2024年年度报告

Stock Code: 601231Convertible Bond Code:113045 Universal Scientific Industrial (Shanghai) Co., Ltd. 2024Annual Report Important Notice I.TheBoard of Directors,the Board of Supervisors,directors,supervisors and seniormanagement of the Company hereby assure that the content set out in the annual report istruthful, accurate and complete, and contains no misrepresentations, misleading statements ormaterial omissions, and are individually and collectively responsible for the content set outtherein. II.Absentdirectors III.Deloitte Touche Tohmatsu Certified Public Accountants LLP has issued a standard unqualifiedaudit report for the Company. IV.Jeffrey Chen, person in charge of the Company,Xinyu Wu, person in charge of accounting, andYuh-Huah Chern, person in charge of the accounting firm (accountant in charge) declare thatthe financial report in the annual report is truthful, accurate and complete. V.The proposal of profit distribution for the reporting period deliberated and approved by theBoard of Directors USI intends to distribute a dividend of RMB 2.3 yuan (tax included) for every 10 shares on the basis ofthe total share capital on the registration date of equity distribution minus the number of shares in itsspecial repurchase account, without giving bonus shares or capitalizing capital reserves, and all theremaining undistributed profits will be carried forward for distribution in the following years. The Company's Profit Distribution Plan for 2024was deliberated and approved at theSeventeenthMeetingof the Sixth Session of the Board of Directors of the Company, and it still needs to be deliberated at theCompany's 2024Annual General Meeting of Shareholders. VI.Risk disclosure for forward-looking statements √Applicable □ Not ApplicableThis report involves forward-looking statements such as future plans, and does not constitute a materialcommitment of the Company to investors. Investors are requested to pay attention to investment risks. VII.Are there any fundsoccupied by controlling shareholder or other related parties for non-operational purposes? NoVIII.Is there any external guarantee in violation of the prescribed decision-making process?No IX.Are more than half of the directors unable to guarantee the truthfulness, accuracy andcompleteness of the annual report disclosed by the Company?No X.Major risk disclosure The major risks facing the Company are described in “Possible Risks” of “Discussion and Analysis ofCorporate Development in the Future” in this report. XI.Others □Applicable√Not Applicable Contents Section I Definitions..................................................................................................................................5Section II Company Profile and Key Financial Indicators...................................................................7Section III Management Discussion and Analysis...............................................................................12Section IV Corporate Governance........................................................................................................52Section V Environmental and Social Responsibility............................................................................82Section VI Major Events........................................................................................................................92Section VII Changes in Shares and Information of Shareholders....................................................110Section VIII Information on Preferred Shares..................................................................................118Section IX Information on Bonds........................................................................................................119Section X Financial Statements...........................................................................................................123 Section I Definitions I.Definitions In this report, the following terms shall have the following meanings unless the context otherwiserequires: Section II Company Profile and Key Financial Indicators I.Companyprofile II.Contact III.Basicinformation IV.Informationdisclosure and place at which the report is available V.The Company'sstocks VI.Other related information VII.Keyaccounting data and financial indicators in the past three years(I)Key accounting data Unit: yuanCurrency: RMB (II)Key financial indicators Explanationof the Company’s key accounting data and financial indicators in the past three years at theend of the reporting period□Applicable√Not ApplicableNone VIII.Accounting data differences under domestic and overseas accounting standards (I)Differences in net profits and net assets attributable to shareholders of the listed company in thefinancial report disclosed under international accounting standards and Chinese accountingstandards □Applicable√Not Applicable (II)Differences in net profits and net assets attributable to shareholders of the list