Weifu High-Technology Group Co. Ltd. Summary of Annual Report 2025

Stock Code: 000581 200581 Public Notice No: 2026-002

Short Form of the Stock: WFHT Su Weifu-B

Weifu High-Technology Group Co. Ltd.Summary of Annual Report 2025

I. Important Notice

The summary is abstract from full-text of annual report for more details of operating results financial condition and future

development plan of the Company investors should read the full-text of annual report that published on media appointed by CSRC.All directors attended the Meeting of the Board for Annual Report deliberation.Prompt of non-standard audit opinion

□ Applicable □Not applicable

Profit distribution plan of common stock or public reserve transfer into share capital deliberated by the Board in the reporting period

□Applicable □Not applicable

Transfer of public reserve into share capital

□Yes □No

The profit distribution plan that was deliberated and approved by the Board Meeting is: Based on total share capital of 966785693

distributed 7.00 yuan (tax included) bonus in cash for every 10-share held by all shareholders 0 share bonus issued (tax included)

and no transfer of capital reserve into share capital. When the profit distribution plan is implemented if there is a change in the total

amount of shares entitled to profit distribution the total amount of shares entitled to profit distribution on the equity registration date

at the time of implementation of the distribution plan shall be adjusted based on the principle of unchanged distribution proportion.Profit distribution plan of preferred stock deliberated and approved by the Board in the reporting period.□ Applicable □ Not applicable

II. Company information

1. Company Profile

Short form of the stock WFHT Su Weifu-B Stock code 000581 200581

Stock exchange for listing Shenzhen Stock Exchange

Former Short form of the stock Su Weifu-A

Person/Way to contact Secretary of the Board Rep. of security affairs

Name Liu Jinjun Xu Kan

Office add. No.6 Huashan Road Xinwu District Wuxi No.6 Huashan Road Xinwu District Wuxi

Fax. 0510-80505199 0510-80505199

Tel. 0510-80505999 0510-80505999

E-mail Web@weifu.com.cn Web@weifu.com.cn

1Weifu High-Technology Group Co. Ltd. Summary of Annual Report 2025

2. Main business or products introduction in the reporting period

(I) Main business engaged by the Company

The Company has been deeply involved in the core automotive parts for many years. With deep technical accumulation perfect

production system and extensive market layout the Company has formed four core business segments including energy saving and

emission reduction intelligent electric drive green hydrogen energy industry and others and built a product matrix covering

traditional fuel vehicles new energy vehicles off-road machinery industrial equipment energy storage and other fields which can

provide supporting solutions for OEMs automotive manufacturers and related enterprises at home and abroad. During the reporting

period the Company's core products continued to maintain a leading position in the industry in terms of market share technical level

and production scale while the Company was actively developed in automotive intelligent control new industries and other fields to

promote the optimization and upgrading of business structure and achieve sustainable development.

1. Core products of energy saving and emission reduction segment

This segment involves the Company's core advantage business focusing on energy saving and emission reduction in the field of

energy and power and deeply cultivating supporting parts of diesel gasoline natural gas and other power types. The products can

fully meet the latest emission regulations of CN VI and Off-road Phase IV vehicles in many countries and industries and widely

support various types of power equipment providing core support for the environmental protection upgrade of traditional power

equipment.

(1) Fuel injection system: It mainly includes high-pressure fuel pump high-pressure fuel rail fuel injector filter and other

products which can be adapted to diesel engines of various power and clean alternative fuels and are widely used in diversified

scenarios such as trucks buses construction machinery agricultural machinery marine machinery generator sets etc. The

Company's products are at the leading level in variety production scale and market share. While stabilizing the domestic OEM

supporting market the Company actively expanded overseas markets and some products were successfully exported to America

Southeast Asia the Middle East and other regions which were widely recognized by overseas customers.

