Stock code: 688036 Stock abbreviation: Transsion Holdings Announcement No.: 2025-002

Shenzhen Transsion Holdings Co., Ltd

2024 Annual Results Bulletin Announcement

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

The main financial data of 2024 contained in this announcement are preliminary accounting data, which have not been audited by accounting firms, and the specific data are subject to the company's 2024 annual report, and investors are reminded to pay attention to investment risks.

1. Main financial data and indicators for 2024

Unit: RMB 10,000 yuan, 10,000 shares

Item Current reporting period Same period last year Change (%)

Total operating income 6,874,329.10 6,229,487.68 10.35

Operating profit 656,469.45 674,658.47 -2.70

Total profit 668,025.78 671,439.53 -0.51

559,013.70 553,704.52 0.96 attributable to owners of the parent company

Net profit

attributable to the owner of the parent company

Net 460,917.69 513,353.92 -10.21 net of non-recurring gains and losses

profit

Basic earnings per share (RMB) 4.94 6.88 -28.20

The weighted average return on equity was 28.77% and 31.08%, a decrease of 2.31 percentage points

End of the reporting period Beginning of the reporting period Change of change (%)

Total assets 4,528,107.58 4,612,100.05 -1.82

Owners attributable to parent company 2,023,552.58 1,805,520.61 12.08

Rights

Share capital 114,035.0575 80,656.5200 41.38

17.75 22.39 -20.72 attributable to owners of the parent company

Net assets per share (RMB)

Note: 1. The beginning of the reporting period is the same as the end of the previous year as disclosed by law.

2. The financial data of the same period in this report are restated in accordance with the Compilation of Guidelines for the Application of Accounting Standards for Business Enterprises 2024 and the Interpretation of Accounting Standards for Business Enterprises No. 18 and other relevant regulations.

3. The above financial data and indicators are filled in with the data of the consolidated financial statements, which are unaudited, and the final results are subject to the company's 2024 annual report.

4. The difference in the data in the table is due to rounding.

2. Explanation of operating performance and financial situation

(1) The operating situation, financial situation and main factors affecting the operating performance in the reporting period

In 2024, the company achieved a total operating income of 6,874,329.10 million yuan, an increase of 10.35% over the same period of the previous year; operating profit was 6564.6945 million yuan, down 2.70% from the same period last year; net profit attributable to owners of the parent company was 559,013.70 million yuan, an increase of 0.96% over the same period of last year; net profit attributable to owners of the parent company after deducting non-recurring gains and losses was 460,917.69 million yuan, down 10.21% from the same period last year; Basic earnings per share was 4.94 yuan, down 28.20% from the same period last year.

At the end of 2024, the company's total assets were 4,528,107.58 million yuan, a decrease of 1.82% from the beginning of the reporting period; Attribution

the owner's equity of the parent company was 2,023,552.58 million yuan, an increase of 12.08% over the beginning of the reporting period; Net assets per share attributable to owners of the parent company were 17.75 yuan, a decrease of 20.72% from the beginning of the reporting period.

During the reporting period, the main factors affecting the operating performance: the company adhered to the guidance of user value, continued to explore emerging markets and promote product upgrades, the overall shipment increased year-on-year, and the operating income increased; At the same time, due to the comprehensive impact of market competition and supply chain costs, the gross profit margin decreased, and the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses decreased; The decrease in basic earnings per share and net assets per share was mainly due to the increase in share capital due to the conversion of the company's capital reserve into share capital.

(2) The main reasons for the increase or decrease of more than 30% of the items

The company's share capital increased by 41.38% compared with the end of the previous year, mainly due to the conversion of the company's capital reserve into share capital during the reporting period.

3. Risk Warning

The main financial data for 2024 contained in this announcement are preliminary accounting data, which have not been audited by accounting firms, and the specific data are subject to the data disclosed in the company's 2024 annual report, and investors are reminded to pay attention to investment risks.

The announcement is hereby made.

Board of Directors of Shenzhen Transsion Holdings Co., Ltd

February 26, 2025