StockCode:000725,200725StockName:BOE-A,BOE-BAnnouncementNo.2026-016
BOETECHNOLOGYGROUPCO.,LTD.ANNUALREPORT2025(SUMMARY)PartIImportantNotesThisSummaryisbasedonthefullAnnualReportofBOETechnologyGroupCo.,Ltd.(togetherwithitsconsolidatedsubsidiaries,the“Company”,exceptwherethecontextotherwiserequires).InorderforafullunderstandingoftheCompany’soperatingresults,financialpositionandfuturedevelopmentplans,investorsshouldcarefullyreadtheaforesaidfullreport,whichhasbeendisclosedtogetherwiththisSummaryonthemediadesignatedbytheChinaSecuritiesRegulatoryCommission(the“CSRC”).AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary.Independentauditor’smodifiedopinion:
□Applicable?NotapplicableBoard-approvedfinaldividendand/orbonusissueplans:
?Applicable□NotapplicableBonusissuefromcapitalreserves:
□Yes?NoTheBoardhasapprovedafinaldividendplanfortheReportingPeriod.Basedon37,044,328,064shares,acashdividendofRMB0.56(taxinclusive)per10sharesistobedistributedtoalltheshareholders,withnobonusissuefromeitherprofitorcapitalreserves.Board-approvedfinalcashand/orstockdividendplanforpreferenceshareholders:
□Applicable?NotapplicableThisReportanditssummaryhavebeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionsshallprevail.
PartIIKeyCorporateInformation
1.StockProfile
| Stockname | BOE-A,BOE-B | Stockcode | 000725,200725 |
| Stockexchangeforstocklisting | ShenzhenStockExchange | ||
| Previousstockname(ifany) | N/A | ||
| Contactinformation | BoardSecretary | SecuritiesRepresentative | |
| Name | GuoHong | LuoWenjie | |
| OfficeAddress | 12XihuanMiddleRoad,BeijingEconomic-TechnologicalDevelopmentArea,P.R.China | 12XihuanMiddleRoad,BeijingEconomic-TechnologicalDevelopmentArea,P.R.China |
| Fax | 010-64366264 | 010-64366264 |
| Tel. | 010-60965555 | 010-60965555 |
| E-mailaddress | guohong@boe.com.cn | luowenjie@boe.com.cn |
2.PrincipalOperationsorProductsintheReportingPeriod
(I)AbouttheCompanyInconstantpursuitofexcellence,BOETechnologyGroupCo.,Ltd.isaninnovativeIoTcompanydedicatedtoprovidingintelligentinterfaceproductsandprofessionalservicesforinformationinteractionandhumanhealth.With“ToBetheMostRespectedCompanyonEarth”asitsvisionand,BOEalwayskeepsinmindthemissionof“ChangeLifewithBOEDisplayEverywhere”,upholdsthecorevaluesof“Integrity&Reliability,DedicationtoCustomers,BeingPeople-oriented,OpennessandInnovation”,aswellasadherestothebusinessphilosophyof“DoingtheRightThing,InnovationandProgressSeeking”.Ithasbeencontinuouslystrengtheningtheconstructionofitsindustrialecosystemandenhancingitsvaluecreationcapabilities.Upondecadesofrelentlessefforts,BOEhasgrownintoaworldleaderinthedisplayindustryandaglobalinnovativecompanyintheIoTsector.Adheringtoa“market-oriented,international,andprofessional”developmentapproach,ithasbuiltasignificantnumberofintelligentmanufacturingbasesinBeijing,Hefei,Chengdu,Chongqing,Fuzhou,Mianyang,Wuhan,Kunming,Ordos,Nanjing,etc.,withsubsidiariesacrossmanycountriesandregionsincludingtheUnitedStates,Germany,Japan,SouthKorea,Singapore,India,Brazil,andtheUnitedArabEmirates,aswellasabusinessnetworkthatcoversmajorregionsoftheworld,suchasEurope,Americas,Asia,andAfrica.BOEaimstoprovidecustomerswithbetterproductsandmorethoughtfulserviceexperiencewithitswell-establishedglobalnetworkandadiverseproductandservicesystem.ToadapttoanIoTera,BOEhasputforwardthedevelopmentstrategyof“EmpowerIoTwithDisplay”initsIoTtransformation.Takingintoaccountmarketconditionsandbusinesscharacteristics,BOEhasputinplaceabusinessdevelopmentarchitectureof“1+4+N+Ecosystem”toensuretheexecutionandimplementationofitsstrategies.Specifically:
