海康威视2025年半年度报告（英文版）

Hangzhou Hikvision Digital Technology Co., Ltd. 2025 Half Year Report January to June 2025 August 2, 2025 Hikvision 2025 Half Year Report 1 Section I Important Notes, Contents and Definitions The Board of Directors, Board of Supervisors, directors, supervisors and senior management of Hangzhou Hikvision Digital Technology Co., Ltd. (hereinafter referred to as the "Company") hereby guarantee that the information presented in this report shall be together be wholly liable for the truthfulness, accuracy and completeness of its contents and free of any false records, misleading statements or material omissions, and will undertake individual and joint legal liabilities. Hu Yangzhong, the Company's legal representative, Jin Yan, the person in charge of the accounting work, and Zhan Junhua, the person in charge of accounting department (accounting supervisor) hereby declare and warrant that the financial statements in this half year report are authentic, accurate and complete. All directors of the Company have attended the board meeting to review this report. The half year proposal of profit distribution or share distribution from capital reserve passed upon deliberation at the meeting of the Board of Directors (not applicable): The Company will not distribute cash dividend, distribute bonus shares, or distribute shares from capital reserve during the current reporting period. Note: This document is a translated version of the Chinese version 2025 Half Year Report (2025 年半年度报告), and the published announcements in the Chinese version shall prevail. The complete published Chinese 2025 Half Year Report may be obtained at www.cninfo.com.cn. Hikvision 2025 Half Year Report 2 Please read the half year report and pay particular attention to the following risk factors: (1) Risks of domestic economic transformation: Continuous adjustments in fiscal spending and real estate investment markets, the expectation for healthy economic development across society still needs to be strengthened, and trade protectionist policies implemented by some overseas countries pose challenges to domestic enterprises’ export capabilities. The economy is still in the process of transformation and upgrading. The Company empowers economic and social digital transformation with AIoT technologies and products, promoting new productivity development. However, transformation and upgrading cannot be achieved overnight, and structural pressures in the economy and society will persist over the long term. Fluctuations during this process will continue to impact the Company’s business operations. (2) Global economic downside risks: Individual countries intensifying trade protection policies, some major economies experiencing slower growth, uneven development across regions, and continuous fluctuations in the macroeconomic environment. The Company diversifies its operational risks acros