公牛集团：公牛集团股份有限公司2024年年度报告

公牛集团股份有限公司GONEOGROUPCO.,LTD. Annual Report 2024 Important Notes 1. The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors,supervisors and senior management of Goneo Group Co., Ltd. (hereinafter referred to as the“Company”) hereby guarantee that the contents of this Report are true, accurate and completeand free of any misrepresentations, misleading statements or material omissions, and collectivelyand individually accept legal responsibility for such contents. 2. All the directors of the Company attended the board meeting for the review of this Report. 3. Pan-China Certified Public Accountants LLPhas issued an independent auditor’s report withunmodified unqualified opinion for the Company. 4. Ruan Liping, the Company’s legal representative,Liu Shengsong, the Company’s ChiefFinancial Officer, andShen Kewei, head of the Company’s financial department (equivalent tofinancial manager) hereby guarantee that the financial statements carried in this Report are true,accurate and complete. 5. Final dividend plan and bonus issue plan approved by the Board of Directors As audited by Pan-China Certified Public Accountants LLP, net profit attributable to shareholdersof the parent company stood at RMB4,272,204,565.03 for 2024, and the cumulative distributable profitof the parent company was RMB4,871,650,229.62 as at December 31, 2024. The 2024 final dividendplan is as follows: Based on the total share capital(exclusive of the shares in the Company’srepurchased share account)at the record date of the dividend payout, the Company intends to pay a cashdividend of RMB24.00 (tax inclusive) per 10 shares to shareholders, with a bonus issue of4.0additionalshares for every 10 shares held by shareholders from capital reserves. According tothe total share capital of1,292,158,890shares minus the73shares in the repurchasedshare account at the date when this Report was authorized for issue,the total cash dividendamountisRMB3,101,181,160.80(tax inclusive), and the total share capital will increase to1,809,022,417sharesupon the bonus issue (share capital subject to the number registered with the Shanghaibranch of ChinaSecurities Depository and Clearing Co., Ltd., with tail difference, if any, due to rounding). Where any change occurs to the total share capitalbeforethe record date of the dividend payout,the cash dividendand bonus issueper share shall remain the same while the total payoutand bonus issueamount shall be adjusted accordingly. The final dividend plan is subject to final approval by the2024Annual GeneralMeeting ofShareholders. 6. Risk warning regarding forward-looking statements √ Applicable □ Not applicable Any plans, development strategies and other forward-looking statements mentioned in this Reportshall not be considered as promises to investors. Investors and those concerned shall be sufficientlyaware of the risks and understand the differences between plans and forecasts and promises. 7. Indicate whether any of the controlling shareholder orotherrelated parties occupied theCompany’s capital for non-operating purpose. N/A 8. Indicate whether the Company provided any guarantee for any external party in violation of theprescribed decision-making procedure. N/A 9. Indicate whether over half of the directors refused to guarantee the truthfulness, accuracy andcompleteness of this Report. N/A 10. Major risk warning TheCompany has described the possible risks in this Report. For further information, please refertothecontents under the heading “Possible risks” under Item VI iv. in “Part III Management Discussionand Analysis”. 11. Other information □ Applicable √ Not applicable Message to Our ShareholdersThirty Years of Growth: Embarking on a New Journey In 2024, we successfully navigated a highly uncertain and challenging operating environment,achieving robust growth in both operating revenue and net profit. Our total operating revenue reachedRMB16.831 billion, marking a year-on-year increase of 7.24%. Net profit attributable to the parentcompany amounted to RMB4.272 billion, a year-on-year increase of 10.39%. This performance reflectsour continued and steady growth trajectory. Founded in 1995 as a small family workshop, Goneo has evolved into a leading industry player anda publicly listed company. After thirty years of dedication and hard work, we have reached a significantmilestone. We celebrate our achievements, driven by entrepreneurial spirit and a strong belief in success,as we look forward to the next chapter in our journey. Building Competitiveness with Craftsmanship Over the past three decades, we have remained committed to the electrical industry,cultivatinglong-term competitiveness through systematic capabilities and continuous innovation. From the creationof “Durable Power Strips” to becomingan “Expert inSafeElectricalSolutions”, the Goneo brand hasbecome synonymous with “quality” and “safety” in the minds of consumers. This trust is rooted inGoneo's