1、2022 Semiannual Report of Zhejiang Supor Co.,Ltd.1 Zhejiang Supor Co.,Ltd.2022 Semiannual Report August 2022 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.2 SECTION I IMPORTANT NOTES,TABLE OF CONTENTS AND DEFINITIONS The Board of Directors and the Board of Supervisors of Zhejiang Supor Co.,Ltd(he

2、reinafter referred to as the Company)and all its directors,supervisors and senior executives warrant that this Semiannual Report is true,accurate and complete,and does not contain any fictitious statements,misleading information or significant omissions;all directors,supervisors and senior executive

3、s of the Company undertake,separately and jointly,all responsibilities in relation to the truth,accuracy and completeness hereof.Mr.Thierry de LA TOUR DARTAISE,person in charge of the Company,and Mr.Xu Bo,person in charge of accounting and person in charge of accounting department(accountant in char

4、ge),hereby confirm that the financial statement enclosed in this Semiannual Report is true,accurate and complete.All directors have attended the Board Meeting in person,in which the current report was reviewed and approved.This Semiannual Report relating to such forward-looking statement as future p

5、lan does not form any substantive commitment to investors.It is of great uncertainty,for whether it can be realized or not depends on multiple factors,including market change and effort of management team.Please be careful of investment risks.2022 Semiannual Report of Zhejiang Supor Co.,Ltd.3 As for

6、 the risk factors confronted by the Company,see Part 10 Risks and Countermeasures of Section III DISCUSSION AND ANALYSIS OF THE MANAGEMENT.The Company has planned not to distribute cash dividends or bonus shares,and not to convert capital reserve into share capital.2022 Semiannual Report of Zhejiang

7、 Supor Co.,Ltd.4 Table of Contents SECTION I IMPORTANT NOTES,TABLE OF CONTENTS AND DEFINITIONS .2 SECTION II COMPANY PROFILE AND MAJOR FINANCIAL INDICATORS .7 SECTION III DISCUSSION AND ANALYSIS OF THE MANAGEMENT .10 SECTION IV CORPORATE GOVERNANCE .22 SECTION V ENVIRONMENTAL AND SOCIAL RESPONSIBILI

8、TY .24 SECTION VI SIGNIFICANT EVENTS .28 SECTION VII CHANGES IN SHARE CAPITAL AND PARTICULARS ABOUT SHAREHOLDERS .37 SECTION VIII INFORMATION ON PREFERRED SHARE .43 SECTION IX INFORMATION ON BOND .44 SECTION X FINANCIAL STATEMENT .45 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.5 CATALOG OF REFE

9、RENCE DOCUMENTS I.2022 Semiannual Report of the Company and abstract concerned with signature of legal representative;II.Accounting statements with signature and seal of legal representative,person in charge of accounting and person in charge of accounting department;III.Original of all company docu

10、ments and bulletins published in newspaper designated by CSRC within the reporting period.Reference documents above shall be prepared by Securities Department of the Company.2022 Semiannual Report of Zhejiang Supor Co.,Ltd.6 Definitions Items to be Defined means Definitions SZSE means Shenzhen Stock

11、 Exchange CSRC means China Securities Regulatory Commission CSDCC means Shenzhen Branch of China Securities Depository and Clearing Corporation Limited Company,the company and Supor means Zhejiang Supor Co.,Ltd.SEB Internationale means SEB INTERNATIONALE S.A.S SEB Group means SEB S.A.Zhejiang Supor

12、Electrical means Zhejiang Supor Electrical Appliance Manufacturing Co.,Ltd.Shaoxing Supor means Zhejiang Shaoxing Supor Domestic Electrical Appliances Co.,Ltd.Supor Vietnam means Supor(Vietnam)Co.,Ltd.Wuhan Recycling means Wuhan Supor Recycling Co.,Ltd.Wuhan Cookware means Wuhan Supor Cookware Co.,L

13、td.Wuhan PC means Wuhan Supor Pressure Cooker Co.,Ltd.Omegna means Hangzhou Omegna Commercial Trade Co.,Ltd.Shanghai Marketing means Shanghai Supor Cookware Marketing Co.,Ltd.P&R means Zhejiang Supor Plastic&Rubber Co.,Ltd.Yuhuan Sales Company means Yuhuan Supor Cookware Marketing Co.,Ltd.SEADA mean

14、s SOUTH EAST ASIA DOMESTIC APPLIANCES PTE.LTD.AFS means AFS VIETNAM MANAGEMENT CO.LTD.Shanghai WMF means Shanghai WMF Enterprise Development Co.,Ltd.Shanghai SEB/SSEAC means Shanghai SEB Electrical Appliances Co.,Ltd.Zhejiang WMF means Zhejiang WMF Housewares Co.,Ltd.Shaoxing Supor Housewares means

15、Zhejiang Shaoxing Supor Housewares Co.,Ltd.Supor LKA means Zhejiang Supor Large Kitchen Appliance Co.,Ltd.Supor Water Heater means Zhejiang Supor Water Heater Co.,Ltd.GSIM or Indonesian Company means PT Groupe SEB Indonesia MSD Hainan Supor E-commerce Company means Hainan Supor E-Commerce Co.,Ltd.Ha

16、inan Tefal Trade Company means Hainan Tefal Trade Co.,Ltd.2021 Equity Incentive Plan means 2021 Restricted Stock Incentive Plan(Draft)2022 Semiannual Report of Zhejiang Supor Co.,Ltd.7 SECTION II COMPANY PROFILE AND MAJOR FINANCIAL INDICATORS I.Company Information Short Form of the Stock:Supor Stock

17、 Code 002032 Abbreviation of Unchanged Stock(if any)None Stock Exchange for Stock Listing Shenzhen Stock Exchange Chinese Name of the Company Zhejiang Supor Co.,Ltd.Abbreviated Chinese Name of the Company(if any)Supor Abbreviated English Name of the Company(if any)ZHEJIANG SUPOR CO.,LTD.Abbreviation

18、 of English Name of the Company(if any)SUPOR Legal Representative Thierry de LA TOUR DARTAISE II.Contact Person and Contact Information Board Secretary Representative of Securities Affairs Name Ye Jide Fang Lin Address Securities Department at 23F of Supor Building,No.1772 Jianghui Road,New&High Tec

19、h Development Zone,Hangzhou,China Securities Department at 23F of Supor Building,No.1772 Jianghui Road,New&High Tech Development Zone,Hangzhou,China Tel.:0571-86858778 0571-86858778 Fax 0571-86858678 0571-86858678 Email III.Other Conditions 1.Contact information:Are there any changes about the regis

20、tered address,office address and postal code,website or email address of the Company in the reporting period?Applicable Not-applicable The registered address,office address and postal code,website and email address of the Company did not change in the reporting period.See Annual Report 2021.2022 Sem

21、iannual Report of Zhejiang Supor Co.,Ltd.8 2.Media for information disclosure and archiving Are there any changes about media for information disclosure or archiving in the reporting period?Applicable Not-applicable Papers appointed by the Company for information disclosure:website appointed by CSRC

22、 for publishing semiannual report,and the place for archiving the Companys semiannual report have not been changed in the reporting period.Refer to Annual Report 2021 for details.3.Other relevant information Whether other relevant information changed in the reporting period Applicable Not-applicable

23、 IV.Major Accounting Data and Financial Indicators Does the Company need to retroactively adjust or restate previous years accounting data?Yes No This reporting period Same period last year Increased or decreased Operating income(RMB)10,323,979,744.82 10,433,875,893.62-1.05%Net profits attributable

24、to shareholders of listed company(RMB)932,849,164.03 865,590,446.89 7.77%Net profit attributable to shareholders of listed company after deducting non-recurring profit or loss(RMB)909,114,292.90 860,175,721.67 5.69%Net cash flows from operating activities(RMB)1,308,844,866.33 300,430,763.45 335.66%B

25、asic earnings per share(RMB/share)1.155 1.066 8.35%Diluted earnings per share(RMB/share)1.155 1.063 8.65%Return on weighted average net assets 12.31%12.02%0.29%The end of the reporting period End of last year Increased or decreased Total assets(RMB)12,471,477,330.05 13,899,456,422.16-10.27%Net asset

26、s attributable to shareholders of listed company(RMB)6,970,314,203.17 7,622,639,752.86-8.56%V.Accounting Data Discrepancies under domestic and foreign Accounting Standards 1.Net profit and net assets discrepancies in financial statements disclosed separately under International Accounting Standards

27、and Chinese Accounting Standards Applicable Not-applicable No net profit and net assets discrepancies in financial statements disclosed separately under International Accounting Standards and Chinese Accounting Standards in the reporting period 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.9 2.Ne

28、t profit and net assets discrepancies in financial statements disclosed separately under International Accounting Standards and Chinese Accounting Standards Applicable Not-applicable No net profit and net assets discrepancies in financial statements disclosed separately under International Accountin

29、g Standards and Chinese Accounting Standards existed in the reporting period.VI.Non-recurring Profit or Loss Items and Amount Applicable Not-applicable Unit:RMB Item Amount Notes Profit and loss on disposal of non-current assets(including the write-off of provision for asset impairment)-312,542.28 G

30、overnment subsidies included in the current profits and losses(except those that are closely related to the Companys normal business operations,comply with national policies and regulations and are continuously available according to certain standard quota or quantity)21,616,692.79 Enterprise restru

31、cturing costs,such as resettling employees expenses,integration expenses,etc.-453,079.14 Except effective hedging business related to the Companys normal business operations,profits and losses from fair value changes caused by the held transactional financial assets and transactional financial liabi

32、lities,and investment income acquired from disposal of transactional financial assets,transactional financial liabilities and available-for-sale financial assets 10,065,488.38 Other non-operating incomes or expenditures except for the foregoing items 883,117.00 Minus:influenced amount of income tax

33、8,065,234.95 Influenced amount on minority shareholders equities(after tax)-429.33 Total 23,734,871.13 Details of other profit and loss items complying with the definition of non-recurring profits or losses:Applicable Not-applicable The Company does not have other specific circumstances of other pro

34、fit and loss items complying with the definition of non-recurring profits or losses in the Company.Description of defining non-recurring profits or losses items listed in the Explanatory Announcement No.1 on Disclosure of the Information of Companies Offering Their Securities to the Public-Non-recur

35、ring Profit or Loss as recurring profits and losses Applicable Not-applicable The Company did not define any non-recurring profit and loss that is defined and listed the Explanatory Announcement No.1 on Disclosure of the Information of Companies Offering Their Securities to the Public-Non-recurring

36、Profit or Loss as recurring profit and loss.2022 Semiannual Report of Zhejiang Supor Co.,Ltd.10 SECTION III DISCUSSION AND ANALYSIS OF THE MANAGEMENT I.Main business during reporting period (I)Main business of the Company As Chinas famous cookware R&D and manufacturing company,Zhejiang Supor Co.,Ltd

37、 is a Chinas leading manufacturer of small domestic appliances and also the first listed company in Chinas cookware industry.Established in 1994,the headquarters of the Company locates in Hangzhou owning six R&D and manufacturing bases located in Yuhuan City,Hangzhou City,Shaoxing City(Yuecheng Dist

38、rict and Keqiao District)in Zhejiang Province,Wuhan City,Hubei Province and Ho Chi Minh City,Vietnam.Supors main businesses include:open fire cookware,kitchen utensil,small domestic appliance,large kitchen appliance and H&PC appliance.1.Open fire cookware and kitchen utensils mainly include wok,pres

