Group 1 - The core announcement is regarding the adjustment of the conversion price for the exchangeable bonds issued by the controlling shareholder, Anhui Quanchai Group Co., Ltd, based on the distribution of cash dividends by Quanchai Power [1][2] - Anhui Quanchai Group has issued a total of 300 million yuan in exchangeable bonds with a maturity of 3 years, and the bonds were completed on December 21, 2023 [1] - The conversion price for the bonds will be adjusted from 10.85 yuan per share to 10.79 yuan per share effective June 23, 2025, due to the cash dividend distribution [2] Group 2 - The company plans to distribute a cash dividend of 0.6 yuan per 10 shares to all shareholders based on a total share capital of 435,599,919 shares as of December 31, 2024 [2] - The adjustment formula for the conversion price is defined as P1 = P0 - D, where P0 is the pre-adjustment price, D is the cash dividend per share, and P1 is the post-adjustment price [2] - The company will closely monitor the bond conversion situation and fulfill its information disclosure obligations as required [3]