“1”representsdisplay,whichisthecorecapacityandqualityresourcesaccumulatedbyBOE,aswellasthesourceandoriginofthedevelopmentstrategyof“EmpowerIoTwithDisplay”.“4”referstoIoTInnovation,Sensor,MLED,andSmartEngineeringMedicine.Thesearethehigh-potentialtrackschosenbyBOEbasedonitscorestrengthsandvaluechainextension,representingthedevelopmentdirectionsofthedevelopmentstrategyof“EmpowerIoTwithDisplay”.“N”referstothesubdividedapplicationscenariosofIoTthatarecontinuouslyexploredandcultivatedbyBOE,aswellasthespecificfocusofthedevelopmentstrategyof“EmpowerIoTwithDisplay”.“Ecosystem”isanenablingplatformforthecollaborativedevelopmentofBOE’sinnovativeecosystemandanimportantguaranteeforthedevelopmentstrategyof“EmpowerIoTwithDisplay”.(II)AbouttheCompany’sprincipaloperations
1.TheDisplayDevicesbusinessTheDisplayDevicesbusinessoffersintegrateddesignandmanufacturingservicesfordevices,andiscommittedtoprovidinginterfacedevicesapplyingTFT-LCD,AMOLEDandothertechnologies,focusingonprovidingcustomerswithhigh-qualitydisplaydevicesforsmartphones,tabletPCs,laptops,monitors,TVs,vehicles,etc.
2.TheIoTInnovationbusinessTheIoTInnovationbusinessoffersintegrateddesignandmanufacturingservicesforsystemsolutions,andprovidescustomerswithcompetitivesmartterminalproductsfortablets,laptops,monitors,TVs,low-powerdevices,IoT,3Ddisplay,etc.ByintegratingAIandbigdatacapabilities,BOEprovidesinnovativeIoTproductsandservicesthatcombinesoftwareandhardware.
3.TheSensorbusinessTheSensorbusinessoffersintegrateddesignandmanufacturingsolutions,focusesonFPXD,smartdisplaywindows,industrialsensors,MEMS,andglasspackagingsubstrates,andprovidescustomerswithproductsandservicesincludingbackplatesforflatpanelX-raydetectors(FPXD),intelligentPDLCwindowsandPDLCsystemsolutions,consumerelectronicsandindustrialapplicationsolutions,andadvancedpackagingsubstrates,amongothers.
4.TheMLEDbusinessTheMLEDbusinessprovidesLEDsolutionswithintegratedR&D,manufacturingandmarketingservices.Focusedondevicesandsolutions,thisbusinessrendersLEDbacklightproductswithhighqualityandreliabilityforTVs,monitors,notebooks,vehicles,etc.,aswellasMini/Micro-LEDdisplayproductswithhighbrightness,highreliabilityandhighcontrastforsegmentmarketsofoutdoor,commercial,transparent,specializedandotherdisplays.
5.TheSmartEngineeringMedicinebusinessTheSmartEngineeringMedicinebusinessadoptsaprofessionalservicemodeltoprovideproducts,servicesandsolutionsinrelationtomedicalcare,smartnursing,medical-engineeringintegration,etc.Meanwhile,thisbusinessiscommittedtoprovidingaclosedloopofthrough-lifehealthserviceswithhealthmanagementasthecore,medicalterminalsasthetraction,anddigitalhospitalsandrecreationalcommunitiesasthesupport.Itconnectstestingequipment,healthcareworkersandcustomersthroughthesmarthealthmanagementecosystemwherecustomersenjoyprofessionalhealthservicesincludingprevention,treatment,therapyandnursing.
