Core Viewpoint - The company has announced a capital reserve conversion plan for 2024, which has been approved by the shareholders' meeting, allowing for a distribution of shares to shareholders based on their holdings, with a ratio of 1 share for every 10 shares held [2][3]. Group 1: Capital Reserve Conversion Plan - The capital reserve conversion plan involves converting capital reserves into shares, with a total of 39,336,741 shares to be distributed, increasing the total share capital from 395,744,023 shares to 435,080,764 shares [2][3]. - The base for the conversion is calculated by deducting the repurchased shares (2,376,612 shares) from the total share capital [1][3]. - The conversion ratio is set at 1 share for every 10 shares held, and adjustments will be made if there are changes in total share capital due to stock options, convertible bonds, or other factors [3][6]. Group 2: Key Dates and Procedures - The record date for shareholders to be eligible for the share distribution is August 20, 2025, and the ex-rights date is August 21, 2025 [3][4]. - The shares resulting from the conversion will be credited directly to shareholders' accounts on the ex-rights date [4][5]. - Any fractional shares resulting from the conversion will be distributed based on a sorting method among shareholders [5]. Group 3: Share Structure Changes - The share structure before the conversion includes 313,987,100 restricted shares (79.34%) and 81,756,923 unrestricted shares (20.66%) [4]. - After the conversion, the restricted shares will increase to 345,385,810 (79.38%), while the unrestricted shares will be 89,694,954 (20.62%) [4]. - The final share capital structure will be confirmed by the China Securities Depository and Clearing Corporation [4].

Group 1 - The company provided a guarantee for its wholly-owned subsidiary, Mosi International Holdings Limited, to meet its financing needs, with a total guarantee amount not exceeding RMB 4 billion [2][5] - The internal decision-making process for the guarantee was approved in meetings held on April 24, 2025, and May 16, 2025, by the board of directors and the annual general meeting [2][3] - The guarantee is within the approved limit and does not require additional internal decision-making procedures [3] Group 2 - Mosi International Holdings Limited, established on October 13, 2017, is a wholly-owned subsidiary of the company, with a registered capital of RMB 100 million [4] - The company holds 100% equity in Mosi International, which has a good credit status and is not a defaulter [4][5] - The guarantee provided by the company covers all debts incurred by Mosi International under the credit agreement with China Everbright Bank [5] Group 3 - The total amount of guarantees provided by the company to its wholly-owned subsidiaries after this guarantee will be RMB 1.68 billion, accounting for 37.19% of the company's audited net assets for 2024 [5] - The balance of guarantees to wholly-owned subsidiaries will be RMB 1.0406115 billion, accounting for 23.03% of the company's audited net assets for 2024 [5] - As of the announcement date, the company and its wholly-owned subsidiaries have no guarantees provided to entities outside the consolidated financial statements, nor any overdue debts related to guarantees [5] Group 4 - The company has initiated a share repurchase plan to address its equity distribution issue, with a total repurchase amount between RMB 12 million and RMB 24 million [7][8] - As of July 18, 2025, the company has repurchased 4,265,977 shares, accounting for 1.07% of the total share capital before the repurchase [8][9] - The company plans to complete the capital reserve transfer to increase share capital by August 21, 2025, to meet listing conditions [10][11]

Core Viewpoint - The company has announced adjustments to its 2024 profit distribution cash dividend total and capital reserve transfer to increase share capital due to changes in its total share capital resulting from the conversion of convertible bonds [1][2][3] Summary of Adjustments - The total cash dividend for 2024 is adjusted from 41,704,781.20 yuan (including tax) to 41,704,919.60 yuan (including tax) based on a total share capital of 104,262,299 shares [1][6] - The number of shares to be increased from capital reserves is adjusted from 41,704,781 shares to 41,704,920 shares, maintaining the ratio of 4.0 shares for every 10 shares held [1][6] Background of Adjustments - The adjustments are due to the increase in the company's total share capital from 104,261,953 shares to 104,262,299 shares as a result of the conversion of "Lushan Convertible Bonds" [2][3] - The company held meetings on April 25, 2025, where the profit distribution and capital reserve transfer proposals were approved [2][3] Implementation Details - The profit distribution plan has been approved by the company's 2024 annual general meeting, and the specific details are available on the Shanghai Stock Exchange website [4] - The cash dividend distribution will be based on the total share capital as of July 31, 2025, with the cash dividend remaining at 4.0 yuan per 10 shares [6][7]

