Core Viewpoint - The company plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its global strategy, brand image, diversify financing channels, and strengthen core competitiveness [1] Group 1 - The issuance of H-shares is part of the company's strategy to deepen its globalization efforts [1] - The company aims to improve its international brand image through this initiative [1] - The decision will consider the interests of existing shareholders and the conditions of domestic and international capital markets [1] Group 2 - The company will complete the H-share issuance and listing within 18 months after the approval from the shareholders' meeting [1] - The timing and window for the issuance will be chosen appropriately [1]

Core Viewpoint - The company is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy, improve local manufacturing and supply chain capabilities, and strengthen its international market competitiveness [1] Group 1: Company Strategy - The company aims to deepen its global strategic layout through the planned listing [1] - The initiative is intended to enhance the company's overseas business capabilities and governance transparency [1] Group 2: Financial and Regulatory Aspects - The details of the H-share issuance and listing are not yet determined and are subject to approval from the board, shareholders, and regulatory bodies [1] - The H-share issuance will not change the control of the company or its actual controller [1]