Jinyu Bio-Tech plans differentiated equity distribution for 2024

Jinyu Bio-Technology (SSE:600201) plans a differentiated equity distribution for 2024, addressing the discrepancy between total share capital and shares eligible for profit distribution due to its share repurchase program. The company intends to distribute a cash dividend of CNY 0.30 per 10 shares (inclusive of tax). Based on the current share capital of 1,120,369,226 shares, less the 18,684,900 shares held in the repurchase account, the total dividend payout is expected to be CNY 33,050,529.78 (inclusive of tax). This distribution will only involve cash dividends, with no capitalization of public reserves or stock dividends planned. Inner Mongolia Jianzhong Law Firm has issued a legal opinion confirming that the proposed differentiated equity distribution complies with relevant laws, regulations, and the company's articles of association.