Core Viewpoint - The company has announced a share buyback and subsequent capital increase plan to meet listing requirements after a recent share cancellation that reduced its total share capital below the necessary threshold for public listing [1][4]. Group 1: Share Buyback Details - The company plans to repurchase shares worth between RMB 120 million and RMB 240 million, with a maximum buyback price of RMB 39 per share [2]. - The estimated number of shares to be repurchased ranges from approximately 307,690 shares (0.77% of total shares) to 615,380 shares (1.54% of total shares) based on the maximum buyback amount [2]. - As of July 18, 2025, the company has repurchased a total of 426,600 shares, representing 1.07% of the total share capital, with an average transaction price of RMB 28.57 per share [3]. Group 2: Share Capital Changes - Following the share buyback, the company's total share capital fell below 400 million shares, resulting in a public shareholding ratio of 19.11%, which does not meet listing conditions [1][4]. - The board has approved a capital reserve transfer plan, proposing to increase the share capital by 10% (1 share for every 10 shares held), which will raise the total share capital to 435 million shares [5]. - The capital increase plan is subject to approval at the upcoming shareholder meeting scheduled for August 13, 2025 [4][5].

Core Viewpoint - The company, Mousse Co., Ltd. (001323), has completed a share buyback and cancellation process, reducing its total share capital and preparing for a capital reserve increase plan to meet listing requirements [2][3][7]. Summary by Sections Share Buyback and Cancellation - Mousse Co., Ltd. has repurchased a total of 4,265,977 shares, accounting for 1.07% of the company's total share capital, and completed the cancellation of these shares on July 25, 2025 [2][3]. - Following the cancellation, the total share capital decreased from 400,010,000 shares to 395,744,023 shares, with the public shareholding ratio dropping to 19.11%, which does not meet the listing requirements [3][7]. Capital Reserve Increase Plan - The company plans to propose a capital reserve increase of 1 share for every 10 shares held, which will result in an increase of 39,336,741 shares, raising the total share capital to 435,080,764 shares [6][8]. - This proposal will be submitted for approval at the upcoming extraordinary general meeting scheduled for August 13, 2025 [7]. Financial Performance - For the fiscal year 2024, Mousse Co., Ltd. reported a net profit attributable to shareholders of 767,327,852.54 yuan, a decrease of 4.36% compared to the previous year [6][8]. - The company's total revenue for 2024 was 5,602,743,692.82 yuan, reflecting a slight increase of 0.43% year-on-year [8]. - The net cash flow from operating activities significantly decreased by 43.63% to 1,090,516,939.78 yuan [8]. Company Overview - Mousse Co., Ltd. specializes in high-end health sleep products, with mattresses being its core product. The company integrates research, design, production, sales, and service [7].

Group 1 - The company held its 10th meeting of the second Supervisory Board on July 28, 2025, with all three supervisors present, and the meeting was deemed legally valid [1][2] - The Supervisory Board approved the proposal for the capital reserve fund to increase share capital for the year 2024, considering the company's operational status, future development needs, and shareholder returns [1][2] - The proposal will be submitted for review at the company's second extraordinary general meeting of shareholders in 2025 [2] Group 2 - The meeting was convened by the chairman of the Supervisory Board, Mr. Luo Zhenbiao, and included the company’s board secretary, Mr. Deng Yonghui, as an attendee [1] - The decision made by the Supervisory Board was unanimous, with 3 votes in favor and no votes against or abstentions [2] - The company ensures that the information disclosed is true, accurate, and complete, with no misleading statements or significant omissions [1]

