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东山精密:2026年一季度报告(英文版)

深圳证券交易所 05-23 00:00 查看全文

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

12

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