002329SZSE

Royal Group Co., Ltd. 2025 Annual Report Summary

Huangshi Group·

✨ AI Summary

This report summarizes Royal Group's 2025 performance, highlighting a revenue of 1.77 billion yuan despite a net loss of 448.5 million yuan attributable to listed company shareholders. The company is focusing on high-quality development in the water buffalo milk sector, addressing industry challenges, and optimizing its business structure. Key initiatives include advancing the water buffalo breeding program and expanding smart manufacturing facilities.

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I. Important Notice

This annual report summary is derived from the full annual report. To fully understand the company's operating results, financial condition, and future development plans, investors should carefully read the full annual report on the designated media specified by the China Securities Regulatory Commission.

All directors attended the board meeting that reviewed this report.

Non-standard Audit Opinion Notice □ Applicable Not Applicable

Board of Directors' Proposal on Profit Distribution Plan or Capital Reserve Transfer to Share Capital for the Reporting Period □ Applicable Not Applicable

The company plans to not distribute cash dividends, not issue bonus shares, and not transfer capital reserve to share capital.

Board of Directors' Resolution on Preferred Share Profit Distribution Plan for the Reporting Period □ Applicable Not Applicable

As of the end of the reporting period, the parent company has unappropriated losses. According to the standard unqualified audit report issued by Shenzhen Jiuan Certified Public Accountants (Special General Partnership), the net profit attributable to shareholders of the listed company in 2025 was -448,535,055.88 yuan, the net profit of the company (parent company) in 2025 was -323,614,088.73 yuan. Adding the unappropriated profit at the beginning of the year of -1,086,310,050.36 yuan, the profit available for distribution by the parent company at the end of 2025 was -1,409,924,139.09 yuan. Given that the net profit attributable to shareholders of the listed company in 2025 and the profit available for distribution in the parent company's statements are both negative, to ensure the company's sustained, stable, and healthy development, the Board of Directors proposes the profit distribution plan for 2025: the company plans to not distribute cash dividends, not issue bonus shares, and not transfer capital reserve to share capital in 2025. Investors are kindly reminded to pay attention to investment risks.

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