Work Report of the Board of Directors of Zhongwei New Materials Co., Ltd. for 2025
In 2025, the Board of Directors strictly adhered to the Company Law, Securities Law, Management Measures for Information Disclosure of Listed Companies, Shenzhen Stock Exchange GEM Listing Rules, and other relevant regulations, as well as the Company’s Articles of Association. The Board executed all resolutions from the shareholders' meetings, actively promoted the implementation of Board resolutions, continuously standardized the corporate governance structure, and diligently improved the company's operations and governance level. The following is the report on the Board's work in 2025:
1. Overall Business Performance in 2025
During the reporting period, benefiting from the rapid growth of the global new energy market and the continuous release of the company's integrated production capacity, the company achieved total sales of battery materials (nickel-based, cobalt-based, phosphorus-based, sodium-based) exceeding 420,000 tons. Centered around the "New Four Modernizations" strategy of "technological diversification, global development, intelligent operations, and industrial ecology," the company ensured continuous capacity release and improved market share through a customer-oriented service approach, leading to sustained growth in performance. The company achieved operating revenue of 48.14 billion yuan, a year-on-year increase of 19.68%; net profit attributable to shareholders was 1.567 billion yuan, a year-on-year increase of 6.84%; at the end of the reporting period, total assets were 81.608 billion yuan, an increase of 11.76% from the end of the previous year; net assets attributable to shareholders were 24.135 billion yuan, an increase of 19.83% from the end of the previous year.
2. Main Work of the Board of Directors in 2025
(1) Board Meetings
In 2025, the company held a total of 15 Board meetings. The convening and procedures of the meetings, qualifications of attendees, voting procedures, voting results, and resolutions complied with legal regulations and the Company’s Articles of Association. All directors attended the meetings. The specific details are as follows: