China Fineblanking Technology : Announcement of the BOD's resolution for dividends distribution on behalf of subsidiary, CFTC PRECISION (JIA-XING) LIMITED.
Provided by: CHINA FINEBLANKING TECHNOLOGY CO., LTD.
SEQ_NO
5
Date of announcement
2022/08/05
Time of announcement
18:28:53
Subject
Announcement of the BOD's resolution for dividends
distribution on behalf of subsidiary, CFTC PRECISION
(JIA-XING) LIMITED.
Date of events
2022/08/05
To which item it meets
paragraph 14
Statement
1.Date of the board of directors resolution:2022/08/05
2.Type and monetary amount of dividend distribution:
Cash dividends, US$1,300,000
3.Any other matters that need to be specified:
(1)The Company invests in China Fineblanking International Co., Ltd through
China Fineblanking Group Co., Ltd, and then invests in CFTC PRECISION
(JIA-XING) LIMITED through China Fineblanking International Co., Ltd.
The shareholding ratio of the above layers is 100%.
(2)The cash dividends listed above will be remitted in full, and the surplus
will eventually be repatriated to the Company.
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China Fineblanking Technology Co. Ltd. published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 10:35:06 UTC.
China Fineblanking Technology Co Ltd is a Taiwan-based company mainly engaged in the production and supply of metal parts such as computer hard drives and automobiles focusing on the research and development and manufacturing technology of fine blanking. The main products include hard drives machine parts such as computerized hard disk voice coil motor brakes, automobile and motorcycle parts such as transmission parts, door locks and seats, hydraulic pumps, brakes and other stamped parts. The Company mainly sells its products in Taiwan, Europe, Asia and others.
China Fineblanking Technology : Announcement of the BOD's resolution for dividends distribution on behalf of subsidiary, CFTC PRECISION (JIA-XING) LIMITED.
CHINA FINEBLANKING TECHNOLOGY CO.,LTD. 