6.The“N”businessWithaspecificfocusonthe"N"business,theCompanyprovideshardwareandsoftwareintegratedsystemsolutionsfordifferentsegments,includingintelligentcarnetworking,smartenergy,industrialIoT,UHDdisplay,etc.,whichcanprovidecustomerswithmulti-functionalandsmartnewexperienceunderIoTscenarios.Intermsofintelligentcarnetworking,BOEfocusesontheintelligentcockpit"HERO"innovativeapplicationscenarios,joinshandswithglobalpartnerstoprovidenewexperienceofintelligentcockpitscenarios,andpromotesthecontinuousupgradingoffull-scenariointelligentsolutions,representinganewleadingecosystemofinnovativeandintelligenttravel.Intermsofthesmartenergybusiness,BOEfocusesonzero-carbonintegratedenergyservices.WithBESastheempoweringplatform,itrevolvesaroundvariousaspectsof"source-grid-load-storage-carbon."Itoffersazero-carbonimplementationpathof"sourcedecarbonization,processdecarbonization,endnegativecarbon,andintelligentcarbonmanagement,"providingcustomerswithcomprehensiveenergyservicesandutilization,andzero-carbonsolutions.IntermsoftheindustrialIoTbusiness,BOEiscommittedtoprovidingindustrialsoftware,intelligentmanufacturingsolutionsforthepan-semiconductorindustry.Leveragingoverthreedecadesofindustryexperience,BOEofferspan-semiconductorindustrialsoftware,industrialAI,smartfactoryservices,andotherproductsandservices,continuouslydrivinghigh-qualitydevelopmentacrosstheindustry.TheUHDdisplaybusinessadherestothe"UHD×digitalization"strategy,continuouslypromotingthewideapplicationofUHDtechnologyinfieldssuchassmartgovernmentandenterpriseservices,finance,transportation,industrialparks,andvisualarts.ItiscommittedtoembeddingUHDintomorescenarios,providingabetterexperience,achievinghigherefficiency,andcreatingmorevalue.Ithasindependentlydesignedandbuilttheworld'sfirst8K+5G+22.2UHD3Dsoundbroadcastingvehicle,representingapioneeringbreakthroughinthedomestic8KUHDcompleteproductionandbroadcastingsystem.
3.KeyFinancialInformation
(1)KeyFinancialInformationofthePastThreeYears
Indicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow.
□Yes?No
Unit:RMB
| Item | 31December2025 | 31December2024 | Changeof31December2025on31December2024(%) | 31December2023 |
| Totalassets | 436,378,322,803.00 | 429,978,221,541.00 | 1.49% | 419,187,099,795.00 |
| Equityattributabletothelistedcompany’sshareholders | 134,478,628,806.00 | 132,937,555,308.00 | 1.16% | 129,428,307,067.00 |
| Item | 2025 | 2024 | 2025-on-2024change(%) | 2023 |
| Operatingrevenue | 204,590,222,888.00 | 198,380,605,661.00 | 3.13% | 174,543,445,895.00 |
| Netprofitattributabletothelistedcompany’sshareholders | 5,856,966,754.00 | 5,323,248,974.00 | 10.03% | 2,547,435,360.00 |
| Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalgainsandlosses | 4,230,339,525.00 | 3,837,124,867.00 | 10.25% | -632,561,344.00 |
| Netcashgeneratedfrom/usedinoperatingactivities | 48,824,555,674.00 | 47,737,577,379.00 | 2.28% | 38,301,826,884.00 |
| Basicearningspershare(RMB/share) | 0.16 | 0.14 | 14.29% | 0.06 |
| Dilutedearningspershare(RMB/share) | 0.16 | 0.14 | 14.29% | 0.06 |
| Weightedaveragereturnonequity(%) | 4.39% | 4.05% | 0.34% | 1.89% |
(2)KeyFinancialInformationbyQuarter
Unit:RMB
| Item | Q1 | Q2 | Q3 | Q4 |
| Operatingrevenue | 50,598,933,939.00 | 50,679,248,196.00 | 53,269,817,390.00 | 50,042,223,363.00 |
| Netprofitattributabletothelistedcompany’sshareholders | 1,613,999,380.00 | 1,632,886,399.00 | 1,354,611,315.00 | 1,255,469,660.00 |
| Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalgainsandlosses | 1,351,864,713.00 | 930,371,818.00 | 896,919,685.00 | 1,051,183,309.00 |
| Netcashgeneratedfrom/usedinoperatingactivities | 13,743,795,736.00 | 8,992,511,350.00 | 14,038,311,177.00 | 12,049,937,411.00 |
IndicatebytickmarkwhetheranyofthequarterlyfinancialdatainthetableaboveortheirsummationsdiffersmateriallyfromwhathavebeendisclosedintheCompany’squarterlyorinterimreports.
