邦德股份 920271 官微二维码 年度报告 （如有） 2025 四、2025 年 12 月，根据山东省工业和信息化厅发布的《关于公布第九批山东省制造业 单项冠军企业和通过复核的第三、六批制造业单项冠军企业名单的通知》，公司被确定为第 九批山东省制造业单项冠军企业。 1 威海邦德散热系统股份有限公司 可视化年报 （如有） 公司年度大事记 一、2025 年 4 月 28 日，公司完成 2024 年年度权益分派，以总股本 118,930,000 股为 基数，向全体股东每 10 股转增 1 股，每 10 股派现金红利 2.00 元（含税）。本次权益分派 前公司总股本为 118,930,000 股，权益分派实施后公司总股本增至 130,823,000 股。 二、2025 年 7 月 7 日，公司全资孙公司邦德国际（香港）有限公司完成注册登记，取 得《公司注册证明书》。 三、2025 年 7 月 8 日，公司全资子公司收到企业发展奖励金额 1,662.00 万元。 五、公司加大研发力度，新增专利 9 项，分别为： 一种微通道喷锌铝扁管生产用喷锌设备控制系统 一种平行流喷锌铝扁管切断机 一种平行流喷锌铝扁管生产用连续挤压 ...

2025 官微二维码 年度报告 （如有） （如有） 1 第一节 重要提示、目录和释义 雷神科技 920190 青岛雷神科技股份有限公司 可视化年报 公司年度大事记 2 （或）致投资者的信 图 片 （如有） 事 件 描述 图 片 （如有） 事 件 描述 | 第一节 | 重要提示、目录和释义 | 1 | | --- | --- | --- | | 第二节 | | 公司概况 3 | | 第三节 | 会计数据和财务指标 | 5 | | 第四节 | | 管理层讨论与分析 8 | | 第五节 | | 重大事件 35 | | 第六节 | 股份变动及股东情况 | 40 | | 第七节 | 融资与利润分配情况 | 44 | | 第八节 | | 董事、高级管理人员及员工情况 48 | | 第九节 | | 行业信息 54 | | 第十节 | | 公司治理、内部控制和投资者保护 60 | | 第十一节 | 财务会计报告 | 68 | | 第十二节 | 备查文件目录 | 141 | 【声明】 公司董事、高级管理人员保证本报告所载资料不存在虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 公司负 ...

天马新材 920971 河南天马新材料股份有限公司 Henan Tianma New Material Co., Ltd. 年度报告 2025 1 公司年度大事记 2025 年 2 月，公司牵头郑州大学、河北工业大学等 6 家单位共同组建郑州市 先进氧化铝材料及陶瓷膜产业研究院； 2025 年 3 月，募投项目"电子陶瓷粉体材料生产基地建设项目"结项； 2025 年 4 月，经 2024 年年度股东会审议通过，以公司总股本 106,008,002 股 为基数，向全体股东每 10 股派发现金红利 2.00 元，共计派发现金红利 21,201,600.40 元； 2025 年 5 月，在第九个中国品牌日系列活动中，天马新材的品牌建设工作入 选"河南品牌强省计划"典型案例； 公司董事、高级管理人员保证本报告所载资料不存在虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 公司负责人马淑云、主管会计工作负责人茹红丽及会计机构负责人（会计主管人员）郑向阳保证 年度报告中财务报告的真实、准确、完整。 中勤万信会计师事务所（特殊普通合伙）对公司出具了标准无保留意见的审计报告。 本年度 ...

华原股份 920837 广西华原过滤系统股份有限公司 官微二维码 年度报告 2025 （如有） 可视化年报 （如有） 图 片 （如有） 事 件 描述 图 片 （如有） 事 件 描述 （或）致投资者的信 公司年度大事记 | 第一节 | 重要提示、目录和释义 4 | | --- | --- | | 第二节 | 公司概况 6 | | 第三节 | 会计数据和财务指标 8 | | 第四节 | 管理层讨论与分析 11 | | 第五节 | 重大事件 31 | | 第六节 | 股份变动及股东情况 35 | | 第七节 | 融资与利润分配情况 39 | | 第八节 | 董事、高级管理人员及员工情况 41 | | 第九节 | 行业信息 46 | | 第十节 | 公司治理、内部控制和投资者保护 47 | | 第十一节 | 财务会计报告 54 | | 第十二节 | 备查文件目录 158 | 第一节 重要提示、目录和释义 □是 √否 3、本期重大风险是否发生重大变化 【声明】 公司董事、高级管理人员保证本报告所载资料不存在虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 公司负责人邓福生、主管 ...

