公告日期：2025-04-25

Shandong Linglong Tyre Co., Ltd.

2024AnnualAssessment Report on the Corporate Value and
Return EnhancementAction Plan and the 2025Annual

Corporate Value and Return Enhancement Action Plan

In proactive response to the Shanghai Stock Exchange's Initiative on
Launching the Corporate Value and Return Enhancement Action Plan for
Shanghai-listed Companies, practice the development concept of "putting
investorsfirst",andfurtherimprovethequalityandvalueoftheCompany's
investments, the Company formulated and released the "2024 Annual
Corporate Value and Return Enhancement Action Plan" in March 2024,
and actively promoted the implementation of relevant work based on the
plan.In ordertopromotethelong-termdevelopmentofthisworkwithhigh
quality, the specific implementation situation of the Company in 2024 and
the Corporate Value and Return Enhancement Action Plan in 2025 are
reported as follows:

I. Adhere to innovation driven approach, enhance core
competitiveness, and achieve high-quality development

In 2024, the global economy is facing challenges such as rising trade
protectionism, escalating geopolitical risks, and insufficient growth
momentum, presenting a characteristic of "coexistence of risks and
opportunities". In the complex and ever-changing international situation,
the Company adheres to focusing on its main business, actively promotes

global layout according to established strategies, accelerates product
innovation and upgrading, actively builds the core competitiveness of the
enterprise, and continuously improves product profitability through
continuous adjustment and optimization of sales structure, achieving good
results. In 2024, the Company achieved a cumulative sales volume of
85.4471 million units, a year-on-year increase of 9.57%; Operating
revenue was 22.058 billion yuan, a year-on-year increase of 9.39%; The
netprofitattributabletotheparentcompanywas 1.752billionyuan,a year-on-year in……
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