Capital Change - The company increased its registered capital from RMB 97,081,956 to RMB 97,250,894 due to the first vesting of 168,938 shares from the 2021 restricted stock incentive plan on May 30, 2025 [1] - Following the 2024 annual shareholders' meeting, the company approved a profit distribution plan, resulting in a cash dividend of RMB 17.50 per 10 shares and a capital reserve increase of 4.5 shares for every 10 shares held, leading to a total share count increase to 141,013,796 and registered capital to RMB 141,013,796 [2][4] Company Charter Revision - The company plans to amend its charter to reflect the new registered capital of RMB 141,013,796 and the updated total shares issued of 141,013,796, with no changes to other charter provisions [3][4]

Core Points - The company has completed the listing and circulation of all shares from its initial strategic placement [1] - The company plans to implement a differentiated dividend distribution and capital increase through share transfer [1][3] Dividend and Capital Increase Plan - The profit distribution and capital increase plan was approved at the annual shareholders' meeting on June 23, 2025 [2] - The total share capital of the company is 82,000,000 shares, with 620,828 shares in the repurchase account, resulting in 81,379,172 shares eligible for distribution [3] - The company intends to distribute a cash dividend of 32,551,668.80 yuan (including tax) and increase capital by 32,551,669 shares, raising total share capital to 114,551,669 shares [3][11] - Each shareholder will receive a cash dividend of 0.4 yuan per share and an increase of 0.4 shares per share [5][11] Tax Implications - For individual shareholders holding unrestricted shares, the actual cash dividend after tax will be 0.4 yuan per share, with a tax rate of 20% for holdings of one month or less [9] - For shares held over one year, dividends are exempt from personal income tax [9] - For foreign institutional investors (QFII), a 10% tax will be withheld, resulting in a net dividend of 0.36 yuan per share [10] Share Structure Changes - The share structure will change from 82,000,000 shares to 114,551,669 shares after the capital increase [11] - The diluted earnings per share for the fiscal year 2024 is projected to be 0.56 yuan based on the new total share capital [11]

Core Viewpoint - The company has announced adjustments to its 2024 annual profit distribution cash dividend total and capital reserve fund increase in share capital total due to the conversion of its convertible bonds, maintaining the per-share distribution ratio unchanged [1][2][5]. Summary by Relevant Sections Cash Dividend Adjustment - The company plans to distribute a cash dividend of 6 yuan (including tax) per 10 shares, with the total cash dividend amount adjusted from 37,354,267.20 yuan (including tax) to 37,354,279.20 yuan (including tax) [1][5]. - The cash dividend ratio for the year remains at 34.92% [5]. Capital Reserve Fund Increase in Share Capital Adjustment - The company intends to increase share capital by 4 shares for every 10 shares held, with the total number of shares to be increased adjusted from 24,902,844 shares to 24,902,852 shares [1][5]. - Following the adjustment, the total share capital will increase to 87,159,984 shares [5]. Reason for Adjustment - The adjustments are necessitated by the conversion of the company's convertible bonds "Huarui Convertible Bonds," which will increase the total share capital from 62,257,112 shares to 62,257,132 shares [2][3].

Core Viewpoint - The company, Kesi Technology Co., Ltd., has announced a capital increase plan through a bonus share distribution, where shareholders will receive additional shares without cash dividends, resulting in a significant increase in total share capital [1][2]. Summary by Sections Announcement of Capital Increase - The company will implement a capital increase plan approved at the 2024 annual general meeting held on May 19, 2025, with a bonus share distribution of 4.9 shares for every 10 shares held, totaling 51,326,483 new shares to be issued [1][4]. Share Capital Details - The total share capital before the increase was 105,747,925 shares. After deducting 1,000,000 shares held in the company's repurchase account, the adjusted total is 104,747,925 shares. The new total share capital after the increase will be 157,074,408 shares [1][6]. Shareholder Rights and Exclusions - Shares held in the company's repurchase account will not participate in the bonus share distribution, meaning those shares will not have voting rights or entitlement to dividends [1][4]. Calculation of Ex-Dividend Price - The ex-dividend reference price will be calculated based on the formula provided, taking into account the previous closing price and the change in the number of circulating shares due to the bonus share distribution [2][4]. Earnings Per Share Impact - Following the implementation of the bonus share distribution, the diluted earnings per share for the fiscal year 2024 is projected to be -1.71 yuan [6].