Stock Code:688100
Willfar Information Technology Co. Ltd.Willfar Information Technology Co. Ltd
Corporate Value and Return Enhancement
Web：https://www.willfar.com/
Action Plan 2025
Tel：0731-88619798
Add：No.468 Wasion Science & Technology Park West Tongzipo Road
High-Tech Development Zone Changsha Hunan P.R.ChinaloT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Highlights and Performance
Focusing on Core Business to Drive
Value and Eciency Building a Path to
High-Quality Development
2.75 Billion Yuan 631 Million Yuan 22.98 %
Operating Revenue Net Prot Attributable Net Prot Margin
to Parent Company Attributable to Parent
Company Willfar deeply understands that strengthening and expanding its
+23.35%+20.07%
core business while enhancing operational quality is the foundation
YoYGrowth YoYGrowth for achieving sustained high-quality development and delivering
greater returns to investors.In 2024 under the operating theme of "Steady Progress with
Innovative Development". The Company continued to implement
"Value and Return Enhancement" initiatives leveraging technological
Return on Equity (ROE) Total Shareholder Return Since listing cumulative
dividends and share innovation as a key driver to cultivate new quality productivity. By
20.39 % 26.66 % repurchases have totaled focusing on improving operational quality and asset efficiency
YoYGrowth 900 Million yuan deepening domestic market penetration advancing the "three
internationalization strategies" (organizational ideological and
1.47%
strategic) and accelerating its global expansion the Company
significantly expanded its market share achieving new highs in both
revenue and profitability.In 2025 Willfar will adhere to a development path that balances
"o rg a n i c g row t h w i t h s t ra t e g i c e x p a n s i o n a n d e f f i c i e n c y
40 % 323 Million yuan 13.02 Million improvements with innovation-driven progress". With “Value andCash Dividend Cumulative Cumulative Number of Return Enhancement” as the guiding principle the Company will
Payout Ratio Repurchase Amount Repurchased Shares advance i ts internat ional izat ion ef for ts ensur ing the robust
Repurchase and Cancellation 8.31 Million Shares(representing 1.66% of the total implementation of this action plan to elevate operational quality to
200 new heights and build a more resilient and dynamic path to high-share capital)，Equivalent to approximately Million yuan in cash dividends
quality development.Inclusion in the SSE STAR Market e Highest AAA-level Ceication of the
ESG Index Integration of Informatization and
Industrialization Management System in
Inclusion in the SSE 380 Index 2024 by the Minist of Indust and
Inclusion in the STAR AI Index Information Technology
Inclusion in the STAR 100 Index Top 100 Internet Companies in China by
Comprehensive Strength in 2024
Wind ESG Rating "A" Level
Top 50 Chinese Listed Companies in New
National-Level Specialized Rened Quality Productive Forces
Distinctive and Innovative 'Little Giant'
Enterprises Consecutive Two-Year Highest A-Level Rating
for Information Disclosure by the SSE
National Intellectual Propey
Advantage Enterprise Best Practice of the Board of Directors by the CAPCO
China Patent Excellence Award Best Practice of Earnings Presentation by the CAPCO
02 03loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Strengthening Foundations
Laying the Groundwork for High-Quality Development
In the context of global manufacturing restructuring
surging AI computing demands and the transformation
In 2024 Willfar Achieved Significant Value and Return Enhancement Creating New Performance Highs. of new energy systems.The Company successfully launched nearly
Net Prot Attributable Net Prot Margin Return on 50 new products and solutions
Operating Revenue
to Parent Company Attributable to Equity (ROE)
Parent Company
2.75 Billion Yuan 631 Million Yuan generating 1 . 3 3 8 b i l l i o n y u a n in new product revenue
22.98%20.39%
YoY Growth YoY Growth which accounted for 4 9 % of core business income.
23.35%20.07%
In 2024，Operational Quality and Cash Flow
Optimization
2024202420242024
Net Cash Flow from Operating Activities 474 million yuan
Domestic Business Grew Steadily while Overseas Business Achieved Leapfrog Growth.YoY Improvement of 13.52%
Overseas Income Domestic Income
Accounting for
OperatingRevenue Accounting for % OperatingRevenue84.62
421 2.314 The order book remained robust Million Yuan 15.38% Billion Yuan as of December 31 2024
YoY Growth 85.4% YoY Growth 16.4%
Net Cash Flow from Operating Activities
4.017Billion Yuan
In 2024 we secured over 770million yuan
in bids for electricity information
collection equipment during centralized YoY Growth 15.35%
procurement tenders by the State Grid
and Southern Grid ranking rst in the
indust by bid share.e chip module business demonstrated
robust growth achieving 776 million yuan
in revenue year on year growth of 18%
accounting for 28.39%
becoming the top revenue-generating
product.
04 05loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Strengthening Foundations
Laying the Groundwork for High-Quality Development
In the context of global manufacturing restructuring
surging AI computing demands and the transformation
In 2024 Willfar Achieved Significant Value and Return Enhancement Creating New Performance Highs. of new energy systems.The Company successfully launched nearly
Net Prot Attributable Net Prot Margin Return on 50 new products and solutions
Operating Revenue
to Parent Company Attributable to Equity (ROE)
Parent Company
2.75 Billion Yuan 631 Million Yuan generating 1 . 3 3 8 b i l l i o n y u a n in new product revenue
22.98%20.39%
YoY Growth YoY Growth which accounted for 4 9 % of core business income.
23.35%20.07%
In 2024，Operational Quality and Cash Flow
Optimization
2024202420242024
Net Cash Flow from Operating Activities 474 million yuan
Domestic Business Grew Steadily while Overseas Business Achieved Leapfrog Growth.YoY Improvement of 13.52%
Overseas Income Domestic Income
Accounting for
OperatingRevenue Accounting for % OperatingRevenue84.62
421 2.314 The order book remained robust Million Yuan 15.38% Billion Yuan as of December 31 2024
YoY Growth 85.4% YoY Growth 16.4%
Net Cash Flow from Operating Activities
4.017Billion Yuan
In 2024 we secured over 770million yuan
in bids for electricity information
collection equipment during centralized YoY Growth 15.35%
procurement tenders by the State Grid
and Southern Grid ranking rst in the
indust by bid share.e chip module business demonstrated
robust growth achieving 776 million yuan
in revenue year on year growth of 18%
accounting for 28.39%
becoming the top revenue-generating
product.
