Section I Important Notes, Contents and Interpretations
The Board of Directors, directors, and senior management of the Company guarantee that the information presented in this report is true, accurate, and complete, free from false statements, misrepresentations, and material omissions, and shall together be wholly liable for the truthfulness, accuracy, and completeness of its contents. Mr. Jiang Bin, the person in charge of the Company, and Mr. Li Yongzhi, the person in charge of accounting and the head of the accounting department (accounting supervisor), guarantee that the financial report in this annual report is true, accurate, and complete. All directors have attended the board meeting to review the annual report. The future plans and some forward-looking statements in this report shall not be considered as commitments to investors. Investors and relevant persons should maintain sufficient risk awareness and understand the differences between plans, forecasts, and commitments. Investors are kindly reminded to pay attention to investment risks. The Company faces risks in market, operation, and management. For details, please refer to "Section III Management Discussion and Analysis, XI. Outlook for the Future Development of the Company" in this report. The profit distribution proposal approved by the Board of Directors is: based on the total share capital registered on the record date minus the repurchased shares in the Company's specific securities repurchase account, the Company will distribute a cash dividend of RMB 2.00 (tax inclusive) for every 10 shares to all shareholders, with no bonus shares and no conversion of capital surplus into share capital.
Contents
Section I Important Notes, Contents and Interpretations ....................................... 2
Section II Company Profile and Key Financial Indicators ..................................... 7
Section III Management Discussion and Analysis.................................................. 11
Section IV Corporate Governance, Environment and Society ............................. 33
Section V Important Matters ................................................................................... 61
Section VI Changes in Shares and Shareholder Information ............................... 73
Section VII Bonds ...................................................................................................... 82
Section VIII Financial Report .................................................................................. 85
Documents Available for Reference
- Financial statements signed and sealed by the Company's person in charge, the chief accountant, and the person in charge of the accounting department (accounting supervisor);
- The originals of the 2025 annual report and its abstract signed by the Company's person in charge;
- The originals of the auditor's report with the seal of Zhongxi CPAs (Special General Partnership) and the signature and seal of the certified public accountants;
- The originals of all documents and announcements publicly disclosed on the media designated by the China Securities Regulatory Commission (CSRC) during the reporting period.