Core Viewpoint - The company has resolved to seek shareholder authorization for a buyback of its H-shares, aiming to demonstrate confidence in its long-term business prospects, enhance company value, and protect shareholder interests [1] Summary by Relevant Sections - **Buyback Authorization** The company will repurchase H-shares using its own funds, with the total number of shares not exceeding 10% of the total H-shares issued as of the date of the shareholder meeting approving the buyback resolution [1] - **Market Conditions and Capital Management** The company may cancel any repurchased H-shares or hold them as treasury shares based on market conditions and its capital management needs [1] - **Duration of Buyback Authorization** The "relevant period" for the buyback authorization is defined as the time from the approval of the resolution at the shareholder meeting until the earliest of the following dates: (i) the conclusion of the company's annual general meeting in 2026; or (ii) the date the buyback authorization is revoked or amended by a special resolution at any shareholder meeting [1]