WHEE(SH:600475) Zheng Quan Zhi Xing·2025-07-09 16:24Core Viewpoint - The legal opinion issued by Shanghai Guangfa Law Firm confirms that Wuxi Huaguang Environmental Energy Group Co., Ltd.'s differentiated dividend distribution plan for 2024 complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [3][7]. Group 1: Differentiated Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.35 per share (including tax) based on the total share capital as of the dividend distribution date, excluding shares held in the repurchase account [3][5]. - As of the application date, the total share capital is 955,965,729 shares, with 9,991,050 shares in the repurchase account, resulting in 945,974,679 shares eligible for profit distribution [5][6]. - The company has accumulated a retained profit of RMB 2,241,977,693.61 as of December 31, 2024, which supports the proposed cash dividend distribution [3][4]. Group 2: Legal Compliance and Verification - The law firm conducted necessary verifications and confirmed that the documents and statements provided by the company are complete, true, and effective [2][3]. - The differentiated dividend distribution plan was approved during the company's board meeting on April 15, 2025, and is in accordance with the Company Law, Securities Law, and relevant self-regulatory guidelines [3][7]. - The law firm assumes legal responsibility for the accuracy and completeness of the legal opinion provided [2][3]. Group 3: Impact on Share Price - The reference price for ex-dividend trading is calculated based on the previous closing price adjusted for the cash dividend, with minimal impact on the share price due to the repurchase account shares not participating in the dividend [6][7]. - The calculated ex-dividend reference price is approximately RMB 10.31 per share, indicating a negligible impact of less than 1% on the share price due to the differentiated dividend distribution [6][7].