Yonyou Network Technology Co., Ltd. Announces Implementation of Distribution for 2018, with Payable Date on May 7, 2019
April 24, 2019
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Yonyou Network Technology Co., Ltd. implements the scheme of profit distribution and capitalization from capital public reserve for 2018 with the differentiation scheme of bonus shares as follows: a cash dividend of RMB 0.25 (tax included) per share on the basis of 1,897,652,142 shares (excluding repurchased 19,829,791 shares from total amount of shares on the record date confirmed in the announcement on implementation of profit distribution) and 0.30 share capitalized from capital public reserve to all shareholders per share. The total amount of cash dividend to be distributed by the Company is RMB 474,413,035.50 and the 569,295,642 shares is totally capitalized. After the distribution, the total shares is 2,486,777,575 shares. Record date is May 6, 2019. Ex-right and ex-dividend date is May 7, 2019. Cash dividend payable date is May 7, 2019.
Yonyou Network Technology Co., Ltd. is specialized in the development and manufacturing of management software products. These products are used for enterprise resource planning, human resource management, office automation, customer relationship management, product lifecycle management, etc. Net sales break down by activity as follows:
- services (69.1%): maintenance, technical support, consulting, and training services;
- sale of licenses (29.6%);
- other (1.3%).
China accounts for 98.4% of net sales.