Shenzhen Sunsea Co., Ltd.
2025 Annual Board of Directors Work Report
In 2025, the Board of Directors strictly followed the "Company Law," "Securities Law," "Administrative Measures for Information Disclosure of Listed Companies," "Administrative Measures for Independent Directors of Listed Companies," "Stock Listing Rules of the Shenzhen Stock Exchange," "Shenzhen Stock Exchange Main Board Listed Company Self-Regulatory Management Guide No. 1 - Standardized Operation of Main Board Listed Companies," and the "Articles of Association," among other laws, regulations, normative documents, and the company's relevant systems. The company continuously improved its corporate governance structure, established and improved its internal management and control systems, deeply carried out corporate governance activities, and continuously standardized its operations, thereby enhancing its corporate governance level. The Board diligently fulfilled its duties entrusted by the company and shareholders, operated in a standardized and efficient manner, and made prudent and scientific decisions on major matters. It conscientiously implemented all resolutions passed by the shareholders' meeting and diligently carried out all work, effectively ensuring the company's high-quality, stable, and sustainable development.
The main work of the Board of Directors in 2025 is as follows:
Part 1: Review of Major Work in 2025
I. Main Operating Conditions of the Company in 2025
In 2025, the company, guided by the development theme of "Gathering Strength to Ride the Tide, Seizing the Opportunity to Advance," firmly established its confidence, consolidated consensus, and pooled its strength. Through initiatives such as upgrading all-domain retail capabilities, transforming distribution to empowerment services, and expanding into emerging overseas markets, the company continuously enhanced the value of its sales and service network. The company promoted AI-powered applications across all scenarios, strengthened data-driven operations and risk control, and continuously improved digital and intelligent operational efficiency. Facing new market competition and consumption trends, the company continued to optimize its business structure, further enhancing its all-domain smart retail capabilities and overseas business implementation. During the reporting period, the company achieved operating revenue of RMB 55,222,201,707.95, total profit of RMB 602,382,172.19, and net profit of RMB 425,611,158.82. Its operating performance and efficiency ranked among the industry leaders.
II. Board of Directors Operations in 2025
(I) Fulfillment of Duties in Accordance with Law, Standardized and Efficient Operation
During the reporting period, the Board of Directors fully played its core role in corporate governance and strictly followed the requirements of laws and regulations such as the "Company Law," "Articles of Association," and "Rules of Procedure for Board Meetings." All directors of the company fulfilled their duties with integrity and diligence, attended board and shareholder meetings, actively participated in relevant training organized by regulatory bodies or the company, familiarized themselves with relevant laws and regulations, and were able to independently fulfill their duties without external influence, paying close attention to safeguarding the interests of the company and all shareholders.
The company's Board of Directors has established four special committees: the Strategy Committee, the Nomination Committee, the Audit Committee, and the Remuneration and Assessment Committee. Each committee performs its duties to provide professional opinions and references for the Board's decision-making.
- Board Meeting Convening Situation