04 05loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Expanding Globally Building New Competitive Unleashing Synergies
Advantages in International Markets Activating New Indust Dynamics
In 2024 Willfar made significant strides in its global expansion through organizational
internationalization ideological internationalization and strategic internationalization
achieving breakthroughs in its overseas business.
2025 marks the culmination year of Willfar Information’s “5-
5” strategic plan. Amid profound changes in the global energy
OverseasIncome Theproportionofoverseas landscape policy guidance and market demands the Company is
421 seizing these strategic opportunities to optimize its industry Million Yuan revenueincreasedfrom10.24%
layout accelerate technological innovation and expand market
YoYGrowth 85.4% in2023to 15.38% presence. Willfar will closely align with these directions to drive
synergistic growth and unlock new industry momentum.emergingasakeydriverofthecompany'sperformancegrowth.In 2025 the Company will proactively optimize resources and reduce
costs. In business expansion organizational restructuring and budget
By the end of 2024 the Company had established over
planning Willfar will sharpen its focus on core operations through
10 overseas subsidiaries and sales offices with factories
comprehensive budget management. This will integrate revenue-enhancing
under construction in Saudi Arabia and Indonesia set to
initiatives—such as international expansion new product development
commence operations in 2025. technology application and market breakthroughs—with cost-saving
measures including cost reduction managing bad receivables and
inventory and improving per-capita productivity and operational efficiency.Leveraging the global energy transition These efforts will ensure efficient resource utilization and robust execution.Willfar will reinforce accountability prioritize key performance indicators
Willfar secured multiple product certifications
and advance internationalization while focusing on major projects.across Asia Europe and North America laying
a solid foundation for its internationalization
strategy.In 2025 the Company will continue to enhance operational quality and innovation capabilities
strengthen talent development and aggressively recruit top talent. Key initiatives include:
I n 2024 the Company obta ined key
international certifications including the U.S.FCC certification CE-RED (EU Radio Equipment
Directive) certification MID/OIML metrology
c e r t i f i c a t i o n a n d S T S p re p a i d p ro d u c t Accelerating international market Adopting a customer-centric Concentrating on core
expansion through prudent market-driven approach to businesses targeting
certification.overseas site development drive product and technology opportunities to complement
enhanced management of key innovation continuously strengthen and extend
international projects and launching new products and industry chains. The Company
optimized operations of overseas solutions in response to will prioritize high-synergy
These achievements enable
factories. The Company will also market needs. Willfar will high-barrier acquisitions and
Willfar to deliver reliable high- expand innovative business lines pioneer new industries strategic investments aiming
In software development Willfar achieved quality products and services to while elevating the business models and to complete at least one
internationalization and markets cultivating new strategic M&A project in 2025
the highest level of the Capability Maturity global customers.professionalism of management growth drivers and to achieve a balance of
Model Integration (CMMI-ML5) certification functions including human establishing competitive organic growth and strategic
positioning it among the few companies globally resources finance legal and risk advantages. expansion as well as
capable of delivering high-quality software control to support long-term efficiency improvements and
strategic depth. innovation-driven progress.integration services to international markets.
06 07loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Expanding Globally Building New Competitive Unleashing Synergies
Advantages in International Markets Activating New Indust Dynamics
In 2024 Willfar made significant strides in its global expansion through organizational
internationalization ideological internationalization and strategic internationalization
achieving breakthroughs in its overseas business.
2025 marks the culmination year of Willfar Information’s “5-
5” strategic plan. Amid profound changes in the global energy
OverseasIncome Theproportionofoverseas landscape policy guidance and market demands the Company is
421 seizing these strategic opportunities to optimize its industry Million Yuan revenueincreasedfrom10.24%
layout accelerate technological innovation and expand market
YoYGrowth 85.4% in2023to 15.38% presence. Willfar will closely align with these directions to drive
synergistic growth and unlock new industry momentum.emergingasakeydriverofthecompany'sperformancegrowth.In 2025 the Company will proactively optimize resources and reduce
costs. In business expansion organizational restructuring and budget
By the end of 2024 the Company had established over
planning Willfar will sharpen its focus on core operations through
10 overseas subsidiaries and sales offices with factories
comprehensive budget management. This will integrate revenue-enhancing
under construction in Saudi Arabia and Indonesia set to
initiatives—such as international expansion new product development
commence operations in 2025. technology application and market breakthroughs—with cost-saving
measures including cost reduction managing bad receivables and
inventory and improving per-capita productivity and operational efficiency.Leveraging the global energy transition These efforts will ensure efficient resource utilization and robust execution.Willfar will reinforce accountability prioritize key performance indicators
Willfar secured multiple product certifications
and advance internationalization while focusing on major projects.across Asia Europe and North America laying
a solid foundation for its internationalization
strategy.In 2025 the Company will continue to enhance operational quality and innovation capabilities
strengthen talent development and aggressively recruit top talent. Key initiatives include:
I n 2024 the Company obta ined key
international certifications including the U.S.FCC certification CE-RED (EU Radio Equipment
Directive) certification MID/OIML metrology
c e r t i f i c a t i o n a n d S T S p re p a i d p ro d u c t Accelerating international market Adopting a customer-centric Concentrating on core
expansion through prudent market-driven approach to businesses targeting
certification.overseas site development drive product and technology opportunities to complement
enhanced management of key innovation continuously strengthen and extend
international projects and launching new products and industry chains. The Company
optimized operations of overseas solutions in response to will prioritize high-synergy
These achievements enable
factories. The Company will also market needs. Willfar will high-barrier acquisitions and
Willfar to deliver reliable high- expand innovative business lines pioneer new industries strategic investments aiming
In software development Willfar achieved quality products and services to while elevating the business models and to complete at least one
internationalization and markets cultivating new strategic M&A project in 2025
the highest level of the Capability Maturity global customers.professionalism of management growth drivers and to achieve a balance of
Model Integration (CMMI-ML5) certification functions including human establishing competitive organic growth and strategic
positioning it among the few companies globally resources finance legal and risk advantages. expansion as well as
capable of delivering high-quality software control to support long-term efficiency improvements and
strategic depth. innovation-driven progress.integration services to international markets.
