Kinetic Dev Group Limited (the "Company") announced its interim performance for the six months ended June 30, 2024. Despite the intensified geopolitical tensions and inflation, the Chinese government implemented precise macroeconomic regulation, maintaining stability in the economy and society. As a leading comprehensive coal enterprise in China, the business of the group covers coal production, washing, loading, transportation, and trade, and actively expands diversified businesses such as real estate and tobacco. During the reporting period, the group's revenue was approximately RMB 2,532.4 million, a year-on-year increase of 69.7%; net profit was approximately RMB 1,085.2 million, a year-on-year increase of 90.7%. In addition, the group continued to promote the safe, efficient, and environmentally friendly construction of the Dafanpu coal mine, and deployed agriculture and animal husbandry subsidiary businesses in the area of mine reclamation. Looking ahead to the second half of the year, the group will continue to implement the concept of safe, efficient, and environmentally friendly mine development, actively expand high-quality projects, and return to society and shareholders with outstanding performance.

Kinetic Dev Group Limited (the "Company") announced its interim performance for the six months ended June 30, 2024. Despite the intensified geopolitical tensions and inflation, the Chinese government implemented precise macroeconomic regulation, maintaining stability in the economy and society. As a leading comprehensive coal enterprise in China, the business of the group covers coal production, washing, loading, transportation, and trade, and actively expands diversified businesses such as real estate and tobacco. During the reporting period, the group's revenue was approximately RMB 2,532.4 million, a year-on-year increase of 69.7%; net profit was approximately RMB 1,085.2 million, a year-on-year increase of 90.7%. In addition, the group continued to promote the safe, efficient, and environmentally friendly construction of the Dafanpu coal mine, and deployed agriculture and animal husbandry subsidiary businesses in the area of mine reclamation. Looking ahead to the second half of the year, the group will continue to implement the concept of safe, efficient, and environmentally friendly mine development, actively expand high-quality projects, and return to society and shareholders with outstanding performance.