Flat Glass Group Co., Ltd. Recommends Final Dividend for the Year Ended December 31, 2020, Payable on 23 June 2021
May 26, 2021 at 05:58 am EDT
Share
Flat Glass Group Co., Ltd.'s Board recommended the payment of a final dividend of RMB 0.15 per ordinary Share (before tax) for the year ended 31 December 2020 to the Shareholders, which was approved by the Shareholders at the AGM held on 20 May 2021. The Board announced that the 2020 Final Dividend for the year ended 31 December 2020 will be distributed on 23 June 2021 to the H Shareholders. For determining the Shareholders' entitlement to the 2020 Final Dividend, as disclosed in "Letter from the Board II Proposed Declaration of 2020 Final Dividend" in the Circular, the register of members of the Company for H Shares would be closed from 26 May 2021 to 31 May 2021, both days inclusive, during which period no transfer of H Shares will be registered. The record date for entitlement of H Shareholders to the 2020 Final Dividend is 31 May 2021. Dividends on A Shares will be paid in RMB and dividends on H Shares will be paid in Hong Kong dollars. The exchange rate for the dividend to be paid in Hong Kong dollars is the mean of the exchange rates of Hong Kong dollars to RMB as announced by the People's Bank of China during the five business days (business day is domestic business day) prior to the date of the AGM. The 2020 Final Dividends for H Shareholders is HKD 0.18 per ordinary Share (before tax).
Flat Glass Group CO., LTD. is a China-based company principally involved in the research, development, manufacturing and sales of glass products. The Company's main products include photovoltaic glass, float glass, engineering glass and home glass. In addition, the Company is also engaged in the mining and sales of glass quartz mine and engineering procurement construction (EPC) photovoltaic power plant construction businesses. The Company distributes its products within domestic market and to foreign markets.