Zheng Quan Zhi Xing·2025-07-10 16:09Group 1 - The core point of the article is the differentiated equity distribution plan proposed by Shenyang Fuchuang Precision Equipment Co., Ltd., which involves a share buyback using excess funds and a cash dividend distribution to shareholders [1][2][5] - The company plans to repurchase shares at a price not exceeding RMB 120 per share, with a total repurchase amount between RMB 140 million and RMB 280 million within 12 months from the board's approval [1][2] - As of June 27, 2025, the company holds 1,666,183 shares in its repurchase account, which does not participate in profit distribution or capital reserve conversion [2][5] Group 2 - The company has approved a cash dividend of RMB 1.50 per 10 shares (including tax) for the fiscal year 2024, based on the total share capital minus the shares held in the repurchase account [2][3] - The calculation for the ex-dividend reference price is based on the formula that considers the previous closing price and the cash dividend, ensuring that the impact of the differentiated equity distribution on the reference price is less than 1% [3][4] - The actual ex-dividend reference price calculated is approximately RMB 52.1500 per share, with a negligible impact from the differentiated equity distribution [4][5] Group 3 - The sponsor, CITIC Securities, has verified that the differentiated equity distribution complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [5]