2025年年度报告（英文版）

Guangdong Haid Group Co., Ltd. 2025 Annual Report 1 Section 1 Important Tips, Table of Contents and Interpretation The board of directors, directors and senior management of the company guarantee that the contents of the annual report are true, accurate and complete, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities. Xue Hua, the person in charge of the company, Yang Shaolin, the person in charge of accounting work, and Yang Shaolin, the person in charge of the accounting organization (accounting officer), hereby confirm that the financial report in this annual report is true, accurate and complete. All directors attended the board meeting at which the report was considered. Forward-looking statements such as the company's future plans covered in this report do not constitute a material commitment of the company to any investors and related parties. Investors are advised to be aware of investment risks. 1. The risk of abnormal weather affecting the periodic fluctuations of the feed industry The feed industry mainly serves the downstream aquaculture industry. When natural factors such as high temperature, extreme cold, rain, typhoon and other natural factors change abnormally during the breeding process, there may be large fluctuations in the nu mber of breeding stocks and storage ponds, and even large-scale outbreaks of diseases, which will affect the demand for feed, and there will be a risk of 2 phased or regional demand fluctuations. For example, continuous rainfall will reduce the dissolved oxygen saturation of the water body, deteriorate the water quality, affect the feeding of aquatic animals, cause farmers to passively reduce feeding, and some aquatic products will not adapt to the drastic changes in the environment and even die, which will affect the short-term aquatic feed demand; Floods caused by heavy rainfall in the region in the short term will lead to the loss of aquatic products and livestock and poultry breeding, which will affect the normal feed demand. After floods, animal epidemics are prone to occur and occur frequently, which will also adversely affect the production and operation of feed enterprises. Risk response measures: (1) The company is currently deploying factories and developing local markets in major breeding regions such as South China, Central China, East China, and North China, as well as overseas markets such as Southeast Asia, Latin America, and Africa. The expansion of the regional layout can effectively deal with the risks of abnormal weather and natural disasters in local areas; (2) Continuously improve the service ability of farmers, through the joint empowerment of feed, seedlings and animal protection, provide scientific breeding plans, and provide corresponding guidance from the company's technical personnel to improve farmers' anti-risk ability and breeding competitiveness, and reduce the adverse effects caused by abnormal wea