津上机床中国二零二四年至二零二五年年度报告

22*TSUGAMIIT* Precision Tsugami (China) CorporationLimitedis a subsidiary establishedbyTsugami Corporation(“TsugamiJapan”or“ControllingShareholder”),a renowned JapaneseCNChigh precision machine toolm a n u f a c t u r e r ,f o r i t s C h i n e s eundertakings, and has grown into thelargest foreign-branded CNC machinetoolmanufacturer*in the Chinesemachinestools market through 22years of rapid development since thebusiness commencement in 2003.The Company manufactures and sellshigh-end CNC machine tools includingprecisionlathes,precision machiningc e n t r e sa n d p r e c i s i o n g r i n d i n gmachines under the TSUGAMI brand.With its customer orientation, and highspeed, high precision and high rigidityasits quality targets,the Companyhasbeen widely recognized by theindustriesincluding automobile partsandcomponents,IT communicationsa n de l e c t r o n i c s a n d i n d u s t r i a lautomation. The Company’s productsaremainly for the Chinese market,andare also sold,with or withoutcustomisations,to Japan,Europe,the United States, Southeast Asia andotherregions through its overseassales channels Tsugami Japan.* According to an industry report prepared by Frost & Sullivan (Beijing) Inc.,Shanghai Branch Co. in December 2018. RESULTS HIGHLIGHTSCORPORATE INFORMATIONCHAIRMAN’S STATEMENTMANAGEMENT DISCUSSION AND ANALYSISBusiness reviewFinancial reviewOutlookDIRECTORS AND SENIOR MANAGEMENTCORPORATE GOVERNANCE REPORTENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORTDIRECTORS’ REPORTINDEPENDENT AUDITOR’S REPORTConsolidated statement of profit or lossand other comprehensive incomeConsolidated statement of financial positionConsolidated statement of changes in equityConsolidated statement of cash flowsNotes to financial statementsFIVE-YEAR FINANCIAL SUMMARYCONTENTS目錄 23591120223163150178185186188190192292 2ANNUAL REPORT2024-2025年度報告PRECISION TSUGAMI (CHINA) CORPORATION LIMITED津上精密機床（中國）有限公司R E S U L T S H I G H L I G H T SRevenue(RMB million)05001,0002,0002,5001,5003,0005,0003,1174,4204,0473,1204,5003,5004,00020222023Net profit(RMB million)010020040050030060070080039266757948020222023 3ANNUAL REPORT2024-2025年度報告PRECISION TSUGAMI (CHINA) CORPORATION LIMITED津上精密機床（中國）有限公司C O R P O R A T E I N F O R M A T I O NVistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay Road,Grand Cayman, KY1-1205Cayman Islands Executive DirectorsDr. Tang Donglei(Chairman & Chief Executive Officer)Dr. Wang Xiaokun(appointed on 25 June 2025)Dr. Li ZequnNon-executive DirectorsMr. Takao NishijimaMs. Mami MatsushitaMr. Shoichiro Haga(appointed on 25 June 2025)Independent Non-executive DirectorsMr. Kunimasa Ota(appointed on 25 June 2025)Dr. Satoshi IwabuchiDr. Huang PingMr. Tam Kin BorAudit CommitteeMr. Tam Kin Bor(Chairman)Mr. Shoichiro Haga(appointed on 25 June 2025)Dr. Huang PingNomination CommitteeMr. Tam Kin Bor(Chairman)Ms. Mami MatsushitaDr. Huang PingRemuneration CommitteeDr. Huang Ping(Chairman)Mr. Shoichiro Haga(appointed on 25 June 2025)Mr. Tam Kin BorCompany SecretaryMs. Wong Wai Yee EllaRegistered OfficeVistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay Road,Grand Cayman, KY1-1205Cayman Islands 4ANNUAL REPORT2024-2025年度報告PRECISION TSUGAMI (CHINA) CORPORATION LIMITED津上精密機床（中國）有限公司C O R P O R A T E I N F O R M A T I O NAuditorErnst & YoungCertified Public AccountantsLegal Advisers as to Hong Kong LawsStephenson Harwood43/F, One Taikoo Place979 King’s RoadQuarry Bay, Hong KongPrincipal Place of BusinessChina RegionNo. 2001 Pingcheng RoadPinghu Economic and Technology Development DistrictZhejiang Province, 314200the People’s Republic of China (the “PRC”)Hong Kong RegionRoom 1915, 19/F, Lee Garden One33 Hysan Avenue, Causeway BayHong KongPrincipal Share RegistrarP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay Road,Grand Cayman, KY1-1205Cayman IslandsHong Kong Branch Share RegistrarTricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong KongCompliance AdviserHalcyon Capital LimitedRm 3401, 34/F, Hopewell Centre,183 Queen’s Road East,Wanchai, Hong KongPrincipal BankersHong KongBank of ChinaThe Bank of Tokyo-Mitsubishi UFJ, Ltd. Hong Kong BranchSumitomo Mitsui Banking Corporation Hong Kong BranchPRCSumitomo Mitsui Banking Corporation (China) LimitedMUFG Bank (China), LtdMizuho Bank (China), Ltd.China Construction Bank CorporationStock Code1651Company Websitewww.tsugami.com.cn 97943200131420033191915P.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay Road,Grand Cayman, KY1-1205Cayman Islands1617186343401UFJ1651www.tsugami.com.cn 5ANNUAL REPORT2024-2025年度報告PRECISION TSUGAMI (CHINA) CORPORATION LIMITED津上精密機床（中國）有限公司C H A I R M A N ’ S S T A T E M E N TTSUGAMIITAI Precision Tsugami (China) Corporation Limited (the “Company”, togetherwith its subsidiaries, collectively, the “Group”) presents its annual resultsreportfor the year ended 31 March 2025(the“FY2025”,the“Yearunder Review” or the “Year”) to the shareholders of the Company (the“Shareholders”).The Gr