Shenzhen Dazhu CNC Technology Co., Ltd. (hereinafter referred to as "the Company") Board of Directors strictly adheres to the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Shenzhen Stock Exchange GEM Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 2 - Standard Operation of GEM Listed Companies," and other relevant laws and regulations, as well as the "Articles of Association of Shenzhen Dazhu CNC Technology Co., Ltd." (hereinafter referred to as "the Articles of Association") and the "Rules of Procedure for Board Meetings." The board diligently fulfills its responsibilities entrusted by the shareholders' meeting, actively carries out various board tasks, and ensures the company's sound operation and sustainable development. The main work report of the board for 2025 is as follows:
I. Overall Business Performance in 2025
During the reporting period, the Company achieved operating revenue of CNY 577,293.55 million, operating profit of CNY 93,113.74 million, and net profit attributable to the parent company's owners of CNY 82,426.79 million. After deducting non-recurring gains and losses, the net profit was CNY 82,132.28 million, representing increases of 72.68%, 183.73%, 173.68%, and 290.92% compared to the previous year. Driven by the continuous increase in global AI computing center infrastructure investment, there is strong demand for high-layer boards and high-density interconnect (HDI) boards used in AI servers and high-speed switches, significantly boosting the enthusiasm of downstream PCB manufacturing enterprises for capacity expansion, leading to a substantial increase in the market size of PCB processing equipment.
The Company focuses on AI computing scenarios, seizing industry growth opportunities, continuously enhancing product technology capabilities, and actively expanding production capacity, resulting in significant growth in operating revenue. At the same time, the competitiveness of high-value products such as CCD mechanical drilling machines and high-precision four-wire testers has been continuously improved, with a substantial increase in the sales proportion of related products, further optimizing the Company's revenue structure and steadily increasing profit levels.
In 2025, the Company consistently implemented the strategy of "becoming the most respected and trusted PCB equipment service provider globally," deeply binding with leading industry clients to jointly promote the implementation of comprehensive quality management solutions covering people, machines, materials, methods, environment, and measurement (5M1E). The focus has shifted from enhancing product technology capabilities to improving the competitiveness of comprehensive process solutions, gaining recognition from top global end customers, and steadily increasing the Company's overall visibility.
With the rapid rise in AI computing demand and the rapid growth of the high-layer board market, the Company collaborates with leading industry clients to tackle challenges, supporting the mass production of high-layer boards for servers and switches with transmission rates of 112Gbps SerDes and above. In the high-layer HDI board market, the Company continuously introduces innovative process solutions, breaking through existing bottlenecks and pain points, further solidifying market competitiveness. In the traditional PCB market, the Company continuously enhances the comprehensive performance of various products and actively seizes opportunities for industry technology upgrades, gaining higher market shares and deepening relationships with leading industry clients. Additionally, in 2025, the PCB expansion projects in Southeast Asian countries accelerated, and the Company participated early in clients' overseas production planning, firmly grasping opportunities for new equipment, resulting in significant growth in overseas market business.
II. Conduct of Daily Board Work
(1) Board Meetings Held This Year
In 2025, the Company held a total of 10 board meetings. The convening and conducting procedures, qualifications of attendees, voting procedures, voting results, and resolutions were all conducted in accordance with laws and regulations, the Articles of Association, and the Rules of Procedure for Board Meetings. The specific situation is as follows: