立讯精密:2024年年度报告(英文版)

Luxshare Precision Industry Co., Ltd.
Annual Report 2024
2025-036
April 2025

Annual Report 2024
Section I Important Note, Table of Contents and Definitions
The Board of Directors, the Board of Supervisors, directors, supervisors
and executives of the Company hereby warrant that the information contained
in thisAnnual Report is true, accurate and complete and thisAnnual Report is
free from any misrepresentation, misleading statement or material omission,
and agree to assume joint and several liability for thisAnnual Report.
WANG Laichun, Principal of the Company, CFO WU Tiansong and Chief
Accountant CHEN Huiyong hereby represent that the financial statements
contained in thisAnnual Report are true, accurate and complete.
All directors of the Company attended the meeting of the Board of Directors
reviewing thisAnnual Report.
The relevant risks facing the Company are set out in "Section III
Management’s Discussion and Analysis - XI. Prospects for future development
of the Company”.
According to the profit distribution proposal approved by the Board of
Directors, the Company will distribute a cash dividend of RMB 2 (inclusive of
tax) per 10 shares to all shareholders on the basis of 7,247,395,805 shares, and
will not distribute any bonus shares or transfer any capital reserve to the share
capital for the reporting period.

Table of Contents

Section I Important Note, Table of Contents and Definitions......2
Section II Company Profile and Key Financial Indicators......11
I. Company Profile......11
II. Contact Person and Contact Information......11
Iii. Media for Information Disclosure and Place for KeepingAnnual Report......11
IV. Changes in Registration Particulars......11
V. Other Related Information......12
VI. KeyAccounting Data and Financial Indicators......12
VII. Differences inAccounting Data arising fromAdoption of Chinese and ForeignAccounting

Standards Concurrently...... 13
VIII. Key Quarterly Financial Indicators......13
IX. Items andAmounts of Non-Recurring Gains or Losses......13
Section III Management’s Discussion andAnalysis......15
I. Industry Landscape of the Company during the Reporting Period......15
II. Principal Businesses of the Company during the Reporting Period......16
III.Analysis of Core Competencies......18
IV.Analysis of Main Business......20
V.Analysis of Non-main Business...... 55
VI.Analysis ofAssets and Liabilities......56
VII.Analysis of Investments...... 58
VIII. Sale of MaterialAssets and Equities......61
IX.Analysis of Major Controlled and Investee Companies......62
X. Structured Entities Controlled by the Company...... 66
XI. Prospects for Future Development of the Company......66
XII. Research, Communication, Interview and RelatedActivities during the Reporting Period.. 68
XIII. Formulation and Implementation of Market Value Management System and Value

Enhancement Plan......69
XIV. Implementation of the Quality Return Double ImprovementAction Plan......69
Section IV Corporate Governance...... 73
I. Overview of our Corporate Governance...... 73
II. The Company’s Independence of its Controlling Shareholder and Actual Controller inAssets,
Personnel, Finance, Organization and Business...... 74
III. Horizontal Competition......75
IV.Annual and Extraordinary General Meetings of Shareholders Held during the Reporting

Period......75
V. Directors, Supervisors and Executives...... 77
VI. Performance of Duties by the Directors during the Reporting Period......83
VII.Activities of the Committees of the Board of Directors during the Reporting Period......86
VIII.Activities of the Board of Supervisors...... 90
IX. Employees......90
X. Profit Distribution and Transfer of Capital Reserve to the Share Capital...... 91
XI. Implementation of Share Incentive Plans, Employee Stock Ownership Plans and Other

Employee Incentives Granted by the Company......93
XII. Establishment and Implementation of Internal Controls during the Reporting Period......99
XIII. Management and Control of Subsidiaries during the Reporting Period......99
XIV. Self-assessment Report on Internal Controls orAuditor’s Report on Internal Controls..... 100
XV. Rectification of Non-compliance Identified in the Special Self-examination of Corporate

Governance of the Listed Company...... 101
Section V Environment and Social Responsibilities......102
I. Significant Environmental Issues......102
II. Description of Social Responsibilities......121
III. Consolidation and Expansion of PovertyAlleviation and Rural Revitalization...... 122
Section VI Significant Matters......123
I. Fulfillment of Commitments...... 123
II. Occupation of Funds of the Listed Company by the Controlling Shareholder and Other

Related Parties for Non-operating Purposes...... 126
III. Illegal Provisio