京源环保: 北京德恒（深圳）律师事务所关于公司2024年差异化权益分派的法律意见

Core Viewpoint - The legal opinion from Beijing Deheng (Shenzhen) Law Firm confirms that Jiangsu Jingyuan Environmental Protection Co., Ltd.'s differentiated equity distribution plan for 2024 complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [1][8]. Group 1: Reasons for Differentiated Equity Distribution - The differentiated equity distribution is based on the resolution passed at the company's 2024 annual general meeting, which approved the profit distribution and capital reserve transfer plan [3][4]. - The company plans to distribute a cash dividend of 1.5 yuan (including tax) for every 10 shares and to increase capital by 4 shares for every 10 shares held [4][5]. Group 2: Distribution Plan Details - As of June 19, 2025, the total share capital of the company is 165,897,886 shares, with 2,289,038 shares held in the repurchase account, which will not participate in the profit distribution [4][5]. - The total cash dividend amount for the year is 24,541,327.2 yuan (including tax), and the total amount for cash dividends and repurchase is 37,539,128.66 yuan (including tax) [5]. Group 3: Calculation Basis for Distribution - The calculation for the ex-rights and ex-dividend reference price is based on the formula: (previous closing price - cash dividend) / (1 + change in circulating shares ratio) [6]. - The actual cash dividend per share is calculated to be 0.15 yuan, leading to an ex-rights and ex-dividend reference price of 11.3286 yuan per share [6][8]. Group 4: Compliance and Impact - The differentiated equity distribution does not include shares repurchased into the special account, and the impact on the ex-rights and ex-dividend reference price is less than 1% [8]. - The legal opinion concludes that the differentiated dividend distribution adheres to the Company Law, Securities Law, and other relevant regulations, ensuring no detriment to the company or its shareholders [8].