Luenmei Quantum (SH:600167) Zheng Quan Zhi Xing·2025-06-09 10:23Core Viewpoint - The legal opinion from Beijing Deheng Law Firm confirms that the differentiated equity distribution and special ex-rights and ex-dividend treatment for Lianmei Quantum Co., Ltd. complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [4]. Group 1: Reasons for Differentiated Equity Distribution - The company held its eighth board meeting on November 16, 2023, and approved a share repurchase plan, having repurchased 38,309,470 shares by September 13, 2024 [2][3]. - Shares in the repurchase account do not participate in profit distribution, leading to a discrepancy between the total share capital and the actual shares participating in the 2024 profit distribution [3]. Group 2: Differentiated Equity Distribution Plan - The company plans to distribute a cash dividend of 2.00 yuan (including tax) for every 10 shares based on the total share capital minus the shares in the repurchase account, as approved in the 2024 annual shareholders' meeting on May 23, 2025 [3][4]. Group 3: Calculation Basis for Differentiated Equity Distribution - The ex-rights and ex-dividend reference price is calculated based on the previous closing price minus the cash dividend, adjusted for the change in circulating shares [4]. - The virtual cash dividend per share is calculated to be approximately 0.1966 yuan, resulting in a minimal impact on the ex-rights and ex-dividend reference price, less than 1% [4]. Group 4: Conclusion Opinion - The legal opinion concludes that the differentiated equity distribution aligns with the Company Law, Securities Law, and relevant regulations, with no detriment to the company or its shareholders [4].