BOE Technology Group Co. Ltd. Annual Report 2025 (Summary)
Stock Code: 000725 200725 Stock Name: BOE-A BOE-B Announcement No. 2026-016
BOE TECHNOLOGYGROUP CO. LTD.ANNUALREPORT 2025 (SUMMARY)
Part I Important Notes
This Summary is based on the full Annual Report of BOE Technology Group Co. Ltd. (together with its consolidated subsidiaries
the “Company” except where the context otherwise requires). In order for a full understanding of the Company’s operating results
financial position and future development plans investors should carefully read the aforesaid full report which has been disclosed
together with this Summary on the media designated by the China Securities Regulatory Commission (the “CSRC”).All the Company’s directors have attended the Board meeting for the review of this Report and its summary.Independent auditor’s modified opinion:
□ Applicable□ Not applicable
Board-approved final dividend and/or bonus issue plans:
□ Applicable □ Not applicable
Bonus issue from capital reserves:
□ Yes□ No
The Board has approved a final dividend plan for the Reporting Period. Based on 37044328064 shares a cash dividend of
RMB0.56 (tax inclusive) per 10 shares is to be distributed to all the shareholders with no bonus issue from either profit or capital
reserves.Board-approved final cash and/or stock dividend plan for preference shareholders:
□ Applicable□ Not applicable
This Report and its summary have been prepared in both Chinese and English. Should there be any discrepancies or
misunderstandings between the two versions the Chinese versions shall prevail.Part II Key Corporate Information
1. Stock Profile
Stock name BOE-A BOE-B Stock code 000725 200725
Stock exchange for stock
listing Shenzhen Stock Exchange
Previous stock name (if any) N/A
Contact information Board Secretary Securities Representative
Name Guo Hong Luo Wenjie
1BOE Technology Group Co. Ltd. Annual Report 2025 (Summary)
Office Address 12 Xihuan Middle Road Beijing Economic- 12 Xihuan Middle Road Beijing Economic-Technological Development Area P.R.China Technological Development Area P.R.China
Fax 010-64366264 010-64366264
Tel. 010-60965555 010-60965555
E-mail address guohong@boe.com.cn luowenjie@boe.com.cn
2. Principal Operations or Products in the Reporting Period
(I) About the Company
In constant pursuit of excellence BOE Technology Group Co. Ltd. is an innovative IoT company dedicated to providing
intelligent interface products and professional services for information interaction and human health.With “To Be the Most Respected Company on Earth” as its vision and BOE always keeps in mind the mission of “Change Lifewith BOE Display Everywhere” upholds the core values of “Integrity & Reliability Dedication to Customers Being People-oriented Openness and Innovation” as well as adheres to the business philosophy of “Doing the Right Thing Innovation andProgress Seeking”. It has been continuously strengthening the construction of its industrial ecosystem and enhancing its value
creation capabilities. Upon decades of relentless efforts BOE has grown into a world leader in the display industry and a global
innovative company in the IoT sector. Adhering to a “market-oriented international and professional” development approach it
has built a significant number of intelligent manufacturing bases in Beijing Hefei Chengdu Chongqing Fuzhou Mianyang
Wuhan Kunming Ordos Nanjing etc. with subsidiaries across many countries and regions including the United States Germany
Japan South Korea Singapore India Brazil and the United Arab Emirates as well as a business network that covers major
regions of the world such as Europe Americas Asia and Africa. BOE aims to provide customers with better products and more
thoughtful service experience with its well-established global network and a diverse product and service system.To adapt to an IoT era BOE has put forward the development strategy of “Empower IoT with Display” in its IoT transformation.Taking into account market conditions and business characteristics BOE has put in place a business development architecture of
“1+4+N+Ecosystem” to ensure the execution and implementation of its strategies. Specifically:
“1” represents display which is the core capacity and quality resources accumulated by BOE as well as the source and origin of
the development strategy of “Empower IoT with Display”.“4” refers to IoT Innovation Sensor MLED and Smart Engineering Medicine. These are the high-potential tracks chosen by BOE
based on its core strengths and value chain extension representing the development directions of the development strategy of
“Empower IoT with Display”.“N” refers to the subdivided application scenarios of IoT that are continuously explored and cultivated by BOE as well as the
specific focus of the development strategy of “Empower IoT with Display”.“Ecosystem” is an enabling platform for the collaborative development of BOE’s innovative ecosystem and an important
guarantee for the development strategy of “Empower IoT with Display”.(II) About the Company’s principal operations
1. The Display Devices business
The Display Devices business offers integrated design and manufacturing services for devices and is committed to providing
interface devices applying TFT-LCD AMOLED and other technologies focusing on providing customers with high-quality display
devices for smartphones tablet PCs laptops monitors TVs vehicles etc.
2. The IoT Innovation business
The IoT Innovation business offers integrated design and manufacturing services for system solutions and provides customers with
competitive smart terminal products for tablets laptops monitors TVs low-power devices IoT 3D display etc. By integrating AI
and big data capabilities BOE provides innovative IoT products and services that combine software and hardware.
2BOE Technology Group Co. Ltd. Annual Report 2025 (Summary)
3. The Sensor business
The Sensor business offers integrated design and manufacturing solutions focuses on FPXD smart display windows industrial
sensors MEMS and glass packaging substrates and provides customers with products and services including back plates for flat
panel X-ray detectors (FPXD) intelligent PDLC windows and PDLC system solutions consumer electronics and industrial
application solutions and advanced packaging substrates among others.
4. The MLED business
The MLED business provides LED solutions with integrated R&D manufacturing and marketing services. Focused on devices and
solutions this business renders LED backlight products with high quality and reliability for TVs monitors notebooks vehicles etc.as well as Mini/Micro-LED display products with high brightness high reliability and high contrast for segment markets of outdoor
commercial transparent specialized and other displays.
5. The Smart Engineering Medicine business
The Smart Engineering Medicine business adopts a professional service model to provide products services and solutions in relation
to medical care smart nursing medical-engineering integration etc. Meanwhile this business is committed to providing a closed
loop of through-life health services with health management as the core medical terminals as the traction and digital hospitals and
recreational communities as the support. It connects testing equipment healthcare workers and customers through the smart health
management ecosystem where customers enjoy professional health services including prevention treatment therapy and nursing.
6. The “N” business
With a specific focus on the "N" business the Company provides hardware and software integrated system solutions for different
segments including intelligent car networking smart energy industrial IoT UHD display etc. which can provide customers with
multi-functional and smart new experience under IoT scenarios.In terms of intelligent car networking BOE focuses on the intelligent cockpit "HERO" innovative application scenarios joins
hands with global partners to provide new experience of intelligent cockpit scenarios and promotes the continuous upgrading of
full-scenario intelligent solutions representing a new leading ecosystem of innovative and intelligent travel.In terms of the smart energy business BOE focuses on zero-carbon integrated energy services. With BES as the empowering
platform it revolves around various aspects of "source-grid-load-storage-carbon." It offers a zero-carbon implementation path of
"source decarbonization process decarbonization end negative carbon and intelligent carbon management" providing customers
with comprehensive energy services and utilization and zero-carbon solutions.In terms of the industrial IoT business BOE is committed to providing industrial software intelligent manufacturing solutions for
the pan-semiconductor industry. Leveraging over three decades of industry experience BOE offers pan-semiconductor industrial
software industrial AI smart factory services and other products and services continuously driving high-quality development
across the industry.The UHD display business adheres to the "UHD × digitalization" strategy continuously promoting the wide application of UHD
technology in fields such as smart government and enterprise services finance transportation industrial parks and visual arts. It is
committed to embedding UHD into more scenarios providing a better experience achieving higher efficiency and creating more
value. It has independently designed and built the world's first 8K+5G+22.2 UHD 3D sound broadcasting vehicle representing a
pioneering breakthrough in the domestic 8K UHD complete production and broadcasting system.
