【中文版】

除权除息是上市公司在分红派息时，为了维持股票的价格和交易的公平性，同时给股东带来实际的分红回报而采取的措施。

除权是指上市公司在分红派息时，将股票的股价按照一定比例向下调整，以反映股票的真实价值。除息是指上市公司在分红派息时，将股票的股息按照一定比例向下调整，以反映股票的真实收益。

除权除息的目的是为了防止市场出现过度投机和操纵股价的行为，保护投资者的利益。通过除权除息，投资者可以获得更加真实的股票价值和投资回报。

除权除息的具体操作方式是：在股权登记日，上市公司的股东会享有分红派息的权利。在除权除息日，股票的股价和股息会按照规定进行调整，而投资者持有的股票数量不变。同时，上市公司会将分红派息的现金发放给投资者。

需要注意的是，除权除息会导致股票的市值减少，因此投资者在投资时需要谨慎考虑。

【英文版】

The meaning of dividend and stock dividend is that when a listed company distributes dividends, in order to maintain the fairness of the stock price and trading, and provide actual dividend returns to shareholders, it adopts measures to adjust the stock price and dividends.

Dividend refers to the adjustment of the stock price downward in a certain proportion when a listed company distributes dividends, so as to reflect the true value of the stock. Stock dividend refers to the adjustment of dividends downward in a certain proportion when a listed company distributes dividends, so as to reflect the true benefit of the stock.

The purpose of dividend and stock dividend is to prevent market excessive speculation and manipulation of stock prices, protect investors' interests. Through dividend and stock dividend, investors can obtain more real stock value and investment returns.

The specific operation method of dividend and stock dividend is: on the day of shareholder registration, shareholders of listed companies will enjoy the right to distribute dividends. On the day of dividend and stock dividend, the stock price and dividends will be adjusted in accordance with regulations, while the number of shares held by investors remains unchanged. At the same time, listed companies will distribute cash dividends to investors.

It should be noted that dividend and stock dividend will lead to a decrease in stock market value, so investors need to consider carefully when investing.