39、sure cooker,fry pan,sauce pan,steamer,pottery pot,kettle,knife,spatula,thermal pot,thermos&flask,kitchen tool,food container,etc.2.The small domestic appliance mainly includes:electric rice cooker,electric pressure cooker,induction hob,soymilk maker,electric kettle,juicer,slow cooker,electric steame

40、r,electric hotpot,food processor,baking pan,air fryer,etc.3.The large kitchen appliance mainly includes:range hood,gas cooker,disinfection cabinets,water purifier,embedded steaming oven,water heater,integrated stove,etc.4.The H&PC appliance mainly includes:air purifier,clothes steamer,vacuum cleaner

41、,floor washer,electric iron,etc.The Companys cookware and electrical products have been exported to more than 50 countries such as Japan,European and American countries through SEB Group.(II)Development of the Companys industry and its market status In the first half of 2022,affected by repeated pan

42、demic incidents and Russia-Ukraine conflict,the global imbalance between supply and demand intensified.In addition,the resulting impacts such as the soaring price of energies,slow growth rate of goods trade and significant increase of inflation have impeded the recovery of global economy.Due to unfa

43、vorable macroeconomic factors,global consumers become increasingly concerned about their purchasing power and cut spending on non-essential services and leisure.The global cookware and small domestic appliance market have confronted great challenges in the first half year.Domestic retail consumption

44、 was greatly impacted by the recurring outbreak of pandemic incidents.Backed by effective measures for pandemic prevention&control and consumption-promoting policies,the consumer market gradually recovered.At the same time,we also have observed that the general trend of consumption upgrade in the po

45、st-pandemic era remains unchanged,and the further improvement in the urbanization rate in China,expedited facilitation of common prosperity,and popularization of pension,medical insurance and other social benefits,have provided a long-term support for the consumption upgrade.With the general trend o

46、f consumption upgrade,the continuous innovation and consumer research and the precise matching with the segment populations high-end,individualized,fashion-orientated,healthy and intellectualized demand will become the major impetus that drives the growth of consumption in the industry.In the field

47、of open fire cookware,the flow of offline channels declined continuously.Due to the outbreak of pandemic in major consumption cities in China in the first half of 2022,the sales have been further shifting from offline to online channels.According to the data of 30 major cities in China monitored by

48、GFK,the offline retail sales of eight major product categories of open fire cookware(wok,pressure cooker,frying pan,stockpot,milk pot,steamer,cookware set and ceramic slow cooker)declined in double digits in the first half of 2022 on a year-on-year basis.Supors total offline market shares of above c

49、ategories have reached 48.6%in total and maintained the leading position in the industry steadily.According to the monitoring data of AVC,the online retail sales of 11 major product categories of open fire cookware(wok,pressure cooker,milk pot,frying pan,kettle,casserole,stockpot,hot pot,steamer,ena

50、mel pot and cookware set)increased flat in the first half of 2022 on a year-on-year basis.Supors total online market shares of above categories have reached 22.9%,which was four times that of the 2nd brand.In terms of the sales performance of various product 2022 Semiannual Report of Zhejiang Supor

51、Co.,Ltd.11 categories,the rigidly demanded product categories of wok and pressure cooker demonstrated strong vitality;the product categories of enamel pot with exquisite appearance and great popularity among young people had a 50%year-on-year online growth rate.The trend of consumption upgrade in th

52、e open fire cookware market remains unchanged.In addition,consumers preferred those healthy materials,such as 316L stainless steel and titanium.In the field of small domestic appliance,the purchase behaviors of consumers tended to be more rational.Since consumers have higher requirements for the tec

53、hnology and quality of core product categories,plus their higher sensitivity to the idling of segment product categories,the consumption demand for small domestic appliance of kitchenware is continuously challenged.According to the total data from AVC,the retail sales of electric rice cooker,inducti

54、on hob,electric pressure cooker,soybean milk machine,high-speed blender,mixer,juicer,electric kettle,baked machine(electric baking pan,electric barbecue oven,multifunctional pot),electric steamer,slow cooker,health kettle,air fryer and desktop single-function oven amounted to 26.38 billion yuan,repr

55、esenting a year-on-year decline of 4.9%.Supors online market shares of above categories have reached 21.5%according to the data monitored by AVC in the first half of 2022.The market shares ranked first in the industry with a year-on-year growth of 1.0 pct.The total offline market shares of above cat

56、egories have reached 33.5%,with a year-on-year growth of 3.3 pct.,ranking second in the industry.In terms of the performance of various categories,the rigidly demanded product categories(electric rice cooker and electric kettle)showed strong resilience.The market of oil-free air fryer still grew rap

57、idly in 2022.In the first half of 2022,its online retail sales achieved 160%year-on-year growth rate,becoming the second largest category after electric rice cooker.The versatility-oriented product categories of electric steamers increased by more than 50%,revealing consumers preference for healthy

58、cooking.(III)Business performance in the reporting period 1.Product strategy During the reporting period,Supor sustainably promoted the innovation strategy and new product development strategy of centering on the consumers,with the help of big data on the internet,deeply tapped the users demands of

59、the subdivided consumers and different scenarios,continuously provided smart product solutions,met more diversified consumer demands and provided more considerate and all-around consumer experience.In the business of open fire cookware,Supor has continuously explored consumer demand and accelerated

60、the expansion of products with core market competitiveness.In the first half of 2022,the Company launched the ti-authentic uncoated non-stick wok,which created the uncoated technology.The well-loved product won the first place in the 618 Most Popular and New Item List in JD.COM.In the business of sm

61、all domestic appliance,Supor adheres to the differentiated product innovation strategy at all times,and constantly rolls out innovative and intelligent products which provide creative functions for healthy and nutritious cooking.In the category of electric rice cooker,Supor launched a small-capacity

62、 far-infrared IH rice cooker for small families,further consolidating the advantages of far-infrared series.Featuring the removable and washable technology and the design of differentiated removable and washable glass cover of air fryer,make cleaning much more easily and thoroughly.The first stirrin

63、g health kettle launched in the industry.The ingredients could be cooked thoroughly to better meet the health needs through stirring.In addition,Supor keeps a close pace with the development of science and technology,and rolls out a brand-new IOT Convenient Cuisine Pot,which combines science and tec

64、hnology with cooking,and the function of NFC Touch has been applied to quickly realize human-computer interaction.The versatile multi-cooker,Xiao C chef.,is a hot-selling product,which wins the first place in the positive comment list of 618 Tmall Cooking Pot and the first place in the sales volume

65、of 618 JD.COM POP Cooking Robot.Meanwhile,Supor persistently promoted the development of H&PC appliance,and launched a new floor washer M1.Supported by the edge cleaning technology,it cleaned with sterilized electrolyzed water,easily eliminating hidden bacteria,and creating a healthy environment for

66、 our family.In addition,as for the category of clothes steamer,Supor continues to keep its leading position in the industry.According to the monitoring data of AVC,the total online market shares of Supors product category of clothes steamer reached 12.7%in the first half of 2022,ranking second in th

67、e industry.As for the business of large kitchen appliance,Supor continued to enhance the development in the branding of large kitchen appliance,launched differentiated far-infrared heating,steaming and baking integrated stoves,and cooperated with sports star Zhang 2022 Semiannual Report of Zhejiang

68、Supor Co.,Ltd.12 Jike to further expand its product influence.During the 618 Promotion,the sales of integrated stoves increased by more than 450%year-on-year.According to the monitoring data of AVC,the total online market shares of Supors product category of gas stove reached 15.5%in the first half

69、of 2022,ranking first in the industry.2.Channel strategy With the accelerated integration of online and offline markets,Supor remained centering on the consumers,kept optimizing its channel layout based on the changes in consumers purchase paths,thereby meeting the purchase needs of different consum

70、ers with multi-channel and multi-mode layout matrices.Supor always insisted on winning the trust of consumers with excellent product quality and obtaining the support of distributors and retailers by virtue of excellent services.In terms of online channels,Supor continues to promote the online chann

71、el transformation strategy and optimize the store matrix and product sales structure.In the first half of 2022,the Companys e-commerce business maintained rapid growth,and its proportion to Supors overall domestic sales continued to increase.Thanks to the steady advancement of one stock inventory mo

72、del and DTC strategy,Supors sales during 618 Promotion increased by 13.3%on a year-on-year basis.Meanwhile,Supor actively developed interest-based platforms and continuously improved its operational capabilities,and its Pinduoduo and TikTok businesses grew rapidly.In the first half of 2022,Supor ran

73、ked first in the small kitchen appliance industry in the TikTok channel.In addition,Supor attaches importance to member operation and takes advantage of marketing cloud platform to strengthen consumer operation and life cycle management,provide users with high-value services,continuously improve sat

74、isfaction and attract more members.In terms of offline channels,due to the pandemic in the second quarter,customers flow in offline channels decreased,and the operation of offline channels faced challenges in the first half of 2022.However,Supor has been working with channel clients and agents to ac

75、tively respond,expand brand alliances and integrate brand resources,and thus remaining the solid market position.Supor maintains rapid growth among tier-1 and 2 markets by promoting community group buying and home delivery business,and continues to enhance the cooperative relationship with head plat

76、forms to seize the opportunities of new channels.Besides,Supor continues to promote and further deepen the development strategy for tier-3 and 4 markets,strengthen and promote comprehensive cooperation with E-commerce platforms among the O2O channel in lower-tier cities,and give full play to the adv

77、antages of medium-and high-end product differentiation and agency stability with a view to creating new growth points of the Company in the tier-3 and 4 markets.In terms of export business,due to geopolitical instability such as Russia-Ukraine War and high level of inflation among overseas countries

78、,the demand of overseas markets such as Europe and America declined in the first half of 2022.In order to actively respond to the instable international market,the main customers for export sales take active control on the inventory level of local channels,therefore the Companys export business has

79、declined after two consecutive years of rapid growth.II.Core competitiveness analysis 1.Outstanding product innovation capability As a company long time devoted to R&D,manufacturing and sales of open fire cookware and small domestic appliances,Supor has an acute observation and scientific research o

80、f the needs of Chinese consumers and has developed a systematic innovation system to ceaselessly launch new products in the market.After 1994 when Supor launched the domestic first safety pressure cooker,the Company also launched the first electric rice cooker with ceramic crystal liner in 2005,pion

81、eered the uncoated stainless iron pan technology in 2007,successfully introduced SEB thermo-spot patented technology in 2009,launched the industrial first IH electric rice cooker in 2011,pioneered the spherical liner in 2013,ceremoniously launched the industrial first steam IH electric rice cooker w

82、ith spherical liner in 2015,innovated technology of electric rice cooker liner and launched the Shallow Pot IH Rice Cooker in 2018 and launched the handy,lighter and healthier Core Iron II wok,and the Air-cooled Xpress electric rice cooker with the rice cooked within half the time under the same qua

83、lity in 2020.In 2021,Supor rolled out the new-generation anti-corrosion and anti-perforation ti-authentic stainless steel wok and the oil-concentrated frying pan that can make sunny side up eggs with a little oil.In terms of small domestic appliance,the Company has launched the industrys first far-i

84、nfrared IH electric rice cooker and high-end versatile multi-cooker,Supor Xiao C chef.In 2022,the ti-authentic uncoated wok 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.13 was launched,which adopted the first uncoated technology in the industry.2.Well-developed distributor network Supor has stab

85、le distributor teams,and maintained good cooperative relationship with them.The relatively high coverage rate and density of its sales network ensure the uninterrupted supply of Supor products.3.Strong R&D and manufacturing capacity of open fire cookware and small domestic appliance Supor has built

