苏 泊 尔：2024年年度报告

SECTION I IMPORTANT NOTES, TABLE OF CONTENTS ANDDEFINITIONS The Board of Directors and the Board of Supervisors of Zhejiang SuporCo., Ltd (hereinafter referred to as the "Company") and all its directors,supervisors and senior executives warrant that this annual report is true,accurateand complete,and does not contain any fictitious statements,misleading information or significant omissions; all directors, supervisors andseniorexecutives of the Company undertake,separately and jointly,allresponsibilities in relation to the truth, accuracy and completenesshereof. Mr. Thierry de LA TOUR D'ARTAISE, person in charge of the Company,and Mr. Xu Bo, person in charge of accounting and person in charge ofaccountingdepartment(accountant in charge),hereby confirm that thefinancial statement enclosed in this Annual Report is true, accurate andcomplete. All directors have attended the Board Meeting in person. It is of great uncertainty, for whether it can be realized or not depends onmultiple factors, including market change and effort of management team.Please be careful of investment risks. Asfor the risk factors confronted by the Company,see Part 11"Prospects for Future Development" of Section III "DISCUSSION ANDANALYSIS OF THE MANAGEMENT" for details. The profit distribution plan adopted at this Board Meeting specifies that:based on the 796,692,233 shares at the end of 2024 (total capital stock of801,538,407 shares at the end of 2024 deducted by 4,667,500 shares ofrepurchased shares in the Company’s special stock repurchase account and178,674 shares of Restricted Stock repurchased and canceled on January 17,2025), the Company distributes cash dividend of RMB 28.10 per 10 shares(tax-inclusive) to all shareholders, and total amount of cash dividends is RMB2,238,705,174.73, issues 0 bonus shares (tax-inclusive) and will not convertcapital reserves to capital.. Table of Contents SECTION I IMPORTANT NOTES, TABLE OF CONTENTS AND DEFINITIONS..........................................................................2SECTION II COMPANY FILE AND MAJOR FINANCIAL INDICATORS.......................................................................................6SECTION III DISCUSSION AND ANALYSIS OF THE MANAGEMENT........................................................................................10SECTION IV CORPORATION GOVERNANCE................................................................................................................................29SECTION V SOCIAL AND ENVIRONMENTAL RESPONSIBILITIES............................................................................................57SECTION VI SIGNIFICANT EVENTS...............................................................................................................................................62SECTION VII CHANGES IN SHARE CAPITAL AND PARTICULARS ABOUT SHAREHOLDERS.............................................73SECTION VIII INFORMATION ON PREFERRED SHARE..............................................................................................................83SECTION IX BONDS..........................................................................................................................................................................84SECTION X FINANCIAL STATEMENT............................................................................................................................................85 CATALOG OF REFERENCE DOCUMENTS I. 2024Annual Report of the Company and Abstract with signature of legal representative; accounting department and seal of the Company; III. Original of audit report with seal of accounting firm and signature of certified public accountants (CPA); IV. Original of all documents and announcements published in newspapers designated by CSRC during the reporting period. Reference documents above archived at the Securities Department of the Company: Securities Department of the Company Definitions SECTION II COMPANY FILE AND MAJOR FINANCIALINDICATORS I. Company Information II. Contact Person and Contact Information III. Place for Information Disclosure and Archiving IV. Changes of Registration V. Other Relevant Information Certified Public Accountants engaged by the Company Sponsor institution engaged by the Company for performing continuous supervision duties during the reporting period □ Applicable☑Not applicable Financial consultant engaged by the Company for performing continuous supervision duties during the reporting period VI. Major Accounting Data and Financial Indicators Does the Company need to retroactively adjust or restate previous year's accounting data? □Yes☑No Retrospective adjustment or restatement reason Cumulative changes of accounting policies The Company's net profit before or after non-recurring profit and loss are deducted for the last three fiscal years, whichever islower, is negative, and the audit report for the latest year indicates uncertainty about its contin