002363SZSE

2025 Annual General Manager Work Report

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This report details the company's 2025 achievements, focusing on optimizing market layout, driving innovation, and enhancing intelligent manufacturing. Key outcomes include expanding market share, achieving significant R&D breakthroughs, and improving operational efficiency through standardization and digitalization. The company is poised for continued growth by deepening its focus on green and intelligent strategies.

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Shandong Longi Machinery Co., Ltd.

2025 Annual General Manager Work Report

In 2025, we successfully concluded the crucial final year of the "14th Five-Year Plan" with a spirit of endeavor, and simultaneously ushered in a new starting point for the "15th Five-Year Plan." Currently, the global industrial landscape is undergoing rapid change. The world is experiencing a silent yet profound "restructuring." Amidst a century of transformation, facing the wave of intelligent and green transformation in the global automotive industry and the complex dynamics of international trade, we have closely followed national development strategies, remained dedicated to our core business, and, guided by the corporate spirit of "first-class endeavors, first-class achievements," have focused on the overall theme of "new quality development and concentrated innovation." By concentrating on the annual "Seven Major Strategies," we have leveraged optimizing market layout, focusing on innovation-driven development, leveraging intelligent manufacturing advantages, promoting standard construction, and deepening corporate governance to achieve a new leap in high-quality development.

I. Key Areas of Company Work in 2025

  1. Optimizing Market Layout, Empowering Market Upgrade Through Deepening Potential Exploration

During the reporting period, the company established a dual-driven strategy of core domestic leadership and diversified overseas expansion. We pursued both passenger and commercial vehicle segments, synergized independent and joint venture brands, and balanced consolidating the market with fuel vehicles and leading innovation in new energy vehicles. This created a multi-dimensional automotive market layout. We also achieved a comprehensive product range of ordinary and high-end brake discs, complementing each other's strengths. Through the dual approach of "consolidating existing markets + expanding new growth areas," we have continuously increased our market share and steadily strengthened our core market competitiveness.

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