DSBJ First Quarter Report 2026
Stock Code: 002384 Stock Short Name: DSBJ Announcement No.: 2026-023
Suzhou Dongshan Precision Manufacturing Co. Ltd.First Quarter Report 2026
The Company and all the members of the Board of Directors hereby warrant that the content of the information disclosure is
true accurate and complete without any misrepresentation misleading statement or material omission.Important note:
1. The Board of Directors directors and senior executives of the Company hereby warrant that this quarterly report is true
accurate and complete without any misrepresentation misleading statement or material omission and agree to assume joint and
several liabilities for this quarterly report.
2. YUAN Yonggang Chairman of the Company CFO WANG Xu and Accounting Supervisor ZHU Deguang hereby represent
that the financial information contained in this quarterly report is true accurate and complete.
3. Whether the First Quarter Financial Report has been audited
□ Yes□ No
Note:
This document is a translated version of the Chinese First Quarter Report 2026 ("2026年第一季度报告"). In case of any
discrepancies the First Quarter Report 2026 published in the Chinese version shall prevail. The full Chinese First Quarter Report
2026 is available at www.cninfo.com.cn.
1DSBJ First Quarter Report 2026
I. Key Financial Data
(I) Key Accounting Data and Financial Indicators
Did the Company need to retrospectively adjust or restate any accounting data of prior years
□ Yes□ No
The same period of the %
The reporting period
previous year change
Operating revenue (RMB) 13137636263.36 8602240027.91 52.72%
Net profit attributable to shareholders of the Listed Company
1109892942.38455862422.17143.47%
(RMB)
Net profit attributable to shareholders of the Listed Company
1059278407.74396749250.19166.99%
after deduction of non-recurring gain or loss (RMB)
Net cash flows from operating activities (RMB) 1126672373.29 1365406591.51 -17.48%
Basic earnings per share (RMB/share) 0.61 0.27 125.93%
Diluted earnings per share (RMB/share) 0.61 0.27 125.93%
Weighted average return on net assets 5.05% 2.39% 2.66%
The end of the reporting The end of the previous %
period year Change
Total assets (RMB) 63045615506.36 60250537094.98 4.64%
Owner’s equity attributable to shareholders of the Listed
22637699880.0021461147972.595.48%
Company (RMB)
(II) Items and amounts of non-recurring gains or losses
□ Applicable □ N/A
In RMB
Amount of the current
Item Remark
reporting period
Gain or loss on disposal of non-current assets (including allowance for
-5295054.29
impairment of assets that has been written off)
Government grants recognized in profit or loss (excluding the government
grants that are closely related to the business of the Company conform to the
68117200.36
applicable policies of the country are provided in accordance with the
established standards and continuously affect the Company’s profit or loss)
Gain or loss on changes in fair value of financial assets and financial
liabilities held by non-financial entities and gain or loss on disposal of
5442915.78
financial assets and financial liabilities except for effective hedges held in
the ordinary course of business
Other non-operating revenues and expenses -9091884.00
Less: Effect on income tax 8540723.63
Effect on minority interests (exclusive of tax) 17919.58
Total 50614534.64 --
Other items of gain or loss within the meaning of non-recurring gain or loss:
□ Applicable□ N/A
We do not have any other item of gain or loss within the meaning of non-recurring gains or losses.Classification of any item of non-recurring gain or loss defined by the Explanatory Announcement No. 1 on Information
Disclosure by Companies Publicly Offering Securities – Non-recurring Gain or Loss as recurring gain or loss:
□ Applicable□ N/A
2DSBJ First Quarter Report 2026
We have not classified any item of non-recurring gain or loss defined by the Explanatory Announcement No. 1 on Information
Disclosure by Companies Publicly Offering Securities – Non-recurring Gain or Loss as recurring gain or loss.(III) Particulars of and reasons for changes in the key accounting data and financial indicators
