Core Viewpoint - The company is planning to issue shares through a simplified procedure to specific investors, which may dilute immediate returns for existing shareholders, and has proposed measures to mitigate this impact [4][6][12]. Group 1: Share Issuance and Financial Impact - The company intends to issue up to 19,900 million yuan in shares, which will increase the total share capital from 90,085,520 shares to 117,111,176 shares [5]. - The projected net profit for 2025 under three scenarios shows a potential decrease in basic earnings per share from 0.94 yuan to as low as 0.75 yuan due to the dilution effect [5][6]. - The company has committed to measures to ensure that the dilution of immediate returns is addressed, including enhancing the management of raised funds and accelerating project implementation [10][12]. Group 2: Shareholder Return Planning - The company has developed a three-year dividend return plan for 2025-2027, focusing on providing stable and reasonable returns to shareholders [13][14]. - The dividend distribution policy emphasizes that cash dividends should not exceed the cumulative distributable profits and must consider the company's operational needs [14][15]. - The company aims to distribute at least 10% of the annual distributable profits as cash dividends, with higher percentages for mature stages without significant capital expenditures [16][17]. Group 3: Previous Fund Utilization - The company reported that all previous fundraising has been fully utilized, with a total of 31,913.03 million yuan raised for various projects, including the construction of a new manufacturing facility [21][22]. - The actual investment in previous projects was 28,625.02 million yuan, with no significant deviations from the planned investment amounts [21][22]. - The company has established a robust management system for fundraising, ensuring compliance with regulations and effective use of funds [20][21].

Core Viewpoint - The legal opinion issued by Shanghai Jintiancheng Law Firm confirms that the differentiated dividend distribution plan proposed by Haierong Cold Chain Co., Ltd. for the year 2024 complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [8]. Group 1: Differentiated Dividend Distribution - The differentiated dividend distribution is based on the company's 2024 annual profit distribution plan, which was approved at the shareholders' meeting [5]. - The total amount for the 2024 profit distribution is set at 210,648,472.65 CNY, with a per-share dividend of 0.50 CNY (including tax) for all shareholders, excluding shares held in the company's repurchase account [5][6]. - The company has completed the repurchase of 4,054,216 shares, accounting for 1.0492% of the total share capital, which will not participate in the profit distribution [5][6]. Group 2: Legal Compliance and Responsibilities - The law firm has conducted thorough verification and confirmed that the documents provided by the company are true, accurate, and complete, and that the legal opinion is based on applicable laws and regulations [2][4]. - The law firm emphasizes that the opinion is strictly for the purpose of the differentiated dividend distribution and cannot be used for any other purposes [4][8]. - The conclusion of the legal opinion states that the differentiated dividend distribution plan adheres to the Company Law, Securities Law, and relevant guidelines, ensuring the protection of shareholder interests [8].

国泰海通证券股份有限公司 关于上海骄成超声波技术股份有限公司 差异化分红事项的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 上海骄成超声波技术股份有限公司（以下简称"骄成超声"或"公司"）首次公 开发行股票并上市持续督导保荐机构，根据《中华人民共和国公司法》《中华人 《上海证券交易所上市公司自律监管指引第 7 号——回购股份》 民共和国证券法》 等相关法律、行政法规、部门规章及其他规范性文件的相关规定，对公司 2024 年度利润分配所涉及的差异化分红（以下简称"本次差异化分红"）相关事项进 行了审慎核查，并出具核查意见如下： 一、本次差异化分红的原因 公司于 2024 年 2 月 4 日召开第一届董事会第二十次会议，审议通过了《关 于以集中竞价交易方式回购公司股份方案的议案》，同意公司使用不低于人民币 股份，回购价格不超过 102.56 元/股，主要用于维护公司价值和股东权益，回购 期限为自公司董事会审议通过本次回购股份方案之日起 3 个月。 公司于 2024 年 7 月 18 日召开第二届董事会第三次会议，审议通过了《关于 以集中竞价交易方式回购公司股份方案的议案》，同意公司 ...