3. Key Financial Information
(1) Key Financial Information of the Past Three Years
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
3BOE Technology Group Co. Ltd. Annual Report 2025 (Summary)
□ Yes□ No
Unit: RMB
Change of
31
December
Item 31 December 2025 31 December 2024 31 December 2023
2025 on 31
December
2024(%)
Total assets 436378322803.00 429978221541.00 1.49% 419187099795.00
Equity attributable to the listed
134478628806.00132937555308.001.16%129428307067.00
company’s shareholders
2025-on-
Item 2025 2024 2024 change 2023
(%)
Operating revenue 204590222888.00 198380605661.00 3.13% 174543445895.00
Net profit attributable to the
5856966754.005323248974.0010.03%2547435360.00
listed company’s shareholders
Net profit attributable to the
listed company’s shareholders
4230339525.003837124867.0010.25%-632561344.00
before exceptional gains and
losses
Net cash generated from/used in 48824555674.00 47737577379.00 2.28% 38301826884.00
operating activities
Basic earnings per share
0.160.1414.29%0.06
(RMB/share)
Diluted earnings per share
0.160.1414.29%0.06
(RMB/share)
Weighted average return on
4.39%4.05%0.34%1.89%
equity (%)
(2) Key Financial Information by Quarter
Unit: RMB
Item Q1 Q2 Q3 Q4
Operating revenue 50598933939.00 50679248196.00 53269817390.00 50042223363.00
Net profit attributable to the
1613999380.001632886399.001354611315.001255469660.00
listed company’s shareholders
Net profit attributable to the
listed company’s shareholders
1351864713.00930371818.00896919685.001051183309.00
before exceptional gains and
losses
Net cash generated from/used in
13743795736.008992511350.0014038311177.0012049937411.00
operating activities
Indicate by tick mark whether any of the quarterly financial data in the table above or their summations differs materially from
what have been disclosed in the Company’s quarterly or interim reports.□ Yes□ No
4BOE Technology Group Co. Ltd. Annual Report 2025 (Summary)
4. Share Capital and Shareholder Information at the Period-End
(1) Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed Voting Rights as well
as Holdings of Top 10 Shareholders
Unit: share
Number of ordinary
Number of ordinary
995792 (including 966309 A-shareholders and shareholders at the 981480 (including 952576 A-shareholders
shareholders at the
29483 B-shareholders) month-end prior to the and 28904 B-shareholders)
period-end
disclosure of this Report
Top 10 shareholders (exclusive of shares lent in refinancing)
Sharehold Shares in pledge marked
Total shares
Nature of ing Restricted or frozen
Name of shareholder held at the
shareholder percentag shares held
period-end
e Status Shares
Beijing State-owned Capital Operation and State-owned legal
10.86% 4063333333 0 N/A 0
Management Company Limited person
Foreign legal
Hong Kong Securities Clearing Company Ltd. 7.38% 2760058253 0 N/A 0
person
Beijing BOE Investment & Development Co. State-owned legal
2.20% 822092180 0 N/A 0
Ltd. person
Beijing Jing Guorui Soe Reform and
Other 1.92% 718132854 0 N/A 0
Development Fund (L.P.)