(2) Exhaust post-treatment system: It mainly includes diesel purifier gasoline purifier natural gas purifier muffler catalyst and

other products which can meet the needs of traditional power and plug-in hybrid passenger cars commercial vehicles construction

machinery agricultural machinery generator sets and other fields and the technical level market scale and production capacity are at

the leading level in China. By virtue of advanced catalytic technology and efficient purification efficiency the products can provide

strong support for the upgrading of main equipment manufacturers' products help customers to meet the latest emission regulations

and enhance the market competitiveness of products.

(3) Intake system: It mainly includes diesel turbocharger gasoline turbocharger natural gas turbocharger and other products

covering traditional power and plug-in hybrid passenger cars commercial vehicles construction machinery agricultural machinery

generator sets and other fields and the products can provide stable and efficient supporting services for major domestic OEMs and

automotive manufacturers. The products have the core advantages of power improvement energy saving and consumption reduction

and can be used to effectively optimize the engine performance taking into account the power output and environmental protection

requirements and adapting to the power equipment requirements of different scenarios.

2. Core products of intelligent electric drive segment

This section closely follows the development trend of new energy vehicles and intelligent driving industry focuses on the R&D

and production of core parts of new energy vehicles and intelligent driving sensing systems and accurately grasps the upgrading

direction of the industry. The products mainly support new energy vehicles and related intelligent driving fields to help the

automotive industry to transform into electrification and intelligence including:

(1) Core parts of electric drive system including motor shaft end cover water jacket and other products which have the

advantages of high precision high reliability and wide adaptability and are mainly used to provide support for new energy passenger

car enterprises and electric drive system manufacturers at home and abroad to improve the power performance and endurance of new

energy vehicles.

2Weifu High-Technology Group Co. Ltd. Summary of Annual Report 2025

(2) Core parts of thermal management system including electronic fuel pump electronic water pump thermostat water cooling

plate and other products which focus on the thermal management requirements of new energy vehicles and hydrogen fuel cell stacks

and can be effectively used to control the operating temperature improve the stability and safety of new energy vehicles and

hydrogen fuel cell systems providing support for new energy passenger cars commercial vehicles and hydrogen fuel cell system

manufacturers at home and abroad.

(3) Core parts of cabin including automotive seat assembly seat frame electric long slide rail shock absorber and other

products taking into account the requirements of comfort safety and intelligence providing support for passenger car and

commercial vehicle enterprises at home and abroad. The products can be customized according to customer needs.

(4) Core parts of braking system mainly including mechanical vacuum pumps and other products which have the advantages of

high braking efficiency stability and reliability mainly provide support for mainstream passenger car and commercial vehicle

enterprises at home and abroad to meet the requirements of automotive braking system and ensure the driving safety of vehicles.

(5) Core intelligent sensing modules including 4D imaging radar front radar angle radar cabin radar road brake radar and

other products in which the technical level is at the leading level of the industry. The products are mainly used in intelligent driving

intelligent cockpit intelligent parking vehicle-road coordination and other scenarios providing accurate sensing solutions for car

companies and related technology enterprises and help the large-scale application of intelligent driving technology.

3. Core products of green hydrogen energy segment

This segment focuses on the core links of the hydrogen energy industry closely follows the development trend of the global

hydrogen energy industry and focuses on the R&D of hydrogen fuel cells and related supporting products to help the green and

low-carbon development of the new energy industry. The main products include membrane electrodes bipolar plates (graphite and

metal) catalysts BOP key parts (such as pumps such as hydrogen circulating pump valves such as bottle valves and key parts such

as air compressors) and hydrogen storage bottles forming a complete product layout from core materials to key parts mainly

providing high-quality supporting services for hydrogen fuel cell stack and system manufacturers and energy storage enterprises at

home and abroad and helping the large-scale application of hydrogen energy in transportation energy storage and other fields.

