Recently, the China Listed Companies Association (hereinafter referred to as "CLCA") released the results of the 2024 Best Practice in Investor Relations Management for Listed Companies. Among numerous participating companies, TFC Communications was successfully selected into the "2024 Best Practice in Investor Relations Management for Listed Companies" list, demonstrating the company's outstanding achievements in investor relations management.
Since its establishment, TFC Communications has always prioritized the interests of investors and attached great importance to the protection of investors' rights and interests. The company has explicitly stipulated profit distribution policies in its Articles of Association and, based on actual circumstances, has formulated the "Three Year Shareholder Return Plan" several times to ensure that investors can share in the company's development achievements. Since its listing in 2015, TFC Communications has achieved cash dividends for ten consecutive years, with the dividend amount accounting for more than 40% of the net profit attributable to the shareholders of the listed company in each year. The total amount of cash dividends distributed has reached as high as RMB 1.506 billion. In addition to cash dividends, the company has also shared the growth benefits with investors through the form of capital reserve fund to share capital increase.
In terms of information disclosure, TFC Communications has timely and accurately conveyed dynamic information about the company's daily operations to shareholders through various channels such as telephone, email, fax, letters, online communication platforms, and reception of visits. This includes key information on production and operation, financial status, new product and technology research and development, market operations, and internal management. Meanwhile, the company actively listens to the opinions and suggestions of small and medium sized shareholders on the company's operations and development, ensuring that investors can fully understand the company's operations and enhancing their confidence in the company.
In addition, in 2024, TFC Communications also won several capital market awards, including but not limited to the "Top 50 Valuable Companies in the Growth Enterprise Board," the "Tianma Award for Investor Relations Management of Chinese Listed Companies," and the "Highest Rating A for Information Disclosure by Shenzhen Stock Exchange" for eight consecutive years. These honors fully prove the company's excellent performance in corporate governance and investor relations management and reflect the industry's high recognition of TFC Communications.
TFC Communications will continue to adhere to the concept of "investor oriented" and continuously improve the level of investor relations management. It will strengthen communication and exchanges with investors to ensure that they can obtain company information in a timely and accurate manner, safeguard the legitimate rights and interests of investors, and achieve win win development between the company and investors.