Industrial and Commercial Bank of China Co.Ltd.- Huatai-Pinebridge CSI 300 Exchange- Other 1.62% 605300047 0 N/A 0
Traded Fund
Domestic non-
Fuqing Huirong Venture Capital Co. Ltd. state-owned legal 1.44% 538599640 0 In pledge 21000000
person
China Construction Bank Co. Ltd.- E Fund
Other 1.16% 432588523 0 N/A 0
CSI 300 Initiating Exchange-Traded Fund
Perseverance Asset Management- Perseverance
Other 0.94% 352000000 0 N/A 0
Xiaofeng No.2 Zhixin Fund
Industrial and Commercial Bank of China Co.Other 0.88% 330121300 0 N/A 0
Ltd.- China CSI 300 Exchange-Traded Fund
China Foreign Economy and Trade Trust Co.Ltd.-FOTIC-Perseverance Xiaofeng Hongyuan Other 0.86% 320988907 0 N/A 0
Collective Funds Trust Plan
1. Beijing State-owned Capital Operation and Management Company Limited indirectly held 100%
equities of Beijing Jingguorui Investment Management Co. Ltd. and directly held 77.5918% shares
of Beijing Jing Guorui Soe Reform and Development Fund (L.P.); Beijing Jingguorui Investment
Management Co. Ltd. is the general partner of Beijing Jing Guorui Soe Reform and Development
Related or acting-in-concert parties among
Fund (L.P.). In addition among the nine members of the Investment Decision-Making Committee of
the shareholders above
Beijing Jing Guorui Soe Reform and Development Fund (L.P.) three are nominated by Beijing
State-owned Capital Operation and Management Company Limited.
2. Except for the above relationships the Company does not know any other connected party or
acting-in-concert party among the top 10 shareholders.Shareholders involved in securities margin
N/A
trading (if any)
Note: The total number of ordinary shareholders at the month-end prior to the disclosure of this Report is the total number of
ordinary shareholders of the Company as at 20 March 2026.
5BOE Technology Group Co. Ltd. Annual Report 2025 (Summary)
5% or greater shareholders top 10 shareholders and Top 10 unrestricted shareholders involved in refinancing shares lending
□ Applicable□ Not applicable
Changes in top 10 shareholders and top 10 unrestricted shareholders due to refinancing shares lending/return compared with the prior
period
□Applicable□ Not applicable
(2) Number of Preferred Shareholders and Shareholdings of Top 10 of Them
□ Applicable□ Not applicable
No preferred shareholders in the Reporting Period.
(3) Ownership and Control Relations between the Actual Controller and the Company
Notes: 1. After the non-public issuing of the Company in 2014 Beijing State-owned Capital Operation and Management Company
Limited handed over 70% of the shares directly held by it to Beijing Electronics Holdings Co. Ltd. for management through Stock
Management Protocol and Beijing Electronics Holdings Co. Ltd. gained the incidental shareholders’ rights except for disposing
right and usufruct of the shares of which the rest 30% voting right maintained unanimous with Beijing Electronics Holdings Co.Ltd. through the agreement according to Implementation Protocol of Voting Right.
2. During the non-public issuing of the Company in 2021 Beijing Jing Guorui Soe Reform and Development Fund (L.P.) signed
the Acting-in-Concert Agreement with Beijing Electronics Holdings Co. Ltd.
5. Outstanding Bonds at the Date when this Report Was Authorized for Issue
□Applicable □ Not applicable
(1) Bond Profile
Balance
Coupon
Bond name Abbr. Bond code Date of issue Maturity (RMB’000
rate
0)
The Public Offering of BOE 25BOEK1 524305.SZ 13 June 2025 13 June 2030 200000 1.94%
6BOE Technology Group Co. Ltd. Annual Report 2025 (Summary)
Technology Group Co. Ltd. of
Technological Innovation
Corporate Bonds (First Tranche) in
2025 to Professional Investors
