Stock code: 000045, 200045 Stock abbreviation: Shen Textile A, Shen Textile B Announcement No.: 2026-04
Summary of 2025Annual Report of Shenzhen Textile
(Holdings) Co., Ltd.
I. Important notes
The summary of the annual report is extracted from the full text of the annual report. In order to fully understand
the Company's operating results, financial status and future development plans, investors should carefully read the
full text of the annual report on the media designated by the CSRC.
All directors attended the board meeting at which this report was considered.
Prompt of a modified report
□Applicable Not applicable
Proposed profit distribution plan or the proposal for capitalization of reserves to increase share capital for the
reporting period deliberated by the Board of Directors
Applicable Not applicable
Whether to convert capital reserves to capital shares
Yes No
The Board has approved a final dividend plan as follows: based on the total share capital of 506,521,849 shares, a
cash dividend of RMB0.48 (tax inclusive) per 10 shares is to be distributed to the shareholders, with no bonus
issue from either profit or capital reserves.
Proposed profit distribution plan for preferred shares for the reporting period resolved by the Board of Directors
□Applicable Not applicable
II. Basic information of the Company
1. Company profile
Stock name Shenzhen TextileA, Shenzhen Textile B Stock code 000045、200045
Stock exchange Shenzhen Stock Exchange
Stock name before the change (if None
any)
Contact person and contact Secretary of the Board of Directors Securities affairs representative
information
Name Huang Min LI Zhenyu
Floor 6, Block A, Shen Fang Building, No. 3 Floor 6, BlockA, Shen Fang Building, No. 3
Office address Huaqiang North Road, Futian District, Huaqiang North Road, Futian District,
Shenzhen Shenzhen
Fax 0755-83776139 0755-83776139
Tel. 0755-83776043 0755-83776043
E-mail huangm@chinasthc.com lizy@chinasthc.com
2. Introduction to main business or products during the reporting period
(I) Main business of the Company
The Company's main business is a high-tech industry focusing on the R&D, production and sales of polarizers for
OLED and LCD display, and the operation and management of its own properties.
During the reporting period, there was no significant change in the Company's primary business. First, the
Company actively adjusted its product structure, implemented a product differentiation strategy, and increased the
sales proportion of high-value-added products. It has the sales volume of ultra-large-size (85" and above)
polarizers surged significantly; second, the Company made every effort to overcome quality problems, improve
customer satisfaction, reduce product return losses and management costs, and at the same time, played a sales-
driven role to promote sales by production, and the production and sales volume repeatedly hit a record high; third,
the Company strengthened lean management, effectively reduced the raw material losses, and saved the
production costs; fourth, the Company strengthened the innovation-led drive, focused on key technology
breakthroughs, promoted the development and industrialization of cutting-edge products, and successfully
achieved the development and first delivery of VA-type high-transmittance and high-polarization 2.0 polarizers;
fifth, the Company initiated the investment and construction of the Line 8 project to break through the production
capacity bottleneck for mid-to-high-end products; sixth, the Company actively promoted the elimination of
enterprises with "non-main business assets non-dominant business assets, inefficient assets and ineffective assets",
improved the mechanism for survival of the fittest enterprises, guided the concentration of resources to the core
business, and enhanced the efficiency of resource utilization; seventh, the Company strengthened supervision and
management, focused on work safety, improved the institutional system, formulated emergency disposal plans,
enhanced safety training and education, carried out safety risk identification, hidden danger investigation and
rectification, consolidated the weak links, and prevented accidents; eighth, continuously improved the quality of
property management service, improve tenant satisfaction, strived to maintain the Company's property rental rate
at a high level, and ensured the stability of the Company's property leasing management business income.
(II) Main