Financial Performance - The company's operating revenue for 2025 reached ¥2,408,547,936.24, representing a 37.71% increase compared to ¥1,749,018,174.12 in 2024[19]. - Net profit attributable to shareholders was ¥143,704,071.81, a significant turnaround from a loss of ¥89,502,661.25 in the previous year, marking a 260.56% increase[19]. - The net profit after deducting non-recurring gains and losses was ¥134,841,907.96, compared to a loss of ¥120,503,356.70 in 2024, reflecting a 211.90% improvement[19]. - The net cash flow from operating activities increased by 175.23% to ¥110,315,567.94 from ¥40,080,692.08 in 2024[19]. - Basic earnings per share rose to ¥0.46 from a loss of ¥0.32 in the previous year, indicating a 243.75% increase[19]. - Total assets at the end of 2025 were ¥2,805,078,811.41, up 36.06% from ¥2,061,697,688.87 at the end of 2024[19]. - Net assets attributable to shareholders increased by 57.87% to ¥1,207,056,416.70 from ¥764,574,904.66 in 2024[19]. - The company reported a significant increase in quarterly revenue, with the fourth quarter alone generating ¥792,500,856.57[23]. Revenue Breakdown - The revenue from powder products was ¥1,612,474,346.51, accounting for 66.95% of total revenue, with a year-on-year growth of 15.86%[49]. - The hard alloy segment saw a significant increase in revenue, reaching ¥500,531,244.75, which is a 93.18% increase compared to ¥259,094,443.19 in the previous year[49]. - The tungsten wire series revenue surged by 238.19%, amounting to ¥196,587,911.69, up from ¥58,130,188.44 in 2024[49]. - Domestic sales contributed ¥1,906,741,239.57, representing 79.17% of total revenue, with a growth of 37.56% year-on-year[49]. Market and Production Insights - The production and sales volume of hard alloys increased by 84.67% and 70.78% respectively, driven by rising demand from national infrastructure projects[28]. - The average price of tungsten concentrate in 2025 was CNY 213,700 per ton, a 57.77% increase year-on-year[27]. - The average price of tungsten powder rose to CNY 486.57 per kilogram, reflecting a 60.14% increase compared to the previous year[27]. - The production of tungsten carbide is anticipated to grow by 6.67% in 2025, driven by strong demand from the automotive and engineering machinery sectors[40]. - The production of tungsten wire is projected to reach 160 billion meters in 2025, marking a year-on-year growth of 6.67%[40]. Research and Development - The company plans to enhance its research and development efforts for hard alloy products and optimize sintering processes to improve production efficiency[28]. - R&D expenses increased by 9.78% to ¥85,569,482.87 in 2025 from ¥77,943,015.16 in 2024[59]. - The number of R&D personnel decreased by 23.49% to 114 in 2025 from 149 in 2024[60]. - The company will enhance research and development efforts to improve the performance of tungsten wire products and meet customer demands more effectively[86]. Corporate Governance and Management - The company has a strong management team with extensive experience in the tungsten industry, including the chairman who has been in the industry since 1982[96]. - The management team includes professionals with advanced degrees and significant expertise in finance, engineering, and materials science[98][99]. - The company has maintained a stable leadership structure with no recent changes in its board of directors or senior management[95]. - The company’s board members attended all six board meetings and four shareholder meetings during the reporting period[105]. Shareholder and Investor Relations - The company emphasizes the protection of shareholder rights, particularly for minority shareholders, through a reasonable profit distribution policy[127]. - The company has established a good communication platform with investors to ensure timely and accurate information disclosure[127]. - The company is currently fulfilling its commitment regarding the reduction of shareholding, which states that the number of shares sold will not exceed 50% of the total shares held directly or indirectly[132]. Compliance and Risk Management - The company is actively monitoring policy changes and enhancing compliance controls to mitigate operational risks[87]. - The company is focused on maintaining compliance with regulations set by the China Securities Regulatory Commission and Shenzhen Stock Exchange[136]. - The internal control system has been effectively implemented, ensuring compliance with regulations and providing a strong guarantee for normal business operations[122]. Corporate Social Responsibility - The company is dedicated to corporate social responsibility, having received accolades for its charitable contributions and community engagement[96]. - The company donated a total of CNY 285,000 to charitable organizations during the reporting period[129]. - The company actively engages in environmental protection and sustainable development practices, adhering to environmental management standards[129]. Future Outlook - The company anticipates a gradual increase in tungsten market prices due to rising global demand as the world economy recovers[78]. - The company will focus on the development of hard alloy and tungsten wire projects to promote high-quality growth, leveraging technological innovation to improve profitability and enhance international competitiveness[79]. - By 2026, the company aims to achieve a production capacity of 30 billion meters of ultra-fine tungsten wire, with a market penetration rate expected to rise from approximately 20% in 2024 to over 70% in 2026 in the photovoltaic sector[81].

Financial Performance - The company reported a total revenue of 10.5 billion RMB for the fiscal year 2025, representing a year-on-year growth of 15%[17]. - The company's operating revenue for 2025 reached ¥89.18 billion, representing a 14.55% increase from ¥77.86 billion in 2024[22]. - Net profit attributable to shareholders for 2025 was ¥13.46 billion, up 21.97% from ¥11.04 billion in 2024[22]. - The net profit after deducting non-recurring gains and losses for 2025 was ¥12.83 billion, a 19.98% increase from ¥10.69 billion in 2024[22]. - The net cash flow from operating activities for 2025 was ¥16.92 billion, reflecting a significant increase of 40.18% compared to ¥12.07 billion in 2024[22]. - The total assets at the end of 2025 amounted to ¥118.68 billion, a 3.13% increase from ¥115.07 billion at the end of 2024[22]. - The net assets attributable to shareholders at the end of 2025 were ¥46.61 billion, which is a 26.30% increase from ¥36.91 billion at the end of 2024[22]. - The company achieved operating revenue of 89.184 billion yuan, a year-on-year increase of 14.55%, and a net profit attributable to shareholders of 13.461 billion yuan, up 21.97% year-on-year[71]. - The gross profit margin improved to 31.83%, an increase of 1.89% year-on-year, driven by brand premium, product innovation, and economies of scale[71]. - The company plans to distribute cash dividends of 6.9 RMB per 10 shares, totaling approximately 1.416 billion RMB to shareholders[6]. Market Expansion and Strategy - The company has set a revenue target of 12 billion RMB for 2026, reflecting a growth forecast of 14%[17]. - New product launches in the renewable energy sector are expected to contribute an additional 1 billion RMB in revenue in 2026[17]. - The company is expanding its market presence in Southeast Asia, aiming for a 10% market share by 2027[17]. - The company is focusing on expanding its market presence and enhancing its product offerings in the renewable energy sector[102]. - The company's overseas revenue reached approximately ¥53.99 billion, accounting for 40.36% of total revenue, with a year-on-year increase of 48.76%[106]. Research and Development - Investment in R&D increased by 30% in 2025, focusing on innovative energy solutions and technologies[17]. - The company plans to increase R&D investment to CNY 4.175 billion in 2025, representing a year-on-year growth of 31.97%[68]. - The company has established seven R&D centers globally, focusing on enhancing its competitive edge in the renewable energy equipment sector[68]. - The R&D expenses increased by 31.97% to 4.17 billion yuan, primarily due to higher personnel costs[113]. - The company plans to increase its R&D personnel to 7,625 by 2025, reflecting a 9.10% increase from 2024, with a focus on higher education levels among staff[116]. Product Development and Innovation - The company continues to focus on clean energy technology, including photovoltaic inverters, energy storage systems, and electric vehicle power systems[32]. - The company focuses on photovoltaic inverters, offering a power range from 0.45 to 9600 kW, covering micro, residential, string, centralized, and modular inverters for various applications[33]. - The modular inverter "1+X 2.0" has a single unit power of 800 kW, allowing flexible configurations from 0.8 to 9.6 MW, and features an AI fault diagnosis system for improved availability[36]. - The SG465HX series string inverter, with a power output of 465 kW, is the world's largest single-unit string inverter, achieving a 28% increase in power and a 0.2% improvement in system efficiency[36]. - The company has launched a 150 kW commercial inverter equipped with intelligent arc detection and automatic temperature monitoring for enhanced safety[37]. Sustainability and ESG Initiatives - The company aims to increase the proportion of green electricity usage to 79% by the end of 2025, saving nearly 4 million kWh of electricity through various energy management strategies[198]. - The company has completed carbon footprint accounting for 19 products and achieved carbon footprint certification for 7 products, enhancing product transparency[198]. - The company donated nearly 20 million yuan in 2025, with approximately 15 million yuan allocated to the Sunshine Power Public Welfare Foundation for various public welfare