Stockcode:000058,200058Stockabbreviation:SHENSEG，SHENSEGBNoticeNo.:2026-011

Abstractof2025AnnualReportof

ShenzhenSEGCo.,Ltd.

I.ImportantNoticeTheabstractof2025AnnualReportisexcerptedfromthefulltextof2025AnnualReport.Formoredetailsabouttheoperatingresult,financialcondition,andfuturedevelopmentplanning,investorsshallreadcarefullythesaidfulltextpublishedonthedesignatedmediabyChinaSecuritiesRegulatoryCommission(CSRC).AlldirectorsoftheCompanyattendedtheBoardmeetingonwhichthisreportwasreviewed.Noticeofnon-standardauditopinions

□Applicable?NotapplicableProposalforprofitdistributionofcommonsharesorproposalfortransferofcapitalreservesintosharecapitalduringthereportingperioddeliberatedbytheBoardofDirectors?Applicable□NotapplicableWhethercapitalreserveistransferredintosharecapital

□Yes?NoTheBoardmeetinghasdeliberatedandapprovedthefollowingprofitdistributionproposal:DistributeacashdividendofRMB0.24(taxinclusive)forevery10sharestoallshareholdersbasedonatotalsharecapitalof1,231,200,672shares;nobonusshareswillbeissuedandnocapitalreservewillbeconvertedintosharecapital.ProposalforprofitdistributionofpreferredsharesinthereportingperiodadoptedintheresolutionoftheBoardofDirectors

□Applicable?Notapplicable

II.CompanyProfile

1.BasicInformation

2.ProfileofMainBusinessorProductsDuringtheReportingPeriodAmidacomplexandevolvingexternalenvironment,theCompanyproactivelyadaptedtonewcircumstances,respondedtonewpolicyrequirements,andactivelyservedandcontributedtothecountry’soveralldevelopmentstrategy.Inclosealignmentwithits“14thFive-YearPlan”strategicguidelinesof“adjustingthemainbusinessstructureandbuildingafoundationforemergingindustries,”theCompanyadheredtotheprincipleofpursuingprogresswhileensuringstability.Focusingonkeydriverssuchas“acustomer-firstapproach,reformandinnovation,serviceenhancement,anddigitalempowerment,”theCompanyhasreinvigorateditstraditionalsectors,steadilyexpandeditsstrategicemergingsectors,andprogressivelyadvancedtheoptimizationandupgradingofitsindustrialstructure,givingfullplaytothedrivingandleadingroleofastate-ownedenterprise.ThemainbusinessesoftheCompanyincludedelectronicmarketcirculationbusinesscenteredontheoperationandservicesofelectronicmarket,theinspection,testing,andcertificationindustryfocusedontestingservicesandtheR&Dandmanufacturingoftestingequipment;thepropertymanagementandurbanservicesindustrydedicatedtoprovidingspecializedandcustomizedservices;andthenewenergyindustrycenteredonthedistributedphotovoltaicindustrialchain,building-integratedphotovoltaics,andintegratedenergymanagement.Duringthereportingperiod,theCompanyexpandeditspresenceintheinspection,testing,andcertificationsectorinlinewithnationalstrategicemergingindustries,furtherexpandeditsnewenergybusinessscenarios,andacceleratedindustrialupgradesinitselectronicmarketcirculation,propertymanagement,andurbanservicesthroughdigitalempowerment.Duringthereportingperiod,theCompanyachievedoperatingrevenueof1,687.65millionyuan,representingadecreaseof79.49millionyuanor4.5%year-on-year.Thedecreasewasprimarilyattributableto:Adeclineinthenumberofpropertymanagementandurbanservicesprojectsundermanagementcomparedtothepreviousyear,leadingtoayear-on-yeardecreaseinoperatingrevenueofapproximately104millionyuan.Totalprofitforthereportingperiodamountedto141.56millionyuan,representinganincreaseof20.3millionyuanor16.74%year-on-year.Theincreasewasprimarilyattributableto:1.Investmentgainsofapproximately37millionyuanrecognizedfromthesaleofsharesinHuakongSEGduringtheperiod;and2.Ayear-on-yeardecreaseofapproximately17millionyuanininvestmentincomerecognizedundertheequitymethodbasedontheCompany'sshareholdinginHuakongSEGduringtheperiod.