06 07loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
In 2025 the Company will remain dedicated to value creation further refining its
stable dividend policy and implementing a robust market value management policy to
fulfill its commitments to investors and embrace Shared Value Creation.Enhancing Shareholder Returns
Embracing Shared Value Creation Consistent Dividends Demonstrating Commitment
Ensuring Mutual Benets
Since its listing on the STAR Market in 2020 Willfar Information
Wi l l far Information v iews
has consistently upheld an Investor-Centric Approach reinforcing years. This ensures investors can tangibly benefit cash dividends as a critical
shareholder returns through a combination of high cash dividends and from the Company’s growth embodying our long-way to reward investors.term vision and commitment to Shared Value
share repurchases with cancellations. In 2024 the Company’s
On May 9 2024 Willfar completed the dividend Creation.coordinated efforts in cash dividends (totaling 700 million yuan)
distribution and interest payment for the year 2023. To visually showcase the Company’s dividend
share cancellations (equivalent to 200 million yuan) and market value
Dividend Distribution per Share 0.43 Yuan performance a chart is included detailing annual
management resulted in a total shareholder return (TSR) of 26.66% dividend amounts per-share dividends and year-
and a return on equity (ROE) of 20.39%. The combined value of cash YoY Growth 30% on-year growth trends (see attached chart).dividends and share cancellations reached 1.48 times the net Total Cash Dividend Distribution 211Million Yuan
proceeds from the IPO (610 million yuan) achieving a win-win .yuanSince its listing the Company has cumulatively .yuan
scenario of performance growth and capital appreciation. These
distributed 704 million yuan in cash .yuan
actions reflect Willfar’s deep commitment to investor responsibility
dividends. In September 2024 Willfar canceled .yuan
and its establishment of a comprehensive multi-layered investor .yuan
shares worth approximately 200 million yuan
returns framework. .yuan
bringing the total value of cash dividends and
share cancellations to 900 million yuan—1.48
times the net IPO proceeds. This demonstrates
201920202021202220232024
the Company’s strong commitment to and Dividend Dividend Dividend Dividend Dividend Divident(planned)
accountability for shareholder interests.This data highlights Willfar’s steady increase in
In 2025 Willfar will establish a scientific and dividend scale and growth rate further bolstering
stable dividend policy targeting a baseline investor confidence.dividend payout ratio of 40% over the next five
Share Repurchases and Cancellations Boosting Returns
Incentives Driving Growth
In September 2024 the Company completed a pivotal initiative by canceling 8.31 million shares
(1.66% of total share capital) repurchased for approximately 200 million yuan. This action optimized the
Company’s share structure contributing to a 1.47 percentage point year-on-year increase in ROE to
20.39%. It shows the dual effectiveness of the company in value creation and shareholder return.
In January 2025 the Company announced a new share repurchase plan targeting 100 million yuan
to 150 million yuan in shares. This follows the successful repurchase of 12.31 million shares (worth 300
million yuan) between 2022 and 2023. The repurchased shares will support equity incentives or employee
stock ownership plans fostering long-term motivation among core teams and injecting vitality into the
Company’s sustainable development.In 2025 Willfar will diligently execute the repurchase plan diligently closely monitoring market
dynamics and stock price trends adjusting the repurchase pace as needed and disclosing progress in a
timely and accurate manner in accordance with regulations. These efforts will stabilize investor
expectations strengthen market confidence and support the Company’s steady advancement in the
capital markets.
0809
Cash Dividend per 10 Shares:loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Value Management Stabilizing Share Prices
Sentiment Monitoring Safeguarding Progress
Innovation as the Driver
Igniting the Engine for High-Quality
As of December 31 2024 the closing stock Development
price was 36.20 yuan representing a 163%
increase from the listing price of 13.78 yuan with
a compound annual growth rate of 21.31% since The "New Nine Articles" emphasize the importance of adhering to
listing. In 2024 the Company’s total shareholder high-quality development as the core theme promoting innovation
return reached 26.66% delivering substantial and fostering Next-Gen Productivity. Today the global manufacturing
value to investors.landscape is undergoing profound transformation with surging AI
computing demands driving unprecedented electricity needs while
the widespread adoption of solar and wind energy is reshaping the
global energy structure. These shif ts present unprecedented
challenges for stable reliable and high-quality power supply
ushering the global power industry into a new era of transformation.S ince i t s l i s t ing Wi l l fa r To address this Willfar has developed a comprehensive productInformation has achieved steady ecosystem integrating "chips + IoT + artificial intelligence.”
stock price growth driven by its
expanding business footprint
and cons i s tent per fo rmance
To better safeguard shareholder interests Willfar improvements.formally launched its
Policy> in early 2025 with the Chairman leading efforts
to oversee market value initiatives. The Company has
in tegrated sent iment moni tor ing into i t s da i l y
m a n a g e m e n t p ra c t i ce s e m p l oy i n g a ra n g e o f
strategies to maintain stable market value aligned with
its intrinsic value ensuring investor benefits are
protected.In 2025 Willfar will treat value management as a systemic strategic initiativeestablishing a
four-pronged framework:
Value Communication Sentiment Management
Value Creation Value Preseation
(multi-dimensional (routine monitoring
(40% baseline (dynamic repurchase
investor relations + responsive
dividend ratio) mechanism)
system) mechanisms)
Four in one management system
This approach will enable real-time tracking of market trends and investor feedback translating
corporate achievements into tangible investor value and laying a solid foundation for high-quality
development in the capital markets.
