ADAMA Ltd.
Special Report on Deposits/Loans Related Party
Transaction Relating to Finance Company
For the year ended December 31, 2024
Note: The Special Repot on Deposits/Loans Related Party Transaction Relating to Finance Company will be
issued in Chinese. This special explanation is English translation prepared for the Company's management
review purpose only and cannot be provided to third parties for other purpose. If there is any conflict between
the Chinese and English version, the Chinese version shall prevail.
Special Report on Deposits/Loans Related Party Transaction Relating to Finance Company for the
Year ended December 31, 2024 of
ADAMA Ltd.
De Shi Bao (Han) Zi (25) No. Q00270
To the Board of Directors of ADAMA Ltd.:
We are entrusted to audit the financial statements of ADAMA Ltd. (hereinafter referred to as
"ADAMA"), which comprise consolidated and the Company's balance sheets as at 31 December 2024,
and consolidated and the Company's income statements, consolidated and the Company's statements
of changes in shareholders' equity and consolidated and the Company's cash flow statements and
notes to the relevant financial statements for the year then ended, and have issued the auditor's report
with unqualified opinion (De Shi Bao (Shen) Zi (25) No. P02658) on March 12, 2025.
ADAMA has prepared the accompanying Summary Statement of Deposits/Loans Related Party
Transaction Relating to Finance Company for the year of 2024 (the “Summary Statement”) in
accordance with the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock
Exchange No. 7 - Transactions and Related Party Transactions.
The management of ADAMA is responsible for the faithful preparation and disclosure of the
Summary Statement that give a true, legal and complete view. We have compared the Summary
Statement and the accounting information reviewed by us during the audit of the Company’s financial
statements for the year of 2024 along with the audited financial statements, and found that no
discrepancies, in all material aspects, were identified. We have not performed additional audit
procedures against the information stated in the Summary Statement except those relevant to the
related party transactions in the audit of the Company’s financial statements for the year of 2024 in
accordance with China Standards on Auditing.
The accompanying Summary Statement shall be read along with the audited financial statements as
a whole for a better understanding of Deposits/Loans Related Party Transaction Relating to Finance
Company for the year of 2024.
The explanation is used for the presentation of Deposits/Loans Related Party Transaction Relating to
Finance Company for the year of 2024 to the securities regulator only, and for no other purpose.
Deloitte Touche Tohmatsu CPA LLP Chinese Certified Public Accountant: Ji Yuting
Shanghai, China
Chinese Certified Public Accountant: Zhao Jingyuan
March 12, 2025
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Summary Statement of Deposits/Loans Related Party Transaction Relating to Finance Company
for the year 2024 of ADAMA Ltd.
Unit: RMB '000
Interest amount
Relationship with Listed Accounts of Listed Beginning of Increasing in Decreasing in Ending of Category of
Name of Related Party included in increases
Company Company 2024 2024 2024 2024 Financial Service
of 2024
Legal person controlled by
Sinochem Finance Co., Ltd
controlling shareholder
Cash at bank 565,624 874,900 813,090 627,434 6,626 Deposit
Legal person controlled by
Sinochem Finance Co., Ltd
controlling shareholder
Short-term Loans - 50,228 30,228 20,000 228 Loan
Summary Statement has been signed by the followings on 12 March 2025:
Legal representative Chief of accounting work Chief of accounting organ
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