002335SZSE

2025 Annual Report of the Board of Directors

KEHUA DATA CO.,LTD.·

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The Board of Directors of K-Star Data Co., Ltd. reports on its work in 2025, adhering to laws and regulations. The company achieved revenue of RMB 8.16 billion, a 5.20% increase, and net profit attributable to shareholders of RMB 418 million, a 32.62% increase. The report details board meeting activities, shareholder meeting resolutions, information disclosure, and investor relations management, outlining plans for 2026.

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K-Star Data Co., Ltd. 2025 Annual Report of the Board of Directors

The Board of Directors of K-Star Data Co., Ltd. (hereinafter referred to as the "Company") has, in accordance with the "Company Law," "Securities Law," "Listing Rules of the Shenzhen Stock Exchange," "Guidelines for the Regulation of Listed Companies," and the "Articles of Association," and other relevant laws, regulations, and company rules, diligently performed its duties. With a commitment to all shareholders, the Board has operated in a standardized and efficient manner, making prudent and scientific decisions, and faithfully and diligently exercising its authority. The Board has earnestly implemented all resolutions of the shareholders' meetings, carried out various board tasks, effectively protected the legitimate rights and interests of the Company and all shareholders, and ensured the Company's sound operation and sustainable development. The main work report for 2025 is as follows:

I. Company's Operating Conditions During the Reporting Period

Under the leadership of the Board and management, the Company has closely followed the booming development of green energy and the surge in AI computing power demand. Adhering to the original mission of "driving a low-carbon digital future with intelligent electrical energy," the Company has deepened its product technology, strengthened its R&D foundation, expanded its overseas markets and market presence, promoted lean intelligent manufacturing, and strictly controlled quality management. The Company has maintained a customer-centric approach, providing comprehensive chain services. During the reporting period, the Company achieved operating revenue of RMB 8,160,262,477.61, a year-on-year increase of 5.20%; net profit attributable to shareholders of the listed company was RMB 417,988,029.54, a year-on-year increase of 32.62%.

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