□Yes?No
4.ShareCapitalandShareholderInformationatthePeriod-End
(1)NumbersofOrdinaryShareholdersandPreferredShareholderswithResumedVotingRightsaswellasHoldingsofTop10Shareholders
Unit:share
| Numberofordinaryshareholdersattheperiod-end | 995,792(including966,309A-shareholdersand29,483B-shareholders) | Numberofordinaryshareholdersatthemonth-endpriortothedisclosureofthisReport | 981,480(including952,576A-shareholdersand28,904B-shareholders) | ||||||
| Top10shareholders(exclusiveofshareslentinrefinancing) | |||||||||
| Nameofshareholder | Natureofshareholder | Shareholdingpercentage | Totalsharesheldattheperiod-end | Restrictedsharesheld | Sharesinpledge,markedorfrozen | ||||
| Status | Shares | ||||||||
| BeijingState-ownedCapitalOperationandManagementCompanyLimited | State-ownedlegalperson | 10.86% | 4,063,333,333 | 0 | N/A | 0 | |||
| HongKongSecuritiesClearingCompanyLtd. | Foreignlegalperson | 7.38% | 2,760,058,253 | 0 | N/A | 0 | |||
| BeijingBOEInvestment&DevelopmentCo.,Ltd. | State-ownedlegalperson | 2.20% | 822,092,180 | 0 | N/A | 0 | |||
| BeijingJingGuoruiSoeReformandDevelopmentFund(L.P.) | Other | 1.92% | 718,132,854 | 0 | N/A | 0 | |||
| IndustrialandCommercialBankofChinaCo.,Ltd.-Huatai-PinebridgeCSI300Exchange-TradedFund | Other | 1.62% | 605,300,047 | 0 | N/A | 0 | |||
| FuqingHuirongVentureCapitalCo.,Ltd. | Domesticnon-state-ownedlegalperson | 1.44% | 538,599,640 | 0 | Inpledge | 21,000,000 | |||
| ChinaConstructionBankCo.,Ltd.-EFundCSI300InitiatingExchange-TradedFund | Other | 1.16% | 432,588,523 | 0 | N/A | 0 | |||
| PerseveranceAssetManagement-PerseveranceXiaofengNo.2ZhixinFund | Other | 0.94% | 352,000,000 | 0 | N/A | 0 | |||
| IndustrialandCommercialBankofChinaCo.,Ltd.-ChinaCSI300Exchange-TradedFund | Other | 0.88% | 330,121,300 | 0 | N/A | 0 | |||
| ChinaForeignEconomyandTradeTrustCo.,Ltd.-FOTIC-PerseveranceXiaofengHongyuanCollectiveFundsTrustPlan | Other | 0.86% | 320,988,907 | 0 | N/A | 0 | |||
| Relatedoracting-in-concertpartiesamongtheshareholdersabove | 1.BeijingState-ownedCapitalOperationandManagementCompanyLimitedindirectlyheld100%equitiesofBeijingJingguoruiInvestmentManagementCo.,Ltd.anddirectlyheld77.5918%sharesofBeijingJingGuoruiSoeReformandDevelopmentFund(L.P.);BeijingJingguoruiInvestmentManagementCo.,Ltd.isthegeneralpartnerofBeijingJingGuoruiSoeReformandDevelopmentFund(L.P.).Inaddition,amongtheninemembersoftheInvestmentDecision-MakingCommitteeofBeijingJingGuoruiSoeReformandDevelopmentFund(L.P.),threearenominatedbyBeijingState-ownedCapitalOperationandManagementCompanyLimited.2.Exceptfortheaboverelationships,theCompanydoesnotknowanyotherconnectedpartyoracting-in-concertpartyamongthetop10shareholders. | ||||||||
| Shareholdersinvolvedinsecuritiesmargintrading(ifany) | N/A | ||||||||
Note:Thetotalnumberofordinaryshareholdersatthemonth-endpriortothedisclosureofthisReportisthetotalnumberofordinaryshareholdersoftheCompanyasat20March2026.
