Core Viewpoint - The legal opinion letter issued by Beijing Zhonglun Law Firm confirms that Shanghai Port Construction (Group) Co., Ltd.'s differentiated equity distribution plan for the 2024 profit distribution complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [8][9]. Group 1: Differentiated Equity Distribution Plan - The company plans to distribute a cash dividend of 1.14 yuan (including tax) for every 10 shares held, based on the total share capital minus the shares held in the repurchase account [5][6]. - The total number of shares eligible for the distribution is 244,584,809 shares after excluding 32 shares held in the repurchase account [5][6]. - The total cash dividend to be distributed amounts to approximately 27.88 million yuan [6]. Group 2: Legal Compliance and Verification - The legal opinion is based on thorough verification of documents and facts related to the differentiated equity distribution, adhering to the principles of prudence and materiality [2][4]. - The opinion confirms that the distribution plan aligns with the Company Law, Securities Law, and other relevant regulations, ensuring the legality and accuracy of the conclusions drawn [8][9]. - The impact of the repurchased shares on the ex-dividend price is negligible, with an absolute value impact of less than 1% [7][8].

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].

Group 1 - The company approved a share repurchase plan using its own funds, with a total amount not less than RMB 10 million and not exceeding RMB 20 million, at a price not exceeding RMB 34.40 per share [1] - The company completed the repurchase of 500,000 shares, which are held in a special account and do not have rights to dividends or voting [1] - The company plans to distribute cash dividends of RMB 3.50 per 10 shares to all shareholders, totaling approximately RMB 50.58 million based on the current share capital [2][3] Group 2 - The total share capital decreased from 145,008,870 shares to 143,769,462 shares due to the cancellation of restricted stock and conversion of convertible bonds [3] - The company will calculate the ex-dividend reference price based on the formula provided, with the cash dividend impacting the price by 0.00% [4][5] - The differentiated distribution plan complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [5]

Core Viewpoint - The legal opinion letter issued by Beijing Zhonglun (Shenzhen) Law Firm confirms that the differentiated equity distribution plan of Shenzhen Geleisi Apparel Co., Ltd. complies with relevant laws and regulations, ensuring no harm to the company and its shareholders [7][8]. Group 1: Differentiated Equity Distribution - The differentiated equity distribution is based on the decision made during the 13th temporary meeting of the fourth board of directors on April 29, 2022, which approved a share repurchase plan to use self-owned funds for repurchasing public shares for employee stock ownership plans or equity incentives [4]. - As of the date of the legal opinion, the company has repurchased 5,359,645 shares, which will not participate in profit distribution for the 2024 fiscal year [4][5]. - The total share capital for profit distribution is 369,092,878 shares, from which the repurchased shares are deducted, resulting in a base of 363,733,233 shares for the cash dividend distribution of 0.05000 yuan per share, totaling 18,186,661.65 yuan [4][5]. Group 2: Calculation Basis for Distribution - The calculation for the ex-rights and ex-dividend reference price is based on the formula: Ex-rights (dividend) reference price = (Previous closing price - Cash dividend) ÷ (1 + Change in circulating shares ratio) [5]. - The virtual cash dividend is calculated as (Total shares participating in distribution × Actual cash dividend per share) ÷ Total share capital, resulting in approximately 0.04927 yuan per share [5][6]. - The impact on the ex-rights and ex-dividend reference price is minimal, with the calculated reference price being 7.55073 yuan per share after adjustments [6].

