东山精密:2024年年度报告(英文版)

Suzhou Dongshan Precision Manufacturing Co., Ltd.
Annual Report 2024
April 25, 2025

Annual Report 2024
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 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 Annual Report.
YUAN Yonggang, Chairman of the Company, CFO WANG Xu and
Accounting Supervisor ZHU Deguang hereby represent that the financial
statements contained in this Annual Report are true, accurate and complete.
All directors of the Company attended the meeting of the Board of Directors
reviewing this 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. Investors and relevant persons shall be sufficiently mindful of risks,
and understand the differences between plans, predictions and commitments.
The Company has fully disclosed the potential risks associated with the
concentration of customers, rapid upgrading and iteration of industrial
technologies, fluctuations in exchange rates, etc. in this Report. Please see “XI.
Prospects for Future Development of the Company” under “Section III.
Management’s Discussion and Analysis”.

According to the profit distribution proposal approved by the Board of
Directors, the Company will distribute a cash dividend of RMB 0.70 (inclusive
of tax) per 10 shares to all shareholders on the basis of 1,697,077,809 shares
(excluding the treasury shares), and will not distribute any bonus shares or
transfer any capital reserve to the share capital.
Note:
This document is a translated version of the Chinese Annual Report 2024 ("2024 年年度报告"). In case of any
discrepancies, the Annual Report 2024 published in the Chinese version shall prevail. The full Chinese Annual
Report 2024 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......8
Section III Management’s Discussion and Analysis ......12
Section IV Corporate Governance ......51
Section V Environmental and Social Responsibilities ......69
Section VI Significant Matters......82
Section VII Changes in Shares and Shareholders......97
Section VIII Preferred Shares......104
Section IX Bonds ......104
Section X Financial Report ......105
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 Annual Report 2024 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 mea Definition
ns
Company, we or DSBJ mea Suzhou Dongshan Precision Manufacturing Co., Ltd.
ns
Electronic circuit mea one of our three major business segments, including research and development (R&D), design,
ns manufacturing and sale of FPCs, rigid PCBs, rigid-flex PCBs and other products.
Photoelectric display mea one of our three major business segments, including R&D, design, manufacturing and sale of
ns LED devices, touch panels, LCMs and other products.
Precision mea one of our three major business segments, including design, manufacturing and sale of precision
manufacturing ns metal structural components and assemblies and other products.
Yongchuang mea Suzhou Yongchuang Communication Technology Co., Ltd., a wholly owned subsidiary of the
Communication ns Company.
HongKong Dongshan mea HongKong Dongshan Precision Union Optoelectronic Co., Limited, a wholly owned subsidiary
ns of the Company.
Dragon Holdings mea Dragon Electronix Holdings Inc., a wholly owned subsidiary of HongKong Dongshan.
ns
MFLEX mea Multi-Fineline Electronix, Inc., a wholly owned subsidiary of Dragon Holdings.
ns
MFLEX Suzhou mea MFLEX Suzhou Co., Ltd., a wholly owned subsidiary of MFLEX.
ns
MFLEX Yancheng mea MFLEX Yancheng Co., Ltd., a wholly owned subsidiary of MFLEX.