Core Viewpoint - The legal opinion letter from Grandway Law Offices confirms that the differentiated dividend distribution plan of Xinjiang Huijia Times Department Store Co., Ltd. complies with relevant laws and regulations, and it does not harm the interests of the company or its shareholders [1][6]. Group 1: Differentiated Dividend Distribution - The company plans to distribute a cash dividend of 0.05 yuan per share (including tax) to all shareholders based on a total share capital of 465,337,568 shares, resulting in a total cash dividend of approximately 23.27 million yuan [4][5]. - The differentiated dividend distribution is necessitated by the company's share repurchase plan, which prohibits the repurchased shares from participating in profit distribution [4][5]. Group 2: Legal Compliance and Verification - The law firm conducted thorough verification of the facts and documents related to the differentiated dividend distribution, ensuring that all materials are authentic, legal, and complete [2]. - The legal opinion asserts that the differentiated dividend distribution aligns with the Company Law, Securities Law, and relevant regulatory guidelines, confirming its legality and accuracy [2][6]. Group 3: Impact on Stock Price - The impact of the differentiated dividend on the stock's ex-dividend reference price is minimal, estimated to be less than 1% [6]. - The calculation of the ex-dividend reference price considers the cash dividend and the company's total share capital, indicating a slight adjustment due to the dividend distribution [5][6].

Core Viewpoint - The legal opinion letter issued by Jiangxi Qiu Zheng Wo De Law Firm confirms that Jiangxi Lian Chuang Optoelectronics Co., Ltd.'s differentiated dividend distribution for 2024 complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [5]. Group 1: Differentiated Dividend Distribution - The differentiated dividend distribution is necessitated by the company's share repurchase plan, which involves using self-owned or self-raised funds to repurchase shares for cancellation, thus affecting the total share capital [2][3]. - The company plans to distribute cash dividends of 0.54 yuan per 10 shares (including tax) to all shareholders, based on a total share count of 453,401,050 shares after excluding repurchased shares [3][4]. Group 2: Impact on Share Price - The differentiated dividend distribution will not change the number of circulating shares, resulting in a circulation share change ratio of 0, and thus the reference price for ex-dividend will be calculated without affecting the share price significantly [4]. - The calculated ex-dividend reference price is 61.126 yuan per share, indicating that the impact of the share repurchase on the ex-dividend reference price is minimal, remaining below 1% [4]. Group 3: Legal Compliance - The legal opinion asserts that the differentiated dividend distribution adheres to the Company Law, Securities Law, and other relevant regulations, confirming that it does not harm the interests of the company or its shareholders [5].

国浩律师（上海）事务所 关于东方证券股份有限公司 致：东方证券股份有限公司 （以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股份回购 规则》（以下简称"《回购规则》"）、《上海证券交易所上市公司自律监管指 引第 7 号——回购股份》（以下简称"《监管指引第 7 号》"）、《上海证券交 易所股票上市规则》（以下简称"《上市规则》"）、《上海证券交易所交易规 则》（以下简称"《交易规则》"）等法律、法规和规范性文件以及《东方证券 股份有限公司章程》（以下简称"《公司章程》"）的规定，就公司 2024 年度 利润分配所涉及的差异化权益分派特殊除权除息处理（以下简称"2024 年度差 异化分红"或"本次差异化分红"）相关事项出具本法律意见书。 按照律师行业公认的业务标准、道德规范和勤勉尽责的精神，本所律师依据 本法律意见书出具日以前已发生或存在的事实和现行法律、法规和规范性文件的 规定以及《公司章程》的有关规定发表法律意见，并声明如下： 据《公司法》《证券法》《回购规则》《监管指引第 7 号》《上市规则》《交易 规则》等相关法律、法规及规范性文件的规定及本法律意见书出具日前 ...

华林证券股份有限公司 关于海程邦达供应链管理股份有限公司 差异化分红事项的核查意见 华林证券股份有限公司（以下简称"华林证券"、"保荐机构"）作为海程邦达 供应链管理股份有限公司（以下简称"海程邦达"、"公司"）首次公开发行股 票并上市的保荐机构，根据《中华人民共和国公司法》《中华人民共和国证券法》 《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关法律、法 规和规范性文件的规定，对海程邦达 2024 年度利润分配所涉及的差异化分红事 项进行了核查，具体情况如下： 一、本次差异化分红的原因 于以集中竞价交易方式回购公司股份方案的议案》，同意公司以自有资金通过集 中竞价交易方式回购部分公司股份，回购资金总额不低于人民币 5,000 万元（含） 且不超过人民币 10,000 万元（含），回购价格不超过人民币 22.00 元/股（含）， 回购期限为自董事会审议通过回购股份方案之日起 12 个月内，本次回购的股份 将用于后续实施股权激励或员工持股计划。因公司实施 2022 年年度权益分派， 自 2023 年 7 月 13 日起，公司股份回购价格上限由不超过人民币 22.00 元/股（含） 调整为不超过 ...