Core Viewpoint - The company, Beijing Yinghantong Network Technology Co., Ltd., is implementing a differentiated profit distribution plan due to the repurchase of shares, which will not participate in the profit distribution [1][2][5] Group 1: Reasons for Differentiated Profit Distribution - The company has approved a share repurchase plan, agreeing to use the repurchased shares to reduce registered capital and cancel them [1] - The repurchase price was initially set at a maximum of RMB 38 per share, later adjusted to RMB 65.04 per share [2] - As of June 17, 2025, the company had repurchased a total of 299,981 shares, which will not be entitled to profit distribution [2][3] Group 2: Differentiated Profit Distribution Plan - The company plans to distribute a cash dividend of RMB 2.0 per 10 shares (tax included) to all shareholders, based on the total share capital minus the repurchased shares [2][3] - The total share capital as of March 31, 2025, was 73,851,842 shares, with 138,598 shares in the repurchase account, resulting in 73,713,244 shares eligible for distribution [2][3] - The total cash dividend to be distributed amounts to RMB 14,742,648.80 (tax included) [2] Group 3: Impact on Ex-Dividend Price - The ex-dividend reference price is calculated based on the formula: (previous closing price - cash dividend) / (1 + change in circulating shares ratio) [4] - The actual ex-dividend reference price, based on the closing price of RMB 46.80 per share, is approximately RMB 46.59956 per share [4] - The impact of the differentiated profit distribution on the ex-dividend reference price is minimal, with an absolute value change of less than 1% [4][5] Group 4: Compliance and Verification - The differentiated profit distribution complies with relevant regulations, including the Securities Issuance and Listing Sponsorship Business Management Measures and the Shanghai Stock Exchange's self-regulatory guidelines [5] - The sponsoring institution has no objections to the company's differentiated profit distribution plan, confirming it does not harm the interests of the company or its shareholders [5]

Group 1 - The legal opinion is issued regarding the differentiated equity distribution related to Beijing JianKai Technology Co., Ltd.'s 2024 annual profit distribution [1][2] - The company plans to distribute a cash dividend of 1.50 RMB (including tax) for every 10 shares, with a total of 60,650,700 shares, excluding 147,914 shares held in the repurchase account [4][5] - The total cash dividend to be distributed amounts to approximately 9,075,417.90 RMB (including tax) [4][5] Group 2 - The differentiated equity distribution is based on the total share capital minus the shares in the repurchase account, resulting in 60,502,786 shares eligible for profit distribution [5][6] - The reference price for ex-rights and ex-dividends is calculated based on the previous closing price and the cash dividend, with minimal impact on the share price [6] - The legal opinion concludes that the differentiated equity distribution complies with relevant laws and regulations, ensuring no harm to the company or shareholders [7]

Core Viewpoint - The company, Shanghai Sinan Navigation Technology Co., Ltd., is implementing a differentiated profit distribution plan for the fiscal year 2024, which includes a share buyback and specific cash dividends for shareholders [1][2][4]. Group 1: Reasons for Differentiated Profit Distribution - The company has approved a share buyback plan with a total fund not less than RMB 75 million and not exceeding RMB 75 million, with a buyback period of 12 months from the board's approval date [1]. - As of May 30, 2025, the company has completed the buyback of 1,157,954 shares, which will not participate in profit distribution, leading to a differentiated dividend distribution for 2024 [1][2]. Group 2: Details of the Differentiated Profit Distribution Plan - The company plans to distribute a cash dividend of RMB 1.20 per 10 shares and to increase capital by converting 3 shares for every 10 shares held, without issuing additional shares [2]. - As of June 10, 2025, the total share capital is 62,160,000 shares, with 1,157,954 shares in the buyback account excluded from the profit distribution, resulting in a distribution base of 61,002,046 shares and a total cash dividend of RMB 7,320,245.52 (including tax) [2][3]. Group 3: Calculation Basis for Differentiated Profit Distribution - The differentiated profit distribution is based on the principle that shares in the buyback account do not participate in the distribution [2]. - The reference price for ex-dividend is calculated based on the closing price of RMB 44.47 per share, with the cash dividend and capital increase affecting the total share capital, which will increase to 80,460,614 shares after the distribution [3][4]. Group 4: Sponsor Institution's Verification Opinion - The sponsor institution, Minsheng Securities, has verified that the differentiated profit distribution plan complies with relevant laws and regulations, ensuring no harm to the interests of the company and all shareholders [4].

