Beijing Zhongke Haixun Digital Technology Co., Ltd. 2025 Annual Report of the Board of Directors
In 2025, Beijing Zhongke Haixun Digital Technology Co., Ltd. (hereinafter referred to as the "Company")'s Board of Directors, in strict accordance with the "Company Law," "Securities Law," and other laws and regulations, as well as the "Articles of Association" and "Rules of Procedure for Board of Directors Meetings," conscientiously fulfilled its duties entrusted by the shareholders' meeting, earnestly implemented all resolutions passed by the shareholders' meeting, protected the interests of shareholders and the company, continuously improved the company's governance level, and continuously enhanced the company's standardized operation capabilities, ensuring the company's sustained, healthy, and stable development. The report on the work of the Company's Board of Directors for 2025 is as follows:
I. Overall Operating Situation in 2025
(I) Operating Situation
- In terms of profit, the company has deeply cultivated its main business, expanded into civilian products, steadily advanced key businesses, and achieved remarkable results in diversified development.
During the reporting period, the company's special product revenue structure was significantly optimized compared to the same period last year, with a good trend of diversified product development. The audited operating revenue reached 31,156.17 million yuan, an increase of 31.68% compared to the audited operating revenue of 23,386.59 million yuan in the same period last year. In accordance with the relevant provisions of the procurement system of the special products department, some products sold by the company require price appraisal by the special products department. The company re-estimated the best estimate of variable consideration for projects that required price appraisal in the current and previous years. The amount of variable consideration adjustment was confirmed in the current period. Due to the change in the best estimate, the current operating revenue was reduced by 2,966.79 million yuan, a decrease of 4,717.14 million yuan compared to the same period last year, a year-on-year decrease of 1,750.35 million yuan.
During the reporting period, the company's total operating cost was 32,631.69 million yuan, an increase of 25.46% compared to the same period last year. Among them: ① Some projects in the acoustic big data and simulation training system directions were R&D contracts. To ensure project quality and delivery progress, project costs were high. At the same time, projects in the data computing center direction were mainly for external procurement of hardware, and the project implementation cycle was long, resulting in high project costs. Affected by the comprehensive impact of the above factors, the operating cost this year increased by 6,831.44 million yuan compared to the same period last year, and the growth rate of operating cost was higher than that of operating revenue. ② The company adheres to the orientation of refined management, continuously improves operational efficiency, and strengthens cost control. During the period, expenses decreased by 304.30 million yuan compared to the same period last year, achieving positive results in quality improvement and efficiency enhancement.