301280SZSE

Summary of the 2025 Annual Report

✨ AI Summary

This announcement summarizes Zhejiang Zhucheng Technology Co., Ltd.'s 2025 annual report, highlighting a revenue increase of 9.73% to approximately CNY 1.76 billion and a net profit rise of 12.53% to about CNY 209.98 million. The company focuses on electronic connectors, with strategic plans for acquisitions to enhance growth and market share. Investors are encouraged to read the full report for comprehensive insights into financial performance and future strategies.

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Full Translation

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Important Notice

This annual report summary is derived from the full annual report. To fully understand the company's operating results, financial status, and future development plans, investors should carefully read the full annual report published in designated media by the China Securities Regulatory Commission. All directors attended the board meeting to review this report. Tianjian Accounting Firm (Special General Partnership) provided a standard unqualified audit opinion on the company's financial report for this year. Non-standard audit opinion notice: □ Applicable ☒ Not applicable. The company was not profitable at the time of listing and is currently not profitable: □ Applicable ☒ Not applicable. The profit distribution plan or capital reserve transfer plan reviewed by the board during the reporting period: ☒ Applicable □ Not applicable. The profit distribution plan approved by the board is: based on 136,780,140 shares, a cash dividend of CNY 2 per 10 shares (tax included) will be distributed to all shareholders, with no bonus shares (tax included), and a transfer of 4 shares per 10 shares from capital reserves to all shareholders. The preferred stock profit distribution plan approved by the board during this reporting period: ☒ Applicable □ Not applicable.

Company Overview

  1. Company Profile

    • Stock Abbreviation: Zhucheng Technology
    • Stock Code: 301280
    • Stock Exchange: Shenzhen Stock Exchange
    • Contact Person and Information:
      • Board Secretary: Qi Chengbo
      • Securities Affairs Representative: Li Tingting
      • Office Address: No. 201, Wei Fifteen Road, Leqing Economic Development Zone, Zhejiang Province
      • Fax: 0577-62830070
      • Phone: 0577-62830070
      • Email: qicb@zuch.cn, litingting@zuch.cn
  2. Main Business or Product Overview

    • (1) Main Business and Products The company is a high-tech enterprise focused on the research, development, production, and sales of electronic connectors, with capabilities in the design, manufacturing, and assembly of precision molds for electronic connectors. The products are mainly applied in consumer appliances, while the automotive, new energy, industrial, and communication sectors are important future development directions. The company aims to provide safe, efficient, and intelligent connector solutions to customers, supported by highly lean, automated, and information-based manufacturing equipment, establishing a digital smart factory to offer multi-specification, high-quality precision connector products to downstream customers.
    • (2) Main Products The company's main products are electronic connectors, categorized based on end-use markets and customer needs into "appliance connectors," "automotive connectors," "industrial connectors," "communication connectors," and "connectors for other fields." Appliance connectors are primarily sold to major appliance manufacturers such as Midea, Haier, Gree, Hisense, and Xiaomi, as well as component manufacturers like Derun Electronics and Sanyuan Group. Automotive connectors are mainly sold to automotive parts manufacturers such as Ruipulan Jun, Zhiqu New Energy, and Tianhai Electronics, as well as automotive manufacturers like BYD, Tesla, Geely, Chery, Changan, SAIC, Leap Motor, and Xiaomi. Industrial connectors are primarily sold to robot manufacturers like Ubtech and KUKA. Communication connectors are mainly sold to component manufacturers such as Amphenol, Molex, and AVIC Optoelectronics, serving domestic and international server equipment and component manufacturers, as well as communication system operators and equipment manufacturers. Connectors for other fields are mainly sold to energy storage/photovoltaic equipment manufacturers like Dingke Energy and Yiyuan Holdings, and two-wheeled electric vehicle manufacturers like Ninebot Technology.

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