Nanjing Putian Telecommunications Co., Ltd. Abstract of Annual Report 2025
Stock Code: 200468 Stock Abbreviation: NING TONG XIN B Announcement No.: 2026-011
Nanjing Putian Telecommunications Co., Ltd.
Abstract of Annual Report 2025
I. Important Notice
This abstract of the annual report is extracted from the full text of the annual report. To fully understand the Company's operating
results, financial status and future development plans, investors shall carefully read the full text of the annual report on the media
designated by the China Securities Regulatory Commission (CSRC).
All directors have attended the board meeting where this report was deliberated.
Notice of Non-standard Audit Comments
□ Applicable ? Not Applicable
Profit distribution plan or surplus reserve conversion into share capital plan for the reporting period deliberated by the Board of
Directors
□ Applicable ? Not Applicable
The Company plans not to distribute cash dividends, issue bonus shares, or convert surplus reserve into share capital.
Preferred share profit distribution plan for the reporting period adopted by the Board of Directors
□ Applicable ? Not Applicable
As of the end of the reporting period, the parent company has an accumulated deficit.
The accumulated undistributed profit on the parent company's financial statements is -496,761,090.96 RMB, and that on the
consolidated financial statements is -403,806,789.70 RMB. The Company is not yet eligible for profit distribution. In light of the
Company's actual operating conditions, the Company plans not to distribute cash dividends, issue bonus shares, or convert surplus
reserve into share capital for the year 2025. Investors are kindly requested to pay attention to this situation and be aware of
investment risks.
II. Basic Information of the Company
NING TONG
Stock Abbreviation Stock Code 200468
XIN B
Stock Listing Exchange Shenzhen Stock Exchange
Securities Affairs
Contact Person and Contact Information Board Secretary
Representative
Name Li Jing Dai Yuan
Office Address 11th Floor, Building 2 11th Floor, Building 2
Nanjing Putian Telecommunications Co., Ltd. Abstract of Annual Report 2025
(Block B), Shuchuang (Block B), Shuchuang
Weilai Center, No. 9 Weilai Center, No. 9
Guangjing Road, Qinhuai Guangjing Road, Qinhuai
District, Nanjing, Jiangsu District, Nanjing, Jiangsu
Province Province
Fax.: 86-25-52416518 86-25-52416518
Tel.: 86-25-69675805 86-25-69675865
E-mail: pt_lijing@cetc.com.cn pt_daiyuan@cetc.com.cn
As one of the important product and solution providers in China's information and communication industry, the
Company has always adhered to the "Product + Solutions + Service" strategy, and continuously accelerated product
innovation, industrial structure adjustment, transformation and upgrading. The Company has actively integrated into
the cyberspace security industry sector of China Electronics Technology Group Corporation (CETC), focusing on the
development of communication network infrastructure, multimedia communication products and solutions, while
continuously strengthening its capabilities in smart lighting products, precision manufacturing and other businesses.
Communication network basic business, focusing on the development of intelligent cabling, data center rooms, MPO
high-density multi-core fiber connectors and other products, striving to become the mainstream brand product for
high reliability system comprehensive cabling applications. For multimedia communication products and solutions,
through continuous R&D investment and intelligent application innovation in the multimedia communication field,
the business positioning has gradually shifted to "Intelligent Conference", so as to enable the Company to seize the
opportunities in the space intelligence industry. For the smart lighting product business, the Company focuses on
developing products such as IoT smart lighting systems, solar energy and mains power controllers. For the precision
manufacturing business, the Company focuses on promoting the comprehensive upgrading of manufacturing
equipment and process technology, and gradually improving its precision manufacturing capabilities.
The main businesses of the Company and its subsidiaries cover fields such as intelligent conference, intelligent
cabling, and smart lighting, mainly including multimedia communication and application solutions, building
intelligence integrated solutions, IoT solar energy and mains power street lamp control systems, etc. The products
mainly serve customers in large central SOEs, government, finance, electric power, medical and other industries.
Subsidiary Nanjing Southern Telecom Co., Ltd. mainly provides multimedia communication and application
solutions for large and medium-sized industry customers in central SOEs, government, finance, medical and other
fields. Subsidiary Putian Telege mainly provides customers with mid-to-high-end integrated cabling and building
intelligence system solutions. Subsidiary Putian Datang mainly provides customers with mains power, solar street
lamp controllers and IoT smart street lamp management and control solutions.
