Jovo Energy(SH:605090) Shang Hai Zheng Quan Bao·2025-11-23 18:36Core Viewpoint - Jiangxi Jiufeng Energy Co., Ltd. has announced an action plan titled "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" to enhance shareholder value and promote sustainable development in line with national economic policies [1] Group 1: Focus on Core Business and Improve Operational Quality - Jiufeng Energy aims to become the most valuable clean energy service provider, focusing on natural gas, liquefied petroleum gas (LPG), and specialty gases [2] - In the natural gas sector, the company is advancing its coal-to-natural gas project in Xinjiang and exploring new long-term contracts while optimizing its resource pool [2] - For LPG, the company is enhancing its supply structure and expanding its market presence, including acquiring storage facilities to boost operational capacity [3] Group 2: Accelerate New Quality Productivity Development - The company emphasizes innovation as a driver for new productivity, maintaining stable R&D investments and dynamically adjusting them based on market needs [4] - Jiufeng Energy is enhancing its collaboration with academic institutions and industry partners to develop key technologies in natural gas and specialty gases [4] Group 3: Share Development Dividends and Increase Shareholder Returns - The company has implemented a stable cash dividend mechanism, distributing approximately 1.856 billion yuan in cash dividends since its listing in 2021, with a planned fixed cash dividend of 750 million yuan for 2024 [7] - Jiufeng Energy has conducted four share repurchase plans totaling about 501 million yuan, with a fifth plan currently underway to repurchase 200 to 300 million yuan worth of shares [8] Group 4: Strengthen Market Communication and Convey Investment Value - The company has established a dedicated investor relations team and various communication channels to enhance interaction with investors [9] - Jiufeng Energy has actively participated in roadshows and strategy meetings to gather market feedback and improve investor understanding of its operations [10] Group 5: Adhere to Standardized Operations and Strengthen Governance - The company is optimizing its governance structure to ensure compliance with legal regulations and enhance decision-making processes [11] - Jiufeng Energy has upgraded its ESG management framework to integrate environmental, social, and governance principles into its business strategy [12] Group 6: Focus on Key Stakeholders and Strengthen Responsibility - The actual controllers of the company have committed not to reduce their holdings for 12 months post-listing, reinforcing confidence in the company's future [15] - Jiufeng Energy is implementing long-term incentive plans to align the interests of management with those of shareholders [16]