86、up six R&D production bases,respectively in Yuhuan City,Hangzhou City,Shaoxing City(Yuecheng District and Keqiao District)in Zhejiang Province,Wuhan City,Hubei Province and Ho Chi Minh City,Vietnam.In particular,the annual production scale of Wuhan Base and Shaoxing Base ranked the top in the indust

87、ry.The strong R&D power and the highly professional R&D team provide a powerful guarantee for the quality and innovation capacity of Supor products.4.Synergistic effect of integration with SEB Since 2006,the Company has started to establish strategic cooperation relationship with SEB which owns a lo

88、ng history of more than 160 years with leading market shares of cookware and small domestic appliances worldwide.The powerful cooperation between Supor and SEB has brought stable export orders to the Company,and increased its overall business size and manufacturing capacity.Meanwhile,the cooperation

89、 in aspects of R&D and management will continuously enhance the core competitiveness of the Company.5.Professional advantage of multiple brands and varieties in kitchen field In addition to Supor brand,the Company also introduced a lot of high-end brands under SEB,such as WMF,LAGOSTINA,KRUPS and TEF

90、AL so as to fully cover the high-end brands in kitchen field.The Companys open fire cookware and small domestic appliances rank the first class nationwide.It also explores new varieties actively such as kitchen&electric appliance and kitchen utensils.The Company has formed its special competition ad

91、vantages over other rivals due to its layout of multiple brands and varieties in kitchen field.III.Main Business Analysis Overview During the reporting period,the Company achieved an operating income of RMB10,323,979,744.82,representing a year-on-year decrease of 1.05%.The Company realized a total p

92、rofit of RMB1,252,951,332.99,representing a year-on-year growth of 12.42%;The earnings per share is RMB1.155 with 8.35%year-on-year growth.The revenue from main business was RMB10,256,439,431.57,a decrease of RMB125,500,311.45 or 1.21%compared with the same period of last year.The main business cost

93、 was RMB7,622,713,387.19,a decrease of RMB72,446,623.05 or 0.94%compared with the same period of the last year.The gross margin of main business was 25.68%,decreasing by 0.20%compared with the same period of the last year.Among them,the realized revenue from the main business of cookware was RMB3,06

94、6,665,527.99,a decrease of 0.39%on a year-on-year basis;the realized revenue from the main business of electric appliance was RMB7,174,700,594.40,a decrease of 1.60%on a year-on-year basis.The realized revenue from the main business of domestic sales was RMB7,419,891,762.28,an increase of 6.54%on a

95、year-on-year basis.The revenue from the main business of foreign trade was RMB2,836,547,669.29,a decrease of 16.99%on a year-on-year basis.Changes of main financial data in the same period Unit:RMB This reporting period Same period last year Increase/decrease YoY(%)Reason of change Operating income

96、10,323,979,744.82 10,433,875,893.62-1.05%Operating cost 7,670,449,954.61 7,725,851,457.97-0.72%Sales expense 1,078,585,004.10 1,195,543,704.82-9.78%2022 Semiannual Report of Zhejiang Supor Co.,Ltd.14 Administrative expense 188,658,026.76 214,014,738.06-11.85%Financial expense -40,815,354.68-4,600,11

97、4.71-787.27%Mainly due to the increase in interest revenue from bank deposits and exchange gains during the reporting period.Income tax expense 319,256,554.10 250,485,268.05 27.46%R&D investment 194,481,803.42 192,490,424.34 1.03%Net cash flows from operating activities 1,308,844,866.33 300,430,763.

98、45 335.66%Mainly due to the increase in cash from sales of commodities and services provided in the cash inflow from operating activities in the reporting period.Net cash flows from investing activities 883,025,051.67 354,213,147.88 149.29%Mainly due to the increase in cash recovery from investment

99、in financial products in cash inflow from investing activities during the reporting period.Net cash flows from financing activities -1,639,170,531.90-1,305,486,628.95-25.56%Net increase in cash and cash equivalents 564,870,879.41-651,828,253.43 186.66%Mainly due to the increase in operating cash inf

100、low.Significant change of profit structure or profit resource in the reporting period Applicable Not-applicable No significant change of profit structure or profit resource in the reporting period Contents of operating income Unit:RMB This reporting period Same period last year Increase/decrease YoY

101、(%)Amount Percentage to total operating income Amount Percentage to total operating income Total operating income 10,323,979,744.82 100%10,433,875,893.62 100%-1.05%By Industry Cookware 3,066,665,527.99 29.70%3,078,561,410.93 29.51%-0.39%Electric appliances 7,174,700,594.40 69.50%7,291,006,353.18 69.

102、87%-1.60%Others 82,613,622.43 0.80%64,308,129.51 0.62%28.47%By Products Cookware and utensils 3,066,665,527.99 29.70%3,078,561,410.93 29.51%-0.39%Cooking appliances 4,588,882,638.90 44.45%4,584,107,417.54 43.93%0.10%Food processor appliances 1,568,135,937.20 15.19%1,783,982,127.91 17.10%-12.10%Other

103、 household electric appliances 1,100,295,640.73 10.66%987,224,937.24 9.46%11.45%By Areas Domestic sales 7,457,451,182.53 72.23%7,016,634,762.03 67.25%6.28%Export sales 2,866,528,562.29 27.77%3,417,241,131.59 32.75%-16.12%Note:Others by industry,Other household electric appliances by product,and regi

104、on-based exceptionally include other business 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.15 incomes,the same below.The Companys industry,products or areas with operating incomes or operating profits occupying more than 10%Applicable Not-applicable Unit:RMB Operating income Operating cost Gross

105、 margin Increase/decrease YoY(%)for total operating income Increase/decrease YoY(%)for total operating cost Increase/decrease YoY(%)for gross margin By Industry Cookware 3,066,665,527.99 2,236,943,528.87 27.06%-0.39%1.21%-1.14%Electric appliances 7,174,700,594.40 5,374,982,284.90 25.08%-1.60%-1.84%0

106、.18%By Products Cookware and utensils 3,066,665,527.99 2,236,943,528.87 27.06%-0.39%1.21%-1.14%Cooking appliances 4,588,882,638.90 3,414,192,626.73 25.60%0.10%0.51%-0.30%Food processor appliances 1,568,135,937.20 1,244,567,449.91 20.63%-12.10%-10.17%-1.70%Other household electric appliances 1,100,29

107、5,640.73 774,746,349.10 29.59%11.45%5.67%3.86%By Areas Domestic sales 7,457,451,182.53 5,268,830,298.87 29.35%6.28%9.94%-2.35%Export sales 2,866,528,562.29 2,401,619,655.74 16.22%-16.12%-18.12%2.06%Note:In this reporting period,the overall gross margin of the Company decreased by 0.25 percentage poi

108、nts on a year-on-year basis.It was mainly due to the implementation of New Revenue Standards in the current period,which reclassifies transportation expenses related to the sales of commodities from selling expenses to operating costs.According to the statistics before reclassification,the overall g

109、ross margin of the Company increased by 2.95 percentage points on a year-on-year basis,which mainly due to channel transformation and sales structure optimization.The Companys main business data adjusted based on the standard at the end of the latest reporting period if statistical standard for such

110、 data was adjusted during the reporting period Applicable Not-applicable Descriptions of cause with above 30%change of relevant data on a YoY basis Applicable Not-applicable IV.Analysis on Non Main Business Applicable Not-applicable V.Analysis on Assets and Liabilities 1.Significant changes in asset

111、s Unit:RMB 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.16 The end of the reporting period End of last year Increase/decrease in proportion Cause of change Amount Percentage to total assets Amount Percentage to total assets Monetary capital 3,479,946,026.90 27.90%2,654,052,417.47 19.09%8.81%Main

112、ly due to the increase in cash generated from the Companys business operations during the reporting period.Accounts receivable 2,151,142,929.18 17.25%2,716,945,985.33 19.55%-2.30%Mainly due to the decrease of export accounts receivable at the end of the reporting period.Inventories 2,280,319,255.52

113、18.28%3,096,517,055.33 22.28%-4.00%Mainly due to the accelerated inventories turnover and reasonable control of inventories during the reporting period.Long-term equity investment 65,019,578.66 0.52%65,600,611.64 0.47%0.05%No significant change in the reporting period.Fixed assets 1,278,054,718.16 1

114、0.25%1,291,902,992.54 9.29%0.96%No significant change in the reporting period.Construction in progress 21,688,231.49 0.17%26,482,779.31 0.19%-0.02%No significant change in the reporting period.Right-of-use asset 190,934,091.71 1.53%195,528,644.13 1.41%0.12%No significant change in the reporting peri

115、od.Contract liabilities 470,023,043.75 3.77%893,741,863.21 6.43%-2.66%Mainly due to the decrease in advance receipts from some distributors of its subsidiaries during the reporting period.Lease obligation 152,646,041.84 1.22%157,420,210.81 1.13%0.09%No significant change in the reporting period.Rece

116、ivables financing 232,348,975.14 1.86%3,312,225.62 0.02%1.84%Mainly due to the increase in the amount of bank acceptance bills of subsidiaries at the end of the reporting period.Other current assets 659,654,342.93 5.29%2,055,027,382.63 14.78%-9.49%Mainly due to the maturity and delivery of term depo

117、sit investment at the end of the reporting period.Other debt investments 586,813,657.54 4.71%298,191,205.49 2.15%2.56%Mainly due to the investment increase in negotiable certificate of deposit at the end of the reporting period.2.Main overseas assets Applicable Not-applicable 3.Assets and liabilitie

118、s measured at the fair value Applicable Not-applicable Unit:RMB 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.17 Item Opening balance Profit and loss from fair value changes in the reporting period Accumulated fair value changes included into equity Impairment loss of the current period Amount of

119、 purchasing of the current period Amount of sales of the current period Other changes Ending balance Financial assets 1.Transactional financial assets(excluding derivative financial assets)180,312,742.31 3,434,993.03 220,000,000.00 183,197,205.49 220,550,529.85 2.Receivables financing 3,312,225.62 2

120、29,036,749.52 232,348,975.14 3.Other debt investments 298,191,205.49 281,908,816.58 6,713,635.47 586,813,657.54 Total 481,816,173.42 3,434,993.03 501,908,816.58 183,197,205.49 235,750,384.99 1,039,713,162.53 Financial liabilities 0.00 0.00 Content of other changes Receivables financing Supor discoun

121、ted or transferred by endorsement part of bank acceptances before maturity as required by its daily fund management and the business mode for such bank acceptance related to management was aimed for acquisition of contact cash flow and for sales.Therefore,bank acceptance was classified as financial

122、assets measured at the fair value with their changes included into other comprehensive incomes.Are there any major changes about the valuation attribute of Companys main assets in the reporting period?Yes No 4.Restrictions of assets and rights by the end of the reporting period For details,see 52.As

123、sets with title or use right restrictions of VII.Notes to items of consolidated financial statements in Section X FINANCIAL STATEMENT.VI.Analysis on Investment 1.General conditions Applicable Not-applicable 2.Significant equity investment to be acquired in the reporting period Applicable Not-applica

124、ble 3.Significant non-equity investment to be handled in the reporting period Applicable Not-applicable 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.18 4.Financial asset investment (1)Securities investment Applicable Not-applicable There was no securities investment in the Company in the reporti

125、ng period.(2)Derivative products investment Applicable Not-applicable Unit:RMB10,000 Name of derivative product investment handler Correlated relation Connected transaction Type of derivative product investment Original amount of derivative product investment Start date Expiry date Opening investmen

126、t amount Purchase amount during the reporting period Purchase amount during the reporting period Amount of impairment provision(if any)Ending investment amount Proportion of ending investment amount to the Companys net assets at the end of the reporting period Actual profit and loss amount during th

