Nanjing Jiali Figure Data Center Environmental Technology Co., Ltd. 2025 Annual Report Summary

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Company Code: 603912 Company Name: Jialitu

Convertible Bond Code: 113597 Convertible Bond Name: Jialitu Convertible Bond

Section 1: Important Notices

1. This summary of the annual report is derived from the full annual report. To fully understand the company’s operating results, financial condition, and future development plans, investors should carefully read the full annual report on www.sse.com.cn.

2. The company’s board of directors, directors, and senior management guarantee the authenticity, accuracy, and completeness of the annual report content, with no false records, misleading statements, or major omissions, and assume individual and joint legal responsibilities.

3. All directors attended the board meeting.

4. Tianheng Accounting Firm (Special General Partnership) issued an unqualified audit report for the company.

5. The profit distribution plan or capital reserve transfer plan approved by the board of directors:

Given that the net profit attributable to the parent company for 2025 is negative, considering industry status, company development strategy, and operational factors, to ensure normal production and operation, and to achieve sustainable, stable, and healthy development, the company plans not to distribute cash dividends or transfer capital reserves to increase share capital in 2025.

As of the end of the reporting period, the parent company has unamortized losses and their impact on dividend distribution and other matters.

□Applicable √Not applicable

Section 2: Basic Company Information

1. Company Profile

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2. Main Business During the Reporting Period

The company operates in the data center environment control industry. According to the products and services provided by the company, and based on the industry classification by the China Securities Regulatory Commission, the company belongs to the specialized equipment manufacturing industry (industry code: C35). Data center environment control involves activities such as monitoring and managing humidity, temperature, and environment inside data center rooms. Components and integrated circuits in IT equipment are highly susceptible to interference from temperature, humidity, dust, harmful gases, electromagnetic radiation, lightning, etc. To ensure reliable operation, data centers must have certain environmental conditions, leading to the emergence of the environment control industry. With rapid development in telecommunications, internet, and related sectors, data plays an increasingly important role in social economy and daily life. Ensuring the safe operation of data center rooms is especially critical.

(1) Main Business and Products

During the reporting period, the company continued to focus on R&D of precise environmental control technology for data rooms, providing energy-saving and temperature control equipment, as well as related energy-saving technical services. Its products are used in data centers, communication base stations, and other precision environments with constant temperature and humidity. Customers include government agencies, telecommunications, finance, internet, medical, rail transit, aviation, energy, and other industries. The company’s clients include China Telecom, China Unicom, China Mobile, Huawei, etc. Rich high-quality customer resources have established a good brand image in the industry and laid a solid foundation for sustainable future development.

The main products are precision air conditioning units and integrated data room environment products. Leveraging years of technical accumulation and leading energy-saving control technology, the company also provides technical services, including energy-saving retrofit services aimed at addressing high energy consumption in aging data centers, and operation and maintenance services for data centers. Additionally, the company offers special products such as wet membrane humidifiers and precise air supply fans upon customer requests, used with precision air conditioning units. For high-precision, modular units required in laboratories and clean rooms, the company has launched high-accuracy, modular air conditioning units to meet diverse industrial needs.

(2) Business Model

1. Procurement Mode

The company’s raw materials are mainly purchased by the procurement department. Based on the production plan prepared by the manufacturing department and inventory levels of main raw and auxiliary materials, the procurement department formulates purchase plans, which are implemented after appropriate approval. The company has established comprehensive supplier selection, evaluation, and assessment systems. Suppliers are evaluated based on criteria and approval procedures; qualified suppliers are included in the approved supplier list. Regular follow-up evaluations are conducted—annually for key component suppliers and biennially for others. Unqualified suppliers are disqualified after on-site visits.

2. Production Mode

The company adopts a demand-driven production model based on customer orders. Depending on the customer’s credit status and cooperation history, the company determines the deposit percentage. For strong, reputable, and long-term partners like Huawei, no deposit is required; for regular customers, a deposit of 10-30% of the total contract amount is generally collected before production.

Production plans are made according to delivery deadlines, and raw material procurement is based on these plans. The production process implements comprehensive quality management to ensure efficient and high-quality completion of production tasks.

3. Sales Mode

Main clients include China Mobile, China Telecom, large financial institutions, and internet companies. These clients typically purchase through public bidding, so the company mainly participates in bidding or direct sales. The sales approach involves bidding and the company’s marketing department handles sales and after-sales services.

3. Key Financial Data and Indicators

3.1 Major Financial Data and Indicators for the Past 3 Years

(Unit: RMB)

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3.2 Major Quarterly Financial Data

(Unit: RMB)

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Differences between quarterly data and previously disclosed periodic reports

□Applicable √Not applicable

4. Shareholder Information

4.1 Total number of common shareholders, shareholders with voting rights restored, shareholders holding special voting rights, and top 10 shareholders at the end of the reporting period and one month before the annual report disclosure

(Unit: Shares)

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4.2 Ownership and control relationship diagram between the company and controlling shareholders

√Applicable □Not applicable

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4.3 Ownership and control relationship diagram between the company and actual controllers

√Applicable □Not applicable

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4.4 Top 10 shareholders and total number of preferred shareholders at the end of the reporting period

□Applicable √Not applicable

5. Company Bonds

□Applicable √Not applicable

Section 3: Major Events

1. The company shall disclose significant changes in operating conditions during the reporting period and matters that have or are expected to have a significant impact on the company’s operations, based on materiality principles.

