Kehua Holdings(SH:603161) Zheng Quan Zhi Xing·2025-07-07 11:19Core Viewpoint - The legal opinion letter from Shanghai Shangzheng Hengtai Law Firm confirms that Kewah Holdings Co., Ltd.'s differentiated equity distribution plan for the 2024 profit distribution complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [2][6][7]. Group 1: Differentiated Equity Distribution - Kewah Holdings plans to implement a differentiated equity distribution for its 2024 profit distribution, proposing a cash dividend of RMB 0.167 per share (including tax) without issuing new shares or capital reserve transfers [5][6]. - The total number of shares for the distribution will be calculated based on the total share capital minus the shares held in the company's repurchase account [5][6]. - The company has completed a share repurchase of 1,346,205 shares, accounting for 1.01% of the total share capital, and plans to repurchase additional shares within a specified financial range [4][5]. Group 2: Legal Compliance and Calculations - The legal opinion asserts that the differentiated equity distribution adheres to the Company Law, Securities Law, and other relevant regulations, ensuring the legality and accuracy of the distribution process [7][8]. - The calculation for the ex-rights and ex-dividend price is based on the previous closing price minus the cash dividend, with the flow of shares remaining unchanged, resulting in a minimal impact on the reference price [6][7]. - The calculated impact of the differentiated equity distribution on the ex-rights and ex-dividend reference price is less than 1%, indicating a negligible effect [7].