FCDW(SH:605189) Zheng Quan Zhi Xing·2025-06-18 11:19Core Viewpoint - The legal opinion letter from Tianhe (Shanghai) Law Firm confirms the legality and compliance of Wuhu Fuchun Dyeing and Weaving Co., Ltd.'s differentiated dividend distribution plan for the fiscal year 2024, which is based on the company's share repurchase activities [2][7]. Group 1: Differentiated Dividend Distribution - Wuhu Fuchun Dyeing and Weaving Co., Ltd. plans to implement a differentiated dividend distribution due to the shares repurchased not participating in profit distribution [4][7]. - The company has repurchased 2,067,080 shares as of May 30, 2025, which will not be included in the profit distribution calculations [4][5]. - The proposed dividend distribution includes a cash dividend of 1.80 yuan (before tax) for every 10 shares and a capital reserve increase of 3 shares for every 10 shares held [5][6]. Group 2: Calculation Basis for Dividend Distribution - The total number of shares eligible for distribution is calculated by deducting the repurchased shares from the total share capital, resulting in 147,699,250 shares participating in the distribution [5][6]. - The total cash dividend to be distributed amounts to 26,585,865 yuan (before tax), and the total shares to be increased is 44,309,775 shares, raising the total share capital to 194,076,105 shares [5][6]. - The ex-dividend reference price is calculated based on the previous closing price and the cash dividend, with the actual reference price being 10.50 yuan per share [6]. Group 3: Legal Compliance and Conclusion - The differentiated dividend distribution complies with relevant laws and regulations, including the Company Law and Securities Law, ensuring no harm to the interests of the company and its shareholders [7][8]. - The impact of the differentiated dividend distribution on the ex-dividend reference price is minimal, remaining below 1% [6][7].