邮编：100033 北京市天元律师事务所 关于北京海天瑞声科技股份有限公司 差异化分红事项的专项说明 北京市天元律师事务所 中国北京市西城区金融大街 35 号 国际企业大厦 A 座 509 单元 北京市天元律师事务所 关于北京海天瑞声科技股份有限公司 差异化分红事项的专项说明 京天股字（2025）第 386 号 致：北京海天瑞声科技股份有限公司 北京市天元律师事务所（以下简称"本所"）接受北京海天瑞声科技股份有 限公司（以下简称"公司"或"海天瑞声"）委托，根据《中华人民共和国公司 法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证 券法》"）、《上海证券交易所上市公司自律监管指引第 7 号—回购股份》（以 下简称"《自律监管指引第 7 号》"）等法律法规以及《北京海天瑞声科技股份 有限公司章程》（以下简称"《公司章程》"）的规定，就公司 2024 年度利润 分配所涉及的差异化分红（以下简称"本次差异化分红"）相关事项出具本专项 说明。 本所及经办律师依据《证券法》《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则（试行）》等规定及本法律意见出具之日 以前已经发生 ...

Core Viewpoint - The Qinghai Securities Regulatory Bureau is establishing a regular on-site visit mechanism to promote the high-quality development of listed companies through effective communication among financial regulatory departments, local governments, and listed companies [1][7]. Group 1: On-site Visits and Research - Since the initiation of the new round of on-site visits, the Qinghai Securities Regulatory Bureau has achieved a coverage rate of 70% of listed companies in the region through close communication with local governments and coordinated efforts with various departments [2][3]. - The bureau emphasizes integrating regulation with service, actively introducing the capital market's "1+N" policy system, and encouraging eligible companies to utilize capital market financing tools [3][4]. Group 2: Problem Solving and Support - The bureau has implemented multiple measures to address challenges faced by companies, including regulatory reminders, corporate governance improvements, and support for investor returns [4][5]. - Specific cases include assisting a mining company with tax risk issues related to production capacity discrepancies and facilitating a financial promotion meeting for another company, which successfully issued a 1 billion yuan bond [6]. Group 3: Promoting Consensus and Development - The high-quality development of listed companies relies on effective management, internal controls, and support from national policies and local governments [7]. - The bureau aims to deepen collaboration with the securities exchange and local governments to address actual difficulties faced by companies, thereby supporting the high-quality development of the local economy [7][13].

Core Viewpoint - The legal opinion issued by Jindu Law Firm confirms that the differentiated dividend distribution plan proposed by Jinan Hengyu Environmental Technology Co., Ltd. complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [4][5][6]. Group 1: Differentiated Dividend Application - The reason for the differentiated dividend application is based on the company's share repurchase plan, which was approved by the board on April 26, 2022, with a repurchase amount between RMB 10 million and RMB 20 million [4]. - As of May 31, 2025, the total number of shares is 80,010,733, with 609,464 shares repurchased, leading to a discrepancy in the total shares eligible for profit distribution [4][5]. Group 2: Differentiated Dividend Plan - The proposed dividend distribution plan for 2024 includes a cash dividend of RMB 0.88 per 10 shares (tax included), calculated based on the total shares minus the repurchased shares [4][5]. - The total cash dividend to be distributed amounts to RMB 6,987,311.67 (tax included) [4]. Group 3: Calculation of Dividend Indicators - The actual participating share count for the dividend distribution is 79,401,269 shares after excluding the repurchased shares [5]. - The reference price for ex-dividend is calculated as (previous closing price - cash dividend) / (1 + change in circulating shares ratio), with the calculated reference price being approximately RMB 16.6727 per share [5]. - The impact of the differentiated dividend on the reference price is minimal, calculated at approximately 0.0042% [5]. Group 4: Conclusion - The legal opinion concludes that the differentiated dividend distribution plan adheres to the Company Law, Securities Law, Repurchase Rules, and Regulatory Guidelines, ensuring no detriment to the company or its shareholders [4][5].