歌尔股份：2025年年度报告（英文版）

Annual Report 2025 April 2026 Annual Report 2025 Section I Important Notes, Contents and Interpretations The Board of Directors, directors, and senior management of the Companyguarantee that the information presented in this report is true, accurate, andcomplete,free from false statements, misrepresentations and material omissions,andshall together be wholly liable for the truthfulness,accuracy andcompleteness of its contents. Mr. Jiang Bin, the person in charge of the Company, and Mr. Li Yongzhi, thepersonin charge of accounting and the head of accounting department(accounting supervisor) guarantee that the financial report in this annual reportis true, accurate, and complete. All directors have attended the board meeting to review the annual report. The future plans and some forward-looking statements in this report shall not beconsidered as commitments to investors. Investors and relevant persons shouldmaintain sufficient risk awareness and understand the differences between plans,forecasts and commitments. Investors are kindly reminded to pay attention toinvestment risks. The Company faces the risks in market, operation and management. For details,please refer to "Section III Management Discussion and Analysis, XI. Outlook forthe Future Development of the Company" in this report. The profit distribution proposal approved by the Board of Directors is: based onthe total share capital registered on the record date minus the repurchased sharesin the Company's specific securities repurchase account, the Company willdistribute a cash dividend of RMB 2.00 (tax inclusive) for every 10 shares to allthe shareholders, with no bonus shares and no conversion of capital surplus intoshare capital. Contents Section I Important Notes, Contents and Interpretations.......................................2Section Ⅱ Company Profile and Key Financial Indicators.....................................7Section III Management Discussion and Analysis..................................................11Section IV Corporate Governance, Environment and Society.............................33Section V Important Matters...................................................................................61Section VI Changes in Shares and Shareholder Information...............................73Section VII Bonds......................................................................................................82Section VIII Financial Report..................................................................................85 Documents Available for Reference 1. Financial statements signed and sealed by the Company's person in charge, the chief accountant,and the person in charge of accounting department (accounting supervisor);2. The originals of the 2025 annual report and its abstract signed by the Company's person in charge;3. The originals of the auditor's report with the seal of Zhongxi CPAs (Special General Partnership)and the signature and seal of the certified public accountants;4. The originals of all documents and announcements publicly disclosed on the media designated bythe China Securities Regulatory Commission (CSRC) during the reporting period. Interpretations 1. In this report, any discrepancies between the total and the sum of individual items are due to rounding.2. This report has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the twoversions, the Chinese version shall prevail. SectionⅡ Company Profile and Key Financial Indicators I. Company Information II. Contacts and Contact Information III. Information Disclosure and Placement Location IV. Changes in Registration V. Other Relevant Information Accounting firm engaged by the company ApplicableNot applicable Financial Advisor performing continuous supervision duties during the reporting period engaged by the company ApplicableNot applicable Ⅵ. Key Accounting Data and Financial Indicators Whether the company performed a retrospective adjustment or restatement of previous accounting data The lower of the net profit before and after deducting non-recurring gains and losses of the company in the latest three fiscal years isnegative, and the audit report of the latest year shows that the company's going concern ability is uncertain. YesNo The lower of the audited total profit, net profit and net profit after deducting non-recurring gains and losses of the company during thereporting period is negative. YesNo Companies with equity incentives or employee stock ownership plans may disclose the net profit after deducting the impact of share-based payments VII. Differences in Accounting Data under Domestic and Foreign Accounting Standards 1. Differences in net profit and net assets between financial reports disclosed in accordance withInternational Accounting Standards and Chinese Accounting Standards ApplicableNot applicable During the reporting period, there are no differences in n