(1)ElectronicmarketcirculationRootedintheelectronicinformationindustryforoverthreedecades,theCompanyhasconsistentlydedicateditselftoprovidingspecialized,integratedservicesfortheelectronicinformationcirculationsector.Ithassignificantlycontributedtothehigh-qualitydevelopmentofthenationalelectronicinformationindustryandplayedanactiveroleinenhancingChina'scorecompetitivenessintheglobalelectronicinformationindustrychain.TheCompanyhassuccessfullyestablishedtworenownedbrands,SEGE-MarketandSEGCommunicationMarket.Underthisbusinessmodel,theCompanycontrolled,held,heldthesharesof,andoperatedunderauthorizationabusinessnetworkcoveringSouthChina,EastChina,CentralChina,andNorthwestChina.Currently,theCompanymainlyheldthefollowingelectronicmarkets:ShenzhenSEGE-Market,SEGCommunicationMarket,LonggangSEG,ChangshaSEG,WujiangSEG,Xi'anSEG,Xi'anHairongSEG,etc.

Duringthereportingperiod,theCompany,asapioneerandrenownedbrandinChina’selectronicmarketoperations,thoroughlyimplementedthedecisionsanddeploymentsoftheCPCCentralCommitteeandtheStateCouncilonbuildingaunifiednationalmarketandadheringtoarealeconomy-oriented,manufacturing-drivendevelopmentapproach.Itactivelyfulfilledtheworkrequirementsforhigh-levelunificationofthecommodityandservicemarkets,anddeeplyparticipatedinthedevelopmentofShenzhenHuaqiangNorthCommercialCircleasthe"FirstStreetforNewQualityProductiveForces"nationwide.Byfullyleveragingdigitalandintelligenttechnologiesandexpandingitsbrandglobally,theCompanyempoweredmerchantoperationsacrossmultipledimensions,enhancedmarketmanagementefficiencyandglobalbrandinfluence,andacceleratedimplementationofthe"ElectronicMarket-plus"strategy,servingasavital

forcesupportingtherealeconomy.First,consolidatingtheoperationalfoundationofphysicalmarketsandenhancingassetefficiency.Throughtargetedinitiativessuchasoptimizingthebusinessenvironmentandinnovatingscenario-basedexperiences,theCompanyachievedbusinessiterationandstructuraloptimization,effectivelyenhancingrevenuestabilityandreinforcingitsmarketoperations.TheSEGE-MarketoftheCompanywasawardedthetitleof"ShenzhenFive-StarSpecializedElectronicMarket"foritsexceptionalmanagementandservices—thefirstelectronicmarketinShenzhentoreceivethishonor,reflectingtheCompany'songoingcontributiontoadvancinginstitutionalinnovationincommoditytradingmarketsanddeepeningthedevelopmentofShenzhen'ssocialcreditsystem.Second,deepeningdigitaltransformationandbuildingasmartmarketecosystem.TheCompanycomprehensivelyupgradeditsdigitalandintelligentmarketoperationsystem,facilitatingtheefficientcirculationoffactorsandcontinuouslystrengtheningdata-drivendecision-makingmechanisms.Bysteadilyimprovingmarketmanagementefficiencyandacceleratingtheintelligenttransformationofitsindustries,theCompanyeffectivelyaddressedkeychallengesfacedbymerchants,buyers,anditsownoperations,progressivelyadvancingthetransitionfromtraditionalmarketstowardamodelofsmartservicesandecosystemsynergy.Third,focusingonfrontierindustriesandcreatingahubforinnovationinnewqualityproductiveforces.Closelyaligningwithpolicydirectionsandmarketdynamics,theCompanydeeplyexploredmarketdemandpotentialandfocusedonintegratingupstreamanddownstreamresourceswithinthedroneindustrychain.Itsystematicallybuiltacompleteindustrialchain—fromcorecomponentstowhole-machineassembly,andfromR&Danddesigntoproductionandmanufacturing,withitsinnovation-drivenleadershipattractingattentionfromauthoritativemediasuchasCCTV.Leveragingtheclusteringeffectofitsplatforms,theCompanyactivelycultivatednewqualityproductiveforces,withafocusonincubatinghigh-growth-potentialenterprises,therebycontributingtothedevelopmentofShenzhen's"20+8"industrialclusters.

