DSBJ First Quarter Report 2026
Stock Code: 002384 Stock Short Name: DSBJ Announcement No.: 2026-023
Suzhou Dongshan Precision Manufacturing Co., Ltd.
First Quarter Report 2026
The Company and all the members of the Board of Directors hereby warrant that the content of the information disclosure is
true, accurate and complete without any misrepresentation, misleading statement or material omission.
Important note:
accurate and complete without any misrepresentation, misleading statement or material omission, and agree to assume joint and
several liabilities for this quarterly report.
that the financial information contained in this quarterly report is true, accurate and complete.
□ Yes No
Note:
This document is a translated version of the Chinese First Quarter Report 2026 ("2026 年第一季度报告"). In case of any
discrepancies, the First Quarter Report 2026 published in the Chinese version shall prevail. The full Chinese First Quarter Report
DSBJ First Quarter Report 2026
I. Key Financial Data
(I) Key Accounting Data and Financial Indicators
Did the Company need to retrospectively adjust or restate any accounting data of prior years?
□ Yes No
The same period of the %
The reporting period
previous year change
Operating revenue (RMB) 13,137,636,263.36 8,602,240,027.91 52.72%
Net profit attributable to shareholders of the Listed Company
(RMB)
Net profit attributable to shareholders of the Listed Company
after deduction of non-recurring gain or loss (RMB)
Net cash flows from operating activities (RMB) 1,126,672,373.29 1,365,406,591.51 -17.48%
Basic earnings per share (RMB/share) 0.61 0.27 125.93%
Diluted earnings per share (RMB/share) 0.61 0.27 125.93%
Weighted average return on net assets 5.05% 2.39% 2.66%
The end of the reporting The end of the previous %
period year Change
Total assets (RMB) 63,045,615,506.36 60,250,537,094.98 4.64%
Owner’s equity attributable to shareholders of the Listed
Company (RMB)
(II) Items and amounts of non-recurring gains or losses
Applicable □ N/A
In RMB
Amount of the current
Item Remark
reporting period
Gain or loss on disposal of non-current assets (including allowance for
-5,295,054.29
impairment of assets that has been written off)
Government grants recognized in profit or loss (excluding the government
grants that are closely related to the business of the Company, conform to the
applicable policies of the country, are provided in accordance with the
established standards, and continuously affect the Company’s profit or loss)
Gain or loss on changes in fair value of financial assets and financial
liabilities held by non-financial entities, and gain or loss on disposal of
financial assets and financial liabilities, except for effective hedges held in
the ordinary course of business
Other non-operating revenues and expenses -9,091,884.00
Less: Effect on income tax 8,540,723.63
Effect on minority interests (exclusive of tax) 17,919.58
Total 50,614,534.64 --
Other items of gain or loss within the meaning of non-recurring gain or loss:
□ Applicable N/A
We do not have any other item of gain or loss within the meaning of non-recurring gains or losses.
Classification of any item of non-recurring gain or loss defined by the Explanatory Announcement No. 1 on Information
Disclosure by Companies Publicly Offering Securities – Non-recurring Gain or Loss as recurring gain or loss:
□ Applicable N/A
DSBJ First Quarter Report 2026
We have not classified any item of non-recurring gain or loss defined by the Explanatory Announcement No. 1 on Information
Disclosure by Companies Publicly Offering Securities – Non-recurring Gain or Loss as recurring gain or loss.
(III) Particulars of and reasons for changes in the key accounting data and financial indicators
Applicable □ N/A
In RMB
The end of the The end of the %
Balance sheet Main reason
reporting period previous year Change
Accounts receivable Primarily due to the increase in bank acceptance
financing bills received during the reporting period.
Primarily due to the enhanced efforts for expanding
the production capacity of optical modules
Construction in (including optical chips) and AI PCBs in response
progress to the explosion of demands for downstream AI
data centers to meet customer orders and delivery
requirements.
Primarily due to the payment of the remaining
Other payables 259,090,579.70 705,336,813.22 -63.27% amount for acquiring the equity interests in Source
Photonics in the first quarter of 2026.
The same period
The reporting %
Income statement of the previous Main reason
period Change
year
Primarily due to 1. the inclusion of Source
Photonics and GMD Group into the scope of
consolidation during the reporting period compared
with the previous year; and 2. on the basis of
maintaining stable conventional businesses, the
Operating revenue 13,137,636,263.36 8,602,240,027.91 52.72% doubling of revenues compared with the same
period of the previous year thanks to the
Company’s efforts for taking the opportunity during
the explosion of the optical module business and
urgent customer orders, which made a core
contribution to the Company’s revenue and profit
during the reporting period.
