I. Overall Business Overview
In 2025, the company achieved operating revenue of ¥694,897,637.90, an increase of 11.91% compared to the same period last year; net profit attributable to shareholders of the listed company was ¥64,491,680.27, up 51.04% year-on-year; net profit attributable to shareholders after deducting non-recurring gains and losses was ¥60,142,780.86, a 46.55% increase; basic earnings per share was ¥0.50, an increase of 51.52% compared to the previous year. During the reporting period, the company's operations showed an upward trend, with both revenue and profit achieving double-digit growth. This was mainly due to the recovery of the manufacturing industry and the increase in warehousing and logistics volume, which boosted demand in the forklift market, leading to increased sales and revenue. The penetration rate of electric forklifts continued to rise, and the company adjusted and optimized its product structure in line with market trends, with the sales proportion of electric forklift transmission products increasing. These products, with their high gross profit margins, became the core driving force behind the overall growth of the company's performance. For specific operational details, please refer to Section 3 "Management Discussion and Analysis" of the 2025 Annual Report.
II. Main Work of the Board of Directors
(A) Board Meetings
This year, the company's board of directors held five meetings, making decisions on relevant company matters in strict accordance with the requirements of the Company Law, Articles of Association, and Board Meeting Rules. All directors attended the meetings without any absences. The specific details of the board meetings are as follows: