InMay 2025, the China Association for Public Companies (CAPCO) published theresults of the selection. Kaifa, with its excellence performance in investorrelations management, won the "Best Practice in Investor RelationsManagement of Listed Companies" award for the first time.

Theevaluation was conducted by an expert team including the Investor RelationsManagement Professional Committee, through a combination of objective andsubjective methods, assessing the performance of listed companies' investorrelations management in terms of content and methods, organization andimplementation, and incorporating operational results of the companies'investor relations work for a comprehensive assessment. The selection coveredover 5,000 companies listed on the Shanghai Stock Exchange, Shenzhen StockExchange and Beijing Stock Exchange, selected more than 300 best practicecases. This recognition fully demonstrates the continuous recognition and highevaluation of the company's investor relations management work by regulatoryauthorities, industry associations, and the capital market.

KAIFAprioritizes investor relations work and has established a smooth communicationmechanism. It not only regularly holds earnings briefings, receives on-sitevisits and research from investors, but also facilitates ongoing dialogue withinvestors through various channels such as the company's website, investorhotlines, email, interactive platforms, and strategy meetings, enhancing themarket's understanding and recognition of the company.

KAIFAhas always adhered to the concept of sharing its development achievements withinvestors and is committed to rewarding shareholders with stable businessperformance. Since its listing, it has returned RMB3.66 billion in cashdividends, with the total amount of dividends far exceeding the total amount offunds raised. It consistently delivers tangible shareholder value. For the year2024, the company's dividend plan is to distribute a cash dividend of 1.90 RMB (includingtax) every 10 shares, with a proposed total cash dividend of 296,511,641.72 RMB(including tax).

Meanwhile,KAIFA actively promotes the stock option incentive plan and the effectiveimplementation of the equity incentive plan, which provides strong support forthe sustainable growth of the company's business, engages and incentivizes ofkey personnel in core positions, brings more stability and developmentpotential to the company, and also greatly enhances the recognition of theenterprise's value and strategic direction among a large number of investors.

Thisaward will enhance KAIFA's brand image and market reputation in the capitalmarket, boost investor confidence, and attract more patient capital. In thefuture, KAIFA will be guided by the concept of market value management,innovate investor relations management, and partner with investors in thecapital market advance investor relations.