Anhui Zhongding Sealing Parts Co.,Ltd.
Report of Q1 2026
Stock Abbreviation: Zhongding Stock
Stock code: 000887
April 2026
The Company and all members of the Board of Directors have guaranteed that the
information disclosed is true, accurate and complete, and contains no false record,
misleading statements or material omissions.
Important Notice：
management staff of Anhui Zhongding Sealing Parts Co., Ltd. (hereinafter referred to as the “Company”)
have guaranteed that this Report contains no false record, misleading statement or material omission and
shall be jointly and severally liable for the factuality, accuracy and completeness of the information given in
this Report.
the quarterly financial statements should be true, accurate and complete.
In case of any discrepancy, the Chinese version of the report shall prevail.
□ Yes √ No
(1) Main accounting data and financial indicators
Whether the company needs to retrospectively adjust or restate accounting data for previous years
Yes No
Unit: yuan
Operating Revenues 4,379,470,788.25 4,854,188,014.79 -9.78%
Net profit attributable to
shareholders of the
Company
Net profit attributable to
shareholders of the
Company before non- 360,970,621.38 366,728,480.92 -1.57%
recurring gains and losses
Net cash flows from
operating activities 414,629,204.05 336,931,381.34 23.06%
Basic earnings per share
(RMB Yuan
/share)
Diluted earnings per
share (RMB Yuan
/share)
Weighted average return
on net assets 2.60% 3.05% -0.45%
Total Assets 26,806,836,885.28 27,382,144,460.39 -2.10%
Net assets attributable to
shareholders of the 14,653,591,162.12 14,402,629,015.66 1.74%
Company
(2) Non-recurring gain and loss items and amounts thereof
Applicable □N/A Item
Unit:yuan
Item 2026 Q1 Note
Profit or loss from disposal of non-current
assets (including the write-off of the -1,008,091.37
provision for impairment of assets)
Government grants included in the current 11,598,435.52
profit or loss (that is closely related to the
operations of the Company, except for those
of fixed quotas or amounts according to the
nationally unified standards)
Gains or losses from changes in fair value
arising from the holding of trading financial
assets, derivative financial assets, trading
financial liabilities and derivative financial
liabilities and investment income from the
disposal of trading financial assets, derivative -87,132,204.15
financial assets, trading financial liabilities,
derivative financial liabilities and other debt
investments, excluding the effective hedging
business related to the Company’s normal
business operations
Profits and losses arising from entrusted loans
to external parties
Other non-operating income or expenses 3,748,021.89
except the above items
Less: Impact of income taxes 943,836.34
Impact of minority interests (after tax) -7,895,617.34
Total -1,214,889.35
Details of other profit and loss items that meet the definition of non-recurring profit or loss
□ Applicable √ N/A
Not Applicable to the Company.
For non-recurring profit or loss items defined by the Company according to the definitions under the
Interpretative Announcement on Information Disclosure of Companies Offering Securities to the Public No. 1
— Non-recurring Profit or Loss and the non-recurring profit or loss items listed in the Interpretative
Announcement on Information Disclosure of Companies Offering Securities to the Public No. 1 — Non-
recurring Profit or Loss that have been defined as recurring profit or loss items by the Company, please provide
the reasons
□ Applicable √ N/A
Not Applicable to the Company.
(3) Major Changes of Main Items in Financial Statements and Financial Indicators within
the Report Period, as well as the Reasons for the Changes
□ Applicable √ N/A
(1) Total number of common shareholders and number of preferred shareholders whose
voting rights were restored, shareholdings of the top ten common shareholders at the
period-end
unit：share
Total number of common Total number of preferred shareholders
shareholders at the end of the 99,930 with resumed voting rights at the end of the 0
Reporting Period Reporting Period (if any)
Top 10 common shareholders
Number Pledged or frozen shares
Total shares of
Name of Nature of Shareholding
held at the restricted
shareholders shareholders percentage Status Number
period-end shares
held
Anhui
Domestic
Zhongding
non- state-
Holding 40.46% 532,701,321.00 pledged 142,500,000.00
owned
(Group) Co.,
corporation
LTD
Hong Kong
Securities
Clearing Co., Foreign 1.38% 18,188,952.00
corporation
Ltd.