Primarily due to the increase in the operating costs
Operating cost 10,598,454,911.38 7,386,509,909.13 43.48%
corresponding to the increase in the revenue above.
Primarily due to the inclusion of Source Photonics
and GMD Group into the scope of consolidation
Selling expenses 128,114,079.16 75,172,569.57 70.43%
during the reporting period compared with the
previous year.
Primarily due to the inclusion of Source Photonics
Administrative and GMD Group into the scope of consolidation
expenses during the reporting period compared with the
previous year.
Primarily due to the Company’s enhanced
investment in R&D of a new generation high-speed
R&D expenses 371,366,457.55 275,326,675.54 34.88%
optical chips, optical modules and AI PCBs during
the reporting period.
Primarily due to the new M&A loans from the
previous year, which resulted in the increase in the
interest expenses during the reporting period. In
Financial expenses 248,446,547.78 6,941,252.81 3479.28% addition, despite the partial exchange rate hedging
implemented by the Company, the exchange losses
caused by the rapid appreciation of RMB against
USD cannot be fully offset.
Primarily due to the new M&A loans from the
Incl.: Interest
expenses
interest expenses during the reporting period.
Primarily due to the large scale of principal-
Interest income 39,183,662.03 56,209,956.61 -30.29% protected wealth management with idle funds
during the same period of the previous year.
Investment income Primarily due to the income from held-for-trading
(loss expressed with financial assets during the reporting period,
DSBJ First Quarter Report 2026
“-”) compared with the loss from the disposal of the
associate BVF during the same period of the
previous year.
Primarily due to the losses from the foreign
Gain on changes in
- exchange hedging transactions measured at fair
fair value (loss -6,726,607.92 496,253.51
expressed with “-”)
the reporting period.
Impairment loss on Primarily due to the increase in the provision for
assets (loss expressed -103,758,576.15 -29,196,211.51 -255.38% impairment of inventory that is made at net
with “-”) realizable value in the current period.
Gain on disposal of Primarily due to the losses of assets recognized on
assets (loss expressed -5,268,719.17 -1,902,786.17 -176.89% the basis of the removal and disposal of obsolete
with “-”) and useless equipment by some subsidiaries.
Primarily due to 1. the inclusion of Source
Photonics and GMD Group into the scope of
consolidation during the reporting period compared
with the previous year, and the significant increase
in the operating revenue and profit during the
Operating profit (loss reporting period thanks to the synergy effects
expressed with “-”) achieved by Source Photonics using the group’s
funds, talents, technologies, customers, and other
resources; and 2. the stable shipment of
conventional printed circuit boards, precision
components, and photoelectric display modules.
Primarily due to the increase in the amounts that
Non-operating
revenue
year.
Primarily due to the increase in external donations
Non-operating
expenses
corporate social responsibilities.
Primarily due to 1. the inclusion of Source
Photonics and GMD Group into the scope of
consolidation during the reporting period compared
with the previous year, and the significant increase
in the operating revenue and profit during the
Profit before tax (loss reporting period thanks to the synergy effects
expressed with “-”) achieved by Source Photonics using the group’s
funds, talents, technologies, customers, and other
resources; and 2. the stable shipment of
conventional printed circuit boards, precision
components, and photoelectric display modules.
Primarily due to 1. the inclusion of Source
Photonics and GMD Group into the scope of
consolidation during the reporting period compared
with the previous year, and the significant increase
in the operating revenue and profit during the
Net profit (loss reporting period thanks to the synergy effects
expressed with “-”) achieved by Source Photonics using the group’s
funds, talents, technologies, customers, and other
resources; and 2. the stable shipment of
conventional printed circuit boards, precision
components, and photoelectric display modules.
The same period
The reporting %
Cash flow statement of the previous Main reason
period Change
year
Primarily due to the additional payment in cash for
acquiring and constructing fixed assets given the
Company’s enhanced efforts for expanding the
production capacity of optical modules (including
Net cash flows from
-2,528,173,507.65 -972,599,636.01 -159.94% optical chips) and AI PCBs in response to the
investing activities
explosive demands for AI data centers, and the
payment of the remaining amount for acquiring the
equity interests in Source Photonics during the
reporting period.
