Foran Energy Group Co., Ltd. Implements 2019 Profit Distribution Plan( A Shares), Payment Date of 21 May 2020
May 14, 2020 at 03:32 pm EDT
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Foran Energy Group Co., Ltd. implemented 2019 profit distribution plan(A shares) of Cash dividend/10 shares (tax included) CNY 5.000000000. Record date: 20 May 2020 Ex-date: 21 May 2020 Payment date: 21 May 2020. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.50000000(10% x CNY5.00000000) Net cash dividend/10 shares after tax: CNY4.50000000(CNY5.00000000- CNY0.50000000).
Foran Energy Group Co.,Ltd., formerly Foshan Gas Group Co.,Ltd., is a China-based company principally engaged in the transmission and distribution of natural gas. The Company also provides gas engineering design and construction, distributed energy, natural gas trading, gas storage peak shaving and other businesses. The Company's main product is natural gas, which is mainly applied to the fields of residential life, industry, commerce, power generation, transportation and distributed energy. The Company mainly distributes its products within domestic market.
FORAN ENERGY GROUP CO., LTD. 
