珠海冠宇电池股份有限公司2025 年年度报告 公司代码：688772 公司简称：珠海冠宇 转债代码：118024 转债简称：冠宇转债 珠海冠宇电池股份有限公司 2025 年年度报告 1 / 261 珠海冠宇电池股份有限公司2025 年年度报告 重要提示 一、本公司董事会及董事、高级管理人员保证年度报告内容的真实性、准确性、完整性，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、公司上市时未盈利且尚未实现盈利 □是 √否 三、重大风险提示 公司已在本报告"第三节 管理层讨论与分析"之"四、风险因素"中详细披露了可能面对的 风险，提请投资者注意查阅。 四、公司全体董事出席董事会会议。 五、致同会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 六、公司负责人徐延铭、主管会计工作负责人刘宗坤及会计机构负责人（会计主管人员）韦金花 声明：保证年度报告中财务报告的真实、准确、完整。 七、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 经致同会计师事务所（特殊普通合伙）审计，截至 2025 年 12 月 31 日，公司母公司报表中期 末未分配利润为人民币 1,782, ...

Financial Performance - The company's operating revenue for 2025 reached ¥183.99 billion, an increase of 8.49% compared to ¥169.60 billion in 2024[19] - The total profit for 2025 was ¥9.53 billion, reflecting a growth of 14.65% from ¥8.31 billion in the previous year[19] - The net profit attributable to shareholders was ¥7.21 billion, up by 7.51% from ¥6.70 billion in 2024[19] - The net cash flow from operating activities was ¥9.52 billion, representing a 15.72% increase compared to ¥8.23 billion in 2024[19] - The total assets of the company at the end of 2025 amounted to ¥199.19 billion, a 7.34% increase from ¥185.57 billion in 2024[19] - The net assets attributable to shareholders reached ¥67.14 billion, an increase of 8.17% from ¥62.07 billion in 2024[19] - The basic earnings per share for 2025 was ¥2.286, which is a 7.53% increase from ¥2.126 in 2024[20] - The weighted average return on equity was 11.16%, a slight decrease of 0.03 percentage points from 11.19% in 2024[20] Cash Dividends - The company plans to distribute a cash dividend of ¥10.00 per 10 shares, totaling approximately ¥3.15 billion based on the total share capital of 3,152,723,984 shares[4] - The cash dividend for the fiscal year 2024 is set at 8.00 RMB per 10 shares, totaling 2,522,179,187.20 RMB, which accounts for 37.70% of the net profit attributable to shareholders[118] - The company has distributed a total of 30.83 billion yuan in cash dividends to shareholders from 2009 to 2023, with a planned cash dividend of 2.522 billion yuan for 2024, representing 37.70% of the net profit attributable to shareholders[94] Market and Business Strategy - The company is focusing on the transformation and upgrading of core businesses to enhance operational resilience amid intense market competition[33] - The company is actively expanding its international market presence, particularly in automotive interior and lightweight aluminum products[30] - The company has established long-term partnerships with major domestic automakers, including SAIC Volkswagen, BYD, and Tesla Shanghai, covering a wide range of customer resources[34] - The company is focusing on the development of smart chassis and smart power platforms, aiming to strengthen its competitive edge in the automotive industry[39] - The company is committed to expanding its overseas market presence and becoming a leading global automotive parts system supplier[87] - The company emphasizes the importance of aligning with international market strategies and enhancing supply capabilities to compete in a globalized automotive parts market[86] Research and Development - The total R&D expenditure for the period was ¥6,509,296,485.31, representing 3.54% of total operating revenue[58] - The company employed 11,326 R&D personnel, which is 20.74% of the total workforce[59] - The company applied for 1,273 patents in 2025, including 424 invention patents, and held a total of 10,748 valid patents by the end of the year[60] - Research and development expenses rose to approximately ¥6.51 billion, marking a 4.47% increase year-over-year[47] - The company is committed to continuous innovation in key areas such as smart cockpits, intelligent chassis, and power batteries, with a focus on accelerating the iteration and mass production of new technologies[88] Operational Efficiency - The company is focusing on cost reduction and efficiency improvement through lean management and supply chain optimization[44] - The company has implemented an orderly exit from non-core or less competitive businesses, optimizing operations to improve efficiency[43] - The company achieved a significant reduction in financial expenses, decreasing by 33.30% to approximately ¥300 million due to increased foreign exchange gains[47] - The company plans to implement cost control measures and efficiency improvements across the entire value chain, aiming to upgrade cost management from "savings-oriented" to "control and innovation-oriented"[89] Risk Management - The company is enhancing its risk management framework to improve resilience against complex external environments[45] - The company has established a financial derivatives management system to control risks associated with financial derivatives trading[80] - The company plans to strengthen its risk management practices, including accounts receivable management, to mitigate potential risks from customer defaults[80] - The company has established a market dynamic monitoring and risk warning mechanism to address risks from rising raw material prices and supply chain fluctuations[89] Governance and Compliance - The company has established a governance structure that complies with the latest regulations, including the abolition of the supervisory board effective June 27, 2025[100] - The company has formed a governance structure characterized by clear responsibilities, effective checks and balances, and coordinated operations[100] - The company has not experienced any insider information leaks during the reporting period, ensuring compliance with information disclosure regulations[101] - The company’s board of directors approved multiple fundamental management systems, including the audit committee and strategic committee work rules[100] Subsidiaries and Joint Ventures - The company operates numerous subsidiaries across various sectors, including automotive sales, financial services, and technology development[139] - Significant joint ventures include MG Motor India and SAIC Motor UK Technical Centre Ltd, indicating a strong international presence[139] - The company has established multiple subsidiaries focused on new energy vehicles and battery systems, reflecting a commitment to innovation in the automotive sector[140] - The extensive list of subsidiaries and joint ventures highlights the company's strategic approach to leveraging partnerships for market expansion and innovation[138] Future Outlook - The company aims to achieve consolidated revenue of 185 billion yuan in 2026, with a target to control operating costs within 162 billion yuan[88] - Future outlook indicates a projected revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion strategies[143] - The company plans to increase production capacity by 25% in response to rising demand for electric vehicles[142] - The company aims to achieve a 30% reduction in carbon emissions by 2025 as part of its sustainability strategy[141]