127、e reporting period Bank None No Foreign exchange derivatives 14,790.55 January 1,2022 June 30,2022 14,790.55 80,392.27 59,671.22 0.00 35,511.60 5.09%-129.17 Total 14,790.55-14,790.55 80,392.27 59,671.22 0.00 35,511.60 5.09%-129.17 Source of derivative product investment fund Own fund Proceedings(if

128、applicable)Not applicable Disclosure date of the announcement of the Board of Directors on the approval of derivatives investment(if any)April 1,2022 Description of risk analysis and control measures for derivative positions during the reporting period(including but not limited to market risk,liquid

129、ity risk,credit risk,operating risk,legal risk,etc.)In order to hedge the exchange rate risk in operating activities,reduce the the risks arising from fluctuations in exchange and interest rates,and make full use of the hedging function of foreign exchange derivatives trading business,the Company ha

130、s conducted foreign exchange derivatives trading business according to business scale,term and currency of the Company.(I)Risks 1.Market risk:loss may be caused by price fluctuation of foreign exchange derivatives that was resulted from the fluctuation of market price such as target interest rate an

131、d exchange rate.2.Internal control risk:foreign exchange derivatives trading business is highly specialized and complex,which may cause risks due to imperfect internal control mechanism.3.Liquidity risk:the risk that a transaction cannot be completed due to insufficient market liquidity.4.Performanc

132、e risk:there is a risk of default caused by the failure to perform the contract.5.Legal risk:risks may be caused due to changes in relevant laws or violation of relevant laws by counterparties,prohibiting the execution of the contract.(II)Risk control measures 1.Clear principle:foreign exchange deri

133、vatives trading shall be based on the principle of hedging,to avoid the risk brought by exchange rate fluctuation to the greatest extent,and adjust the 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.19 operation strategy in time in combination with the market situation,so as to improve the hedging

134、 effect.2.System construction:the Company has established the internal control system for the Administration of Foreign Exchange Derivatives Trading Business,which clearly defines the scope of authorization,approval procedures,key points of operation,risk management and information disclosure of der

135、ivatives transactions,and can effectively regulate foreign exchange derivatives transactions and control the risks of foreign exchange derivatives transactions.3.Product selection:comparative analysis shall be conducted for potential products.The foreign exchange derivatives that are most suitable f

136、or the Companys business background,strong liquidity and controllable risk shall be selected for trading.The Company uses forward as a tool for general hedging and swap contracts for rolling hedging.4.Counterparty management:carefully select the counterparties engaged in foreign exchange derivatives

137、 business.The Company only conducts foreign exchange derivatives trading business with large-scale commercial banks with legal qualifications and other foreign exchange institutions to avoid possible default risks and legal risks.5.Dedicated team:the Companys management representative,treasury depar

138、tment,the financial sharing service center,the audit department,the securities department and other relevant departments set up a special working team to be responsible for the risk assessment,trading execution,booking and monitoring.The working team shall take emergent measures to stop loss when th

139、e market changes significantly.Changes in market prices or product fair values of invested derivatives during the reporting period(The analysis of the fair value of derivatives shall be made with the disclosure of specific methods used,related assumptions and parameter settings)The amount of profit

140、and loss incurred during the reporting period of foreign exchange derivatives was RMB1.2917 million;It was obtained by using tools for profit and loss of delivery and evaluating the spot and forward foreign exchange quotations of banking institutions.Description of whether the accounting policies an

141、d specific accounting principles for the Companys derivatives during the reporting period have changed significantly compared with that during the previous reporting period Not applicable Independent directors special opinions on the Companys derivatives investment and risk control The independent d

142、irectors have issued independent opinions on Proposal on Foreign Exchange Derivatives Trading.For details,please refer to the Independent Opinions of Independent Directors on Related Matters disclosed on http:/ on April 1,2022.5.Conditions of the use of the raised funds Applicable Not-applicable No

143、situation of using raised capital of the company during the reporting period 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.20 VII.Sales for Major Assets and Equity 1.Sales for major assets Applicable Not-applicable The Company did not sell major assets till the end of the reporting period.2.Sales

144、 for major equities Applicable Not-applicable VIII.Analysis for Main Holding Companies and Joint Stock Companies Applicable Not-applicable Status of main subsidiaries and joint stock companies with influence on the Companys net profit exceeding 10%Unit:RMB Company name Company type Main business Reg

145、istered capital Total assets Net assets Operating income Operating profit Net profit Wuhan Supor Cookware Co.,Ltd.Subsidiary Cookware RMB91.16 million 1,205,756,642.84 426,358,851.62 1,578,669,081.43 62,048,490.88 46,353,243.63 Zhejiang Supor Electrical Appliance Manufacturing Co.,Ltd.Subsidiary Ele

146、ctrical product RMB133.6971 million 1,306,295,229.02 475,701,235.82 1,892,959,657.36 116,003,891.58 84,616,558.38 Zhejiang Shaoxing Supor Domestic Electrical Appliances Co.,Ltd.Subsidiary SDA,large kitchen appliances RMB610 million 2,955,358,411.79 2,347,633,031.44 3,042,695,029.89 566,003,878.98 41

147、5,955,345.47 Acquiring/disposing subsidiary during the reporting period Applicable Not-applicable IX.Structural Subject under the Companys Control Applicable Not-applicable X.Risks and Countermeasures 1.Risk from macroeconomic fluctuation In the first half of 2022,the growth for domestic macroeconom

148、ic has slowed down significantly influenced by the international macroeconomic and a new round of pandemic.Since May,as the situation of COVID-19 improved,domestic consumption has gradually recovered.Although the overall scale of cookware and small domestic appliance industry in which the Company is

149、 located has declined,the government has promoted the growth of household appliance consumption through a series of policies and measures such as issuing consumer coupons and subsidies.The contribution of domestic demand is expected to pick up in the second half of the year.Outlook for the second ha

150、lf,there are still downside risks in the domestic economic.In the face of the potential macroeconomic fluctuation risks,Supor will continue to adhere to its strategies,actively develop new categories and new businesses,expand market segments and foster new growth points.2022 Semiannual Report of Zhe

151、jiang Supor Co.,Ltd.21 In the first half of 2022,the comsuption end faced huge pressure influenced by Russia-Ukraine War and high level of inflation among overseas countries.Foregin clients struggled to deal with and even strictly control their inventory.Outlook for the second half,Supor will contin

152、ue to promote innovation pf new products,enhance efficiency and reduce cost to conquer the gloomy international market given that the uncertainty is still remaining,2.Risk from price fluctuations of production factors In the first half of 2022,the prices of main raw materials of cookware and small d

153、omestic appliances such as aluminum,copper,stainless steel and plastics dropped slightly,but they remained at a high level.In order to cope with the risks caused by the price fluctuations of production factors,Supor is actively improving the internal labor productivity and pushing to implement the l

154、ean projects to reduce the negative impacts caused by the rise in price of raw materials on the production costs.Besides the Company is actively boosting the automation of production line,improving the per capita labor output,and reduce the impact caused by rise in labor cost.3.Risk of intensified m

155、arket competitiveness As the operating cost of enterprise rises,industry brand concentration will be further increased,and there is the risk of intensified market competition in the field of cookware and small domestic appliances.In order to seize market share,high-end brand will continue to expand

156、sales channel and regulate product and price strategy,and some high-end brand will enter shopping mall and supermarket channels to participate in high-end market competition,which will further intensify the competitiveness of industry.The Company will keep on insisting in the strategy to take produc

157、t innovation as the core,and keep on improving innovation ability to create more products with high additional value and high margin,giving full play to the competitive edge of multiple brands and multiple product categories of Supor,and continue to improve market shares and profitability of Supor.4

158、.Product export and exchange loss caused by exchange rate fluctuation The current fluctuation in foreign exchange is possible to bring negative influence.The Company has implemented the RMB settlement of export business to SEB,with low exchange risk.2022 Semiannual Report of Zhejiang Supor Co.,Ltd.2

159、2 SECTION IV CORPORATE GOVERNANCE I.Annual shareholders meeting and interim shareholders meeting held in the reporting period 1.Shareholders meeting in the Reporting Period Session Meeting type Proportion of participated investors Convening date Date of disclosure Meeting resolution The Annual Gener

160、al Meeting of Shareholders for 2021 Fiscal Year Annual Shareholders Meeting 8.19%April 25,2022 April 26,2022 For details,please refer to the Announcement of Resolution of the Annual General Meeting of Shareholders for 2021 Fiscal Year(2022-025)disclosed on http:/ 2.Interim shareholders meeting held

161、at the request of preferred shareholders with restored voting right Applicable Not-applicable II.Change of directors,supervisors and senior executives Applicable Not-applicable The directors,supervisors and senior executives of the Company have not been changed within the report period.As for detail

162、s,please see 2021 Annual Report.III.Profit distribution and conversion of conversion from capital reserves to share capital during the reporting period Applicable Not-applicable The Company has planned not to distribute cash dividends or bonus shares semiannually,and not to convert capital reserve i

163、nto share capital.IV.Implementation of Companys equity incentive plan,employee equity holding plan or other employee incentive measures Applicable Not-applicable 1.Equity incentive 1.On January 6 2022,the 11th Session of the Seventh Board of Directors and 10th Session of the Seventh Board of Supervi

164、sors reviewed and adopted the Proposal on Grant of Restricted Stock to Incentive Objects,agreeing to grant 1,209,500 shares of Restricted Stock to totally 293 Incentive Objects.Independent Directors have addressed independent opinions on above Proposals.2022 Semiannual Report of Zhejiang Supor Co.,L

165、td.23 For details,please refer to the Announcement of Grant of Restricted Stock to Incentive Objects disclosed on Securities Times,China Securities Journal,Securities Daily,and http:/ dated January 7,2022.2.On January 28,2022,the Company disclosed the Announcement of Completion of Registration for G

166、rant of Restricted Stock on Securities Times,China Securities Journal,Securities Daily,and http:/.The Restricted Stock of the Company has been registered under the name of all incentive objects on January 27,2022.3.On March 31,2022,the 12th Session of the Seventh Board of Directors and 11th Session

167、of the Seventh Board of Supervisors reviewed and adopted the Proposal on Repurchasing and Canceling a Part of Restricted Stock.For disqualification of six incentive objects due to their resignation,the Company has decided to repurchase and cancel 24,000 shares of Restricted Stock at the price of RMB

168、1.00 per share.The proposals were reviewed and approved at the Annual General Meeting of Shareholders for 2021 Fiscal Year held on April 25,2022.The Company has repurchased and canceled 24,000 shares of Restricted Stock at the price of RMB1.00 per share and paid totally RMB24,000 to the above resign

169、ed incentive objects.After confirmed by Shenzhen Branch of CSDCC,the Company completed purchase and cancellation work on June 29,2022.For detailed contents,see Announcement of Repurchasing and Canceling a Part of Restricted Stock and Announcement of Completion of Repurchase and Cancellation a Part o

170、f Restricted Stock disclosed on Securities Times,China Securities Journal,Securities Daily,and http:/ dated April 1,2022 and June 30,2022 respectively.2.Implementation of employee equity holding plan Applicable Not-applicable 3.Other employee incentive measures Applicable Not-applicable 2022 Semiann

171、ual Report of Zhejiang Supor Co.,Ltd.24 SECTION V ENVIRONMENTAL AND SOCIAL RESPONSIBILITY I.Significant environmental protection problems Do the listed company and its subsidiaries belong to key pollutant discharging unit posted by the environmental protection department?Yes No Name of the Company o

