China Steel : The 15th meeting of the 17th Board of Directors of China Steel Corporation (CSC)

The 15th meeting of the 17th Board of Directors of China Steel Corporation (CSC) was held on August 6, 2021. Major resolutions were:

1. Decision of Ex-Dividend Date
Ex-dividend date：September 6, 2021
Ex-dividend trading date：August 31, 2021
Last date before book closure：September 1, 2021
Book closure starting date：September 2, 2021
Book closure ending date：September 6, 2021
Payment date：September 17, 2021

2. CSC will invest NT$7.996 billion to launch "Coke Oven Plant and Coke Dry Quenching Facility Renewal Project Stage III". The purpose of this project is to revamp facilities, enhance environment protection, and reduce emission of CO2 and PMs. This project will commence on September 1, 2021 and is scheduled for completion on December 31, 2026. The main structure engineering of Coke Oven Plant will commence on December 1, 2022 and is scheduled for completion on February 28, 2025.
After the completion of stages of engineering in the future, it will generate 273 million kWh per year by recycling the production process' waste heat. On top of that, it will reduce VOCs emission of 73 metric tons (65%), PMs of 41 metric tons (56%) as well as energy consumption of 214 million cal/metric ton coke (10%) per year, further reducing CO2 emission of 146 metric tons per year, which is equivalent to carbon uptake of 375 Daan Forest Parks.