□ Applicable □ N/A
In RMB
Balance sheet The end of the The end of the %reporting period previous year Change Main reason
Accounts receivable
financing 399648558.37 285277607.54 40.09%
Primarily due to the increase in bank acceptance
bills received during the reporting period.Primarily due to the enhanced efforts for expanding
the production capacity of optical modules
Construction in
progress 3447555504.13 2345985416.22 46.96%
(including optical chips) and AI PCBs in response
to the explosion of demands for downstream AI
data centers to meet customer orders and delivery
requirements.Primarily due to the payment of the remaining
Other payables 259090579.70 705336813.22 -63.27% amount for acquiring the equity interests in Source
Photonics in the first quarter of 2026.Income statement The reporting
The same period %
period of the previous Change Main reasonyear
Primarily due to 1. the inclusion of Source
Photonics and GMD Group into the scope of
consolidation during the reporting period compared
with the previous year; and 2. on the basis of
maintaining stable conventional businesses the
Operating revenue 13137636263.36 8602240027.91 52.72% doubling of revenues compared with the same
period of the previous year thanks to the
Company’s efforts for taking the opportunity during
the explosion of the optical module business and
urgent customer orders which made a core
contribution to the Company’s revenue and profit
during the reporting period.Operating cost 10598454911.38 7386509909.13 43.48% Primarily due to the increase in the operating costscorresponding to the increase in the revenue above.Primarily due to the inclusion of Source Photonics
Selling expenses 128114079.16 75172569.57 70.43% and GMD Group into the scope of consolidationduring the reporting period compared with the
previous year.Primarily due to the inclusion of Source Photonics
Administrative
expenses 416447887.25 274814509.17 51.54%
and GMD Group into the scope of consolidation
during the reporting period compared with the
previous year.Primarily due to the Company’s enhanced
R&D expenses 371366457.55 275326675.54 34.88% investment in R&D of a new generation high-speedoptical chips optical modules and AI PCBs during
the reporting period.Primarily due to the new M&A loans from the
previous year which resulted in the increase in the
interest expenses during the reporting period. In
Financial expenses 248446547.78 6941252.81 3479.28% addition despite the partial exchange rate hedging
implemented by the Company the exchange losses
caused by the rapid appreciation of RMB against
USD cannot be fully offset.Incl.: Interest Primarily due to the new M&A loans from the
expenses 141106122.55 100059283.90 41.02% previous year which resulted in the increase in theinterest expenses during the reporting period.Primarily due to the large scale of principal-
Interest income 39183662.03 56209956.61 -30.29% protected wealth management with idle funds
during the same period of the previous year.Investment income 3687385.19 -5756481.87 164.06% Primarily due to the income from held-for-trading(loss expressed with financial assets during the reporting period
3DSBJ First Quarter Report 2026
“-”) compared with the loss from the disposal of the
associate BVF during the same period of the
previous year.Gain on changes in Primarily due to the losses from the foreign
fair value (loss -6726607.92 496253.51 - exchange hedging transactions measured at fair
expressed with “-”) 1455.48% value caused by exchange rate fluctuation duringthe reporting period.Impairment loss on Primarily due to the increase in the provision for
assets (loss expressed -103758576.15 -29196211.51 -255.38% impairment of inventory that is made at net
with “-”) realizable value in the current period.Gain on disposal of Primarily due to the losses of assets recognized on
assets (loss expressed -5268719.17 -1902786.17 -176.89% the basis of the removal and disposal of obsolete
with “-”) and useless equipment by some subsidiaries.Primarily due to 1. the inclusion of Source
