase amount for the period. Ending balance. The amount of accumulated interest capital assets has decreased. Accounting for the budget. Interest capital source calculation rate.
Amount proportional amount
The bioengineering industry chain is being integrated
200,000,000.00 22,399,234.12 14,166,919.00 10,557,593.04 26,008,560.08 13.00% 13.00% Other pilot projects
Total 200,000,000.00 22,399,234.12 14,166,919.00 10,557,593.04 26,008,560.08
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report (3) Impairment provisions for projects under construction in the current period
Unit: Yuan Item Opening balance Increase in the current period Decrease in the current period Ending balance Reason for provision (4) Impairment test of projects under construction
□ApplicableNot applicable
(5) Engineering materials
Unit: Yuan Ending balance Beginning balance
Project
Book balance Impairment provision Book value Book balance Impairment provision Other instructions for book value:
- Productive biological assets
(1) Productive biological assets using cost measurement model
□ApplicableNot applicable
(2) Impairment testing of productive biological assets using the cost measurement model
□ApplicableNot applicable
(3) Productive biological assets using fair value measurement model
□ApplicableNot applicable
- Oil and gas assets
□ApplicableNot applicable
- Right-of-use assets
(1) Right-of-use assets
Unit: Yuan Project Houses and Buildings Total
1. Original book value
Balance at the beginning of the period 5,195,818.57 5,195,818.57 2. Increase in the current period
Reduction amount in this period
Closing balance 5,195,818.57 5,195,818.57
2. Accumulated depreciation
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Balance at the beginning of the period 2,667,029.03 2,667,029.03 2. Increase in the current period 649,930.08 649,930.08
(1) Provision 649,930.08 649,930.08 3. Decrease amount in the current period
(1) Disposal
- Ending balance 3,316,959.11 3,316,959.11
3. Impairment provision
Opening balance
Increase amount in this period
(1) Provision
- Reduction amount in this period
(1) Disposal
- Ending balance
4. Book value
- Book value at the end of the period 1,878,859.46 1,878,859.46 2. Book value at the beginning of the period 2,528,789.54 2,528,789.54
(2) Impairment testing of right-of-use assets
□ApplicableNot applicable
- Intangible assets
(1) Intangible assets
Unit: Yuan
Item Land use rights Patent rights Non-patented technology Software and others Total
1. Original book value
- Opening balance 57,734,335.96 29,191,931.24 86,926,267.20 2. Increase in the current period 0.00 301,800.89 301,800.89 (1) Purchase 0.00 301,800.89 301,800.89 (2) Internal research and development
(3) Increase in business mergers
- Reduction amount in this period
(1) Disposal
- Closing balance 57,734,335.96 29,493,732.13 87,228,068.09
2. Accumulated amortization
- Balance at the beginning of the period 11,911,581.79 10,692,987.24 34,724,132.75 2. Increase in the current period 561,468.54 1,468,895.54 2,030,364.08
(1) Provision 561,468.54 1,468,895.54 2,030,364.08 3. Decrease amount in the current period
(1) Disposal
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Closing balance 12,473,050.33 24,281,446.50 36,754,496.83
3. Impairment provision
Opening balance
Increase amount in this period
(1) Provision
- Reduction amount in this period
(1) Disposal
- Ending balance
4. Book value
- Book value at the end of the period 45,261,285.63 5,212,285.63 50,473,571.26 2. Book value at the beginning of the period 45,822,754.17 3,485,667.49 52,202,134.45 The proportion of intangible assets formed through the company’s internal research and development at the end of the period to the balance of intangible assets
(2) Data resources recognized as intangible assets
Unit: Yuan Outsourced data resources are intangible. Self-developed data resources are intangible. Data resources obtained by other means are intangible.
Item Total
physical assets
- Book value at the beginning of the period 0.00
(3) Land use rights for which property rights certificates have not been obtained
Unit: Yuan
Item Book value Reasons for not completing the property rights certificate
(4) Impairment testing of intangible assets
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Goodwill
(1) Original book value of goodwill
Unit: Yuan Increase in this period Decrease in this period
Name of the invested unit or events that formed goodwill. Beginning balance. Closing balance.
Disposal resulting from business combination
Guangzhou Longzhijie Technology Group Co., Ltd. (former name: Guangzhou Longzhijie Technology Co., Ltd.) 390,814,599.42 390,814,599.42 Beijing Chengyi Tongborihong Intelligent Equipment Technology Co., Ltd. 110,125,485.08 110,125,485.08 Guangzhou Shirui Medical Technology Co., Ltd. 13,458,313.67 13,458,313.67 Guangzhou Zhanghe Intelligent Technology Co., Ltd. 5,850,886.68 5,850,886.68 Total 520,249,284.85 520,249,284.85
(2) Goodwill impairment provision
Unit: Yuan Increase in this period Decrease in this period
Name of the invested unit or events that formed goodwill. Beginning balance. Closing balance.
Provision Disposal
Guangzhou Longzhijie Technology Group Co., Ltd. (former name: Guangzhou Longzhijie Technology Co., Ltd.) 129,580,126.19 129,580,126.19 Beijing Chengyi Tongborihong Intelligent Equipment Technology Co., Ltd. 79,908,343.62 79,908,343.62 Guangzhou Shirui Medical Technology Co., Ltd. 11,112,459.80 11,112,459.80 Total 220,600,929.61 220,600,929.61
(3) Relevant information about the asset group or asset group combination where the goodwill is located
Whether it is separated from the business it belongs to
Name The composition and basis of the asset group or portfolio it belongs to The insurance department and basis of the previous year
Be consistent
Guangzhou Longzhijie Technology Group Co., Ltd. (former name: Guangzhou Longzhijie Technology Co., Ltd.) asset group; can be generated independently
Guangzhou Longzhijie Technology Group Co., Ltd. (former name: Guangzhou Longzhijie Technology Co., Ltd.) Rehabilitation Medicine Yes
Minimum asset portfolio for cash flow
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report Beijing Chengyitong Borihong Intelligent Equipment Technology Co., Ltd. Beijing Chengyitong Borihong Intelligent Equipment Technology Co., Ltd. Asset Group; the smallest asset portfolio that can independently generate cash flow Intelligent Manufacturing is Guangzhou Shirui Medical Technology Co., Ltd. Guangzhou Shirui Medical Technology Co., Ltd. Asset Group; the smallest asset portfolio that can independently generate cash flow Rehabilitation Medical is Guangzhou Zhanghe Intelligent Technology Co., Ltd. Guangzhou Zhanghe Intelligent Technology Co., Ltd. asset group; the smallest asset portfolio that can independently generate cash flow Rehabilitation Medical is a change in the asset group or asset group combination
Name Composition before change Composition after change Objective facts and basis leading to change
(4) Specific determination method of recoverable amount
The recoverable amount is determined as the net amount after fair value minus disposal costs.
□ApplicableNot applicable
The recoverable amount is determined based on the present value of expected future cash flows.
Applicable□Not applicable
Unit: Yuan The forecast period of the stable period The recoverable amount in the stable period Key parameter items Book value Impairment amount The key amount of the forecast period is determined according to parameters Parameters
According to Guangzhou Longzhijie Technology Group Co., Ltd. (former name: Guangzhou Longzhijie Technology Co., Ltd.) 69,110.22 56,152.21 12,958.01 2026-2030 (the subsequent period is the stable period) [Note 1] Flat [Note 5] Beijing Chengyi Tongbo Rihong Intelligent Equipment Technology Co., Ltd. 11,127.82 3,136.98 7,990.83 2026-2030 (the subsequent period is the stable period) [Note 2] Flat [Note 5] Guangzhou Shirui Medical Technology Co., Ltd. 1,656.48 326.98 1,063.60 2026-2030 (the subsequent period is the stable period) [Note 3] Flat [Note 5] Guangzhou Zhanghe Intelligent Technology Co., Ltd. 938.61 1,198.56 2026-2030 (the subsequent period is the stable period) [Note 4] Flat [Note 5] Total 82,833.13 60,814.73 22,012.44
Reasons for the obvious inconsistency between the above information and the information used in impairment testing in previous years or external information: Note:
(1) The expected sales revenue growth rate from 2026 to 2030 is: 29.58%, 9.37%, 7.57%, 5.45%, 5.37%, and the discount rate is 12.33%;
(2) The estimated sales revenue growth rate from 2026 to 2030 is: -34.55%, 5.00%, 5.00%, 5.00%, 5.00%, and the discount rate is 13.32%;
(3) The expected sales revenue growth rate from 2026 to 2030 is: -18.94%, -9.13%, -8.99%, -8.84%, 0.00%, and the discount rate is 12.33%;
(4) The expected sales revenue growth rate from 2026 to 2030 is: 3.68%, 3.11%, 0.92%, 1.73%, 1.72%, and the discount rate is 12.33%;
(5) The revenue growth rate is comprehensively considered through the analysis of the company's future development forecast and changes in the company's historical annual operating income, combined with the profit forecast provided by the company and the contract currently being executed by the company. The revenue growth rate during the stable period is 0%.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Reasons for the discrepancy between the information used in the company's impairment testing in previous years and the actual situation of that year.