10 11loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
The Company continues to prioritize technological innovation as the
cornerstone of its growth significantly increasing R&D investment and Deepening the Energy Internet
consistently launching new products and solutions. This has yielded Suppoing Global New Energy Systems and Sma Management
impressive market expansion results solidifying Willfar’s leadership in China’s
power sector while actively exploring emerging areas such as Integrated
Energy System (Generation Grid Load Storage) Digital Twin-enabled smart
city infrastructure green buildings and energy services unlocking new The energy internet industry in which Willfar Overseas Breakthroughs as a Robust Growth
growth avenues. o p e ra te s i s a c r i t i c a l pa t hway fo r e n e rg y Driver Becoming a Key Driver of Performance
transformation and revolution as well as a vital Growth. In 2024 Willfar accelerated its global
component of the digital economy. As one of expansion achieving s ignif icant progress in
China’s earliest entrants in this field Willfar holds a o v e r s e a s m a r k e t s a n d d r i v i n g a l e a p i n
With Technological Innovation as its Foundation clear strategic first-mover advantage adhering to i n t e r n a t i o n a l re v e n u e . T h ro u g h l o c a l i z e dContinuously Increases R&D Investment its vision of “IoT-Enabling the World Chip-Linking operations and tailored solutions the Companythe Future”. The Company has deepened its has supported the digital transformation of energy
comprehensive energy IoT solutions extending infrastructure along the Belt and Road Initiative.applications to cities industrial parks buildings Mult ip le se l f-developed Wi-SUN chips have
During the reporting period
a n d e n t e r p r i s e s t h e re b y d i g i t a l i z i n g a n d earned international certifications with Willfar
decarbonizing public urban infrastructure such as now serving as a core member of the Wi-SUN
R&DSpending YOYGrowth electricity water gas heating and charging. Alliance. Additionally the Company’s intelligent
These effor ts advance the construct ion and ultrasonic water meters have secured the highest-
241Million Yuan 5.95%
intelligent management of new energy systems. level international certifications in the EU UK and
Moving forward Wi l l far wi l l empower more other regions further solidifying its global market
As of the end of the reporting period enterprises and cities to achieve green low- position.carbon development contributing to the building
the Company added including of modern energy ecosystems.Willfaremployed accountingfor 66 patents 35 invention
441 51.34% during the period patents
R&D professionals of its workforce
including 184individuals alongside and 2 integratedwithmaster’sdegreesorhigher.
110 software circuit layout
copyrights design rights.
241
million yuan
227
million yuan Willfar held a total of 726 valid patents
199
million yuan ( 1 8 4 of which are invention patents)177
million yuan
130
million yuan
1008 software copyrights and 8 Self-Developed Chips: Penetrating
Domestic Markets Integrating Internationally
integrated circuit layout design rights
During the reporting period Willfar’s Wi-SUN The Company’s high-speed broadband carrier
20202021202220232024
The Company has also contributed to 87 communication module technology for power IoT communication technology and chips for power IoT
standards including 1 international passed a scientific and technological evaluation also underwent evaluation by an academician-led
40 with multiple self-developed products receiving ex p e r t pa n e l w i t h s o m e a s p e c t s re a c h i n g standard national standards
certifications from the Wi-SUN Alliance Brazil’s international leadership and the overall level
1 1 industry standards
Anatel and the U.S. FCC. Together with G3- deemed internat ional ly advanced. The new-
6 local standards
PLC/BPLC technologies these solutions provide generation dual-mode communication chip as a
and 2 9 group standards. power AMI communication options covering over frontrunner passed testing and certification by
70% of global countries securing overseas orders both State Gr id and Southern Gr id fur ther
exceeding tens of millions of yuan and achieving boosting its market share.international leading-edge technical standards.
1213
In terms of intellectual property As of the reporting period﹂s endloT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Integrating AI to Empower New Energy Systems
Boosting Transparency
Paving the Way for Capital Market
Willfaris integrating cutting-edge artif icial
In the realm of smar t c it ies Wi l l far has Advancement
intelligence into the development of new power
developed AI edge comput ing gateways and
s y s t e m s d r i v i n g t h e d i g i t a l a n d i n t e l l i g e n t
i n te l l i g e n t s e c u r i t y m a n a g e m e n t p l a t fo r m s
transformation of the power sector and supporting
s igni f icant ly enhancing edge comput ing and
China’s dual-carbon goals . Through advanced In the pursuit of high-quality development in the capital markets
security capabilities. As the Vice Chairman of the
research into load forecasting photovoltaic power effective information disclosure and robust investor relations are vital
Power Industry AI Alliance the Company is actively
generation prediction and operational optimization
promot ing AI appl icat ions in the power and l inks connecting Willfar to its investors. The Company remains
the Company enhances the accuracy of demand and
renewable energy sectors contributing to the
renewable energy forecasts enabling intelligent committed to an Investor-Centric Approach ensuring transparency
construction of new energy systems.co o rd i n a te d co nt ro l a c ro s s va s t d i s t r i b u te d accessibility and engagement through innovative disclosure practices
generation supply and consumption networks. and multi-channel communication.Willfar is also advancing critical technologies such as
intelligent topology identification and ground fault
protection improving the efficiency and reliability of
distribution networks.In 2024 Willfar collaborated with a national- In 2025 Willfar will continue to deepen its
level key laboratory in the energy sector—approved focus on “AI + Energy” establishing new paradigmsand managed by the central government—on “chips while expanding AI applications in edge computing+ AI” initiatives driving the industrialization of and big data. The Company will also accelerate its
research outcomes. This partnership advances the international izat ion strategy leading industry
digitization and intelligence of the power sector standard-setting efforts to contribute to global
injecting New Quality Productive Forcesinto energy energy transitions and high-quality digital economy
IoT development. development.Deepening Indust-Academia-Research Collaboration
Harnessing Innovative Resources
Through its partnership with Tsinghua University
Willfar Information has established a provincial- Willfar is enhancing the reliability of new power systems
level academician expert workstation postdoctoral by developing channel-less protection technologies
research station and provincial engineering technology addre ss ing c r i t i ca l indust ry cha l lenge s in fau l t
research center. The Company collaborates deeply with d i a g n o s i s . C o l l a b o r a t i o n w i t h t h e N a t i o n a l
leading domestic inst itut ions including Tsinghua Supercomputing Center in Changsha provides access to
University the National Supercomputing Center in h i g h - p e r f o r m a n c e c o m p u t i n g r e s o u r c e s a n d
Changsha and the China Association of City Science a lgor i thmic re search capab i l i t i e s enab l ing the
fos te r ing re source shar ing and complementary appl icat ion of cutt ing-edge technologies across
strengths to jointly conduct technological research and industr ies . These in i t iat ives strengthen Wi l l far ’s
product development. innovation ecosystem and support its leadership in
Next-Gen Productivity.