initiatives[199]. - Sunshine Hydrogen has received an MSCI ESG rating of AAA and has been included in various sustainability rankings, highlighting its commitment to social responsibility[94]. Corporate Governance - The company has revised its governance structure to comply with legal requirements and improve operational transparency, including the cancellation of the supervisory board[141]. - The board of directors consists of 8 members, including 3 independent directors, ensuring compliance with governance standards and active participation in decision-making[144]. - The company has established a fair and transparent performance evaluation and incentive mechanism for directors and senior management, ensuring that performance indicators are scientifically set and managed[145]. - The company received an A rating in the Shenzhen Stock Exchange's information disclosure assessment, maintaining the highest rating for four consecutive years[147]. - The company emphasizes the protection of stakeholders' rights and actively engages with them to balance interests among shareholders, employees, and society[148]. Risks and Challenges - The company faces significant policy risks due to potential reductions in government subsidies for renewable energy sectors, which could suppress local market demand and delay project investments[134]. - The company is experiencing increased market competition, leading to rapid capacity expansion and declining product gross margins; it plans to enhance R&D and brand building to maintain a competitive edge[134]. - The company is exposed to raw material price fluctuations, particularly for lithium, copper, and aluminum, which could impact procurement costs; it aims to improve supply chain insights and implement hedging strategies[135]. - The company is at risk from currency fluctuations, particularly with revenues primarily in USD, EUR, and AUD; it plans to monitor and hedge against exchange rate losses[136]. Employee Development - The total number of employees at the end of the reporting period was 19,006, with 7,727 in the parent company and 11,279 in major subsidiaries[171]. - The company has a competitive compensation policy designed to motivate employees and align with business development stages, ensuring fair and reasonable returns[172]. - The company has implemented a three-tier training structure to enhance employee capabilities, focusing on leadership, professional skills, and job-specific training[173]. - The company has initiated various talent development programs, including international talent training projects and a global language platform to enhance its international capabilities[174].

Financial Performance - Sangfor Technologies reported a significant increase in revenue, achieving a total of RMB 1.2 billion for the fiscal year 2025, representing a year-over-year growth of 25%[19]. - The company’s user base expanded to 500,000 active users, marking a 30% increase compared to the previous year[19]. - Sangfor anticipates a revenue growth forecast of 20% for the upcoming fiscal year, projecting revenues to reach RMB 1.44 billion[19]. - The company reported a gross margin of 60%, indicating strong operational efficiency and cost management[19]. - Sangfor's net profit for the year was RMB 300 million, reflecting a 20% increase from the previous year[19]. - The company's operating revenue for 2025 reached ¥8,043,025,023.50, representing a 6.96% increase compared to ¥7,519,756,366.23 in 2024[23]. - Net profit attributable to shareholders for 2025 was ¥392,791,954.44, a significant increase of 99.52% from ¥196,868,907.52 in 2024[23]. - The net profit excluding non-recurring gains and losses for 2025 was ¥304,484,706.61, up 296.38% from ¥76,815,687.82 in 2024[23]. - The net cash flow from operating activities for 2025 was ¥1,342,011,977.57, a 65.29% increase from ¥811,937,577.05 in 2024[23]. - Basic earnings per share for 2025 increased to ¥0.93, a 97.87% rise from ¥0.47 in 2024[23]. Strategic Focus and Development - The company is focusing on new product development and technological advancements in areas such as zero trust security and hybrid cloud solutions[5]. - The company emphasizes the importance of maintaining core technology security and preventing talent loss as part of its strategic focus[5]. - The company is actively exploring