(5) Completion of performance commitments and corresponding impairment of goodwill
There is a performance commitment when goodwill is formed and the reporting period or the previous period of the reporting period is within the performance commitment period
□ApplicableNot applicable
- Long-term deferred expenses
Unit: Yuan
Item Beginning balance Increase in the current period Amortization amount in the current period Other decreases Closing balance Decoration expenses 85,500,452.77 41,833,895.79 6,776,387.84 120,557,960.72 Total 85,500,452.77 41,833,895.79 6,776,387.84 120,557,960.72
- Deferred income tax assets/deferred income tax liabilities
(1) Deferred income tax assets without offset
Unit: Yuan Ending balance Beginning balance
Project
Deductible temporary differences Deferred income tax assets Deductible temporary differences Deferred income tax assets Asset impairment provision 17,683,503.06 2,652,991.44 26,882,552.77 3,921,933.64 Unrealized profits from internal transactions 8,955,010.90 1,343,251.64 10,098,127.13 1,514,719.05 Deductible losses 24,807,545.51 4,718,838.48 12,009,254.84 2,132,922.50 Changes in fair value of other equity instruments 2,249,500.00 360,375.00 2,402,500.00 360,375.00 Lease liabilities 1,965,092.06 330,127.67 10,885,551.17 2,317,160.17 Total 55,660,651.53 9,405,584.23 62,277,985.91 10,247,110.36
(2) Deferred income tax liabilities without offset
Unit: Yuan Ending balance Beginning balance
Project
Taxable temporary differences Deferred income tax liabilities Taxable temporary differences Deferred income tax liabilities Asset valuation increase from business combinations not under common control 557,742.38 83,661.36 937,343.47 140,601.52 Right-of-use assets 1,878,859.46 334,559.10 3,489,009.86 477,259.97 Total 2,436,601.84 418,220.46 4,426,353.33 617,861.49
(3) Deferred income tax assets or liabilities presented on a net basis after offsetting
Unit: Yuan Deferred income tax assets and liabilities Deferred income tax assets after offset Deferred income tax assets and liabilities Deferred income tax items after offset
Offset amount of debts at the end of the period Ending balance of assets or liabilities Offset amount of debts at the beginning of the period Deferred income tax assets of assets or liabilities at the beginning of the period 9,405,584.23 10,247,110.36 Deferred income tax liabilities 418,220.46 617,861.49
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(4) Details of deferred income tax assets not recognized
Unit: Yuan
Item Ending balance Beginning balance
Deductible temporary differences 581,256,059.46 661,795,170.29 Deductible losses 219,319,163.77 272,091,943.25 Total 800,575,223.23 933,887,113.54
(5) Deductible losses that have not been recognized as deferred income tax assets will expire in the following years
Unit: Yuan
Year Ending amount Beginning amount Remarks
2026 7,434,420.34 774,151.35
2027 5,795,939.54 1,283,079.63
2028 12,829,200.29 1,488,580.39
2029 28,916,779.98 1,408,146.92
2030 108,962,128.68 15,971,262.21
2031 48,671,294.74 244,457,322.55
Unlimited 6,709,400.20 6,709,400.20
Total 219,319,163.77 272,091,943.25
- Other non-current assets
Unit: Yuan Ending balance Beginning balance
Project
Book balance Impairment provision Book value Book balance Impairment provision Book value Prepayment for long-term asset acquisition 153,641,910.50 153,641,910.50 198,737,433.95 198,737,433.95 Total 153,641,910.50 153,641,910.50 198,737,433.95 198,737,433.95
- Assets whose ownership or use rights are restricted
Unit: Yuan
End of period Beginning of period
Item Restricted Restricted book balance Book value Restricted situation Book balance Book value Restricted situation
Type Type Monetary funds 26,574,162.96 26,574,162.96 Pledge Security deposit 14,260,615.67 14,260,615.67 Pledge Security deposit Fixed assets 720,570,632.54 644,392,484.59 Mortgage Bank loan mortgage 482,807,660.82 452,445,236.20 Mortgage Bank loans mortgage intangible assets 37,845,685.96 28,223,342.13 Mortgage Bank loans mortgage 6,095,980.96 5,080,559.84 Mortgage Bank loans mortgage investment real estate 234,858,608.74 192,018,661.10 Mortgage Mortgage of bank borrowings 234,858,608.74 197,809,008.02 Mortgage Mortgage of bank borrowings
Total 1,019,849,090.20 891,208,650.78 738,022,866.19 669,595,419.73
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Short-term borrowing
(1) Classification of short-term loans
Unit: Yuan
Item Ending balance Beginning balance
Pledge loan 20,000,000.00 15,000,000.00 Pledge loan 10,000,000.00 20,000,000.00 Guaranteed loan 514,575,753.51 484,665,992.81 Credit loan 20,000,000.00
Total 564,575,753.51 519,665,992.81
(2) Overdue short-term borrowings that have not been repaid
The total amount of overdue and unpaid short-term borrowings at the end of the period was RMB, among which the important overdue and unpaid short-term borrowings are as follows:
Unit: Yuan
Borrowing unit Ending balance Borrowing interest rate Overdue time Overdue interest rate
- Trading financial liabilities
Unit: Yuan Item Ending balance Beginning balance
Among them:
Among them:
Total 0.00 0.00
- Derivative financial liabilities
Unit: Yuan
Item Ending balance Beginning balance
Total 0.00 0.00
- Notes payable
Unit: Yuan
Category Ending balance Beginning balance
Bank acceptance bill 381,749,119.70 404,924,446.77 Domestic letter of credit 6,700,000.00 Total 381,749,119.70 411,624,446.77 The total amount of bills payable that has expired and not been paid at the end of this period is yuan, and the reason for not paying when due is.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Accounts payable
(1) Presentation of accounts payable
Unit: Yuan
Item Ending balance Beginning balance
Within 1 year (including 1 year) 183,211,465.90 238,218,542.86 More than 1 year 96,487,282.73 55,597,123.16 Total 279,698,748.63 293,815,666.02
(2) Important accounts payable that are aged more than 1 year or are overdue
Unit: Yuan
Item Closing balance Reason for outstanding or carried forward
- Other payables
Unit: Yuan
Item Ending balance Beginning balance
Interest payable 0.00 0.00 Dividends payable 0.00 Other payables 15,914,231.35 63,696,340.49 Total 15,914,231.35 63,696,340.49
(1) Interest payable
Unit: Yuan
Item Ending balance Beginning balance
Total 0.00 0.00Important overdue and unpaid interest information:
Unit: Yuan
Borrowing unit Overdue amount Reasons for overdue
(2) Dividends payable
Unit: Yuan
Item Ending balance Beginning balance
Total 0.00 Other explanations, including important dividends payable that have not been paid for more than 1 year, the reasons for non-payment should be disclosed:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(3) Other payables
- List other payables according to the nature of the payment
Unit: Yuan Item Ending balance Beginning balance
Equity transfer amount 3,900,000.00 3,900,000.00 Current amount 12,014,231.35 59,796,340.49 Total 15,914,231.35 63,696,340.49
- Important other payables aged more than 1 year or overdue
Unit: Yuan Item Closing balance Reason for outstanding or carry-forward
- Advance payments
(1) Presentation of advance receipts
Unit: Yuan Item Ending balance Beginning balance
Total 0.00 0.00
(2) Important advances from customers aged more than 1 year or overdue
Unit: Yuan Item Closing balance Reason for outstanding or carry-forward
Unit: Yuan Item Amount of change Reason for change
- Contract liabilities
Unit: Yuan Item Ending balance Beginning balance
Contract advance receipts 384,598,429.23 322,066,505.59 Total 384,598,429.23 322,066,505.59 Important contract liabilities aged more than 1 year
Unit: Yuan Item Closing balance Reason for outstanding or carry-forward
Amount and reasons for significant changes in book value during the reporting period
Unit: Yuan Item Amount of change Reason for change
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Employee compensation payable
(1) Presentation of employee benefits payable
Unit: Yuan
Item Opening balance Increase in the current period Decrease in the current period Ending balance
Short-term compensation 27,761,879.33 101,770,073.44 106,497,740.74 23,034,212.03
Post-employment benefits - defined contribution plan 1,089,974.98 10,223,332.98 10,259,539.87 1,053,768.09
Dismissal benefits 0.00 512,803.09 512,803.09 0.00Total 28,851,854.31 112,506,209.51 117,270,083.70 24,087,980.12
(2) Presentation of short-term remuneration
Unit: Yuan
Item Opening balance Increase in the current period Decrease in the current period Ending balance
Salaries, bonuses, allowances and subsidies 25,495,352.74 90,718,239.43 94,984,997.41 21,228,594.76
Employee welfare fees 0.00 2,266,547.07 2,266,547.07 0.00
Social insurance premiums 303,785.36 5,661,333.59 5,683,363.75 281,755.20 Among them: medical insurance premiums 287,292.43 5,151,009.58 5,172,166.57 266,135.44 Work-related injury insurance premiums 16,428.36 250,399.47 251,208.07 15,619.76
Maternity insurance premium 64.57 259,924.54 259,989.11 0.00
Housing provident fund 1,148.00 2,701,865.94 2,703,013.94 0.00
Trade union funds and employee education funds 1,961,593.23 422,087.41 859,818.57 1,523,862.07 Total 27,761,879.33 101,770,073.44 106,497,740.74 23,034,212.03
(3) Display of defined contribution plan
Unit: Yuan
Item Opening balance Increase in the current period Decrease in the current period Ending balance
Basic pension insurance 1,060,463.00 9,914,471.50 9,949,563.82 1,025,370.68
Unemployment insurance premium 29,511.98 308,861.48 309,976.05 28,397.41Total 1,089,974.98 10,223,332.98 10,259,539.87 1,053,768.09
Taxes payable
Unit: Yuan
Item Ending balance Beginning balance
Value-added tax 4,179,454.27 7,807,471.43 Corporate income tax 2,559,337.79 6,416,671.37 Personal income tax 385,644.69 493,141.93 Urban maintenance and construction tax 100,709.42 341,967.03 Education fee surcharge 72,771.03 248,159.52 Property tax 433,740.03 490,617.01
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Land use tax 45,484.12 45,484.13 Other taxes and fees 8,400.00 13,536.52 Total 7,785,541.35 15,857,048.94
- Liabilities held for sale
Unit: Yuan
Item Ending balance Beginning balance
Total 0.00
- Non-current liabilities due within one year
Unit: Yuan
Item Ending balance Beginning balance
Long-term borrowings due within one year 26,136,440.68 35,886,440.68 Lease liabilities due within one year 1,083,732.70 1,091,759.93 Total 27,220,173.38 36,978,200.61
- Other current liabilities
Unit: Yuan
Item Ending balance Beginning balance
Output tax to be transferred 49,814,003.18 40,876,297.64 Total 49,814,003.18 40,876,297.64 Increase or decrease in short-term bonds payable:
Unit: yuan per face
Overflow discount
Bond par issuance Bond issuance Beginning of period Value of current period End of period Whether
face value price spread
Name Interest Rate Date Term Amount Balance Issuance Profit Repayment Balance Default Cancellation
information
total
Other notes:
- Long-term borrowing
(1) Classification of long-term loans
Unit: Yuan
Item Ending balance Beginning balance
Mortgage borrowings 128,783,898.30 146,877,118.64 Less: long-term borrowings due within one year -26,136,440.68 -35,886,440.68 Total 102,647,457.62 110,990,677.96
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Bonds payable
(1) Bonds payable
Unit: Yuan
Item Ending balance Beginning balance
Total 0.00
(2) Increases and decreases in bonds payable (excluding preference shares, perpetual bonds and other financial instruments classified as financial liabilities)
Unit: yuan per face
Overflow discount
Bond par issuance Bond issuance Beginning of period Value of current period End of period Whether
face value price spread
Name Interest Rate Date Term Amount Balance Issuance Profit Repayment Balance Default Cancellation
information
total
(3) Description of convertible corporate bonds
(4) Description of other financial instruments classified as financial liabilities
Basic information on preferred shares, perpetual bonds and other financial instruments outstanding at the end of the period
Statement of changes in outstanding preferred stocks, perpetual bonds and other financial instruments at the end of the period
Unit: yuan outstanding. Beginning of the period. Increase in the current period. Decrease in the current period. End of the period.
financial engineering
Quantity Book value Quantity Book value Quantity Book value Quantity Book value
tools
Explanation of the basis for classifying other financial instruments as financial liabilities
- Lease liabilities
Unit: Yuan
Item Ending balance Beginning balance
Lease payments 1,453,077.73 2,713,454.02 Less: Unrecognized financing costs -47,674.98 -101,411.49 Less: Lease liabilities due within one year -524,043.39 -1,091,759.93 Total 881,359.36 1,520,282.60
- Long-term payables
Unit: Yuan
Item Ending balance Beginning balance
Total 0.00 0.00Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(1) List long-term payables according to the nature of the payment
Unit: Yuan Item Ending balance Beginning balance
(2) Special accounts payable
Unit: Yuan Item Beginning balance Increase in the current period Decrease in the current period Ending balance Reasons for formation
- Long-term employee benefits payable
(1) Long-term employee salary payable table
Unit: Yuan Item Ending balance Beginning balance
Total 0.00 0.00
(2) Changes in defined benefit plans
Present value of defined benefit plan obligations:
Unit: Yuan Item Amount incurred in the current period Amount incurred in the previous period
Plan assets:
Unit: Yuan Item Amount incurred in the current period Amount incurred in the previous period
Net liabilities (net assets) of defined benefit plans
Unit: Yuan Item Amount incurred in the current period Amount incurred in the previous period
Description of the content of the defined benefit plan and the risks associated with it, as well as the impact on the company's future cash flows, timing and uncertainty:
Explanation of significant actuarial assumptions and sensitivity analysis results of defined benefit plans:
Other notes:
- Estimated liabilities
Unit: Yuan Item Ending balance Beginning balance Reason for formation
Total 0.00 0.00
Other explanations, including important assumptions and estimation instructions related to important estimated liabilities:
- Deferred income
Unit: Yuan Item Beginning balance Increase in the current period Decrease in the current period Ending balance Reasons for formation
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Government subsidies 7,994,034.68 132,254.22 7,861,780.46 Financial subsidies
Total 7,994,034.68 132,254.22 7,861,780.46
- Other non-current liabilities
Unit: Yuan
Item Ending balance Beginning balance
Total 0.00 0.00
- Share capital
Unit: Yuan Increase or decrease in this change (+, -)
Beginning balance Closing balance
Issuance of new shares Bonus shares Conversion of public reserve funds Others Subtotal
Total number of shares 273,046,796.00 273,046,796.00
- Other equity instruments
(1) Basic information on preferred shares, perpetual bonds and other financial instruments outstanding at the end of the period
(2) Statement of changes in outstanding preferred stocks, perpetual bonds and other financial instruments at the end of the period
Unit: yuan outstanding. Beginning of the period. Increase in the current period. Decrease in the current period. End of the period.
