Ningbo Joyson Electronic Corp. — Earnings Release 2025

Jan 26, 2026

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

均胜电子

JOYSON ELECTRONICS

NINGBO JOYSON ELECTRONIC CORP.

寧波均勝電子股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 0699)

POSITIVE PROFIT ALERT FOR 2025 ANNUAL RESULTS

This announcement is made by Ningbo Joyson Electronic Corp. ("the Company" or "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Hong Kong Listing Rules") and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong), to provide shareholders of the Company and the public with the financial information of the Company. This announcement is also published simultaneously on the Shanghai Stock Exchange. Therefore, this announcement is issued in accordance with Rule 13.10B of the Hong Kong Listing Rules. The board of directors of the Company hereby announces that the Group expects to record an increase in net profit attributable to shareholders for the year ending December 31, 2025 (the "Reporting Period").

IMPORTANT NOTE:

• The Company expects to achieve a net profit attributable to its shareholders of approximately RMB1.35 billion for the Reporting Period, representing an increase of approximately RMB390 million, or a year-on-year increase of approximately $40.56\%$ compared to the same period last year (according to statutory disclosure data). During the Reporting Period, the Company recorded non-recurring losses of approximately RMB160 million, primarily attributable to the disposal of the weighing apparatus business by the Company's subsidiary, Guangdong Senssun Weighing Apparatus Group Ltd.(廣東香山衡器集團股份有限公司) (a company listed on the Shenzhen Stock Exchange, stock code: 002870.SZ), and restructuring of certain overseas manufacturing facilities.

I. ESTIMATED RESULTS FOR THE REPORTING PERIOD

(I) Period of estimated results

From January 1, 2025, to December 31, 2025

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(II) Estimated Results

Based on preliminary calculations by the finance department, the Company expects to achieve a net profit attributable to its shareholders of approximately RMB1.35 billion for the Reporting Period, representing an increase of approximately RMB390 million, or a year-on-year increase of approximately 40.56% compared to the same period last year (according to statutory disclosure data). The Company expects to achieve a net profit attributable to its shareholders, excluding non-recurring items, of approximately RMB1.5 billion for the Reporting Period, representing an increase of approximately RMB218 million, or a year-on-year increase of approximately 17.02% compared to the same period last year (according to statutory disclosure data).

(III) These estimated results have not been audited by certified public accountants.

II. OPERATING RESULTS AND FINANCIAL POSITION FOR THE SAME PERIOD LAST YEAR

(I) Total profit before tax: RMB1.996 billion; Net profit attributable to shareholders of the Company: RMB960 million; Net profit attributable to shareholders of the Company, excluding non-recurring items: RMB1.282 billion.

(II) Earnings per share: RMB0.69.

III. MAIN REASONS FOR CHANGES IN THE RESULTS OF THE REPORTING PERIOD

(I) Impact of principal business operations

During the Reporting Period, the Company implemented various profit improvement and business integration measures, which have gradually delivered results across its global business regions, with overseas profitability continuing to recover.

(II) Impact of non-operating items

During the Reporting Period, the Company recorded non-recurring losses of approximately RMB160 million, primarily attributable to the disposal of the weighing apparatus business by the Company's subsidiary, Guangdong Senssun Weighing Apparatus Group Ltd. (廣東香山衡器集團股份有限公司) (a company listed on the Shenzhen Stock Exchange, stock code: 002870.SZ), and restructuring of certain overseas manufacturing facilities.

IV. RISKS

There are no material uncertain factors in the Company which will affect the accuracy of the contents of these estimated results.

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V. OTHER EXPLANATORY MATTER

The above estimated data are only preliminary estimate data. Detailed and accurate financial information shall be based on the 2025 annual report which is to be officially disclosed by the Company. Investors are advised to be aware of investment risks.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board
Ningbo Joyson Electronic Corp.
Mr. WANG Jianfeng
Chairman of the Board and Executive Director

Ningbo, the PRC, January 26, 2026

As at the date of this announcement, the Board of the Company comprises: (i) Mr. WANG Jianfeng, Mr. CHEN Wei, Ms. LI Junyu and Mr. CAI Zhengxin as executive directors; (ii) Mr. ZHU Xuesong and Mr. ZHOU Xingyou as non-executive directors; and (iii) Prof. WEI Xuezhe, Prof. LU Guihua, Prof. YU Fang and Ms. XI Xuanhua as independent non-executive directors.

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