通威股份有限公司2025年年度报告（英文版）

2025 Annual Report of Tongwei Co., Ltd.1/273Stock Code:600438Short Name: Tongwei Co., LtdTongwei Co., Ltd.2025 Annual Report2025 Annual Report of Tongwei Co., Ltd.2/273Important NoticeI.The board of directors, as well as directors, and senior managers of the Company areresponsible for the authenticity, accuracy and completeness of the information contained in thisAnnual Report without false records, misleading statements or material omissions, and assumejoint and several liability therefor.II.All directors of the Company have been present in the board meeting.III.Sichuan Huaxin (Group) CPA (Special General Partnership) has expressed a standardunqualified opinion on the financial statements of the Company.IV.Liu Shuqi, Head of the Company, Zhou Bin, Head of accounting affairs and Gan Lu, Head ofaccounting department represent that they are responsible for the authenticity, accuracy andcompleteness of the financial statements in this Annual Report.V.The proposal on profit distribution or the proposal on conversion of capital reserve to sharecapital for current period resolved in the board meetingAfter comprehensive evaluation of industry trends, corporate developmental phase, and actualoperational performance, Tongwei’s Board has determined to retain 2025 earnings to safeguardlong-term shareholder value and ensure sustainable development capital requirements. The current profitallocation proposal, involving neither cash dividends, capital reserve conversions, nor bonus sharedistributions, fully complies with regulatory requirements including the No. 3 Guideline for theSupervision of Listed Companies – Cash Dividends of Listed Companies and the Articles of Associationof Tongwei Co., Ltd.It is crucial to note that this profit distribution proposal has not been submitted to the general meeting ofshareholders.Uncovered losses of the parent company as well as its impact on the Company’s dividenddistribution and other matters by the end of the reporting period□ Applicable √ Not ApplicableVI. Cautionary note on forward-looking statement√ Applicable □ Not ApplicableThe forward-looking statements of the Company regarding its future development strategies andbusiness plans do not constitute any substantial commitment of the Company to investors; and investorsshould pay attention to risks.2025 Annual Report of Tongwei Co., Ltd.3/273VII. Any funds possessed by the controlling shareholder and other related parties fornon-operating purposes?NoVIII. Any outward guarantee by the Company in violation of the prescribed decision-makingprocedures?NoIX. More than half of the directors cannot ensure the truthfulness, accuracy, and completeness ofthe annual report disclosed by the Company?NoX.Notice on material risksThe Company had detailed possible risks in this Report. Please refer to VI “discussion and analysison the Company’s future development” in Section III Management Discussion and Analysis for moreinformation on possible risks and actions.XI. Others□ Applicable