172、r subsidiary Name of main pollutant or specific pollutant Discharge mode Number of discharge ports Distribution of discharge ports Discharge concentration Executive pollutant discharge standard Total discharge amount Total discharge amount checked Excessive discharge Zhejiang Supor Co.,Ltd.COD Manag

173、e after pollutants are treated up to standards 1 Wastewater discharge port of the wastewater station in plant area 30mg/L Quasi-IV standards in the Table of Effluent Indexes and Standard Limits for Urban Sewage Treatment Stations in Taizhou 3.809t 8.662t/a Ammoniacal nitrogen 1.5mg/L 0.19t 0.433t/a

174、SO2 Manage in an organized manner 15 No.1 and No.6 workshops 3 mg/m Limitation requirements in the Comprehensive Air Pollution Control Program for Industrial Furnaces(HDQ 2019 No.56)0.476t 3.06t/a NOx 8 mg/m 4.45t 14.66t/a Zhejiang Supor Electrical Appliance Manufacturing Co.,Ltd.COD Indirect discha

175、rge 1 General discharge port of wastewater 13.007mg/l Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant(GB18918-2002)4.59t 14.6t/a Ammoniacal nitrogen 0.140mg/l Indirect Discharge for Emission Limitation of Nitrogen and Phosphorus for Industrial Wastewater(DB33/887-2013)0.049

176、t 0.73t/a VOCs Manage in an organized manner 3 Spraying and drying exhaust gas discharge port;Spraying exhaust gas discharge port;Exhaust gas discharge port 11.493mg/m Emission Standard of Air Pollutants for Industrial Surface Coating(DB33/2146-2018)0.792t 2.067t/a 2022 Semiannual Report of Zhejiang

177、 Supor Co.,Ltd.25 on plastic workshop None Zhejiang Shaoxing Supor Domestic Electrical Appliances Co.,Ltd.COD Manage after pollutants are treated up to standards 1 Wastewater discharge port of the wastewater station in plant area 106.73mg/L Integrated Wastewater Discharge Standard(GB8978-1996)36.29t

178、 69.63t/a Ammoniacal nitrogen 8.38mg/L Indirect Discharge for Emission Limitation of Nitrogen and Phosphorus for Industrial Wastewater(DB33/887-2013)2.85t 7.43t/a Total nitrogen 26.85mg/L Wastewater Quality Standards for Discharge to Municipal Sewers(GB/T 31962-2015)9.13t 15.07135t/a Total nickel 0m

179、g/L Emission Standard of Pollutants for Electroplating(GB 21900-2008)0t 0.000022t/a Wuhan Supor Cookware Co.,Ltd.COD Under intermittent discharge,the flow is unstable and irregular during discharge,but it does not belong to impact discharge 1 Wastewater discharge port of the sewage treatment station

180、 in plant area 14.19mg/L Integrated Wastewater Discharge Standard(GB8978-1996)3.31t 19.38t/a Ammoniacal nitrogen 0.41mg/L Wastewater Quality Standards for Discharge to Municipal Sewers(GB/T 31962-2015)0.10t 1.94t/a VoCs Manage in an organized manner 1 Spraying waste gas disposal and discharge port 0

181、.3103mg/Nm3 Integrated Emission Standard of Air Pollutants(GB16297-1996)1.02t 12.16t/a Construction and operation of pollution prevention facilities Under special sewage treatment mechanism in the Company,all wastewater generated will gather at this station for central treatment.After chemical preci

182、pitation and autocatalyzed oxidation,wastewater will meet the discharge standards and then be discharged into municipal wastewater pipes.At the same time,the Company has reclaimed water reuse facilities that can arrange water treatment plan according to water quality.The production wastewater is fir

183、st treated at the sewage treatment station and then disposed through the reclaimed water system for production.After that,part of the sanitary sewage after combined treatment enters municipal sewage network.During the reporting period,through on-line monitoring by authorities,the Companys correspond

184、ing pollution prevention and control facilities operate normally and meet the emission standards.2022 Semiannual Report of Zhejiang Supor Co.,Ltd.26 Environmental impact assessment of construction projects and other administrative permissions for environmental protection During the reporting period,

185、the subsidiary,Shaoxing Supor,implemented the technical transformation project with an annual output of 18 million sets of smart domestic appliance in the existing plant area.The project complies with the national and local oriented development requirements for the relevant industry,and it also comp

186、lies with the overall urban planning and land utilization planning of Shaoxing City and the partitioned control and management plan of Three Lines and One List for the ecological environment of Yuecheng District,Shaoxing City.The site election of the project is rational,and the project clean product

187、ion measures are feasible,after taken the pollution prevention and control measures,the production pollutants can all meet the discharging standards,the total amount is under control with little implact on surrounding air environment,water environment,sound environment and other environmental protec

188、ted objects.The quality of ambient air,surface water,underground water,acoustic environment in the surroundings of the project meet the corresponding functional requirements.Pursuant to the Notice about Enhancement on Environmental Impact Assessment Management with Environmental Quality Improvement

189、as the Core(HHP 2016 No.150),the selected project site is not within the boundary line of ecological protection,and after effective governance measures are implemented for the project,the environmental quality meets relevant requirements.Therefore,the project development meets the requirements of Th

190、ree Lines and One List(as set out in HHP 2016 No.150).To sum up,the project complies with the various principles of environmental protection approval,and the implementation of the project on the existing site is feasible from the perspective of environmental protection.Environmental emergency plan I

191、n order to establish and perfect the emergency mechanism of environmental events,improve the ability of enterprises to deal with environmental events,prevent the occurrence of abrupt environmental events,and quickly and effectively carry out personnel evacuation,cleaning and purification,environment

192、al monitoring,pollution tracking,information disclosure,ecological environmental impact assessment and restoration actions upon occurrence of environmental events,reduce the accident losses and social hazards to the minimum,maintain social stability,safeguard public health and property security,prot

193、ect the security of local environment and water resources,and promote the comprehensive,coordinated and sustainable development of the society,the Company,taking into account its actual production and operation situation,should formulate the emergency plan for abrupt environmental events on the basi

194、s of earnest identification and evaluation of potential major hazards,accident types,occurrence possibility,accident consequences,and degree of severity.Currently,the Company has completed the preparation,review&approval and filing of the emergency plan for abrupt environmental events.The Company ad

195、heres to the principles of Prevention Orientation,Hazard Mitigation,Centralized Leadership,Hierarchal Responsibility,Self-rescue Machanism,Localized Management,Resource Integration,Linkage Disposal,and carries out the work in relation to the emergency plan for abrupt environmental events.Environment

196、al monitoring scheme The Company has formulated the environment self-monitoring plan in accordance with relevant national laws and regulations,and which includes:(1)Waste gas pollution source monitoring:Sampling points are set up at all discharge ports of waste gases,and monitoring of waste gases is

197、 conducted on a quarterly/semi-annually basis and from time to time,based on different monitoring indexes;(2)Wastewater pollution source monitoring:Monitoring and sampling are conducted on a monthly basis at the inlet and outlet of the wastewater treatment station,in order to monitor the variation o

198、f wastewater pollution source and the up-to-standard discharge of the wastewater treated by the wastewater treatment station.The monitoring items include:suspended matters,five-day biochemical oxygen demand,anionic surfactant,total phosphorus,petroleum,etc.Administrative penalty received within the

199、reporting period due to environmental problems None Other environmental information that shall be made public None 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.27 Measures to reduce carbon emissions during the reporting period and effects Applicable Not-applicable Other environmental protection

200、related information None II.Social responsibilities During the reporting period,the Company continued to support rural schools in need in remote mountainous areas in the central and western regions to improve their school-running conditions,and comprehensively improve the school-running ability of r

201、ural schools by means of teacher training,online&offline education support,etc.In the context of rural revitalisation and common prosperity,the Company proposed to share a better life with every child,hoping to leverage its industrial strengths to support rural primary schools to further develop int

202、o schools suitable for rural childrens lives,and to promote the practice of future-oriented life education in schools to improve the quality of education.During the reporting period,the Company donated RMB2 million to support the post-disaster reconstruction of Supor Primary School in Yuanzhuang,Jun

203、 County,Henan Province,and it has completed the main construction of the teaching and dormitory buildings,which are expected to be put into use in the autumn term this year.So far,Supor has donated 28 rural schools in the central and western China.Among which,14 Supor primary schools have introduced

204、 Ulight online livestreaming courses of art and foreign language for public welfare.In addition,the Company has tried to use its own products for the public good,allowing rural children to participate in the design of childrens water cup products and giving them as gifts to over 3,000 mountainous ru

205、ral children on Childrens Day.In line with the requirements for labor education in primary and secondary schools advocated by the Ministry of Education,the Company has been implementing future-oriented life education on a pilot basis with Wentao Primary School in Binjiang District,Hangzhou,striving

206、to be a model implemented in more urban and rural schools.With the promotion of rural revitalization and common prosperity,the Company will closely keep up with the national policy in the future.The Company will actively promote various public welfare actions in the areas of life education for child

207、ren in mountain villages and broaden their horizons among young people in mountain villages by taking the advantages of own business capabilities and resources on the public welfare platform of Supor.Besides,we will unite more like-minded public welfare partners to work together to contribute to the

208、 realization of better life and better society in remote regions.2022 Semiannual Report of Zhejiang Supor Co.,Ltd.28 SECTION VI SIGNIFICANT EVENTS I.Commitments that were fulfilled in the reporting period and had not been fulfilled till the end of the reporting period by actual controller,shareholde

209、r,related party,acquirer and the Company Applicable Not-applicable Commitments that were fulfilled in the reporting period and had not been fulfilled till the end of the reporting period by actual controller,shareholder,related party,acquirer and the Company.II.Non-operating occupation of capital of

210、 listed companies by controlling shareholders and related parties Applicable Not-applicable There was no non-operating occupation of capital of listed companies by controlling shareholders and related parties of the Company during the reporting period.III.Conditions of illegal external guarantee App

211、licable Not-applicable The Company involves no illegal external guarantee during the reporting period.IV.Employment and dismissal of certified public accountants Has the semiannual financial statement been audited?Yes No The semiannual report has not been audited.V.Explanation of the Board of Direct

212、ors and the Board of Supervisors on the Non-standard audit report Applicable Not-applicable VI.Description of Board of Directors for Non-standard audit report last year Applicable Not-applicable VII.Bankruptcy or reorganization Applicable Not-applicable There was no bankruptcy,reorganization or rela

213、ted matters in the Company in the reporting period.VIII.Lawsuits Significant litigations and arbitrations Applicable Not-applicable There was no significant litigation and arbitration occurred in the reporting period.2022 Semiannual Report of Zhejiang Supor Co.,Ltd.29 Other lawsuits Applicable Not-a

214、pplicable IX.Punishment and rectification Applicable Not-applicable X.Integrity Status of the Company,controlling shareholder and actual controller Applicable Not-applicable XI.Significant connected transactions 1.Connected transaction related to daily business Applicable Not-applicable Connected pa

215、rty Correlated relation Type of connected transaction Contents of connected transaction Pricing principle of connected transaction Price of connected transaction Amount of connected transaction(RMB10,000)Percentage to amount of same transaction Approved transaction limit(RMB10,000)Exceeding approved

216、 limit or not Means of payments of connected transaction Market price of available same transaction Date of disclosure Reference for disclosure Wuhan Anzai Cookware Co.,Ltd.Associated enterprise Purchase of commodity Finished products Contract price -6,445.11 1.01%No Bank transfer or notes -Wuhan An

