Zheng Quan Zhi Xing·2025-06-02 08:37Core Viewpoint - The company is implementing a differentiated dividend distribution plan for the fiscal year 2024, which is influenced by its share repurchase program and aims to enhance shareholder value while adhering to regulatory requirements [1][5][6]. Group 1: Reasons for Differentiated Dividend - The company approved a share repurchase plan on October 26, 2023, and November 14, 2023, allowing for the buyback of shares at a price not exceeding RMB 46.50 per share, with a total repurchase fund between RMB 50 million and RMB 100 million [1][2]. - Shares bought back will not participate in profit distribution, leading to a differentiated equity distribution for the 2024 fiscal year [2][5]. Group 2: Differentiated Dividend Plan - The company’s total share capital as of April 29, 2025, is 135,327,698 shares, with 2,844,565 shares in the repurchase account, resulting in 132,483,133 shares eligible for distribution [4][5]. - The cash dividend for the 2024 fiscal year is set at RMB 3.50 per 10 shares, totaling RMB 155,665,218.82, which represents 62.20% of the net profit attributable to shareholders [3][4]. Group 3: Calculation Basis for Differentiated Dividend - The actual cash dividend per share is calculated at RMB 0.25 based on the closing price of RMB 46.68 per share on May 19, 2025 [5][6]. - The impact of the differentiated dividend on the ex-dividend reference price is minimal, calculated to be less than 1% [6]. Group 4: Compliance and Verification - The differentiated dividend distribution complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [6][7].