比亚迪电子2024年年报

BYD Electronic (International) Company Limited (“BYD Electronic” or the“Company”; together with its subsidiaries known as the “Group”; stockcode: 0285) was spun off from BYD Company Limited (“BYD”, listedon The Stock Exchange of Hong Kong Limited (the “Stock Exchange”),Stock Code: 01211; listed on the Shenzhen Stock Exchange, StockCode: 002594) and listed on the Main Board of the Stock Exchangeon 20 December 2007. The Group is a global leading provider of high-tech and innovative products, providing customers around the world withone-stop product solutions relying on its core advantages in electronicinformation, AI, 5G and Internet of Things, thermal management, newmaterials, precision molds and digital manufacturing technologies. TheGroup engages in a wide variety of businesses ranging from smart phones,tablet PCs, new energy vehicles, AI data center, smart home, gamehardware, unmanned aerial vehicles, 3D printers, Internet of Things, robots,communication equipment to other diversified market areas. 0285012110025945GAI3D Financial Highlights2Corporate Information3Chairman’s Statement5Management Discussion and Analysis9Directors and Senior Management30Corporate Governance Report35Report of the Directors54Independent Auditor’s Report73Consolidated Statement of Profit or Loss82Consolidated Statement of Comprehensive Income83Consolidated Statement of Financial Position84Consolidated Statement of Changes in Equity86Consolidated Statement of Cash Flows88Notes to Financial Statements91Five Year Financial Summary196CONTENTS FINANCIAL HIGHLIGHTS CORPORATE INFORMATION EXECUTIVE DIRECTORSWang Nian-qiangJiang Xiang-rong NON-EXECUTIVE DIRECTORSWang Chuan-fuWang Bo INDEPENDENT NON-EXECUTIVE DIRECTORS Antony Francis MAMPILLY Chung Kwok Mo JohnAntony Francis MAMPILLY(resigned since 6 June 2024)Qian Jing-jieWang Ying (appointed on 6 June 2024) COMPANY SECRETARYLi QianCheung Hon-wan AUDIT COMMITTEE Antony Francis MAMPILLY Wang Chuan-fuWang BoChung Kwok Mo John (Chairman)Antony Francis MAMPILLY(resigned since 6 June 2024)Qian Jing-jieWang Ying (appointed on 6 June 2024) REMUNERATION COMMITTEE Wang Nian-qiangWang Chuan-fuChung Kwok Mo JohnAntony Francis MAMPILLY(resigned since 6 June 2024)Qian Jing-jie (Chairman)Wang Ying (appointed on 6 June 2024) Antony Francis MAMPILLY NOMINATION COMMITTEE Antony Francis MAMPILLY Jiang Xiang-rongWang Chuan-fu (Chairman)Chung Kwok Mo JohnAntony Francis MAMPILLY(resigned since 6 June 2024)Qian Jing-jieWang Ying (appointed on 6 June 2024) AUTHORISED REPRESENTATIVESWang Nian-qiangLi Qian REGISTERED OFFICE Unit 505–510, 5/F, Core Building 1E1 Science Park E AvenueScience ParkPak Shek KokTai PoHong Kong 11E5505–510 HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN THE PRC 1518116 No. 1Bibao Second RoadBaolong StreetLonggang DistrictShenzhenThe PRC 518116 SHARE REGISTRAR AND TRANSFER OFFICE 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–171617th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong iPR(852) 2136 6185(852) 3170 6606be285@iprogilvy.com INVESTOR AND MEDIA RELATIONS CONSULTANT iPR Ogilvy LimitedTel: (852) 2136 6185Fax: (852) 3170 6606Email: be285@iprogilvy.com http://electronics.byd.com WEBSITEhttp://electronics.byd.com STOCK CODE0285 0285 CHAIRMAN’S STATEMENT Dear Shareholders, I, on behalf of the board (the “Board”) of directors (the “Directors”) ofBYD Electronic (International) Company Limited (“BYD Electronic” or the“Company”) and its subsidiaries (which are collectively referred to as the“Group”), hereby present the annual report of the Company for the yearended 31 December 2024 (the “Year” or the “Period”) to all Shareholders. 5.0%130 Looking back at 2024, the global economic recovery remained sluggishunder the influence of intensified geopolitical tensions and tradeprotectionism. Despite the weak global economic growth, the Chineseeconomy demonstrated remarkable resilience and maintained the steadilyadvancing momentum, and its endogenous driving force and vitality wereconsistently reinforced. Owing to the precisely targeted macro-controlpolicy mix, confidence in the market was effectively revitalized. In 2024,China achieved a year-on-year growth of 5.0% in the gross domesticproduct (GDP), with its total economic output surpassing RMB130 trillionfor the first time, marking a new milestone. IDC6.4%12.4PC1%2.63Canalys1.489.2%IDC5.6%2.86 Demand in the consumer electronics market is on the rebound, benefitingfrom the rapid iterative development of artificial intelligence (AI) technologyand the gradual release of pent-up demand for handset replacements.According to the statistics from IDC, the global shipment of smart phonesincreased by 6.4% to 1,240 million units and the global PC shipmentsincreased by 1% to 263 million units in 2024. According to Canalys, theglobal shipment of tablet computers reached approximately 148 millionunits in 2024, representing a year-on-year increase of 9.2%. According toIDC, China’s