2023-04-26 16:00Financial Position - As of December 31, 2022, the company had US$1,551.3 million in U.S. dollar-denominated cash and cash equivalents and time deposits [842]. - If the U.S. dollar had appreciated or depreciated by 10% against the Renminbi, the company would have experienced an increase or decrease of RMB1,080.4 million in cash and cash equivalents and time deposits [842]. Risk Management - The company has not been exposed to material risks due to changes in interest rates, and it has not used any derivative financial instruments to manage interest rate risk exposure [844]. Investor Relations - The company was entitled to receive approximately US$1.7 million in reimbursements from the depositary for expenses incurred in connection with investor relationship programs in 2022 [851]. Trading Fees and Commissions - The Hong Kong Stock Exchange trading fee for Class Z ordinary shares is 0.005% of the transaction consideration, charged to both buyer and seller [852]. - The SFC transaction levy on the Hong Kong Stock Exchange is 0.0027% of the transaction consideration, also charged to both buyer and seller [852]. - The trading tariff on the Hong Kong Stock Exchange is HK$0.50 for each purchase or sale transaction [853]. - The ad valorem stamp duty on transactions is a total rate of 0.26% of the transaction value, with 0.13% payable by each of the buyer and seller [853]. - The brokerage commission for transactions on the Hong Kong Stock Exchange is negotiable, except for IPO transactions which are currently set at 1% of the subscription or purchase price [853]. Internal Controls - The company has concluded that its disclosure controls and procedures were effective as of December 31, 2022, ensuring timely reporting and decision-making [867]. - The management evaluated the effectiveness of internal control over financial reporting and found it effective as of December 31, 2022 [868]. - There were no changes in internal control over financial reporting during the year ended December 31, 2022, that materially affected its effectiveness [871]. - PricewaterhouseCoopers Zhong Tian LLP audited the effectiveness of internal control over financial reporting as of December 31, 2022 [870]. - The management's evaluation of internal controls is subject to inherent limitations and future risks [869]. Shareholder Services - The company has established a branch register of members in Hong Kong to facilitate the conversion between Class Z ordinary shares and ADSs [855]. - The Hong Kong Share Registrar charges between HK$2.50 to HK$20 for each transfer of Class Z ordinary shares, depending on the speed of service [865]. - Holders of Class Z ordinary shares and ADSs must pay up to US$5.00 per 100 ADSs for each issuance or cancellation of ADSs [865]. - The depositary may refuse to deliver or register issuances and transfers of ADSs if the transfer books are closed or deemed advisable [864]. - The company has established procedures for the deposit and withdrawal of Class Z ordinary shares into the ADS program [864]. Compliance - The company has no defaults, dividend arrearages, or delinquencies reported [866].