5%orgreatershareholders,top10shareholdersandTop10unrestrictedshareholdersinvolvedinrefinancingshareslending
□Applicable?NotapplicableChangesintop10shareholdersandtop10unrestrictedshareholdersduetorefinancingshareslending/returncomparedwiththepriorperiod
□Applicable?Notapplicable
(2)NumberofPreferredShareholdersandShareholdingsofTop10ofThem
□Applicable?NotapplicableNopreferredshareholdersintheReportingPeriod.
(3)OwnershipandControlRelationsbetweentheActualControllerandtheCompany
Notes:1.Afterthenon-publicissuingoftheCompanyin2014,BeijingState-ownedCapitalOperationandManagementCompanyLimitedhandedover70%ofthesharesdirectlyheldbyittoBeijingElectronicsHoldingsCo.,Ltd.formanagementthroughStockManagementProtocol,andBeijingElectronicsHoldingsCo.,Ltd.gainedtheincidentalshareholders’rightsexceptfordisposingrightandusufructoftheshares,ofwhichtherest30%votingrightmaintainedunanimouswithBeijingElectronicsHoldingsCo.,Ltd.throughtheagreementaccordingtoImplementationProtocolofVotingRight.
2.Duringthenon-publicissuingoftheCompanyin2021,BeijingJingGuoruiSoeReformandDevelopmentFund(L.P.)signedtheActing-in-ConcertAgreementwithBeijingElectronicsHoldingsCo.,Ltd.
5.OutstandingBondsattheDatewhenthisReportWasAuthorizedforIssue?Applicable□Notapplicable
(1)BondProfile
| Bondname | Abbr. | Bondcode | Dateofissue | Maturity | Balance(RMB’0,000) | Couponrate |
| ThePublicOfferingofBOE | 25BOEK1 | 524305.SZ | 13June2025 | 13June2030 | 200,000 | 1.94% |
| TechnologyGroupCo.,Ltd.ofTechnologicalInnovationCorporateBonds(FirstTranche)in2025toProfessionalInvestors | ||||||
| ThePublicOfferingofBOETechnologyGroupCo.,Ltd.ofTechnologicalInnovationCorporateBonds(SecondTranche)in2025toProfessionalInvestors | 25BOEK2 | 524510.SZ | 6November2025 | 6November2030 | 100,000 | 1.95% |
| ThePublicOfferingofBOETechnologyGroupCo.,Ltd.ofTechnologicalInnovationCorporateBonds(ThirdTranche)in2025toProfessionalInvestors | 25BOEK3 | 524530.SZ | 14November2025 | 14November2030 | 100,000 | 1.95% |
| ThePublicOfferingofBOETechnologyGroupCo.,Ltd.ofTechnologicalInnovationCorporateBonds(FirstTranche)in2026toProfessionalInvestors | 26BOEK1 | 524641.SZ | 23January2026 | 23January2031 | 100,000 | 2.06% |
| ThePublicOfferingofBOETechnologyGroupCo.,Ltd.ofTechnologicalInnovationCorporateBonds(SecondTranche)in2026toProfessionalInvestors | 26BOEK2 | 524715.SZ | 19March2026 | 19March2031 | 100,000 | 1.97% |
| The2025FirstTrancheofMedium-TermNotes(TechnologicalInnovationNotes)ofBOETechnologyGroupCo.,Ltd. | 25BOEGroupMTN001(TechnologicalInnovationNotes) | 102581768 | 23April2025 | 24April2035 | 200,000 | 2.23% |