market expansion opportunities and potential mergers and acquisitions to enhance its competitive position[5]. - The company plans to continue expanding its business boundaries to meet user demands in digital and intelligent transformation[33]. - The company aims to enhance user digital transformation with a new mission statement: "Making every user's digital transformation simpler and safer" by 2025[90]. - The company is focused on user-oriented product innovation and service upgrades, consistently prioritizing user value in its offerings[89]. - The company aims to improve product quality and customer experience in AI security platforms and related services while expanding market recognition through strategic partnerships[162]. Research and Development - The company is investing heavily in R&D, allocating 15% of its revenue, approximately RMB 180 million, towards the development of new AI technologies and products[19]. - The company has maintained a research and development (R&D) expense ratio exceeding 25% of revenue for the past six years, reflecting its commitment to innovation[85]. - As of the end of 2025, the company has established five R&D centers in Shenzhen, Beijing, Changsha, Nanjing, and Chengdu, with R&D personnel accounting for 36.20% of the workforce[85]. - The company has obtained a total of 1,687 authorized patents, including 1,509 invention patents, and has registered 547 software copyrights, focusing on areas such as cybersecurity, cloud computing, and AI[85]. - The company is focusing on AI-driven innovations, aiming to enhance ROI for users through AI hyper-convergence, AI storage, and AI security computing products[44]. Market Position and Competition - The company ranks first in the domestic market for zero trust network access solutions in 2023 and 2024, indicating strong market leadership in this area[38]. - The company ranks first in the Chinese hyper-converged market with a market share of 2023-2025 projected to remain at the top[43]. - The company has established itself as a leading player in the domestic cybersecurity market through continuous innovation and strategic development[36]. - The company is experiencing intensified competition in the network security and cloud computing markets, which may impact profit margins and long-term industry health[159]. Risk Management - The company highlights risks including weak market demand, increased competition in cybersecurity and cloud computing, and rising hardware procurement costs due to upstream price increases[5]. - Future performance forecasts and plans are not commitments to investors, emphasizing the need for risk awareness[5]. - The management discussion section details potential risks and countermeasures for future business development[5]. - To mitigate risks, the company will leverage its AI capabilities to enhance network security products and services, aiming to stabilize revenue contributions from this sector[158]. - Protecting core technologies through intellectual property rights and improving employee retention strategies are essential to mitigate risks of technology leaks and talent loss[167]. Governance and Compliance - The board of directors has confirmed the accuracy and completeness of the annual report, ensuring no misleading statements or omissions[4]. - The report includes a comprehensive overview of financial indicators and company governance[8]. - The company has established a transparent performance evaluation and incentive mechanism for senior management, ensuring compliance with relevant laws and regulations[177]. - The company actively respects and protects the rights of stakeholders, emphasizing social responsibility and communication[179]. - The company has designated specific publications and websites for information disclosure to ensure equal access for all investors[178].

三河同飞制冷股份有限公司 三河同飞制冷股份有限公司 2025 年年度报告全文 证券代码：300990 证券简称：同飞股份 公告编号：2026-020 2025 年年度报告 2026 年 04 月 1 三河同飞制冷股份有限公司 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。 公司负责人张浩雷、主管会计工作负责人高宇及会计机构负责人（会计 主管人员）栗亚楠声明：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。 本年度报告涉及的未来的战略规划及经营计划，不构成公司对投资者的 实质承诺，投资者及相关人士应对此保持足够的风险认识，并且应该理解计 划、预测及承诺之间的差异。 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"部分，详细描述了公司经营中可能存在的风险及应对措施，敬请投资者关 注相关内容。 公司经本次董事会审议通过的利润分配预案为：以 170,579,150 股为基 数，向全体股东每 ...

