香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 因 本 公 告 全 部 或 任何部份內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：2402） 2025年度業績快報公告 本 公 告 乃 由 北 京 億 華 通 科 技 股 份 有 限 公 司（「本公司」）根 據 香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則（「上市規則」）第13.09條 及 證 券 及 期 貨 條 例（香 港 法 例 第571章） 第XIVA部 項 下 內 幕 消 息 條 文（定 義 見 上 市 規 則）而 作 出。以 下 為 本 公 司 的2025年 年度業績快報。本公告所載財務資料乃根據中國企業會計準則編製且未經審計。 一、 2025年度主要財務數據和指標 單位：人民幣萬元 | 增減變動 | （%） | 項 | 目 | 本報告期 | 上年同期 | 幅 | 度 | | | | | | | | | | | | | | | | | --- ...

Financial Performance - Total revenue for 2025 was RMB 262.13 million, a decrease of 28.51% compared to the previous year[6] - Net profit attributable to shareholders of the parent company was RMB -628.29 million, down 37.65% year-on-year[7] - Basic earnings per share decreased by 37.56% to RMB -2.71[6] - Total assets at the end of the reporting period were RMB 3,741.43 million, a decline of 21.71% from the beginning of the period[7] - Equity attributable to shareholders of the parent company decreased by 21.43% to RMB 2,012.09 million[6] - The weighted average return on net assets was -27.91%, a decrease of 11.72 percentage points year-on-year[6] Market Conditions - The decline in performance was primarily due to increased market competition and a cautious market expansion strategy, leading to a decrease in fuel cell system sales[8] - The company is in the early stages of commercialization in the hydrogen fuel cell industry, which is affecting overall profitability[8] Cash Flow and Impairment - The company faced pressure on cash flow, resulting in increased credit impairment losses and asset impairment losses compared to the previous year[9] Investor Advisory - Investors are advised to be cautious as the financial data is preliminary and unaudited, with final results to be confirmed in the official annual report[10]

Core Viewpoint - Yihuatong reported a significant decline in both revenue and net profit for the fiscal year 2025, indicating challenges in the hydrogen fuel cell industry due to increased competition and pricing pressures [1] Financial Performance - The company achieved an operating revenue of 262 million yuan, representing a year-on-year decrease of 28.51% [1] - The net profit showed a loss of 628 million yuan, which is a year-on-year decline of 37.65% [1] Industry Context - The hydrogen fuel cell industry is still in its early commercialization phase, facing intensified market competition that has led to sustained pressure on product prices [1] - Due to cash flow pressures, the company has adopted a cautious market expansion strategy, which has contributed to a decline in fuel cell system sales during the reporting period [1]

Core Viewpoint - The company reported a significant decline in revenue and net profit for 2025, indicating challenges in the hydrogen fuel cell industry due to increased competition and market pressures [1] Financial Performance - The company achieved an operating revenue of 262.13 million yuan in 2025, a year-on-year decrease of 28.51% [1] - The net profit attributable to the parent company was -628.29 million yuan, reflecting a year-on-year decline of 37.65% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was -685.88 million yuan, down 26.37% year-on-year [1] Industry Context - The hydrogen fuel cell industry is still in its early commercialization stage, facing intensified market competition that has led to sustained pressure on product prices [1] - The company has adopted a cautious market expansion strategy due to cash flow pressures, which has resulted in a decline in fuel cell system sales during the reporting period [1] - Overall profitability has been adversely affected by these market conditions and strategic decisions [1]

Core Viewpoint - The fuel cell vehicle industry is facing challenges such as slow growth, poor profitability, and accounts receivable backlog, but there is potential for long-term development supported by national hydrogen energy strategies and new application scenarios [1][2][15]. Group 1: Current Industry Status - The sales of fuel cell vehicles have shown insufficient growth momentum since 2024, with a surge in demand observed in 4Q25, yet still falling short of the 2025 targets [1][4]. - The average price of fuel cell systems has decreased by nearly 90% since 2018, creating significant challenges for profitability as the industry remains in a bottoming phase [1][6]. - Three major bottlenecks hindering the promotion of fuel cell vehicles include cost disadvantages due to subsidy reductions, slow construction of hydrogen refueling stations, and long payment cycles for subsidies leading to cash flow pressures for companies [1][10][13]. Group 2: Policy and Strategic Support - Despite short-term pressures, hydrogen energy is positioned as a key component of China's future energy system, with ongoing policy support such as highway fee exemptions and the construction of "hydrogen corridors" [2][23][22]. - The transition from nationwide purchase subsidies to a reward-based system for demonstration areas has stimulated growth in fuel cell vehicle production and sales from 2021 to 2023 [3][4]. - New cities are joining fuel cell vehicle demonstration city clusters, which is expected to accelerate industry development and increase financial support for fuel cell vehicle sales [22]. Group 3: Future Prospects and Applications - The fuel cell application market is expanding beyond transportation to include fixed power generation and energy storage, indicating a second growth curve for the industry [27][29]. - The establishment of hydrogen corridors is expected to enhance the convenience of hydrogen refueling, thereby accelerating the adoption of fuel cell vehicles in logistics and transportation [24][26]. - The National Energy Administration has initiated pilot projects in hydrogen energy, which will further clarify the potential for fuel cells in fixed power generation and energy storage applications [29][30].

