Group 1 - The company has approved a profit distribution plan at the annual shareholders' meeting held on May 12, 2025, which includes a cash dividend of 2.00 RMB per 10 shares, totaling 43,659,648 RMB (including tax) [1][2] - The total share capital as of December 31, 2024, is 218,298,240 shares, and the remaining undistributed profits will be carried forward to the next year [1][2] - The dividend distribution will be adjusted if there are changes in the company's share capital before the implementation period [1] Group 2 - The equity distribution plan specifies that the cash dividend will be distributed to all shareholders based on the existing total share capital, with different tax treatments for various types of shareholders [1][2] - The record date for the equity distribution is set for June 5, 2025, and the ex-dividend date is June 6, 2025 [2] - The distribution will be directly credited to the shareholders' accounts through their securities companies or other custodial institutions [2]

Core Viewpoint - The company held its 2024 annual performance briefing, showcasing strong investor engagement with a 96.15% response rate to questions posed during the event [1]. Group 1: Company Performance and Market Position - The company is currently valued at 60 billion, significantly lower than its competitor, Changsheng Company, which is valued at 240 billion, indicating a potential undervaluation [2]. - The company aims to balance profit distribution and business expansion, ensuring sustainable shareholder returns through consistent annual dividends [3][5]. - The company is positioned as a leader in the self-lubricating bearing industry, with a focus on enhancing material performance and extending product lifespan [7][12]. Group 2: Product Development and Innovation - The company is actively involved in research and development of new materials and processes to improve product performance, particularly in emerging sectors like new energy and robotics [3][4][8]. - The product range includes 16 series of sliding bearings, widely used in various industries such as automotive manufacturing, engineering machinery, and aerospace [6][11]. - The company plans to enhance its competitiveness in high-end markets through digital transformation and automation [8]. Group 3: Strategic Goals and Future Plans - The company is committed to becoming a world-class enterprise, focusing on unique product development and aiming for long-term growth [4][12]. - Future growth drivers include the company's mission, confidence in industry development, and research capabilities [10]. - The company intends to expand its market share in the engineering machinery sector and strengthen its international market presence by attracting large OEM clients [11][26].