Shenzhen Tellus Holding Co., Ltd. 2026 Semi-Annual Report August 2026 Section I Important Notes, Contents, and Interpretations The Board of Directors, directors, and senior management of the Company guarantee that the contents of this semi-annual report are true, accurate and complete, contain no false records, misleading statements or material omissions, and assume individual and joint and several legal liability. Wang Chuan, head of the Company, and Huang Tianyang, the person in charge of accounting and the person in charge of the accounting department (accountant in charge), declare that they guarantee the truthfulness, accuracy and completeness of the financial report in this semi-annual report. All directors of the Company have attended the meeting of the Board of Directors to review the semi-annual report. The Company has no plans to distribute cash dividends, issue bonus shares, or convert capital reserve into share capital. Contents Section I Important Notes, Contents, and Interpretations......2 Section II Company Profile and Major Financial Indicators......6 Section III Management Discussion and Analysis......9 Section IV Corporate Governance, Environment, and Society......22 Section V Important Matters......23 Section VI Changes in Shares and Shareholders......34 Section VII Bond-related Information......38 Section VIII Financial Report......39 Documents for Inspection (I) Financial statements signed and sealed by the head of the Company, the person in charge of accounting, and the person in charge of the accounting department (accountant in charge). (II) Originals of all company documents and announcements publicly disclosed during the reporting period. (III) The above documents for future reference shall be kept at the Secretariat Office of the Board of Directors of the Company. Interpretations Term Refer(s) to Interpretation CSRC Refer(s) to China Securities Regulatory Commission SZSE Refer(s) to Shenzhen Stock Exchange Company, the Company, and Tellus Holding Refer(s) to Shenzhen Tellus Holding Co., Ltd. Reporting period, this/the reporting period Refer(s) to Half Year of 2026 State-owned Assets Supervision and Administration Shenzhen SASAC Refer(s) to Commission of Shenzhen Municipal People's Government SDG Group, controlling shareholder Refer(s) to Shenzhen Special Economic Zone Development Group Co., Ltd. SIHC Refer(s) to Shenzhen Investment Holdings Co., Ltd. Shenzhen Jewelry, SJIS Refer(s) to Shenzhen Jewelry Industry Service Co., Ltd. Guorun, Guorun Gold Refer(s) to Guorun Gold Shenzhen Co., Ltd. Tellus Treasury Refer(s) to Shenzhen Tellus Treasury Supply Chain Tech Co., Ltd. Shanghai Fanyue Refer(s) to Shanghai Fanyue Diamond Co., Ltd. Zhongtian Company Refer(s) to Shenzhen Zhongtian Industry Co., Ltd. Tellus Jewelry Refer(s) to Shenzhen Tellus Shuibei Jewelry Co., Ltd. Huari Company Refer(s) to Shenzhen SDG Huari Automobile Enterprise Co., Ltd. Huari Sales Refer(s) to Shenzhen Huari Automobile Sales and Service Co., Ltd. Tellus Jewelry Building, Jewelry Building Refer(s) to Tellus Shuibei Jewelry Building Tellus Gold and Diamond Building, Gold and Diamond Refer(s) to Tellu