14 15loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Innovating Disclosure Formats Enhancing Information Delive Multi-Platform Engagement
Building a Comprehensive Communication Network
Information disclosure sees as a critical bridge between the Company and its investors
forming the cornerstone of investor rights protection.In 2024 Willfar adhered to the principles of
Regular Investor Briengs:
Truthful Accurate Complete Timely Fair Beyond regulato requirements the Company
proactively issued 14 volunta disclosures including Willfar priorit izes investor relations In 2024 the Company organized
monthly contract bid-winning repos bi l ingual
disclosure m a n a g e m e n t e n g a g i n g i n ve s t o r s ve r s i o n s o f t h e "C o r p o ra t e Va l u e a n d Re t u r n
through diverse platforms and channels 2 investorreceptiondays
Enhancement Action Plan " and ESG repos oering
publishing 6 8 mandato announcements to to foster trust deepen understanding mult i-d imens iona l ins ights into i t s operat iona l 3 performancebriefings
provide comprehensive and transparent information to peormance social responsibility and sustainability
and promote mutual growth.eos. While ensuring compliance Willfar focused on andover360onlineandofflineresearchinvestors. Addit ional ly the company proactively
promoted volunta disclosure initiatives promptly enhancing the content and format of its disclosures
interactions
sharing information that is crucial for investors' value improving visual clarity readability and international attracting 4 7 1 investment institutions
judgments and decision-making processes. appeal.and830professionals.In 2024 the Company launched bilingual “One- ese enriched disclosures were distr ibutedCha Insights” for its four quaerly repos using through multiple channels including the Company’s
concise intuitive chas to highlight key nancial data website WeChat public account WeChat video channel
and business achievements . Addit ional ly Wi l l far and investor relations mini-program. Wil l far also e 2023 peormance brieng hosted onproduced video explanations of its annual repo leveraged the Shanghai Stock Exchange’s “STAR Market the Shanghai Stock Exchange’s roadshowfeaturing management team members to provide clear 3-Minute Insights into New-Quality Productive Forces” platform and led by the Chairman with
accessible insights into key nancial and strategic platform to share a visual interpretation of its 2023 independent directors in attendance was
points enabling investors to obtain core information in annual repo and panered with Securities Times for broadcas t ac ros s mu l t ip le p la t fo rmsa more direct and convenient manner. the “Exploring STAR Market Innovation Decodingreaching 10000 viewers on the Company’s
Given the technical nature of Willfar’s indust the Indust Pioneers A Tour of New-Quality ProductiveCompany emphasizes plain language chas case WeChat video channel alone. Forces in Shanghai Stock Exchange” series using vivid
studies and video explanations to eectively reduce language to showcase its role in building new energy
cognitive barriers for investors helping investors grasp systems as a “neural network.” ese eos garnered
its business development process achievements and 32760 views demonstrating signicant engagement.strategic vision. Since the inception of information disclosure
a s s e s s m e n t s fo r t h e S TA R M a r ke t W i l l fa r h a s
consistently earned the highest A-level rating from the
Shanghai Stock Exchange for its disclosure quality Beyond these Wil l far hosted thematic
reecting its dedication and excellence. investor events inviting paicipants to visit
its facilities engage with indust expes
A Comprehensive WeChat Public and management and share feedback ESG repo
Oveiew Account e n h a n c i n g i n v e s t o r re c o g n i t i o n a n d
satisfaction.In 2025 the Company will uphold high standards continuously improving disclosure quality using AI tools to
enrich visual presentations. Building on bilingual “One-Cha Insights” and ESG repos Willfar will publish all
WeChat public account content in dual languages and leverage AI to produce multi-lingual versions of its 2024
annual repo video and 2024 peormance brieng video catering to investors in dierent regions and expanding its
inuence in international capital markets.
16 17loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Innovating Disclosure Formats Enhancing Information Delive Multi-Platform Engagement
Building a Comprehensive Communication Network
Information disclosure sees as a critical bridge between the Company and its investors
forming the cornerstone of investor rights protection.In 2024 Willfar adhered to the principles of
Regular Investor Briengs:
Truthful Accurate Complete Timely Fair Beyond regulato requirements the Company
proactively issued 14 volunta disclosures including Willfar priorit izes investor relations In 2024 the Company organized
monthly contract bid-winning repos bi l ingual
disclosure m a n a g e m e n t e n g a g i n g i n ve s t o r s ve r s i o n s o f t h e "C o r p o ra t e Va l u e a n d Re t u r n
through diverse platforms and channels 2 investorreceptiondays
Enhancement Action Plan " and ESG repos oering
publishing 6 8 mandato announcements to to foster trust deepen understanding mult i-d imens iona l ins ights into i t s operat iona l 3 performancebriefings
provide comprehensive and transparent information to peormance social responsibility and sustainability
and promote mutual growth.eos. While ensuring compliance Willfar focused on andover360onlineandofflineresearchinvestors. Addit ional ly the company proactively
promoted volunta disclosure initiatives promptly enhancing the content and format of its disclosures
interactions
sharing information that is crucial for investors' value improving visual clarity readability and international attracting 4 7 1 investment institutions
judgments and decision-making processes. appeal.and830professionals.In 2024 the Company launched bilingual “One- ese enriched disclosures were distr ibutedCha Insights” for its four quaerly repos using through multiple channels including the Company’s
concise intuitive chas to highlight key nancial data website WeChat public account WeChat video channel
and business achievements . Addit ional ly Wi l l far and investor relations mini-program. Wil l far also e 2023 peormance brieng hosted onproduced video explanations of its annual repo leveraged the Shanghai Stock Exchange’s “STAR Market the Shanghai Stock Exchange’s roadshowfeaturing management team members to provide clear 3-Minute Insights into New-Quality Productive Forces” platform and led by the Chairman with
accessible insights into key nancial and strategic platform to share a visual interpretation of its 2023 independent directors in attendance was
points enabling investors to obtain core information in annual repo and panered with Securities Times for broadcas t ac ros s mu l t ip le p la t fo rmsa more direct and convenient manner. the “Exploring STAR Market Innovation Decodingreaching 10000 viewers on the Company’s
Given the technical nature of Willfar’s indust the Indust Pioneers A Tour of New-Quality ProductiveCompany emphasizes plain language chas case WeChat video channel alone. Forces in Shanghai Stock Exchange” series using vivid
studies and video explanations to eectively reduce language to showcase its role in building new energy
cognitive barriers for investors helping investors grasp systems as a “neural network.” ese eos garnered
its business development process achievements and 32760 views demonstrating signicant engagement.strategic vision. Since the inception of information disclosure
a s s e s s m e n t s fo r t h e S TA R M a r ke t W i l l fa r h a s
consistently earned the highest A-level rating from the
Shanghai Stock Exchange for its disclosure quality Beyond these Wil l far hosted thematic
reecting its dedication and excellence. investor events inviting paicipants to visit
its facilities engage with indust expes
A Comprehensive WeChat Public and management and share feedback ESG repo
Oveiew Account e n h a n c i n g i n v e s t o r re c o g n i t i o n a n d
satisfaction.In 2025 the Company will uphold high standards continuously improving disclosure quality using AI tools to
enrich visual presentations. Building on bilingual “One-Cha Insights” and ESG repos Willfar will publish all
WeChat public account content in dual languages and leverage AI to produce multi-lingual versions of its 2024
annual repo video and 2024 peormance brieng video catering to investors in dierent regions and expanding its
inuence in international capital markets.