Financial Performance - The company's operating revenue for 2025 was approximately ¥4.11 billion, a decrease of 1.60% compared to ¥4.18 billion in 2024[16]. - Net profit attributable to shareholders for 2025 was approximately ¥179.15 million, down 7.86% from ¥194.42 million in 2024[16]. - The net profit after deducting non-recurring gains and losses was approximately ¥99.37 million, a decline of 20.57% from ¥125.12 million in 2024[16]. - Basic earnings per share for 2025 were ¥0.1755, down 7.68% from ¥0.1901 in 2024[16]. - The company reported a total revenue of CNY 4.11 billion, a decrease of 1.6% compared to the previous year[43]. - The net profit attributable to shareholders for 2025 was CNY 179 million, down 7.86% year-on-year[43]. - The electronic manufacturing sector accounted for 99.06% of total revenue in 2025, generating CNY 4.07 billion, a decline of 1.74% from 2024[45]. - The property management service sector saw a revenue increase of 16.36%, contributing CNY 38.58 million, up from CNY 33.16 million in 2024[45]. Cash Flow and Assets - The net cash flow from operating activities increased significantly to approximately ¥382.91 million, a 473.69% increase from a negative cash flow of ¥102.47 million in 2024[16]. - Total assets at the end of 2025 reached approximately ¥7.74 billion, an increase of 10.64% from ¥6.99 billion at the end of 2024[16]. - Cash and cash equivalents increased by approximately $526.61 million, a 455.08% improvement from a decrease of $148.31 million in 2024[60]. - Inventory increased by approximately 51.94% to approximately $1.01 billion, primarily due to stockpiling raw materials in response to supply chain price increases[65]. - Long-term borrowings increased by 70.19% to approximately $318.18 million, up from $187.06 million at the beginning of the year[66]. Research and Development - The company has increased its R&D investment to adapt to product upgrades and low-altitude infrastructure construction[26]. - Research and development (R&D) investment amounted to approximately ¥364.35 million, representing 8.86% of operating revenue, an increase from 8.70% in the previous year[58]. - The company is committed to investing in research and development to drive technological advancements in its product lines[99]. - The company is focusing on the development of AI-integrated applications and new connection paradigms in data communication terminals, aligning with industry trends towards digital transformation[36]. Market Expansion and Product Development - The company has developed three new user countries in the international market and secured three key supporting projects[26]. - The company has successfully entered the drone platform market and received bulk orders for ground inquiry machines[26]. - The company is focusing on expanding its market presence through new product developments and strategic partnerships in the smart manufacturing sector[56]. - The company is exploring potential mergers and acquisitions to strengthen its market position[145]. Risk Management - The company acknowledges potential risks in its future operations as outlined in the management discussion section[4]. - The company anticipates risks related to industry and policy fluctuations, particularly in defense electronics, which could impact revenue based on market demand[79]. - The company is addressing supply chain uncertainties and raw material price fluctuations by enhancing strategic partnerships and optimizing procurement processes[80]. - The company is actively managing risks related to accounts receivable and inventory to ensure financial stability[80]. Corporate Governance and Compliance - The company has implemented a series of governance improvements, including revising multiple internal regulations to enhance operational efficiency[87]. - The company is committed to maintaining compliance with relevant laws and regulations, ensuring the protection of investors' rights[108]. - The board of directors approved a salary increase for senior management, with an average raise of 10% based on performance metrics[103]. - The company has established a comprehensive supplier and customer rights protection mechanism, enhancing cooperation and service quality[129]. Shareholder Engagement and Dividends - The company plans to distribute a cash dividend of ¥0.2 per 10 shares, based on a total of 1,016,324,759 shares[4]. - The company distributed a cash dividend of 0.20 yuan per 10 shares, totaling 20,326,495.18 yuan, with a total cash dividend amount (including other methods) of 120,499,741.41 yuan, representing 67.26% of the total profit distribution[117][118]. - The company has developed a "Quality Return Dual Improvement" action plan to enhance investor confidence and maintain shareholder interests, aligning with national policies to boost capital market activity[84]. Strategic Initiatives - The company aims to enhance user engagement and customer satisfaction through innovative product solutions[99]. - The company has set ambitious growth targets for the next fiscal year, aiming for a revenue increase of at least 10%[97]. - The company is focusing on enhancing its core competitiveness through market expansion and technology research and development in three main business areas: air traffic control, microwave radio frequency, and smart terminals[84]. Employee and Social Responsibility - The total number of employees at the end of the reporting period is 7,437, with 5,471 in production, 1,254 in technical roles, and 86 in sales[113]. - Employee rights are protected through compliance with labor laws and ongoing professional training programs[128]. - The company actively participates in poverty alleviation and rural revitalization efforts, supporting local education and agriculture[132].

上海毓恬冠佳科技股份有限公司 2025 年年度报告全文 上海毓恬冠佳科技股份有限公司 2025 年年度报告 2026-008 公司在经营中可能存在的风险因素内容及应对措施已在本报告第三节 "管理层讨论与分析"之"十一、公司未来发展的展望"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。 2026 年 4 月 1 上海毓恬冠佳科技股份有限公司 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。 公司负责人吴军、主管会计工作负责人刘璟欣及会计机构负责人(会计主 管人员)刘璟欣声明：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。 公司经本次董事会审议通过的利润分配预案为：以 87,834,772 股为基数， 向全体股东每 ...