Worldia(SH:688028) Zheng Quan Zhi Xing·2025-06-10 10:51Core Viewpoint - The legal opinion letter from Beijing Jincheng Tongda Law Firm confirms that the differentiated equity distribution plan of Beijing World Diamond Tools Co., Ltd. complies with relevant laws and regulations, ensuring that the interests of the company and its shareholders are not harmed [1][8]. Group 1: Reasons for Differentiated Equity Distribution - The company plans to repurchase shares using its own funds through centralized bidding on the Shanghai Stock Exchange, with a total repurchase amount between RMB 10 million and RMB 20 million, and a maximum repurchase price of RMB 23 per share [4][5]. - Due to the implementation of the 2024 semi-annual equity distribution, the maximum repurchase price has been adjusted to RMB 22.88 per share, and as of May 26, 2025, the company has repurchased a total of 902,828 shares [5][6]. - The shares held in the repurchase account do not participate in profit distribution, resulting in a need for differentiated equity distribution due to discrepancies between total share capital and the number of shares eligible for distribution [5][6]. Group 2: Specific Plan for Differentiated Equity Distribution - The company proposes to distribute a cash dividend of RMB 2.2 per 10 shares (including tax) to all shareholders, without capital reserve transfers or stock bonuses, with undistributed profits carried forward to the next year [6][7]. - The actual cash dividend per share is calculated to be RMB 0.22 (including tax), and the total number of shares participating in the distribution is 151,095,000 shares [6][7]. Group 3: Impact on Ex-Dividend Price - The reference price for ex-dividend is calculated as RMB 21.09 per share based on actual distribution, with no change in circulating shares [7]. - The virtual distribution cash dividend is approximately RMB 0.21869 per share, leading to a negligible impact on the ex-dividend reference price, which is calculated to be RMB 21.09131 per share [7]. - The absolute impact of the differentiated equity distribution on the ex-dividend reference price is less than 1%, complying with regulatory requirements [7][8].