4. Core products of industry and others segment

This segment focuses on supporting the core parts in the industrial field and relies on the Company's mature R&D and

production capacity to develop the core parts of the hydraulic system improve the business layout and expand the market space. The

main products include forklift hydraulic system motor pump internal gear pump motor controller piston parts etc. The products

have high precision and high reliability to provide stable support for major domestic hydraulic enterprises and are widely used in

industrial forklifts construction machinery general machinery and other fields to upgrade industrial equipment and improve

industrial production efficiency.(II) Business model of the CompanyThe Company follows the business philosophy of “Making Excellent Products Creating Famous Brands and RealizingCommon Growth of Value” and implements the business model with unified management of the parent company and decentralized

production of subsidiaries. The parent company is responsible for formulating strategic development plans and business objectives

and implementing unified management guidance and assessment on subsidiaries in finance major personnel management core raw

materials quality control and technology research and development. The subsidiaries is responsible for arranging production in

market order management mode not only to ensure the unified quality of products but also help to understand customer needs and

save logistics costs in time maintain the timeliness of production and supply and improve the company's economic benefits.

3. Main accounting data and financial indexes

(1) Main accounting data and financial indexes for recently three years

Whether it has retroactive adjustment or re-statement on previous accounting data or not

□Yes□ No

3Weifu High-Technology Group Co. Ltd. Summary of Annual Report 2025

In RMB

Changes at end of the current

Year-end of 2025 Year-end of 2024 year compared with the end of Year-end of 2023

previous year (+-)

Total assets 29667727447.65 28404900411.22 4.45% 28081087791.81

Net assets attributable to

shareholders of listed company 19917552613.16 19840528176.64 0.39% 19399892671.78

2025 2024 Changes in the current yearover the previous year (+-) 2023

Operating income 12023879058.27 11167263155.85 7.67% 11093141950.98

Net profit attributable to

shareholders of the listed company 1068167498.05 1659533740.63 -35.63% 1837291259.68

Net profit attributable to

shareholders of the listed company

after deducting non-recurring gains 667839223.85 1579109476.17 -57.71% 1597321239.86

and losses

Net cash flows arising from

operating activities 992727022.87 1582332648.74 -37.26% 1626249911.90

Basic earnings per share

(RMB/Share) 1.10 1.71 -35.67% 1.88

Diluted earnings per share

(RMB/Share) 1.10 1.71 -35.67% 1.88

Weighted average ROE 5.39% 8.47% -3.08% 9.92%

(2) Quarterly main financial index

In RMB

Q1 Q2 Q3 Q4

Operating income 2834349666.20 2926068966.91 2738647789.90 3524812635.26

Net profit attributable to

shareholders of the listed company 354413869.98 347456438.77 450242976.47 -83945787.17

Net profit attributable to

shareholders of the listed company

after deducting non-recurring gains 318796605.21 336545849.23 435075971.06 -422579201.65

and losses

Net cash flows arising from

operating activities -197825158.15 690699436.89 456569622.93 43283121.20

Whether there are significant differences between the above-mentioned financial index or its total number and the relevant financial

index disclosed in the Company’s quarterly report and semi-annual report

□Yes □No

4. Shares and shareholders

(1) Particulars about common stock shareholders preference shareholders with voting rights recovered

and top ten shareholders

In Share

Total preference

Total common Total common stock Total preference shareholders with

stock shareholders shareholders at end of shareholders with voting rights

in the reporting 63426 last month before 59484 voting rights 0 recovered at the 0

period-end annual report recovered at the end end of last monthdisclosed of reporting period before annual