Core Viewpoint - The company has proposed a differentiated profit distribution plan, which includes a cash dividend of 10.00 yuan per 10 shares, and will not issue bonus shares or convert capital reserves into share capital [1][6]. Group 1: Profit Distribution Plan - The company plans to distribute a cash dividend of 10.00 yuan per 10 shares to all shareholders, based on the total share capital minus the shares held in the repurchase account [1][3]. - The total amount of cash dividends to be distributed is approximately 84,147,013 yuan, calculated based on the actual participating share capital [3][6]. Group 2: Share Repurchase and Impact - The company has approved a share repurchase plan using excess funds, with a total repurchase amount between 25 million yuan and 50 million yuan, at a price not exceeding 45 yuan per share [4][5]. - The repurchased shares will not participate in the profit distribution, which is a key reason for the differentiated profit distribution [5][6]. Group 3: Special Ex-Dividend Treatment - The company has applied for special ex-dividend treatment due to the repurchased shares not participating in the distribution, ensuring compliance with relevant regulations [6]. - The impact of the differentiated profit distribution on the ex-dividend reference price is minimal, with an absolute value impact of less than 1% [6]. Group 4: Regulatory Compliance - The company’s differentiated profit distribution plan complies with the Company Law, Securities Law, and relevant regulations of the Shanghai Stock Exchange, ensuring no harm to the interests of the company and its shareholders [6].

Core Viewpoint - The company, Arctech Solar Technology Co., Ltd., is implementing a differentiated dividend distribution plan due to its share repurchase program, which will affect the total number of shares eligible for profit distribution [1][2][3]. Group 1: Reasons for Differentiated Dividend Distribution - The company has approved a share repurchase plan with a total fund of no less than RMB 5 billion and no more than RMB 10 billion, with a maximum repurchase price of RMB 21.42 per share [1]. - The total share capital of the company is 3,688,217,324 shares, with 79,014,600 shares in the repurchase account, resulting in 3,609,202,724 shares eligible for distribution [2]. Group 2: Differentiated Dividend Distribution Plan - The company plans to distribute a cash dividend of RMB 337,135,626.45 (including tax) based on the adjusted total shares after excluding the repurchased shares [2]. - The total amount for cash dividends and share repurchase is RMB 903,338,047.92, which accounts for 40.20% of the net profit attributable to shareholders for 2024 [2]. Group 3: Special Ex-Dividend Treatment Application - The number of shares in the repurchase account increased to 86,612,200, affecting the actual distribution amount, which is calculated to be RMB 336,425,934.63 (including tax) [3]. - The reference price for ex-dividend is calculated based on the previous closing price minus the cash dividend, with no change in circulating shares [3]. Group 4: Compliance with Regulations - The differentiated dividend distribution complies with regulations that state repurchased shares do not participate in profit distribution [5]. - The impact of the differentiated dividend distribution on the reference price is less than 1%, confirming compliance with regulatory requirements [5]. Group 5: Sponsor's Verification Opinion - The sponsor institution has no objections to the company's differentiated dividend distribution and special ex-dividend treatment, affirming adherence to relevant laws and regulations [6].

浙商证券股份有限公司 关于浙江华海药业股份有限公司 差异化权益分派事项的核查意见 浙商证券股份有限公司（以下简称"保荐机构"）作为浙江华海药业股份有 限公司（以下简称"华海药业"或"公司"）向特定对象发行股票的保荐机构， 根据《中华人民共和国公司法》 《中华人民共和国证券法》 《上海证券交易所股票 上市规则》《上海证券交易所上市公司自律监管指引第7号——回购股份》《上海 证券交易所上市公司自律监管指南第2号——业务办理》之第五号《权益分派》 等规定，对华海药业本次差异化权益分派相关事项进行了审慎核查，并出具核查 意见如下： 一、本次差异化权益分派方案 公司分别于 2025 年 4 月 28 日、2025 年 5 月 23 日召开了第八届董事会第三 次会议、2024 年年度股东大会，会议审议通过《公司 2024 年度利润分配方案》 具体内容为："以实施权益分派股权登记日登记的总股本扣除公司回购专用证券 账户股份数后的股本为基数，向全体股东每 10 股派送现金红利 2.5 元（含税）。 公司通过回购专用证券账户所持有的本公司股份不参与本次利润分配。如在实施 权益分派股权登记日期前，因可转债转股、回购股份注销等致使 ...