DSBJ First Quarter Report 2026
Primarily due to the new M&A loans corresponding
to the progressive payment for transfer of equity
Net cash flows from interests, and relevant additional borrowings to
financing activities cover capital expenditures to meet rapid business
expansion and demands for operating funds during
the reporting period.
Primarily due to the exchange rate fluctuation
Effect of exchange
during the reporting period, resulting in great
rate changes on cash -95,821,642.37 17,576,089.34 -645.18%
changes in cash and cash equivalents denominated
and cash equivalents
in other currencies than the functioning currency
Primarily due to the stable operating cash inflow
during the reporting period in one aspect, the
Net increase in cash Company’s enhanced efforts for cash reserve to
and cash equivalents cover capital expenditures to meet rapid business
expansion and demands for operating funds in
another aspect.
II. Shareholder Information
(I) Total number of ordinary shareholders, number of preferred shareholders whose voting rights had
been restituted, and shareholding by the top 10 shareholders
In Shares
Total number of preferred shareholders whose voting
Total number of ordinary shareholders at
the end of the reporting period
period (if any)
Shareholding by the top 10 shareholders (excluding the shares lent via refinancing)
No. of non- Pledge, attachment or freeze
Status of Shareholding
Name of shareholder Shares held tradable shares
shareholder percentage (%) Status of shares Number
held
Domestic
YUAN Yonggang 16.53% 302,781,254 252,224,705 Pledge 104,828,000
natural person
Domestic
YUAN Yongfeng 13.51% 247,526,917 191,929,879 Pledge 56,883,800
natural person
Hong Kong
Foreign
Securities Clearing 3.79% 69,480,875 N/A
corporation
Company Limited
Domestic
YUAN Fugen 3.21% 58,796,052 N/A
natural person
China Life Insurance
Company Ltd. –
Traditional – General
Others 1.11% 20,417,412 N/A
Insurance Product –
Shanghai
New China Life
Insurance Company
Limited –
Participating – Others 0.98% 17,962,635 N/A
Individual
Participating – 018L
– FH002 Shenzhen
New China Life
Insurance Company
Limited – Traditional Others 0.95% 17,416,280 N/A
– General Insurance
Product – 018L –
DSBJ First Quarter Report 2026
CT001 Shenzhen
China Merchants
Bank Co., Ltd. –
Ruiyuan Growth
Others 0.93% 17,092,410 N/A
Value Hybrid
Securities Investment
Fund
Industrial and
Commercial Bank of
China Limited –
Huatai-PineBridge
Others 0.56% 10,311,700 N/A
CSI 300 Exchange-
Traded Index
Securities Investment
Fund
Agricultural Bank of
China Limited –
JPMorgan Emerging
Others 0.53% 9,750,207 N/A
Power Hybrid
Securities Investment
Fund
Shareholding by the top 10 holders of tradable shares (excluding the shares lent via refinancing or under executive lock-up)
Type and number of shares
Name of shareholder No. of tradable shares held
Type of shares Number
RMB-
Hong Kong Securities Clearing
Company Limited
ordinary share
RMB-
YUAN Fugen 58,796,052 denominated 58,796,052
ordinary share
RMB-
YUAN Yongfeng 55,597,038 denominated 55,597,038
ordinary share
RMB-
YUAN Yonggang 50,556,549 denominated 50,556,549
ordinary share
China Life Insurance Company Ltd. – RMB-
Traditional – General Insurance Product 20,417,412 denominated 20,417,412
– 005L – CT001 Shanghai ordinary share
New China Life Insurance Company RMB-
Limited – Participating – Individual 17,962,635 denominated 17,962,635
Participating – 018L – FH002 Shenzhen ordinary share
New China Life Insurance Company
RMB-
Limited – Traditional – General
Insurance Product – 018L – CT001
ordinary share
Shenzhen
China Merchants Bank Co., Ltd. – RMB-
Ruiyuan Growth Value Hybrid Securities 17,092,410 denominated 17,092,410
Investment Fund ordinary share
Industrial and Commercial Bank of
RMB-
China Limited – Huatai-PineBridge CSI
ordinary share
Investment Fund
Agricultural Bank of China Limited – RMB-
JPMorgan Emerging Power Hybrid 9,750,207 denominated 9,750,207
Securities Investment Fund ordinary share
DSBJ First Quarter Report 2026
Among the shareholders listed above, YUAN Yonggang and YUAN
Yongfeng are sons of YUAN Fugen, and YUAN Yongfeng is the elder
brother of YUAN Yonggang. YUAN Fugen, YUAN Yongfeng and YUAN
Affiliates or concert parties among the shareholders listed
Yonggang are our actual controllers. We are not aware whether there are
above
affiliates or concert parties within the meaning of the Administrative
Measures for the Takeover of Listed Companies among other shareholders
listed above.