As of December 31, 2025, total assets amounted to RMB 3,315,824,300, and shareholders’ equity attributable to the parent was RMB 1,787,641,700. During the reporting period, the company achieved total operating revenue of RMB 738,569,600, a decrease of 8.34% year-on-year; net profit attributable to shareholders of the parent was RMB -54,488,000, a decline of 251.95%; net profit after deducting non-recurring gains and losses was RMB -69,231,100, down 513.70% from the previous year. As of December 31, 2025, the order backlog was RMB 947,309,200.

The decline in net profit attributable to shareholders is mainly due to:

1. Decrease in gross profit margin. Rising costs of upstream raw materials and electromechanical components, coupled with intensified industry competition, squeezed profit margins. The company has actively reduced costs and increased efficiency through process optimization, technological innovation, and refined cost control to improve overall profitability.

2. Increased sales and R&D investment. The company is expanding multi-channel market layout and developing clients in the data center sector, increasing marketing, branding, and customer acquisition efforts. These market cultivation activities have a time lag, and the current period’s investments have not yet fully translated into order income. Meanwhile, the company is increasing R&D in high-efficiency thermal management, energy-saving cooling systems, and other innovative fields.

3. Infrastructure projects are in a staged nurturing period. Some assets of the Kaide Data Center project have reached usable status and been transferred to fixed assets; pre-operational expenses have been incurred, resulting in temporary losses. As clients gradually move in and the project begins formal operation, the company’s performance is expected to improve.

4. If the company’s annual report discloses delisting risk warnings or termination of listing, the reasons should be disclosed.

□Applicable √Not applicable

Stock Code: 603912 Stock Abbreviation: Jialitu Announcement No.: 2026-012

Convertible Bond Code: 113597 Convertible Bond Abbreviation: Jialitu Convertible Bond

Nanjing Jialitu Data Center Environment Technology Co., Ltd.

Announcement on the Company’s 2025 Annual Profit Distribution Plan

The company’s board of directors and all directors guarantee that this announcement contains no false records, misleading statements, or major omissions, and assume legal responsibility for its truthfulness, accuracy, and completeness.

Key Highlights:

● The profit distribution plan for 2025 is: no cash dividends, no transfer of capital reserves to increase share capital, and no other profit distribution.

● This plan has been approved by the 16th meeting of the company’s 4th Board of Directors and is subject to approval at the 2025 annual general meeting.

● The plan does not involve circumstances that could trigger other risk warnings under the Shanghai Stock Exchange Listing Rules (Article 9.8.1, Item 8).

1. Profit Distribution Plan Details

(1) Specific Content of the Plan

According to Tianheng Accounting Firm (Special General Partnership) audit, the net profit attributable to the parent company in the consolidated financial statements for 2025 is RMB -54,487,971.76; in the parent company’s individual financial statements, net profit is RMB -34,478,946.59. The 16th meeting of the 4th Board of Directors resolved that the profit distribution plan for 2025 is: no cash dividends, no transfer of capital reserves to increase share capital, and no other profit distribution.

This plan is subject to approval at the 2025 annual general meeting.

(2) Whether it may involve other risk warning circumstances

Since the net profit attributable to the parent in the consolidated financial statements for 2025 is negative, it does not meet the circumstances specified in Article 9.8.1, Item 8 of the Shanghai Stock Exchange Listing Rules for possible risk warning implementation.

2. Explanation of the No Profit Distribution in 2025

Based on the requirements of the “Guidelines for the Supervision of Listed Companies No. 3—Cash Dividends,” “Self-Regulatory Guidelines for Listed Companies on the Shanghai Stock Exchange No. 1—Standardized Operation,” and the company’s Articles of Association, and considering the negative net profit attributable to the parent in 2025, industry status, development strategy, and operational factors, to ensure normal production and operation, and to achieve sustainable, stable, and healthy development, the company plans not to distribute cash dividends or transfer capital reserves in 2025.

3. Decision-Making Procedures Followed

On March 20, 2026, the company held the 16th meeting of the 4th Board of Directors, which approved the proposal for the 2025 profit distribution plan and agreed to submit it for approval at the 2025 annual general meeting.

4. Risk Reminder

This profit distribution plan will not have a significant impact on the company’s operating cash flow nor affect normal operations and long-term development.

The plan is subject to approval at the 2025 annual general meeting. Investors are advised to be cautious of investment risks.

This announcement is made accordingly.

Nanjing Jialitu Data Center Environment Technology Co., Ltd. Board of Directors

March 24, 2026

Stock Code: 603912 Stock Abbreviation: Jialitu Announcement No.: 2026-016

Convertible Bond Code: 113597 Convertible Bond Abbreviation: Jialitu Convertible Bond

Notice of the 2025 Annual Shareholders’ Meeting

The company’s board of directors and all directors guarantee that this announcement contains no false records, misleading statements, or major omissions, and assume legal responsibility for its truthfulness, accuracy, and completeness.

