国投资本：努力实现公司市场价值与内在价值的动态均衡

Core Viewpoint - The company is enhancing its market value management system to improve its market management capabilities, focusing on cash dividends, information disclosure, investor relations management, and share buybacks as key strategies [1] Group 1: Market Value Management Initiatives - The company established a market value management system in March 2025, designating a leading department for this initiative [1] - In July 2025, the company launched the "Quality Improvement and Efficiency Enhancement for Returns" action plan, aiming to enhance corporate governance and improve the information disclosure system [1] Group 2: Dividend and Share Buyback Activities - In July 2025, the company completed its annual equity distribution for 2024, distributing cash dividends of approximately 812 million yuan, with the cash dividend ratio increasing from 30% to 36%, marking a five-year high [1] - A share buyback plan of 200 to 400 million yuan was disclosed in April 2025, with the first buyback operation starting in September 2025, resulting in the repurchase of 857,200 shares for a total payment of 6.5645 million yuan by December 31, 2025 [1] Group 3: Future Outlook - The company plans to continue advancing its market value management initiatives to achieve a dynamic balance between market value and intrinsic value [1]