(HKSCC)
Domestic
Miaosu natural 0.56% 7,402,441.00
person
Domestic
Wang
natural 0.47% 6,188,600.00
Shichen
person
Domestic
Zhu Jianwei natural 0.45% 5,946,700.00
person
Domestic
Zhao Xiyi natural 0.43% 5,720,666.00
person
Agricultural
Bank of
China Co.,
Ltd. -CSI 500
Exchange-
Traded Others 0.42% 5,550,829.00
Open-End
Index
Securities
Investment
Fund
China Life
Insurance
Co., Ltd. -
Traditional-
General Others 0.27% 3,532,861.00
Insurance
Products-
Shanghai
Domestic
Liu
natural 0.21% 2,806,000.00
Liangheng
person
Domestic
Tian Jiageng natural 0.21% 2,725,000.00
person
Top 10 non-restricted common shareholders
Number of non-restricted shares held Type of shares
Name of shareholder Type of Number
shares
RMB
Anhui Zhongding Holding
(Group) Co., LTD
stock
RMB
Hong Kong Securities
Clearing Co., Ltd. (HKSCC)
stock
RMB
Miaosu 7,402,441.00 common 7,402,441.00
stock
RMB
Wang Shichen 6,188,600.00 common 6,188,600.00
stock
RMB
Zhu Jianwei 5,946,700.00 common 5,946,700.00
stock
RMB
Zhao Xiyi 5,720,666.00 common 5,720,666.00
stock
Agricultural Bank of China
RMB
Co., Ltd. -CSI 500 Exchange-
Traded Open-End Index
stock
Securities Investment Fund
China Life Insurance Co.,
RMB
Ltd. -Traditional-General
Insurance Products-005L-
stock
CT001 Shanghai
RMB
Liu Liangheng 2,806,000.00 common 2,806,000.00
stock
RMB
Tian Jiageng 2,725,000.00 common 2,725,000.00
stock
The company does not know whether there is an associated relationship
between the shareholders, and whether it is a person acting in concert
Related or acting-in-concert parties among
stipulated in the Administrative Measures for the Disclosure of
shareholders above
Information on Changes in Shareholdings of Shareholders of Listed
Companies.
As of March 31, 2026, among the top 10 shareholders of the Company,
shareholder Miao su held 6570000 shares of the Company through the
customer credit transaction secured Securities account of GF Securities
Co., Ltd, shareholder Wang Shichen held 2851700 shares of the
Company through the customer credit transaction Secured Securities
Notes on the existence of account of SDIC Securities Co., Ltd.,shareholder Zhu Jianwei held
repurchase specialized accounts among the 5588600 shares of the Company through the customer credit transaction
top 10 shareholders (if any) Secured Securities account of Capital Securities Co., Ltd.,shareholder
Liu Liangheng held 2806000 shares of the Company through the
customer credit transaction Secured Securities account of CITIC
Securities Co., Ltd.,shareholder Tian Jiageng held 2725000 shares of the
Company through the customer credit transaction Secured Securities
account of SDIC Securities Co., Ltd.
The lending of shares by shareholders holding more than 5% of shares, top 10 shareholders and top 10
shareholders with non-restricted sharesthe in the securities financing business
Applicable N/A
Changes in the top 10 shareholders and the top 10 shareholders without selling restriction due to
securitieslending/returning transactions of refinancing business compared to the previous period
Applicable N/A
(2) Total Number of Preferred Shareholders and TOP 10 Preferred Shareholders and
Their Shareholdings
□ Applicable √ N/A
□ Applicable √ N/A
(1) Financial Statements
a. Consolidated Balance Sheet
Prepared by：Anhui Zhongding Sealing Parts., Ltd.