| The2025SecondTrancheofTechnologicalInnovationBondsofBOETechnologyGroupCo.,Ltd. | 25BOEGroupMTN002(TechnologicalInnovationBonds) | 102582067 | 13May2025 | 14May2035 | 100,000 | 2.23% |
| The2025ThirdTrancheofTechnologicalInnovationBondsofBOETechnologyGroupCo.,Ltd. | 25BOEGroupMTN003(TechnologicalInnovationBonds) | 102582615 | 24June2025 | 25June2028 | 100,000 | 1.77% |
| The2025FourthTrancheofTechnologicalInnovationBondsofBOETechnologyGroupCo.,Ltd. | 25BOEGroupMTN004(TechnologicalInnovationBonds) | 102582852 | 10July2025 | 11July2030 | 100,000 | 1.70% |
| The2025FifthTrancheofTechnologicalInnovationBondsofBOETechnologyGroupCo.,Ltd. | 25BOEGroupMTN005(TechnologicalInnovationBonds) | 102583095 | 24July2025 | 25July2028 | 100,000 | 1.70% |
| The2025SixthTrancheofTechnologicalInnovationBondsofBOETechnologyGroupCo.,Ltd. | 25BOEGroupMTN006 | 102583387 | 8August2025 | 11August2028 | 100,000 | 1.79% |
| (TechnologicalInnovationBonds) | ||
| BondredemptionandinterestpaymentduringtheReportingPeriod | Notinvolved | |
(2)LatestRatingandRatingChange
On27June2025,ChinaLianheCreditRatingCo.,Ltd.issuedtheFollow-upRatingReport2025forBOETechnologyGroupCo.,Ltd.(Lianhe[2025]No.4433).AccordingtotheReport,theissuerwasgrantedwithacorporatelong-termcreditratingofAAAwitha“Stable”outlook.
(3)SelectedFinancialInformationoftheCompanyforthePastTwoYears
Unit:RMB'0,000
| Item | 2025 | 2024 | Change |
| Debt/assetratio | 52.46% | 52.43% | 0.03% |
| Netprofitbeforeexceptionalgainsandlosses | 423,034 | 383,712 | 10.25% |
| EBITDA/debtratio | 33.97% | 32.25% | 1.72% |
| Interestcover(times) | 3.01 | 2.17 | 38.71% |
PartIIISignificantEvents
1.TheCompanydisclosedtheAnnouncementonNotExercisingtheIssuer’sRenewalOptionforthe2022PublicOfferingofRenewableCorporateBondsofBOE(forprofessionalinvestors)(DigitalEconomy)(PhaseI)(AnnouncementNo.2025-008)on11February2025,andthethirdanniversaryof22BOEY1fellon25March2025.AccordingtotherelevantprovisionsoftheProspectusandtheListingDeclaration,theCompanydecidesnottoexercisetherenewaloptionofbondissuer.Thatis,thecurrentbondsweretobefullyredeemed.AstheCompanydisclosedtheAnnouncementontheRedemptionofthePrincipalandInterestofthe"22BOEY1"CorporateBondsandtheDe-listingoftheBonds(AnnouncementNo.2025-010)on21March2025,itwouldpaytheinterestofthebondsgeneratedbetween25March2024and24March2025,aswellastheprincipalofthebonds,on25March2025,andde-listthebonds.
2.TheCompanydisclosedtheAnnouncementonthePublicOfferingofCorporateBondstoProfessionalInvestorsObtainingRegistrationApprovalfromtheCSRC(AnnouncementNo.2024-052)on9October2024.TheCompanyreceivedtheCSRCPermit[2024]No.1330,whichagreedtotheCompany'spublicofferingofcorporatebondswithanaggregatenominalvalueofnomorethanRMB10billiontoprofessionalinvestors.
