Group 1: Convertible Bond Holding Situation - The company issued 88,647,510 convertible bonds on February 13, 2023, with a total amount of 886,475.10 million yuan, maturing on February 12, 2029 [2] - As of the latest report, the holder "Hangzhou Guangyao" owns 21,559,320 bonds, accounting for 24.32% of the total issued [2] Group 2: Changes in Convertible Bond Holdings - From June 27 to August 1, 2025, "Hangzhou Guangyao" reduced its holdings by 8,882,750 bonds, representing a decrease of 10.02% of the total issued [3] Group 3: Share Buyback Progress - The company approved a share buyback plan on June 25, 2024, with a total fund of no less than 100,000 million yuan and no more than 120,000 million yuan, at a price not exceeding 31.00 yuan per share [6] - As of July 31, 2025, the company repurchased 15,315,910 shares, accounting for 0.70% of the total share capital, with a total expenditure of approximately 252.96 million yuan [8] Group 4: Guarantee Situation - As of the announcement date, the company and its subsidiaries have a total guarantee balance of 606.12 billion yuan, which is 229.79% of the latest audited net assets [13] - During July 2025, the company provided guarantees totaling 20.90 billion yuan, which is 7.92% of the latest audited net assets [13][17]

Group 1 - The company issued a total of 886,475.10 million yuan in convertible bonds, with a maturity period of six years from February 13, 2023, to February 12, 2029 [1] - The convertible bonds, referred to as "Tian 23 Convertible Bonds," began trading on the Shanghai Stock Exchange on March 15, 2023 [1] - As of August 1, 2025, the bondholder Hangzhou Guangyao held 21,559,320 bonds, representing 24.32% of the total issued convertible bonds [2] Group 2 - Hangzhou Guangyao reduced its holdings by 8,882,750 bonds, which is 10.02% of the total issuance, between June 27, 2025, and August 1, 2025 [2] - After the reduction, Hangzhou Guangyao's holdings decreased to 12,676,570 bonds, which is 14.30% of the total issued convertible bonds [2] - The total initial issuance amount remains at 88,647,510 bonds [2]

Group 1 - The announcement details the reduction in holdings of the convertible bonds "Dazhong Convertible Bonds" by the controlling shareholder, Zhongxing Group, and its concerted actors [1][2] - The total amount raised from the issuance of the convertible bonds was RMB 1.52 billion, approved by the China Securities Regulatory Commission [1] - The convertible bonds were listed on the Shenzhen Stock Exchange on October 11, 2022, with a total issuance of 15.2 million bonds [1][2] Group 2 - Zhongxing Group and its concerted actors held a total of 9,624,427 bonds, accounting for 63.32% of the total issuance prior to the reduction [2] - From May 22 to June 28, 2023, Zhongxing Group reduced its holdings by 2.7 million bonds, leaving them with 6,924,427 bonds [2] - In August 2023, a further reduction of 2,492,181 bonds occurred, resulting in a new total of 4,432,246 bonds held by Zhongxing Group, which is 29.16% of the total issuance [2]