financial engineering
Quantity Book value Quantity Book value Quantity Book value Quantity Book value
tools
Total 0.00
Changes in other equity instruments during the current period, explanations of the reasons for the changes, and the basis for relevant accounting treatments:
Other notes:
- Capital reserve
Unit: Yuan
Item Opening balance Increase in the current period Decrease in the current period Ending balance Capital premium (equity premium) 914,172,785.69 914,172,785.69 Other capital reserves 40,043.16 40,043.16 Total 914,212,828.85 914,212,828.85 Other explanations, including changes in increases and decreases in the current period and explanation of reasons for changes:
- Treasury stocks
Unit: Yuan
Item Opening balance Increase in the current period Decrease in the current period Total balance at the end of the period 0.00 0.00 Other explanations, including changes in increases and decreases in the current period and reasons for changes:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Other comprehensive income
Unit: Yuan Amount incurred in the current period
Less: in the previous period Less: in the earlier period
Income for the current period less: income tax after tax
Item Opening balance is included in other comprehensive. Attribution after tax. Closing balance before tax. Taxes and expenses incurred. Attribution to other comprehensive.
Transferring income in the current period Transferring income in the current period to the parent company
Amount is used to count shareholders
To Profit and Loss To Retained Earnings
1. Cannot be reclassified
Other comprehensive income into profit and loss -2,172,175.00 -2,172,175.00
Other equity workers
Fair value of investment -2,172,175.00 -2,172,175.00 change
2. Reclassify into
Other comprehensive profits and losses 66,091.18 83,646.09 83,646.09 149,737.27Income
Foreign currency financial statements
66,091.18 83,646.09 83,646.09 149,737.27 Table conversion difference
Other comprehensive income
-2,106,083.82 83,646.09 83,646.09 -2,022,437.73 total
Other explanations include adjustments to the initial recognition amount of the effective portion of cash flow hedging gains and losses converted into hedged items:
- Special reserves
Unit: Yuan
Item Opening balance Increase in the current period Decrease in the current period Total balance at the end of the period 0.00 0.00 Other explanations, including changes in increases and decreases in the current period and reasons for changes:
- Surplus reserve
Unit: Yuan
Item Beginning balance Increase in the current period Decrease in the current period Ending balance Statutory surplus reserve 57,843,036.19 57,843,036.19 Total 57,843,036.19 57,843,036.19 Description of surplus reserve, including changes in increases and decreases in the current period and reasons for changes:
- Undistributed profits
Unit: Yuan
Projects in this issue Previous issue
Undistributed profit at the end of the previous period before adjustment 97,530,788.94 989,187,284.26 Undistributed profit at the beginning of the period after adjustment 97,530,788.94 989,187,284.26 Add: Net profit attributable to owners of the parent company for the current period -29,071,749.60 -879,369,389.74
Dividends payable on common shares 12,287,105.58
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Undistributed profits at the end of the period 68,459,039.34 97,530,788.94 Adjustment of undistributed profits at the beginning of the period:
Due to the retrospective adjustment of the "Accounting Standards for Business Enterprises" and its related new regulations, the undistributed profit at the beginning of the period was affected.
Due to changes in accounting policies, the undistributed profit at the beginning of the period is affected.
Due to the correction of major accounting errors, the undistributed profit at the beginning of the period was affected.
4). Changes in the scope of consolidation due to the same control will affect the undistributed profit at the beginning of the period.
- The total of other adjustments affects the opening undistributed profit yuan.
Detailed instructions on using capital reserves to cover losses:
- Operating income and operating costs
Unit: Yuan Amount of current period Amount of previous period
Project
revenue cost revenue cost
Main business 341,727,709.71 268,732,381.99 399,978,282.06 242,195,050.95 Other businesses 5,921,983.57 6,915,498.60 7,993,077.28 8,139,642.88 Total 347,649,693.28 275,647,880.59 407,971,359.34 250,334,693.83 Decomposition information of operating income and operating costs:
Unit: Yuan Division 1 Division 2 Total
Contract classification
Operating income Operating cost Operating income Operating cost Operating income Operating cost Business type
Among them:
Intelligent manufacturing business 256,790,057.47 236,025,350.34 256,790,057.47 236,025,350.34 Rehabilitation medical business 90,859,635.81 39,622,530.25 90,859,635.81 39,622,530.25 Classified by time of goods transfer
Among them:
Revenue recognized at a certain point in time 344,114,193.19 270,159,541.66 344,114,193.19 270,159,541.66 Total
Information related to performance obligations:
The company's pre-payments, the company's performance obligations, and the important payment terms. The company's commitment to transfer is the main responsibility.
The item will be refunded to the customer during the period. The type and time of the quantity guarantee. The nature of the goods. Anyone.
Account’s money and other explanations of related obligations
Information related to the transaction price allocated to the remaining performance obligations:
At the end of the reporting period, the amount of revenue corresponding to the performance obligations that have been signed but have not yet been performed or have not been completed is RMB 0.00, of which RMB is expected to be recognized in the year, RMB is expected to be recognized in the year, and RMB is expected to be recognized in the year.
Information related to variable consideration in the contract:
Major contract changes or major transaction price adjustments
Unit: Yuan
Item Accounting treatment method Amount of impact on income
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Other instructions
- Taxes and surcharges
Unit: Yuan
Item Amount for the current period Amount for the previous period
Urban maintenance and construction tax 512,988.34 674,190.01 Education fee surcharge 374,919.97 501,918.34 Property tax 2,724,341.52 2,896,995.23 Land use tax 117,403.88 117,403.89 Vehicle and vessel use tax 4,660.00 7,610.00 Stamp duty 432,028.17 417,424.88 Others 24,653.24 21,985.42 Total 4,190,995.12 4,637,527.77
- Management expenses
Unit: Yuan
Item Amount for the current period Amount for the previous period
Employee compensation 21,772,301.36 19,848,119.03 Business entertainment expenses 319,755.90 765,790.88 Intermediary agency expenses 3,819,560.29 1,748,566.06 Office and travel expenses 5,998,341.97 4,677,908.72 Depreciation and amortization 9,413,817.21 9,664,771.42 Others 3,912,131.63 2,580,632.24 Total 45,235,908.36 39,285,788.35
- Sales expenses
Unit: Yuan
Item Amount for the current period Amount for the previous period
Employee compensation 28,569,920.50 19,170,289.36 Advertising and business expenses 5,512,393.63 5,756,858.58 Office and travel expenses 10,196,603.33 10,881,655.50 Others 2,506,716.47 1,591,192.96 Total 46,785,633.93 37,399,996.40
- Research and development expenses
Unit: Yuan
Item Amount for the current period Amount for the previous period
Materials 3,239,644.95 15,964,546.79 Employee compensation 29,634,412.11 29,770,422.13
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Depreciation expenses 1,367,575.48 1,098,440.73 Other expenses 2,618,925.18 3,210,963.71 Total 36,860,557.72 50,044,373.36
- Financial expenses
Unit: Yuan
Item Amount for the current period Amount for the previous period
Interest expense 11,239,513.27 12,483,342.02 Less: Interest income -266,983.13 -1,207,549.15 Exchange loss 1,902,932.52 141,728.31 Less: Exchange income -239,925.17 Handling fees and other expenses 1,877,934.35 1,318,018.89 Total 14,753,397.01 12,495,614.90
- Other income
Unit: Yuan
Sources of other income Amount incurred in the current period Amount incurred in the previous period
Software tax rebate 3,916,187.98 6,478,491.46 Deferred income sharing 132,254.22 132,254.22 Tax exemption 29,658.38 Development Zone Economic Development Bureau Intelligent Digital Transformation Special Award 200,000.00 2026 Data Management Capability Maturity Assessment 200,000.00
Tax refund for key group tax preferential projects 106,600.00
Emerging industries promotion 2022 Daxing District 1+N industrial policy fund 50,000.00 Non-Zhaiteng project refund 6,862,835.05
Science and Technology Innovation Incentive Fund 1,620,900.00 Intellectual Property Financing Subsidy 114,178.00 Special Fund for High-Quality Development of Manufacturing Industry 75,000.00 Annual Special Policy Award for Advanced Units in Economic Work 440,000.00 Other Subsidies 495,392.37 133,796.37
- Net exposure hedging income
Unit: Yuan
Item Amount for the current period Amount for the previous period
- Gains from changes in fair value
Unit: Yuan
Sources of income from changes in fair value Amount incurred in the current period Amount incurred in the previous period
Total 0.00 0.00
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Investment income
Unit: Yuan
Item Amount for the current period Amount for the previous period
Investment income from trading financial assets during the holding period 31,418.97 86,100.67 Income from derecognition of receivables financing -727,521.58 -757,016.11Total -696,102.61 -670,915.44
- Credit impairment losses
Unit: Yuan
Item Amount for the current period Amount for the previous period
Bad debt losses on accounts receivable 44,803,130.84 28,375,168.27 Bad debt losses on other receivables -1,308,214.01 -1,259,983.97 Total 43,494,916.83 27,115,184.30 Other notes
- Asset impairment losses
Unit: Yuan
Item Amount for the current period Amount for the previous period
1. Inventory depreciation losses and contract performance cost impairment losses 163,490.56
Impairment losses on contract assets 118,685.92 70,582.33 Total 282,176.48 70,582.33
Income from asset disposal
Unit: Yuan
Source of asset disposal income Amount incurred in the current period Amount incurred in the previous period
Gains from disposal of non-current assets not classified as held for sale 85,131.71 -30,187.97
- Non-operating income
Unit: Yuan
Item Amount incurred in the current period Amount incurred in the previous period Amount included in non-recurring gains and losses for the current period Government subsidies 39,897.52 39,897.52 Liquidated damages income 130,982.75 130,982.75 Unpayable accounts payable 279,953.67 279,953.67 Others 9,816.54 20,525.75 9,816.54 Total 460,650.48 20,525.75 460,650.48
- Non-operating expenses
Unit: Yuan
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Item Amount incurred in the current period Amount incurred in the previous period Amount included in non-recurring gains and losses for the current period Loss on scrapping of non-current assets 264,851.10 205,708.96 264,851.10 Others 956,741.02 1,094,658.43 956,741.02 Total 1,221,592.12 1,300,367.39 1,221,592.12
- Income tax expenses
(1) Income tax expense schedule
Unit: Yuan
Item Amount for the current period Amount for the previous period
Current income tax expense 10,401,213.60 9,319,635.78 Deferred income tax expense 641,885.09 -4,956,907.77 Total 11,043,098.69 4,362,728.01
(2) Adjustment process of accounting profits and income tax expenses
Unit: Yuan
Item Amount incurred in this period
Total profit -21,706,229.06 Income tax expenses calculated at statutory/applicable tax rates -3,255,934.36 The impact of different tax rates applicable to subsidiaries -1,431,281.00 The impact of adjusting income taxes in previous periods 7,508,877.65 The impact of non-taxable income -18,787.50 The impact of non-deductible costs, expenses and losses 604,197.80 The impact of using deductible losses that have not been recognized in the previous period -4,250,824.60 The impact of deductible temporary differences or deductible losses that have not been recognized in the current period 18,008,338.33 Additional deductions for research and development expenses -6,121,487.63 Income tax expenses 11,043,098.69
- Other comprehensive income
See Note 57 for details
- Cash flow statement items
(1) Cash related to operating activities
Other cash received related to operating activities
