东山精密:2025年半年度报告(英文版)

Suzhou Dongshan Precision Manufacturing Co., Ltd.
Semi-Annual Report 2025
August 27, 2025

Section I Important Note, Table of Contents and Definitions
The Board of Directors, the Board of Supervisors, directors, supervisors and senior
executives of the Company hereby warrant that the information contained in this Semi-
Annual Report is true, accurate and complete without any misrepresentation, misleading
statement or material omission, and agree to assume joint and several liabilities for this
Semi-Annual Report.
YUAN Yonggang, Principal of the Company, CFO WANG Xu and Accounting
Supervisor ZHU Deguang hereby represent that the financial statements contained in this
Semi-Annual Report are true, accurate and complete.
All directors of the Company attended the meeting of the Board of Directors reviewing
this Semi-Annual Report.
Forward-looking statements such as those on future development plans in this Report
do not constitute substantial commitments by the Company to the investors. The investors
should make investments rationally and keep an eye on the associated risks.
In this Report, the Company has elaborated relevant potential risk factors and
countermeasures, as can be referred to in “X. Risk Exposures to the Company and
Countermeasures” under “Section III Management’s Discussion and Analysis”, to which
the investors should pay attention.
The Company has no plan to pay cash dividends, distribute bonus shares or convert
any capital reserve to the share capital.
Note:
This document is a translated version of the Chinese Semi-Annual Report 2025 (“2025 年 半 年度 报 告 ”). In case of any
discrepancies, the Semi-Annual Report 2025 published in the Chinese version shall prevail. The full Chinese Semi-Annual Report
2025 is available at www.cninfo.com.cn.

Table of Contents

Section I Important Note, Table of Contents and Definitions......2
Section II Company Profile and Financial Highlights......7
Section III Management’s Discussion and Analysis...... 10
Section IV Corporate Governance, Environment, and Society......26
Section V Significant Matters......29
Section VI Changes in Shares and Shareholders......37
Section VII Bonds......43
Section VIII Financial Report......44
Section IX Other Reporting Data......154
List of References
I. Financial statements signed and chopped by Mr. YUAN Yonggang, legal representative, Mr. WANG Xu, CFO, and Mr. ZHU
Deguang, Accounting Supervisor of the Company;
II. Originals of all documents of the Company publicly disclosed during the reporting period and related announcements;
III. Original of the Semi-Annual Report 2025 stamped with the seal and signed by the legal representative of the Company; and
IV. Place keeping such documents for inspection: Securities Department of the Company at Building 12#, Yunhe Town
Headquarters Industrial Park, No. 99 East Taihu Road, Wuzhong District, Suzhou.

Definitions
Term means Definition
Company, we or means Suzhou Dongshan Precision Manufacturing Co., Ltd.
DSBJ
Electronic circuit means one of our three major business segments, including research and development (R&D), design,
manufacturing and sale of FPCs, rigid PCBs, rigid-flex PCBs and other products.
Photoelectric means one of our three major business segments, including R&D, design, manufacturing and sale of LED
display devices, touch panels, LCMs and other products.
Precision means one of our three major business segments, including design, manufacturing and sale of precision metal
manufacturing structural components and assemblies and other products.
Yongchuang means Suzhou Yongchuang Communication Technology Co., Ltd., a wholly owned subsidiary of the
Communication Company.
HongKong means HongKong Dongshan Precision Union Optoelectronic Co., Limited, a wholly owned subsidiary of the
Dongshan Company.
HongKong
Dongshan means HongKong Dongshan Holding Limited, a wholly owned subsidiary of the Company.
Holding
Dragon Holdings means Dragon Electronix Holdings Inc., a wholly owned subsidiary of HongKong Dongshan.
MFLEX means Multi-Fineline Electronix, Inc., a wholly owned subsidiary of Dragon Holdings.
MFLEX Suzhou means MFLEX Suzhou Co., Ltd., a wholly owned subsidiary of MFLEX.
MFLEX means MFLEX Yancheng Co., Ltd., a wholly owned subsidiary of MFLEX.
Yancheng
Multek Group means Multek Group (Hong Kong) Limited, a wholly owned subsidiary of HongKong Dongshan Holding.
Multek Industries means Multek Industries Limited, a wholly owned subsidiary of Multek Group.
Multek means Multek Electronics Limited, a wholly owned subsidiary of Multek Group.
Electronics
Multek China means Multek China Limited, a wholly owned subsidiary of Multek Grou