Page 1

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . ZALL 单 智 咲 Zall Smart Commerce Group Ltd. 卓爾 智 聯 集團 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 2098 ) ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 The board ( the “ Board ” ) of directors ( the “ Directors ” ) of Zall Smart Commerce Group Ltd. ( the " Company " or " Zall Smart ” ) is pleased to announce the unaudited condensed consolidated interim results of the Company and its subsidiaries ( collectively , the “ Group ” ) for the six months ended 30 June 2021 , together with the unaudited comparative figures for the preceding period as follows : INTERIM CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS for the six months ended 30 June 2021 — unaudited ( Expressed in Renminbi ) Revenue Cost of sales Gross profit Other net income Selling and distribution expenses Administrative and other expenses Impairment loss on trade and other receivables Impairment loss on goodwill Six months ended 30 June Note 2021 RMB'000 2020 RMB'000 3 ( a ) 50,160,278 35,763,064 ( 49,553,670 ) ( 35,201,653 ) 606,608 561,411 18,707 62,112 ( 95,562 ) ( 69,909 ) ( 289,779 ) ( 283,891 ) ( 16,466 ) ( 48,417 ) ( 15,876 ) Gain from operations before changes in fair value of investment properties 223,508 205,430 Net valuation gain on investment properties 8 2,441 601,070 −1 -