300131SZSE

Shenzhen Inovance Technology Co., Ltd. 2025 Annual Report Summary

✨ AI Summary

This report summarizes Shenzhen Inovance Technology's 2025 performance, highlighting revenue growth in electronic components distribution and advancements in chip design and manufacturing. Key initiatives include expanding MEMS micro-mirror projects and developing automotive display chips. The company is also pursuing strategic acquisitions to enhance its industry position and transition towards an integrated semiconductor IDM enterprise.

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Shenzhen Inovance Technology Co., Ltd. 2025 Annual Report Summary

Securities Code: 300131 Securities Abbreviation: Inovance Technology Announcement No.: 2026-014

I. Important Notice

This annual report summary is derived from the full annual report. To fully understand the company's operating results, financial condition, and future development plans, investors should carefully read the full annual report on the media designated by the China Securities Regulatory Commission.

All directors attended the board meeting to deliberate on this report.

The audit opinion of Zhonghuan Certified Public Accountants (Special General Partnership) on the company's financial report for the year was: Standard unqualified opinion. Non-standard audit opinion notice □ Applicable Not applicable The company was not profitable at the time of listing and has not yet achieved profitability. □ Applicable Not applicable Profit distribution plan or capital reserve to share capital increase plan for the reporting period deliberated by the board of directors □ Applicable Not applicable The company plans not to distribute cash dividends, not to send bonus shares, and not to convert capital reserve to share capital. As of the end of the reporting period, the undistributed profit on the company's parent company's financial statements was -2,665.61 million yuan, and the undistributed profit on the consolidated financial statements was 55,474.72 million yuan. The company currently does not meet the conditions for cash dividend distribution. In the future, the company will continue to strengthen its operational management, improve its operating performance, and take other equivalent measures in a timely manner to provide investors with stable and long-term returns. Preferred stock profit distribution plan for the reporting period approved by the board of directors □ Applicable Not applicable

II. Company Basic Information

  1. Company Profile
Stock AbbreviationStock ExchangeStock Code
Inovance TechnologyShenzhen Stock Exchange300131
NameContact Person and Contact InformationBoard SecretarySecurities Affairs Representative
Li HaoMin Wenlei
Registered Address
Shenzhen Bao'an District, Xin'an Street, Haiwang Community, Hainabailian Headquarters Building, Tower B, 8th Floor
Fax0755-26613854
Telephone0755-86140392
Emailyitoa_stock@yitoa.com
  1. Brief Introduction of Main Business or Products in the Reporting Period

• (I) Main Business The company's main business during the reporting period is the distribution of electronic components, chip design and manufacturing, and software research and development and sales.

  1. Electronic Component Distribution Business

In 2025, China's electronic component distribution industry has seen a comprehensive recovery after a period of cyclical adjustment. Domestic policies such as "trade-in" have effectively stimulated downstream market demand for electronic components. At the same time, driven by the rapid iteration of AI technology and the explosive growth in computing power demand, the recovery of the new energy vehicle and consumer electronics markets, and the national policy to promote the transformation of manufacturing towards digitalization and intelligence, have further positively impacted the electronic component distribution sector. Against this backdrop, the company, relying on its strong channel service capabilities and stable cooperative relationships with upstream and downstream customers, achieved operating income of 5,150,742,900 yuan in the distribution business segment, an increase of 5.51% year-on-year.

Currently, the company's electronic component distribution products include passive components, memory components, touch display components, semiconductor components, module components, electronic materials, and other types of electronic components. The company is an authorized distributor for many first-tier brands, and its main product lines cover consumer electronics, automotive electronics, and industrial manufacturing.

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