Unit：yuan
Item 31 March 2026 31 December 2025
Current assets:
Cash at bank and on hand 3,878,954,150.14 4,080,641,482.64
Deposit reservation for balance
Lending funds
Trading financial assets 1,041,431,728.38 769,762,529.12
Derivative financial assets
Notes receivable 317,546,489.92 221,588,628.31
Accounts receivable 3,877,385,968.27 4,396,337,600.84
Receivables financing 842,361,597.73 635,138,762.33
Prepaid expense 201,461,577.87 104,709,089.79
Premium receivable
Reinsurance accounts receivable
Provision of cession receivable
Other receivables 256,007,024.88 186,197,388.16
Including: interest receivable
Dividend receivable
Redemptory monetary capital for sale
Inventories 3,786,789,140.41 4,251,174,106.39
Including: data resource
Contract assets 243,843,541.54 226,524,435.58
Holding assets for sale
Current portion of non-current assets 50,052,708.33
Other current assets 1,122,875,287.50 1,149,418,530.41
Total current assets 15,568,656,506.64 16,071,545,261.90
Non-current assets:
Issuance of loans and advances
Equity expense
Other equity investments
Long-term receivables 29,852,800.71 30,324,791.98
Long-term equity investments 287,955,711.44 294,110,524.59
Investments in other equity 33,700,000.00 33,700,000.00
instruments
Other non-current financial assets 933,213,592.47 1,005,640,550.68
Investment properties 18,111,236.30 21,138,515.10
Fixed assets 5,508,733,321.47 5,592,450,862.31
Construction in progress 763,122,845.23 666,810,719.31
Productive biological asset
Oil and gas assets
Right-of-use assets 281,489,372.30 299,893,004.13
Intangible assets 753,932,059.74 732,244,703.03
Including: data resource
Development expenditures
Including: data resource
Goodwill 2,071,462,580.48 2,144,212,722.42
Long-term prepaid expenses 100,748,469.73 98,410,139.17
Deferred tax assets 193,137,194.71 196,981,111.95
Other non-current assets 262,721,194.06 194,681,553.82
Total non-current assets 11,238,180,378.64 11,310,599,198.49
TOTAL ASSETS 26,806,836,885.28 27,382,144,460.39
Current liabilities:
Short-term borrowings 3,223,827,636.51 3,239,946,592.22
Loans from the central bank
Loans from other banks
Trading financial liabilities 30,000,000.00 30,000,000.00
Derivative financial liability
Notes payable 158,501,717.47 235,115,442.58
Accounts payable 3,506,452,639.71 4,102,831,214.75
Unearned revenue
Contract liabilities 89,868,989.16 85,837,434.01
Financial assets sold for repurchase
Deposits from customers and
interbank
Receiving from vicariously traded
securities
Receiving from vicariously sold
securities
Payroll payable 453,009,016.34 483,841,374.45
Tax payable 211,494,579.02 188,827,610.33
Other payables 289,812,605.73 281,844,114.19
Including: Interest payable
Dividend payable 1,374,329.06 1,374,329.06
Handling fees and commissions
payable
Dividend payable for reinsurance
Holding liabilities for sale
Current portion of non-current 613,765,174.20 646,763,690.08
liabilities
Other current liabilities 7,544,342.98 8,126,076.85
Total current liabilities 8,584,276,701.12 9,303,133,549.46
Non-current liabilities
Reserve fund for insurance contracts
Long-term borrowings 2,234,811,227.49 2,294,539,379.02
Bonds payable 503,110,310.47 500,722,049.21
Including: Preferred stock
Perpetual bonds
Lease liabilities 188,738,659.72 210,619,082.09
Long-term payables
Long-term payroll payable 112,199,662.22 115,336,556.67
Accrued liabilities 152,359,419.95 146,280,057.22
Deferred income 333,462,122.14 348,742,793.69
Deferred tax liabilities 39,471,802.82 51,281,654.89
Other non-current liabilities
Total non-current liabilities 3,564,153,204.81 3,667,521,572.79
Total liabilities 12,148,429,905.93 12,970,655,122.25
Shareholders’ equity
Share capital 1,316,489,747.00 1,316,489,747.00
Other equity instruments
Including: Preferred stock
Perpetual bond
Capital surplus 3,394,116,795.73 3,394,116,795.73
Less: Treasury stock
Other comprehensive income -177,789,011.25 -106,421,796.43
Special reserve 2,623,992.18 2,278,051.60
Surplus reserve 665,737,490.44 665,737,490.44
General risk reserve
Undistributed profits 9,452,412,148.02 9,130,428,727.32
Total equity attributable to shareholders 14,653,591,162.12 14,402,629,015.66
