Report Preparation Instructions
This report is the second consecutive Environmental, Social and Governance (ESG) report published by Shenzhen Ugreen Technology Co., Ltd. (stock code: 301606.SZ). It focuses on showcasing the company's management methods and performance in sustainable development, aiming to promote stakeholders' understanding of the company's practices in advancing sustainability.
Organizational Scope
The scope of this report covers Shenzhen Ugreen Technology Co., Ltd. and its subsidiaries. The content regarding corporate governance, environmental protection, employee and community responsibilities is consistent with the scope of Ugreen Technology's consolidated financial statements, except where specifically noted.
Time Frame
The information disclosed in this report covers the period from January 1, 2025, to December 31, 2025 (referred to as "this year" or "the reporting period"). To enhance the report's comparability and forward-looking nature, some content extends moderately into previous years. The report is published annually, aligned with the financial year.
Reliability Assurance
The content and data in this report are derived from Ugreen Technology's actual operational records or financial reports. Unless otherwise specified, the financial data disclosed in the report is denominated in Renminbi. This report was reviewed and approved by the board of directors on March 27, 2026, ensuring impartial information disclosure and confirming the absence of false records, misleading statements, or significant omissions.
Reference Notes
For ease of expression, Shenzhen Ugreen Technology Co., Ltd. is referred to as "Ugreen Technology," "the company," "our company," or "we" in this report. The subsidiaries mentioned in this report include Shenzhen Zhize Technology Co., Ltd. (referred to as "Shenzhen Zhize"), Huizhou Zhize Technology Co., Ltd. (referred to as "Huizhou Zhize"), Shenzhen Haiying Intelligent Link Industrial Co., Ltd. (referred to as "Haiying Intelligent Link" or "Haiying"), Ji'an Haiying Technology Co., Ltd. (referred to as "Ji'an Haiying"), Dongguan Ugreen Supply Chain Service Co., Ltd. (referred to as "Dongguan Ugreen"), America Ugreen Limited (referred to as "Ugreen USA"), Hong Kong Ugreen Limited (referred to as "Ugreen Hong Kong"), and Ugreen Group GmbH (referred to as "Ugreen Germany").
Access Methods
This report is published in both Simplified Chinese and English versions. In case of any discrepancies between the versions, the Simplified Chinese version shall prevail. The electronic version can be accessed on the company's official website www.lulian.cn.
Preparation Basis
This report is prepared in accordance with the "Self-Regulatory Guidelines for Listed Companies No. 17 - Sustainability Reports (Trial)" issued by the Shenzhen Stock Exchange, and references the "Sustainability Reporting Standards 2021" (GRI Standards 2021) published by the Global Reporting Initiative (GRI), the "Sustainability Accounting Standards" (SASB Standards) published by the Sustainability Accounting Standards Board (SASB), and the United Nations Sustainable Development Goals (UN SDGs).
Chairman's Statement
Dear partners, investors, and friends from all walks of life:
In today's world, where generative AI is driving changes in the global value chain, the evolution of technology brings not only an efficiency revolution but also the imperative of how to innovate responsibly and ensure that technology truly serves humanity. Ugreen Technology firmly believes that the value of the digital age lies in building trustworthy connections, warm products, and sustainable ecosystems.
In 2025, we continue to deepen our focus on Ugreen NAS private cloud, consistently implementing the "user-centered" philosophy—from reliable hardware configurations and user-friendly software ecosystems to free high-speed remote access and practical pricing, ensuring every user has a comfortable experience.
During the reporting period, the company achieved annual revenue of 9.491 billion yuan, a year-on-year increase of 53.83%, and was awarded titles such as "Shenzhen Headquarters Enterprise" and "Shenzhen Well-Known Brand." The market is changing, technology is evolving, but we remain committed to "becoming a valuable and warm global brand," ensuring that every advancement is sustainable and every innovation resonates.