| Bondname | Abbr. | Bondcode | Dateofissue | Maturity |
| ThePublicOfferingofBOETechnologyGroupCo.,Ltd.ofTechnologicalInnovationCorporateBonds(FirstTranche)in2025toProfessionalInvestors | 25BOEK1 | 524305.SZ | 12June2025to13June2025 | 13June2030 |
| ThePublicOfferingofBOETechnologyGroupCo.,Ltd.ofTechnologicalInnovationCorporateBonds(SecondTranche)in2025toProfessionalInvestors | 25BOEK2 | 524510.SZ | 5November2025to6November2025 | 6November2030 |
| ThePublicOfferingofBOETechnologyGroupCo.,Ltd.ofTechnologicalInnovationCorporateBonds(ThirdTranche)in2025toProfessionalInvestors | 25BOEK3 | 524530.SZ | 13November2025to14November2025 | 14November2030 |
| ThePublicOfferingofBOETechnologyGroupCo.,Ltd.ofTechnologicalInnovationCorporateBonds | 26BOEK1 | 524641.SZ | 22January2026to23January2026 | 23January2031 |
| (FirstTranche)in2026toProfessionalInvestors | ||||
| ThePublicOfferingofBOETechnologyGroupCo.,Ltd.ofTechnologicalInnovationCorporateBonds(SecondTranche)in2026toProfessionalInvestors | 26BOEK2 | 524715.SZ | 18March2026to19March2026 | 19March2031 |
3.TheCompanydisclosedtheAnnouncementonResolutionsofthe1stExtraordinaryGeneralMeetingin2025(AnnouncementNo.2025-002),AnnouncementonResolutionsofthe1stMeetingofthe11thBoardofDirectors(AnnouncementNo.2025-005)andAnnouncementonResolutionsofthe1stMeetingofthe11thSupervisoryCommittee(AnnouncementNo.2025-006)on15January2025,whichreviewedandapprovedproposalsrelatedtogeneralelectionandcompletedthegeneralelection.Formoredetails,pleaserefertorelevantannouncements.TheCompanydisclosedtheAnnouncementonResignationofSeniorManagement(AnnouncementNo.2025-057)on10July2025,duetojobtransfer,Mr.GuoHuapingappliedforresignationasSeniorVicePresidentandChiefCulturalOfficerandwillnotholdanypositionintheCompanyoranyofitsmajority-ownedsubsidiariesafterhisresignation.On23September2025,theCompanydisclosedtheAnnouncementontheElectionofanEmployeeDirector(AnnouncementNo.2025-071).On22September2025,theCompany’stradeunionconvenedtheCompany’sWorkersCongress,whichelectedMr.LiYangasanemployeedirectorofthe11thBoardofDirectors.On11October2025,theCompanydisclosedtheAnnouncementontheResignationofaDirector(AnnouncementNo.2025-074).Forpersonalreasons,Mr.GaoWenbaoappliedtoresignfromhispositionsasaDirector,ViceChairmanandmemberofthespecialcommitteesoftheBoardofDirectors.Followinghisresignation,henolongerholdsanypositionintheCompanyoritsmajority-ownedsubsidiaries.On31October2025,theCompanydisclosedtheAnnouncementontheElectionoftheViceChairmanofthe11thBoardofDirectors(AnnouncementNo.2025-078).TheBoardofDirectorselectedMr.WangXipingasViceChairmanofthe11thBoardofDirectors,withthetermofofficecommencingfromthedateofelectionattheBoardmeetingandendingonthedateofexpiryofthetermofthecurrentsessionoftheBoard.On31October2025,theCompanydisclosedtheAnnouncementontheElectionoftheNon-IndependentDirectorofthe11thBoardofDirectors(AnnouncementNo.2025-077),andon18November2025,theAnnouncementontheResolutionsoftheThirdExtraordinaryGeneralMeetingofShareholdersin2025(AnnouncementNo.2025-089),announcingtheelectionofMs.FengLiqiongasanon-independentdirectorofthe11thBoardofDirectors.
