Financial Performance - Core profit increased by 1.4% year-over-year to RMB 2,736 million [3] - Operating cash flow increased by 15.7% year-over-year to RMB 5,573 million [3] - The company plans a cash dividend per share of not less than RMB 1.14 in 2025 [4] - The company plans an annual cash dividend payout ratio of not less than 50% of the core profit attributable to the parent company for the year from 2026 to 2028 [4] Natural Gas Business Expansion - Total gas sales volume increased by 6.4% to 20.33 billion cubic meters [2, 34] - Medium- and long-term demand locked in 3.4 billion cubic meters [2] - Zhoushan LNG Terminal unloading volume reached 1.137 million tons, with a year-over-year increase of 11.7% [3, 59] - Newly signed Long-Term Agreement (LTA) with ADNOC for 1 million tons per year [3, 56] Resource Acquisition and Optimization - China's LNG imports in 1H2025 decreased by 20.6% year-over-year to 30.11 million tons [54] - Executed 1.654 billion cubic meters of LTA with CNPC in 1H 2025, a year-over-year increase of 123 million cubic meters [56] - Unconventional resource supplies from various partners reached 1.1 billion cubic meters, a year-over-year increase of over 400 million cubic meters [56] Integrated Energy and Smart Home Business - Integrated Energy sales volume reached 324.5 MW [72] - Intelligent Product Contracts reached RMB 553 million, an 81% year-over-year increase [77]

Core Viewpoint - The recent announcement by the company regarding the legal issues faced by its chairman and CEO, Wang Linpeng, has led to a significant decline in its stock price, reflecting investor concerns about governance and operational stability [1][12]. Group 1: Company Background - The company, formerly known as "居然之家," was renamed "居然智家" in December 2022, focusing on smart home products and services as part of its transformation strategy [10][11]. - Established in 1999, the company operates as a large commercial chain group with a diverse business scope, including design and decoration, furniture and building materials sales, logistics, home services, shopping centers, and supermarkets [10]. Group 2: Recent Developments - On April 18, 2023, the company announced that Wang Linpeng received a "Detention Notice" and "Case Filing Notice" from the Wuhan Municipal Jianghan District Supervisory Committee [1]. - Just ten days prior, on April 8, Wang Linpeng participated in an industry forum hosted by the company, indicating his active involvement in company affairs [3]. - Wang Linpeng has a long history with the company, having served in various leadership roles since 2001, including as president and chairman [5]. Group 3: Financial Performance - The company's latest performance report indicated a revenue of 12.966 billion yuan for 2024, a decrease of 4.04% year-on-year, and a net profit of 883 million yuan, down 32.08% compared to the previous year [11]. - The company's stock price fell by 10% to a limit down on April 18, 2023, following the announcement of Wang Linpeng's legal troubles [12].