The Company mainly obtains business opportunities by participating in project bidding. It designs solutions
according to project requirements, produces or purchases equipment required by customers, and is responsible for
installation, commissioning and system integration, realizing profits by deducting costs from the contract price. The
Company's operating performance is mainly affected by factors such as capital expenditure, information investment
and bidding results of customers in central SOEs, government, finance and other industries, as well as fluctuations in
raw material prices and changes in other costs.
(1) Key Accounting Data and Financial Indicators for the Recent Three Years
Does the Company need to retrospectively adjust or restate the accounting data of previous years?
Nanjing Putian Telecommunications Co., Ltd. Abstract of Annual Report 2025
□ Yes ? No
Unit: RMB
Change from the end of
End of 2025 End of 2024 End of 2023
the previous year
Total Assets 729,923,596.97 838,023,763.76 -12.90% 826,241,412.27
Net Assets Attributable to
Shareholders of the Listed 8,250,911.72 14,351,013.02 -42.51% 5,111,258.66
Company
Change from the
For the year 2025 For the year 2024 For the year 2023
previous year
Operating Revenue 617,639,484.96 811,670,527.41 -23.91% 818,334,374.30
Net Profit Attributable to
Shareholders of the Listed -9,462,362.33 11,376,879.14 -183.17% -16,884,077.62
Company
Net Profit Attributable to
Shareholders of the Listed
Company after Deducting -26,158,017.78 -41,338,708.87 36.72% -23,157,886.24
Non-recurring Gains and
Losses
Net Cash Flow from
-87,273,270.59 -17,196,342.40 -407.51% -6,017,650.03
Operating Activities
Basic Earnings Per Share
-0.04 0.05 -180.00% -0.08
(RMB/share)
Diluted Earnings Per Share
-0.04 0.05 -180.00% -0.08
(RMB/share)
Weighted Average Return
-83.73% 105.34% -189.07% -124.58%
on Net Assets
(2) Quarterly Key Accounting Data
Unit: RMB
Q1 Q2 Q3 Q4
Operating Revenue 137,018,953.06 169,295,165.59 144,783,524.12 166,541,842.19
Net Profit Attributable
to Shareholders of the -4,768,833.34 -2,384,367.95 -8,025,274.43 5,716,113.39
Listed Company
Net Profit Attributable
to Shareholders of the
Listed Company after
-4,991,047.69 -2,418,394.67 -11,622,416.10 -7,126,159.32
Deducting Non-
recurring Gains and
Losses
Net Cash Flow from
-107,998,630.27 -24,266,955.27 -38,769,007.86 83,761,322.81
Operating Activities
Are the above financial indicators or their totals significantly different from the relevant financial indicators disclosed in the
Company's previously published quarterly reports and semi-annual report?
□ Yes ? No
Nanjing Putian Telecommunications Co., Ltd. Abstract of Annual Report 2025
(1) Table of the Number of Ordinary Shareholders and Preference Shareholders with Restored Voting Rights, and
Shareholding of the Top 10 Shareholders
Unit: Share
Total number
Total number of preference
of ordinary Total number shareholders
Total number shareholders of preference with restored
of ordinary at the end of shareholders voting rights
shareholders the month with restored at the end of
at the end of prior to the voting rights the month
the reporting disclosure at the end of prior to the
period: date of the the reporting disclosure
annual period: date of the
report: annual
report:
Shareholding of the Top 10 Shareholders (excluding shares lent under the securities refinancing business)
Pledge, Marking or Freezing
Name of Nature of Shareholding Number of Number of Non-tradable Status
Shareholder Shareholder Ratio Shares Held Shares Held
Share Status Quantity
CETC
Glarun State-owned
Group Co., Corporation
Ltd.
Domestic
He Wei Natural 1.88% 4,046,800.00 0 N/A 0
Person
Shenwan
Hongyuan
Overseas
Securities 1.54% 3,319,311.00 0 N/A 0
Corporation
(Hong Kong)
Co., Ltd.
Domestic
Zheng Enyue Natural 1.14% 2,449,739.00 0 N/A 0
Person
Domestic
Gu Jinhua Natural 0.87% 1,871,371.00 0 N/A 0
Person
China
Merchants
Overseas
Securities 0.83% 1,780,414.00 0 N/A 0
Corporation
(Hong Kong)
Co., Ltd.
