Core Viewpoint - China National Machinery Industry Corporation (Sinomach) is committed to enhancing its core competitiveness and playing a leading role in the modernization of the industrial system and new development patterns, focusing on advanced equipment manufacturing and supply chain services [1][2] Group 1: Business Development - Sinomach is recognized as a leader in China's machinery industry, actively participating in and contributing to the development of the equipment manufacturing sector [1] - The company aims to leverage the capital market as a "booster" and "catalyst" to enhance its core functions and competitiveness [1] Group 2: Corporate Governance and Investor Relations - Sinomach emphasizes the importance of listed companies as industry leaders and innovators, implementing strategies to improve the quality and market value of state-owned enterprises [2] - The company plans to focus on five key areas: enhancing the quality of listed companies, strengthening capital operations, increasing reform efforts, ensuring compliance, and actively returning value to investors [2] - Sinomach is committed to fostering a strong awareness of investor returns, utilizing methods such as dividends and buybacks to share the benefits of corporate growth with investors [2]

Core Viewpoint - China Machinery Industry Group Co., Ltd. (referred to as "the Company") is committed to enhancing the investment value of its listed companies and strengthening investor returns as a long-term initiative [1][2]. Group 1: Investment Value Enhancement - The Company will support its listed companies in gathering quality resources and engaging in capital operations that enhance investment value [2]. - The focus will be on integrating industry resources to address supply chain shortcomings and enhancing core business competitiveness through mergers and acquisitions [2]. - The Company aims to establish a strong awareness of investor returns among its listed companies, utilizing methods such as dividends and stock buybacks to share development results with investors [2][3]. Group 2: Market Position and Performance - The Company currently controls 11 listed companies, with a total market capitalization growth of 17.5% as of June 2025 compared to the end of 2022 [3]. - The primary goal is to "outperform the market and the industry" through various value creation and transmission strategies, including mergers, market reforms, and investor relations management [3].

Group 1 - Companies like Taili Technology and Baiyun Electric are increasing their dividend payouts to enhance investor returns and boost company value [1][2] - Baiyun Electric plans to distribute dividends amounting to at least 30% of its net profit for the first half of 2025, while Taili Technology proposes a cash dividend of no less than 2.5 yuan per 10 shares [1][2] - Guangdong listed companies have seen a growing trend in dividend payouts, with a total of nearly 120 billion yuan in dividends for the 2024 fiscal year, surpassing the market average by approximately 20 percentage points [2] Group 2 - Many companies, including Arrow Home and Xinbao, are actively repurchasing shares to further enhance their investment value [3] - Baiyun Electric has announced a share repurchase plan with a budget between 10 million and 20 million yuan, aimed at employee stock ownership plans and/or equity incentives [3] - The Guangdong provincial government has implemented measures to encourage listed companies to improve their market value management and increase shareholder returns through share repurchases and regular dividend distributions [4] Group 3 - The Guangdong Securities Regulatory Bureau held a training session for over 300 listed companies to discuss dividend policies and regulations [4] - The bureau emphasized the importance of improving corporate governance and operational performance to create favorable conditions for dividend distributions [4] - Companies are encouraged to establish a stable and regular dividend mechanism, simplify decision-making processes for mid-term dividends, and increase the frequency of dividend payouts [4]