Zheng Quan Zhi Xing·2025-07-09 16:24Core Viewpoint - The legal opinion issued by Jincheng Tongda & Neal Law Firm confirms that Great Wall Motor Company Limited's differentiated dividend distribution plan for the 2024 fiscal year complies with relevant laws and regulations, ensuring no harm to the interests of the company or its shareholders [2][5]. Group 1: Differentiated Dividend Distribution - Great Wall Motor plans to distribute a cash dividend of RMB 0.45 per share to all shareholders, excluding shares held in the company's repurchase account, which totals 418,643 shares as of June 18, 2025 [3][4]. - The total number of A-shares before the dividend distribution is 6,240,169,933 shares, and the repurchase account shares will not participate in the profit distribution [4][5]. Group 2: Legal Compliance and Verification - The law firm conducted thorough verification of the authenticity, accuracy, and completeness of the documents provided by Great Wall Motor, ensuring that the legal opinion does not contain any false records or misleading statements [3][5]. - The differentiated dividend distribution plan adheres to the Company Law, Securities Law, and the guidelines for share repurchase, confirming its legality [5]. Group 3: Impact on Share Price - The reference price for ex-dividend trading is calculated to be approximately RMB 20.81 per share, with the impact of the differentiated dividend distribution on the reference price being less than 1%, indicating minimal effect [5].