Xinjun Network: The impact of the differentiated dividend for the year 2025 on the ex-rights and ex-dividend reference price is minimal.
Xinjul Network announced that the company will repurchase 2,475,400 shares in 2024 for the employee stock ownership plan or equity incentive, which will be held in a designated repurchase account. These shares will not participate in profit distribution, resulting in a discrepancy between the total share capital on the record date for profit distribution in 2025 and the actual number of shares participating in the distribution, necessitating a special adjustment for differentiated equity distribution. In 2025, a cash dividend of 0.03 yuan per share is proposed to be distributed to shareholders of 160 million shares eligible for distribution. According to calculations, the absolute impact of this differentiated dividend on the ex-rights and ex-dividend reference price is approximately 0%, which is less than 1%, indicating a minor impact.
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