Group 1 - The company, Wankong Intelligent Manufacturing, primarily engages in the business of power distribution switch control equipment [2] - The manufacturing of high and low voltage electrical cabinets is handled by three subsidiaries located in Lishui, Chengdu, and Tianjin, with sales conducted through the company [2] - As a manufacturer of essential electrical infrastructure, the company aims to continuously align its technology and business capabilities to seize market opportunities [2]

Core Viewpoint - The company has announced a "Quality Improvement and Efficiency Enhancement Return Action Plan" to align with government initiatives aimed at improving the quality of listed companies and enhancing investor returns [1]. Group 1: Focus on Core Business and Operational Quality - The company aims to become a global leader in smart power equipment solutions, focusing on the distribution switch control equipment industry for over 30 years, with applications in various sectors including power generation, transmission, and urban infrastructure [2]. - The company is upgrading existing products and expanding into high-value areas such as grid business and new energy, achieving overseas revenue of 59.59 million yuan in 2024, an increase of 87.95% from 2023 [2][3]. Group 2: Shareholder Returns - The company has implemented a stable and sustainable shareholder return mechanism, with a total cash dividend exceeding 184 million yuan since its listing in March 2022, representing 78.36% of the average annual net profit over the past three years [4]. - A three-year shareholder return plan (2025-2027) has been established, prioritizing cash dividends and ensuring the continuity and stability of profit distribution policies [4]. Group 3: Market Communication and Interaction - The company has established diverse communication channels with investors, including hotlines, emails, and regular performance briefings, to enhance investor understanding and build a positive relationship [6]. - In 2025, the company will ensure timely responses to investor concerns and conduct regular performance briefings to maintain transparency and trust [6]. Group 4: Governance and Compliance - The company adheres to legal and regulatory requirements to enhance its governance structure, including the optimization of its governance framework and the establishment of clear responsibilities among its governing bodies [7]. - A systematic revision of 28 governance policies has been undertaken, focusing on fundraising management and subsidiary control, to improve governance efficiency [7]. Group 5: Responsibility and Risk Management - The company emphasizes the role of key personnel in governance and implements training and compliance measures to enhance their capabilities [8]. - An effective incentive mechanism is in place to align the interests of management with those of shareholders, promoting long-term sustainable development [8].