Dear Directors,
In 2025, the company faced economic fluctuations and rapid changes in the e-commerce environment, which impacted international trade. The company actively responded to these challenges and promoted economic work. Under the leadership of the board, the company adhered to the principles of the "Company Law" and the "Securities Law," and other relevant regulations. The company focused on expanding its business operations and enhancing its core competencies. The work situation for 2025 is as follows:
1. Key Business Indicators
As of December 31, 2025, the company's total assets amounted to 1,856.07 million yuan, with total liabilities of 1,030.69 million yuan, and a net profit margin of 29.95%.
In 2025, the company achieved an operating income of 1,026.87 million yuan, a decrease of 11.31% compared to the previous year. The net profit attributable to shareholders of the listed company was 819.58 million yuan, a decrease of 8.88%. The net profit attributable to non-controlling interests was 214.92 million yuan, a decrease of 5.96%.
2. Regular Board Meeting Work Situation
(1) 2025 Board Meeting Schedule and Content
During the reporting period, the company held 6 board meetings. The schedule and content of the meetings are as follows:
| No. | Session | Meeting Date |
|---|---|---|
| 1 | Fourth Board Meeting | April 25, 2025 |
| 2 | Sixth Board Meeting | July 10, 2025 |
| 3 | Seventh Board Meeting | August 28, 2025 |
| 4 | Eighth Board Meeting | September 11, 2025 |
| 5 | Ninth Board Meeting | October 29, 2025 |
| 6 | Tenth Board Meeting | December 8, 2025 |