In a swift response to deeply implement the spirit of the State Council’s ‘Several Opinions on Strengthening Regulation, Preventing Risks, and Promoting High-Quality Development of the Capital Market’ (the new ‘Nine Guidelines’), the Company has organized a series of specialized learning sessions and practical initiatives. These efforts drive all employees to seamlessly integrate core mandates—namely enhancing corporate governance and safeguarding investor rights—into Hexing’s daily operations.
Taking the lead, the Office of the Board of Directors organized specialized study sessions and mobilized major shareholders, directors, supervisors, senior executives, and key departments to actively participate. Through thematic lectures and symposiums, the Company conducted in-depth interpretations of the policy connotations and regulatory trends of the new ‘Nine Guidelines.’ Concurrently, publicity slogans such as ‘Implementing the Spirit of the Nine Guidelines to Protect Investors’ Legitimate Rights and Interests’ are looping continuously on the large screens across the corporate showroom, fostering a strong culture of comprehensive compliance and deep respect for investors.
In practice, the Company continuously refines its corporate governance structure and information disclosure mechanisms, bridging healthy interactions through multiple channels such as high-frequency earnings conference calls and research exchanges. Over its seven years since listing, Hexing has distributed cumulative cash dividends of approximately RMB 1.966 billion. Over the past five years, the dividend payout ratio reached 53% of its cumulative net profit, complemented by share repurchases that demonstrate solid confidence in its development. Concurrently, the Company focuses on its core business cultivation and technological innovation, rewarding investors through sustainable development.
Moving forward, the Company will steadfastly uphold its ‘investor-centric’ philosophy, translating the mandates of the new ‘Nine Guidelines’ into concrete actions aimed at enhancing corporate quality and protecting investor rights, thereby sharing the fruits of growth with all investors.


