KJS(SH:601579) Zheng Quan Zhi Xing·2025-05-25 08:22Group 1 - The core opinion of the legal opinion letter is that the differentiated dividend distribution plan of Kuaijishan Shaoxing Wine Co., Ltd. complies with relevant laws and regulations, and does not harm the interests of the company and its shareholders [8] - The company plans to distribute a cash dividend of 4.0 yuan (including tax) for every 10 shares, with a total share capital of 479,463,409 shares as of December 31, 2024, resulting in a total cash dividend of 188,185,363.60 yuan (including tax) [5][6] - The company has repurchased 9,000,000 shares, which will not participate in the dividend distribution, thus the actual participating shares for the dividend distribution will be 470,463,409 shares [5][6] Group 2 - The repurchase of shares is part of a plan to incentivize employees and will not affect the dividend distribution as the repurchased shares do not have voting rights or profit distribution rights [5][6] - The differentiated dividend distribution is calculated based on the closing price of 14.68 yuan per share on May 8, 2025, leading to an adjusted ex-dividend price of 14.28 yuan per share [6][7] - The impact of the differentiated dividend distribution on the ex-dividend reference price is minimal, estimated at 0.05%, which is less than 1% [7][8]