RSIT(SH:688215) Zheng Quan Zhi Xing·2025-07-04 16:22Core Viewpoint - The legal opinion letter addresses the differentiated equity distribution and special ex-rights and ex-dividend matters related to Zhejiang Ruisheng Intelligent Technology Co., Ltd.'s 2024 profit distribution and capital reserve transfer to increase share capital [1][11]. Group 1: Reasons for Differentiated Equity Distribution - The company held its second extraordinary general meeting on October 8, 2024, where it approved a share repurchase plan, intending to use its own funds to repurchase shares through centralized bidding, with a total repurchase amount not less than RMB 10 million and not exceeding RMB 20 million [4][5]. - The repurchased shares will be used for employee stock ownership plans or equity incentive plans, and the repurchase price will not exceed RMB 24.12 per share [5][7]. Group 2: Specific Plan for Differentiated Equity Distribution - The company plans to distribute a cash dividend of RMB 1 per 10 shares (including tax) and to increase capital by 2 shares for every 10 shares held, with the total number of shares participating in the distribution adjusted based on the shares held in the repurchase account [7][8]. - As of April 24, 2025, the total share capital is 52,052,000 shares, with 195,000 shares held in the repurchase account, resulting in 51,857,000 shares eligible for distribution [8]. Group 3: Impact on Ex-rights and Ex-dividend Reference Price - The adjusted cash dividend per share is calculated to be approximately RMB 0.10032 (including tax), and the adjusted transfer ratio is approximately 0.20064 [8][10]. - The reference price for ex-rights and ex-dividend is calculated based on the previous closing price and the adjusted cash dividend, resulting in an actual reference price of approximately RMB 29.1092 per share [9][10]. Group 4: Conclusion - The legal opinion concludes that the differentiated equity distribution complies with relevant laws and regulations, and the impact on the reference price for ex-rights and ex-dividend is minimal, not harming the interests of the company and all shareholders [11].