格力电器：2025年年度报告（英文版）

2025AnnualReport April2026 SectionIImportantNotice,ContentsandParaphrase TheBoardofDirectorsandalldirectorsandseniorexecutivesoftheCompanyherebyguarantee that the contents are authentic,accurate,and complete,withoutfalserecords,misleadingrepresentations,ormaterialomissionsintheAnnualReport,andshalltakeallthejointandseverallegalliabilities. DongMingzhu,theCompany'sresponsibleperson,LiaoJianxiong,responsiblepersonin charge of accounting work and Liu Yanzi,the AccountingDepartment'sresponsible person(accounting superintendent)herebydeclareandwarrant that the financial report in the Annual Report is authentic,accurateandcomplete. AllthedirectorshaveattendedthemeetingoftheBoardofDirectorsinrespectofdeliberationoftheAnnualReport. Theforward-lookingstatementssuchasfutureplansanddevelopmentstrategiesinthe Annual Report do not constitute a substantive commitment of theCompanytoinvestors.Investorsandrelevantpersonsshouldthereforemakerationalinvestment based on an awareness of risk factors attendant ininvestmentand understand the differences between plans,forecasts andcommitmentsandnotetheinvestmentrisks. TheCompany'sprofitdistributionproposalpassedupondeliberationatthemeetingoftheBoardofDirectorsissetoutasbelow:Basedonthetotalsharecapitalof5,585,138,741sharesenjoyingprofitdistributionrightsatthetimeofdisclosureof this profit distribution proposal(the total stock capital of5,601,405,741sharesexcluding the 16,267,000 sharesheldinthe repurchase accountoftheCompany),theCompanyplanstodistributeallshareholdersacashdividendofCNY20(taxincluded)per10shares,butdoesnotplantogiveanybonusshare(0share,taxincluded)orconvertanycapitalreservesintosharecapital.IfthereisachangeinthetotalsharecapitaloftheCompanyentitledtoprofitdistributionfromthedateofdisclosureofthisdistributionplantothedateofimplementationofequitydistributionregistration,theCompanywilladjustthetotaldividendamountaccordinglybasedontheprincipleofkeepingthedistributionratiopershareunchanged. Contents SectionIImportantNotice,ContentsandParaphrase.................................................................................................1SectionIICompanyProfileandMainFinancialIndicators........................................................................................6SectionIIIManagementDiscussionandAnalysis....................................................................................................11SectionIVCorporateGovernance,Environment,andSociety.................................................................................55SectionVImportantMatters......................................................................................................................................77SectionVIChangesinSharesandShareholders.......................................................................................................97SectionVIIBondInformation.................................................................................................................................107SectionVIIIFinancialStatements...........................................................................................................................108 References (I)TheaccountingstatementssignedandsealedbyDongMingzhu,thelegalrepresentative,LiaoJianxiong,chiefaccountantandLiuYanzi,headofaccountingdepartment. (II)TheoriginalauditreportsealedbyUnionPowerCertifiedPublicAccountants(SpecialGeneralPartnership)withsignaturesandsealsofcertifiedpublicaccountantsQiuYiwuandWuXiafei. (III)OriginalsandoriginaldraftsofalltheCompany'sdocumentsandannouncementspublishedonthemediaandCNINFOdesignatedbytheCompanywithinthereportperiod. Paraphrase SectionIICompanyProfileandMainFinancialIndicators I.Companyinformation II.Contactsandcontactinformation III.Informationdisclosureandplaceofthereport IV.Alterationofregistration V.Otherrelatedinformation AccountingfirmengagedbytheCompany SponsorengagedbytheCompanytoperformcontinuoussupervisionduringthereportperiod □ApplicableNotApplicable VI.Mainaccountingdataandfinancialindicators WhethertheCompanyhasretroactiveadjustmentorrestatementofpreviousaccountingdata□YesNo ThenetprofitsoftheCompanybeforeandafterdeductingnon-recurringprofitsandlossesinthelastthreefiscalyears,whicheverislower,isnegative,andtheauditreportofthelastyearshowsthattheCompany'sabilitytocontinueasagoingconcernisuncertain □YesNo TheCompany'sauditedtotalprofit,netprofit,andnetprofitafterdeductingnon-recurringprofitsandlossesforthereportperiod,whicheverislower,isnegative □YesNo VII.Accountingdatadifferencesunderdomesticandforeignaccountingstandards 1.Differences in net profits and net assets in the financial report disclosed under the internationalaccountingstandardsandthosedisclosedunderthedomesticaccountingstandards □ApplicableNotApplicable Therewasnodifferenceinnetprofitsandnetassetsinthefinancialreportdisclosedundertheinternationalaccountingstandardsandthatdisclosedunderthedomesticaccountingstandardsduringthereportperiod. 2.Differencesinnetprof