Photonics and GMD Group into the scope of
consolidation during the reporting period compared
with the previous year and the significant increase
in the operating revenue and profit during the
Operating profit (loss
expressed with “-”) 1324373461.99 594895048.03 122.62%
reporting period thanks to the synergy effects
achieved by Source Photonics using the group’s
funds talents technologies customers and other
resources; and 2. the stable shipment of
conventional printed circuit boards precision
components and photoelectric display modules.Non-operating Primarily due to the increase in the amounts that
revenue 1101914.33 3138139.14 -64.89% cannot be paid in the same period of the previousyear.Non-operating Primarily due to the increase in external donations
expenses 10220133.45 1346996.26 658.74% during the reporting period to actively fulfillcorporate social responsibilities.Primarily due to 1. the inclusion of Source
Photonics and GMD Group into the scope of
consolidation during the reporting period compared
with the previous year and the significant increase
in the operating revenue and profit during the
Profit before tax (loss
expressed with “-”) 1315255242.87 596686190.91 120.43%
reporting period thanks to the synergy effects
achieved by Source Photonics using the group’s
funds talents technologies customers and other
resources; and 2. the stable shipment of
conventional printed circuit boards precision
components and photoelectric display modules.Primarily due to 1. the inclusion of Source
Photonics and GMD Group into the scope of
consolidation during the reporting period compared
with the previous year and the significant increase
in the operating revenue and profit during the
Net profit (loss
expressed with “-”) 1124152991.38 456526563.63 146.24%
reporting period thanks to the synergy effects
achieved by Source Photonics using the group’s
funds talents technologies customers and other
resources; and 2. the stable shipment of
conventional printed circuit boards precision
components and photoelectric display modules.The same period
Cash flow statement The reportingperiod of the previous
%
year Change
Main reason
Primarily due to the additional payment in cash for
acquiring and constructing fixed assets given the
Company’s enhanced efforts for expanding the
Net cash flows from production capacity of optical modules (including
investing activities -2528173507.65 -972599636.01 -159.94% optical chips) and AI PCBs in response to theexplosive demands for AI data centers and the
payment of the remaining amount for acquiring the
equity interests in Source Photonics during the
reporting period.
4DSBJ First Quarter Report 2026
Primarily due to the new M&A loans corresponding
to the progressive payment for transfer of equity
Net cash flows from interests and relevant additional borrowings to
financing activities 2400715923.00 267605322.80 797.11% cover capital expenditures to meet rapid business
expansion and demands for operating funds during
the reporting period.Effect of exchange Primarily due to the exchange rate fluctuation
rate changes on cash -95821642.37 17576089.34 -645.18% during the reporting period resulting in great
and cash equivalents changes in cash and cash equivalents denominatedin other currencies than the functioning currency
Primarily due to the stable operating cash inflow
during the reporting period in one aspect the
Net increase in cash 903393146.27 677988367.64 33.25% Company’s enhanced efforts for cash reserve toand cash equivalents cover capital expenditures to meet rapid business
expansion and demands for operating funds in
another aspect.II. Shareholder Information
(I) Total number of ordinary shareholders number of preferred shareholders whose voting rights had
been restituted and shareholding by the top 10 shareholders
In Shares
Total number of preferred shareholders whose voting
Total number of ordinary shareholders at
108519 rights had been restituted at the end of the reporting 0
the end of the reporting period
period (if any)
Shareholding by the top 10 shareholders (excluding the shares lent via refinancing)