The Public Offering of BOE
Technology Group Co. Ltd. of
Technological Innovation 25BOEK2 524510.SZ 6 November 2025 6 November 2030 100000 1.95%
Corporate Bonds (Second Tranche)
in 2025 to Professional Investors
The Public Offering of BOE
Technology Group Co. Ltd. of
Technological Innovation 25BOEK3 524530.SZ 14 November 2025 14 November 2030 100000 1.95%
Corporate Bonds (Third Tranche)
in 2025 to Professional Investors
The Public Offering of BOE
Technology Group Co. Ltd. of
Technological Innovation 26BOEK1 524641.SZ 23 January 2026 23 January 2031 100000 2.06%
Corporate Bonds (First Tranche) in
2026 to Professional Investors
The Public Offering of BOE
Technology Group Co. Ltd. of
Technological Innovation 26BOEK2 524715.SZ 19 March 2026 19 March 2031 100000 1.97%
Corporate Bonds (Second Tranche)
in 2026 to Professional Investors
25 BOE
The 2025 First Tranche of
Group
Medium-Term Notes
MTN001
(Technological Innovation Notes) 102581768 23 April 2025 24 April 2035 200000 2.23%
(Technologica
of BOE Technology Group Co.l Innovation
Ltd.Notes)
25 BOE
Group
The 2025 Second Tranche of
MTN002
Technological Innovation Bonds of 102582067 13 May 2025 14 May 2035 100000 2.23%
(Technologica
BOE Technology Group Co. Ltd.l Innovation
Bonds)
25 BOE
Group
The 2025 Third Tranche of
MTN003
Technological Innovation Bonds of 102582615 24 June 2025 25 June 2028 100000 1.77%
(Technologica
BOE Technology Group Co. Ltd.l Innovation
Bonds)
25 BOE
Group
The 2025 Fourth Tranche of
MTN004
Technological Innovation Bonds of 102582852 10 July 2025 11 July 2030 100000 1.70%
(Technologica
BOE Technology Group Co. Ltd.l Innovation
Bonds)
25 BOE
Group
The 2025 Fifth Tranche of
MTN005
Technological Innovation Bonds of 102583095 24 July 2025 25 July 2028 100000 1.70%
(Technologica
BOE Technology Group Co. Ltd.l Innovation
Bonds)
The 2025 Sixth Tranche of 25 BOE
Technological Innovation Bonds of Group 102583387 8 August 2025 11 August 2028 100000 1.79%
BOE Technology Group Co. Ltd. MTN006
7BOE Technology Group Co. Ltd. Annual Report 2025 (Summary)
(Technologica
l Innovation
Bonds)
Bond redemption and interest payment during the
Not involved
Reporting Period
(2) Latest Rating and Rating Change
On 27 June 2025 China Lianhe Credit Rating Co. Ltd. issued the Follow-up Rating Report 2025 for BOE Technology Group Co.Ltd. (Lianhe [2025] No. 4433). According to the Report the issuer was granted with a corporate long-term credit rating of AAA
with a “Stable” outlook.
(3) Selected Financial Information of the Company for the Past Two Years
Unit: RMB'0000
Item 2025 2024 Change
Debt/asset ratio 52.46% 52.43% 0.03%
Net profit before exceptional
42303438371210.25%
gains and losses
EBITDA/debt ratio 33.97% 32.25% 1.72%
Interest cover (times) 3.01 2.17 38.71%
Part III Significant Events
1. The Company disclosed the Announcement on Not Exercising the Issuer’s Renewal Option for the 2022 Public Offering of
Renewable Corporate Bonds of BOE (for professional investors) (Digital Economy) (Phase I) (Announcement No. 2025-008) on
11 February 2025 and the third anniversary of 22BOEY1 fell on 25 March 2025. According to the relevant provisions of the
Prospectus and the Listing Declaration the Company decides not to exercise the renewal option of bond issuer. That is the current
bonds were to be fully redeemed. As the Company disclosed the Announcement on the Redemption of the Principal and Interest of
the "22BOEY1" Corporate Bonds and the De-listing of the Bonds (Announcement No. 2025-010) on 21 March 2025 it would pay
the interest of the bonds generated between 25 March 2024 and 24 March 2025 as well as the principal of the bonds on 25 March
2025 and de-list the bonds.
