Core Viewpoint - The company acknowledges the Securities and Futures Commission's announcement regarding its shareholding distribution, indicating a significant concentration of H shares among a small number of shareholders [1] Summary by Relevant Sections Shareholding Distribution - As of November 18, 2025, ten shareholders collectively held approximately 546 million H shares, representing 98.90% of the company's issued H share capital [1] - Only 6.0545 million H shares, accounting for 1.10% of the issued H share capital, are held by other investors [1] Compliance with Regulations - The company confirms that at least 25% of its issued shares are held by the public as of November 18, 2025, and on the date of the announcement, ensuring compliance with the public float requirements set by the Stock Exchange [1]
德银天下：公众持股量不少于25%