16 17loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025On March 19 2024 the “STAR China – STAR 100 Index High-Quality DevelopmentResearch Tour” co-hosted by Shanghai Securities News and Bosera Fund visited Willfar. In 2024 Willfar added an “Investor Engagement” section to
Management provided a comprehensive oveiew of the Company’s histo core businesses its WeChat public account integrating its IR mini-program for Diverse Investor
technological innovations and indust layout oering investors deeper insights into Willfar’s real-time announcement updates and research appointment Relations
commitment to innovation and high-quality development. Interactions scheduling oering investor quick convenient access. e
Company paicipated in over 40 strategy sessions organized by
brokerages receiving 57 research repos from 18 institutions
with 24 rated “Buy” and 14 rated “Overweight” eectively
On May 20 2024 Willfar hosted its 25th World Metrology Day exchange and investor communicating its value to the market.reception inviting indust expes to discuss the latest trends and innovations while
showcasing annual new products in areas like digital grids communication chips and sma
cities strengthening investor understanding of the indust and Company.Wi l l far leveraged platforms l ike the Shanghai Stock
Exchange e-Interaction JDM Finance Panoramic Network Stock
Timely Investor
On September 13 2024 under the guidance of the Hunan Securities Regulato Bureau Responses Forum and Xueqiu to promptly address investor inquiriesand Hunan Fund Indust Association Willfar welcomed investors for an in-person “face-to- maintaining an average response time of within two businessface” exchange—the rst of its kind among Hunan-listed companies—featuring paicipation days.from auditors marking a signicant step in protecting investor rights through innovative
practices.On December 19 2024 the Company held its annual innovation summit and investor Wil lfar expanded its global capital market presence
research event inviting indust expes scholars and investors. During the event the enhancing engagement with overseas institutions. In 2024 thecompany established three innovation consoia focusing on new energy systems sma grid Company paicipated in the “Listed Companies Roadshow ininnovation digital city simulation and AI supercomputing. Willfar also unveiled 12 new Hong Kong” organized by the China L isted Companies
products integrating Digital Twin communication chips and AI applications in digital grids and International Association conducting four reverse roadshows in Hong Kong
sma cities engaging investors on green low-carbon energy transitions and the Company’s Investor and hosting ve on-site visits by international investors. rough
future plans reinforcing its commitment to high-quality development. Relations international brokerage channels Willfar issued English research
repos providing deep insights into its indust and business
potential. By year-end foreign ownership of the Company’s
shares increased by 106% compared to the beginning of 2024
reecting growing international engagement.In 2025 Willfar will establish a capital market working group led
STAR China – STAR 100 Index by the Chairman at the board level enhancing routine investor
High-Quality Development communication by leveraging AI tools to build diversied and ecient
Research Tour communication channels.e Company will explore inviting investors
Face-to-Face Investor On-site to visit overseas factories establish mechanisms for consulting
Exchange Event investors on major events and respond promptly to investor
Annual New Product Launch and concerns fostering a panership for shared growth and value
Investor Exchange Conference creation.Annual Innovation Summit and
Investor Research Meeting
18 19loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Willfar will focus on modernizing governance capabilities following a
safeguarding innovating governance
path of "safeguarding shareholder r ights innovating governance shareholder rights mechanisms
Strengthening Governance Foundations mechanisms upgrading risk management and deeply integrating ESG". upgrading risk
management deeply integrating ESG
Building a Robust Framework for ese eos wil l sol idify the Company’s governance foundation
delivering long-term sustainable value to investors.High-Quality Development
Diversied Board Structure
In today’s complex bus iness env i ronment and str ingent Enhancing Scientic Decision-Making
regulatory landscape Willfar recognizes that exceptional corporate
governance is essential for sustainable development and enhancing
market value. The Company is committed to improving governance Willfar is dedicated to building a diversied and high-
efficiency implementing key initiatives to ensure steady progress and peorming board comprising nine directors with over 20 years
lay a strong foundation for investor returns. of expeise in their respective elds. e board includes three
independent directors and two female directors reecting
divers ity in perspect ives and gender providing robust
professional suppo for strategic decisions and operational Directors
management.In 2024 with a focus on regulato compliance Willfar promptly revised and updated relevant policies
in response to policy changes continuously improving internal management mechanisms optimizing
governance and protecting the rights of minority shareholders.In accordance with the corporate governance rules for listed companies issued by the China
Securities Regulato Commission (CSRC) and the Shanghai Stock Exchange (SSE) the
Company held 4 shareholder meetings and 8 board meetings passing 37 resolutions.Willfar updated and rened nine governance policies including its Aicles of Association
External Guarantee Management Policy and Related Pay Transaction Implementation
Rules.And the Board of Directors/Shareholder Meeting also approved the
Selection Policy> to standardize auditor appointments.As a constituent of the Shanghai Stock Exchange STAR 100 Index Willfar implemented its <
Market Value Management Policy> approved by the board on Janua 14 2025. ese eos
earned the Company recognition as a 2024 Best Practice Case in Board Governance by the China
Listed Companies Association.In 2025 with the new Company Law introducing requirements for employee directors Willfar
will seize this oppounity to enhance its governance structure and eciency. e Company will
proactively appoint directors representing employee interests with strong professional
qualications develop tailored training programs to suppo their roles and optimize decision-
making processes to foster collaboration among directors. Leveraging this diverse board
structure Willfar will not only meet regulato requirements but also boost its market
competitiveness creating greater value for shareholders employees and society.