Unit: Yuan
Item Amount for the current period Amount for the previous period
Government subsidies received 7,797,081.64 2,633,874.37 Interest income 266,983.13 1,207,549.15
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Current accounts received and others 49,700,030.54 37,611,485.85 Total 57,764,095.31 41,452,909.37 Other cash paid related to operating activities
Unit: Yuan
Item Amount for the current period Amount for the previous period
Sales expenses paid 18,215,713.43 18,229,707.04 Management expenses and R&D expenses paid 16,668,714.97 12,983,861.61 Current accounts paid and others 57,246,763.32 49,782,160.01 Total 92,131,191.72 80,995,728.66
(2) Cash related to investing activities
Other cash received related to investing activities
Unit: Yuan
Item Amount for the current period Amount for the previous period
Total 0.00 0.00Significant cash received related to investing activities
Unit: Yuan
Item Amount for the current period Amount for the previous period
Description of other cash received related to investing activities:
Other cash paid related to investing activities
Unit: Yuan
Item Amount for the current period Amount for the previous period
Total 0.00 0.00 Significant cash payments related to investing activities
Unit: Yuan
Item Amount for the current period Amount for the previous period
Description of other cash paid related to investment activities:
(3) Cash related to financing activities
Other cash received related to financing activities
Unit: Yuan
Item Amount for the current period Amount for the previous period
Total 0.00 0.00Explanation of other cash received related to financing activities:
Other cash payments related to financing activities
Unit: Yuan
Item Amount for the current period Amount for the previous period
Payment of notes and letter of credit deposit 15,339,371.14 6,028,323.02 Lease liability Rent payment 626,564.10 458,639.77
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Total 15,965,935.24 6,486,962.79 Description of other cash paid related to financing activities:
Changes in various liabilities arising from financing activities
□ApplicableNot applicable
(4) Explanation on presenting cash flow in net amount
Item Relevant facts and circumstances Basis for net presentation Financial impact
(5) Major activities and financial impacts that do not involve current cash receipts and payments but affect the company's financial status or may affect the company's cash flow in the future
- Supplementary information for cash flow statement
(1) Supplementary information for cash flow statement
Unit: Yuan
Supplementary information Amount for the current period Amount for the previous period 1. Reconcile net profit to cash flow from operating activities:
Net profit -32,749,327.75 43,889,736.73 Plus: asset impairment provision -43,777,093.31 -27,185,766.63 Depreciation of fixed assets, depreciation of oil and gas assets, depreciation of productive biological assets 21,419,548.67 22,885,814.83 Depreciation of right-of-use assets 649,930.08 378,798.73 Amortization of intangible assets 2,030,364.08 1,965,479.78 Amortization of long-term prepaid expenses 6,776,387.84 3,713,547.02 Losses on disposal of fixed assets, intangible assets and other long-term assets (income is listed with "-") -85,131.71 30,187.97 Loss from scrapping of fixed assets (income is listed with "-") 264,851.10 205,708.96 Loss from changes in fair value (income is listed with "-")
Financial expenses (income is listed with "-") 11,166,721.44 12,483,342.02 Investment losses (income is listed with "-") -31,418.97 -86,349.56 Decrease in deferred income tax assets (increase is listed with "-") 841,526.13 -4,795,050.35 Increase in deferred income tax liabilities (decreases are indicated by "-") -199,641.03 36,544.91 Decrease in inventories (increases are indicated by "-") -64,626,715.99 -195,611,499.23 Decrease in operating receivables (increases are indicated by "-") -41,896,291.55 -36,826,355.17 Increase in operating payables (decreases are listed with "-") -27,236,797.96 156,954,570.41 Others
Net cash flow generated from operating activities -167,453,088.93 -21,961,289.58 2. Major investing and financing activities that do not involve cash receipts and payments:
debt to capital
Convertible corporate bonds due within one year
Financing leased fixed assets
- Net changes in cash and cash equivalents:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Closing balance of cash 64,091,107.00 248,616,816.18 Less: Opening balance of cash 241,083,669.96 339,272,861.29 Add: Closing balance of cash equivalents
Less: Opening balance of cash equivalents
Net increase in cash and cash equivalents -176,992,562.96 -90,656,045.11
(2) Net cash paid in the current period to acquire subsidiaries
Unit: yuan amount
(3) Net cash received from disposal of subsidiaries in the current period
Unit: yuan amount
(4) Composition of cash and cash equivalents
Unit: Yuan Item Ending balance Beginning balance
Cash 64,091,107.00 241,083,669.96 Of which: Cash on hand 105,980.37 93,847.83 Bank deposits that can be used for payment at any time 63,985,126.63 240,989,822.13
Balance of cash and cash equivalents at the end of the period 64,091,107.00 241,083,669.96
(5) Situations where the scope of use is limited but still represents cash and cash equivalents
Unit: Yuan Item Amount for the current period Amount for the previous period Reasons why it is still cash and cash equivalents
(6) Monetary funds that are not cash and cash equivalents
Unit: Yuan Item Amount for the current period Amount for the previous period Reasons why it does not belong to cash and cash equivalents
Security deposit 26,574,162.96 14,260,615.67 Cannot be withdrawn at any time
Total 26,574,162.96 14,260,615.67
(7) Description of other major activities
- Notes on items in the statement of changes in owners’ equity
Explain the names of "other" items and the amount of adjustments that were made to the closing balance of the previous year:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Foreign currency monetary items
(1) Foreign currency monetary items
Unit: Yuan
Item Foreign currency balance at the end of the period Conversion exchange rate Monetary funds converted into RMB at the end of the period 31,388,747.86 Including: US dollars 4,403,062.73 6.8109 29,988,819.95 Euros 180,238.17 7.7671 1,399,927.91
Hong Kong dollar
Accounts receivable 8,966,492.09 Including: US dollars 902,914.18 6.8109 6,149,658.19 Euros 362,662.24 7.7671 2,816,833.90
Hong Kong dollar
Long-term receivables 3,029,672.21 Including: USD 444,827.00 6.8109 3,029,672.21 Other receivables 198,287.91 Including: USD 29,113.32 6.8109 198,287.91 Long-term borrowings
Of which: US dollars
Euro
Hong Kong dollar
(2) The nature of the lack of currency convertibility and its financial impact, the spot exchange rate used and its estimation process, and the risks faced by the enterprise due to the lack of currency convertibility
□ApplicableNot applicable
(3) Description of overseas operating entities, including for important overseas operating entities, their main overseas operating place, accounting standard currency and basis for selection should be disclosed. If the accounting standard currency changes, the reasons should also be disclosed.
Applicable□Not applicable
Important overseas business entity Main overseas business location Accounting standard currency Basis for selection
CHIEFTAINAMERICAINC Oregon, United States USD Primary Currency Source for Operations
(4) Lack of convertibility between the accounting standard currency of overseas operations and the company’s reporting currency
□ApplicableNot applicable
- Leasing
(1) The company serves as the lessee
Applicable□Not applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Variable lease payments not included in the measurement of lease liabilities
□ApplicableNot applicable
Simplified treatment of short-term leases or lease payments for low-value assets
Applicable□Not applicable
Item Amount
Simplified short-term lease expenses included in the cost of relevant assets or current profits and losses 38,325.00 Involving sale and leaseback transactions
(2) The company as the lessor
Operating lease as lessor
Applicable□Not applicable
Unit: Yuan
Item Lease income Including: Income related to variable lease payments not included in lease receipts Operating lease 3,535,500.09
Total 3,535,500.09
Finance lease as lessor
□ApplicableNot applicable
Undiscounted lease payments for each of the next five years
□ApplicableNot applicable
Reconciliation of undiscounted lease receipts and net lease investment
(3) Recognizing profit and loss from financial lease sales as a manufacturer or distributor
□ApplicableNot applicable
Data resources
Others
8. R&D expenditures
Unit: Yuan
Item Amount for the current period Amount for the previous period
Materials 3,239,644.95 15,964,546.79 Employee compensation 29,634,412.11 29,770,422.13 Depreciation expenses 1,367,575.48 1,098,440.73 Other expenses 2,618,925.18 3,210,963.71 Total 36,860,557.72 50,044,373.36 Including: expensed R&D expenditures 36,860,557.72 50,044,373.36 Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report
- R&D projects that meet capitalization conditions
Unit: Yuan Increase amount in this period Decrease amount in this period
Item Opening balance Internal development Confirmed as N/A Transferred to current period Closing balance Others
Expenditure tangible assets Profit and loss
total
Significant Capitalized R&D Projects
Estimated economic benefits when capitalization begins Specific projects to begin capitalization R&D progress Estimated completion time
way of life point body basis
Impairment provision for development expenditures
Unit: Yuan Item Beginning balance Increase in the current period Decrease in the current period Ending balance Impairment test situation
- Important outsourced research projects
The criteria for judging capitalization or expense and the specific way in which economic benefits are expected to be generated based on the name of the project.
According to
Other notes:
9. Changes in consolidation scope
- Business merger not under common control
(1) Business mergers not under common control that occurred during the current period
Unit: Yuan Purchase date to Purchase date to Purchase date to the purchased party Equity acquisition Equity acquisition Equity acquisition Equity acquisition Equity acquisition Purchased at the end of the period Acquired at the end of the period Acquired at the end of the period
Name Time Point Cost Proportion Method Determination Basis Buyer’s Income Buyer’s Net Buyer’s Cash Income Profit Cash Flow Other instructions:
(2) Merger costs and goodwill
Unit: Yuan combined cost
--cash
--Fair value of non-cash assets
--Fair value of debt issued or assumed
--Fair value of equity securities issued
--Fair value of contingent consideration
--The fair value of the equity held before the purchase date on the purchase date
--Others
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Total combined costs
Less: The amount by which the goodwill/merger cost of the fair value share of identifiable net assets acquired is less than the fair value share of identifiable net assets acquired
Method for determining the fair value of merger costs:
Description of contingent consideration and its changes
The main reasons for the formation of large amounts of goodwill:
Other notes:
(3) The identifiable assets and liabilities of the purchased party on the purchase date
Unit: Yuan
Fair value on acquisition date Book value assets on acquisition date:
Monetary funds
Accounts receivable
Inventory
fixed assets
intangible assets
Liabilities:
borrow money
Accounts payable
Deferred income tax liability
net worth
Less: Minority interests
Net assets acquired
Method for determining the fair value of identifiable assets and liabilities: Contingent liabilities of the acquiree assumed in business combinations: Other instructions:
(4) Gains or losses arising from remeasurement of equity held before the purchase date based on fair value
Is there any transaction that realizes the enterprise merger step by step through multiple transactions and obtains control during the reporting period? YesNo
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(5) Relevant explanations on the inability to reasonably determine the merger consideration or the fair value of the acquiree’s identifiable assets and liabilities on the acquisition date or at the end of the current period of merger.
