Group 1 - The core point of the news is that Shenzhen Ruijie (300977.SZ) is currently experiencing a decline in stock price, closing at 20.84 yuan with a drop of 9.15%, indicating a state of being below its initial public offering (IPO) price [1] - Shenzhen Ruijie was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on April 20, 2021, with an IPO price of 89.66 yuan per share and a total of 11.2 million shares issued, raising a total of 1.004 billion yuan [1] - The net proceeds from the IPO amounted to 922 million yuan, which was 300 million yuan more than the original plan of 621 million yuan [1] - The funds raised were allocated to various projects, including 353 million yuan for the construction of an engineering consulting operation service platform, 102 million yuan for the headquarters R&D center, 45.87 million yuan for an information management system, and 120 million yuan for working capital [1] - The total issuance costs for the IPO were 82.5 million yuan, with the underwriting fees for the sponsor, First Capital Securities, amounting to 66.13 million yuan [1] Group 2 - Shenzhen Ruijie announced a dividend plan on May 28, 2021, offering a bonus of 5 shares for every 10 shares held and a cash dividend of 8.92 yuan [2] - On May 20, 2022, the company repeated a similar dividend plan, again offering a bonus of 5 shares for every 10 shares and a cash dividend of 7 yuan [2] - The most recent dividend announcement on May 23, 2023, included a bonus of 5 shares for every 10 shares and a significantly reduced cash dividend of 0.5 yuan [2]