No. of non-
Status of Shareholding Pledge attachment or freeze
Name of shareholder Shares held tradable shares
shareholder percentage (%)
held Status of shares Number
Domestic
YUAN Yonggang 16.53% 302781254 252224705 Pledge 104828000
natural person
Domestic
YUAN Yongfeng 13.51% 247526917 191929879 Pledge 56883800
natural person
Hong Kong
Foreign
Securities Clearing 3.79% 69480875 N/A
corporation
Company Limited
Domestic
YUAN Fugen 3.21% 58796052 N/A
natural person
China Life Insurance
Company Ltd. –
Traditional – General
Others 1.11% 20417412 N/A
Insurance Product –
005L – CT001
Shanghai
New China Life
Insurance Company
Limited –
Participating – Others 0.98% 17962635 N/A
Individual
Participating – 018L
– FH002 Shenzhen
New China Life
Insurance Company
Limited – Traditional Others 0.95% 17416280 N/A
– General Insurance
Product – 018L –
5DSBJ First Quarter Report 2026
CT001 Shenzhen
China Merchants
Bank Co. Ltd. –
Ruiyuan Growth
Others 0.93% 17092410 N/A
Value Hybrid
Securities Investment
Fund
Industrial and
Commercial Bank of
China Limited –
Huatai-PineBridge
Others 0.56% 10311700 N/A
CSI 300 Exchange-
Traded Index
Securities Investment
Fund
Agricultural Bank of
China Limited –
JPMorgan Emerging
Others 0.53% 9750207 N/A
Power Hybrid
Securities Investment
Fund
Shareholding by the top 10 holders of tradable shares (excluding the shares lent via refinancing or under executive lock-up)
Type and number of shares
Name of shareholder No. of tradable shares held
Type of shares Number
RMB-
Hong Kong Securities Clearing
69480875 denominated 69480875
Company Limited
ordinary share
RMB-
YUAN Fugen 58796052 denominated 58796052
ordinary share
RMB-
YUAN Yongfeng 55597038 denominated 55597038
ordinary share
RMB-
YUAN Yonggang 50556549 denominated 50556549
ordinary share
China Life Insurance Company Ltd. – RMB-
Traditional – General Insurance Product 20417412 denominated 20417412
– 005L – CT001 Shanghai ordinary share
New China Life Insurance Company RMB-
Limited – Participating – Individual 17962635 denominated 17962635
Participating – 018L – FH002 Shenzhen ordinary share
New China Life Insurance Company
RMB-
Limited – Traditional – General
17416280 denominated 17416280
Insurance Product – 018L – CT001
ordinary share
Shenzhen
China Merchants Bank Co. Ltd. – RMB-
Ruiyuan Growth Value Hybrid Securities 17092410 denominated 17092410
Investment Fund ordinary share
Industrial and Commercial Bank of
RMB-
China Limited – Huatai-PineBridge CSI
10311700 denominated 10311700
300 Exchange-Traded Index Securities
ordinary share
Investment Fund
Agricultural Bank of China Limited – RMB-
JPMorgan Emerging Power Hybrid 9750207 denominated 9750207
Securities Investment Fund ordinary share
6DSBJ First Quarter Report 2026
Among the shareholders listed above YUAN Yonggang and YUAN
Yongfeng are sons of YUAN Fugen and YUAN Yongfeng is the elder
brother of YUAN Yonggang. YUAN Fugen YUAN Yongfeng and YUAN
Affiliates or concert parties among the shareholders listed
Yonggang are our actual controllers. We are not aware whether there are
above
affiliates or concert parties within the meaning of the Administrative
Measures for the Takeover of Listed Companies among other shareholders
listed above.Securities margin trading conducted by the top 10
N/A
shareholders (if any)
Share lending by shareholders holding more than 5% of the shares the top 10 shareholders and the top 10 holders of tradable
shares via refinancing
□ Applicable□ N/A
Changes in the top 10 shareholders and the top 10 holders of tradable shares compared with the previous period due to share
lending under refinancing/repayment
□ Applicable□ N/A
(II) Total number of preferred shareholders of the Company and shareholding by the top 10 holders of
preferred shares
□ Applicable□ N/A
III. Other Significant Information
□ Applicable□ N/A
IV. Quarterly Financial Statements
(I) Financial statements
1. Consolidated balance sheet
Prepared by: Suzhou Dongshan Precision Manufacturing Co. Ltd.March 31 2026
In RMB
Item Closing balance Opening balance
Current assets:
