北森控股：截至2026年3月31日止年度之年度业绩公告

（於開曼群島註冊成立的有限公司）（股份代號：9669） 2026331 Beisen Holding Limited20263312025/262025/26 (www.hkexnews.hk)(www.beisen.com)2025/26 Beisen Holding Limited 2026622 ICORPORATE INFORMATION2IIFINANCIAL HIGHLIGHTS5IIICHAIRMAN’S STATEMENT7IVMANAGEMENT DISCUSSION AND ANALYSIS11VDIRECTORS AND SENIOR MANAGEMENT43VIDIRECTORS’ REPORT49VIICORPORATE GOVERNANCE REPORT98VIIIINDEPENDENT AUDITOR’S REPORT123IXCONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHERCOMPREHENSIVE INCOME131XCONSOLIDATED STATEMENT OF FINANCIAL POSITION133XICONSOLIDATED STATEMENT OF CHANGES IN EQUITY135XIICONSOLIDATED STATEMENT OF CASH FLOWS137XIIINOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS139XIVDEFINITIONS234XVGLOSSARY OF TECHNICAL TERMS239 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Wang Zhaohui(Chairman)Mr. Ji Weiguo(Chief Executive Officer)Ms. Liu Xianna(Chief Financial Officer) Independent Non-executive Directors Mr. Du KuiMr. Zhao HongqiangMr. Ge Ke AUDIT COMMITTEE Mr. Zhao Hongqiang(Chairman)Mr. Ge KeMr. Du Kui REMUNERATION COMMITTEE Mr. Ge Ke(Chairman)Mr. Ji WeiguoMr. Du Kui NOMINATION COMMITTEE Mr. Du Kui(Chairman)Ms. Liu XiannaMr. Ge Ke SUSTAINABILITY COMMITTEE Ms. Liu Xianna(Chairman)Mr. Du KuiMr. Ge Ke JOINT COMPANY SECRETARIES Ms. Liu XiannaMs. Au Wai Ching FCG (CS, CGP), HKFCG (CS, CGP) FCG (CS, CGP), HKFCG (CS, CGP) AUTHORIZED REPRESENTATIVES Ms. Liu XiannaMs. Au Wai Ching FCG (CS, CGP), HKFCG (CS, CGP) FCG (CS, CGP), HKFCG (CS, CGP) REGISTERED OFFICE PO Box 309, Ugland HouseGrand Cayman KY1-1104Cayman Islands PO Box 309, Ugland HouseGrand Cayman KY1-1104Cayman Islands Beisen Holding LimitedAnnual Report 2025/20262 CORPORATE INFORMATION HEADQUARTERS AND PRINCIPAL PLACE OF BUSINESS INTHE PRC 6883303001–03006 03001–03006, Level 3, Building 3No. 688 Middle Tianfu AvenueChengdu High-tech ZonePilot Free Trade Zone, Sichuan ProvincePRC Room 710, Building 1No. 35 Shangdi East RoadHaidian District, BeijingPRC 351710 PRINCIPAL PLACE OF BUSINESS IN HONG KONG 24840 40th Floor, Dah Sing Financial CentreNo. 248 Queen’s Road EastWanchaiHong Kong PRINCIPAL SHARE REGISTRAR Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket Square, Grand Cayman KY1-1102Cayman Islands Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket Square, Grand Cayman KY1-1102Cayman Islands HONG KONG BRANCH SHARE REGISTRAR 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–171617th Floor Hopewell Centre183 Queen’s Road EastWanchaiHong Kong HONG KONG LEGAL ADVISER 14 Zhong Lun Law Firm LLP4/F, Jardine House1 Connaught PlaceCentral, Hong Kong AUDITOR 108 KPMG Public Interest Entity Auditor registered in accordance with the Accounting andFinancial Reporting Council Ordinance8th Floor, Prince’s Building10 Chater RoadCentral, Hong Kong CORPORATE INFORMATION PRINCIPAL BANKS 35 Sichuan branch, Bank of China LimitedNo. 35, Middle Renmin Road (2 Duan)Qingyang DistrictChengdu, Sichuan ProvincePRC Chaoyang branch in Beijing, Bank of China Limited 18B Block B, Jiacheng BuildingNo. 18 Xiaguang Lane, Dongsanhuan North RoadChaoyang DistrictBeijingPRC STOCK CODE 9669 9669 COMPANY WEBSITE www.beisen.comwww.beisen.com FINANCIAL HIGHLIGHTS Overall Financial Data 20263 311,104.816.9% Revenue was RMB1,104.8 million for the year ended 31 March 2026, representing a year-on-year increase of 16.9%. 202633123.484.1% Net loss was RMB23.4 million for the year ended 31 March 2026, representing a year-on-year improvement of 84.1%. 20263 3155.5290.7% Adjusted net income (a non-IFRS measure) was RMB55.5 million for the year ended 31March 2026, representing a year-on-year improvement of 290.7%. Cloud-based HCM Solutions HCM 20263 31HCM864.519.8%78.2% Revenue generated from subscriptions to our cloud-based HCM solutions was RMB864.5million for the year ended 31 March 2026, representing a year-on-year increase of 19.8%and accounting for 78.2% of the total revenue. Professional Services 2026331240.37.7%21.8% Revenue generated from our professional services was RMB240.3 million for the yearended 31 March 2026, representing a year-on-year increase of 7.7% and accounting for21.8% of the total revenue. Research and Development Expenses 2026331260.69.4% Research and development expenses were RMB260.6 million for the year ended 31 March2026, representing a year-on-year decrease of 9.4%. Contract Liabilities 20263 31689.410.9% Contract liabilities was RMB689.4 million as at 31 March 2026, representing a year-on-year increase of 10.9%. Rounding Adjustments In this annual report, certain amounts and percentage figures have been subjectto rounding adjustments, or have been rounded to one or two decimal places. Anydiscrepancies in any tables, chats or elsewhere between total and sums of amounts listedtherein are due to rounding. CHAIRMAN’S STATEMENT Dear shareholders, Looking back at the recently concluded FY2026, the entire SaaS industry was undergoinga profound str