report disclosed

Top ten shareholders

4Weifu High-Technology Group Co. Ltd. Summary of Annual Report 2025

Nature of Proportion Amount of Number of

Information of shares

Name of Shareholders Shareholders of shares shares held lock-up

pledged tagged or frozen

held stocks held State of

share Amount

Wuxi Industry Development Group Co. State-owned

Ltd. corporate 22.05% 213202199 0 NA 0

ROBERT BOSCH GMBH Foreign corporate 15.44% 149241339 0 NA 0

Hong Kong Securities Clearing Company Foreign corporate 1.23% 11918839 0 NA 0

SOOCHOW Securities State-ownedcorporate 1.00% 9642095 0 Pledged 3495800

NSSF-413 Other 0.94% 9120001 0 NA 0

FIDELITY INVMT TRT FIDELITY INTL

Foreign corporate 0.93% 8972271 0 NA 0

SMALL CAP FUND

China Life Insurance Co. Ltd. - Traditional

- Ordinary Insurance Product - 005L-CT001 Other 0.69% 6688540 0 NA 0

Shanghai

Lin Chuan Domestic naturalperson 0.58% 5591000 0 NA 0

Xie Zuogang Domestic naturalperson 0.58% 5562767 0 NA 0

NSSF-107 Other 0.56% 5432900 0 NA 0

Among the aforesaid shareholders there has no associated relationship between Wuxi

Explanation on associated relationship Industry Development Croup Co. Ltd. and other shareholders the first largest

among the aforesaid shareholders shareholder of the Company; and they do not belong to the persons acting in concertregulated by the Management Measure of Information Disclosure on Change of

Shareholding for Listed Company.Explanation on shareholders involving margin business (if applicable) Nil

Participation of shareholders with a shareholding bigger than 5% the top ten shareholders and the top ten shareholders of

non-restricted tradable shares in the lending of shares through refinancing

□Applicable □ Not applicable

Changes in the top ten shareholders and the top ten shareholders of non-restricted tradable shares from the previous Period due to

lending/return through refinancing

□Applicable□ Not applicable

(2) Total preferred stock shareholders of the Company and shares held by top ten shareholders with

preferred stock held

□Applicable □ Not applicable

The Company had no shareholders with preferred stock held in the reporting.

5Weifu High-Technology Group Co. Ltd. Summary of Annual Report 2025

(3) Property right and controlling relationships between the actual controllers of the Company and the

Company is as follows

Wuxi State-owned Assets Supervision & Department of Finance of

Administration Commission of State Jiangsu province

Council

100%

Wuxi Guofa Capital Operation 58.82% 4.35%

Co. Ltd.

36.83%

Wuxi Industry Development Group Co. Ltd.

22.05%

Weifu High-Technology Group Co. Ltd..

5. Bonds in existence as of the approval date of the annual report

□Applicable □ Not applicable

(1) Basic information of bonds

Bond balance

Bond name Bondabbreviation Bond code Issue date Maturity date (ten thousand

Interest

yuan) rate

WFHT 2025 Sci-Tech Innovation

Corporate Bond (465 Modern 25WF K1 524579 2025-12-05 2028-12-08 50000 1.90%

Industrial Cluster Special)

Payment and Redemption of Corporate Bonds during Lump-sum principal payment at maturity interest payable annually on

the Reporting Period December 8.

(2) Triggering and implementation of issuer or investor option clauses and investor protection clauses

On December 2 2025 Shanghai Brilliance Credit Rating & Investor Service Co. Ltd. has issued the "Credit Rating Report of Wuxi

Weifu High-Tech Group Co. Ltd." assigned a AAA rating to the main body credit of WFHT with a stable outlook.

(3) Major accounting data and financial indicators of the Company in the recent two years as of the end of

the reporting period

Unit: Ten Thousand Yuan

Item 2025 2024 Year-on-yearincrease/decrease (+/-)

Asset-liability ratio 29.69% 27.79% 1.90%

Net profit after deducting non-recurring gains and losses 69559.69 163544.16 -57.47%

EBITDA to total debt ratio 60.01% 90.88% -30.87%

Interest coverage ratio 52.49 70.22 -25.25%

6Weifu High-Technology Group Co. Ltd. Summary of Annual Report 2025

III. Important matters

During the reporting period there was no significant change in the Company's operation. See the full text of the Company's 2025

Annual Report for details during the reporting period.Board of Directors of

Weifu High-Technology Group Co. Ltd.

17 April 2026

7