Core Points - The company plans to redeem all three series of preferred shares on July 1, 2025, which includes 130 million shares of "Xingye Preferred 1," 130 million shares of "Xingye Preferred 2," and 300 million shares of "Xingye Preferred 3" [1][2] Group 1 - The company has announced the suspension of trading for the three series of preferred shares starting from June 30, 2025, until their redemption on July 1, 2025 [2] - The total number of preferred shares being redeemed amounts to 560 million shares [1][2]

Core Viewpoint - The company plans to fully redeem three series of preferred shares on July 1, 2025, and will suspend trading of these shares on June 30, 2025 to ensure fair information disclosure and protect investor interests [1] Summary by Relevant Sections - **Redemption Plan**: The company intends to redeem a total of 130 million shares of "Xingye Preferred 1", 130 million shares of "Xingye Preferred 2", and 300 million shares of "Xingye Preferred 3" on July 1, 2025 [1] - **Trading Suspension**: To maintain fair information disclosure, the company will apply for a trading suspension of the three series of preferred shares on June 30, 2025 [1] - **Investor Protection**: The actions taken by the company are aimed at safeguarding the interests of investors [1]

Summary of Key Points Core Viewpoint - The company plans to redeem all three series of preferred shares on July 1, 2025, following approval from the board and regulatory authorities [1][3]. Redemption Scale - The company intends to redeem a total of 300 million yuan worth of preferred shares, which includes: - 130 million shares of "Xingye Preferred 1" with a par value of 100 yuan each - 130 million shares of "Xingye Preferred 2" with a par value of 100 yuan each - 300 million shares of "Xingye Preferred 3" with a par value of 100 yuan each [1][2]. Redemption Price - The redemption price will be the par value of the preferred shares plus accrued dividends calculated from the announcement date to the redemption date, using the formula: IA = B × i × t / 365 [2]. Redemption Timing - The payment for the redemption will occur on July 1, 2025, covering the par value and dividends accrued from January 1, 2025, to June 30, 2025 [2]. Redemption Procedure - The board has been authorized to handle all matters related to the redemption, following the framework approved in previous shareholder meetings and regulatory requirements [2][3].

Summary of Key Points Core Viewpoint - The announcement details the dividend distribution plan for the preferred shares of Industrial Bank Co., Ltd. for the year 2024, including specific dividend rates and payment dates for each series of preferred shares [1][2]. Dividend Distribution Plan - For the preferred share series 兴业优 1 (code: 360005), the annual dividend rate is 5.55% from January 1 to December 7, 2024, and 4.23% from December 8 to December 31, 2024, with a total dividend payout of approximately 710.25 million RMB [2]. - For the preferred share series 兴业优 2 (code: 360012), the annual dividend rate is 4.63% for the entire year 2024, resulting in a dividend payout of 630 million RMB [2]. - For the preferred share series 兴业优 3 (code: 360032), the annual dividend rate is 4.90% from January 1 to April 9, 2024, and 4.05% from April 10 to December 31, 2024, leading to a total dividend payout of approximately 1.28467 billion RMB [2]. Implementation Dates - The last trading day for the preferred shares is June 18, 2025, with the record date for shareholders being June 19, 2025. The ex-dividend date is also June 19, 2025, and the dividend payment date is set for June 20, 2025 [3].

Redemption Announcement - The company plans to redeem all issued preferred shares of three series on July 1, 2025, following approval from the board and the financial regulatory authority [1][3] - The total redemption scale includes 130 million shares each for "Xingye Preferred 1" and "Xingye Preferred 2," and 300 million shares for "Xingye Preferred 3," amounting to a total of 30 billion RMB [1][2] Redemption Price and Payment - The redemption price will consist of the face value of the preferred shares plus accrued dividends calculated from the announcement date to the redemption date [2] - Payment to shareholders will occur on July 1, 2025, covering the face value and dividends accrued from January 1, 2025, to June 30, 2025 [2] Approval and Procedures - The board has received no objections from the financial regulatory authority regarding the redemption of the preferred shares [3] - The company has the authority to manage all matters related to the redemption as per the resolutions passed in previous annual general meetings [2][3]

Redemption Announcement - The company plans to redeem all issued preferred shares from three series on July 1, 2025, following approval from the board and the financial regulatory authority [1][3] - The total redemption scale includes 130 million shares each for "Xingye Preferred 1" and "Xingye Preferred 2," and 300 million shares for "Xingye Preferred 3," amounting to a total of 30 billion RMB [1][2] Redemption Price and Process - The redemption price will consist of the face value of the preferred shares plus accrued dividends calculated from the announcement date to the redemption date [2] - The payment for the redemption will be made on July 1, 2025, covering the face value and dividends accrued from January 1, 2025, to June 30, 2025 [2] Regulatory Compliance - The company has received no objections from the financial regulatory authority regarding the redemption of the preferred shares [3]