比亚迪电子2025年年报
ANNUAL REPORT2025年 報 比亞迪電子（國際）有限公司028501211812110025945GAI3D BYD Electronic (International) Company Limited(“BYD Electronic” or the “Company”; together with itssubsidiaries known as the “Group”; stock code: 0285)was spun off from BYD Company Limited (“BYD”, listedon The Stock Exchange of Hong Kong Limited (the “StockExchange”), Stock Code: 01211 (HKD counter); 81211(RMB counter); listed on the Shenzhen Stock Exchange,Stock Code: 002594) and listed on the Main Board ofthe Stock Exchange on 20 December 2007. The Groupis a global leading provider of high – tech and innovativeproducts, providing customers around the world with one-stop product solutions relying on its core advantagesin electronic information, AI, 5G and Internet of Things,thermal management, new materials, precision molds anddigital manufacturing technologies. The Group engagesin a wide variety of businesses ranging from smartphones, computers, new energy vehicles, AI computinginfrastructure, smart home, game hardware, unmannedaerial vehicles, 3D printers, Internet of Things, robots,communication equipment to other diversified market areas. CONTENTS目錄 Financial Highlights2Corporate Information3Chairman’s Statement5Management Discussion and Analysis8Directors and Senior Management28Corporate Governance Report34Report of the Directors58Independent Auditor’s Report82Consolidated Statement of Profit or Loss93Consolidated Statement of Comprehensive Income94Consolidated Statement of Financial Position95Consolidated Statement of Changes in Equity97Consolidated Statement of Cash Flows99Notes to Financial Statements102Five Year Financial Summary212 FINANCIAL HIGHLIGHTS 執行董事 EXECUTIVE DIRECTORSWang Nian-qiangJiang Xiang-rong 非執行董事 NON-EXECUTIVE DIRECTORSWang Chuan-fuWang Bo 獨立非執行董事 INDEPENDENT NON-EXECUTIVE DIRECTORS Chung Kwok Mo JohnQian Jing-jieWang Ying 公司秘書 COMPANY SECRETARYLi QianCheung Hon-wan 審核委員會 AUDIT COMMITTEE Wang Chuan-fuWang BoChung Kwok Mo John (Chairman)Qian Jing-jieWang Ying 薪酬委員會 REMUNERATION COMMITTEE Wang Nian-qiangWang Chuan-fuChung Kwok Mo JohnQian Jing-jie (Chairman)Wang Ying NOMINATION COMMITTEE 提名委員會 Jiang Xiang-rongWang Chuan-fu (Chairman)Chung Kwok Mo JohnQian Jing-jieWang Ying CORPORATE INFORMATION 授權代表 AUTHORISED REPRESENTATIVESWang Nian-qiangLi Qian 註冊辦事處11E5505-510 REGISTERED OFFICE Unit 505-510, 5/F, Core Building 1E 1Science Park E AvenueScience ParkPak Shek KokTai PoHong Kong 中國總辦事處及主要營業地點 HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN THE PRC 1518116 No. 1Bibao Second RoadBaolong StreetLonggang DistrictShenzhenThe PRC 518116 SHARE REGISTRAR AND TRANSFER OFFICE 股份過戶登記處 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-171617th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong INVESTOR AND MEDIA RELATIONS CONSULTANT 投資者及傳媒關係顧問 iPR(852) 2136 6185(852) 3170 6606be285@ipr.com.hk iPR Ogilvy LimitedTel: (852) 2136 6185Fax: (852) 3170 6606Email: be285@ipr.com.hk 公司網址http://electronics.byd.com WEBSITEhttp://electronics.byd.com 股份編號0285 STOCK CODE0285 4"//6"-3&10352025#:%&-&$530/*$*/5&3/"5*0/"-$0.1"/:-*.*5&% CHAIRMAN’S STATEMENT Dear Shareholders, I, on behalf of the board (the “Board”) of directors (the “Directors”) ofBYD Electronic (International) Company Limited (“BYD Electronic” orthe “Company”) and its subsidiaries (which are collectively referred toas the “Group”), hereby present the annual report of the Company forthe year ended 31 December 2025 (the “Year” or the “Period” or the“Reporting Period”) to all Shareholders. I n2025,t h e g l o b a l l a n d s c a p e c o n t i n u e d t o e v o l v e a m i d s ttransformation,with the pace of technological breakthroughs andindustrial restructuring accelerating unprecedentedly. The sectors inwhich the Group is deeply engaged – intelligent terminals, intelligentelectricvehicles,and AI computing infrastructure–stand preciselyatthe intersection of this transformation.Riding this wave,BYDElectronicachieved steady business development by virtue ofitsforward-looking technological layout and formidable precisionmanufacturingcapabilities,and established distinct competitiveadvantagesin key fields,laying a solid foundation for leapfrogdevelopment in the future. Looking back over the past year, the Group demonstrated immenseresilience and adaptability in a complex environment. In respect of theintelligent terminal, although the industry faced some challenges, thetrends of premiumization and intelligence remain irreversible. Graspingthispulse,the Group continued to deepen its presence in themanufacturing of precision components and final assembly for globalhigh-endsmartphones,maintaining its position as a core supplier.This is not merely a reflection of manufacturing prowess, but also atestament to deep integration into customers’ innovation chains. TheGroup also actively deepened its on-device AI layout, advancing theR&Dand mass production of high value-added products such asintelligent wearables, sm