Cash and bank balances 8945169872.83 7650283509.10
Settlement deposit
Loans to banks and other financial institutions
Financial assets held for trading 146891704.85 201553860.61
Derivative financial assets
Notes receivable
Accounts receivable 9555238301.88 9792745060.06
Accounts receivable financing 399648558.37 285277607.54
Advances to suppliers 311594696.23 274265688.35
Premiums receivable
Reinsurance accounts receivable
Reinsurance contract reserves receivable
Other receivables 185516155.36 165859090.82
Incl.: Interest receivable
Dividends receivable
Financial assets held under resale agreements
7DSBJ First Quarter Report 2026
Inventories 9745305354.44 8928944182.01
Incl.: Data resources
Contract assets
Assets held for sale
Non-current assets due within one year
Other current assets 1366166134.85 1328586793.26
Total current assets 30655530778.81 28627515791.75
Non-current assets:
Loans and advances to clients
Debt investments
Other debt investments
Long-term receivables 338145181.85 356797043.79
Long-term equity investment 124827697.54 126566432.55
Investments in other equity instruments 443564206.28 442976297.74
Other non-current financial assets
Investment properties 141482734.90 142555461.11
Fixed assets 16462103824.49 16586762231.15
Construction in progress 3447555504.13 2345985416.22
Productive biological assets
Oil and gas assets
Right-of-use assets 2122766576.20 2209353814.61
Intangible assets 1263536432.72 1321067216.43
Incl.: Data resources
Development expenses 47059129.08 41694639.16
Incl.: Data resources
Goodwill 4769259362.01 4769259362.01
Long-term deferred expenses 985449143.32 990698521.69
Deferred tax assets 905697493.00 829762594.06
Other non-current assets 1338637442.03 1459542272.71
Total non-current assets 32390084727.55 31623021303.23
Total assets 63045615506.36 60250537094.98
Current liabilities:
Short-term borrowings 8861034376.38 8011474049.03
Borrowings from the Central Bank
Borrowings from banks and other financial institutions
Financial liabilities held for trading 71497183.84 46545937.17
Derivative financial liabilities
Notes payable 915591987.37 1002812950.68
Accounts payable 12872545854.06 13043136687.34
Advances from clients
Contract liabilities 468039425.95 474660658.17
Financial assets sold under repurchase agreements
Deposits from clients and other banks
Funds received as stock broker
Funds received as underwriter of securities
Employee benefits payable 820501694.46 995231432.74
Taxes payable 632223582.26 641337262.33
Other payables 259090579.70 705336813.22
Incl.: Interest payable
Dividends payable
Fees and commissions payable
Reinsurance accounts payable
Liabilities held for sale
Non-current liabilities due within one year 3274772236.99 3488303627.95
Other current liabilities 45041260.95 43838129.08
8DSBJ First Quarter Report 2026
Total current liabilities 28220338181.96 28452677547.71
Non-current liabilities:
Provision for insurance contracts
Long-term borrowings 8230896518.92 6375079464.54
Bonds payable
Incl.: Preferred shares
Perpetual bonds
Lease liabilities 1794417514.28 1790064820.73
Long-term payables
Long-term employee benefits payable 138140507.86 142470448.33
Provisions 250844235.60 263756502.85
Deferred income 935846329.48 889843133.49
Deferred tax liabilities 582482022.06 634806937.54
Other non-current liabilities
Total non-current liabilities 11932627128.20 10096021307.48
Total liabilities 40152965310.16 38548698855.19
Owners’ equity:
Share capital 1831607532.00 1831607532.00
Other equity instruments
Incl.: Preferred shares
Perpetual bonds
Capital reserve 9334943023.09 9257892537.77
Less: Treasury shares 125085277.62 175076133.79
Other comprehensive income -301215059.20 -240832682.74
Special reserve
Surplus reserve 249150887.74 249150887.74
General risk reserve
Retained profits 11648298773.99 10538405831.61
Total owners’ equity attributable to the parent company 22637699880.00 21461147972.59
Minority interests 254950316.20 240690267.20
Total owners’ equity 22892650196.20 21701838239.79
Total liabilities and owners’ equity 63045615506.36 60250537094.98
