002396SZSE

Fujian Star-Net Communication Co., Ltd. 2025 Annual Report Summary

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This report summarizes Fujian Star-Net Communication Co., Ltd.'s 2025 annual performance. The company reported significant revenue growth of 14.31% to ¥19,156,872,095.46 and a substantial increase in operating profit by 72.88%. Key business areas include network infrastructure, optical communication, AI solutions, and smart spaces, with continued focus on technological innovation and market expansion.

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Fujian Star-Net Communication Co., Ltd. 2025 Annual Report Summary

Important Notice This annual report summary is derived from the full annual report. Investors should carefully read the full annual report on the designated media of the China Securities Regulatory Commission for a comprehensive understanding of the company's operating results, financial status, and future development plans. All directors attended the board meeting to review this report. Non-standard audit opinion notice □ Applicable Not applicable Notice on the report period's profit distribution plan or capital reserve to share capital increase plan ☑ Applicable Not applicable Whether to convert capital reserve to share capital increase ☑ Yes The profit distribution plan deliberated and approved by the board of directors is as follows: based on 582,864,249 shares, a cash dividend of 2.5 yuan (tax inclusive) per 10 shares will be distributed to all shareholders, with 0 bonus shares (tax inclusive), and 3 shares will be transferred from capital reserve to share capital for every 10 shares held by all shareholders. Notice on the report period's preferred stock profit distribution plan deliberated and approved by the board of directors □ Applicable Not applicable

Company Basic Information

  1. Company Profile Stock Abbreviation: Star-Net Rui Jie Stock Listing Exchange: Shenzhen Stock Exchange Previous Stock Abbreviation (if any): None Stock Code: 002396

Contacts and Contact Information Name: Li Huaiyu (Board Secretary), Pan Yuanyuan (Securities Affairs Representative) Office Address: 3rd Floor, Building 22, Star-Net Rui Jie Technology Park, Xin'gang Avenue, High-tech Zone, Fuzhou City, Fujian Province (Board Secretary); 3rd Floor, Building 23, Star-Net Rui Jie Technology Park, Xin'gang Avenue, High-tech Zone, Fuzhou City, Fujian Province (Securities Affairs Representative) Fax: 0591-83057818 Tel: 0591-83057977 (Board Secretary), 0591-83057009 (Securities Affairs Representative) Email: lihy@star-net.cn, panyuanyuan@star-net.cn

  1. Business and Product Introduction for the Reporting Period In 2025, the company continued to focus on its core business architecture of "ICT Infrastructure and AI Application Solutions," vigorously promoting industrial transformation and upgrading. It launched a series of innovative products with market influence, continuously strengthening its existing market and exploring new growth areas. Focusing on network communication infrastructure such as data center networks and optical communications, as well as AI application solutions like information technology innovation (Xinchuang), visual networking, and smart spaces, the company provides comprehensive empowerment services for the digital and intelligent transformation and upgrading of various industries including government, operators, internet, and finance. A series of new products with market influence were launched, firmly grasping market opportunities for industrial and technological upgrading, and providing customers with more in-depth application needs and highly competitive solutions. In 2025, the company achieved an annual operating revenue of ¥19,156,872,095.46, a year-on-year increase of 14.31%. Operating profit was ¥951,905,672.72, a year-on-year increase of 72.88%. Total profit was ¥961,631,528.99, a year-on-year increase of 68.95%. Net profit attributable to shareholders of the parent company was ¥408,861,465.49, a year-on-year increase of 1.05%. The progress of the main business during the reporting period is as follows:

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