During the Year, amid the transformation of the global energy landscape, the Group continuously optimised its industrial layout, and maintained technological innovation as its growth engine, thereby advancing along a path of high-quality sustainable development, including:

• Revenue reached approximately RMB54,400 million.
• Profit attributable to owners of the Company amounted to approximately RMB361 million.
• The Group has upheld its market- and customer-oriented principles, while continuously advancing upgrades in products, channels, brands and services, further consolidating its market position. Its comprehensive strength and market presence has been consistently recognised by the market and authoritative institutions. The Group continued to rank among the "Top 500 Chinese Enterprises" (中國企業500強), "Top 500 Chinese Private-owned Enterprises" (中國民營企業500強), "Top 500 Chinese Enterprises in Manufacturing Industry" (中國製造業企業500強) and "Top 500 Private-owned Enterprises in China’s Manufacturing Industry" (中國製造業民營企業500強). It has also been included in prestigious lists such as the "Top 500 Chinese Energy Enterprises" (中國能源企業500強), "Fortune Top 500 Chinese Companies" (《財富》中國500強), "Global Top 500 New Energy Enterprises"(全球新能源企業500強) and "Top 500 Chinese Enterprises in Patent Strength" (中國企業專利實力500強).

During the Year, the electric bicycle industry in the People's Republic of China (the "PRC") entered a critical stage of policy refinement and standard upgrading. The new "Safety Technical Specifications for Electric Bicycles" (《電動自行車安全技術規範》) (the "New National Standard") officially took effect on 1 September 2025. Together with the extension of the electric bicycle trade-in policy by the Ministry of Commerce of the PRC and other relevant authorities, this has established a dual-wheel-drive framework of "standard guidance and consumption stimulation". The New National Standard has further raised industry thresholds, while the trade-in policy has effectively unleashed demand for stock replacement and incremental purchases. These two favorable policies, coupled with the continuous expansion of commercial applications such as e-commerce logistics and urban delivery services, have fueled sustained growth in demand for lead-acid motive batteries and accelerated industry consolidation, creating broader development opportunities for the Group as a leading enterprise in the lead-acid motive battery industry. Meanwhile, driven by the rapid development and strong demand for new-type batteries such as lithium batteries and sodium batteries during the Year, rapidly rising sodium battery shipments and breakthroughs in sodium battery standardisation have created development opportunities for the Group's new-type battery business.

During the Year, the Group maintained its leadership in the lead-acid motive battery industry through outstanding technological strengths and product quality, supported by well-established market channels and a strong brand. With R&D and innovation as its core growth engine, the Group has focused on its primary business of lead-acid motive batteries while simultaneously pursuing the development of multiple battery technology pathways, successfully establishing a new industrial ecosystem. Backed by strong innovation capabilities, the Group has successively launched a series of innovative products, including all-solid-state sodium batteries, sodium-ion batteries and graphene-technology batteries. It has also achieved key breakthroughs and phased results in a variety of new battery technology fields. Furthermore, the Group has accelerated the expansion of its energy storage segment. The world's first demonstration project for mobile energy storage vehicles at oilfield sites has commenced operations; the Shandong Yuanwang lead-carbon energy storage project has been successfully connected to the grid; and the independently developed solid-state sodium-salt energy storage system has been recognized as a provincial-level advanced technological innovation achievement, establishing multiple benchmark demonstration projects across various technology pathways. Through multidimensional innovative initiatives, it has further strengthened its core competitiveness and market leadership.

On behalf of the Board and the Group, I would like to express my sincere gratitude to all shareholders, customers and business partners for their long-standing trust and support. I would also like to thank the Board, the management and all employees for their outstanding contributions. As we enter 2026, the Group will continue to focus on technological innovation while strengthening its strategic layout. We will actively expand into overseas markets and strive to build a global new energy platform. The Group will continue to pursue the ambitious mission of "advocating green energy and perfecting human life" (倡導綠色能源，完美人類生活). With the courage of pioneers, the wisdom of innovators and the commitment of doers, we will write a glorious new chapter in the sustainable development of "CHILWEE".