1. Overall Business Performance in 2025
In 2025, the company achieved operating revenue of 546 million yuan, a year-on-year increase of 17.22%; net profit attributable to shareholders was 87.81 million yuan, a year-on-year decrease of 7.98%; net profit attributable to shareholders after deducting non-recurring gains and losses was 76.10 million yuan, a year-on-year increase of 15.83%.
2. Main Work of the Board of Directors in 2025
(1) Implementation of the 2025 Business Plan
In 2025, the Board continued to play a core role in corporate governance, diligently performing daily tasks, actively supervising management to implement the annual business plan and objectives, and strictly checking execution. Directors maintained a diligent attitude, leveraging their professional advantages to provide reasonable suggestions for the company's development, effectively enhancing the Board's strategic decision-making capability and ensuring normal business management.
(2) Improvement of Corporate Governance Structure
In 2025, the company held 2 shareholder meetings and 10 Board meetings. Each specialized committee of the Board performed its duties with integrity, diligence, professionalism, and efficiency, and all resolutions made in meetings were legal and valid. The Board ensured that the convening and procedures of shareholder meetings complied with relevant laws, regulations, and the Articles of Association, and executed all resolutions from previous shareholder meetings. The internal control system was sound, and the level of corporate governance continued to improve.
(3) Strengthening Information Disclosure and Insider Information Management
The company strictly followed relevant laws and regulations for information disclosure, ensuring the quality of disclosures, with content that was true, accurate, and complete, without false records, misleading statements, or significant omissions. The company also enhanced confidentiality awareness among relevant personnel, controlled the scope of insider information recipients, and maintained a register of insider information recipients to prevent leaks or insider trading.
(4) Protecting Investor Rights and Enhancing Investor Confidence
The Board emphasized the protection of investor rights through genuine and effective communication, guiding investors to form a value investment concept. In 2025, the company held 1 online performance briefing and participated in 1 collective performance briefing for the semi-annual report, helping investors understand the company's situation in a timely manner and enhancing their confidence.
3. Board Operations
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Election of an Independent Director
Independent Director Mr. Xu Liyun's term expired on May 9, 2025, and he submitted a resignation application, also resigning from the Audit Committee of the fifth Board. To ensure the normal operation of the Board, the company held the 2024 annual shareholder meeting on April 18, 2025, and elected Mr. Fan Liuqin as an independent director of the fifth Board, with a term from May 10, 2025, to May 7, 2027. -
Adjustment of Corporate Governance Structure
During the reporting period, in accordance with the latest laws and regulations, the company adjusted its governance structure, abolishing the supervisory board and transferring its powers to the Audit Committee of the Board. Director Mr. Jing Zisen resigned from his position as a non-independent director and was elected as a representative director by the employee representative assembly on December 15, 2025. -
Board Meeting Situation
In 2025, the Board held a total of 10 meetings, with the convening and voting procedures complying with relevant laws and regulations. The details are as follows: