Zheng Quan Zhi Xing·2025-07-02 16:24Core Viewpoint - The company, Shanghai Nanchip Semiconductor Technology Co., Ltd., is implementing a differentiated dividend distribution plan for the fiscal year 2024, which involves cash dividends and excludes shares repurchased by the company from participating in the profit distribution [1][2]. Group 1: Reasons for Differentiated Dividend Distribution - The company has approved a share repurchase plan, allocating between RMB 50 million and RMB 100 million to buy back shares at a maximum price of RMB 44 per share, intended for future employee stock ownership plans [1]. - The total number of shares repurchased as of the date of the verification opinion is 1,752,889 shares, which will not participate in the profit distribution [2]. Group 2: Details of the Differentiated Dividend Plan - The company plans to distribute a cash dividend of RMB 0.20 per share (tax included) to all shareholders based on the total share capital minus the shares held in the repurchase account [2]. - The total share capital as of the verification date is 425,702,911 shares, and after excluding the repurchased shares, the actual shares participating in the distribution amount to 423,950,022 shares [2]. Group 3: Calculation Basis for Dividend Distribution - The reference price for ex-dividend trading is calculated using the formula: (previous closing price - cash dividend) ÷ (1 + change in circulating shares ratio) [3]. - Since there is no change in circulating shares due to the differentiated dividend, the change in circulating shares ratio is 0, leading to a calculated ex-dividend reference price of approximately RMB 35.8200 per share based on a previous closing price of RMB 36.02 [3][4]. Group 4: Verification Opinion from the Sponsor Institution - The sponsor institution, CITIC Securities, confirms that the differentiated dividend distribution complies with relevant laws and regulations, and does not harm the interests of the company or its shareholders [5].