2025 Annual Board of Directors Work Report

Shenzhen Yibo Technology Co., Ltd. 2025 Annual Board of Directors Work Report

Shenzhen Yibo 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," the "Securities Law of the People's Republic of China," the "Management Measures for Independent Directors of Listed Companies," the "Shenzhen Stock Exchange GEM Listing Rules," and the "Self-Regulatory Guidelines for Listed Companies No. 2 - Standardized Operations of GEM Listed Companies," as well as relevant regulations, departmental rules, normative documents, the "Articles of Association," and the "Rules of Procedure for Board Meetings." The Board has effectively carried out its work around the Company's development strategy and annual operational goals. The Board has diligently fulfilled its responsibilities assigned by the shareholders' meeting, continuously standardized corporate governance, fully safeguarded the rights and interests of the Company and all shareholders, implemented the resolutions of the shareholders' meeting, and actively promoted the improvement of corporate governance and the healthy and stable development of the business. In terms of operational management, the Board and all directors have performed their duties diligently, made scientific decisions, and actively promoted the continuous, healthy, and stable development of the Company's various businesses, leading all employees to work diligently and steadfastly towards operational goals, solidly carrying out various tasks. In terms of standardized operations, the Board has continued to enhance the Company's standardized operation and governance level according to the latest requirements from regulatory authorities, optimized the governance structure, continuously improved risk prevention mechanisms, and further refined the Company's governance rules and regulations, continuously enhancing the Company's standardized operation and governance level. The following is the work report of the Board of Directors for the year 2025 (hereinafter referred to as the "reporting period"):

I. Overall Business Situation of the Company in 2025

(1) Main Operating Conditions During the Reporting Period

During the reporting period, faced with a complex domestic and international macroeconomic environment and geopolitical conditions, we adhered to the firm belief of "technology as the spear, customer as the shield," overcoming challenges such as weak demand from some downstream customers, rising costs, intensified market competition, and the ramp-up of new production capacity. We actively adapted to changes in market demand, optimized service quality, enhanced technical capabilities, and standardized corporate governance, achieving remarkable results. Not only did we successfully navigate the cycle, but we also achieved steady revenue growth in adversity. The Company's sustainable development capability and core competitiveness have further improved, laying a solid foundation for long-term sustainable development in the future.

Main Operating Data and Financial Indicators