超颖电子电路股份有限公司2025 年年度报告 公司代码：603175 公司简称：超颖电子 超颖电子电路股份有限公司 2025 年年度报告 1 / 210 超颖电子电路股份有限公司2025 年年度报告 重要提示 一、本公司董事会及董事、高级管理人员保证年度报告内容的真实性、准确性、完整性，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、公司全体董事出席董事会会议。 三、华兴会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、公司负责人黄铭宏、主管会计工作负责人邱垂明及会计机构负责人（会计主管人员）邱垂明 声明：保证年度报告中财务报告的真实、准确、完整。 五、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司2025年度利润分配方案为：以公司2025年度权益分派实施时的股权登记日登记的总股本 为基数，向全体股东每10股派发现金红利人民币1.60元（含税），不送红股，不以资本公积金转 增股本，剩余未分配利润结转下一年度。上述利润分配方案尚需提交公司2025年年度股东会审议 。 截至报告期末，母公司存在未弥补亏损的相关情况及其对公司分红等事项的影响 □适用 ...

江苏中超控股股份有限公司 2025 年年度报告全文 江苏中超控股股份有限公司 2025 年年度报告 2026 年 3 月 1 江苏中超控股股份有限公司 2025 年年度报告全文 2025 年年度报告 第一节 重要提示、目录和释义 公司董事会及董事、高级管理人员保证年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责 任。 公司负责人刘广忠、主管会计工作负责人李川冰及会计机构负责人（会 计主管人员）王艳声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告涉及的未来计划等前瞻性陈述，不构成公司对投资者的实质承诺， 投资者及相关人士均应当对此保持足够的风险认识，并且应当理解计划、预 测与承诺之间的差异，敬请投资者注意投资风险。 公司在本报告第三节"管理层讨论与分析"之"十一、公司未来发展的展望" 中详细描述了公司经营中可能存在的风险，敬请投资者关注相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介和主要财 ...