Legal Representative: YUAN Yonggang CFO: WANG Xu Accounting Supervisor: ZHU Deguang
2. Consolidated income statement
In RMB
Amount of the current Amount of the
Item
period previous period
I. Total operating revenue 13137636263.36 8602240027.91
Incl.: Operating revenue 13137636263.36 8602240027.91
Interest income
Premiums earned
Fee and commission income
II. Total operating costs 11800615115.09 8056258755.19
Incl.: Operating cost 10598454911.38 7386509909.13
Interest expenses
Fee and commission expenses
Surrenders
Net payments for insurance claims
Net insurance contract reserves
Policyholder dividends
Reinsurance expenses
9DSBJ First Quarter Report 2026
Taxes and surcharges 37785231.98 37493838.97
Selling expenses 128114079.16 75172569.57
Administrative expenses 416447887.25 274814509.17
R&D expenses 371366457.55 275326675.54
Financial expenses 248446547.78 6941252.81
Incl.: Interest expenses 141106122.55 100059283.90
Interest income 39183662.03 56209956.61
Add: Other income 93211843.37 77548707.75
Investment income (loss expressed with “-”) 3687385.19 -5756481.87
Incl.: Investment income from associates and joint ventures -1068408.45 -1997494.01
Gain on derecognition of financial assets at amortized cost
Exchange gain (loss expressed with “-”)
Net exposure hedging income (loss expressed with “-”)
Gain on changes in fair value (loss expressed with “-”) -6726607.92 496253.51
Credit impairment loss (loss expressed with “-”) 6206988.40 7724293.60
Impairment loss on assets (loss expressed with “-”) -103758576.15 -29196211.51
Gain on disposal of assets (loss expressed with “-”) -5268719.17 -1902786.17
III. Operating profit (loss expressed with “-”) 1324373461.99 594895048.03
Add: Non-operating revenue 1101914.33 3138139.14
Less: Non-operating expenses 10220133.45 1346996.26
IV. Profit before tax (loss expressed with “-”) 1315255242.87 596686190.91
Less: Income tax expenses 191102251.49 140159627.28
V. Net profit (loss expressed with “-”) 1124152991.38 456526563.63
(I) Classified by continuity of operation
1. Net profit from continuing operations (loss expressed with “-”) 1124152991.38 456526563.63
2. Net profit from discontinued operations (loss expressed with “-”)
(II) Classified by attribution
1. Net profit attributable to owners of the parent company 1109892942.38 455862422.17
2. Profit attributable to minority interests 14260049.00 664141.46
VI. Other comprehensive income net after tax -60382376.45 54398416.31
Other comprehensive income attributable to owners of the parent company net
-60382376.4554398416.31
after tax
(I) Other comprehensive income that cannot be reclassified to profit or loss
1. Changes arising from remeasurement of defined benefit plans
2. Other comprehensive income that cannot be reclassified to profit or loss
under the equity method
3. Change in fair value of investments in other equity instruments
4. Change in fair value of the corporation’s credit risk
5. Others
(II) Other comprehensive income that will be reclassified to profit or loss -60382376.45 54398416.31
1. Other comprehensive income that can be reclassified to profit or loss
under the equity method
2. Change in fair value of other debt investments
3. Financial assets reclassified to other comprehensive income
4. Provision for credit impairment of other debt investments
5. Reserves for cash flow hedge -33211184.35 22393227.45
6. Differences in translation of foreign currency financial statements -27171192.10 32005188.86
7. Others
Other comprehensive income attributable to minority interests net after tax
VII. Total comprehensive income 1063770614.93 510924979.94
Total comprehensive income attributable to owners of the parent company 1049510565.93 510260838.48
Total comprehensive income attributable to minority interests 14260049.00 664141.46
10DSBJ First Quarter Report 2026
VIII. Earnings per share:
(I) Basic earnings per share 0.61 0.27
(II) Diluted earnings per share 0.61 0.27
Legal Representative: YUAN Yonggang CFO: WANG Xu Accounting Supervisor: ZHU Deguang
3. Consolidated cash flow statement
In RMB
Amount of the current Amount of the
Item
period previous period