of the Company
Minority interests 4,815,817.23 8,860,322.48
Total shareholders’ equity 14,658,406,979.35 14,411,489,338.14
TOTAL LIABILITIES AND 26,806,836,885.28 27,382,144,460.39
SHAREHOLDERS’ EQUITY
Legal representative：Xia Yingsong Principal in charge of accounting：Yi Shanbing Head of accounting department：Zhujian
b. Consolidated Income Statements for the Three Months Ended 31March 2026
Unit：yuan
Item Q1 of 2026 Q1 of 2025
Total revenue 4,379,470,788.25 4,854,188,014.79
Including: Operating revenue 4,379,470,788.25 4,854,188,014.79
Interest income
Earned Premium
Handling fees and
commission income
Total revenue 3,956,596,771.08 4,426,182,865.18
Including: Operating revenue 3,250,658,827.90 3,721,982,390.18
Interest income
Handling fees and
commission expenses
Surrender value
Net payments for
insurance claims
Net provision for
insurance liability
Bond insurance
expense
Amortized
Reinsurance
Expenditures
Taxes and surcharges 35,220,154.81 32,345,480.82
Selling and distribution 94,391,738.45 115,152,407.72
expenses
General and
administrative 289,864,633.74 267,382,919.01
expenses
Research and 216,690,452.88 244,560,642.83
development expenses
Financial income 69,770,963.30 44,759,024.62
Including: Interest 51,792,917.26 57,569,464.51
expenses
Interest income 14,760,050.24 7,329,427.89
Add: Other income 24,733,310.71 34,208,306.88
Investment income/(loss) 36,925,735.22 24,369,185.82
Including: Investment
income from associates 2,853,390.35 -3,111,811.77
and joint ventures
Including: Profits
or losses arising from
derecognition of financial
assets measured at amortized
costs
Foreign exchange
gains/(losses)
Net exposure to hedging
gains/(losses)
Gains/(Losses) on -96,998,137.58 -296,043.21
changes in fair value
Credit impairment losses 11,367,872.11 -3,480,507.98
Asset impairment losses -9,638,155.02 -8,964,320.56
Losses on disposal of -382,739.18 8,464,951.85
assets
Operating profit 388,881,903.43 482,306,722.41
Add: Non-operating income 4,934,778.65 3,836,632.47
Less: Non-operating expenses 2,384,914.90 2,305,475.22
Total profit 391,431,767.18 483,837,879.66
Less: Income tax expenses 73,648,923.41 84,611,879.92
Net Profit 317,782,843.77 399,225,999.74
(1) Classified by continuity of
operations
Net profit from continuing 317,782,843.77 399,225,999.74
operations
Net profit from discontinued
operations
(2) Classified by ownership of
the equity
Attributable to shareholders of 321,983,420.70 402,511,020.02
the Company
Minority interests -4,200,576.93 -3,285,020.28
Other comprehensive income, net -71,367,214.82 32,280,012.31
of tax
Other comprehensive
income attributable to -71,367,214.82 32,280,012.31
equity owners of the
Company, net of tax
(1) Other comprehensive
income items which will not be -283,306.86 -2,540,432.72
reclassified subsequently to
profit or loss
remeasurement of -283,306.86 -2,540,432.72
defined benefit
plan
comprehensive income that
cannot be transferred to profit or
loss under the equity method
fair value of investments in
other equity instruments
of an enterprise's own
credit risk
(2) Other comprehensive
income items which will be -71,083,907.96 34,820,445.03
reclassified subsequently to
profit or loss
comprehensive income available
for transfer to profit or loss under
the equity method
of other debt
investments
financial assets to other
comprehensive income
impairment of other
debt investments
reserve
on translating foreign -71,083,907.96 34,820,445.03
operations
Other comprehensive income
attributable to minority
shareholders, net of tax
Total comprehensive income 246,415,628.95 431,506,012.05
Attributable to equity owners 250,616,205.88 434,791,032.33
of the Company
Attributable to minority -4,200,576.93 -3,285,020.28
interests
Earnings per share:
(1) Basic earnings per share 0.24 0.31
(2) Diluted earnings per share 0.24 0.31
In the case of a business combination under the same control in the current period, the net income realized by the party being
consolidated before the combination was: RMB , and the net income realized by the party being consolidated in the previous
period was: RMB.
