Shang Hai Zheng Quan Bao·2025-05-13 19:57Core Viewpoint - Shanxi Lanhua Technology Entrepreneurship Co., Ltd. has developed a 2025 valuation enhancement plan due to its stock price being below the audited net asset value per share for 12 consecutive months, aiming to improve investor returns and enhance company value [2][3]. Group 1: Valuation Enhancement Plan Trigger and Approval - The company’s stock price has been below the audited net asset value per share for 12 consecutive months, necessitating the formulation of a valuation enhancement plan [3]. - The board of directors approved the valuation enhancement plan on May 13, 2025, without requiring shareholder meeting approval [5]. Group 2: Specific Contents of the Valuation Enhancement Plan - The company will focus on optimizing its coal and coal chemical industries, enhancing operational efficiency, and reducing costs to promote steady growth [7]. - The company has a commitment to return at least 30% of its net profit to shareholders in cash dividends for 2025, continuing its tradition of shareholder returns [8]. - The company plans to strengthen investor relations through enhanced communication and regular performance briefings to improve market understanding and investor confidence [9]. Group 3: Information Disclosure and Market Engagement - The company will improve the quality of its information disclosure, ensuring it is timely, accurate, and comprehensive, while also increasing the transparency of its operations [10]. - The company aims to engage in share buybacks and encourage major shareholders to increase their holdings to bolster investor confidence and stabilize market value [11]. Group 4: Board's Explanation and Evaluation Arrangements - The board believes the valuation enhancement plan is reasonable and feasible, aligning with the company's operational status and future development plans [13]. - The company will evaluate the implementation of the valuation enhancement plan annually and report on its effectiveness during performance briefings [14].