Key Highlights:

● Meeting date: April 15, 2026

● Method: Shanghai Stock Exchange Shareholders’ Meeting Online Voting System

1. Basic Information of the Meeting

(1) Type and session of the meeting

2025 Annual Shareholders’ Meeting

(2) Convenor: Board of Directors

(3) Voting method: combination of on-site voting and online voting

(4) Date, time, and location of the on-site meeting

Date & Time: April 15, 2026, 14:00

Location: 2nd Floor Conference Room, Nanjing Jialitu Data Center Environment Technology Co., Ltd., No. 88 Suyuan Avenue, Jiangning Economic and Technological Development Zone, Nanjing

(5) Online voting system, start and end date, and voting hours

System: Shanghai Stock Exchange Shareholders’ Meeting Online Voting System

Start & End: April 15, 2026, to April 15, 2026

Voting hours: On the day of the meeting, trading hours are 9:15-9:25, 9:30-11:30, 13:00-15:00; internet voting is available from 9:15 to 15:00 on the same day.

(6) Procedures for margin trading, securities lending, repurchase agreements, and Shanghai-Hong Kong Stock Connect investors’ voting

Voters involved in margin trading, securities lending, repurchase agreements, and Shanghai-Hong Kong Stock Connect should follow relevant regulations such as the “Guidelines for Self-Regulation of Listed Companies on the Shanghai Stock Exchange.”

(7) Public solicitation of shareholder voting rights

None.

2. Matters to be considered and voted on

Shareholders’ voting proposals and shareholder types

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The meeting will review the company’s 2026 compensation plan and the independent directors’ performance reports for 2025.

1. Disclosed time and media for proposals

All proposals have been approved by the 16th meeting of the 4th Board of Directors and are disclosed on the Shanghai Stock Exchange website (www.sse.com.cn) and in China Securities Journal, Securities Daily, Shanghai Securities News, and Securities Times.

2. Special resolutions: None

3. Proposals requiring separate voting by small and medium investors: Proposals 2, 4, 5.01-5.09, 6

4. Proposals involving related shareholder abstention: Proposals 5.01-5.06

Related shareholders to abstain: Proposal 5.01—Nanjing Kaide Investment Co., Ltd.; Proposal 5.02—Nanjing Kaide Investment Co., Ltd., Mr. Wang Lingyun; Proposal 5.03, 5.04—Anle Engineering Group Co., Ltd.; Proposal 5.05—Nanjing Kaide Investment Co., Ltd., Mr. Li Lida; Proposal 5.06—Nanjing Kaide Investment Co., Ltd., Mr. Yuan Yizhi.

5. Shareholders holding preferred shares participating in voting: None

6. Voting Precautions

(1) Shareholders voting via the Shanghai Stock Exchange online system can log in either through the trading terminal of their securities firm or via the internet voting platform (vote.sseinfo.com). New users must complete shareholder identity verification.

(2) To better serve small and medium investors, the company will use the SSE Information Network Co., Ltd.’s shareholder meeting reminder service, which will send reminders via SMS or other means based on the shareholder register on the record date, including invitations and proposal information.

(3) If the same voting right is exercised multiple times via on-site, online, or other methods, the first result shall prevail.

(4) Shareholders with multiple accounts can exercise voting rights for all their accounts combined. Voting through any account is deemed to cover all accounts of the same category of shares. Multiple votes by the same shareholder will be based on the first vote for each share category.

(5) Shareholders must complete voting on all proposals before submitting.

4. Attendees

(1) Shareholders registered with China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of business on the record date, and their proxies, may attend and vote at the meeting. Proxies need not be shareholders.

(2) Directors and senior management.

(3) Lawyers engaged by the company.

(4) Others.

5. Registration Methods

(1) Legal entity shareholders: must present original and copies of legal representative ID and business license (stamped with official seal).

(2) Individual shareholders: must present original and copies of ID.

(3) Proxies: must present original IDs and power of attorney (with official seal for legal representatives).

(4) Distant shareholders: may send relevant documents by mail, email, or fax to the securities department, indicating “Participation in Shareholders’ Meeting.” Mail is valid upon receipt with postal stamp.

(5) Shareholders voting online: can participate directly via the SSE trading system.

(6) Registration location: Securities Department, No. 88 Suyuan Avenue, Jiangning Economic and Technological Development Zone, Nanjing.

(7) Registration time: April 14, 2026, 09:30-11:30 and 14:00-17:00.

(8) Contact: Securities Department

Phone: 025-84916610

Email: gaojian@canatal.com.cn or xujy@canatal.com.cn

6. Other Matters

(1) The meeting lasts half a day; attendees bear their own expenses.

(2) Attendees and proxies must present ID and authorization documents.

(3) Journalists attending must register during the registration period.

This concludes the announcement.

Nanjing Jialitu Data Center Environment Technology Co., Ltd. Board of Directors

March 24, 2026