Securities margin trading conducted by the top 10
N/A
shareholders (if any)
Share lending by shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 holders of tradable
shares via refinancing
□ Applicable N/A
Changes in the top 10 shareholders and the top 10 holders of tradable shares compared with the previous period due to share
lending under refinancing/repayment
□ Applicable N/A
(II) Total number of preferred shareholders of the Company and shareholding by the top 10 holders of
preferred shares
□ Applicable N/A
III. Other Significant Information
□ Applicable N/A
IV. Quarterly Financial Statements
(I) Financial statements
Prepared by: Suzhou Dongshan Precision Manufacturing Co., Ltd.
March 31, 2026
In RMB
Item Closing balance Opening balance
Current assets:
Cash and bank balances 8,945,169,872.83 7,650,283,509.10
Settlement deposit
Loans to banks and other financial institutions
Financial assets held for trading 146,891,704.85 201,553,860.61
Derivative financial assets
Notes receivable
Accounts receivable 9,555,238,301.88 9,792,745,060.06
Accounts receivable financing 399,648,558.37 285,277,607.54
Advances to suppliers 311,594,696.23 274,265,688.35
Premiums receivable
Reinsurance accounts receivable
Reinsurance contract reserves receivable
Other receivables 185,516,155.36 165,859,090.82
Incl.: Interest receivable
Dividends receivable
Financial assets held under resale agreements
DSBJ First Quarter Report 2026
Inventories 9,745,305,354.44 8,928,944,182.01
Incl.: Data resources
Contract assets
Assets held for sale
Non-current assets due within one year
Other current assets 1,366,166,134.85 1,328,586,793.26
Total current assets 30,655,530,778.81 28,627,515,791.75
Non-current assets:
Loans and advances to clients
Debt investments
Other debt investments
Long-term receivables 338,145,181.85 356,797,043.79
Long-term equity investment 124,827,697.54 126,566,432.55
Investments in other equity instruments 443,564,206.28 442,976,297.74
Other non-current financial assets
Investment properties 141,482,734.90 142,555,461.11
Fixed assets 16,462,103,824.49 16,586,762,231.15
Construction in progress 3,447,555,504.13 2,345,985,416.22
Productive biological assets
Oil and gas assets
Right-of-use assets 2,122,766,576.20 2,209,353,814.61
Intangible assets 1,263,536,432.72 1,321,067,216.43
Incl.: Data resources
Development expenses 47,059,129.08 41,694,639.16
Incl.: Data resources
Goodwill 4,769,259,362.01 4,769,259,362.01
Long-term deferred expenses 985,449,143.32 990,698,521.69
Deferred tax assets 905,697,493.00 829,762,594.06
Other non-current assets 1,338,637,442.03 1,459,542,272.71
Total non-current assets 32,390,084,727.55 31,623,021,303.23
Total assets 63,045,615,506.36 60,250,537,094.98
Current liabilities:
Short-term borrowings 8,861,034,376.38 8,011,474,049.03
Borrowings from the Central Bank
Borrowings from banks and other financial institutions
Financial liabilities held for trading 71,497,183.84 46,545,937.17
Derivative financial liabilities
Notes payable 915,591,987.37 1,002,812,950.68
Accounts payable 12,872,545,854.06 13,043,136,687.34
Advances from clients
Contract liabilities 468,039,425.95 474,660,658.17
Financial assets sold under repurchase agreements
Deposits from clients and other banks
Funds received as stock broker
Funds received as underwriter of securities
Employee benefits payable 820,501,694.46 995,231,432.74
Taxes payable 632,223,582.26 641,337,262.33
Other payables 259,090,579.70 705,336,813.22
Incl.: Interest payable
Dividends payable
Fees and commissions payable
Reinsurance accounts payable
Liabilities held for sale
Non-current liabilities due within one year 3,274,772,236.99 3,488,303,627.95
Other current liabilities 45,041,260.95 43,838,129.08
DSBJ First Quarter Report 2026
Total current liabilities 28,220,338,181.96 28,452,677,547.71
Non-current liabilities:
Provision for insurance contracts
Long-term borrowings 8,230,896,518.92 6,375,079,464.54
Bonds payable
Incl.: Preferred shares
Perpetual bonds
Lease liabilities 1,794,417,514.28 1,790,064,820.73
Long-term payables
Long-term employee benefits payable 138,140,507.86 142,470,448.33
Provisions 250,844,235.60 263,756,502.85
