Core Viewpoint - North China International Exhibition Co., Ltd. has been awarded the "Golden Dawn Market Value Management Award" for its robust operational resilience and multi-business synergy centered around exhibition services, establishing itself as a benchmark for high-quality development in the exhibition industry [1][10]. Group 1: Business Strategy and Performance - The core strategy of North China International Exhibition Co., Ltd. is to leverage its exhibition business as an engine to drive the collaborative development of diverse sectors, including real estate and commercial properties [2]. - In 2025, the company achieved significant breakthroughs in major event support, industry chain extension, and hardware facility upgrades, with a total of 22 major exhibition projects hosted [2][3]. - The company successfully organized several established events, including the Service Trade Fair and the China Refrigeration Exhibition, enhancing its leading position in the professional exhibition sector [2][3]. Group 2: Infrastructure Development - The Capital International Exhibition Center and the second phase of the National Conference Center were entrusted to North China International Exhibition Co., Ltd. for operation management, significantly enhancing Beijing's exhibition space and the company's service capabilities [3][4]. - The Capital International Exhibition Center has become the largest and most advanced exhibition venue in Beijing, capable of hosting comprehensive professional exhibitions exceeding 100,000 square meters [4]. Group 3: Commercial Property and Innovation - The commercial property sector of North China International Exhibition Co., Ltd. thrived in 2025, with innovative marketing activities boosting consumer traffic in the Asia-Oceania business circle [5]. - The company is actively creating new consumption scenarios by integrating culture, commerce, tourism, and sports, thereby enhancing regional influence [5]. Group 4: Strategic Partnerships and Ecosystem Development - In 2025, North China International Exhibition Co., Ltd. expanded its strategic partnerships with over ten key entities, including Beijing Telecom and Xiaomi Group, focusing on 5G and AI smart park construction [6]. - The establishment of the Artificial Intelligence Exhibition Ecosystem Alliance marks a significant step towards a smart ecological collaboration in the exhibition industry [6]. Group 5: Market Value Management and ESG - The company emphasizes market value management and ESG governance, implementing systematic measures to enhance intrinsic value and market recognition [7][9]. - North China International Exhibition Co., Ltd. has established a regular market value management mechanism and has been actively engaging with investors through various activities [7]. - The company has been recognized as an "ESG Pioneer Enterprise," reflecting its commitment to economic, political, and social responsibilities [9][10]. Group 6: Future Outlook - Moving forward, North China International Exhibition Co., Ltd. aims to deepen its "exhibition-led" strategy, enhance core competitiveness in the exhibition business, and optimize resource allocation efficiency [10]. - The company plans to continue releasing the composite value of the "exhibition+" ecosystem, contributing to sustainable development in the capital market [10].

Core Viewpoint - The company has announced a valuation enhancement plan due to its stock price being below the audited net asset value per share for 12 consecutive months, aiming to improve investment value and protect stakeholders' rights [1][2]. Summary by Sections Valuation Enhancement Plan Trigger and Review Process - The plan was triggered as the closing price of the company's stock was below the audited net asset value per share, which was 3.80 CNY from January 1, 2024, to March 21, 2024, and 3.82 CNY from March 22, 2024, to December 31, 2024 [2]. Specific Content of the Valuation Enhancement Plan - The company will focus on its core business to promote high-quality development, emphasizing strategic leadership, resource integration, and collaboration among enterprises [2][3]. Exhibition Business Sector - The company aims to strengthen its exhibition business by establishing a leading brand and enhancing cooperation with international organizations and government agencies to increase the number of government and international exhibitions [3][4]. Commercial Property Sector - The company will innovate in commercial property management, focusing on office buildings, apartments, and commercial parks, while enhancing operational efficiency and exploring new consumption models [4][5]. Real Estate Development Sector - The company plans to accelerate fund recovery, manage cash flow, and transition from traditional real estate development to high-quality, service-oriented development [5]. Diversified Financing System - The company has raised over 100 billion CNY through various financing channels since its listing, which supports its business expansion and strategic transformation [5][6]. Strategic Cooperation - The company emphasizes strategic partnerships with financial institutions and industry leaders to enhance resource sharing and operational efficiency [6][7]. Mergers and Acquisitions - The company will explore M&A opportunities to optimize resource allocation and enhance the exhibition industry chain, aiming for high-end, digital, and green development [7][8]. Cash Dividends and Shareholder Returns - The company has maintained a cash dividend ratio of over 30% for the past decade and aims to balance operational development with shareholder returns [8][9]. Shareholder Buybacks and Market Value Stability - The company is implementing a share buyback plan to stabilize its market value and enhance investor confidence [9][10]. Information Disclosure Quality - The company has received an A rating for information disclosure for four consecutive years and aims to enhance transparency and communication with investors [9][10]. ESG Governance - The company is building an ESG-brand-value ecosystem to enhance brand value and capital recognition through responsible practices [10][11]. Investor Relations Management - The company has established multiple communication channels with investors to foster trust and enhance its capital market image [11][12]. Corporate Governance - The company is committed to improving its governance structure and internal controls to ensure compliance with regulations and enhance decision-making effectiveness [12][13].