HONGYUAN ELECTRONICS(SH:603267) Zheng Quan Zhi Xing·2025-05-09 10:49Core Viewpoint - The legal opinion issued by Beijing Tianyuan Law Firm confirms that the differentiated dividend distribution plan proposed by Beijing Yuanliuhongyuan Electronic Technology Co., Ltd. complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [6][7]. Group 1: Reasons and Basis for Differentiated Dividend - The company plans to repurchase shares using its own funds through centralized bidding, with previous repurchases resulting in a total of 764,708 shares to be canceled and corresponding capital reduction [4]. - The repurchased shares do not have voting rights or profit distribution rights, necessitating a differentiated dividend distribution due to the discrepancy in total share capital on the dividend record date [4][5]. Group 2: Differentiated Dividend Plan - The company intends to distribute a cash dividend of RMB 0.17 per share (tax included) based on the total number of shares eligible for distribution, which excludes the repurchased shares [5]. - The total undistributed profits as of December 31, 2024, amount to RMB 2,788,494,882.76 [5]. Group 3: Calculation Basis for Differentiated Dividend - The reference price for ex-dividend calculation is determined to be RMB 55.12 per share, with minimal impact from the repurchased shares on the ex-dividend price [5]. - The virtual cash dividend calculated based on the total shares participating in the distribution is approximately RMB 0.17 per share [5].