Core Viewpoint - The company announced that it will not adjust the conversion price of its convertible bonds or the upper limit for share repurchase following the 2024 annual equity distribution, maintaining the conversion price at 2.72 CNY per share and the repurchase price limit at 2.73 CNY per share [1][4]. Group 1: Convertible Bonds - The company issued 14,847,200 convertible bonds on June 20, 2022, with a conversion price set at 2.72 CNY per share [1]. - The conversion price will not be adjusted despite the equity distribution, as the impact on the conversion price is minimal [3][4]. - The company will follow specific formulas for adjusting the conversion price in future scenarios involving stock dividends, capital increases, or cash dividends [2]. Group 2: Share Repurchase - The company plans to repurchase shares with a total fund of no less than 100 million CNY and no more than 200 million CNY, with a maximum repurchase price of 2.73 CNY per share [4][5]. - The repurchase will be used for employee stock ownership plans or equity incentives, and the implementation period is within 12 months from the approval date [4]. - Similar to the convertible bonds, the upper limit for the repurchase price will not be adjusted due to the minimal impact from the equity distribution [5].

Group 1 - The company announced the interest payment for its convertible bonds, with a coupon rate of 1% for the third year, amounting to 10.00 yuan for every 10 bonds held [1][3] - The interest payment period is from June 20, 2024, to June 19, 2025, and the actual interest received by investors will be 8.00 yuan after tax deductions [3][4] - The company issued a total of 14,847,200 convertible bonds on June 20, 2022, under the bond code 123149 [1][2] Group 2 - The company has a credit rating of "AA" with a stable outlook for both the issuer and the bonds [3] - The interest payment will be processed by China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, which will distribute the funds to the designated accounts of bondholders [4][5] - Non-resident enterprises holding the bonds are exempt from corporate income tax on the interest income until December 31, 2025 [5]

Core Viewpoint - The company has announced its profit distribution plan for the year 2024, which includes a cash dividend of 0.05 RMB per 10 shares for all shareholders, excluding repurchased shares [1][2]. Summary by Sections Profit Distribution Plan - The profit distribution plan was approved at the shareholders' meeting held on May 20, 2025, with a total share capital of 3,896,993,570 shares, excluding 20,158,600 repurchased shares, resulting in a base of 3,876,834,970 shares for the cash dividend distribution [1][2]. Dividend Details - The cash dividend is set at 0.05 RMB per 10 shares (tax included), with no stock dividends or capital reserve transfers to increase share capital [1][2]. - For Hong Kong market investors and certain foreign institutions, the cash dividend will be 0.045 RMB per 10 shares after tax deductions [2]. Key Dates - The record date for the distribution is June 19, 2025, and the ex-dividend date is June 20, 2025 [3]. Distribution Method - Cash dividends will be directly credited to shareholders' accounts through their securities companies or other custodians on the ex-dividend date [3][4]. Consultation Information - The company provides consultation services through its board office, with contact details available for inquiries [4].

Group 1 - The China Securities Convertible Bond Index opened with a gain of 0.23% [1] - Tongyu Convertible Bond increased by 5.10% [1] - Yitian Convertible Bond rose by 1.78% [1] - Jingyuan Convertible Bond experienced a rise of 0.56% [1] - Hongchang Convertible Bond declined by 0.64% [1] - Shouhua Convertible Bond decreased by 0.29% [1]