Shandong Longi Machinery Co., Ltd. Board of Directors Work Report Shandong Longi Machinery Co., Ltd. 2025 Annual Board of Directors Work Report
In 2025, the company's Board of Directors strictly adhered to the "Company Law," "Securities Law," "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Standard Operation Guidelines," and other laws and regulations, as well as the "Articles of Association," "Shareholder Meeting Rules," and "Board Meeting Rules." The Board diligently fulfilled the responsibilities entrusted by the shareholders' meeting and actively promoted the improvement of corporate governance and the development of various businesses. The work of the Board of Directors in 2025 is hereby reported as follows:
I. Key Work Areas for the Company in 2025
During the reporting period, the company achieved operating revenue of 2,039,731,417.34 yuan, a year-on-year decrease of 14.33%, and net profit attributable to shareholders of the parent company of 66,972,659.35 yuan, a year-on-year increase of 42.56%. As of the end of the reporting period, the company's total assets amounted to 3,063,610,050.46 yuan, a year-on-year decrease of 9.24%, and net assets attributable to shareholders of the parent company were 2,154,291,698.59 yuan, a year-on-year increase of 1.88%. During the reporting period, the company focused on the following aspects:
- Optimizing Market Layout and Upgrading the Market Through Deepening Potential
During the reporting period, the company established a dual-driven market layout of domestic core leadership and diversified overseas expansion, with a dual focus on passenger and commercial vehicles. It also achieved synergistic empowerment through independent and joint venture brands, consolidating the fuel vehicle market while leading the new energy vehicle sector. This comprehensive automotive market layout, coupled with a full range of ordinary and high-end brake discs that complement each other, has continuously enhanced market share and steadily strengthened core market competitiveness through a dual approach of "consolidating existing markets and expanding new areas."