Group 1 - The company has announced a restriction period for the exercise of stock options under the "Win-Win No. 1" stock option incentive plan, which will be from January 8, 2026, to January 21, 2026, during which all incentive participants will be restricted from exercising their options [2][3] - The second exercise period for the stock options granted under the "Win-Win No. 1" plan commenced on May 30, 2025, and will last until May 13, 2026 [1] - The company will apply to the China Securities Depository and Clearing Corporation Limited Shanghai Branch for matters related to the restriction on exercising options [3] Group 2 - The company will implement a profit distribution plan for the third quarter of 2025, distributing a cash dividend of 3.0 yuan per 10 shares (including tax) to all shareholders, excluding shares held in the company's repurchase account [7] - The convertible bonds ("Youfa Convertible Bonds") will be suspended from conversion from January 13, 2026, until the equity registration date, with resumption of conversion on the first trading day after the registration date [6][8] - The profit distribution plan has been approved at the company's first extraordinary general meeting held on December 26, 2025 [7]

Core Viewpoint - The company has initiated the "Win-Win No. 1" stock option incentive plan, with the first grant allowing for a total of 6.88518 million stock options to be exercised over two periods, aimed at motivating and retaining key personnel [1][2][3]. Summary by Sections Stock Option Grant Details - The first exercise period allows for 688,518 stock options, with the exercise window from May 29, 2024, to May 13, 2025, and a total of 950,120 shares expected to be transferred, representing 13.7995% of the total options [1]. - The second exercise period permits 3,890,812 stock options, with the exercise window from May 30, 2025, to May 13, 2026, and a total of 40.9852% of the options expected to be exercised [2]. Decision-Making Process and Disclosure - The decision-making process for the stock option plan involved multiple meetings where independent directors provided their consent, ensuring compliance with relevant regulations [3][4]. Exercise and Registration Information - The stock options will be exercised through a self-exercise model, with shares listed for trading on the second trading day after the exercise date [2][5]. - As of June 30, 2025, a total of 6,261,752 shares have been registered from the first exercise period, raising approximately 31.45 million yuan [5]. Impact on Financial Reports - The exercise of these stock options is not expected to have a significant impact on the company's financial condition or operating results [5].