(6) Other instructions
- Merger of enterprises under common control
(1) Business mergers under the same control that occurred in the current period
Unit: yuan Consolidated current period Consolidated current period
constitute the same
Business combination from the beginning of the period to the merger period from the beginning to the merger period Comparative period Comparative period Enterprises under the control of the merged party on the merger date
Obtained from Merger Date Merger Date Merger Date Merger Merged Party Name of Merged Party Determination basis for business merger
Equity ratio, merger’s acquisition, merger’s net income, basis of net profit
Other instructions for profit:
(2) Merger cost
Unit: Yuan
Merger costs
--cash
--Book value of non-cash assets
--The book value of debt issued or assumed
--The face value of the equity securities issued
--Contingent consideration
Description of contingent consideration and its changes:
Other notes:
(3) Book value of the assets and liabilities of the merged party on the merger date
Unit: Yuan
Merger date Closing assets of the previous period:
Monetary funds
Accounts receivable
Inventory
fixed assets
intangible assets
Liabilities:
borrow money
Accounts payable
net worth
Less: Minority interests
Net assets obtained by Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report
Contingent liabilities of the merged party assumed in a business merger:
Other notes:
- Reverse purchase
Basic information of the transaction, the basis for the transaction constituting a reverse purchase, whether the assets and liabilities retained by the listed company constitute a business and their basis, the determination of the merger cost, the amount of equity adjustment when dealing with equity transactions and its calculation:
- Disposal of subsidiaries
Is there any transaction or event that resulted in the loss of control of a subsidiary during this period Yes No
Is there any situation where investments in subsidiaries are disposed of step by step through multiple transactions and control is lost in the current period?YesNo
- Changes in the scope of consolidation due to other reasons
Explain the changes in the scope of consolidation caused by other reasons (such as the establishment of new subsidiaries, liquidation of subsidiaries, etc.) and their related circumstances:
Beijing Chengyitong Qingchuan Automation Control Equipment Co., Ltd. was canceled this year
- Others
10. Interests in other entities
- Interests in subsidiaries
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(1) Composition of enterprise groups
Unit: yuan shareholding ratio
Name of subsidiary company Registered capital Main place of business Place of registration Nature of business How to obtain
direct indirect
Beijing Ouslai Software Co., Ltd. 500,000.00 Beijing City Beijing City Software Industry 100.00% Investment and establishment
Beijing Chengyitong Technology Co., Ltd. 100,000,000.00 Beijing City Beijing City Manufacturing 100.00% Investment and establishment
Beijing Dongfang Chengyitong Technology Co., Ltd. 16,000,000.00 Beijing City Beijing City Manufacturing 100.00% Business merger under the same control Yancheng Chengyitong Machinery Manufacturing Co., Ltd. 45,000,000.00 Yancheng City, Jiangsu Province Yancheng City, Jiangsu Province Manufacturing 100.00% Business merger under the same control Beijing Chengyitong Borihong Intelligent Equipment Technology Co., Ltd. 15,000,000.00 Beijing City Beijing City Manufacturing 100.00% Business combination not under common control Guangzhou Longzhijie Technology Group Co., Ltd. (former name: Guangzhou Longzhijie Technology Co., Ltd.) 104,117,647.00 Guangzhou City Guangzhou City Manufacturing 100.00% Business combination not under common control Longzhijie Medical Group (Hong Kong) Co., Ltd. 8,148.70 Hong Kong Hong Kong Manufacturing 100.00% Business combination not involving entities under common control Guangzhou Longzhijie Medical Equipment Co., Ltd. 12,000,000.00 Guangzhou City Guangzhou City Manufacturing 100.00% Business combination not involving entities under common control Guangzhou Longzhijie Medical Technology Co., Ltd. 7,500,000.00 Guangzhou City Guangzhou City Manufacturing 100.00% Business merger not under common control Guangzhou Shirui Medical Technology Co., Ltd. 2,000,000.00 Guangzhou City Guangzhou City Manufacturing 80.00% Business merger not under common control Guangzhou Longzhijie Health Science and Technology Research Institute Co., Ltd. 1,000,000.00 Guangzhou City Guangzhou City Manufacturing 100.00% Investment establishment
Changsha Sharon Zhijie Technology Co., Ltd. 10,000,000.00 Changsha City Changsha City Manufacturing 100.00% Investment and establishment
Guangzhou Chenglong Property Management Co., Ltd. 1,000,000.00 Guangzhou City Guangzhou City Property Management 100.00% Investment and establishment
Jiangsu Chengyitong Intelligent Equipment Co., Ltd. 135,000,000.00 Yancheng City, Jiangsu Province Yancheng City, Jiangsu Province Manufacturing 100.00% Investment and establishment
CHIEFTAINAMERICAINC 5,626,400.00 Oregon Oregon Manufacturing 100.00% Investment and establishment
Guangzhou Zhanghe Intelligent Technology Co., Ltd. 2,000,000.00 Guangzhou City Guangzhou City Manufacturing 65.00% Business merger not under common control Beijing Chengyitong Wanjielang Biotechnology Co., Ltd. 5,000,000.00 Beijing City Beijing City Manufacturing 55.00% Investment establishment
Beijing Naolian Technology Co., Ltd. 30,000,000.00 Beijing City Beijing City Manufacturing 60.00% Investment and establishment
Beijing Jingyan Zhihui Technology R&D Co., Ltd. 1,000,000.00 Beijing City Beijing City Technology Promotion Services 51.00% Investment and establishment
Jiangsu Jiangcheng Intelligent Equipment Co., Ltd. 20,000,000.00 Yancheng City, Jiangsu Province Yancheng City, Jiangsu Province Manufacturing 100.00% Investment and establishment
Guangzhou Longzhijie Rehabilitation Equipment Co., Ltd. 2,000,000.00 Guangzhou City Guangzhou City Manufacturing 100.00% Investment and establishment
Guangzhou Longzhijie Health Industry Co., Ltd. 2,000,000.00 Guangzhou City Guangzhou City Manufacturing 100.00% Investment and establishment
Beijing Chengyitong Control Technology Group Co., Ltd.'s 2026 semi-annual report explains that the shareholding ratio in subsidiaries is different from the voting rights ratio:
Basis for holding half or less of the voting rights but still controlling the invested unit, and holding more than half of the voting rights but not controlling the invested unit:
For important structured entities included in the scope of consolidation, the basis for control is:
Basis for determining whether a company is agent or principal:
(2) Important non-wholly owned subsidiaries
Unit: Yuan Announcement to minority shareholders in the current period. Name of remaining company with minority shareholders’ equity at the end of the period. Shareholding ratio of minority shareholders. Profit and loss attributable to minority shareholders in the current period.
Explanation on the difference between the shareholding ratio of minority shareholders of the company and the proportion of voting rights in the amount of dividends paid:
(3) Main financial information of important non-wholly owned subsidiaries
Unit: Yuan Ending balance Beginning balance
Zigong
Non-Current Non-Current Non-Current Non-Current Company Name Current Assets Current Liabilities Current Assets Current Liabilities Current Assets Liquid Assets Liquid Assets Total Assets Total Liabilities Total Assets Debt Assets Debt Unit: Yuan Amount incurred in the current period Amount incurred in the previous period
Subsidiary name
Comprehensive Income Operating Activities Comprehensive Income Operating Activities Operating Income Net Profit Operating Income Net Profit
Total Cash Flow Total Cash Flow Other instructions:
(4) Significant restrictions on the use of enterprise group assets and repayment of enterprise group debts
(5) Financial support or other support provided to structured entities included in the scope of consolidated financial statements
Other notes:
- Transactions in which the owner’s equity share in the subsidiary changes and the subsidiary still controls the subsidiary
(1) Description of changes in owner’s equity shares of subsidiaries
(2) The impact of the transaction on minority shareholders’ equity and owner’s equity attributable to the parent company
Unit: Yuan purchase cost/disposal consideration
--cash
--Fair value of non-cash assets
Total purchase cost/disposal consideration
Less: Share of net assets of subsidiaries calculated based on the proportion of equity acquired/disposed of
difference
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Including: Adjustment of capital reserve
Adjust the surplus reserve
Adjust undistributed profits
Other instructions
- Interests in joint ventures or associated enterprises
(1) Important joint ventures or associates
Shareholding ratio Investment in joint ventures or joint ventures or associates Main business place Registration place Nature of business Name of operating enterprise Direct and indirect accounting treatment method
Explanation that the proportion of French shares held in a joint venture or associated enterprise is different from the proportion of voting rights: the basis for holding less than 20% of the voting rights but having significant influence, or holding 20% or more of the voting rights but not having significant influence:
(2) Main financial information of important joint ventures
Unit: Yuan
Ending balance/amount of the current period Beginning balance/amount of the previous period
current assets
Of which: cash and cash equivalents
non-current assets
Total assets
current liabilities
non-current liabilities
Total liabilities
minority interests
Equity attributable to shareholders of the parent company
Share of net assets calculated based on shareholding ratio
Adjustments
--Goodwill
--Unrealized profits from internal transactions
--Others
Book value of equity investments in joint ventures
Fair value operating income from equity investments in joint ventures with publicly quoted prices
financial charges
income tax expense
net profit
Net profit from discontinued operations
other comprehensive income
Total comprehensive income
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Dividends received from joint ventures during the year
(3) Main financial information of important associates
Unit: Yuan
Ending balance/amount of the current period Beginning balance/amount of the previous period
current assets
non-current assets
Total assets
current liabilities
non-current liabilities
Total liabilities
minority interests
Equity attributable to shareholders of the parent company
Share of net assets calculated based on shareholding ratio
Adjustments
--Goodwill
--Unrealized profits from internal transactions
--Others
Book value of equity investments in associates
There are equity investments in joint ventures that are publicly quoted
fair value
operating income
net profit
Net profit from discontinued operations
other comprehensive income
Total comprehensive income
Dividends received from associates during the year
(4) Summary financial information of unimportant joint ventures and associates
Unit: Yuan
Ending balance/Amount incurred in the current period Opening balance/Amount incurred in the previous period Joint ventures:
The total of the following items calculated based on shareholding ratio
Associates:
The total of the following items calculated based on shareholding ratio
(5) Explanation of significant restrictions on the ability of joint ventures or associates to transfer funds to the company
(6) Excess losses incurred by joint ventures or associates
Unit: Yuan
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Unrecognized losses in the current period (or
Name of joint venture or associated enterprise Accumulated unrecognized losses in previous periods Accumulated unrecognized losses at the end of the period
shared net profit)
(7) Unconfirmed commitments related to investment in joint ventures
(8) Contingent liabilities related to investments in joint ventures or associates
- Important joint operations
Shareholding ratio/share joint business name Main place of business Registration place Nature of business
Explanation on whether the direct or indirect shareholding ratio or share in a joint operation is different from the voting right ratio:
If the joint operation is a separate entity, the basis for classifying it as a joint operation is:
- Equity in structured entities not included in the scope of consolidated financial statements
Relevant instructions for structured entities not included in the scope of consolidated financial statements:
- Others
11. Government subsidies
- Government subsidies recognized according to the amount receivable at the end of the reporting period
□ApplicableNot applicable
Reasons for failure to receive the estimated amount of government subsidy at the estimated time
□ApplicableNot applicable
- Liability items involving government subsidies
Applicable□Not applicable
Unit: Yuan Newly added in this period This period is included in the business This period is transferred to other changes and assets/income accounting accounts in this period Opening balance Ending balance
Amount of subsidy Amount of external income Amount of other income Movement Related deferred income 7,994,034.68 132,254.22 7,861,780.46 Related to assets
- Government subsidies included in current profits and losses
Applicable□Not applicable
Unit: Yuan
Accounting items Amount for the current period Amount for the previous period Other income 7,797,081.64 2,795,786.97
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
12. Risks related to financial instruments
(1) Various risks arising from financial instruments
The company's goal in risk management is to strike a balance between risks and returns, minimize the negative impact of risks on the company's operating performance, and maximize the interests of shareholders and other equity investors. Based on this risk management objective, the company's basic risk management strategy is to confirm and analyze the various risks faced by the company, establish an appropriate risk tolerance bottom line and conduct risk management, and supervise various risks in a timely and reliable manner to control risks within a limited range.
