Zheng Quan Zhi Xing·2025-07-15 10:15Core Viewpoint - The company is implementing a differentiated dividend distribution plan, which includes a cash dividend of 2.55 RMB per 10 shares, while excluding shares held in the repurchase account from profit distribution [2][4]. Group 1: Reasons for Differentiated Dividend - The company held a board meeting on April 24, 2024, to approve a share repurchase plan, with a total repurchase amount not less than a specified amount per share, aimed at employee stock ownership plans or equity incentives [1]. - The repurchase price cap was adjusted from 23 RMB to 22.76 RMB per share, effective June 14, 2024, with a total of 6,124,910 shares repurchased by April 7, 2025 [1]. Group 2: Dividend Distribution Plan - The company plans to distribute a cash dividend of 2.55 RMB per 10 shares (tax included) to all shareholders, with no capital reserve transfer or bonus shares [2]. - The total share capital is 409,861,106 shares, and after excluding the repurchased shares, the base for calculating the cash dividend is 403,736,196 shares, resulting in a total cash dividend distribution of approximately 102,952,729.98 RMB (tax included) [2]. Group 3: Calculation Basis for Dividend - The profit distribution will be based on the total share capital minus the shares held in the repurchase account as of the equity registration date [2]. - The cash dividend per share is calculated as approximately 0.251 RMB per share, based on the formula provided [3]. Group 4: Impact on Ex-Dividend Price - The ex-dividend reference price is calculated as (previous closing price - cash dividend) / (1 + change in circulating shares ratio), with the circulating shares ratio being 0 due to no changes in circulating shares [3][4]. - The calculated ex-dividend reference price is approximately 17.215 RMB per share, based on the previous closing price of 17.47 RMB [4][5]. Group 5: Verification by Sponsoring Institutions - The sponsoring institutions have verified that the differentiated dividend distribution complies with relevant laws and regulations, and does not harm the interests of the company or its shareholders [5].