20 21loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Willfar will focus on modernizing governance capabilities following a
safeguarding innovating governance
path of "safeguarding shareholder r ights innovating governance shareholder rights mechanisms
Strengthening Governance Foundations mechanisms upgrading risk management and deeply integrating ESG". upgrading risk
management deeply integrating ESG
Building a Robust Framework for ese eos wil l sol idify the Company’s governance foundation
delivering long-term sustainable value to investors.High-Quality Development
Diversied Board Structure
In today’s complex bus iness env i ronment and str ingent Enhancing Scientic Decision-Making
regulatory landscape Willfar recognizes that exceptional corporate
governance is essential for sustainable development and enhancing
market value. The Company is committed to improving governance Willfar is dedicated to building a diversied and high-
efficiency implementing key initiatives to ensure steady progress and peorming board comprising nine directors with over 20 years
lay a strong foundation for investor returns. of expeise in their respective elds. e board includes three
independent directors and two female directors reecting
divers ity in perspect ives and gender providing robust
professional suppo for strategic decisions and operational Directors
management.In 2024 with a focus on regulato compliance Willfar promptly revised and updated relevant policies
in response to policy changes continuously improving internal management mechanisms optimizing
governance and protecting the rights of minority shareholders.In accordance with the corporate governance rules for listed companies issued by the China
Securities Regulato Commission (CSRC) and the Shanghai Stock Exchange (SSE) the
Company held 4 shareholder meetings and 8 board meetings passing 37 resolutions.Willfar updated and rened nine governance policies including its Aicles of Association
External Guarantee Management Policy and Related Pay Transaction Implementation
Rules.And the Board of Directors/Shareholder Meeting also approved the
Selection Policy> to standardize auditor appointments.As a constituent of the Shanghai Stock Exchange STAR 100 Index Willfar implemented its <
Market Value Management Policy> approved by the board on Janua 14 2025. ese eos
earned the Company recognition as a 2024 Best Practice Case in Board Governance by the China
Listed Companies Association.In 2025 with the new Company Law introducing requirements for employee directors Willfar
will seize this oppounity to enhance its governance structure and eciency. e Company will
proactively appoint directors representing employee interests with strong professional
qualications develop tailored training programs to suppo their roles and optimize decision-
making processes to foster collaboration among directors. Leveraging this diverse board
structure Willfar will not only meet regulato requirements but also boost its market
competitiveness creating greater value for shareholders employees and society.
20 21loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Empowered Independent Directors Embracing ESG Principles
Driving Governance Excellence Paving the Path to Sustainability
Willfar is committed to green manufacturing and innovation aligning with national calls for
“New Quality Productive Forces”by deeply integrating ESG (Environmental Social and
Willfar recognizes the pivotal role of independent directors in corporate Governance) into its strategy products operations and value chain. Since 2021 the Company has
voluntari ly published annual social responsibil ity repos transparently sharing its ESG
governance establ ishing a comprehensive framework to suppo their
achievements with stakeholders. In Februa 2024 Willfar released its 2023 ESG repo in both
contributions. In 2024 the Company introduced the
Chinese and English demonstrating its commitment to accountability.Policy> clearly dening their responsibilities rights and obligations to ensure In 2024 internally Willfar advanced green operations through intelligent manufacturing and
eective oversight. Willfar also created dedicated communication channels the development of low-carbon industrial parks implementing facility and equipment upgrades toassigning professional liaisons to facilitate interactions between independent reduce energy consumption and increase clean energy usage earning the title of “National Greendirectors and internal teams ensuring timely feedback and implementation of Facto.” Externally the Company promoted green initiatives suppoing national new energy
their insights. At the strategic level the company actively involves independent system development and the Belt and Road Initiative enabling low-carbon management for
industrial parks enterprises industries and cities while fullling its social responsibilities to create
directors in discussions and consultations on internationalization development
value for markets industries nations and society.of new quality productive forces and corporate governance.Governance Achievements
Green Environmental Achievements
Consecutive Two-Year Highest A-Level Rating for
Information Disclosure by the SSE National-Leve “Green Facto”
Best Practice of the Board of Directors by the CAPCO National-Level Green Supply Chain Management
Independent directors with their deep expeise play a critical role in major EnterpriseBest Practice of Earnings Presentation by the CAPCO
“Xinhua Credit Jinlan Cup” Excellent Cases on
decision-making processes. Professor Gu Qingyang from the National University Best Practice of the Board Oce by the CAPCO Carbon Peak and Carbon Neutrality
Golden Bull Award - Golden Disclosure Award by China
of Singapore a renowned economist leverages his global perspective and Director Unit of Hunan Green Manufacturing Securities Journal
Indust Federation
insights into economic trends to guide Willfar’s internationalization strategy. Annual Top Growth Enterprises among China A-Share
Listed Companies in 2024
Professor Huang Shoudao from Hunan University with decades of experience in Top 30 Valued Companies on the STAR Market
electrical engineering provides precise technical guidance for the Company’s e Best Listed Companies of 2024 by New
Foune Magazine
energy IoT business. Professor Yang Yan an expe in nancial management and
corporate social responsibility sees as Chair of the Audit Committee delivering
critical oversight in nancial auditing and risk management to ensure scal health
ESG Management Achievements
and compliance.Wind ESG Rating "A" Level
Huazheng ESG Rating "A" LevelSocial Responsibility Achievements Selected into the“ ESG Best Practice Cases of ListedCompanies” by the China Association for Public
Companies (CAPCO)
National Model Enterprise for Harmonious Labor Relation
In 2025 Willfar will fuher optimize suppo for independent directors Cailian Press“ Best ESG Award”Top 50 Employers in Job Absorption for 2023
Top 100 A-Share Listed Companies with the Best ESG
enhancing collaboration with internal teams through at least four annual Class A Unit in Labor Protection Law Compliance and Integrity in 2023 Rating Improvement by Huazheng in 2024
communication sessions. is will create a regular platform for information A-level Tax Credit Enterprise for 19 consecutive years Best ESG Practice by New Foune Magazine in 2024
Top 100 High-Tech Enterprises in Hunan Province in Tax Contribution in 2023
sharing and joint eos enabling independent directors to integrate cutting- ESG Golden Dawn Award for Best ESG Practice Enterprises
Top 100 Private Enterprises in Hunan Province in Tax Contribution for 2023 by China Securities Market Weekly in 2024
edge academic insights and innovative thinking into decision-making injecting Top 50 “Specialized Rened Unique and Innovative” Small and Medium-Sized
fresh vitality into the Company’s development. Enterprises in Hunan Province in Tax Contribution for 2023
Top 100 Taxpaying Enterprises in Xiangjiang New Area Hunan Province in 2024
Top 100 Taxpaying Enterprises in Xiangjiang New Area Hunan Province in 2023
In 2025 Willfar will lead with innovation enhancing ESG governance across multiple
dimensions to build core competitive advantages in sustainability guiding the Company toward a
greener fairer and more ecient future.