217、zai Cookware Co.,Ltd.Associated enterprise Purchase of commodity Accessories Market price -4,274.69 0.67%No Bank transfer or notes -GROUPE SEB EXPORT Same controlling shareholder with the controlling shareholder Purchase of commodity Finished products Contract price -456.96 0.07%No Bank transfer or

218、notes -TEFAL S.A.S.Same controlling shareholder with the controlling shareholder Purchase of commodity Accessories Market price -556.48 0.09%No Bank transfer or notes -LAGOSTINA S.P.A.Same controlling shareholder Purchase of commodity Finished products Contract price -219.49 0.03%No Bank transfer or

219、 notes -SEB INTERNATIONAL SERVICE S.A.S.Same controlling shareholder with the controlling shareholder Purchase of commodity Accessories Market price -23.42 0.00%No Bank transfer or notes -GROUPE Same Purchase of Accesso Market-183.91 0.03%No Bank-2022 Semiannual Report of Zhejiang Supor Co.,Ltd.30 S

220、EB MOULINEX controlling shareholder with the controlling shareholder commodity ries price transfer or notes ETHERA Same controlling shareholder with the controlling shareholder Purchase of commodity Accessories Market price -31.96 0.00%No Bank transfer or notes -WMF GROUPE GMBH Same controlling shar

221、eholder Purchase of commodity Finished products Contract price -1,238.73 0.19%No Bank transfer or notes -WMF(HE SHAN)MANUFACTURING COMPANY LIMITED Same controlling shareholder Purchase of commodity Finished products Contract price -21.41 0.00%No Bank transfer or notes -Supor Group Co.,Ltd.The compan

222、y controlled by related natural person Purchase of commodity Finished products Contract price -0.75 0.00%No Bank transfer or notes -SEB ASIA LTD.Same controlling shareholder Sale of commodities Finished products Contract price -259,959.08 25.18%No Bank transfer or notes -SEB ASIA LTD.Same controllin

223、g shareholder Sale of commodities Accessories Contract price -264.81 0.03%No Bank transfer or notes -S.A.S.SEB Same controlling shareholder with the controlling shareholder Sale of commodities Finished products Contract price -1,014.32 0.10%No Bank transfer or notes -S.A.S.SEB Same controlling share

224、holder with the controlling shareholder Sale of commodities Accessories Contract price -49.54 0.00%No Bank transfer or notes -TEFAL S.A.S.Same controlling shareholder with the controlling shareholder Sale of commodities Finished products Contract price -577.16 0.06%No Bank transfer or notes -TEFAL S

225、.A.S.Same controlling shareholder with the controlling Sale of commodities Accessories Contract price -781.05 0.08%No Bank transfer or notes -2022 Semiannual Report of Zhejiang Supor Co.,Ltd.31 shareholder GROUPE SEB MOULINEX Same controlling shareholder with the controlling shareholder Sale of comm

226、odities Finished products Contract price -1,172.99 0.11%No Bank transfer or notes -Supor Group Co.,Ltd.The company controlled by related natural person Sale of commodities Finished products Market price -245.99 0.02%No Bank transfer or notes -Zhejiang Nanyang Pharmaceutical Sales Co.,Ltd.The company

227、 controlled by related natural person Sale of commodities Finished products Market price -21.67 0.00%No Bank transfer or notes -SEB INTERNATIONAL SERVICE S.A.S.Same controlling shareholder with the controlling shareholder Sale of commodities Accessories Contract price -1,067.88 0.10%No Bank transfer

228、 or notes -Wuhan Anzai Cookware Co.,Ltd.Associated enterprise Sale of commodities Accessories Contract price -1.19 0.00%No Bank transfer or notes -LAGOSTINA S.P.A.Same controlling shareholder Sale of commodities Finished products Contract price -4.93 0.00%No Bank transfer or notes -LAGOSTINA S.P.A.S

229、ame controlling shareholder Sale of commodities Accessories Contract price -78.17 0.01%No Bank transfer or notes -IMUSA USA LLC Same controlling shareholder Sale of commodities Finished products Contract price -987.27 0.10%No Bank transfer or notes -IMUSA USA LLC Same controlling shareholder Sale of

230、 commodities Accessories Contract price -1.73 0.00%No Bank transfer or notes -WMF Consumer Goods(Shanghai)Co,Ltd.Same controlling shareholder Sale of commodities Finished products Contract price -21.91 0.00%No Bank transfer or notes -GROUPE SEB VIETNAM JOINT STOCK COMPANY Same controlling shareholde

231、r Sale of commodities Finished products Contract price -1,271.21 0.12%No Bank transfer or notes -GROUPE SEB VIETNAM JOINT Same controlling shareholder Sale of commodities Accessories Contract price -1.11 0.00%No Bank transfer or notes -2022 Semiannual Report of Zhejiang Supor Co.,Ltd.32 STOCK COMPAN

232、Y GROUPE SEB CANADA Same controlling shareholder Sale of commodities Finished products Contract price -828.11 0.08%No Bank transfer or notes -GROUPE SEB ANDEAN S.A.Same controlling shareholder Sale of commodities Accessories Contract price -278.51 0.03%No Bank transfer or notes -Total -282,081.54-De

233、tails of large sales return Not applicable Actual implementation of estimated total amount of connected transaction by category incurred during the reporting period in the report period(if any)During January to June of 2022,the total amount of connected transactions between Supor and SEB Group and i

234、ts related parties was RMB 2,710,921,400.Reason for the big difference between transaction price and market reference price(if applicable)Not applicable 2.Connected transaction from the acquisition and sale of assets or equity purchase Applicable Not-applicable There was no connected transaction fro

235、m purchase and sales for assets or equity in the Company reporting period.3.Connected transaction for co-investment abroad Applicable Not-applicable There was no connected transaction for co-investment abroad in the Company reporting period 4.Connected creditors rights and debts Applicable Not-appli

236、cable There were no related creditors rights and debts in the Company reporting period 5.Transactions with connected financial companies Applicable Not-applicable There is no deposit,loan,credit granting or other financial business between the Company and the financial companies with association rel

237、ation,and the Company and the related party.6.The transactions between the financial company controlled by the Company and related party Applicable Not-applicable There is no deposit,loan,credit granting or other financial business between the finance companies controlled by the Company and the rela

238、ted party.2022 Semiannual Report of Zhejiang Supor Co.,Ltd.33 7.Other important connected transactions Applicable Not-applicable There were no significant connected transactions in the Company reporting period.XII.Important contracts and performances 1.Trusteeship,contracting and lease (1)Trusteeshi

239、p Applicable Not-applicable The Company has no trusteeship during the reporting period.(2)Contracting Applicable Not-applicable No contracting was made in the reporting period.(3)Lease situation Applicable Not-applicable Descriptions of related lease situation For details,see 14.Right-of-use asset a

240、nd 25.Lease obligation of VII.Notes to items of consolidated financial statements in Section X FINANCIAL STATEMENT.Projects that bring profit and loss exceeding 10%of the Companys total profit amount in the reporting period.Applicable Not-applicable During the reporting period,there are no leasing i

241、tems which bring profits and losses to the Company of more than 10%of the total profits during the reporting period.2.Important guarantee Applicable Not-applicable Unit:RMB10,000 External guarantee of the Company and its subsidiaries(excluding the guarantee of subsidiaries)Name of guaranteed object

242、Disclosure date of announcement related to the guaranteed amount Guaranteed amount Actual occurring date Actual guaranteed amount Guarantee type Collateral(if any)Counter-guarantee condition(if any)Guarantee period Fulfilled or not Whether it is guaranteed by related party The distributors meeting c

243、ertain On January 22,2021 80,000.00 July 2021-December 2021 38,324.72 General guarantee and pledge Cash Yes July 2021-June 2022 Yes No 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.34 requirements in Supor The distributors meeting certain requirements in Supor December 14,2021 140,000.00 January

244、2022-June 2022 32,108.55 General guarantee and pledge Cash Yes January 2022-December 2022 No No Total approved external guaranteed amount within the reporting period(A1)140,000.00 Total actual external guaranteed amount within the reporting period(A2)70,433.27 Total approved external guaranteed amou

245、nt at the end of the reporting period(A3)220,000.00 Total balance of actual external guarantee at the end of the reporting period(A4)21,919.74 The Companys guarantee of subsidiaries Name of guaranteed object Disclosure date of announcement related to the guaranteed amount Guaranteed amount Actual oc

246、curring date Actual guaranteed amount Guarantee type Collateral(if any)Counter-guarantee condition(if any)Guarantee period Fulfilled or not Whether it is guaranteed by related party Zhejiang Shaoxing Supor Housewares Co.,Ltd.April 1,2021 200,000.00 July 2021-August 2021 26,600.00 General guarantee N

247、one None July 2021-February 2022 Yes No Zhejiang Shaoxing Supor Housewares Co.,Ltd.April 1,2021 200,000.00 January 2022-April 2022 24,081.50 General guarantee None None January 2022-October 2022 No No Zhejiang Shaoxing Supor Housewares Co.,Ltd.April 1,2022 300,000.00 May 2022-June 2022 41,570.00 Gen

248、eral guarantee None None May 2022-December 2022 No No Total approved guaranteed amount of subsidiaries within the reporting period(B1)400,000 Total actual guaranteed amount of subsidiaries within the reporting period(B2)92,251.50 Total approved guaranteed amount of subsidiaries at the end of the rep

249、orting period(B3)700,000 Total actual guarantee balance of subsidiaries at the end of the reporting period(B4)65,651.50 Subsidiaries guarantee of subsidiaries Name of guaranteed object Disclosure date of announcement related to the guaranteed amount Guaranteed amount Actual occurring date Actual gua

250、ranteed amount Guarantee type Collateral(if any)Counter-guarantee condition(if any)Guarantee period Fulfilled or not Whether it is guaranteed by related party Zhejiang Shaoxing Supor Housewares Co.,Ltd.April 1,2021 200,000.00 July 2021-October 2021 8,417.50 General guarantee None None July 2021-Apri

251、l 2022 Yes No Zhejiang Shaoxing Supor Housewares April 1,2021 200,000.00 January 2022 33,667.00 General guarantee None None January 2022-July 2022 No No 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.35 Co.,Ltd.Zhejiang Shaoxing Supor Housewares Co.,Ltd.April 1,2022 300,000.00 June 2022 5,323.50 G

252、eneral guarantee None None June 2022-December 2022 No No Total approved guaranteed amount of subsidiaries within the reporting period(C1)0 Total actual guaranteed amount of subsidiaries within the reporting period(C2)47,408.00 Approved total guaranteed amount towards the subsidiaries at the end of t

253、he reporting period(C3)0 Total actual guarantee balance of subsidiaries at the end of the reporting period(C4)38,990.50 Total guaranteed amount of the Company(namely the total of the first three items)Approved total guaranteed amount in reporting period(A1+B1+C1)540,000.00 Total guaranteed actual am

254、ount during the reporting period(A2+B2+C2)210,092.77 Total approved guaranteed amount at the end of reporting period(A3+B3+C3)920,000.00 Total actual guarantee balance at the end of reporting period(A4+B4+C4)126,561.74 Proportion(%)of the actual total guaranteed amount(that is A4+B4+C4)in the Compan

255、ys net assets 18.16%Including:Total guaranteed amount of shareholders,actual controllers and related party(D)0 Guaranteed amount provided for guaranteed objects with a liability rate of assets of over 70%directly or indirectly(E)104,642.00 Excess of total guaranteed amount over 50%of net assets(F)0