安徽鑫科新材料股份有限公司2025 年年度报告 一、本公司董事会及董事、高级管理人员保证年度报告内容的真实性、准确性、完整性，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、公司全体董事出席董事会会议。 三、 政旦志远（深圳）会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计 报告。 四、公司负责人宋志刚、主管会计工作负责人席丽娟及会计机构负责人（会计主管人员）龚迎兵 声明：保证年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司于2026年3月30日召开十届五次董事会审议通过了《2025年度利润分配预案》，截至2025 年12月31日，母公司报表口径累计未分配利润为负值，公司2025年度拟不进行利润分配，也不进 行资本公积金转增资本。 公司代码：600255 公司简称：鑫科材料 安徽鑫科新材料股份有限公司 2025 年年度报告 1/227 安徽鑫科新材料股份有限公司2025 年年度报告 重要提示 截至报告期末，母公司存在未弥补亏损的相关情况及其对公司分红等事项的影响 √适用 □不适用 截至报告期末，母公司报表口径累 ...

Financial Performance - The company's operating revenue for 2025 reached ¥36,260,458,326, representing a 5.24% increase from ¥34,456,420,181 in 2024[23] - The total profit for 2025 was ¥1,116,024,014, which is a 19.05% increase compared to ¥937,429,252 in 2024[23] - The net profit attributable to shareholders for 2025 was ¥731,841,793, marking a 37.17% increase from ¥533,524,077 in 2024[23] - The net cash flow from operating activities for 2025 was ¥6,249,304,381, up 18.45% from ¥5,275,878,878 in 2024[23] - The basic earnings per share for 2025 increased to ¥0.14, a 40.00% rise from ¥0.10 in 2024[24] - The weighted average return on equity for 2025 was 4.69%, an increase of 1.30 percentage points from 3.39% in 2024[24] - The net profit after deducting non-recurring gains and losses for 2025 was ¥498,939,242, a significant increase of 136.35% from ¥211,097,452 in 2024[23] Cash Dividends - The company plans to distribute a cash dividend of ¥0.055 per share, totaling approximately ¥289,110,895.65 based on the adjusted total share capital[6] - The cash dividend amount for the 2024 fiscal year was RMB 394.35 million, representing 53.88% of the net profit attributable to ordinary shareholders[134] - The total cash dividend amount, including share buybacks, was RMB 423.35 million, accounting for 57.85% of the net profit attributable to ordinary shareholders[134] - The proposed cash dividend for the 2025 fiscal year is RMB 0.055 per share, with a total distribution amounting to approximately RMB 289.11 million based on the adjusted total share count[130] Business Segments and Contracts - The port machinery business signed new contracts worth $4.6 billion for the year, representing a year-on-year growth of 14.97%[37] - The offshore engineering business secured new contracts worth $1.174 billion, marking a significant expansion into the European wind power maintenance vessel market[37] - The steel structure business achieved new contracts worth $345 million, including key projects like the Lion's Gate Tunnel and Qianjiang Third Bridge[38] - The company is focusing on the "3+1" core business areas: port machinery, offshore engineering, steel structures, and smart ports, with new product launches including the 3E Ultra large quay crane[51] International Presence and Market Strategy - The company has entered 111 countries and regions globally, enhancing its international presence and market reach[36] - The company is focusing on high-end, intelligent, green, and international development to enhance its core competitiveness in smart ports[36] - The company anticipates a strong demand for port equipment upgrades and renovations in the next five to ten years due to the aging global port equipment[43] Research and Development - The company’s total R&D investment for the period was CNY 1,515,374,795, accounting for 4.18% of total revenue[69] - The number of R&D personnel is 1,890, representing 23.82% of the total workforce[70] - Research and development expenses increased by 0.86% to CNY 1.52 billion, driven by higher spending on capitalized R&D projects[56] Environmental and Social Responsibility - In 2025, the company generated 34.47 million kWh of self-consumed solar power, reducing CO2 emissions by 18,500 tons[145] - The company invested a total of 84.96 million yuan in social responsibility projects, benefiting approximately 12,000 individuals[148] - A total of 374.3 million yuan was invested in poverty alleviation and rural revitalization projects, including direct financial support and material donations[149] - The company organized eight environmental training sessions, totaling 114 hours, to enhance the capabilities of environmental management personnel[144] Corporate Governance and Management - The total pre-tax compensation for the board members and senior management during the reporting period amounted to 1,473.60 million CNY[103] - The company has established a performance-based compensation system that aligns employee incentives with departmental performance and market standards[125] - The company has effectively implemented its compensation management policies, ensuring compliance and performance evaluation[111] Market Risks and Challenges - The company is facing increased competition and cost pressures in the market, impacting profitability[80] - The company faces market risks due to macroeconomic conditions and geopolitical issues, which may impact global trade and investment[97] Future Outlook and Strategic Initiatives - The company is committed to five major transformations, including shifting from selling products to selling systems and services, and focusing on both domestic and international markets[94] - The company aims to become a world-class equipment manufacturing enterprise with a focus on product excellence, brand prestige, innovation leadership, and modern governance[93] - The company is enhancing its supply chain management to improve resilience and security, particularly in critical systems like electric control and cable drums[97]

Financial Performance - The company's operating revenue for 2025 was CNY 30,968,875,947.12, a decrease of 9.52% compared to CNY 34,226,018,627.13 in 2024[19] - The total profit for 2025 was CNY 4,262,359,187.20, reflecting a decline of 15.00% from CNY 5,014,641,894.13 in the previous year[19] - The net profit attributable to shareholders for 2025 was CNY 3,315,494,470.04, down 15.04% from CNY 3,902,593,305.73 in 2024[19] - The net cash flow from operating activities for 2025 was CNY 4,197,555,233.55, a decrease of 15.51% compared to CNY 4,968,115,816.50 in 2024[19] - Basic earnings per share for 2025 were CNY 1.563, down 15.10% from CNY 1.841 in 2024[20] - The weighted average return on net assets for 2025 was 10.32%, a decrease of 2.73 percentage points from 13.05% in 2024[20] Revenue and Costs - Operating revenue decreased by 9.52% year-on-year to CNY 30.97 billion, primarily due to intensified supply-demand imbalances and declining product prices[42] - Operating costs fell by 10.01% year-on-year to CNY 25.04 billion, mainly driven by lower coal procurement prices[43] - Revenue from sales contracts decreased by 9.45% year-on-year, totaling RMB 30.60 billion[108] - The company received government subsidies amounting to 25.019 million RMB, down from 34.523 million RMB in the previous year[1] Assets and Liabilities - The total assets at the end of 2025 amounted to CNY 49,177,377,189.73, an increase of 5.40% from CNY 46,657,911,907.48 in 2024[19] - The net assets attributable to shareholders increased to CNY 33,080,175,389.35, a growth of 6.65% from CNY 31,018,229,487.11 in 2024[19] - Cash and cash equivalents increased by 49.18% to ¥2,085,324,814.91 compared to the previous period[61] - Accounts receivable decreased by 63.24% to ¥30,783,467.40, primarily due to a reduction in domestic letter of credit settlements[62] - Contract liabilities increased by 45.47% to ¥768,913,254.96, due to an increase in advance customer payments[63] Research and Development - R&D expenses increased by 34.08% year-on-year to CNY 885.79 million, reflecting higher capitalized R&D investments[43] - Total R&D investment amounted to CNY 1,258,927,592.34, representing 4.07% of total revenue[57] - The company employed 969 R&D personnel, accounting for 15.69% of the total workforce[58] - The company invested CNY 1.259 billion in R&D, completing over 30 optimization and technology transformation projects, and applied for 61 national patents[95] Operational Efficiency - The company maintained a strong cost control strategy, focusing on resource optimization and production efficiency[37] - The company’s operating indicators continued to rank among the industry leaders despite a challenging market environment[34] - The production system's online optimization and technical transformation have been enhanced, achieving a 100% application rate of digital manufacturing technologies[68] - The company has implemented a comprehensive management system to enhance operational efficiency and risk control[39] Market Position and Strategy - The company achieved a significant increase in export business, particularly in fertilizer products, while maintaining domestic supply[34] - The company is actively increasing fertilizer production to meet supply requirements and maintain reasonable profit margins amid market fluctuations[71] - The company is focusing on high-end chemical materials and fine chemicals to address supply shortages in the domestic market[114] - The company plans to achieve a sales revenue of RMB 33.5 billion in 2026[116] Governance and Management - The company has implemented a governance structure adjustment by abolishing the supervisory board and transferring its responsibilities to the audit committee, effective from September 26, 2025[122] - The company has established a clear division of responsibilities among the shareholders, board of directors, and management, ensuring smooth operations[122] - The company has maintained a stable governance structure, with no major changes in the roles of its directors and senior management during the reporting period[124] - The company has appointed new independent directors, including Li Xinguang, who will serve from March 2025[127] Shareholder Information - The total cash dividend amount for the last three accounting years is RMB 3,605,711,431.80, representing a cash dividend payout ratio of 100.21% based on an average net profit of RMB 3,597,995,468.71[152] - The company plans to distribute a cash dividend of 3.00 CNY per 10 shares for the 2024 fiscal year, with a total cash dividend amounting to 1,058,463,433.50 CNY, representing 31.92% of the net profit attributable to ordinary shareholders[147][150][151] - The company has repurchased 6,997,081 shares, representing 0.33% of the total share capital as of December 31, 2025[190] - The largest shareholder, Shandong Hualu Hengsheng Group Co., Ltd., holds 681,061,374 shares, accounting for 32.08% of the total shares[189] Environmental and Social Responsibility - The company has disclosed its 2025 ESG report, which details its environmental, social, and governance practices[159] - The company is committed to innovation and sustainable practices to enhance competitiveness amid strict environmental regulations[117] - The company focused on safety development, implementing a comprehensive safety production responsibility system, resulting in no major safety incidents during the year[74] - The company optimized and upgraded outdated processes, achieving stable emissions of pollutants and no environmental pollution incidents throughout the year[74]

四川蜀道装备科技股份有限公司 2025 年年度报告全文 四川蜀道装备科技股份有限公司 2025 年年度报告 【2026 年 3 月 】 四川蜀道装备科技股份有限公司 2025 年年度报告全文 2025 年年度报告 第一节 重要提示、目录和释义 公司董事会及董事、高级管理人员保证年度报告内容的真实、准确、完 整,不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律 责任。 公司负责人胡圣厦、主管会计工作负责人涂兵及会计机构负责人(会计主 管人员)周小丹声明:保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中如有涉及未来的计划、业绩预测等方面的内容,均不构成本公 司对任何投资者及相关人士的承诺,投资者及相关人士均应对此保持足够的 风险认识，并且应当理解计划、预测与承诺之间的差异。 公司在经营中可能存在的风险因素内容已在本报告"第三节管理层讨论 与分析"之"十一(三)可能面临的风险和应对措施"部分予以描述,敬请 投资者注意并仔细阅读该章节全部内容。 公司经本次董事会审议通过的利润分配预案为:以 229,559,110 股为基 数,向全体股东每 10 股派发现 ...

证券代码：002935 证券简称：天奥电子 公告编号：2026-004 成都天奥电子股份有限公司 2025 年度业绩快报 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 | 项目 | 本报告期 | 上年同期 | 增减变动幅度（%） | | --- | --- | --- | --- | | 营业总收入 | 98,025.21 | 96,436.77 | 1.65 | | 营业利润 | 7,055.17 | 6,823.64 | 3.39 | | 利润总额 | 6,922.62 | 6,830.07 | 1.36 | | 归属于上市公司股东 | 6,481.18 | 6,419.73 | 0.96 | | 的净利润 | | | | | 扣除非经常性损益后 的归属于上市公司股 | 5,645.37 | 6,097.03 | -7.41 | | 东的净利润 | | | | | 基本每股收益（元/ 股） | 0.1531 | 0.1511 | 1.32 | | 加权平均净资产收益 | 4.03% | 4.09% | -0.06 | | 率（%） | | | | | 项 ...

江苏吉鑫风能科技股份有限公司2025 年年度报告 公司代码：601218 公司简称：吉鑫科技 江苏吉鑫风能科技股份有限公司 2025 年年度报告 1 / 175 江苏吉鑫风能科技股份有限公司2025 年年度报告 重要提示 一、本公司董事会及董事、高级管理人员保证年度报告内容的真实性、准确性、完整性，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、公司全体董事出席董事会会议。 三、中兴华会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、公司负责人朱陶芸、主管会计工作负责人朱陶芸及会计机构负责人（会计主管人员）周漪 声明：保证年度报告中财务报告的真实、准确、完整。 五、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 以2025年度利润分配实施公告确定的股权登记日当日可参与分配的股数为基数进行利润分 配，向全体股东每10股派发现金红利0.35元（含税），资本公积不转增股本。截至2025年12月31 日，公司总股本969,033,512股为基数，以此计算合计拟派发现金红利33,916,172.92元（含税）。 公司2025年已实施中期分红，向全体股东派发现金 ...