苏泊尔:2024年年度报告(英文版)

Zhejiang Supor Co., Ltd.
2024Annual Report
[March 2025]

SECTION I IMPORTANT NOTES, TABLE OF CONTENTS AND
DEFINITIONS
The Board of Directors and the Board of Supervisors of Zhejiang Supor
Co., Ltd (hereinafter referred to as the "Company") and all its directors,
supervisors and senior executives warrant that this annual report is true,
accurate and complete, and does not contain any fictitious statements,
misleading information or significant omissions; all directors, supervisors and
senior executives of the Company undertake, separately and jointly, all
responsibilities in relation to the truth, accuracy and completeness hereof.
Mr. Thierry de LATOUR D'ARTAISE, person in charge of the Company,
and Mr. Xu Bo, person in charge of accounting and person in charge of
accounting department (accountant in charge), hereby confirm that the
financial statement enclosed in this Annual Report is true, accurate and
complete.
All directors have attended the Board Meeting in person.
It is of great uncertainty, for whether it can be realized or not depends on
multiple factors, including market change and effort of management team.
Please be careful of investment risks.
As for the risk factors confronted by the Company, see Part 11
"Prospects for Future Development" of Section III "DISCUSSION AND
ANALYSIS OF THE MANAGEMENT" for details.
The profit distribution plan adopted at this Board Meeting specifies that:
based on the 796,692,233 shares at the end of 2024 (total capital stock of
801,538,407 shares at the end of 2024 deducted by 4,667,500 shares of
repurchased shares in the Company’s special stock repurchase account and
178,674 shares of Restricted Stock repurchased and canceled on January 17,
2025), the Company distributes cash dividend of RMB 28.10 per 10 shares
(tax-inclusive) to all shareholders, and total amount of cash dividends is RMB
2,238,705,174.73, issues 0 bonus shares (tax-inclusive) and will not convert
capital reserves to capital..

Table of Contents

SECTION I IMPORTANT NOTES, TABLE OF CONTENTS AND DEFINITIONS......2
SECTION II COMPANY FILE AND MAJOR FINANCIALINDICATORS ......6
SECTION III DISCUSSIONANDANALYSIS OF THE MANAGEMENT......10
SECTION IV CORPORATION GOVERNANCE......29
SECTION V SOCIALAND ENVIRONMENTALRESPONSIBILITIES......57
SECTION VI SIGNIFICANT EVENTS......62
SECTION VII CHANGES IN SHARE CAPITALAND PARTICULARS ABOUT SHAREHOLDERS ......73
SECTION VIII INFORMATION ON PREFERRED SHARE......83
SECTION IX BONDS ......84
SECTION X FINANCIALSTATEMENT ......85
CATALOG OF REFERENCE DOCUMENTS
I. 2024 Annual Report of the Company and Abstract with signature of legal representative;
II. Financial statements with signature of legal representative, person in charge of accounting and person in charge of
accounting department and seal of the Company;
III. Original of audit report with seal of accounting firm and signature of certified public accountants (CPA);
IV. Original of all documents and announcements published in newspapers designated by CSRC during the reporting period.
Reference documents above archived at the Securities Department of the Company: Securities Department of the Company

Definitions
Items to be Defined means Definitions
SZSE means Shenzhen Stock Exchange
CSRC means China Securities Regulatory Commission
CSDCC means Shenzhen Branch of China Securities Depository and Clearing Corporation
Limited
The Company/this Company/the Group means Zhejiang Supor Co., Ltd.
SEB Internationale means SEB INTERNATIONALE S.A.S
SEB Group means SEB S.A.
Zhejiang Supor Electrical means Zhejiang Supor Electrical Appliances Manufacturing Co., Ltd.
Shaoxing Supor means Zhejiang Shaoxing Supor Domestic Electrical Appliances Co., Ltd.
Supor Vietnam means Supor (Vietnam) Co., Ltd.
Wuhan Recycling means Wuhan Supor Recycling Co., Ltd.
Wuhan Supor Cookware means Wuhan Supor Cookware Co., Ltd.
Wuhan Supor Pressure Cooker means Wuhan Supor Pressure Cooker Co., Ltd.
Omegna means Hangzhou Omegna Commercial Trade Co., Ltd.
Shanghai Marketing means Shanghai Supor Cookware Marketing Co., Ltd.
P&R Products means Zhejiang Supor Plastic & Rubber Co., Ltd.
Yuhuan Sales Company means Yuhuan Supor Cookware Sales Co., Ltd.
SEADA means SOUTH EASTASIADOMESTIC APPLIANCES PTE. LTD.
AFS means AFS VIETNAM MANAGEMENT CO.LTD.
Shanghai WMF means Shanghai WMF Enterprise Development Co., Ltd.
Zhej