The Company faces various risks related to financial instruments in its daily activities, mainly including credit risk, liquidity risk and market risk. Management has reviewed and approved policies for managing these risks, summarized below:
- Credit risk
The Company's credit risk is mainly related to accounts receivable, other receivables and notes receivable. The company formulates relevant policies to control credit risks. At the same time, it evaluates the customer's credit qualifications and sets corresponding credit periods based on the customer's financial status, the possibility of obtaining guarantees from third parties, credit records and other factors such as current market conditions. It regularly conducts continuous monitoring of customer credit records and takes measures to strengthen the recovery management of accounts receivable. For customers with poor credit records, the company will use written reminders, shorten the credit period or cancel the credit period to ensure that the company's overall credit risk is within a controllable range.
- Liquidity risk
In order to control liquidity risks, the Company comprehensively uses various financing methods such as bill settlement and bank borrowings to maintain a balance between financing continuity and flexibility. As of June 30, 2026, the company has sufficient liquidity and low liquidity risk. The Company's various financial liabilities are listed as follows based on maturity dates:
Ending balance
Project
Within 1 year 1-5 years More than 5 years Total
Short-term borrowings 564,575,753.51 564,575,753.51 Notes payable 381,749,119.70 381,749,119.70 Accounts payable 279,698,748.63 279,698,748.63 Other payables 15,914,231.35 15,914,231.35 Non-current liabilities due within one year 27,220,173.38 27,220,173.38 Long-term borrowings 14,100,000.00 88,547,457.62 102,647,457.62 Lease liabilities 881,359.36 881,359.36 Total 1,270,039,385.93 14,100,000.00 88,547,457.62 1,372,686,843.55
Opening balance
Project
Within 1 year 1-5 years More than 5 years Total
Short-term borrowings 519,665,992.81 519,665,992.81 Notes payable 411,624,446.77 411,624,446.77 Accounts payable 293,815,666.02 293,815,666.02 Other payables 63,696,340.49 63,696,340.49 Non-current liabilities due within one year 36,978,200.61 36,978,200.61
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report Long-term borrowings 18,500,000.00 92,490,677.96 110,990,677.96 Lease liabilities 1,520,282.60 1,520,282.60 Total 1,327,300,929.30 18,500,000.00 92,490,677.96 1,438,291,607.26 3) Market risk
①Interest rate risk
The interest rate risk faced by the Company mainly comes from bank borrowings, etc. The company's current long-term and short-term borrowings are fixed-rate and floating-rate borrowings, and it manages interest rate risks by closely monitoring interest rate changes and regularly reviewing borrowings.
②Foreign exchange risk
The company's main operations are located in China. Except for its subsidiary CHIEFTAINAMERICAINC established in the United States, which uses US dollars as its accounting standard currency, other companies use RMB as its accounting standard currency. Most of the company's main and ongoing businesses are denominated and settled in RMB, and some of its current customers or suppliers use U.S. dollars and euros for settlement. The risk of exchange rate changes is mainly related to the company's foreign currency monetary assets and liabilities. The company's management is responsible for monitoring exchange rate risks. For foreign currency assets and liabilities, if there is a short-term imbalance, the company will buy and sell foreign currencies at market exchange rates when necessary to ensure that the net risk exposure is maintained at an acceptable level.
- Hedging
(1) The company carries out hedging business for risk management
□ApplicableNot applicable
(2) The company carries out qualified hedging business and applies hedging accounting
Unit: Yuan Confirmed hedged items
The effectiveness of the hedge and the absence of a hedge are included in the hedged item and the carrying value of the hedge. Hedge accounting has a negative impact on the company's financial items.
The related book value of period instruments and the cumulative fair effect of hedged items are partly derived from the relevant impact on financial statements.
Value Hedge Adjustment
Hedging risk type
Hedging category
(3) The company carries out hedging business for risk management and expects to achieve risk management objectives but does not apply hedging accounting
□ApplicableNot applicable
- Financial assets
(1) Classification of transfer methods
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report (2) Financial assets derecognized due to transfer
□ApplicableNot applicable
(3) Continued involvement in asset transfer financial assets
□ApplicableNot applicable
Other instructions
13. Disclosure of fair value
- Closing fair value of assets and liabilities measured at fair value
Unit: Yuan Ending Fair Value
Project
Level 1 fair value measurement Second level fair value measurement Third level fair value measurement Total
- Continuous fair value measurement -- -- -- --
(3) Investment in other equity instruments 597,500.00 597,500.00 Accounts receivable financing 5,387,604.93 5,387,604.93 Total assets continuously measured at fair value 5,985,104.93 5,985,104.93
Non-continuous fair value measurement -- -- -- --
Basis for determining the market price of continuous and non-continuous first-level fair value measurement items
Continuous and non-continuous second-level fair value measurement items, valuation techniques used and qualitative and quantitative information on important parameters
Continuous and non-continuous third-level fair value measurement projects, valuation techniques used and qualitative and quantitative information on important parameters
For receivables financing, because the recovery amount is fixed and the term is short, the company measures the face amount as a reasonable estimate of fair value. For other equity instrument investments without publicly quoted prices, since the operating environment, operating conditions and financial status of the invested enterprise have not changed significantly, the company uses the investment cost as the best estimate of fair value.
For trading financial assets, the valuation of continuous Level 3 fair value measurement items in the consolidated financial statements is based on valuation quotes obtained by management from the counterparty, or
Use valuation techniques to determine its fair value.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Continuous third-level fair value measurement items, reconciliation information between the opening and closing book values and sensitivity analysis of unobservable parameters
For ongoing fair value measurement items, if there is a conversion between various levels during the current period, the reasons for the conversion and the policy for determining the time of conversion
Valuation technology changes that occurred during the current period and reasons for the changes
Fair value of financial assets and financial liabilities not measured at fair value
Others
14. Related parties and related transactions
- Information about the parent company of this enterprise
Parent company to this enterprise Parent company to this enterprise Parent company name Place of registration Nature of business Registered capital
The shareholding ratio and the voting rights ratio of Beijing Liweite Investment
Beijing Investment and Asset Management 1,9500,000.00 18.75% 18.75% Limited Liability Company
Description of the parent company of this enterprise
The ultimate controlling party of this enterprise is: the actual controllers of the company are Liang Xuexian and Liang Kai.
- Information about the company’s subsidiaries
For details of the company's subsidiaries, please see Note 10. Equity in other entities.
- Information on joint ventures and associated enterprises of the enterprise
Please see the notes for details of the company's important joint ventures or associates.
The situation of other joint ventures or associates that have related party transactions with the company in the current period, or related party transactions with the company in previous periods that resulted in balances is as follows:
Name of joint venture or associated enterprise Relationship with this enterprise
- Other related parties
Names of other related parties Relationship between other related parties and the company Beijing Jianzubao Technology Co., Ltd. The company holds more than 5% of its equity
Jianzubao Health Service (Shanghai) Co., Ltd. Weikerui (Beijing) Environmental Technology Co., Ltd., a subsidiary of Beijing Jianzubao Technology Co., Ltd. The same actual controller
Beijing Jianjishi Rehabilitation Technology Co., Ltd. Same actual controller
Beijing Bingjie Information Technology Co., Ltd. Same actual controller
- Related transactions
(1) Related transactions related to the purchase and sale of goods, provision and receipt of services
Procurement of goods/service acceptance form
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Unit: Yuan Whether it exceeds the transaction amount
Related parties Related party transaction content Amount incurred in the current period Approved transaction quota Amount incurred in the previous period
List of goods sold/services provided
Unit: Yuan Related party Contents of related transactions Amount incurred in the current period Amount incurred in the previous period Wekerui (Beijing) Environmental Technology Co., Ltd. Product sales 143,553.00
Description of related transactions for purchasing and selling goods, providing and receiving services
(2) Related entrusted management/contracting and entrusted management/outsourcing situation
The company's entrusted management/contracting status table:
Unit: Yuan Consignor/contractor confirmed in this period Entrustee/contractor Entrusted/contracted assets Beginning of entrustment/contracting Termination of entrustment/contracting Custody income/contracting
Management revenue/contract revenue name Name Type Day Day Revenue pricing basis
benefit
Description of associated hosting/contracting situations
The company’s entrusted management/outsourcing status table:
Unit: Yuan Client/outsourcing party Trustee/contractor Entrustment/outsourcing assets Entrustment/outsourcing start End of entrustment/outsourcing Custody fee/outsourcing fee Trust name confirmed in this period Name Type Day Day Pricing basis Management fee/outsourcing fee related management/outsourcing situation description
(3) Related leasing situation
As a lessor, our company:
Unit: Yuan Name of lessee Type of leased assets Lease income recognized in the current period Lease income recognized in the previous period
As a lessee, our company:
Unit: Yuan Short-term simplified treatment not included in lease liabilities
Leases and low-value assets Variable leases measured Lease liabilities assumed Increased rent paid for right-of-use assets
Lessor Lease asset Rental payment (if appropriate) Interest expense Asset
Name Product Category Use (if applicable)
Issued in this period Issued in the previous period Issued in this period Issued in the previous period Issued in this period Issued in the previous period Issued in this period Issued in the previous period Issued in this period
(4) Related guarantees
The company acts as a guarantor
Unit: Yuan Guaranteed party Guarantee amount Guarantee starting date Guarantee expiry date Whether the guarantee has been fulfilled
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Complete
The company as the guaranteed party
Unit: Yuan guarantee has been fulfilled by the guarantor. Guarantee amount. Guarantee starting date. Guarantee expiry date.