256、Total guaranteed amount of the said three items(D+E+F)104,642.00 Description of the situation where the guarantee liability has occurred within the reporting period or there is evidence that it is possible to bear joint liability for repayment for the unexpired guarantee contract(if any)None Descrip

257、tions for external guarantee provided against the established procedures(if any)None Note:The 12th Session of the Seventh Board of Directors and the Annual General Meeting of Shareholders for 2021 Fiscal Year reviewed and adopted the Proposal on Guarantee for Wholly-owned Subsidiary and Mutual Guara

258、ntee among Wholly-owned Subsidiarie.The Company and its wholly-owned subsidiary would guarantee for wholly-owned subsidiaries with a total amount not exceeding RMB 4 billion in 2022 fiscal year.3.Entrustment of wealth management Applicable Not-applicable Unit:RMB10,000 Specific type Source of entrus

259、ted financial fund Amount of entrusted financial management Undue balance Overdue amount unclaimed Amount of impairment accrued from overdue financial products Bank financial products Own fund 30,000.00 22,000.00 0 0 Total 30,000.00 22,000.00 0 0 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.36 D

260、uring the reporting period,financial products were purchased and the principal and income were recovered as follows:For the short-term financial products purchased by the Company in first half of 2022,please refer to http:/ Announcement of Using Excessive Cash to Purchase Short-term Financial Produc

261、ts(2022-015),Announcement of Progress of Using Excessive Cash to Purchase Short-term Financial Products(2022-024)and Announcement of Progress of Using Excessive Cash to Purchase Short-term Financial Products(2022-041).Specific description for high-risk entrusted finance with single significant amoun

262、t,low security,poor liquidity and unguaranteed principal Applicable Not-applicable Circumstances in which principal of entrusted financing may not be recovered or which may result in decrease in value:Applicable Not-applicable 4.Other important contracts Applicable Not-applicable There were no other

263、 significant contracts involved in the Company in the reporting period.XIII.Introduction for Other Important Matters Applicable Not-applicable There were no other important matters in the reporting period.XIV.Important Matter of the Companys Subsidiaries Applicable Not-applicable 2022 Semiannual Rep

264、ort of Zhejiang Supor Co.,Ltd.37 SECTION VII CHANGES IN SHARE CAPITAL AND PARTICULARS ABOUT SHAREHOLDERS I.Changes in Share Capital 1.Changes in share capital Unit:share Before change Increase/decrease in the period(+,-)After change Share number Proportion New shares Shares bonus Converted capital O

265、thers Subtotal Share number Proportion I.Restricted Outstanding Shares 848,564 0.10%1,007,259 1,007,259 1,855,823 0.23%1.Shares held by the State 0 0.00%0 0 0 0.00%2.Shares held by state-owned legal entities 0 0.00%0 0 0 0.00%3.Shares held by other domestic investors 848,564 0.10%1,007,259 1,007,259

266、 1,855,823 0.23%Including:Shares held by domestic legal entities 0 0.00%0 0 0 0.00%Shares held by domestic natural persons 848,564 0.10%1,007,259 1,007,259 1,855,823 0.23%4.Shares held by foreign capitals 0 0.00%0 0 0 0.00%Including:Shares held by foreign legal entities 0 0.00%0 0 0 0.00%Shares held

267、 by foreign natural persons 0 0.00%0 0 0 0.00%II.Non-restricted Outstanding Shares 807,829,912 99.90%-1,031,259-1,031,259 806,798,653 99.77%1.RMB common shares 807,829,912 99.90%-1,031,259-1,031,259 806,798,653 99.77%2.Domestically listed foreign shares 0 0.00%0 0 0 0.00%3.Overseas listed foreign sh

268、ares 0 0.00%0 0 0 0.00%4.Others 0 0.00%0 0 0 0.00%III.Sum of Shares 808,678,476 100.00%-24,000-24,000 808,654,476 100.00%Reasons for share capital change Applicable Not-applicable 1.Top management of the Company unlocked 25%of the shares registered under their names on the last transaction date of t

269、he previous year.2.Totally 1,209,500 shares of Restricted Stock in 2021 Restricted Stock Incentive Plan have been registered under the name of 293 incentive objects on January 27,2022.3.On June 29,2022,the totally 24,000 shares of restricted stock that have been granted to resigned incentive objects

270、 but have not been 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.38 unlocked from restriction in 2021 restricted stock incentive plan were repurchased and cancelled.Upon the repurchase and cancellation,the Companys total share capital decreased from 808,678,476 to 808,654,476 shares.Approval of c

271、hange in stock Applicable Not-applicable 1.On January 6 2022,the 11th Session of the Seventh Board of Directors and the 10th Session of the Seventh Board of Supervisors reviewed and adopted the Proposal on Grant of Restricted Stock to Incentive Objects,agreeing to grant 1,209,500 shares of Restricte

272、d Stock to totally 293 Incentive Objects.The grant date for Restricted Stock is January 6,2022.After confirmed by Shenzhen Branch of CSDCC,the Restricted Stock in 2021 Restricted Stock Incentive Plan were registered under all incentive objects on January 27,2022.2.On March 31,2022,the 12th Session o

273、f the Seventh Board of Directors and the 11th Session of the Seventh Board of Supervisors reviewed and adopted the Proposal on Repurchasing and Canceling a Part of Restricted Stock.For disqualification of six Incentive Objects due to their resignation,the Company has decided to repurchase and cancel

274、 24,000 shares of Restricted Stocks at the price of RMB1 per share.The proposal has been deliberated and approved during the Annual General Meeting of Shareholders for 2021 Fiscal Year held on April 25,2022.The Company has repurchased and canceled 24,000 shares of Restricted Stock at the price of RM

275、B1 per share and paid totally RMB24,000 to the above resigned incentive objects.After confirmed by Shenzhen Branch of CSDCC,the Company completed purchase and cancellation work on June 29,2022.Transfer of shares changed Applicable Not-applicable After confirmed by Shenzhen Branch of CSDCC,totally 1,

276、209,500 shares of Restricted Stock in 2021 Restricted Stock Incentive Plan were transferred and registered to the names of 293 incentive objects on January 27,2022 Progress in the implementation of share repurchase Applicable Not-applicable The Proposal on Public Shares Repurchase Plan was reviewed

277、and adopted by the 12th Session of Seventh Board of Directors held on March 31,2022.To effectively protect the interests of shareholders,enhance investor confidence,and consider the Companys overall financial situation,the Company planned to repurchase the Companys shares with self-owned capital for

278、 reducing registered capital and implementing equity incentive plan.The Company would repurchase the Companys shares from secondary market through concentrated competitive bidding.The maximum price for repurchasing shares shall not exceed RMB57.96 per share(adjusted to RMB56.03 per share after Profi

279、t Distribution for 2021 Fiscal Year).The top limitation of shares to be repurchased will not exceed 16,173,570 shares and the bottom limitation of shares will not be lower than 8,086,785 shares.The valid duration of public shares repurchase plan shall be within 12 months after the general meeting of

280、 shareholders having approved the Resolution on Public Shares Repurchase Plan.The Company initiatly implementated the share repurchase plan on May 6,2022.As of the end of the reporting period,the Company has repurchased 1,095,000 shares accounting for 0.14%of the total share capital of the Company;a

281、t the highest price of RMB54.00/share and lowest price of RMB50.75/share with the payment of RMB58,179,500(excluding transaction cost).The Proposal on Public Share Repurchase Plan was reviewed and adopted by the Annual General Meeting of Shareholders for 2021 Fiscal Year held on April 25,2022 and th

282、e Repurchase Report on Public Shares was published on April 26,2022.For detailed contents,please see the Repurchase Report on Public Shares(Announcement No.:2022-028),Announcement on Adjusting Share Price for Public Shares Repurchase Plan(Announcement No.:2022-035),Announcement of Initial Repurchase

283、 of Public Shares(Announcement No.:2022-032)and Announcement on Progress of Public Shares Repurchase Plan(Announcement No.:2022-033,2022-036 and 2022-038)disclosed on Securities Times,China Securities Journal,Securities Daily,and http:/.Progress in the reduction of shareholding of repurchased shares

284、 through auction Applicable Not-applicable Influence of shares change on basic earnings per share and diluted earnings per share in the latest year and period and net assets per share owned by the Companys ordinary shareholder and other financial indexes 2022 Semiannual Report of Zhejiang Supor Co.,

285、Ltd.39 Applicable Not-applicable Totally 24,000 shares of Restricted Stock were repurchased and cancelled which creates minor influence on the earnings per share and diluted revenue per share and creates no influence on the net asset value per share vested in common shareholders of the Company and o

286、ther financial indexes.The other contents the Company thinks fit to disclose or the securities regulatory authority requires disclosing Applicable Not-applicable 2.Changes of Restricted Stock Applicable Not-applicable Unit:share Name Restricted outstanding stocks at period-begin Restricted outstandi

287、ng stocks unlocked in the reporting period Increased outstanding stocks unlocked in the reporting period Restricted outstanding stocks at period-end Restriction reason Date of unlocking restriction Su Xianze 486,136 121,534 364,602 Locked stocks of top management Top management of the Company unlock

288、ed 25%of the shares registered under their names on the last transaction date of the previous year.Xu Bo 173,737 43,434 130,303 Locked stocks of top management Top management of the Company unlocked 25%of the shares registered under their names on the last transaction date of the previous year.Ye Ji

289、de 52,191 13,048 39,143 Locked stocks of top management Top management of the Company unlocked 25%of the shares registered under their names on the last transaction date of the previous year.Su Ming-Jui 136,500 225 136,275 Locked stocks of top management(resignation)Before November 19,2023,25%of the

290、 total shares can be unlocked each year.All the shares held after the above date will be unlocked.Incentive objects of 2021 Equity Incentive Plan 0 24,000 1,209,500 1,185,500 Restricted Stock of equity incentive,of which the Company repurchased and cancelled 24,000 shares of Restricted Stock granted

291、 to the resigned incentive objects that had not yet reached the conditions for release of Restricted Stock.Totally 1,209,500 shares of Restricted Stock in 2021 Restricted Stock Incentive Plan were transferred and registered to 293 incentive objects on January 27,2022.The above Restricted Stock will

292、be unlocked in two phases after 24 months from the date of completion of grant registration with each phase having a 50%unlocking ratio.The first phase is expected to be unlocked on January 27,2024;and the second phase is expected to be unlocked on January 27,2025.Total 848,564 202,241 1,209,500 1,8

293、55,823-II.Security Offering and Listing Information Applicable Not-applicable III.Number of Shareholders of the Company and Share-holding Conditions Unit:share 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.40 Total number of common shareholders at the end of the reporting period 16,005 Total numb

294、er of preferred shareholder whose voting right is recovered at the end of reporting period(if any)(refer to Note 8)0 Information on shareholders holding more than 5%stocks or information on top 10 shareholders Name Nature Shareholding ratio Number of shares held at period-end Increase/decrease in th

295、e reporting period Number of restricted outstanding shares Number of non-restricted outstanding shares Pledge,labeling,or freezing Status of shares Share number SEB INTERNATIONALE S.A.S Foreign legal entity 82.44%666,681,904 0 0 666,681,904 Hong Kong Securities Clearing Company Ltd.Foreign legal ent

296、ity 8.43%68,164,438 3,696,054 0 68,164,438 Ningbo Bank-Zhongtai Xingyuan Value-selected Flexible Complex Securities Investment Funds Others 0.70%5,689,830 5,115,178 0 5,689,830 Fidelity Mutual Fund&Investment Management-Customers Capital Foreign legal entity 0.31%2,529,922-1,264,800 0 2,529,922 Chin

