CHANGHONG MEILING CO., LTD.
Semi-Annual Report 2021
August 2021
Section I. Important Notice, Contents and Interpretation
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Changhong
Meiling Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there are no any fictitious
statements, misleading statements, or important omissions carried in this report, and shall take all responsibilities,
individual and/or joint, for the reality, accuracy and completion of the whole contents.
Mr. Wu Dinggang, Chairman of the Company, Mr. Pang Haitao, person in charge of accounting work and Mr.
Yang Jun, person in charge of accounting organ (accountant in charge) hereby confirm that the Financial Report of
2021Semi-Annual Report is authentic, accurate and complete.
The Company did not have directors, supervisors and senior executives of the Company could not guarantee the
reality, accuracy and completion of the whole contents or have objections.
All the directors attended the board meeting to deliberating the Report by a combination of on-site and
communication.
Modified audit opinions notes
□Applicable √ Not applicable
Risk warning of concerning the forward-looking statements with future planning involved in semi-annual report
√Applicable □Not applicable
Concerning the forward-looking statements with future planning involved in the Report, they do not constitute a
substantial commitment for investors, investors and the person concerned should maintain adequate risk
awareness, furthermore, differences between the plans, forecast and commitments should be comprehended.
Investors are advised to exercise caution of investment risks.
Investors are advised to read the full text of semi-annual report, and pay particular attention to the following risk
factors:
More details about the possible risks and countermeasures in the operation of the Company are described in the
report “X. Risks and countermeasures” of “Section III Management Discussion and Analysis”, investors are
advised to read the relevant content.
Securities Times, China Securities Journal, Hong Kong Commercial Daily and Juchao Website
(www.cninfo.com.cn) are the media for information disclosure for year of 2021 that appointed by the Company.
All public information under the name of the Company disclosed on the above said media and website shall
prevail, and investors are advised to exercise caution.
Does the Company need to comply with disclosure requirements of the special industry: No
Profit distribution pre-plan or capitalizing of common reserves pre-plan deliberated by the Board in the semi-
annual period
□Applicable √Not applicable
The Company has no plans of cash distribution, bonus shares and capitalizing of common reserves either.
Directors, supervisor and senior executives of the Company respectively signed Written Confirmation Opinions
for 2021 Semi-Annual Report.
Supervisory Committee of the Company formed Written Examination Opinions for 2021 Semi-Annual Report.
Contents
Section I. Important Notice, Contents and Interpretation ...... 1
Section II Company Profile and Main Financial Indexes...... 5
Section III. Management Discussion andAnalysis...... 9
Section IV. Corporate Governance ...... 31
Section V. Environmental and Social Responsibility...... 33
Section VI. Important Events...... 38
Section VII. Changes in Shares and Particulars about Shareholders...... 99
Section VIII. Preferred Stock...... 105
Section IX. Corporate Bonds...... 106
Section X. Financial Report...... 107
Section XI. Documents available for Reference...... 256
Interpretation
Items Refers to Contents
Company, The Company, Changhong Refers to CHANGHONG MEILING CO.,LTD.
Meiling
Sichuan Changhong or controlling Refers to Sichuan Changhong Electric Co., Ltd.
shareholder
Changhong Group Refers to Sichuan Changhong Electronics Holding Group Co.,
Ltd.
Hong Kong Changhong Refers to CHANGHONG (HK) TRADING LIMITED
Industry Investment Group Refers to Hefei Industry Investment Holding (Group) Co., Ltd.
Meiling Group Refers to Hefei Meiling Group Holdings Limited
Zhongke Meiling Refers to Zhongke Meiling Cryogenic Technology Co., Ltd.
ChanghongAir-conditioner Refers to Sichuan ChanghongAir-conditioner Co., Ltd.
Jiangxi Meiling Refers to Jiangxi Meiling ElectricAppliance Co., Ltd.
Zhongshan Changhong Refers to Zhongshan Changhong Electric Co., Ltd.
Ridian Technology Refers to Changhong Meiling Ridian Technology Co., Ltd.
Changmei Life Refers to Hefei Changhong Meiling LifeAppliances Co., Ltd.
Changhong Huayi Refers to Cha