Core Viewpoint - The company announced a cash dividend distribution plan for the first half of 2025, proposing a distribution of 1.2 RMB per 10 shares, with no capital reserve transfer or bonus shares issued [1][2]. Group 1: Profit Distribution Plan - The proposed cash dividend distribution is based on the total share capital as of the equity distribution registration date, which will be specified in a future announcement [1]. - The total number of shares is 150,949,000, leading to an estimated total cash dividend of approximately 9.17 million RMB, which represents 62.54% of the net profit attributable to shareholders for the first half of 2025 [1][3]. - The distribution plan has been approved by the company's board of directors and does not require further approval from the shareholders' meeting [2][3]. Group 2: Decision-Making Process - The board of directors held a meeting on August 22, 2025, to review and approve the dividend distribution plan, ensuring it aligns with the company's profitability and cash flow requirements [2][3]. - The monitoring committee also reviewed the plan, confirming that it complies with legal regulations and the company's articles of association, and that it considers the interests of minority shareholders [3][4].

Group 1 - The company held its 11th meeting of the 4th Supervisory Board on August 22, 2025, with all three supervisors present, complying with relevant regulations [1][2] - The Supervisory Board approved the 2025 semi-annual report and its summary, confirming that the information reflects the company's operational and financial status accurately and comprehensively [1][2] - The Supervisory Board also approved the 2025 semi-annual profit distribution plan, stating that the decision-making process and distribution ratio comply with laws and regulations, and do not harm the interests of minority shareholders [2]

Core Points - The company will hold a half-year performance briefing on September 2, 2025, from 10:00 to 11:00 [1][2] - The briefing will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [1][2] - Investors can submit questions from August 26, 2025, to September 1, 2025, before the briefing [1][2] Meeting Details - The meeting will feature key personnel including the Chairman and General Manager, Mr. Chen Jifeng, and other executives [2] - Investors can participate online through the Shanghai Stock Exchange Roadshow Center [2] - Contact information for inquiries includes the Board Office's phone number and email address [2]

Core Viewpoint - Beijing World Diamond Tools Co., Ltd. is set to list 1,228,396 restricted shares for trading on August 29, 2025, following a specific issuance to designated investors [1][2][6]. Summary by Sections Stock Listing Details - The stock listing type is a private placement, with a total of 1,228,396 shares to be listed [1]. - The shares represent 0.81% of the company's total share capital [2]. Changes in Share Capital - Following the issuance of new shares, the company's total share capital increased from 95,089,743 shares to 109,580,960 shares [3]. - After the completion of share registration, the total share capital further changed from 109,580,960 shares to 151,997,828 shares due to share cancellations [3]. Lock-up Commitments - Shareholders have committed to a lock-up period of 36 months for the newly issued shares, starting from the end of the issuance [4][5]. - If the shareholders have held the underlying company shares for less than 12 months, the lock-up period extends to 36 months [5]. Compliance and Verification - Independent financial advisors have confirmed that the shareholders have adhered to their lock-up commitments, and the listing of restricted shares complies with relevant regulations [6]. - The verification process indicates that the information disclosed by the company regarding the restricted shares is accurate and complete [6].

Core Viewpoint - Beijing World Diamond Tools Co., Ltd. has successfully completed a share repurchase program, utilizing its own funds to buy back shares for the purpose of reducing registered capital, with a total repurchase amount reaching approximately RMB 19.55 million [4][6]. Group 1: Share Repurchase Approval and Plan - The company approved a share repurchase plan on August 14, 2024, allowing for a total repurchase amount between RMB 10 million and RMB 20 million, with a maximum repurchase price of RMB 23 per share [2]. - Following the implementation of the 2024 semi-annual equity distribution, the maximum repurchase price was adjusted to RMB 22.88 per share, and subsequently to RMB 22.66 per share after the annual equity distribution [3]. Group 2: Implementation of Share Repurchase - The company initiated its first share repurchase on September 2, 2024, acquiring 11,533 shares at a maximum price of RMB 14.42 per share, totaling approximately RMB 166,115.20 [4]. - As of the announcement date, the company had repurchased a total of 1,048,828 shares, representing 0.69% of the total share capital, with an average repurchase price of RMB 18.64 per share [4][5]. Group 3: Share Cancellation Arrangement - The company has completed the necessary procedures to notify creditors regarding the share repurchase and capital reduction, with no objections received during the public notice period [8]. - The company plans to cancel the repurchased shares on August 12, 2025, and will handle the related registration changes accordingly [8]. Group 4: Shareholder Equity Changes - Shareholder Zhong Shujin reduced his holdings by 414,500 shares from December 5, 2024, to August 11, 2025, decreasing his ownership from 6.23% to 5.96% of the total share capital [13][15]. - The controlling shareholder and actual controller did not reduce their holdings, ensuring no change in control or significant impact on the company's governance structure [14].

Summary of Key Points Core Viewpoint - The company, Beijing World Diamond Tools Co., Ltd., has announced a share repurchase plan aimed at reducing registered capital and maintaining shareholder value, with a total repurchase amount expected to be between 10 million and 20 million RMB [1][2]. Group 1: Repurchase Plan Details - The repurchase plan was first disclosed on July 29, 2024, and will be implemented from August 14, 2024, to August 13, 2025 [1]. - The maximum repurchase price is set at 22.66 RMB per share, adjusted from previous limits of 23 RMB and 22.88 RMB [2][3]. - The company has approved the use of its own funds for the repurchase through centralized bidding [2]. Group 2: Implementation Status - As of the latest report, the company has repurchased a total of 1,048,828 shares, representing 0.69% of the total share capital, with an actual expenditure of approximately 19.55 million RMB [4][5]. - The repurchase price ranged from 14.30 RMB to 20.41 RMB per share, with an average price of 18.64 RMB [4][5]. - The repurchase has been conducted in compliance with relevant laws and regulations, and the execution aligns with the disclosed plan [4]. Group 3: Share Cancellation and Capital Reduction - The repurchased shares will be canceled, leading to a reduction in the company's registered capital [6]. - The company has completed the necessary procedures to notify creditors regarding the share cancellation, and no objections were raised during the public notice period [5][6]. - The cancellation of the shares is scheduled to be completed by August 12, 2025 [5][6].