22 23loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Employee Stock Ownership Boosting Incentives
Reinforcing Core Leadership Driving Mutual Prosperity
Establishing a Path to Compliant and
Steady Development
Wil l far recognizes that “Core Leadersh ip”—key
executives and decision-makers—plays a vital role in driving
In 2024 Willfar launched e plan includes a three- is initiative strengthens
high-quality development and maximizing shareholder
its rst employee stock year lock-up period with employees’ sense of
value. In 2024 the Company implemented a series of
ownership plan oering shares unlocking in three ownership and aligns
measures to al ign the interests of management the
4 million shares to tranches (40% 30% their interests with those
Company and shareholders including employee stock of shareholders and the
134 core employees and 30%) tied to
ownership plans dynamic compensation adjustments and Company.who fully subscribed with individual peormance
diversified training programs. These initiatives enhance the
governance capabilities of directors supervisors and senior 77.68 million yuan.metrics to balance
incentives and
management ensuring steady sustainable growth. accountability.In 2025 Willfar will rene its market-oriented compensation and
peormance evaluat ion system fuher l inking management
remuneration to overall company peormance. By enhancing
peormance assessments aligning strategic planning budgeting
and evaluation and dynamically adjusting resource allocation based
on results the Company will energize its organization ensuring
management and corporate peormance are in sync driving high-
quality development.
24 25loT Connects the World Chip Enables the Futrue WillfarInformationTechnologyCo.Ltd. Corporate Value and Return Enhancement Action Plan 2025
Employee Stock Ownership Boosting Incentives
Reinforcing Core Leadership Driving Mutual Prosperity
Establishing a Path to Compliant and
Steady Development
Wil l far recognizes that “Core Leadersh ip”—key
executives and decision-makers—plays a vital role in driving
In 2024 Willfar launched e plan includes a three- is initiative strengthens
high-quality development and maximizing shareholder
its rst employee stock year lock-up period with employees’ sense of
value. In 2024 the Company implemented a series of
ownership plan oering shares unlocking in three ownership and aligns
measures to al ign the interests of management the
4 million shares to tranches (40% 30% their interests with those
Company and shareholders including employee stock of shareholders and the
134 core employees and 30%) tied to
ownership plans dynamic compensation adjustments and Company.who fully subscribed with individual peormance
diversified training programs. These initiatives enhance the
governance capabilities of directors supervisors and senior 77.68 million yuan.metrics to balance
incentives and
management ensuring steady sustainable growth. accountability.In 2025 Willfar will rene its market-oriented compensation and
peormance evaluat ion system fuher l inking management
remuneration to overall company peormance. By enhancing
peormance assessments aligning strategic planning budgeting
and evaluation and dynamically adjusting resource allocation based
on results the Company will energize its organization ensuring
management and corporate peormance are in sync driving high-
quality development.
24 25loT Connects the World Chip Enables the Futrue
Staying Ahead of Regulato Dynamics
Enhancing Core Leadership Capabilities
Willfar understands the critical role of Core Leadership in
governance providing systematic training and policy updates to
elevate compliance awareness and peormance.In 2024 the Company leveraged resources from the CSRC
Shanghai Stock Exchange Pujiang Lecture Hall China Listed
Companies Association and Capital Market College organizing 26
t ra in ing sess ions for contro l l ing shareholders d i rec tors
supeisors and senior management covering comprehensive
compliance knowledge to ensure alignment with the latest
regulations enhance risk management and improve governance
skills.For specic areas like ESG M&A sentiment management
nancial repoing information disclosure investor relations roles
and corporate bonds or asset securitization Willfar arranged
targeted training for responsible depaments through the
Shanghai Stock Exchange China Listed Companies Association
and Hunan Listed Companies Association boosting overall
compliance and professional expeise.To keep pace with regulato updates Willfar established a
quaerly monitoring mechanism for new regulations compiling
and interpreting the latest capital market rules market trends and
case studies for distribution to Core Leadership.In 2025 Willfar will maintain its “rst to know and other professional institutions tailoringrst to interpret” approach establ ishing an content to Willfar’s needs. ese eos will help
ecient policy interpretation and dissemination management stay ahead of policy trends navigate
system. e Company plans to issue at least four market shifts and meet CSRC requirements for
quaerly regulato updates and host at least two enhanced regulato enforcement and investor
in-person compliance training sessions with protection.accounting rms law rms
26Stock Code:688100
Willfar Information Technology Co. Ltd.Willfar Information Technology Co. Ltd
Corporate Value and Return Enhancement
Web：https://www.willfar.com/
Action Plan 2025
Tel：0731-88619798
Add：No.468 Wasion Science & Technology Park West Tongzipo Road
High-Tech Development Zone Changsha Hunan P.R.China
沪公网安备31011802005267号