I. Cash flows from operating activities:
Proceeds from sale of goods and rendering of services 13261147589.55 9150872062.61
Net increase in deposits from clients and other banks
Net increase in borrowings from the Central Bank
Net increase in borrowings from other financial institutions
Proceeds from premiums under prior insurance contracts
Net proceeds from reinsurance business
Net increase in insured’s deposits and investments
Proceeds from interest fees and commissions
Net increase in borrowings from banks and other financial institutions
Net increase in receipts under repurchase transactions
Net cash received as stock broker
Tax refunds received 401653145.41 436846040.44
Other cash receipts related to operating activities 208045924.34 586739349.17
Cash provided by operating activities 13870846659.30 10174457452.22
Payments for purchase of goods and receipt of services 10086867254.09 6929073577.05
Net increase in loans and advances from clients
Net increase in deposits in the Central Bank and other banks
Payment of claims under prior insurance contracts
Net increase in loans to banks and other financial institutions
Payment of interest fees and commissions
Payment of policyholder dividends
Payments to and for employees 1943919658.86 1339901217.01
Taxes paid 267633751.21 120166503.25
Other cash payments related to operating activities 445753621.85 419909563.40
Cash used in operating activities 12744174286.01 8809050860.71
Net cash flows from operating activities 1126672373.29 1365406591.51
II. Cash flows from investing activities:
Proceeds from disposal of investments 11502916.88 38814660.00
Proceeds from return on investments 14131020.89 1793948.24
Net proceeds from the disposal of fixed assets intangible assets and other
2717183.0075956861.76
long-term assets
Net proceeds from the disposal of subsidiaries and other business entities
Other cash receipts related to investing activities 1536396171.08 346373548.26
Cash provided by investing activities 1564747291.85 462939018.26
Payments for the acquisition of fixed assets intangible assets and other long-
2159971473.191096715411.40
term assets
Payments for investments 29602246.14 21549777.20
Net increase in mortgage loans
Net payments for the acquisition of subsidiaries and other business entities 464426795.84
Other cash payments related to investing activities 1438920284.33 317273465.67
11DSBJ First Quarter Report 2026
Cash used in investing activities 4092920799.50 1435538654.27
Net cash flows from investing activities -2528173507.65 -972599636.01
III. Cash flows from financing activities:
Proceeds from investors 69670658.08
Incl.: Proceeds of subsidiaries from minority shareholders’ investments
Cash receipts from borrowings 5607296293.60 2333527224.72
Other cash receipts related to financing activities 1585316612.83 415320307.41
Cash provided by financing activities 7262283564.51 2748847532.13
Repayment of borrowings 2496558603.16 2333848790.79
Payment of distribution of dividends and profits or for interest 113029577.10 80197102.42
Incl.: Dividends and profits distributed by subsidiaries to minority
shareholders
Other cash payments related to financing activities 2251979461.25 67196316.12
Cash used in financing activities 4861567641.51 2481242209.33
Net cash flows from financing activities 2400715923.00 267605322.80
IV. Effect of exchange rate changes on cash and cash equivalents -95821642.37 17576089.34
V. Net increase in cash and cash equivalents 903393146.27 677988367.64
Add: Opening balance of cash and cash equivalents 6104722626.15 5343600382.37
VI. Closing balance of cash and cash equivalents 7008115772.42 6021588750.01
(II) Adjustment of the opening balance of related financial statement items due to the
initial adoption of new accounting standards since 2026
□ Applicable□ N/A
(III) Auditor’s report
Whether the First Quarter Financial Report has been audited
□ Yes□ No
The Company’s First Quarter Financial Report has not been audited.Board of Directors of Suzhou Dongshan Precision Manufacturing Co. Ltd.April 27 2026
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