Zhejiang Bofei Electric Co., Ltd.
2025 Annual Board of Directors Work Report In 2025, the Board of Directors of Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "the Company") strictly adhered to the Company Law, Securities Law, and other relevant laws and regulations, as well as the Articles of Association and other related rules and regulations. The Board diligently fulfilled the responsibilities entrusted by the shareholders' meeting, implemented the various resolutions of the shareholders' meeting, performed its duties faithfully, worked diligently, continuously improved corporate governance, ensured scientific decision-making and standardized operations, actively promoted the development of various business sectors, and safeguarded the legitimate rights and interests of the Company and its shareholders. The following is a report on the work of the Board of Directors:
I. Overall Business Performance of the Company in 2025 During the reporting period, the Company continued to deepen its core business, adhered to technological innovation, optimized market layout, and enhanced core competitiveness. The Company scientifically planned and assessed future development strategies, relied on years of technological and industry accumulation, accelerated the layout and technological reserves in the new energy market, expedited new product development, expanded the application fields of the Company's products, and comprehensively constructed a diversified development pattern to enhance the resilience of the Company's development. In 2025, the Company achieved operating revenue of 447,196,345.11 yuan, an increase of 31.12% compared to the same period last year; the net profit attributable to shareholders was 15,372,738.11 yuan, an increase of 16.13% compared to the same period last year.