Deferred income 935,846,329.48 889,843,133.49
Deferred tax liabilities 582,482,022.06 634,806,937.54
Other non-current liabilities
Total non-current liabilities 11,932,627,128.20 10,096,021,307.48
Total liabilities 40,152,965,310.16 38,548,698,855.19
Owners’ equity:
Share capital 1,831,607,532.00 1,831,607,532.00
Other equity instruments
Incl.: Preferred shares
Perpetual bonds
Capital reserve 9,334,943,023.09 9,257,892,537.77
Less: Treasury shares 125,085,277.62 175,076,133.79
Other comprehensive income -301,215,059.20 -240,832,682.74
Special reserve
Surplus reserve 249,150,887.74 249,150,887.74
General risk reserve
Retained profits 11,648,298,773.99 10,538,405,831.61
Total owners’ equity attributable to the parent company 22,637,699,880.00 21,461,147,972.59
Minority interests 254,950,316.20 240,690,267.20
Total owners’ equity 22,892,650,196.20 21,701,838,239.79
Total liabilities and owners’ equity 63,045,615,506.36 60,250,537,094.98
Legal Representative: YUAN Yonggang CFO: WANG Xu Accounting Supervisor: ZHU Deguang
In RMB
Amount of the current Amount of the
Item
period previous period
I. Total operating revenue 13,137,636,263.36 8,602,240,027.91
Incl.: Operating revenue 13,137,636,263.36 8,602,240,027.91
Interest income
Premiums earned
Fee and commission income
II. Total operating costs 11,800,615,115.09 8,056,258,755.19
Incl.: Operating cost 10,598,454,911.38 7,386,509,909.13
Interest expenses
Fee and commission expenses
Surrenders
Net payments for insurance claims
Net insurance contract reserves
Policyholder dividends
Reinsurance expenses
DSBJ First Quarter Report 2026
Taxes and surcharges 37,785,231.98 37,493,838.97
Selling expenses 128,114,079.16 75,172,569.57
Administrative expenses 416,447,887.25 274,814,509.17
R&D expenses 371,366,457.55 275,326,675.54
Financial expenses 248,446,547.78 6,941,252.81
Incl.: Interest expenses 141,106,122.55 100,059,283.90
Interest income 39,183,662.03 56,209,956.61
Add: Other income 93,211,843.37 77,548,707.75
Investment income (loss expressed with “-”) 3,687,385.19 -5,756,481.87
Incl.: Investment income from associates and joint ventures -1,068,408.45 -1,997,494.01
Gain on derecognition of financial assets at amortized cost
Exchange gain (loss expressed with “-”)
Net exposure hedging income (loss expressed with “-”)
Gain on changes in fair value (loss expressed with “-”) -6,726,607.92 496,253.51
Credit impairment loss (loss expressed with “-”) 6,206,988.40 7,724,293.60
Impairment loss on assets (loss expressed with “-”) -103,758,576.15 -29,196,211.51
Gain on disposal of assets (loss expressed with “-”) -5,268,719.17 -1,902,786.17
III. Operating profit (loss expressed with “-”) 1,324,373,461.99 594,895,048.03
Add: Non-operating revenue 1,101,914.33 3,138,139.14
Less: Non-operating expenses 10,220,133.45 1,346,996.26
IV. Profit before tax (loss expressed with “-”) 1,315,255,242.87 596,686,190.91
Less: Income tax expenses 191,102,251.49 140,159,627.28
V. Net profit (loss expressed with “-”) 1,124,152,991.38 456,526,563.63
(I) Classified by continuity of operation
(II) Classified by attribution
VI. Other comprehensive income, net after tax -60,382,376.45 54,398,416.31
Other comprehensive income attributable to owners of the parent company, net
-60,382,376.45 54,398,416.31
after tax
(I) Other comprehensive income that cannot be reclassified to profit or loss
under the equity method
(II) Other comprehensive income that will be reclassified to profit or loss -60,382,376.45 54,398,416.31
under the equity method
Other comprehensive income attributable to minority interests, net after tax
VII. Total comprehensive income 1,063,770,614.93 510,924,979.94
Total comprehensive income attributable to owners of the parent company 1,049,510,565.93 510,260,838.48
Total comprehensive income attributable to minority interests 14,260,049.00 664,141.46
DSBJ First Quarter Report 2026
VIII. Earnings per share:
(I) Basic earnings per share 0.61 0.27
(II) Diluted earnings per share 0.61 0.27
Legal Representative: YUAN Yonggang CFO: WANG Xu Accounting Supervisor: ZHU Deguang
In RMB
Amount of the current Amount of the
Item
period previous period