Legal representative：Xia Yingsong Principal in charge of accounting：Yi Shanbing Head of accounting department：Zhujian
c. Consolidated Cash Flow Statements
Unit：yuan
Item Q1 of 2026 Q1 of 2025
activities
Cash received from sales of 3,898,266,428.75 4,154,901,017.91
goods or rendering of services
Net increase in customer
deposits and deposits from banks
and other financial institutions
Net decrease in deposits with the
Central Bank
Net decrease in deposits with
other financial institutions
Cash received from premiums
of original insurance contracts
Net cash received from
reinsurance operations
Net increase in policyholders'
savings and investment funds
Cash received from interest,
fee and commission
Net increase in borrowed
funds
Net increase in funds for
repurchase operations
Net cash received from
agency purchases and sales of
securities
Refund of taxes and 22,833,820.24 9,479,647.07
surcharges
Cash received relating to other 62,083,039.54 59,109,107.66
operating activities
Sub-total of cash inflows 3,983,183,288.53 4,223,489,772.64
Cash paid for goods and 2,002,002,999.65 2,275,679,807.46
services
Net increase in loans and
advances to customers
Deposits from banks and other
financial institutions
Cash payment of benefits
from the original insurance
contract
Net increase in funds removed
Cash paid for interest, fee and
commission
Cash paid as policy dividends
Cash paid to and on behalf of 1,165,879,123.18 1,177,117,877.03
employees
Payments of taxes and 200,997,392.86 227,761,923.83
surcharges
Cash paid relating to other 199,674,568.79 205,998,782.98
operating activities
Sub-total of cash outflows 3,568,554,084.48 3,886,558,391.30
Net cash flows from operating 414,629,204.05 336,931,381.34
activities
activities
Cash received from disposal 14,357,250.00
of investments
Cash received from returns on
investments
Net cash received from
disposal of fixed assets, 55,146.02 36,953,020.75
intangible assets and other long-
term assets
Net cash received from disposal of
subsidiaries and other business
units
Cash received relating to other 1,865,635,693.00 1,075,995,819.06
investing activities
Sub-total of cash inflows 1,880,048,089.02 1,112,948,839.81
Cash paid to acquire fixed
assets, intangible assets and 260,824,055.25 358,506,147.53
other long- term assets
Cash paid to acquire 68,500,000.00
investments
Net increase in pledged loans
Net cash paid to acquire
subsidiaries and other business
units
Cash paid relating to other 2,106,786,716.74 1,648,838,587.55
investing activities
Sub-total of cash outflows 2,367,610,771.99 2,075,844,735.08
Net cash flows from investing -487,562,682.97 -962,895,895.27
activities
activities
Cash received from capital 1,700,000.00 2,660,000.00
contributions
Including: Cash received
from capital contributions by 1,700,000.00 2,660,000.00
minority shareholders of
subsidiaries
Cash received from 902,026,989.79 1,492,506,730.40
borrowings
Cash received relating to other
financing activities
Sub-total of cash inflows 911,034,024.82 1,513,326,010.81
Cash repayments of 935,811,652.31 1,283,428,162.49
borrowings
Cash payments for interest
expenses and distribution of 39,994,437.61 45,887,930.36
dividends or profits
Including: Cash payments for
dividends or profit to minority
shareholders of subsidiaries
Cash payments relating to 12,884,526.07 16,147,469.64
other financing activities
Sub-total of cash outflows 988,690,615.99 1,345,463,562.49
Net cash flows from financing -77,656,591.17 167,862,448.32
activities
changes on cash and cash -51,517,908.28 20,080,238.40
equivalents
equivalents
Add: Cash and cash
equivalents at the beginning of 4,030,883,372.76 2,697,486,431.30
the period
end of the period
(2) Adjustments to financial statements at the beginning of the year of first implementation
of new accounting standards for the first time starting in 2026
□ Applicable √ N/A
(3) Auditing Report
Whether the first quarterly report was audited
□ Yes √ No
The first quarterly report was not audited.
