XfmGroup(SH:603225) Zheng Quan Zhi Xing·2025-07-04 16:35Core Viewpoint - The company is implementing a differentiated dividend distribution plan for the fiscal year 2024, which includes a cash dividend of RMB 0.225 per share, while shares repurchased will not participate in profit distribution [5][7]. Group 1: Reasons for Differentiated Dividend - The company plans to repurchase shares using its own funds, with a budget between RMB 150 million and RMB 300 million, specifically for an employee stock ownership plan [1]. - The repurchase period is set from March 7, 2022, to March 6, 2023, during which the company repurchased a total of 18,381,291 shares [1]. - A subsequent resolution increased the repurchase budget to between RMB 250 million and RMB 500 million, with a total of 23,980,100 shares repurchased by January 30, 2025 [2]. Group 2: Dividend Distribution Plan - The company intends to distribute a cash dividend of RMB 0.225 per share to all shareholders, with no stock dividends or capital reserve transfers planned for the year [5]. - As of June 17, 2025, the total share capital is 1,524,654,505 shares, and after excluding the repurchased shares, the actual shares participating in the distribution amount to 1,495,286,114 shares [5][6]. Group 3: Calculation Basis for Dividend - The dividend distribution will be based on the total share capital excluding repurchased shares, with the calculation of the ex-dividend reference price showing minimal impact from the repurchased shares [6]. - The calculated ex-dividend reference price is RMB 10.3150 per share, with a negligible impact of less than 1% from the repurchased shares on the reference price [6]. Group 4: Verification Opinion - The underwriting institution, Shenwan Hongyuan, confirms that the differentiated dividend distribution complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [7].