297、a Merchants Bank-Zhongtai Yuheng Value-selected Flexible Complex Securities Investment Funds Others 0.27%2,192,383 1,892,683 0 2,192,383 BNP Paribas-Own Funds Foreign legal entity 0.27%2,150,145-2,391,836 0 2,150,145 National Social Security Fund No.502 Others 0.23%1,862,265 1,862,265 0 1,862,265 In

298、dustrial Bank-Zhongtai Xingwei Value-selected Complex Securities Investment Funds Others 0.21%1,680,777 1,680,777 0 1,680,777 BARCLAYS BA NK PLC Foreign legal entity 0.17%1,386,091 1,288,819 0 1,386,091 Bank of Communications-E-Fund Kerui Flexible Complex Securities Investment Funds Others 0.16%1,31

299、4,314 1,314,314 0 1,314,314 Strategic investor or general corporate investor who becomes top 10 shareholder as a result of rights issue(if any)(refer to Note 3)None Description on the above-mentioned shareholder relationships or concerted actions Ningbo Bank-Zhongtai Xingyuan Value-selected Flexible

300、 Complex Securities Investment Funds,China Merchants Bank-Zhongtai Yuheng Value-selected Flexible Complex Securities Investment Funds and Industrial Bank-Zhongtai Xingwei Value-selected Complex Securities Investment Funds,all of which belongs to Zhongtai Fund.It is not aware of whether other shareho

301、lders are associated with each other,and whether they are persons acting in concert as stipulated in the Measures for the Administration of the Acquisition of Listed Companies.Description of the above shareholders involvement in entrusted/entrusted voting rights and waiver of voting rights None Spec

302、ial instructions for the existence of special repurchase accounts among the top 10 shareholders(if any)(see Note 11)None Top 10 shareholders holding non-restricted outstanding shares Name Number of non-restricted Type of share 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.41 outstanding stocks he

303、ld at reporting period-end Type of share Share number SEB INTERNATIONALE S.A.S 666,681,904 RMB common shares 666,681,904 Hong Kong Securities Clearing Company Ltd.68,164,438 RMB common shares 68,164,438 Ningbo Bank-Zhongtai Xingyuan Value-selected Flexible Complex Securities Investment Funds 5,689,8

304、30 RMB common shares 5,689,830 Fidelity Mutual Fund&Investment Management-Customers Capital 2,529,922 RMB common shares 2,529,922 China Merchants Bank-Zhongtai Yuheng Value-selected Flexible Complex Securities Investment Funds 2,192,383 RMB common shares 2,192,383 BNP Paribas-Own Funds 2,150,145 RMB

305、 common shares 2,150,145 National Social Security Fund No.502 1,862,265 RMB common shares 1,862,265 Industrial Bank-Zhongtai Xingwei Value-selected Complex Securities Investment Funds 1,680,777 RMB common shares 1,680,777 BARCLAYS BA NK PLC 1,386,091 RMB common shares 1,386,091 Bank of Communication

306、s-E-Fund Kerui Flexible Complex Securities Investment Funds 1,314,314 RMB common shares 1,314,314 Connected relationship or concerted parties among the top 10 shareholders holding non-restricted outstanding shares,and between the top 10 shareholders holding non-restricted outstanding stocks and top

307、10 shareholders Same as above Information on top 10 common shareholders involved in securities margin trading business(if any)(see Note 4)None Did the top 10 common shareholders and the top 10 common shareholders holding non-restricted stocks conduct the agreed repurchase transaction during the repo

308、rting period?Yes No The top 10 common shareholders and the top 10 common shareholders holding non-restricted stocks did not conduct the agreed repurchase transaction during the reporting period.IV.Changes in share holding status of directors,supervisors and senior executives Applicable Not-applicabl

309、e Name Position Position status Beginning quantity of stocks Quantity of increased stocks in this period Quantity of decreased stocks in this period Closing quantity of stocks Quantity of restricted stocks to be granted at the beginning Quantity of restricted stocks to be granted in this period Quan

310、tity of restricted stocks to be granted at the end of period Su Xianze Director On-service 486,136 0 121,534 364,602 0 0 0 Cheung Kwok Wah General Manager On-service 0 0 0 0 0 60,000 60,000 Xu Bo Chief Financial Officer On-service 173,737 0 0 173,737 0 45,000 45,000 Ye Jide Vice General Manager,Boar

311、d Secretary On-service 52,191 0 0 52,191 0 20,000 20,000 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.42 Total -712,064 0 121,534 590,530 0 125,000 125,000 V.Change of the controlling shareholder or actual controller Change of controlling shareholder in the reporting period Applicable Not-applic

312、able No change of controlling shareholder occurred in the reporting period.Change of actual controller in the reporting period Applicable Not-applicable No change of actual controller occurred in the reporting period.2022 Semiannual Report of Zhejiang Supor Co.,Ltd.43 SECTION VIII INFORMATION ON PRE

313、FERRED SHARE Applicable Not-applicable No preferred share existed in the reporting period.2022 Semiannual Report of Zhejiang Supor Co.,Ltd.44 SECTION IX INFORMATION ON BOND Applicable Not-applicable 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.45 SECTION X FINANCIAL STATEMENT I.Audit Report Was

314、semiannual report audited?Yes No The semiannual report has not been audited.II.Financial statement Unit of statement in notes to financial statement:RMB 1.Consolidated balance sheet Compiled by:Zhejiang Supor Co.,Ltd.June 30,2022 Unit:RMB Item June 30,2022 January 1,2022 Current asset:Monetary capit

315、al 3,479,946,026.90 2,654,052,417.47 Settlement reserve Loans to other banks Transactional financial assets 220,550,529.85 180,312,742.31 Derivative financial assets Notes receivable 35,454,679.55 54,879,357.24 Accounts receivable 2,151,142,929.18 2,716,945,985.33 Receivables financing 232,348,975.1

316、4 3,312,225.62 Advance payment 398,813,676.89 385,367,862.85 Premiums receivable Reinsurance accounts receivable Reinsurance contract reserve receivable Other receivables 16,635,885.82 12,159,756.67 Including:Interest receivable Dividends receivable Reverse-REPO financial assets Inventories 2,280,31

317、9,255.52 3,096,517,055.33 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.46 Contract assets Held-for-sale assets Non-current assets due within one year Other current assets 659,654,342.93 2,055,027,382.63 Total current assets 9,474,866,301.78 11,158,574,785.45 Non-current assets:Loans and advances

318、 granted Debt investment Other debt investments 586,813,657.54 298,191,205.49 Long-term receivables Long-term equity investment 65,019,578.66 65,600,611.64 Other equity instrument investments Other non-current financial assets Investment properties Fixed assets 1,278,054,718.16 1,291,902,992.54 Cons

319、truction in progress 21,688,231.49 26,482,779.31 Productive biological assets Oil and gas assets Right-of-use asset 190,934,091.71 195,528,644.13 Intangible assets 445,623,658.16 452,200,863.39 Development expenditures Goodwill Long-term unamortized expenses Deferred income tax assets 408,477,092.55

320、 410,974,540.21 Other non-current asset Toatl non-current asset 2,996,611,028.27 2,740,881,636.71 Total assets 12,471,477,330.05 13,899,456,422.16 Current liabilities:Short-term borrowings Central bank loan Loans from others Transactional financial liabilities 2022 Semiannual Report of Zhejiang Supo

321、r Co.,Ltd.47 Derivative financial liabilities Notes payable 1,578,200,000.00 500,250,000.00 Accounts payable 2,554,956,770.95 3,769,700,826.50 Advance receipt Contract liabilities 470,023,043.75 893,741,863.21 Proceeds from sale of repurchase financial assets Deposit taken and interbank deposit Proc

322、eeds from security transaction agency Proceeds from security underwriting agency Employee remuneration payable 219,734,937.36 321,692,953.88 Taxes payable 231,014,248.04 254,094,791.55 Other payables 99,060,772.22 110,605,272.21 Including:Interest payable Dividends payable Handling fee and commissio

323、n payable Payable reinsurance payment Held-for-sale liabilities Non-current liabilities for one year 34,437,379.21 29,191,343.78 Other current liabilities 110,697,928.26 189,810,383.37 Total current liabilities 5,298,125,079.79 6,069,087,434.50 Non-current liabilities:Reinsurance contract reserve Lo

324、ng-term borrowings Bonds payable Including:preferred shares Perpetual bond Lease obligation 152,646,041.84 157,420,210.81 Long-term payables Long-term employee remuneration payable 1,626,823.60 1,903,631.69 Estimated liabilities 12,172,333.27 12,737,298.24 Deferred income Deferred income tax liabili

325、ties 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.48 Non-current liabilities Total non-current liabilities 166,445,198.71 172,061,140.74 Total liabilities 5,464,570,278.50 6,241,148,575.24 Owners equities:Share capital 808,654,476.00 808,678,476.00 Other equity instruments Including:preferred sh

326、ares Perpetual bond Capital reserves 145,575,590.16 122,970,340.27 Minus:treasury share 59,370,915.23 76,159,897.25 Other comprehensive incomes -30,421,771.31-41,522,541.60 Special reserves Surplus reserve 356,924,811.32 356,924,811.32 General risk reserve Undistributed profit 5,748,952,012.23 6,451

327、,748,564.12 Total owners equities belonging to parent company 6,970,314,203.17 7,622,639,752.86 Minority shareholders equities 36,592,848.38 35,668,094.06 Total owners equities 7,006,907,051.55 7,658,307,846.92 Total liabilities and owners equities 12,471,477,330.05 13,899,456,422.16 Legal represent

328、ative:Thierry de LA TOUR DARTAISE Person in charge of accounting:Xu Bo Person in charge of accounting department:Xu Bo 2.Balance sheet of parent company Unit:RMB Item June 30,2022 January 1,2022 Current asset:Monetary capital 1,050,757,489.52 800,923,960.55 Transactional financial assets 100,147,324

329、.89 Derivative financial assets Notes receivable 945,000.00 2,997,000.00 Accounts receivable 589,830,608.64 742,333,802.03 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.49 Receivables financing Advance payment 21,570,247.56 63,620,742.54 Other receivables 879,855,389.11 1,845,295,351.20 Including

330、:Interest receivable Dividends receivable Inventories 241,333,189.94 240,622,374.15 Contract assets Held-for-sale assets Non-current assets due within one year Other current assets 564,455,967.74 1,889,046,917.63 Total current assets 3,348,747,892.51 5,684,987,472.99 Non-current assets:Debt investme

331、nt Other debt investments 229,911,671.23 194,975,863.02 Long-term receivables Long-term equity investment 3,024,414,764.47 3,013,961,596.02 Other equity instrument investments Other non-current financial assets Investment properties Fixed assets 154,201,318.29 151,228,257.41 Construction in progress

332、 6,112,140.82 12,559,947.93 Productive biological assets Oil and gas assets Right-of-use asset 2,894,545.61 3,363,931.38 Intangible assets 80,291,803.97 83,723,923.89 Development expenditures Goodwill Long-term unamortized expenses Deferred income tax assets 12,251,797.01 14,878,870.52 Other non-cur

333、rent assets 2022 Semiannual Report of Zhejiang Supor Co.,Ltd.50 Total non-current assets 3,510,078,041.40 3,474,692,390.17 Total assets 6,858,825,933.91 9,159,679,863.16 Current liabilities:Short-term borrowings Transactional financial liabilities Derivative financial liabilities Notes payable Accounts payable 195,821,905.14 193,367,234.90 Advance receipts Contract liabilities 2,398,065.17 1,510,7