福耀玻璃工业集团股份有限公司 关于持续开展“提质增效重回报”行动的公告

Core Viewpoint - Fuyao Glass Industry Group Co., Ltd. is committed to optimizing operations, standardizing governance, and actively returning to investors, aiming for high-quality development through new productivity and continuous implementation of the "quality improvement, efficiency enhancement, and return to investors" initiative [1] Group 1: Business Strategy and Market Position - The company focuses on core capabilities and economies of scale, having established a comprehensive industrial ecosystem from raw materials to advanced glass technology and aluminum components [1] - As of the end of 2024, Fuyao has established production and sales bases in 12 countries and 18 provinces in China, providing full solutions for automotive glass and components to top global automotive manufacturers [2] Group 2: Innovation and Product Development - The automotive industry's shift towards electrification, connectivity, intelligence, and sharing has created new demands for automotive glass, leading to opportunities for innovation [3] - Fuyao has introduced several innovative products, including lightweight ultra-thin glass and AR-HUD glass, with high-value products increasing by 5.02 percentage points compared to the previous year [3] Group 3: Shareholder Value and Profit Distribution - The company has a stable profit distribution policy, proposing a cash dividend of RMB 1.80 per share for the 2024 fiscal year, amounting to approximately RMB 4.70 billion, which represents 62.65% of the net profit attributable to shareholders [4] - Since its listing in 1993, Fuyao has distributed a total of RMB 333.34 billion in cash dividends, with cumulative dividends and stock distributions accounting for 65.25% of the net profit attributable to the parent company [5] Group 4: Investor Relations and Transparency - Fuyao emphasizes the importance of transparent information disclosure and has established various management systems to ensure compliance with legal requirements and protect investor rights [6] - The company plans to enhance communication with investors through multiple channels, including shareholder meetings and performance briefings, to foster long-term relationships and improve corporate governance [7] Group 5: Corporate Social Responsibility and Sustainable Development - Fuyao is committed to sustainable operations and social responsibility, aiming to contribute positively to customers, shareholders, employees, and society [8] - The company focuses on quality management, innovation, employee welfare, and environmental protection, striving to be a trusted global brand and a responsible corporate citizen [9]