Securities Code: 002475 Bond Code: 128136 Securities Abbreviation: Luxshare Precision Bond Abbreviation: Luxshare Convertible Bond Announcement Number: 2026-039
Luxshare Precision Industry Co., Ltd. Announcement on the Progress of the "Quality Return and Double Improvement" Action Plan
The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Luxshare Precision Industry Co., Ltd. (hereinafter referred to as the "Company"), in conjunction with its own development strategy, operating conditions, and financial situation, has formulated the "Quality Return and Double Improvement" Action Plan (hereinafter referred to as the "Action Plan") to protect the interests of all shareholders, enhance investor confidence, and promote the Company's long-term healthy and sustainable development. The specific content of the plan can be found in the "Announcement on the Progress of the 'Quality Return and Double Improvement' Action Plan" (Announcement Number: 2024-007) disclosed by the Company on February 18, 2024. Currently, with the deepening of capital market reforms and the continuous promotion of high-quality development requirements, the Company is actively practicing in accordance with the established goals of the Action Plan, focusing on its core business, strengthening innovation and development, improving operational efficiency, and optimizing shareholder returns. The specific progress of the 2025 Action Plan is hereby announced as follows:
I. Deepening Core Business, Focusing on Digital and Intelligent Empowerment
In 2025, facing a complex global macroeconomic environment and evolving supply chain landscape, as a leading global provider of precision intelligent manufacturing solutions, we uphold the mission of "committed to leading technology, achieving global partner dreams" and adhere to the belief of being a "ferryman" to continuously provide deep empowerment and support to leading brands in various fields globally.
This year, the Company has strategically upgraded on two dimensions: First, the global production network has become increasingly complete. Building on existing overseas production capacity in Vietnam, and with the successful acquisition and integration of Germany's Leoni Group, the Company's overseas manufacturing footprint has fully covered Southeast Asia, Europe, North Africa, and the Americas, precisely meeting customers' urgent demand for globalization and localization delivery under the new geopolitical normal. Second, vertical integration capabilities have been continuously deepened. Through the in-depth integration of ODM/OEM businesses and R&D teams, we have achieved seamless integration from original design and underlying process development to full lifecycle mass production and quality control. By deeply engaging in the entire process of product design, R&D, production, and after-sales service for our customers, we have built a highly flexible and resilient comprehensive competitiveness.
[Chart: Company's global manufacturing footprint expansion]