Shanghai Luxin Packing Materials Science & Technology Co., Ltd. Announces Dividend Implementation Plan for 2012, Payable on August 2, 2013
July 28, 2013
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Shanghai Luxin Packing Materials Science & Technology Co., Ltd. announced 2012 final distribution plan to be implemented for A shares of CNY 1.00000000. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Tax on cash dividend per 10 shares is CNY 0.10000000.
Net cash dividend per 10 shares after tax is CNY 0.90000000. (CNY 1.00000000 - CNY 0.10000000). The dividend will be payable on August 2, 2013 with record date of August 1, 2013 and ex-date is August 2, 2013.
Shanghai Shunho New Materials Technology Co.,Ltd., formerly Shanghai Luxin Packing Materials Science & Technology Co., Ltd., is a China-based company principally engaged in the research, development, manufacture, processing and distribution of packaging products. The Company's main products include vacuum metalized papers, polypropylene fibers for cigarettes, as well as white cardboards and laminated papers. The Company is also involved in the provision of printing materials, hologram papers as well as optical anti-counterfeiting films, among others. The Company's products are applied in the packing of tobaccos, food, beverages, sports goods, liquors and others. In addition, the Company also engages in the research, manufacture and distribution of natural biological fertilizer and organic feed, as well as the development of network technology, among others. The Company distributes its products within domestic market and to overseas markets.