摩比发展2025年报

2025A N N U A LR E P O R T年報 Corporate Profile 20021216200912 17947 MOBI Development Co., Ltd. (the “Company”) was incorporated in the Cayman Islandsas an exempted company with limited liability on 16 December 2002. The shares ofthe Company were listed on The Stock Exchange of Hong Kong Limited (the “StockExchange”) on 17 December 2009 (Stock Code: 947). We operate through our subsidiaries MOBI Antenna Technologies (Shenzhen) Co.,Ltd. (“MOBI Shenzhen”), MOBI Telecommunications Technologies (Ji’an) Co., Ltd.(“MOBI Jian”), MOBI Technologies (Xi’an) Co., Ltd. (“MOBI Xian”), MOBI Technology(Hong Kong) Limited (“MOBI HK”), MOBI Technology (Shenzhen) Co., Ltd. (“MOBITechnology”), Shenzhen MOBI Shiye Development Co., Ltd., Xi’an ShengrongCommunication Technologies Co., Ltd.,Shenzhen Shengyuzhihui Network TechnologyCo., Ltd., Shenzhen MOBI Network Communication Co., Ltd. and Xi’an MOBI AntennaTechnologies Engineering Co., Ltd.. WiFiPHS2GGSMCDMA3GTD-SCDMA CDMA 2000W-CDMAWiMax4GTD-LTE FDD-LTE5GMIMO 5G-A We are one of the few one-stop providers of wireless communication antennas and basestation Radio Frequency (“RF”) subsystems in China. Our business consists of the design,manufacture, marketing and sale of antennas, base station RF subsystem and solutionsthat are the required components of mobile communication coverage systems, including,wireless access systems (WiFi and PHS), 2G (GSM and CDMA), 3G (TD-SCDMA,CDMA 2000, W-CDMA and WiMax), 4G (TD-LTE and FDD-LTE), 5G, MIMO, 5G-A,green antennas, satellite communication and microwave transmission networks. We sellour products to network operators in China and overseas directly for deployment intothe networks they are constructing and operating. We also sell our products to some ofthe world’s leading wireless network solution providers who incorporate our productsinto their wireless coverage solutions, such as their proprietary base stations, which theythen sell to network operators worldwide. We are committed to providing quality and sophisticated products and building long termrelationships with our customers. CONTENTS CORPORATE INFORMATIONFINANCIAL HIGHLIGHTSCHAIRMAN’S STATEMENTMANAGEMENT DISCUSSION AND ANALYSISCORPORATE GOVERNANCE REPORTENVIRONMENTAL, SOCIAL ANDGOVERNANCE REPORTDIRECTORS AND SENIOR MANAGEMENTREPORT OF THE DIRECTORSINDEPENDENT AUDITOR’S REPORTFINANCIAL STATEMENTS 246144256 110 129 138 Corporate Information P.O. Box 309, Ugland House, Grand Cayman,KY1-1104, Cayman Islands REGISTERED OFFICEP.O. Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS IN THE PRC MOBI Technology Building, Genyu Road, Gongming Street, Guangming District, Shenzhen,Guangdong Province, the PRC PRINCIPAL PLACE OF BUSINESS IN HONG KONGUnit A, 25/F, One Island South, 2 Heung Yip Road, Wong Chuk Hang, Hong Kong 2One Island South 25A BOARD OF DIRECTORSExecutive DirectorsHu Xiang(Chairman)Zhou LingboYe Rong Non-executive DirectorQu Deqian Independent non-executive DirectorsLi TianshuZhang HanGe Xiaojing COMPANY SECRETARYLau Wing AUTHORISED REPRESENTATIVESHu XiangLau Wing AUDIT COMMITTEEZhang Han(Chairman)Li TianshuGe Xiaojing REMUNERATION COMMITTEE Li Tianshu(Chairman)Zhang HanGe XiaojingQu Deqian NOMINATION COMMITTEE Hu Xiang(Chairman)Li TianshuZhang HanGe XiaojingQu Deqian HONG KONG SHARE REGISTRAR AND TRANSFER OFFICE Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai,Hong Kong 1831717121716 442 PRINCIPAL BANKER Bank of ChinaNo. 442 Renmin North Road, Longhua District, Shenzhen, Guangdong Province, China AUDITORSDeloitte Touche TohmatsuRegistered Public Interest Entity Auditors WEBSITE ADDRESShttp://www.mobi-antenna.com http://www.mobi-antenna.com 86-755-27150701390ir@mobi-antenna.com CONTACT INFORMATION FOR INVESTOR RELATIONS Telephone: 86-755-27150701 (ext 390)Chen ZhaotongEmail: ir@mobi-antenna.com 947 STOCK CODEThe Stock Exchange of Hong Kong Limited: 947 Financial Highlights KEY FINANCIAL FIGURES (All amounts are expressed in RMB’ million unless otherwise stated) DEAR SHAREHOLDERS, 202512 31 On behalf of the Board of Directors of MOBI Development Co., Ltd., I am pleased topresent to the shareholders the business development of the Company and its subsidiaries(the “Company”) for the year ended 31 December 2025 (the “Year”). 20255G5G-A2025 In 2025, the domestic 5G construction entered a mature development stage andaccelerated its iterative evolution towards 5G-A technology. The network constructionstrategies of telecommunications operators gradually shifted from “quantity” to “quality,”with their investment focus also turning towards computing power and applicationdomains. The construction demand for traditional base stations further contracted, placingthe industry in a period of transitional growing pains. For overseas markets, while thecapital expenditure of global telecommunications operators was gradu