(2)Inspection&testingcertificationDuringthereportingperiod,theroleofinspection,testing,andcertificationhasshiftedfromtraditionalqualitycontroltosupportingtechnologicalinnovation,facilitatinginternationalmarketaccess,andempoweringtheentireindustrialchain.Asakeycomponentofnationalqualityinfrastructure,inspection,testing,andcertificationrepresentahigh-techservice,atechnology-orientedservice,andaproducerserviceunderprioritizedstatesupport,playingavitalroleinservingthemarket,enhancingproductquality,drivingindustrialupgrading,andpromotinghigh-qualityeconomicandsocialdevelopment.TheCompanyisfullycapitalizingonthepolicyopportunitywindowtoaccelerateitsstrategicdeploymentintheinspection,testing,andcertificationsector,continuouslyreinforcingandenhancingitscompetitivepositionwithintheindustry.RegionalLayout:TheCompanyhasstrategicallypositioneditselfinkeyeconomicregionssuchastheYangtzeRiverDeltaandtheGuangdong-HongKong-MacaoGreaterBayArea,establishinganation-wideservicenetworkcomprising“oneheadquarters,fourbases,andoveradozenbranchoffices”thatcoverstargetscriticalindustries.TheCompany’slaboratorieshaveobtainedaccreditationsandcertificationsfrombothdomesticandinternationalauthorities,includingtheChinaNationalAccreditationServiceforConformityAssessment(CNAS),theChinaInspectionBodyandLaboratoryMandatoryApproval(CMA),theInternationalSafeTransitAssociation(ISTA),andtheU.S.ConsumerProductSafetyCommission(CPSC),aswellasindustry-specificcertifications,enablingittodeliverextensive,responsivetechnicalservices.TestingCapabilities:Leveragingcorecompetenciesinsurfaceanalysis,performancetesting,reliabilityandfailureanalysis,climaticandmechanicalenvironmenttesting,andstructuralstrengthandreliabilitytesting,theCompanyhasdevelopedacomprehensive,cross-sectoraltestingservicesystem.Additionally,throughthecontinuousintroductionofinternationallyadvancedtestingequipmentsuchastheShockResponseSpectrum(SRS)system,KM1.5thermalvacuumsystem,andX-rayphotoelectronspectroscopy(XPS),theCompanyhassignificantlyenhanceditstestingandanalyticalcapabilitiesforhigh-endandextremeconditions,establishingarobusthardwarefoundationforundertakingmajor,complexprojects.ServiceAreas:TheCompany’soperationsempowernationalstrategicindustries—includingsemiconductors,newenergy,aerospace,next-generationinformationtechnology,railtransportation,shipbuilding,andconstructionmachinery—aswellaskeyupstreamanddownstreamsupplychainsectors,providingservicestonumerousindustry-

leadingenterprisesandresearchinstitutions.

(3)PropertymanagementandurbanservicesDuringthereportingperiod,theCompanyremainedcommittedtothemissionofShenzhen’sstate-ownedenterprisesto“servethebroaderinterests,servethecity,servetheindustries,andservethepeople’slivelihood.”Through“small-scalepropertyservices”thatsupport“large-scalelivelihoodneeds,”iteffectivelyenhancedthequalityofurbanlivingspacesandpromotedsynergisticindustrialdevelopment.First,itreinforceditscustomer-orientedapproachtostrengthenthefoundationofservicedelivery.TheCompanycontinuedtosolidifyitsservicecapabilitiesandestablishahigh-qualityservicestandardsystem,achievingasignificantimprovementincustomersatisfaction.Itreceivedanumberofaccolades,including“OutstandingPartner”and“LeadingEnterpriseinCustomerSatisfactionAmongChina’sTop100PropertyManagementCompanies.”Second,itfacilitatedurbanrenewaltosafeguardpeople’slivelihood.TheCompanyfocusedonfacilitatingtheinstallation,upgrading,andrenovationofelevatorsinoldresidentialcommunities—projectscriticaltopeople’slivelihood—therebyeffectivelyimprovinginfrastructure,enhancingthelivingenvironmentandurbanquality,andconvertingpolicybenefitsintotangiblewellbeingoutcomes.Third,itdeepenedtheapplicationofdigitalandsmarttechnologiestodriveinnovationinservicemodels.TheCompanymadesignificantstridesinthedevelopmentanddeploymentofitssmartpropertymanagementplatform,successfullyestablishinganintegrated,one-stopoperationsmanagementsystem.Byleveragingkeyprojectstocreatereplicabledemonstrationprojects,itsystematicallyempoweredservicedelivery,management,anddecision-making,achievingenhancedoperationalrefinementthatsupportsthedevelopmentofShenzhen’sdigitalgovernmentandsmartcityinitiatives.

