Beijing Digital Telecom publishes 2025 annual report

• Beijing Digital Telecom annual report for year ended Dec. 31, 2025 outlined a sharper focus on platform-based operations to offset weak consumer demand, tighter brand-owner controls, and fading impact from national subsidy-driven spending.
• Group reported handset unit sales fell to 3,428,000 from 4,340,000.
• Retail footprint was streamlined through regional consolidation, cost cuts, and optimization of directly operated stores, with store network spanning over 670 outlets across 18 provinces and 4 municipalities at year-end.
• Online operations emphasized local lifestyle channels and instant retail, while offline operations shifted toward a front-warehouse model to support smaller merchants.
• New energy operations pivoted toward household photovoltaics as supply-chain activity faced headwinds following policy changes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Digital Telekom Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260429-12132262), on April 29, 2026, and is solely responsible for the information contained therein.