2. The Company disclosed the Announcement on the Public Offering of Corporate Bonds to Professional Investors Obtaining
Registration Approval from the CSRC (Announcement No. 2024-052) on 9 October 2024. The Company received the CSRC
Permit [2024] No. 1330 which agreed to the Company's public offering of corporate bonds with an aggregate nominal value of no
more than RMB10 billion to professional investors.Bond name Abbr. Bond code Date of issue Maturity
The Public Offering of BOE Technology Group Co.
12 June 2025 to 13
Ltd. of Technological Innovation Corporate Bonds 25BOEK1 524305.SZ 13 June 2030
June 2025
(First Tranche) in 2025 to Professional Investors
The Public Offering of BOE Technology Group Co.
5 November 2025 to 6
Ltd. of Technological Innovation Corporate Bonds 25BOEK2 524510.SZ 6 November 2030
November 2025
(Second Tranche) in 2025 to Professional Investors
The Public Offering of BOE Technology Group Co.
13 November 2025 to
Ltd. of Technological Innovation Corporate Bonds 25BOEK3 524530.SZ 14 November 2030
14 November 2025
(Third Tranche) in 2025 to Professional Investors
The Public Offering of BOE Technology Group Co. 22 January 2026 to 23
26BOEK1 524641.SZ 23 January 2031
Ltd. of Technological Innovation Corporate Bonds January 2026
8BOE Technology Group Co. Ltd. Annual Report 2025 (Summary)
(First Tranche) in 2026 to Professional Investors
The Public Offering of BOE Technology Group Co. 18 March 2026 to 19
Ltd. of Technological Innovation Corporate Bonds 26BOEK2 524715.SZ 19 March 2031March 2026
(Second Tranche) in 2026 to Professional Investors
3. The Company disclosed the Announcement on Resolutions of the 1st Extraordinary General Meeting in 2025 (Announcement
No. 2025-002) Announcement on Resolutions of the 1st Meeting of the 11th Board of Directors (Announcement No. 2025-005)
and Announcement on Resolutions of the 1st Meeting of the 11th Supervisory Committee (Announcement No. 2025-006) on 15
January 2025 which reviewed and approved proposals related to general election and completed the general election. For more
details please refer to relevant announcements. The Company disclosed the Announcement on Resignation of Senior Management
(Announcement No. 2025-057) on 10 July 2025 due to job transfer Mr. Guo Huaping applied for resignation as Senior Vice
President and Chief Cultural Officer and will not hold any position in the Company or any of its majority-owned subsidiaries after
his resignation. On 23 September 2025 the Company disclosed the Announcement on the Election of an Employee
Director (Announcement No. 2025-071). On 22 September 2025 the Company’s trade union convened the Company’s Workers
Congress which elected Mr. Li Yang as an employee director of the 11th Board of Directors. On 11 October 2025 the Company
disclosed the Announcement on the Resignation of a Director (Announcement No. 2025-074). For personal reasons Mr. Gao
Wenbao applied to resign from his positions as a Director Vice Chairman and member of the special committees of the Board of
Directors. Following his resignation he no longer holds any position in the Company or its majority-owned subsidiaries. On 31
October 2025 the Company disclosed the Announcement on the Election of the Vice Chairman of the 11th Board of
Directors (Announcement No. 2025-078). The Board of Directors elected Mr. Wang Xiping as Vice Chairman of the 11th Board
of Directors with the term of office commencing from the date of election at the Board meeting and ending on the date of expiry
of the term of the current session of the Board. On 31 October 2025 the Company disclosed the Announcement on the Election of
the Non-Independent Director of the 11th Board of Directors (Announcement No. 2025-077) and on 18 November 2025
the Announcement on the Resolutions of the Third Extraordinary General Meeting of Shareholders in 2025 (Announcement No.
2025-089) announcing the election of Ms. Feng Liqiong as a non-independent director of the 11th Board of Directors.
4. The 4th Meeting of the 11th Board of Directors and the 2024 Annual General Meeting of Shareholders of the Company
reviewed and approved the Proposal on Changing the Use of Repurchased Shares and Canceling Them and on 22 April 2025 the
Company disclosed the Announcement on Changing the Use of Repurchased Shares and Canceling Them (Announcement No.
