2025年年度报告（英文版）

Full Text of the Annual Report 2025 of Shenzhen Topband Co., Ltd.1Annual ReportShenzhen Topband Co., Ltd.Stock codeTopbandFull Text of the Annual Report 2025 of Shenzhen Topband Co., Ltd.2Annual Report 2025Section I Important Notes, Contents and DefinitionsThe Board of Directors, directors, and senior executives of the Company hereby guaranteethat the content set out in the Annual Report is free from false records, misleading statements ormajor omissions, and undertake joint and several liabilities for the authenticity, accuracy andintegrity of the Report.Wu Yongqiang, the principal of the Company, Luo Muchen, the accounting head, and LuoMuchen, the accounting department head (the accountant in charge) hereby guarantee the truth,accuracy and completeness of the financial statements in this Annual Report.All directors have attended the Board Meeting at which this Annual Report was deliberated.Forward-looking statements such as future plans and development strategies covered in theReport involve uncertainties, so they do not represent the Company's profit forecasts, nor are theyregarded as the substantive commitment to investors.The Company has no material risks that affect its financial position and sustainedprofitability, and the potential risks to which the Company may be exposed are described in detailin Section III "Management Discussion and Analysis" of the Report. Investors are kindlyreminded to pay attention to relevant content.The profit distribution plan approved by the Board of Directors of the Company: cashdividends of RMB 0.7 (tax inclusive) per 10 shares are paid to all shareholders based on the1,228,789,388 shares (excluding the repurchased shares) and 0 bonus share (tax inclusive), andreserves would not be converted into share capital.The Report is prepared in Chinese and translated into English. Should there be anydiscrepancies or misunderstandings between the two versions, the Chinese version shall prevail.Full Text of the Annual Report 2025 of Shenzhen Topband Co., Ltd.3Chairman's StatementDear shareholders, partners, and all friends caring about Topband,30 Years of TopbandIn 2026, Topband will celebrate its 30th anniversary. 30 years ago, we started with adomestically produced air conditioner control board. Now, we have expanded gradually tofields such as home appliances, tools, new energy, vehicles, and high-end equipment, andestablished an intelligent control technology product system with the "four electrics and onenetwork" at its core. Relying on long-term experience, the Company's revenue exceeded RMB10 billion for the first time in 2024, becoming the first enterprise to break through thismilestone in China's intelligent control industry; in 2025, the Company's business scaleexpanded steadily, and the Company also launched AI cloud storage and charging systems,taking the first step in the field of autonomous intelligence.Over the past three decades, Topband has shipped over 1.8 billion sets, applied for 3,915patents, establ