Shenzhen Qiangrui Precision Technology Co., Ltd. 2025 Annual Board of Directors Work Report
In 2025, the Board of Directors of Shenzhen Qiangrui Precision Technology Co., Ltd. (hereinafter referred to as "the Company") strictly adhered to the Company Law, Securities Law, and other relevant regulations, as well as the Articles of Association, to fulfill its responsibilities. The board actively conducted its work with a commitment to all shareholders, diligently implementing the responsibilities assigned by the shareholders' meeting, effectively safeguarding the legitimate rights and interests of the Company and all shareholders, and ensuring the Company's standardized operation and sustainable development. The main work of the Board of Directors in 2025 is reported as follows:
1. Overall Business Performance in 2025
| Item | 2025.12.31 | 2024.12.31 | Change Ratio |
|---|---|---|---|
| Total Assets (10,000 Yuan) | 211,264.10 | 158,519.24 | 33.27% |
| Equity Attributable to Parent Company (10,000 Yuan) | 91,685.75 | 87,195.42 | 5.15% |
| Asset-Liability Ratio (Parent Company) | 48.59% | 38.29% | Increase of 10.3 percentage points |
| Asset-Liability Ratio (Consolidated) | 50.82% | 41.38% | Increase of 9.44 percentage points |
| Operating Revenue (10,000 Yuan) | 181,894.18 | 112,653.00 | 61.46% |
| Net Profit Attributable to Parent Company (10,000 Yuan) | 14,165.07 | 9,754.77 | 45.21% |
| Net Profit Attributable to Parent Company after Deducting Non-Recurring Gains and Losses (10,000 Yuan) | 13,463.21 | 9,214.87 | 46.10% |
| Basic Earnings per Share (Yuan/Share) | 1.3694 | 0.9430 | 45.22% |
| Diluted Earnings per Share (Yuan/Share) | 1.3694 | 0.9430 | 45.22% |
| Weighted Average Return on Equity | 15.02% | 10.97% | Increase of 4.05 percentage points |
| Net Cash Flow from Operating Activities (10,000 Yuan) | 13,314.53 | 4,739.99 | 180.90% |
| Cash Dividends (10,000 Yuan) | 8,275.30 | 4,433.20 | 86.67% |
| R&D Investment as a Percentage of Operating Revenue | 7.34% | 9.14% | Decrease of 1.8 percentage points |
During the reporting period, the Company achieved operating revenue of ¥181,894.18 million, an increase of approximately 61% compared to the same period last year. This growth was primarily due to the Company's continued focus on the smart terminal product sector and rapid expansion into smart vehicles, AI servers, and semiconductor equipment, achieving varying degrees of growth in these four areas. Additionally, the Company expanded its product application areas into the robotics sector through the acquisition of Shenzhen Xuyida Brushless Motor Co., Ltd., resulting in new revenue increments.
The Company achieved a net profit attributable to the parent company of ¥14,165.07 million, an increase of approximately 45% from the previous year, mainly due to rapid revenue growth and stricter control over various period expenses in 2025. The combined expense ratio of sales, management, R&D, and financial expenses decreased from 16.70% in 2024 to 14.80%.
2. Corporate Governance in 2025
In 2025, the Company continuously improved its corporate governance structure and the rules for shareholders' meetings and board meetings, enhanced internal control measures, strengthened internal control supervision and inspection, and standardized corporate operations.
- The Board of Directors conducted corporate governance in accordance with laws and regulations and the requirements of the shareholders' meeting, ensuring the Company's standardized operations. Each specialized committee operated in accordance with the Company Law, Securities Law, and the powers specified in the working rules designated by the Board of Directors, conducting research on professional matters and providing opinions and suggestions for the Board's decision-making reference. This year, the members of the Board of Directors and each specialized committee fully exercised their rights and diligently performed their duties, laying a solid foundation for building a sound corporate governance structure.