益丰药房：益丰药房2025年年度报告（英文版）

Important Notes I.The Board of Directors, directors, and senior management of the Company hereby guaranteethatthe contents are authentic,accurate,and complete,without false records,misleadingrepresentations or material omissions in the Annual Report, and shall take all the joint and severallegal liabilities. II.All the directorshave attended the meeting ofthe Board of Directors. III.Pan-China Certified Public Accountants LLPhas issueda standard unqualified audit reportfor the Company. IV.Gao Yi,the Company's responsible person,Gao Youcheng,responsible person in charge ofaccounting work,and Guan Changfu,the accounting firm's responsible person (accountingsuperintendent)hereby declare and warrant that the financial report in the Annual Report isauthentic, accurate, and complete. V.The plan of profit distribution or the conversion of capital reserves into share capital for theReporting Period has been approved by the Board of Directors As audited by Pan-China Certified Public Accountants LLP (special general partnership), theundistributed profit of the Company (parent company basis) as of December 31, 2025 amounted toCN¥775,719,439.87. The Company proposes to distribute a cash dividend of CN¥0.40 (tax included) per share to allshareholders. Based on the Company’s total share capital of 1,212,392,331 shares as of March 31, 2026,the total proposed cash dividend amounts to CN¥484,956,932.40 (tax included). If the Company’s totalshare capital changes during the period from the date of disclosure of this profit distribution plan to therecord date for the implementation of equity distribution (e.g., due to the conversion of convertible bonds),the Company intends to keep the per‑share dividend unchanged and adjust the total distribution amountaccordingly. Any such adjustment will be disclosed separately. The profit distribution plan above is subjectto approval by the Company’s shareholdersat the general meeting before implementation. Information on uncovered tax losses of the parent company and their impact on the Company'sprofit distribution and other matters as of the end of the Reporting Period"□ Applicable""√ Not applicable" VI.Risk statement on forward-looking statements"√ Applicable""□ Not applicable" The forward-looking statements such as future plans and development strategies in the AnnualReport do not constitute a substantive commitment of the Company to investors. Investors shouldtherefore make rational investments based on an awareness of risk factors. VII.Are there cases of non-operational fund occupancy by the controlling shareholder and otherrelated parties? No VIII.Have there been any breaches of established decision-making procedures in providingguarantees to external parties? No IX.Has there been a situation where more than half of the directors cannot guarantee that theAnnual Report disclosed by the Company is authentic, accurate, and complete? During the Reporting Period, no significant risks had a substantial impact on the Company'sproduction and operation activities. The Company has extensively elaborated on potential risks in thisreport. For more details, please refer to Subsection "Potential risks" under Section III "ManagementDiscussion and Analysis". XI.Others "□ Applicable""√ Not applicable" Contents Section IParaphrase...........................................................................................................................5Section IICompany Profile and Main Financial Indicators................................................................5Section IIIManagement Discussion and Analysis..............................................................................11Section IVCorporate Governance, Environment, and Society...........................................................43Section VImportant Matters..............................................................................................................67Section VIChanges in Shares and Shareholders.................................................................................94Section VIIOverview of Bonds.........................................................................................................102Section VIIIFinancial Statements.......................................................................................................104 Contents of ReferenceFileAccounting statements with the signatures and seals of the Company'sresponsible person, the responsible person in charge of accounting work, andthe responsible person of the accounting firm (accounting superintendent)The original copies of all documents and announcements publicly disclosedby the Company in the newspapers designated by the China SecuritiesRegulatory Commission (CSRC) during the Reporting Period, includingShanghai Securities News,China Securities Journal,Securities Times, andSecurities Daily Section IParaphrase I.Paraphrase Section IICompany Profileand Main Financial Indicators I.Company information II.Co