I. Cash flows from operating activities:
Proceeds from sale of goods and rendering of services 13,261,147,589.55 9,150,872,062.61
Net increase in deposits from clients and other banks
Net increase in borrowings from the Central Bank
Net increase in borrowings from other financial institutions
Proceeds from premiums under prior insurance contracts
Net proceeds from reinsurance business
Net increase in insured’s deposits and investments
Proceeds from interest, fees and commissions
Net increase in borrowings from banks and other financial institutions
Net increase in receipts under repurchase transactions
Net cash received as stock broker
Tax refunds received 401,653,145.41 436,846,040.44
Other cash receipts related to operating activities 208,045,924.34 586,739,349.17
Cash provided by operating activities 13,870,846,659.30 10,174,457,452.22
Payments for purchase of goods and receipt of services 10,086,867,254.09 6,929,073,577.05
Net increase in loans and advances from clients
Net increase in deposits in the Central Bank and other banks
Payment of claims under prior insurance contracts
Net increase in loans to banks and other financial institutions
Payment of interest, fees and commissions
Payment of policyholder dividends
Payments to and for employees 1,943,919,658.86 1,339,901,217.01
Taxes paid 267,633,751.21 120,166,503.25
Other cash payments related to operating activities 445,753,621.85 419,909,563.40
Cash used in operating activities 12,744,174,286.01 8,809,050,860.71
Net cash flows from operating activities 1,126,672,373.29 1,365,406,591.51
II. Cash flows from investing activities:
Proceeds from disposal of investments 11,502,916.88 38,814,660.00
Proceeds from return on investments 14,131,020.89 1,793,948.24
Net proceeds from the disposal of fixed assets, intangible assets and other
long-term assets
Net proceeds from the disposal of subsidiaries and other business entities
Other cash receipts related to investing activities 1,536,396,171.08 346,373,548.26
Cash provided by investing activities 1,564,747,291.85 462,939,018.26
Payments for the acquisition of fixed assets, intangible assets and other long-
term assets
Payments for investments 29,602,246.14 21,549,777.20
Net increase in mortgage loans
Net payments for the acquisition of subsidiaries and other business entities 464,426,795.84
Other cash payments related to investing activities 1,438,920,284.33 317,273,465.67
DSBJ First Quarter Report 2026
Cash used in investing activities 4,092,920,799.50 1,435,538,654.27
Net cash flows from investing activities -2,528,173,507.65 -972,599,636.01
III. Cash flows from financing activities:
Proceeds from investors 69,670,658.08
Incl.: Proceeds of subsidiaries from minority shareholders’ investments
Cash receipts from borrowings 5,607,296,293.60 2,333,527,224.72
Other cash receipts related to financing activities 1,585,316,612.83 415,320,307.41
Cash provided by financing activities 7,262,283,564.51 2,748,847,532.13
Repayment of borrowings 2,496,558,603.16 2,333,848,790.79
Payment of distribution of dividends and profits or for interest 113,029,577.10 80,197,102.42
Incl.: Dividends and profits distributed by subsidiaries to minority
shareholders
Other cash payments related to financing activities 2,251,979,461.25 67,196,316.12
Cash used in financing activities 4,861,567,641.51 2,481,242,209.33
Net cash flows from financing activities 2,400,715,923.00 267,605,322.80
IV. Effect of exchange rate changes on cash and cash equivalents -95,821,642.37 17,576,089.34
V. Net increase in cash and cash equivalents 903,393,146.27 677,988,367.64
Add: Opening balance of cash and cash equivalents 6,104,722,626.15 5,343,600,382.37
VI. Closing balance of cash and cash equivalents 7,008,115,772.42 6,021,588,750.01
(II) Adjustment of the opening balance of related financial statement items due to the
initial adoption of new accounting standards since 2026
□ Applicable N/A
(III) Auditor’s report
Whether the First Quarter Financial Report has been audited
□ Yes No
The Company’s First Quarter Financial Report has not been audited.
Board of Directors of Suzhou Dongshan Precision Manufacturing Co., Ltd.
April 27, 2026
