Dear Directors:
In 2025, the board will strictly adhere to the Company Law, Securities Law, and relevant regulations, implementing the company's articles of association and board rules. The board will focus on promoting the healthy development of the company and advancing project work.
I. Major Economic Situation of the Company in 2025
2025 is the second year of the "14th Five-Year Plan." As global economic trends evolve, China's economy is expected to grow steadily, with a projected GDP increase of 14.9 trillion yuan. The company aims to achieve sustainable development through innovation and efficiency improvements.
During the reporting period, the company achieved operating income of 605,592.34 million yuan, an increase of 14.25%. The net profit attributable to shareholders was 18,890.35 million yuan, up 34.03%. The net profit margin was 17,215.57 million yuan, reflecting a growth of 6.82%. The key focus for 2025 will be:
- Strengthening business operations and promoting quality development.
1.1 Business Operations
During the reporting period, the company’s business segment achieved operating income of 83,199.57 million yuan, an increase of 8.33%. The TPV segment grew by 16.26%. The company will focus on enhancing core competitiveness in the TPV industry, ensuring superior technology and high-quality products.
1.2 Modified Plastic Business
During the reporting period, the modified plastic business achieved operating income of 439,942.78 million yuan, an increase of 16.60%. The company will enhance customer engagement and develop new products in the modified plastic sector.