Core Viewpoint - Baoxin Technology's planned acquisition is facing challenges as the deal has been unilaterally terminated by the counterparty, Jiangsu Yingsu, due to unresolved issues and lack of payment [3][4][10]. Group 1: Acquisition Details - Baoxin Technology's subsidiary, Zhejiang Yingsu, intended to acquire 40% of Yingsu Integrated Circuit Equipment Co., Ltd. for 320 million yuan, but the deal was halted by Jiangsu Yingsu [3][5]. - The acquisition funds were supposed to come from the registered capital of Zhejiang Yingsu, which was established with a total capital of 320 million yuan, contributed by Baoxin Technology and its partners [5][6]. - The acquisition process required multiple payments, starting with an initial payment of 30 million yuan within 10 working days of the agreement's effectiveness [8][9]. Group 2: Financial Context - Baoxin Technology has been experiencing financial difficulties, with revenues declining from 684 million yuan in 2022 to 336 million yuan in 2024, and net profits showing significant losses [11]. - The company reported a net profit of -193 million yuan in 2023 and -767 million yuan in 2024, indicating a severe downturn in profitability [11]. Group 3: Stakeholder Dynamics - The actual controller of both Zhejiang Yingsu and Jiangsu Yingsu, Fu Zhiwei, has not prepared the necessary funds for the acquisition, leading to complications in the transaction [6][7]. - The delay in payment and the subsequent termination of the deal raise concerns about the operational and financial stability of Zhejiang Yingsu, as the registered capital was intended for business operations and investments [7][10].

Core Viewpoint - The company, Hefei Chip Microelectronics Equipment Co., Ltd., has announced a differentiated cash dividend distribution plan, proposing a cash dividend of 0.37 RMB per share for its shareholders [1][2]. Dividend Distribution Plan - The total share capital of the company is 131,740,716 shares, with 477,322 shares in the repurchase account excluded, resulting in a base of 131,263,394 shares for the cash dividend calculation [2]. - The total cash dividend to be distributed amounts to approximately 48,567,455.78 RMB (including tax) [2]. - The cash dividend will not involve capital reserve conversion to share capital or stock dividends [1][2]. Ex-Dividend Dates - The relevant dates for the dividend distribution include the record date, ex-dividend date, and cash dividend payment date [3]. Implementation of Distribution - Cash dividends for shareholders will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, based on the record date [3]. - Shares in the company's repurchase account will not participate in the profit distribution [3]. Taxation on Dividends - For individual shareholders holding shares for over one year, the dividend income is exempt from personal income tax, with a cash dividend of 0.37 RMB per share [4]. - For shares held for less than one year, the company will not withhold personal income tax at the time of distribution, but tax will be calculated and withheld upon the transfer of shares [4][5]. - For Qualified Foreign Institutional Investors (QFIIs), a 10% corporate income tax will be withheld, resulting in a net cash dividend of 0.333 RMB per share [5][6]. Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the company's securities department at 0551-63826207 [6].