Core Points - The company completed the redemption and delisting of its "Wuziyou 5" preferred shares on November 21, 2025 [1][2] - A total of 20 million "Wuziyou 5" preferred shares were issued, with a total payment of RMB 2,094 million made to shareholders [1] - The preferred shares were listed for trading on the Shanghai Stock Exchange starting December 21, 2023, under the code 360046 [1] Summary by Sections - **Issuance and Listing** The company issued 20 million "Wuziyou 5" preferred shares on November 21, 2023, and these shares began trading on the Shanghai Stock Exchange on December 21, 2023 [1] - **Redemption Details** The company announced the complete redemption of all issued "Wuziyou 5" preferred shares on November 18, 2025, and paid a total of RMB 2,094 million to shareholders for the face value and dividends accrued during the holding period [1][2] - **Completion of Delisting** As of November 21, 2025, the "Wuziyou 5" preferred shares have been officially canceled, marking the completion of the redemption and delisting process [2]

Core Points - The company announced a redemption of all "Wuzi You 5" preferred shares, totaling 20 million shares, scheduled for November 21, 2025 [1] - To ensure fair information disclosure and protect investor interests, the company plans to apply for a trading suspension of the "Wuzi You 5" preferred shares on November 20, 2025 [1] - The redemption and cancellation of the "Wuzi You 5" preferred shares will occur on the same day as the redemption [1]

Core Points - The company successfully issued 20 million shares of preferred stock "Wuziyou 5" with a total face value of 2 billion yuan on November 21, 2023 [1] - The company plans to redeem the issued "Wuziyou 5" preferred shares, totaling 20 billion yuan, as approved by the board on October 24, 2025 [1][4] Redemption Details - The redemption price for the preferred shares will be the face value of 100 yuan per share plus any declared but unpaid dividends [2] - The redemption date is set for November 21, 2025, coinciding with the fixed dividend payment date [3] - The board has been authorized to handle all matters related to the redemption as per the resolutions passed in the shareholders' meeting [4]

Core Points - The company successfully issued 20 million shares of "Wuziyou 5" preferred stock, totaling 2 billion yuan on November 21, 2023 [1] - The redemption of the preferred shares is set for November 21, 2025, with a redemption price of 100 yuan per share plus any unpaid dividends [2][3] - The board of directors approved the redemption plan during the 27th meeting of the ninth board on October 24, 2025 [4] Redemption Details - **Redemption Scale**: The company will redeem 20 million shares of "Wuziyou 5" preferred stock, amounting to 2 billion yuan [1] - **Redemption Price**: The redemption price is the face value of the preferred stock (100 yuan per share) plus any dividends that have been declared but not yet paid [2] - **Redemption Time**: The fixed dividend payment date for "Wuziyou 5" is November 21, 2025, when the company will pay the face value and the fixed dividend for the period from November 21, 2024, to November 20, 2025 [3] - **Redemption Procedure**: The board has been authorized to handle all matters related to the redemption in accordance with relevant laws and regulations [4]