Core Viewpoint - Shenzhen Tongwei Digital Technology Co., Ltd. has announced its 2024 annual equity distribution plan, which includes a cash dividend of 3.2 yuan per 10 shares for all shareholders, totaling approximately 69.97 million yuan [2][3][4]. Equity Distribution Plan - The total number of shares for the distribution is 218,666,131 after excluding 827,800 shares held in the repurchase account [2][3]. - The cash dividend will be distributed at a rate of 3.2 yuan per 10 shares, with a total cash dividend amounting to 69,973,161.92 yuan [2][4]. - The ex-dividend price will be adjusted to reflect the cash dividend, calculated as 3.187931 yuan per 10 shares after the distribution [4][8]. Key Dates - The record date for the equity distribution is set for July 8, 2025, and the ex-dividend date is July 9, 2025 [5]. Distribution Method - The cash dividends will be directly credited to the accounts of shareholders through their securities companies on the ex-dividend date [7]. Financial Management - The company has utilized its idle funds to purchase bank wealth management products, with a total investment of up to 500 million yuan planned for such investments [12][15]. - Recent redemptions of wealth management products yielded a total return of 642,991.79 yuan from investments of 11 million yuan [13].

Core Viewpoint - Jiangsu Longpan Technology Co., Ltd. is actively managing its idle funds and expanding its investment in subsidiaries while also implementing foreign exchange hedging strategies to mitigate risks associated with currency fluctuations [2][4][5]. Group 1: Stock Performance - As of May 30, 2025, Longpan Technology's stock closed at 11.51 yuan, down 6.57% from the previous week's 12.32 yuan [1]. - The stock reached a weekly high of 12.77 yuan on May 28, 2025, and a low of 11.46 yuan on May 30, 2025 [1]. - The company's current total market capitalization is 7.655 billion yuan, ranking 47th out of 95 in the battery sector and 2008th out of 5146 in the A-share market [1]. Group 2: Financial Management - The company announced the use of up to 600 million yuan of idle raised funds for cash management, with 67 million yuan already utilized for purchasing financial products [2]. - An additional 200 million yuan will be used to purchase structured deposit products from the Bank of China, with expected annual yields of 0.6000% or 2.4354% and 0.6000% or 2.4371% for different products [2]. Group 3: Corporate Governance - The 2024 annual shareholders' meeting was held on May 28, 2025, where multiple resolutions, including the 2024 Board of Directors and Supervisors reports, were approved [3]. Group 4: Investment Activities - The company plans to increase its investment in its subsidiary, Changzhou Lithium Source New Energy Technology Co., Ltd., by 369.7056 million yuan, with part of the funds allocated to registered capital and the remainder to capital reserves [4]. - Changzhou Lithium Source intends to further invest 1.4 million USD in its subsidiary, LBM NEW ENERGY(AP) PTE. LTD. [4]. Group 5: Risk Management - The company and its subsidiaries plan to engage in foreign exchange hedging activities to control currency risk, with a maximum transaction amount of 50 million USD or equivalent foreign currency [5].