京东方Ｂ：2026年一季度报告（英文版）

FIRSTQUARTERLY REPORT 2026 April 2026 Stock Code: 000725Stock Name: BOE-AAnnouncement No.2026-040Stock Code: 200725Stock Name: BOE-BAnnouncement No.2026-040 BOE TECHNOLOGY GROUP CO., LTD.FIRST QUARTERLY REPORT 2026 BOE Technology Group Co., Ltd. (hereinafter referred to as the “Company”) and all themembers of the Company’sBoard of Directors hereby guarantee that the contents of thisReport are true, accurate and complete and free of any misrepresentations, misleadingstatements or material omissions. Important Notes: The Board of Directors (or the “Board”) as well asthe directors and senior managementof BOE TechnologyGroup Co., Ltd. (hereinafter referred to as the “Company”) hereby guarantee the factuality, accuracy andcompletenessof the contents of this Report,and shall be jointly and severally liable for anymisrepresentations, misleading statements or material omissions therein. All the Company’s directors have attended the Board meeting forthe review of this Report and its summary. Mr. Chen Yanshun, the Company’s legal representative, Mr. Feng Qiang, Chairman ofthe ExecutiveCommittee, Ms. Yang Xiaoping, Chief Financial Officer, and Ms. Xu Yaxiao, head of the financialdepartment (equivalent to financial manager)hereby guarantee that the Financial Statements carried in thisReport are factual, accurate and complete. This Report has been prepared in both Chinese and English. Should there be any discrepancies ormisunderstandings between the two versions, the Chinese version shall prevail. The financial statements in this Report have not been audited by an independent auditor. I Key Financial Information (I) Key Accounting Data and Financial Indicators Indicate by tick mark whether there is any retrospectivelyrestated datum in the table below.□YesNo (II) Exceptional Gains and Losses (III) Changes in Key Financial Statement Line Items and Explanation of why Applicable □ Not applicable Changes in key line items of the income statement and explanation of why: 1. Finance costsrose95%year on year, primarily driven bychanges in interest income and exchange gains and losses. 2. Asset impairment loss declined79%year on year, primarily driven bya reduction in inventoryvaluation allowancesrecognizedunder the lower-of-cost-or-net-realizable-value method. 3. Other income rose100%year on year, primarily driven byan increase in government grants during theReporting Period. 4. Income tax expense rose 84%year on year, primarily because certain subsidiaries achieved improved profitability,accumulatedunutilizedlosses were fullyutilized, and income tax was paidduringtheReporting Period. Changes in key line items of the cash flow statement and explanation of why: 1.Net cash generated from investing activities declined 46% year on year, primarily driven by lower proceeds fromdisinvestmentduringtheReporting Period. 2.Net cash generated from financing activities rose124%year on year, primarily driven bythedecreased repayment ofborrowingsduring the Reporting Period. 3.Net increase in cash and cash equivalentsrose 221% year on year, primarily driven by the decreased repayment ofborrowingsduring the Reporting Period. II Shareholder Information (I) Numbers of Ordinary Shareholders and Preference Shareholders with Resumed Voting Rights aswell as Holdings of Top 10 Shareholders Unit: share □ApplicableNot applicable Changes in top 10shareholders and top 10 unrestricted shareholders due to refinancing shares lending/return compared with theprior period □ApplicableNot applicable (II) Number of Preference Shareholders and Shareholdings of Top 10 of Them □ApplicableNot applicable III Other Significant Events Applicable □Not applicable 1. The Company disclosed the Announcement on the Public Offering of Corporate Bonds to Professional Investors ObtainingRegistration Approval from the CSRC (Announcement No. 2024-052) on 9 October 2024. The Company received the CSRCPermit [2024] No. 1330,which agreed to the Company's public offering of corporate bonds with an aggregate nominal value ofno more than RMB10 billion to professional investors. 2. The Company convened the 12th Meeting of the 11th Board of Directors on30March 2026 and the 2025 Annual MeetingofShareholderson 24April 2026. Relevant equity incentive proposals including the Proposal on the 2026 Restricted ShareIncentive Plan (Draft) and Its Summary were reviewed and approved. The Company intends to implement a restrictedshare incentive plan.The underlying shares shall be RMB ordinary A-shares repurchased by the Company from the secondary market.The total number of restricted shares proposed to be granted toawardeesis 1,022,371,000, accounting for approximately 2.76%of the Company’s total share capital of 37,044,328,064 shares as of the announcement date of the incentive plan draft. 3.The Company convened the 12th Meeting of the 11th Board of Directors on 30 March 2026, and reviewed and approved theProposal on Repurchasing Partial Public Shares of the