Important Notes, Directory, and Definitions
The Board of Directors and senior management of the company guarantee that the content of the annual report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibility. The company’s responsible person Zhou Heping, the head of accounting Yao Chenhang, and the head of the accounting institution Zhao Feiyan declare: they ensure the truthfulness, accuracy, and completeness of the financial report in this annual report. All directors have attended the board meeting to review this report. The forward-looking statements regarding future development plans in this report are planning matters and do not constitute substantial commitments to investors; investors are advised to pay attention to investment risks. The company has described the risks and countermeasures that may exist in its operations in the "Section 3 Management Discussion and Analysis" under "Outlook for Future Development," and investors are encouraged to read carefully.
The profit distribution plan approved by the board of directors is as follows: based on the existing total share capital of 1,399,887,362 shares, excluding the repurchased shares of 10,283,600 shares in the repurchase special securities account, the base capital is 1,389,603,762 shares, and a cash dividend of 1.65 RMB (including tax) will be distributed for every 10 shares to all shareholders, with no bonus shares (including tax) and no capital increase from reserves.
Directory
- Important Notes, Directory, and Definitions .............................................................. 2
- Company Profile and Key Financial Indicators ............................................................ 6
- Management Discussion and Analysis .................................................................. 10
- Corporate Governance, Environment, and Society .............................................................. 50
- Important Matters .......................................................................... 74
- Share Changes and Shareholder Information ................................................................ 87
- Bond-Related Information ...................................................................... 94
- Financial Report .......................................................................... 95
List of Documents for Reference
- Original text of the 2025 Annual Report signed and stamped by the company’s chairman;
- Financial statements signed and stamped by the responsible person Zhou Heping, head of accounting Yao Chenhang, and head of the accounting institution Zhao Feiyan;
- Original audit report stamped by the accounting firm and signed by the certified public accountant;
- All original documents and announcements publicly disclosed during the reporting period in "Securities Times," "China Securities Journal," and the Giant Tide Information Network (www.cninfo.com.cn). The above reference documents are kept in the office of the company’s board secretary.