Domestic
Wu Wenhui Natural 0.63% 1,346,800.00 0 N/A 0
Person
Domestic
Chen Rulei Natural 0.59% 1,275,737.00 0 N/A 0
Person
Domestic
Li Mingling Natural 0.53% 1,132,400.00 0 N/A 0
Person
Peng Hexin Domestic 0.51% 1,092,800.00 0 N/A 0
Nanjing Putian Telecommunications Co., Ltd. Abstract of Annual Report 2025
Natural
Person
Description of Related Among the top ten shareholders, CETC Glarun Group Co., Ltd. has no related relationship with
Relationships or Acting-in- other shareholders, nor is it an acting-in-concert party with them. The Company has no
Concert Status among the knowledge of whether there are related relationships or acting-in-concert status among other
Above Shareholders shareholders.
Description of Shareholders
Participating in Margin
None
Trading and Securities
Lending Business (if any)
Participation of Shareholders Holding More Than 5% of Shares, the Top 10 Shareholders and the Top 10 Unrestricted Circulating
Shareholders in Lending Shares under the Securities Refinancing Business
□ Applicable ? Not Applicable
Changes in the Shareholding of the Top 10 Shareholders and the Top 10 Unrestricted Circulating Shareholders from the Previous
Period due to Lending/Returning of Shares under the Securities Refinancing Business
□ Applicable ? Not Applicable
(2) Table of the Total Number of Preference Shareholders of the Company and Shareholding of the Top 10 Preference
Shareholders
□ Applicable ? Not Applicable
The Company had no preference shareholders holding shares during the reporting period.
(3) Disclosure of the Property Right and Control Relationship between the Company and the Actual Controller in the
Form of a Block Diagram
State-owned Assets Supervision
and Administration Commission
of the State Council (SASAC)
China Electronics Technology
Group Corporation (CETC)
CETC Glarun Group Co., Ltd.
Nanjing Putian
Telecommunications Co., Ltd.
□ Applicable ? Not Applicable
III. Important Matters
The year 2025 is not only the decisive year for the successful conclusion of the 14th Five-Year Plan, but
also the key year for thoroughly implementing the spirit of the Fourth Plenary Session of the 20th Central
Nanjing Putian Telecommunications Co., Ltd. Abstract of Annual Report 2025
Committee of the Communist Party of China, and more importantly, the pioneering year for the Company to
seize development opportunities and concentrate efforts to overcome difficulties and make breakthroughs.
Facing multiple challenges such as market competition, the Company has closely followed the main line of the
development of its core responsibilities and businesses, optimized resource allocation, solidly promoted the
implementation and effectiveness of various key tasks, and taken solid steps in the process of high-quality
development. We have adhered to the guidance of Party building, deepened reform and innovation, and
continuously empowered the Company's high-quality development with high-quality Party building; focused on
market breakthroughs, strengthened coordination and linkage, and promoted steady progress in performance
with the core competitiveness of independent product plans and solutions; deepened reform to create benefits,
optimized organizational structure and management processes, and activated the internal momentum of the
organization with refined management as the starting point; strictly abided by the compliance bottom line,
improved the systematic governance structure, consolidated the foundation of risk prevention and control, and
escorted the steady development of the enterprise with systematic governance.
During the reporting period, the Company aimed at the direction of core responsibilities and businesses in
the cyberspace security field, focused on industrial main lines such as "communication network infrastructure,
multimedia communication products and integration, smart lighting products", firmly implemented the two-
wheel drive strategy of market breakthrough and independent innovation, and relied on the advantages of the
CETC platform to promote the coordinated development of various businesses. We further strengthened the
R&D of new products and continuously improved our core competitiveness. The Company newly applied for 7
patents and 6 software copyrights. We obtained 8 new patent authorizations, 6 new software copyrights, and
participated in the formulation of 1 national standard. Putian Telege was awarded the title of National-level
Specialized, Sophisticated, Distinctive, and Innovative "Little Giant" Enterprise and Jiangsu "Green Factory".
Nanjing Southern Telecom Co., Ltd. was awarded the title of Jiangsu-level Specialized, Sophisticated,
Distinctive, and Innovative Enterprise and received special government support, and was awarded the title of
"Best Practice Partner for Data Storage (Intelligent Collaboration)" by Huawei.
During the reporting period, the Company achieved operating revenue of 617.6395 million RMB, and the
net profit attributable to shareholders of the listed company was -9.4624 million RMB.
Board of Directors of Nanjing Putian Telecommunications Co., Ltd.
April 23, 2026
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