2025-030). The Company intended to change the use of 228882900 shares held in the special repurchase securities account from
“to be used for the implementation of the Company’s equity incentive plan” to “to be canceled with a corresponding reduction inthe Company’s registered capital” and would proceed with the relevant cancellation procedures in accordance with the applicable
regulations. On 3 June 2025 the Company disclosed the Announcement on the Completion of the Cancellation of Repurchased
Shares and the Resulting Change in Share Capital (Announcement No. 2025-041). On 29 May 2025 the Company completed the
cancellation of 228882900 treasury shares with the China Securities Depository and Clearing Corporation Limited Shenzhen
Branch. Following the approval of the Proposal on the Repurchase of Some Public Shares at the Fourth Meeting of the 11th Board
of Directors and the 2024 Annual General Meeting of Shareholders the Company disclosed the Announcement on the Repurchase
of Some Public Shares (Announcement No. 2025-029) on 22 April 2025 and the Report on the Repurchase of Some Public Shares
(Announcement No. 2025-045) on 10 June 2025. On 6 June 2025 the Company disclosed the Voluntary Information Disclosure
Announcement on Receiving a Letter of Loan Commitment and Obtaining Financing Support for Share
Repurchase (Announcement No. 2025-044). The Company received a Letter of Loan Commitment issued by Beijing Branch of
China Construction Bank Corporation committing to provide the Company with a special loan of RMB1.8 billion for share
repurchase. The Company carried out the first repurchase on 30 June 2025 and disclosed the Announcement on the First
Repurchase of Some Public Shares & Share Repurchase Progress (Announcement No. 2025-055) on 1 July 2025. On 6 January
2026 the Company disclosed the Announcement on the Completion of the Implementation of the Share Repurchase Program and
the Result of the Repurchase (Announcement No. 2026-001). The share repurchase was actually carried out during the period from
30 June 2025 to 31 December 2025. As at 31 December 2025 the Company has implemented the repurchase of the Company's
9BOE Technology Group Co. Ltd. Annual Report 2025 (Summary)
shares by means of centralized bidding through a special securities account for the repurchase and the cumulative number of A
Shares repurchased was 369552400 accounting for approximately 1.0064% of the Company's A Shares and 0.9877% of the
Company's total share capital with the highest transaction price of RMB4.26 per share and the lowest transaction price of
RMB3.83 per share. The total amount paid was RMB1500060240.57 (exclusive of transaction costs). The above repurchase of
the Company was in line with the requirements of relevant laws and regulations as well as the established repurchase program of
the Company. On 12 January 2026 the Company disclosed the Announcement on the Completion of the Cancellation of
Repurchased Shares and the Resulting Change in Share Capital (Announcement No. 2026-003). On 8 January 2026 the Company
completed the cancellation of 369552400 repurchased shares with the China Securities Depository and Clearing Corporation
Limited Shenzhen Branch.
5. On 19 June 2025 the Company disclosed the Announcement on the Distribution of the 2024 Final Dividend (Announcement
No. 2025-053). As the 2024 Final Dividend Plan had been approved at the 2024 Annual General Meeting of Shareholders on 23
May 2025 the Company distributed a 2024 final dividend of RMB0.5 per 10 shares (dividend to B-shareholders paid in HKD
according to the central parity rate of RMB and HKD declared by the People’s Bank of China on the first working day
immediately after the date of the relevant general meeting resolution) with no bonus issue from either profit or capital reserves.Overview of significant event Disclosure date Disclosure website
Announcement on the Voluntary Disclosure of the Proposed Acquisition of Partial
Equity Interest in Xianyang CHOT Optoelectronics Technology Co. Ltd. 18 June 2025 www.cninfo.com.cn
Chairman of the Board (signature): Mr. Chen Yanshun
Date of the Board’s approval of this Report: 30 March 2026
10
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