4.The4thMeetingofthe11thBoardofDirectorsandthe2024AnnualGeneralMeetingofShareholdersoftheCompanyreviewedandapprovedtheProposalonChangingtheUseofRepurchasedSharesandCancelingThem,andon22April2025,theCompanydisclosedtheAnnouncementonChangingtheUseofRepurchasedSharesandCancelingThem(AnnouncementNo.2025-030).TheCompanyintendedtochangetheuseof228,882,900sharesheldinthespecialrepurchasesecuritiesaccountfrom“tobeusedfortheimplementationoftheCompany’sequityincentiveplan”to“tobecanceledwithacorrespondingreductionintheCompany’sregisteredcapital”,andwouldproceedwiththerelevantcancellationproceduresinaccordancewiththeapplicableregulations.On3June2025,theCompanydisclosedtheAnnouncementontheCompletionoftheCancellationofRepurchasedSharesandtheResultingChangeinShareCapital(AnnouncementNo.2025-041).On29May2025,theCompanycompletedthecancellationof228,882,900treasuryshareswiththeChinaSecuritiesDepositoryandClearingCorporationLimitedShenzhenBranch.FollowingtheapprovaloftheProposalontheRepurchaseofSomePublicSharesattheFourthMeetingofthe11thBoardofDirectorsandthe2024AnnualGeneralMeetingofShareholders,theCompanydisclosedtheAnnouncementontheRepurchaseofSomePublicShares(AnnouncementNo.2025-029)on22April2025,andtheReportontheRepurchaseofSomePublicShares(AnnouncementNo.2025-045)on10June2025.On6June2025,theCompanydisclosedtheVoluntaryInformationDisclosureAnnouncementonReceivingaLetterofLoanCommitmentandObtainingFinancingSupportforShareRepurchase(AnnouncementNo.2025-044).TheCompanyreceivedaLetterofLoanCommitmentissuedbyBeijingBranchofChinaConstructionBankCorporation,committingtoprovidetheCompanywithaspecialloanofRMB1.8billionforsharerepurchase.TheCompanycarriedoutthefirstrepurchaseon30June2025anddisclosedtheAnnouncementontheFirstRepurchaseofSomePublicShares&ShareRepurchaseProgress(AnnouncementNo.2025-055)on1July2025.On6January2026,theCompanydisclosedtheAnnouncementontheCompletionoftheImplementationoftheShareRepurchaseProgramandtheResultoftheRepurchase(AnnouncementNo.2026-001).Thesharerepurchasewasactuallycarriedoutduringtheperiodfrom30June2025to31December2025.Asat31December2025,theCompanyhasimplementedtherepurchaseoftheCompany's
sharesbymeansofcentralizedbiddingthroughaspecialsecuritiesaccountfortherepurchase,andthecumulativenumberofASharesrepurchasedwas369,552,400,accountingforapproximately1.0064%oftheCompany'sASharesand0.9877%oftheCompany'stotalsharecapital,withthehighesttransactionpriceofRMB4.26pershareandthelowesttransactionpriceofRMB3.83pershare.ThetotalamountpaidwasRMB1,500,060,240.57(exclusiveoftransactioncosts).TheaboverepurchaseoftheCompanywasinlinewiththerequirementsofrelevantlawsandregulations,aswellastheestablishedrepurchaseprogramoftheCompany.On12January2026,theCompanydisclosedtheAnnouncementontheCompletionoftheCancellationofRepurchasedSharesandtheResultingChangeinShareCapital(AnnouncementNo.2026-003).On8January2026,theCompanycompletedthecancellationof369,552,400repurchasedshareswiththeChinaSecuritiesDepositoryandClearingCorporationLimitedShenzhenBranch.
5.On19June2025,theCompanydisclosedtheAnnouncementontheDistributionofthe2024FinalDividend(AnnouncementNo.2025-053).Asthe2024FinalDividendPlanhadbeenapprovedatthe2024AnnualGeneralMeetingofShareholderson23May2025,theCompanydistributeda2024finaldividendofRMB0.5per10shares(dividendtoB-shareholderspaidinHKDaccordingtothecentralparityrateofRMBandHKDdeclaredbythePeople’sBankofChinaonthefirstworkingdayimmediatelyafterthedateoftherelevantgeneralmeetingresolution),withnobonusissuefromeitherprofitorcapitalreserves.
| Overviewofsignificantevent | Disclosuredate | Disclosurewebsite |
| AnnouncementontheVoluntaryDisclosureoftheProposedAcquisitionofPartialEquityInterestinXianyangCHOTOptoelectronicsTechnologyCo.,Ltd. | 18June2025 | www.cninfo.com.cn |
ChairmanoftheBoard(signature):Mr.ChenYanshunDateoftheBoard’sapprovalofthisReport:30March2026