Complete
Description of related guarantees
(5) Fund lending by related parties
Unit: Yuan
Related parties Borrowing amount Start date Maturity date Description
dismantle
take out
(6) Asset transfer and debt restructuring of related parties
Unit: Yuan
Related parties Related party transaction content Amount incurred in the current period Amount incurred in the previous period
(7) Remuneration of key management personnel
Unit: Yuan
Item Amount for the current period Amount for the previous period
Remuneration of key management personnel 1,184,311.60 2,399,760.35
(8) Other related transactions
- Accounts receivable and payable from related parties
(1) Items receivable
Unit: Yuan
Ending balance Beginning balance
Project name Related parties
Book balance Bad debt provision Book balance Bad debt provision Accounts receivable Beijing Jiuzubao Technology Co., Ltd. 147,600.00 147,600.00 147,600.00 147,600.00 Accounts receivable Weikerui (Beijing) Environmental Technology Co., Ltd. 2,064,600.00 220,701.31 2,064,600.00 446,684.84 Accounts receivable Beijing Jianjishi Rehabilitation Technology Co., Ltd. 156,500.00 53,318.05 156,500.00 56,422.50 Accounts receivable Jianzhubao Health Services (Shanghai) Co., Ltd. 16,422.00 16,422.00 16,422.00 16,422.00
(2) Payable items
Unit: Yuan
Project name Related party Book balance at the end of the period Book balance at the beginning of the period Accounts payable Wekerui (Beijing) Environmental Technology Co., Ltd. 1,417,985.19 1,417,985.19
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report Accounts Payable Beijing Bingjie Information Technology Co., Ltd. 400,000.00 400,000.00
Related party commitments
Others
15. Share-based payment
- Overall situation of share-based payment
□ApplicableNot applicable
- Equity-settled share-based payment
□ApplicableNot applicable
- Share-based payment settled in cash
□ApplicableNot applicable
- Share-based payment expenses for this period
□ApplicableNot applicable
Modification and termination of share-based payment
Others
16. Commitments and contingencies
- Important commitments
Important commitments existing on the balance sheet date: As of the balance sheet date, the company has no major commitments that need to be disclosed.
- Contingent matters
(1) Important contingencies existing on the balance sheet date
As of the balance sheet date, the company has no major contingencies that need to be disclosed. (2) The company has no important contingencies that need to be disclosed, which should also be explained.
The company has no important contingencies that need to be disclosed. Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Others
17. Events after the balance sheet date
- Important non-adjustment matters
Unit: Yuan Item Content Impact on financial status and operating results Reasons why the impact cannot be estimated
Profit distribution
Sales return
Description of other post-balance sheet events
As of the approval date of this report, the company has no major post-balance sheet events that need to be disclosed.
18. Other important matters
- Correction of accounting errors in the previous period
(1) Retrospective restatement method
Unit: Yuan Accounting error correction content Processing procedure Name of statement items in each affected comparative period Cumulative impact number (2) Prospective application method
Contents of correction of accounting errors Approval process Reasons for adopting prospective application method
Debt restructuring
Asset replacement
(1) Non-monetary asset exchange
(2) Other asset replacements
Annuity plan
Termination of operations
Unit: Yuan Item Income Expenses Total Profit Income Tax Expenses Net Profit Termination Operations attributable to the Owners of the Parent Company
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
operating profit
- Branch information
(1) Basis for determination of reporting segments and accounting policies
The company's reportable segments are mainly divided into: automation control segment and rehabilitation medical segment according to different types of business operations.
(2) Financial information of reportable segments
Unit: Yuan
Items Intelligent manufacturing business Rehabilitation medical business Inter-segment elimination Total
Operating income 256,790,057.47 90,859,635.81 347,649,693.28
Operating costs 236,025,350.34 39,622,530.25 275,647,880.59
Credit impairment losses 39,768,420.54 3,726,496.29 43,494,916.83
Asset impairment losses 282,176.48 0.00 282,176.48
Depreciation and amortization 17,723,354.19 13,152,876.48 30,876,230.67
Total profit -12,644,733.34 -8,751,719.75 -309,775.97 -21,706,229.06
Income tax expenses 293,728.05 10,795,837.04 -46,466.40 11,043,098.69
Net profit attributable to owners of the parent company -9,258,049.59 -19,550,390.44 -263,309.57 -29,071,749.60
Total assets 2,564,664,645.20 809,660,017.94 -253,409,483.18 3,120,915,179.96
Total liabilities 1,625,193,393.74 307,814,521.21 -85,755,116.60 1,847,252,798.35
(3) If the company has no reportable segments, or cannot disclose the total assets and total liabilities of each reportable segment, the reasons should be explained.
(4) Other instructions
Other important transactions and matters that have an impact on investors’ decision-making
Others
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
19. Notes on main items of the parent company’s financial statements
- Accounts receivable
(1) Disclosure based on aging
Unit: Yuan
Aging Book balance at the end of the period Book balance at the beginning of the period
Within 1 year (including 1 year) 160,031,056.44 139,504,386.23 1 to 2 years 126,000,595.74 167,453,681.51 2 to 3 years 134,791,758.18 127,283,156.63 More than 3 years 83,273,834.04 81,925,206.73 3 to 4 years 31,557,085.29 29,046,622.15 4 to 5 years 20,919,701.29 30,249,951.28
More than 5 years 30,797,047.46 22,628,633.30 Total 504,097,244.40 516,166,431.10
(2) Classified disclosure according to bad debt accrual method
Unit: Yuan Ending balance Beginning balance
Book balance Provision for bad debts Book balance Provision for bad debts
Category
Provision Ratio Book Value Provision Ratio Book Value Amount Ratio Amount Amount Ratio Amount
Example Example
Accounts receivable with provision for bad debts on an individual basis 8,630,658.43 1.71% 8,630,658.43 100.00% 0.00 8,630,658.43 1.67% 8,630,658.43 100.00% 0.00 Accounts receivable with provision for bad debts on a group basis 495,466,585.97 98.29% 54,756,119.43 11.05% 440,710,466.54 507,535,772.67 98.33% 83,592,102.48 16.47% 423,943,670.19 Of which: Portfolio 1: Aging portfolio 395,036,368.96 78.37% 54,756,119.43 13.86% 340,280,249.53 401,316,364.44 77.75% 83,592,102.48 20.83% 317,724,261.96
Portfolio 2: Portfolio within the consolidation scope 100,430,217.01 19.92% 100,430,217.01 106,219,408.23 20.58% 106,219,408.23 Total 504,097,244.40 100.00% 63,386,777.86 12.57% 440,710,466.54 516,166,431.10 100.00% 92,222,760.91 17.87% 423,943,670.19
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Category name of bad debt provision for individual items:
Unit: Yuan Beginning balance Ending balance
Name
Book balance Bad debt provision Book balance Bad debt provision Provision ratio Reason for provision Individual provision for bad debts Customer 1 3,290,996.77 3,290,996.77 3,290,996.77 3,290,996.77 100.00% It is expected that the individual provision for bad debts cannot be recovered Customer 2 2,520,161.90 2,520,161.90 2,520,161.90 2,520,161.90 100.00% It is expected that the individual provision for bad debts cannot be recovered from customer 3 2,487,699.76 2,487,699.76 2,487,699.76 2,487,699.76 100.00% Total of other units expected to be unrecoverable 331,800.00 331,800.00 331,800.00 331,800.00 100.00% Total of other units expected to be unrecoverable 8,630,658.43 8,630,658.43 8,630,658.43 8,630,658.43
Category names of bad debt provisions accrued by portfolio:
Unit: Yuan ending balance
Name
Book balance Bad debt provision Provision ratio
Within 1 year 107,091,081.93 3,630,387.68 3.39% 1 to 2 years 97,197,961.54 7,357,885.71 7.57% 2 to 3 years 131,684,745.53 16,263,066.10 12.34% 3 to 4 years 27,192,610.24 5,571,765.85 20.49% 4 to 5 years 15,224,384.29 5,287,428.66 34.73% More than 5 years 16,645,585.43 16,645,585.43 100.00% total 395,036,368.96 54,756,119.43
Description of what this combination is based on:
If bad debt provisions for accounts receivable are made according to the general expected credit loss model:
□ApplicableNot applicable
(3) Bad debt provisions accrued, recovered or reversed in the current period
Bad debt provisions for the current period:
Unit: Yuan Amount of changes in the current period
Category Beginning Balance Ending Balance
Provision Recovery or transfer Write-off Others
Bad debt provision for accounts receivable 92,222,760.91 -27,983,258.95 852,724.10 63,386,777.86 Total 92,222,760.91 -27,983,258.95 852,724.10 63,386,777.86 Among them, the amount of bad debt provision recovery or reversal in the current period is important:
Unit: Yuan Unit name Amount recovered or reversed Reason for reversal Method of recovery Basis and rationality for determining the proportion of original provision for bad debts
(4) Accounts receivable actually written off in the current period
Unit: Yuan
Item Write-off Amount
Accounts receivable actually written off 852,724.10
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Important write-offs of accounts receivable:
Unit: Yuan
Company name Nature of accounts receivable Write-off amount Reason for write-off Performed write-off procedures Whether the amount is generated by related transactions Write-off receivable from customer 1 Sales of goods 479,400.00 Unrecoverable Internal approval No
Write off the sales amount of goods receivable from customer 2 144,559.40 Unable to collect Internal approval No
Total 623,959.40
(5) Accounts receivable and contract assets of the top five closing balances collected by debtors
Unit: Yuan accounts receivable and contract assets Bad debt provision for accounts receivable and accounts receivable at the end of the period Contract assets period Accounts receivable and contracts
Unit name Total balance at the end of the production period Contract asset impairment provision balance Ending balance Asset end balance
Ratio Closing balance
No. 1 customer receivable 56,126,660.37 56,126,660.37 10.99%
The second largest customer receivable 48,938,390.80 48,938,390.80 9.58% 6,034,633.45 The third largest customer receivable 23,532,107.68 23,532,107.68 4.61% 1,781,380.55 The fourth largest customer receivable 20,897,123.95 20,897,123.95 4.09% 708,412.50 The fifth largest customer receivable 17,870,106.90 17,870,106.90 3.50% 1,148,607.53 Total 167,364,389.70 167,364,389.70 32.77% 9,673,034.03
- Other receivables
Unit: Yuan
Item Ending balance Beginning balance
Interest receivable 0.00 Dividends receivable 0.00 Other receivables 433,732,385.76 426,407,161.58 Total 433,732,385.76 426,407,161.58
(1) Interest receivable
- Classification of interest receivable
Unit: Yuan
Item Ending balance Beginning balance
Total 0.00
- Important overdue interest
Unit: Yuan
Borrowing unit Closing balance Overdue time Reason for overdue Whether impairment occurs and the basis for judgment
- Classified disclosure according to bad debt accrual method
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Bad debt provisions accrued, recovered or reversed in the current period
Unit: Yuan Amount of changes in the current period
Category Opening balance Ending balance Provision Recovery or reversal Write-off or write-off Other changes
Among them, the amount of recovery or reversal of bad debt provisions for the current period is important:
Unit: Yuan Unit name Amount recovered or reversed Reason for reversal Method of recovery Basis and rationality for determining the proportion of original provision for bad debts
- Interest receivable actually written off in the current period
Unit: yuan item write-off amount
Among them, the important write-off of interest receivable
Unit: Whether the yuan amount is paid by the name of the related unit, nature of the amount, write-off amount, write-off reason, write-off procedures performed
transaction generated
Write-off instructions:
Other notes:
(2) Dividends receivable
- Classification of dividends receivable
Unit: yuan project (or invested unit) Ending balance Beginning balance
Total 0.00
- Important dividends receivable aged more than 1 year
Unit: Yuan Whether impairment occurs and the judgment item (or invested unit) Closing balance Aging Reason for non-recovery
Judgment basis
- Classified disclosure according to bad debt accrual method
□ApplicableNot applicable
- Bad debt provisions accrued, recovered or reversed in the current period
Unit: Yuan Amount of changes in the current period