Core Viewpoint - The announcement details a change in shareholder equity for Beijing World Diamond Tools Co., Ltd., indicating a reduction in the combined shareholding percentage of the actual controller and their concerted actors from 37.20% to 37.00% due to share reductions by Chen Tao and Peng Kun [1][2]. Group 1: Shareholder Changes - Chen Tao and Peng Kun collectively reduced their shareholding by 308,100 shares, representing 0.20% of the company's total share capital [1][2]. - The shareholding of the actual controller and their concerted actors decreased from 56,547,275 shares to a lesser amount, reflecting the recent share reduction [1][2]. Group 2: Shareholding Details - Before the reduction, Chen Tao held 93.38 million shares (0.61%), which decreased to 78.07 million shares (0.51%) [2]. - Peng Kun's shareholding decreased from 41.21 million shares (0.27%) to 25.71 million shares (0.17%) [2]. - Other significant shareholders, such as Chen Jifeng and Yang Nuo, did not experience any direct shareholding changes during this period [2]. Group 3: Regulatory Compliance - The company confirms that the changes in shareholding do not trigger mandatory tender offer obligations and do not violate any prior commitments or plans [1][4]. - The company will continue to monitor shareholder equity changes and comply with relevant legal and regulatory disclosure requirements [4].

Key Points - The company adjusted the maximum repurchase price per share from RMB 22.88 to RMB 22.66 after the annual equity distribution for 2024 [1][2] - The adjustment takes effect from June 17, 2025, which is the date of the annual equity distribution [1][2] - The total repurchase fund is set between RMB 10 million and RMB 20 million, with an estimated repurchase quantity of approximately 442,600 shares at the lower limit and 882,600 shares at the upper limit, representing 0.29% and 0.58% of the total share capital respectively [4][5] Repurchase Plan Details - The company plans to use its own funds for the repurchase of shares through centralized bidding, aiming to reduce its registered capital [1][2] - The cash dividend distributed is RMB 2.2 per 10 shares, totaling RMB 33,240,900 [2][3] - The repurchase price adjustment formula accounts for the cash dividend and any changes in circulating shares, but since only cash dividends are distributed, the circulating shares remain unchanged [3]

Core Viewpoint - The legal opinion letter from Beijing Jincheng Tongda Law Firm confirms that the differentiated equity distribution plan of Beijing World Diamond Tools Co., Ltd. complies with relevant laws and regulations, ensuring that the interests of the company and its shareholders are not harmed [1][8]. Group 1: Reasons for Differentiated Equity Distribution - The company plans to repurchase shares using its own funds through centralized bidding on the Shanghai Stock Exchange, with a total repurchase amount between RMB 10 million and RMB 20 million, and a maximum repurchase price of RMB 23 per share [4][5]. - Due to the implementation of the 2024 semi-annual equity distribution, the maximum repurchase price has been adjusted to RMB 22.88 per share, and as of May 26, 2025, the company has repurchased a total of 902,828 shares [5][6]. - The shares held in the repurchase account do not participate in profit distribution, resulting in a need for differentiated equity distribution due to discrepancies between total share capital and the number of shares eligible for distribution [5][6]. Group 2: Specific Plan for Differentiated Equity Distribution - The company proposes to distribute a cash dividend of RMB 2.2 per 10 shares (including tax) to all shareholders, without capital reserve transfers or stock bonuses, with undistributed profits carried forward to the next year [6][7]. - The actual cash dividend per share is calculated to be RMB 0.22 (including tax), and the total number of shares participating in the distribution is 151,095,000 shares [6][7]. Group 3: Impact on Ex-Dividend Price - The reference price for ex-dividend is calculated as RMB 21.09 per share based on actual distribution, with no change in circulating shares [7]. - The virtual distribution cash dividend is approximately RMB 0.21869 per share, leading to a negligible impact on the ex-dividend reference price, which is calculated to be RMB 21.09131 per share [7]. - The absolute impact of the differentiated equity distribution on the ex-dividend reference price is less than 1%, complying with regulatory requirements [7][8].

Core Viewpoint - Beijing World Diamond Tools Co., Ltd. has announced a differentiated cash dividend distribution plan, with a cash dividend of 0.22 RMB per share for shareholders [1][4]. Dividend Distribution Plan - The company will distribute a cash dividend of 2.2 RMB for every 10 shares held, with no capital reserve fund conversion or bonus shares issued [1][2]. - The total number of shares eligible for the dividend is based on the total share capital minus shares held in the company's repurchase account [1][2]. - The cash dividend will be distributed to all shareholders registered by the end of the trading day on the equity registration date [1][2]. Tax Implications - For individual shareholders holding unrestricted shares for over one year, the dividend income is exempt from personal income tax [3][4]. - For shares held for one year or less, the company will not withhold personal income tax at the time of distribution; tax will be calculated based on the holding period when the shares are sold [4]. - The actual cash dividend after tax for shareholders holding shares for less than one month is 0.176 RMB per share, while for those holding between one month and one year, it is 0.198 RMB per share [4][5]. Implementation Details - The cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders who have registered their designated trading accounts [2][6]. - Shareholders who have not designated a trading account will have their dividends held by the clearing company until they complete the necessary procedures [2][6].