(4)NewenergyDuringthereportingperiod,theCompanyactivelypursuedthenational“DualCarbon”strategy,aligningwiththepolicydirectionofGuangdongprovinceandShenzhencitytoacceleratethedevelopmentofanewenergysystemandpromoteacomprehensivegreenandlow-carbontransformationofeconomicandsocialdevelopment.WithafocusonShenzhenandapresenceacrossthecountry,theCompanycontinuedtoexplorehigh-qualityprojectsandsteadilyexpandeditsprojectresourcereserves.Ontheinvestmentside,itestablishedarobustmechanismtoselectthebestoptions,strictlycontrolledprojectqualityandrisks,andensuredinvestmentsoundnessandreturns.Ontheconstructionside,itacceleratedthedevelopmentofdistributedphotovoltaicpowerstationprojects,successfullycompletedinstallationworkaheadofcriticalpolicydeadlines,andachievedsignificantgrowthininstalledcapacity.Bytheendofthereportingperiod,theCompany’scumulativecontributionofgreenpowerhadexceeded180millionkWh.Inaddition,theCompanyactivelyexpandeditsbusinessboundaries,successfullylaunchingitsfirsthigh-voltageenergystorageprojectanditsfirstultra-fastchargingstation,therebysuccessfullyachievingbreakthroughsinnewbusinesssegments.ItsfirstBIPVprojectwithsingle-contractsalesexceedingRMB10millionwassuccessfullydelivered,anditprovidedlow-carbonsolutionsforvenuesoftheNationalGames.Withbreakthroughsachievedindiversescenariossuchaslarge-scaletransportationhubsandsportsvenues,theCompanyhasdevelopedreplicablebenchmarkcases,contributingtothelow-carbontransformationoftheconstructionindustryandadvancingthedevelopmentofaBeautifulChina.

3.MainAccountingDataandFinancialIndicators

(1)MainaccountingdataandfinancialindexesinrecentthreeyearsWhethertheCompanyneedstoperformretrospectiveadjustmentorrestatementofaccountingdataforpreviousyears?Yes□NoReasonsforretrospectiveadjustmentorrestatementBusinesscombinationundercommoncontrol

Unit:RMB/Yuan

(2)Mainaccountingdatabyquarter

Unit:RMB/yuan

Whethertherearesignificantdifferencesbetweentheabove-mentionedfinancialindicatorsoritstotalnumberandtherelevantfinancialindicatorsdisclosedintheCompany’squarterlyreportsandsemi-annualreport?Yes□No

InDecember2025,theCompanycompletedabusinesscombinationundercommoncontrolinvolvingShenzhen863NewMaterialandTechnologyCo.,Ltd.InaccordancewiththerelevantprovisionsoftheAccountingStandardsforBusinessEnterprises,retrospectiveadjustmentsweremadetothefinancialstatementsofthecomparativeperiod.Accordingly,thefinancialdatabyquarterdisclosedintheannualreport(includingthedataoftheacquireeafterretrospectiveadjustment)differfromtherelevantfinancialindicatorspreviouslydisclosedinthequarterlyreportsandsemi-annualreport.

4.ShareholdersandShareholderInformation

(1)Totalnumberofordinaryshareholders,numberofpreferredshareholderswhosevotingrightswereresumedandshareholdingsoftop10shareholders

Unit:share

Participationofmarginsecuritiesloanbyshareholdersholdingmorethan5%oftotalshares,top10shareholders,andtop10shareholderswithoutsellingrestrictions

□Applicable?NotapplicableChangesoftop10shareholdersandtop10shareholderswithoutsellingrestrictionsoverthepreviousperiodduetothelendingorreturnofshareslentthroughmarginsecuritiesloan

□Applicable?Notapplicable

(2)NumberofPreferredShareholdersandSharesHeldbyTop10PreferredShareholders

□Applicable?NotapplicableInthereportingperiod,noshareholdersheldpreferredshares.

(3)DiagramonequityandcontrolrelationshipbetweentheCompanyandactualcontrollers

State-ownedAssetsSupervisionandAdministrationCommissionofShenzhenMunicipalPeople’s

GovernmentShenzhenStateOwnedEquityManagementCo.,Ltd.

ShenzhenSEGGroupCo.,Ltd.

ShenzhenSEGGroupCo.,Ltd.ShenzhenSEGCo.,Ltd.

5.BondsinExistenceasoftheApprovalDateoftheAnnualReport

□Applicable?NotapplicableIII.ImportantEvents