Fuda Alloy Materials Co., Ltd. Announces Dividend for the Year 2019, Payable on July 20, 2020
July 12, 2020
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Fuda Alloy Materials Co., Ltd. announced the implementation of the scheme of profit distribution and capitalization from capital public reserve for 2019 as follows: a cash dividend of RMB 1.5 (taxes included) per 10 shares on the basis of 135,445,155 shares after excluding the 2,174,845 shares in the special repurchase account from the total issued 137.62 million shares on the record date of implementing the rights and interests distribution. Record date is July 17, 2020. Ex-dividend date is July 20, 2020. Cash dividend payable date is July 20, 2020.
Fuda Alloy Materials Co., Ltd. is a China-based company principally engaged in the research and development, production and sales of electrical contact materials, as well as provides related technical consulting and services. The Company's main products include contact materials, multilayer contacts and contact elements. The Company's products are mainly used in relays, circuit breakers, contactors, sensors, industrial control and other fields. The Company mainly operates its business in the domestic market.