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 北京億華通科技股份有限公司（「本公司」） I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 688339 | 說明 | | 於上海證券交易所科創板上市 | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 195,787,119 | RMB | | 1 RMB | | 195,787,119 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 195,787,119 | RMB | | 1 RMB | | 195,787,119 | | 2. 股份分類 | 普通股 | 股份類別 ...

Market Overview - The battery sector increased by 2.67% compared to the previous trading day, with Yihua Tong leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up 0.85%, while the Shenzhen Component Index closed at 14156.27, up 0.21% [1] Stock Performance - Yihua Tong (688339) closed at 33.36, up 10.90% with a trading volume of 154,600 shares and a transaction value of 502 million yuan [1] - Fulian Precision (300432) closed at 18.49, up 8.51% with a trading volume of 1,331,700 shares and a transaction value of 2.39 billion yuan [1] - Anfu Technology (603031) closed at 59.90, up 7.64% with a trading volume of 235,000 shares and a transaction value of 1.37 billion yuan [1] - Ningde Times (300750) closed at 365.03, up 4.92% with a trading volume of 485,300 shares and a transaction value of 17.37 billion yuan [1] Capital Flow - The battery sector saw a net inflow of 1.296 billion yuan from main funds, while retail funds experienced a net outflow of 723 million yuan [2][3] - Main funds showed significant net inflows in Ningde Times (15.75 billion yuan) and Fulian Precision (249 million yuan) [3] - Retail funds had notable outflows in Ningde Times (7.93 billion yuan) and other companies, indicating a shift in investor sentiment [3]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 北京億華通科技股份有限公司（「本公司」） 呈交日期: 2026年2月4日 因本公司是於中華人民共和國註冊成立的股份有限公司，「法定股本」之概念不適用於本公司。本公司於第一部分所填寫的信息即本公司的已發行股本。 FF301 第 2 頁 共 11 頁 v 1.2.0 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 688339 | 說明 | | 於上海證券交易所科創板上市 | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 195,787,119 | RMB | | 1 RMB | | 195,787,119 | | 增加 / 減 ...

Group 1 - The hydrogen energy sector is showing active performance, with significant stock movements in related companies [1] - Jingcheng Shares reached the daily limit increase, indicating strong investor interest [1] - Hupu Shares increased by over 9%, reflecting positive market sentiment towards hydrogen energy stocks [1] Group 2 - Other companies in the sector, including Zhiyuan New Energy, Yihua Tong, and Meijin Energy, also experienced stock price increases, suggesting a broader trend in the hydrogen energy market [1]

（在中華人民共和國註冊成立的股份有限公司） （股份代號：2402） 有關公司秘書資格之更新； 聯席公司秘書辭任、 授權代表變更及 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 委任授權代表替任人 有關公司秘書資格之更新 茲 提 述 北 京 億 華 通 科 技 股 份 有 限 公 司（「本公司」）日 期 為2022年12月29日之招股 章 程，內 容 有 關（其 中 包 括）委 任 康 智 先 生（「康先生」）及 劉 國 賢 先 生（「劉先生」）為 本 公 司 聯 席 公 司 秘 書，並 就 有 關 康 先 生 自2023年1月12日（本 公 司H股上市日期） 至2026年1月11日期間擔任聯席公司秘書之一之資格而獲香港聯合交易所有限 公 司（「聯交所」）向 本 公 司 授 出 豁 免 嚴 格 遵 守 聯 交 所 證 券 上 市 規 則（「上市規則」）第 3.28條及第8.17條之規定。 本 公 司 董 事（「董 事」）會（「董事會」）欣 然 宣 佈 ...