Category Opening balance Ending balance Provision Recovery or reversal Write-off or write-off Other changes
Among them, the amount of recovery or reversal of bad debt provisions for the current period is important:
Unit: Yuan
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Determine the name of the original bad debt provision accrual unit, the amount recovered or reversed, the reason for the reverse, the method of recovery, the basis for the ratio and its reasonableness
sex
- Dividends receivable actually written off in the current period
Unit: Yuan
Item Write-off Amount
Among them, the important write-off of dividends receivable
Unit: Whether the yuan amount is paid by the name of the related unit, nature of the amount, write-off amount, write-off reason, write-off procedures performed
Instructions for writing off transactions:
(3) Other receivables
- Classification of other receivables according to nature of payment
Unit: Yuan
Nature of payment Book balance at the end of the period Book balance at the beginning of the period
Current accounts 422,562,407.41 414,919,235.81 Security deposits and deposits 9,193,292.88 9,710,348.58 Reserve funds 3,732,630.37 2,717,290.84 Tax refunds receivable 229,494.74 283,730.01 Less: Bad debt provision -1,985,439.64 -1,223,443.66 Total 433,732,385.76 426,407,161.58
- Disclosure based on aging
Unit: Yuan
Aging Book balance at the end of the period Book balance at the beginning of the period
Within 1 year (including 1 year) 117,637,265.91 182,416,886.47 1 to 2 years 134,878,012.98 48,794,848.78 2 to 3 years 44,944,800.00 26,632,255.00 More than 3 years 138,257,746.51 169,786,614.99 3 to 4 years 26,612,255.00 47,789,898.07 4 to 5 years 47,689,898.07 25,077,182.30
More than 5 years 63,955,593.44 96,919,534.62 Total 435,717,825.40 427,630,605.24
- Classified disclosure according to bad debt accrual method
Unit: Yuan
Category Closing Balance Opening Balance
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Book balance Provision for bad debts Book balance Provision for bad debts
Book price Book price provision ratio Provision ratio
Amount Ratio Amount Value Amount Ratio Amount Value
Example Example
Among them:
Among them:
Provision for bad debts is made based on the general expected credit loss model:
Unit: Yuan Phase 1 Phase 2 Phase 3
Bad debt provision Expected for the next 12 months Expected credit for the entire duration Expected credit losses for the entire duration Total
Credit loss Loss (no credit impairment has occurred) Loss (credit impairment has occurred)
Balance on January 1, 2026 1,223,443.66 1,223,443.66 Balance on January 1, 2026 in the current period
Provision for the current period 761,995.98 761,995.98 Balance on June 30, 2026 1,985,439.64 1,985,439.64 Basis for division of each stage and proportion of provision for bad debts
Changes in book balances with significant changes in loss provision during the period
□ApplicableNot applicable
- Bad debt provisions accrued, recovered or reversed in the current period
Bad debt provisions for the current period:
Unit: Yuan Amount of changes in the current period
Category Beginning Balance Ending Balance
Provision Recovery or transfer Write-off or write-off Others
Provision for bad debts of other receivables 1,223,443.66 761,995.98 1,985,439.64 Total 1,223,443.66 761,995.98 1,985,439.64
Among them, the amount of bad debt provision for the current period that is reversed or recovered is important:
Unit: Yuan Unit name Amount recovered or reversed Reason for reversal Method of recovery Basis and rationality for determining the proportion of original provision for bad debts
- Other receivables actually written off in the current period
Unit: Yuan
Item Write-off Amount
Important write-offs of other receivables:
Unit: Whether the Yuan amount is paid by the related unit. Nature of other receivables. Write-off amount. Reason for write-off. Write-off procedures performed.
Instructions for writing off other receivables arising from transactions:
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
- Other receivables with top five closing balances collected by debtors
Unit: Yuan
Name of the company Nature of the payment Closing balance Aging Proportion to the total closing balance of other receivables Bad debt provision Closing balance Yancheng Chengyitong Machinery Manufacturing Co., Ltd. Related party transactions 418,646,804.98 Within 5 years and more than 5 years 96.08%
Beijing Chengyitong Borihong Intelligent Equipment Technology Co., Ltd. Related party transactions 2,436,717.65 Within 1 year 0.56%
The third largest other receivable customer, deposits and deposits 1,694,000.00 1-2 years and 2-3 years 0.39% 439,087.20 The fourth largest other receivable customer, deposits and deposits 1,432,849.28 1-2 years 0.33% 267,942.80 The fifth largest other receivable customer, deposits and deposits 1,147,199.50 1-2 years 0.26% 214,526.31 Total 425,357,571.41 97.62% 921,556.31
- Presented in other receivables due to centralized management of funds
- Long-term equity investment
Unit: Yuan Ending balance Beginning balance
Project
Book balance Impairment provision Book value Book balance Impairment provision Book value Investment in subsidiaries 1,016,920,462.42 1,016,920,462.42 1,007,920,462.42 1,007,920,462.42 Total 1,016,920,462.42 1,016,920,462.42 1,007,920,462.42 1,007,920,462.42
(1) Investment in subsidiaries
Unit: Yuan Increase or decrease in the current period
The balance at the beginning of the period (book impairment provision) and the ending balance (book impairment provision for the invested unit) are reduced. Provisions are reduced.
value) opening balance additional investment value) ending balance
Investment is worth preparing him
Yancheng Chengyitong Machinery Manufacturing Co., Ltd. 44,330,081.12 44,330,081.12
Beijing Oriental Chengyitong Technology Co., Ltd. 19,523,415.30 19,523,415.30
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report Beijing Ouslai Software Co., Ltd. 500,000.00 500,000.00 Beijing Chengyitong Technology Co., Ltd. 191,117,900.00 191,117,900.00 Beijing Chengyitong Borihong Intelligent Equipment Technology Co., Ltd. 130,144,900.00 130,144,900.00 Guangzhou Longzhijie Technology Group Co., Ltd. (former name: Guangzhou Longzhijie Technology Co., Ltd.) 608,468,966.00 608,468,966.00 CHIEFTAINAMERICAINC 5,626,400.00 5,626,400.00 Beijing Naolian Technology Co., Ltd. 8,208,800.00 9,000,000.00 17,208,800.00Total 1,007,920,462.42 9,000,000.00 1,016,920,462.42
(2) Investment in associates and joint ventures
Unit: Beginning of the Yuan period Increase or decrease in the current period
Impairment
Balance
Investment provision ending balance (book impairment provision ending
(Account Addition Decrease Recognized under the equity method Other comprehensive income Other equity Announced cash distribution Provision for impairment
Unit Beginning of the Period Other Value) Balance Face Price Investment Investment Gains and Losses Adjustment Changes Dividend or Profit Provision
Balance
value)
1. Joint ventures
2. Joint ventures
The recoverable amount is determined as the net amount after fair value minus disposal costs.
□ApplicableNot applicable
The recoverable amount is determined based on the present value of expected future cash flows.
□ApplicableNot applicable
Reasons for the obvious inconsistency between the aforementioned information and the information used in impairment testing in previous years or external information
Reasons for the discrepancy between the information used in the company's impairment testing in previous years and the actual situation of that year.
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
(3) Other instructions
- Operating income and operating costs
Unit: Yuan Amount of current period Amount of previous period
Project
revenue cost revenue cost
Main business 206,366,569.24 171,440,164.65 217,482,486.44 163,967,611.15 Other businesses 1,522,039.63 1,613,105.77 3,227,000.24 1,596,516.80 Total 207,888,608.87 173,053,270.42 220,709,486.68 165,564,127.95 Breakdown information of operating income and operating costs:
Unit: Yuan Division 1 Total
Contract classification
Operating income Operating cost Operating income Operating cost Business type
Among them:
Intelligent manufacturing business 207,888,608.87 173,053,270.42 207,888,608.87 173,053,270.42 Classified by time of commodity transfer
Among them:
Revenue recognized at a certain point in time 207,155,703.60 172,838,661.91 207,155,703.60 172,838,661.91Total
Information related to performance obligations:
The company's pre-payments, the company's performance obligations, and the important payment terms. The company's commitment to transfer is the main responsibility.
The item will be refunded to the customer during the period. The type and time of the quantity guarantee. The nature of the goods. Anyone.
Account’s money and other explanations of related obligations
Information related to the transaction price allocated to the remaining performance obligations:
At the end of the reporting period, the amount of revenue corresponding to the performance obligations that have been signed but have not yet been performed or have not been completed is RMB 0.00, of which RMB is expected to be recognized in the year, RMB is expected to be recognized in the year, and RMB is expected to be recognized in the year.
Major contract changes or major transaction price adjustments
Unit: Yuan
Item Accounting treatment method Amount of impact on income
Other notes:
- Investment income
Unit: Yuan
Item Amount for the current period Amount for the previous period
Investment income from trading financial assets during the holding period 51,824.66 Income from derecognition of receivables financing -582,760.34 -445,226.19
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-Annual Report
Total -582,760.34 -393,401.53
- Others
20. Supplementary information
- Detailed statement of non-recurring profits and losses for the current period
Applicable□Not applicable
Unit: Yuan
Item Amount Description Profit and loss from disposal of non-current assets 85,131.71 Government subsidies included in current profit and loss (closely related to the company’s normal operating business, in compliance with national policies and regulations, and in accordance with determined standards
7,797,081.64, except for government subsidies that have a lasting impact on the company’s profits and losses)
In addition to the effective hedging business related to the company's normal business operations, non-financial enterprises hold financial assets and financial liabilities arising from
31,418.97 Gains and losses from changes in fair value and gains and losses arising from the disposal of financial assets and financial liabilities
Other non-operating income and expenses other than the above items -760,941.64 Less: Income tax impact 1,117,534.62
Amount of impact on minority shareholders' equity (after tax) 4,690.16 Total 6,030,465.90 --Details of other profit and loss items that meet the definition of non-recurring gains and losses:
□ApplicableNot applicable
The company has no other specific circumstances of profit and loss items that meet the definition of non-recurring profits and losses.
Explanation on defining the non-recurring profit and loss items listed in the "Explanatory Announcement No. 1 on Information Disclosure of Companies Publicly Offering Securities - Non-recurring Profit and Loss" as recurring profit and loss items
□ApplicableNot applicable
- Return on net assets and earnings per share
Weighted average net earnings per share
Profit during the reporting period
Return on assets Basic earnings per share (yuan/share) Diluted earnings per share (yuan/share) Net profit attributable to the company's common shareholders -2.19% -0.1065 -0.11 Net profit attributable to the company's common shareholders after deducting non-recurring gains and losses
-2.65% -0.13 -0.13Profit
- Differences in accounting data under domestic and foreign accounting standards
(1) Differences in net profit and net assets in financial reports disclosed in accordance with both international accounting standards and Chinese accounting standards
□ApplicableNot applicable
(2) Differences in net profit and net assets in financial reports disclosed in accordance with both foreign accounting standards and Chinese accounting standards
□ApplicableNot applicable
Beijing Chengyitong Control Technology Group Co., Ltd. 2026 Semi-annual Report (3) Explanation of reasons for differences in accounting data under domestic and foreign accounting standards. If differences are adjusted for data that have been audited by an overseas audit institution, the name of the overseas institution should be indicated.
□ApplicableNot applicable
- Others